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UHERE45, P�inc.Va� has a5reed to anstruct Uhe follo+ing improvnments <br /> in Lr.e Clty of Ever���tt, Sta:e of Nashin,[on: -- <br /> CITY OF EVEAE <br /> FOR SILVER LARE - <br /> 4.2 MC ItESiRVO1R 6 PIMP STASION � ' <br /> ; and <br /> 41NEREAS, Princtpal ha.s agreed �ta construct the improvements at the <br /> fo�loHin9 locatlon whtch 1s located in the Lity of Everett. County of <br /> Snohamish, State of Weshtngton, and 15 descrlDed as fotlows: <br /> CITY OF 'VEREYT <br /> SILVER LAKE PROJECS II87-5� <br /> ; and <br /> NHEREAS, the City is requtring the PrTncipal to provide a bond <br /> guaranteeing the constructlon of satd inprove�nents. <br /> NOH, THEREPORE, THE CONGITION OF TH!5 09LIGATION IS SUCH, Lhat ff the <br /> said °rincipal shell cons:ruct, or have constructsd, on or before the 44Tx <br /> day Of ��UARY , 195, or at such eerlier date when reauested to do <br /> so by the City, the tmprove�en:s herein descr�bed in accordance with <br /> approved plans anA in con`ornante with Ci:y .andard speciffcations, lo the <br /> s!•.israction of the City Engineer, and she11 save the City harnlezs fron any <br /> loss, cost or damage by retsan of Tcs fr,ilv e to coRpiete said tmprovements, <br /> then thit obltgatton shall be nvll ard vaid; otherwise to remain Tn full <br /> iorce and effect. <br /> In the event che C1ry is re;uirtd to instttute litigation to oDtain <br /> performnnce pursurnt to tMs bond. PrinciDal and Surty aoree to pay n11 <br /> reasonable attorney's fees and c�s:s wM ch are :ncurred by the City. <br /> SIGNED, SE4:ED and UE:IYERE� this 2urx aay of FEBRUAFY � 19�.� <br /> HORyu'�NS o ��TI OUP �� <br /> l �� flercvell A. Burnett <br /> HAATTOR➢ FIRE INSURANCE COMPARY <br /> � �NTTIf WA 9fl114 <br /> 1 nr i / <br /> 2 lL.�cs"'�'/C`.'i <br />' — � ' r I 1 <br /> ,JO EPH D. BUCHANAB <br /> (30881 � iORNlY 1N FACT <br /> ' Forn 6/89 <br />