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Section One: Recitnls
<br />1.1. '1'hc undcrsigncJ is (arc) thc (ir.mtorCo��enan�odo��ncr(s) ol ur has (ha��c) a substantial intcrest in thc ��aluc,
<br />usc, cnjoymcnt, anJ occupalion of �hc nal propcny dcscribcd abovc ("Propcny");
<br />11. 'fhc GrantcrlCovcnantcc, ihc Ciry o( G�rrctt (City) has a substanual intcrest in �hc clTectivc and safc usc of
<br />Imids within its borJcrs, and in thc hcalth, safcty, and �vclfarc of ils citizcns;
<br />1.3. "1'hc Pivperty is lucalcd in �n cnvirnnmcntally scnsiti��c arca more spccifically dc�incd as a"gcolugicalh�
<br />hazarduus arc:i' in Chaptcr 1937 ol'thc Iivcrctt �lunicip:d Codc:
<br />IA. "(icologically hazardnus arc�s" arc knu�cn by lhc City �nJ undcrsigncd to bc subjcct �o ImiJslidcs �nd uthcr
<br />sails movcmcnt Ihat may result in thc J.miagc or dain�ction, in ��'holc or in part, of any building, structurc,
<br />d���clling, or lands within or adjaccnt lu such arcas;
<br />L5. 'I'his Corcnanl is m bc signcd, acknowlcdgcd and recordcd in thc rccords of SnoBomish Counry as a restrictivc
<br />coccnant, rcstricting and IimiNng usc of gcubgic-Ily Lazardous property bcfon: Ihc City will issuc any Pcnnil(s) lo
<br />Jo any work on property �vithin a"gculogicnll}' h:¢�rdous arca"; and
<br />Lfi. l'his Convcnanl conccros thc CovcnantudGranturs usc, uccupalion or cnjo}�mcnl ul thc P�operty and benclits
<br />ihc Ciry as CovcnanicclGraNcc.'I'his Corcnanl is intcndcd to bind succcssors and assigns and run �vith ihc land.
<br />Section T�ro: Rcst ictions on Occunation, Use, and Devclopmcnt of thc
<br />Proper[V
<br />2.i. 'I'he Property may not be occupicd, used or devcloped, and no resiJemial or commercial building, stmclure, or
<br />Ju�clling shall hc crcacd or constn�ctcd on thc 1'ropci ty, without firsl obtaining ihc Pcrtnit(s) Gom thc City.
<br />2.2. Thc City ���ill not issuc any 1'cnnit(s) ro Ouncr o� Property unless and until Ouncr signs a contrattual
<br />agrcemcnt (.\grccmcnt) �cith thc Ciry cxprcssly providing thac
<br />2Z.1. Oaners(s) anJ hivher (thcir) hcir(s), successor(s). Icgal representative(s) and assign(s) shall proviJe,
<br />Jcsign, construct, crcc6 maimain, rcpair, rebuild, or impro��c such slrucWrc(s), builJing(s), barricrs(s), or
<br />d�vclling(s) as is reasonably necesviry tu pro��em, rnnirol or acoid damage I'rom the aJversc impacts from soils
<br />mo��cmcnt �rithin or adjaccnt to thc Property, u�hethcr causcd by Oancrs(s) and his9icr (thcir) hcir(s), succc,sor(s),
<br />Icgal representati�'e(s), and assign(s) or otherwise, I'or the cominucd tuc and enjoyment of the Properq�;
<br />2.: �. It is �hc solc burdcn and responsibiliry of O�+ncrs(s) and hivhcr (thcir) hcir(s), succassor(s), Icg:d
<br />represcntative(s) and assign(s) to ubtain, ensure, and fund any design, approval, autlmriz2tion, material, supplies,
<br />labor, scrvices, maintenance, rep�irs, stnictuml alierations, insurance, mxes, or assessments nece,sary or rcyuireJ to
<br />prcrcn4 control or avoid damagc from thc adccrsc impacls from sails muccmcnl �rithin or adjaccnt to Ihc Property;
<br />21.7. In considcralion of lhc issuancc of ihc Pcrntit(s), O�vncr(s) on hivhcr Qhcir) o��n behalf aud on
<br />behalf of his�her (thcir) heirs, suceessors. Ie6al represeniatices, and as,igns hemby releues ancl ���aives any right to
<br />os>crt any claim or coursc oP action rclaled to any loss or damagc to pcoplc or properly cithcr un ur o(f �hc Property
<br />rcstdting itom soils mocement 6y rcason of or arising out of issuanee oPdie Pennii(s) by the City for decelopment
<br />un Ihc Pruperty w�d :icrccs lu indcmnify (including rcusunablc �llornc�'s liu) �I1lI IIOItI U1L` City, its u(�iccrs,
<br />cmployces and agcn�s harnilcss Gum a'iy claim(s) or courscs of action rclatcd �o any loss ur damagc to pcople or
<br />property cithcr on ur oft'thc Prapcny resuhing from soils muecmcnt by nason of or arising out of issuancc of thc
<br />�����n�i��� ro� d����i���„��i �„ �no i�ro��ny; PruviJcd. nothing hcrcin shall rcyuirc Ihc Ot�ner(s) and his4icr (lhcir)
<br />hcirs, succcssors, Icgal rcpresentati��cs, anci assigns to indcmnify and Imld hannlcsti thc Ciq�, its o0iccrs, agcnis and
<br />cmployccs Gom claitn� or courscs a(action � auscd ,olcly by thc ncgligcncc of thc Ci�y, its of(iccr, emplo��cc, and
<br />agcros, and proridcd liirthcr, that if Ihc claims ar courscs of aclion arc causcd by or result from thc concurrent
<br />ncgliguncc of (I) thc O��ncr(s), his�hcr(Ihcir) hcirs, .ucccssors, assigns and agcnts, and (2) Ihc City, its officeq
<br />aecnis and empluyecs, thc inJcmniry provisions procided hcrcin shall be valid and cnforceable only to the estent
<br />prorided by law; and
<br />21A. O�cncrs(s) andlor hiv4�cr (thcir) Bcir(s), tiucccssor(s), Icgal represcntativc(s) and assign(s) �cill
<br />infonn hivhcr (thcir) hcirs, sucecssors, Icgal rcpresentativcs, anJ assigns thal thc Property is in a gcolugically
<br />h:vardous arca. ihat thcrc may hc actual or potcnti:d risks associ�tcd ���ith Jccclopmcnt thcreon, of any conditions or
<br />pruhihitions nn dc�clnpmcnL .md of any fc:uurc, in this dcsign ahich �cill rcquirc �a:�intenancc ur modification to
<br />address anticipa�cd suils chungcc.
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