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��1 I4N ���1lT CC��%G� • <br /> (N I �Z� Z.4 VS- � �'� 5-�- I <br /> . � <br /> � 'a1 <br /> ,�� <br /> —,�_J v '�t� GL�� <br /> Nnme of Project <br /> :� c�rr � U S 11��� Si <br /> `� Construction Site Address: <br /> Perniit Reference: <br /> ASSIGNML'N'1'OP Pt�NDS 'C� TF]G CI'fY OP EV�RLTT <br /> Por. (dcscribc impro��emcnts) <br /> � 1 <br /> L,U/'_� f �'�J ?T���� Gt✓1✓� �/9r1 rti/ �j <br /> Impmvemenls lo be installed per City slandards by � U�7 ___ <br /> Wc hcreby agrcc that lhc sum of 17 ��uU __ Dollars <br /> ($ ) will bc hcid in L'scrow Account No. ����_in <br /> �K r' � � (hcrcinaftcr referred to as "Bank") ���hose address is <br /> _ �� �°� ��� -�'.a2 7, [�- e)�ilt°�15 ���i��e name of <br /> �S .L � /� to assure performance of the <br /> abovc-described improvemenis and guarantce thal these fimds will not bc re(cased widiout prior <br /> writtcn approval from Qie Citp of Lverett PuUlic Works Deparimenl (hcreinafter referred to as <br /> "City"). We agrce tlmt upon cor.u;letin7 of thc installation oPthe aUove-described improvements <br /> per City standards and approvnl Uy tlic City, the City will provide written notice to the Bnnk <br /> authorizing thc rcicase of these funds. �ye further agree that these funds will be released to tlie <br /> City upon notice U1' lhe City ihat the improvements hn��e not been inst111ed per City standards. <br /> Provided iurti��r, ho���e��er, that in Uie cvent thc abo��e-dcscribed improvements are installed per <br /> City standards and a certiiicatc of partial complivue is singed Uy the City, then itt U�at event, we <br /> arc [urthcr instructed to release progress pa}'ntents for thc amount of improvcments installed per <br /> City standard and approved by the Cit}'. The City shall have first claim nnd priority to the <br /> remaining balance of'said s,un of .) c;�yi f l�:l J���/� Dollazs <br /> ($—� d� w — ). <br /> Assignment of Punds, Pagc I oE 3 <br />