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1 <br /> ��� <br /> o�z <br /> �H!n <br /> y�� .:�,-�o i �n t1 :G! I:�JNNWILL INC 48553T1 P. 02 <br /> �M� �'�" - 259- � 8ov <br /> Hxy�C+1 Q <br /> :a GJ <br /> ��g ASSIGtMENT OF FUNDS <br /> Q„ � TO CITY OF BYBR$TT <br /> �y� Applicant: . Connwill, Inc. (Developer/Contractor) <br /> i..,y 14615 ti 6 190th, N107 <br /> y Woodinville WA 98028 <br /> g�y ����� <br /> 6verett Tracking: M 38305 <br /> � � I N P U L 1;. � <br /> H�v� Financial Institute: Pu et Saw�d National Bank � <br /> .. ttizx�� sran� JUL 21 1993 <br /> 327 Rirklan4 Park Place Center ���l,�iQ� <br /> t(irkland wA 98039 . ...�....,�.��.�.��..,.�.�.. <br /> (hereinaiter called "aank") CIl'1' OF EYlRETT <br /> Publ!o Work� Dept. <br /> Owner: colwnbia Paint a Coatings <br /> Project: Lota 15-18, Block 712, EVerett Land Ca�g>anY's First <br /> Addition to 5verett, Vol�m�e 3, Page 20, Records of <br /> SnohomiBh Camty <br /> The abova referenced Bank hereby certifies that the sum of 1wo Ttnusand One <br /> H�a�ed aM 00/100 (52.300.001 is included in our Ginr of Credit to secuxe for •• <br /> � � the City of 6Verett the Applic.ant's performance of certain work required in <br /> 1 ' connect3on Mith the above referen�ed project. <br /> a <br /> � The r�quired work beinq SideWalk, Cvrb az�d cutter in the Public Right�f-Way at <br /> � � the above referenced project. <br /> '�' The Hank certifies arul agrees that these funds will tat be released xithout <br /> '�' � writton instructions from the City of Everett. We further agree that these fund5 <br /> ' Hill be paid to the City of Everett within 30 (ten) days of receivinq written <br /> �� notice that the City of Lverett has determined that the required xork has not <br /> been porfomred. The Bank ehaJ.l have m duty or riqht to evaluate the correctness <br /> ' ot appropriateness of any such mtice of determination by the City of Everett ar�d <br /> � �hall not interplead ot in any manner delay pnyment of said funds to The City of <br /> bverett. <br /> ' ' The Applicant hereby agrees to this Assiqnment of FVnds and that iLs obligation <br /> to perform the required work is not limited to the amount of funds held by the <br /> � San}t• <br /> �' This Aseigrunen: is irrevocable and cannot be caneelled by the Bank or by the <br /> �' AppliCant, <br /> Appli^..ant: Bank: <br /> �/,.� /' <br /> //,C�/ t,!-��l.l✓i���.� • '� .— i <br /> Gala W Conner, President Mary Lee Mills, M ger� <br /> ConnWill, Inc, ; /�� Puqet Sound National Bank <br /> Dated Occ . _�, /9�� Dated ��'�_ -3 %�/3Y' <br />