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. �� ��� ���- <br /> Name of:'roject <br /> ,,,� � E/7' z-�I U S 1 l i 1i- S-t <br /> �`'���� Coasln�ction Site Address: � <br /> p� a�� �� - c�y � <br /> Permil Reference: <br /> ����'� V <br /> ASSIGNM6N7' OP I'UNDS TO "I'IIL CPI'Y OP �VC ; � �V L � <br /> �N <br /> Por: (describe improvements) ���' � u�ja,(,�Gd <br /> , C,vY' � � ��v i T���� <r�� ��v,n.l�� �,��,,.�GO-...�.� GR�TT <br /> Cp�i�c wotK�ept, <br /> Lnprovcmcnts to bc installed per City stnndards by � U 7 ___ <br /> Nc hcreby agrec thal ihc swn of�_L�ob __ Duilars <br /> (9� _) ���ill bc held in I:scrmc ��ccount No. I�% ��'C�a ,��rv in <br /> ��T-t✓' � � (hcrcinaRer referred to as "Bank"��5�address is <br /> �O f ��daa lP_���_����7� � ���tJP/ �, in the name of <br /> ___�S � l�lna�_'�JC to assure perfunnance of tlic <br /> --�- <br /> aUo��c-dcscribed impro��cments and guarantce that tliese funds wiil not bc rekasccl ���ithoi�l prior <br /> writtcn appro��al fro�n th� Cily of Gverett Public ��'orhs Dcpartment (hcrcina(ler referred lo as <br /> "City"). �'��e agree ihat upon complction of thc iustallation of tLe aUove-descriUed impruvcments <br /> per Cit}• standards and approval by tlic City, ihe City will provide written notice to the 13mik <br /> auQwrizing thc relcase of these fimds. We fiirQicr agrec tl�nt Uicsc fitnds will be released to the <br /> City �ipon noticc by the City tl�at tlic impro��cinents have not been ins�alled per City standards. <br /> Provided rurther, howet�er, th�t in tlre event tlie aUove-described iruprovements are installed per <br /> City staudards and a certificatc of partial compli�u�ce is singed U}� tlre City, tlien in that eaent, t��e <br /> arc furA�x instructed to release progress payments for the vnount of improvements i�istalled per <br /> City standard m�d appro��ed by the City. Thc City shall have first claim a��d priority to the <br /> remaining balai�cc of said sum of_��� (lfJJ Jr4✓i/� Doll�u•s <br />� — <br /> (9� _ - d us ). <br /> 1lssignmen� of I�unds, Pagc 1 of 3 <br />