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Const.Site Address: <br /> 10110 Everereen Wav <br /> Permit Reference: <br /> 81/90 <br /> SET- ASIDG LETTER �141'71'tiY/yCC'r�l�y� <br /> �si.5L9l�•�le>J4a�� �� <br /> i N l�t,J!„1„ I� <br /> Cily tingincer <br /> City o[ Everett � FE0 Q 7 19�4 � <br /> a200 Cedar Street � <br /> Evcre'l, 1VA 98201 � <br /> �CITY�CF�VERE7'1'� � <br /> Re: Puolic 1Vorks Permit No. 81/90 PUb110 WOIk/ Dlpt. G <br /> Site Address: 10110 Everereen aav _ � <br /> Denr Sir: n� <br /> \ <br /> �li <br /> This lettCl' �5 to Ceftl[y thut 6en Sessions and Family Fi[ness Cen[er � N <br /> (Name of Developer) �� <br /> 10130 Evcr reen Wa (hereinnfter referred to ns �l <br /> Address R <br /> "Deve]opeP') has the amount ot 5 1t+elve IWndred Dollars and no/100----- � <br /> Dollars (51,200.00------) avnilnble in the Colby brench of <br /> City Bank (heretnntter re[erred to as "Dnnk") as <br /> pnyment guarnntee [or the n pertormnnce J_7 wnrranty pursunnt to: . <br /> n Title 18, Everett Municipnl Code (Subdivisions) (ns it is or is <br /> heren[ter amended). <br /> /� Ordinnnce No. 517-78 (Short Plats) (us it is or is herenfter <br /> nmended). <br /> n Ordinnnce No. 555-78 (Streel Improvements) (as it is or is <br /> hereefter nmended). <br /> /� Ordinance No. 514-78 (Drainage) (ns it is or is hercaCter <br /> nmended). <br /> ,� Other: Guaran[ee completion of the parking lot and all <br /> incidental improvements per [he approved pluns prior [o <br /> Mny 31, 1982. <br /> Tlie eccount number of seid Banl.nccount is 6210-000011 <br /> Dunk hereby ngrees to poy to the City o[ Evcrett upon ten (10) tiays notice the <br /> nmount of 5 1,200.00------ ; provided, thnl the City shnll providc the �onk with <br /> both ;n n[fiduvit o[ m�tling showing thnt it sent to Developer by mnil at above <br /> oddress nt lr.ns[ fivc (5) doys prior to its notice to Bank nnd an at[idavit of <br /> nomcompliunce showing thnt the Developen c�s not complied with the require- <br /> mente of the above-steted code or ordinance. <br /> Dunk hereby ngrees thnt it any tee is charged tor muintnining said acwunt pursuant <br /> [o lhis Agreement, it shnll be the sole responsibflity of the Developer. � <br /> The ❑unk Nrther agrees thnt ell assignments, relenses, signntures necessnry to <br /> trunsfersoid�1,200.00------ to the City of Svereit h¢ve been obteined. <br /> The �nnk turther ngrees to hold s�id $ 1,200.00---for n period oC not less tlian <br /> 1 yeer(s) beginning' 2/b/82 . Said nmount shnll be <br /> retufned by the �enk until [hc Bark has received n written relensr trom the City <br /> Engincer oC the City o[Bveret[. <br /> Aate: February 8, 1982 Oity Bank Colbv Office <br /> Nnme of Benk or Savfngs h Lunnr— <br /> BY'• �- ,:t �� L <br /> Title: V.P, & Mar„ <br /> Telephone No. 745-2256/2582751 <br /> rontnc: P�rson: goherr. nuF��� <br />