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�� <br /> Name of Project: <br /> Construction Site Address: <br /> "'/.i0— G ��1cGiLc. ANE. <br /> Permit Reference: <br /> IISSIGPAtENf OF I�ZJM)S 10 'I1ID CITY OF EVFRfi1'f <br /> Por: (describe improvements) <br /> Improvements to be irstalled per City standards by 19 <br /> od <br /> We hereby agree that the sum of $ $� � �will be held in Escrow <br /> Account No. 27-3001276-4 in �A5!E N- ,� v-ua� �AJ��S (hereinaEter <br /> ; reEerred to as "Bank") in tlie name of (�,cli�ca. 3-�e . (hereinaFter <br /> reEerred to as "Applicant") to assure performance oE tlie above-described <br /> � improvements and guara�itee that these funds will not be released without <br /> prior written approval £rom the City of Bverett Public Works Department , <br /> (hereinaEter referred to as "City"). We agree that upon completion oE the i <br /> installation oE the improvements per City standards and approval by the � <br /> City, the City will provide written notice to tlte Dank autliorizing tlie <br /> i release oE these Lm�ds. We Eurtl�er agree that these Cun�s wlll bc rclensed <br /> � to the City upon notice by the City that the improvements have not been <br /> installed per City standards. <br /> � Provided further, however, that in the event the above;described <br /> improvements are installed per City standards and a certificate of partial <br /> compliance is signed by the City, , th�ri in that event, we are Eurther <br /> instructed to release progress payments Eor that amoimt of improvements <br /> installed per City standards and approved by the City. The City shall liave <br /> � first claim and priority to the . remaining balance of said sum of <br /> �-��. <br /> J � ,���,�t,,,,��c �,,.��. <br /> � Name o llan <br /> �� ��'- h� �',��d� <br /> Address: 520 tJE Nort,bq r�Wa� — <br /> Title: Operations Manager _ <br /> Teleplione no.: 464-4795 <br /> Contact Person: Lisa M. Peabody <br /> O.e'�c-.v�L <br /> S�ti�.—To SA�'C ,�/3/�� <br /> Paelof2 <br />