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f�� <br />'\l�, <br />`. :i 5 ���`�� <br />..�.Y.^ <br />Nnmc of ProjecL• <br />II S P 1571-7-BS <br />Const. Silc Adch•ess: <br />SouL-h Corner of C�vnpus Parkway <br />Rnf3 T:IIPr[]YPPn WdV <br />Pcrinit Refa•cnae: <br />ASSIGNAi�N'P OP PUNDS'I'O TIIL' CI'PY OF I;YERP,'1"P <br />Por: (dcscribc improvements) <br />�ONSTf2UC'T CURp, GUTl`LR & SIDLWAI,IC AIANG EVl'.��GR[;tiN WAY FRONTAGE F1ND _ <br />_SIp1�i�f1LKS AL.ONG CN'II'US PARK[4AY (to be instnlled per Cily stancLu•cl.$). <br />IYc hereby ngree thnt Uie surn of $ 15,309.00 will br, hcld in Iisc�rnv� <br />Account No. 31 )-701923 �n L ir:,t Western Bank <br />(hereinnflcr referred lo ns "I3anlc") in the nntne oC �ver�reen Campus Assoc. Ltd. Ptnrsh� <br />(hc,cinn[tcr re[erred to ns "Applicnnt") to i�ssure perforinnncc of thc <br />nbove-described improvements nnd gunrnntce lhnt lhese fcnds will not hr, rclensed <br />without prior writtr.n npprovnl [rom lhc City of Gverelt Public t9o�•ks i)epnrlmcnt <br />(licrcinnfter refcrred to as "City"). IVe ❑grcc thnt upon coinplclion of lhc <br />instnllation of lhc improvements per Cily stnndnrds nnd npprovnl hy the Clly, lhc <br />City will provide written notice to thc Tlnnlc nuthorizing llic rcleas�� of thesr, fwul.s. <br />b�'e further agree [hnt these [unds will bc rclensed lo the City upon nolice bV th�� <br />City Umt lhc improvements hnve not been inslaRed per City slundnrd;. <br />Provided further, however, thnt in the evr.ut lhe nbovc-described iin�,rovc- <br />ments nre instnlled per City stnndards nnd n ccrtificnle oC pnrtinl complinncc is <br />signed by the Cily, then in thnt event, we nre further �nstrucied to rclense proE;ress <br />paymenls for thut nmount o[ improvements inslulled pr.r Cily slnndnnls ruid <br />npproved by the Cily. The City shnll hnve [irst claim �nd priority to the remnining <br />balnnce oC said sum of R 7 <br />PIRST W�S'1'E1;N IInNI< <br />�Unm� of 13nn1< <br />13y: �1.� �i���eF' Kris A. Callalian � <br />�f - --- <br />Addre55: 305 108th Ave. NE 6ellevuc, ldA 98004 <br />'I'Ifl�: . � Customer Service <br />7'clephollc No.: 453-2500 <br />Contnet Pcrson: Kris A. Callahan <br />�%!(y-/��G � S'�.r�% �cv <br />8 —29--8 � <br />���o,, � or a <br />�'��� CC"�;� <br />tn�es <br />