7220 RAINIER DR 2018-01-01 MF Import

, � i � �� v �+�! � G G� ` Name of Projec '- �'-��..;° _' _ 7a�v %-��Gr Qr _ +�`� Construction Site Address: ��-' , 6'V O �S - d3 � '� � ' Pemiit Reference: ..•�;`,�(`.f'.�'�`_,;� . ,1�'` ` • MO'1,.. `rASSICi��1ENT OP �UNDS TO"1'HL CITY OF GVL'RI:TT 1=or. (dcscribc improvcmcnts) • i ` '/ . ' . . . �` j ^� IJ�� .' 4/ �1!'�Il i; • ;� � � J�i � •f' 1/L7/�it�� ._In:j/l a ! r Improvcmcnis to bc installcd per City standards b} ��,� • Wc hereby agrec that the sum of (� �� '�' r a�:C•�� S�' ` � � �`�� ' �+��ollars ($ " ' � � ) will b� held in Gscrow Account Nu.� ?�3(1��-13 in l�j.� l��lp�-1rL �� Y� (hcrcinaRer referred to as"Bank"� whose address is \(�\ 'StLcFC ��--• m(��lS� t��r ��fl i;i the namc of �^ c \-S, ^� ��AV�� 11 � C'n��A� �� f��.-- l .L. L_ - to assure perf�rniance of the above-describcd improvements and gua:antec that these funds will not bc released without prior writtcn approval Gom thc Cily of Gvcrctt Public Works Departmcnt (hereinafter referrcd to as "City"). We agrce that upon complction ot�lhc installation ofthe above-described improvcments per Cily standards and approval by thc City, thc City will provide written notice to the Bank authorizing thc rcicasc of thesc funds. N'c fiirthcr.�gree ihat thcsc funds will bc released to thc City upon noticc by thc Ciry that thc improvcmcnts havc not b��cn installed per Ciry st�3ndards. Providcd f'urther, however, that in thc cvent the abo��c-dcscribed improvements are installed per City standards and a certiticate of partial campliancc is singcd by the City, then in tha[event, we arc furthcr instrucicd lo releasc progress paymcnts for the amount of improvcmcnts installed per City standarJ and approved hy the City. 'fhe City shnll have first cl��im and priority to the rcmaining balancc of saiJ smn of `j =�'�� _ Dollars ($ ��__'�—�_ l. As�iFnmcnt of Funds, PaGc 1 of 3