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. . � , <br /> ,� � : <br /> : . ,:: . o � � I� � d � D . <br /> ; � , <br /> � JUN 2 U 19�1 <br /> • __... ............................ <br /> Nanie of I'roJect: <br /> ' CITY OF EVERETT TNE �R�HOt�S'E �//N/ �Rk6E <br /> � dld�• Permlt Counter Cunstructimi S1te /lddress: <br /> ' . /520 E, /P/AR/.1/ V/EW OR/KE <br /> Permit Reference: <br /> ASSIGGt4E�lT Uf FUNUS TO 111E CITY OF EVEfIETT <br /> For: (descri6e improvemenCs ) • <br /> DRA/nl A G t: �YSZEM , _ sPHA�_ T{_�lOE N/N/ K � 6'tl7T�/�S <br /> lmproVetnents to be installed per City standards by _ SEPT. 30 19�. <br /> TK�.-FiV7Y �EUE�V T�/d�Csi4�+l�� E/BHT <br /> 41e hereby agree Chat the sum oP �/lWpl{Ed� ,E/G/{1� �/CH7" � �0 <br /> Dollars ( ._�7� 5$8, �'Q. ) will be helcl in �ns�o. Account <br /> 110:/$2(i(o//3qL-0�►4;n /��._7"NTERsT�4T� ��}N� (hereinafter <br /> � � referred to as "Dank") wliose address is �/RSTZNT�Rs7�.4T� G'E/11TE� <br /> • SE�J7��E l�Uf� , q8/C�in I:lie name of^7'ffE .L'./7j' O� EI�EF'�T(" <br /> to assure perPormance oF the above-described improvements and guarantee that <br /> these funds w111 not be relcased witliout prlor wrltten approval from the <br /> City of Everett Public Vlorks Ucpartment (hereinafter referred to as <br /> "City"1. We agree tliat upon compleNon oF the installation oF the <br /> above-described improvements per City standards and approval by the City, <br /> the C1ty w111 provide written iioNce to tlic Bank authorizing the release of <br /> these funds. � Vle further agree that Niese funds will. be released to the City <br /> upon notice by Che City Chat the improvements have` not been installed per <br /> . City standards. � <br /> Provided further, however, thaC 1n Che event the above-described <br /> improvements are installed per C1ty sCandards •mid a cerCificate oF partlal <br /> compllance is slgned by the CiCy, tlien in that event, we are further <br /> instructed to i•elease progress paymenCs for the amount oF improvements <br /> installed per C1ty standards and approved by lhe City. lhe City shall have <br /> First clalm and prlority to lhe remaining balance of said sum <br /> 7lt/EN7Y :�E(/,EN 7No([SRNP � �/GNT �§f <br /> of y/LCN�RE/�r E�G/-�TY FIC3NT�"�dlol l ars f 27� �g. oo ). <br /> . , , <br /> . s/oo <br /> L� � ' � � S�a�L' . (v -29-%� <br /> I�i� .,,tt' L�� <br />