11608 SILVER WAY 2016-01-01 MF Import

permits or other permits required by state, county and City govemmental departments, including �vithout limitation the State Department of Ecology, Snohomish County Public Works Department, Snohomish County Planning and Development Services Department, Snohomish County Boundary Review Board and the City's Public Work's Department. 7. Costs. The Owner shall pay all costs of designing, engineering and constructing the Extension and all costs incurred by the City in reviewing plans for and inspecting construction of the Extension. The Owner shall bear the risk of loss for or damage to all finished or pariially finished work on the Gxtension until the Extension is accepted by the City. R. Connection Cl�arges. 7�he Owner agrees to pay: (a) connection charges for water and fot sewer at tlie rate schedules applicable at the time the Owner connects the Property to the City System; and (b) any field costs of the City, which shall be charged at time and materials plus 1540 overhead. 9. Servicc Charges. In addition to the co�mection chazges, the O�imer agrees to pay for utility service rendered by the City in accordance with rates charged that are uniform for the class of customer or scrvice supplied, as such rates exist or as they may be hereafter amended or modificd, together with any utility taxes Ievied from time to time. The Owner acknowledges that scrvicc chargcs may consist of b�se charges as well as charges determined in accordance with thc Icvcl of servicc providcd. 10. Annexation. This Agreement constitutes an irrevocable noticc to thc City of intention to commence annexation procedures. The Owner waives all applicable time rcquircments that rcqui�� the City Council to meet within a prescribcd time afier receipt of this notice to decide whethcr the City will accept the Property for annexation. The Owncr ackno�vledgcs that thc conscqucnces of annexation of the Property to the Cit, will include but not bc limited to: A. Snohomish County ordinances, resolutions, rules and regulations aPPlicablc to unincarporated areas �vill generally cease to apply to the Properly upon the effective date oF annexation; 13. City ordinances, resolutions, rules and regulations will begin to apply to the Property upon the effectivc date of annea�ation; C. Govemmental serviccs, such as police a��d fire, may be provided anci/or madc availablc ro Uie Property by the City upon thc effective date of anncxation; D. Thc Property may be rcyuired to assume a portion of the existing City indebtedness, and property tax rales and assessments applicable to the - Z - �ro;vae]oJ ��