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. . ih . . <br />� J. . . (', <br />i . <br />, 1 ' ' � <br />u <br />i <br />N�m� of ProJecSt <br />nrn�r.+nnd Mnnor Aaartments. Phnse 2 <br />Con�erualton SIN Addr��u <br />8�1 - 112tb S. E.. Everetc, Washiagton <br />8��21a9 re���L114 <br />�SSIOMAENT Of FUHDS TO TIIE CITY OF EYEIIFTf <br />For� Id�ecriDe i�nproremanbi <br />_ c....e� nnd tin(�.r Mn1nn innfall�tlo�l �_ <br />HaCet easemenG and perfocmauce guarantee <br />lmprorement� te b� In�lili�d p�r 61ty lA�nd��Jt by July ]1, �g90 , <br />Ne Mr�ey �pr�• Ilut th� sun of L?trty four thousund two hundred thirty <br />Oo11�n ( j74,230.00 � wlll e� i�o1J In Efcrow Pcceunt <br />No: 207-d702244 in U, 5. DANCORP N.OFTCACE C0. (��ertlneft�� <br />refa�nd to n"Bmk") �ho�s �ddree� 1� SS`� S. N. Oak Strcet. Plazn 5, <br />PortlPod. Or. 972Q41n tlu neMe of Brentvood Aesociates <br />to o�lUre ptrtorn�ne� of th� �bord-deearl0ed Impror�n�nt� �nJ puarantee N�t <br />ehn• tund� w�tl not e� nlw�J ntthout prlo� writton �npranl fraa the <br />C1ly o/ EYlY![t Pub11e Norkt OeD�rtnn;it (herehu /t�r r�/�rred to ae <br />"C1ty'1. Me �gra th�t upon completlon af th� Inst�ll�tlon of the <br />�bov�-d�teH�en tnprovemenl� par Clty Rtnn�ra+ ena �pprov�l by lh� City, <br />tM ttfy w111 pro��d� wrltt�n noLlce to tAe oenk �uehnrl:lnq tlio relen�e ef <br />theae fundi. H� furth�r �gra� dmt thefe MiJ� w111. b� niva�d to the Clty <br />upon noelc� hr th� Clty tlut th� impravem�nb h�v� no! b��n lnftalletl per <br />titr ft�ndtrd�. <br />�roVld�d Nrthv� IwNerer, th�t In th� �v�nt the eDove-d�1cr1EW <br />lmprann�nu �n in�t�IlaJ per tlty +unJ�rdi ■nd � artlficete of p�rN�l <br />canpll�nee H�1qneJ by the Clty, th�n In th�t �v�nt, ve �r� Nrtlur <br />Initruet�d to r�l�u� propre�e p�ym�nb for .th� �mount o/ ImproV��l�nl� <br />+attdl�0 O�r Clty �t�nd�rJf ond �ppro�aJ b� d�� Clty. fia Citr ih�ll h�w <br />I�r�t cIN� and prlorlty te th• ne�lnlnp b�tance o� utd sum <br />of '�irtp-four 'thousand tblLarsJ ='14_9'10.00 1. <br />ivo iun re [ i rty o a[s � <br />c.Z� b� tu<- ' ti' `- �'R sian <br />.� <br />C�-��-`�Ci <br />