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HC�� <br />O�H <br />9Hy <br />�Z� <br />H �l <br />� N'�I <br />V1 M <br />�O� <br />OH <br />��g <br />�. � <br />t�y� <br />HH <br />y <br />ga�� <br />ZHtn <br />HOtn <br />� � <br />For: <br />Name oE Projcct: <br />Construction Site Address: <br />2= ��.i/ �-- �__ <br />Yermit ReEerence: <br />.�8 — i�8 <br />ASSIGAC��NI' OF IUM�S 'C� 'I71E CITY Of EVIREIT <br />(descriUe improvements) <br />�r.mnnvi? ROAD TO CITY <br />EVERETT, lJA5l1INGTON <br />Improvemeiits to be installed per City standnrds by NOVertn,_ E� 19 88 ' <br />will be lield in Hscrow <br />We hcreby agree that the sum of $9,063.60 _ ���creina[tcr <br />ACcount No. 3227 803354 in FRONTI6R B NK <br />ld.Y.Z. GROUP (liereinafter <br />reEerred to as "ISank") in the name of <br />referred to as "Applicant") to assure performance oE the above-described <br />improvements and guaraiitee tliat tliese fwids will not be released witliout <br />prior written approval from the CityweEa ree tlatP �on complet onaof'ntl�e <br />(hereinafter reCerred to as "City")• � <br />installation oP the improv:ments per City standards and approval by the <br />City, the City will provide written notice to tl�e IIank autliorizing tl�e <br />release of these Lunds. We further agree that these fw�ds will Ue released <br />to the City upon notice Uy the City tl�at the improvements l�ave not been <br />installed per City standards. <br />Provided Lurther, hoaever, thaC in the event the above-described <br />improv�ments are installed per City standards and a certificate of partial <br />compliance is signed by the City, then in that event, we are Eurther <br />instructed to release progress payments for Chat amowrt oE improvements <br />installed per City standards and approved Uy the City. 'Ihe City shall !»�e <br />first claim and priority to the remaining Ualance of said swn of <br />$ <br />,R r' � <br />, � <br />rN �� v:,n�' <br />u : l�� �.� �rt � <br />r <br />RICfIARD I il RD - VP <br />Address: 2612 IVGTDfORE AVE EVER • <br />VICB P2ESIDCNT <br />Title: <br />Telephone no.: 339-2 11 <br />n <br />Contact Perso�i: ��%���� <br />��iU�Nf� L <br />r�s� i or z <br />3/86 <br />, <br />