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"City" shall mean the City of Everett, a municipal corporation of the State of Washington <br /> "Completion Date" shall mean that date occurring immediately after the expiration of the project <br /> duration (as defined by the contract for the public improvement), including any agreed <br /> extensions thereof. The initial Completion Date can be found at the top of the first page of this <br /> Agreement. <br /> "Contractor" shall mean the undersigned contractor. <br /> "Escrow Account" shall mean the escrow created by this Agreement. <br /> "Eligible Securities" are those bonds and securities identified in the paragraph entitled, Eligible <br /> Securities on page 1 above. <br /> "Retainage" shall mean moneys reserved by the City under the provisions of a public <br /> improvement contract. <br /> 11. Miscellaneous. With the possible exception of any agreement between the Bank and <br /> Contractor regarding amount and payment of fees, commissions and charges related to the <br /> Escrow Account, this document contains the entire agreement between the Bank, Contractor and <br /> the City with respect to this Escrow Account. This Agreement binds the assigns, successors, <br /> personal representatives and heirs of the parties hereto. Those persons executing this Agreement <br /> represent and warrant they are duly authorized to bind their principals to this Agreement and to <br /> execute this Agreement on their behalf. Venue for any dispute arising out of, or related to, this <br /> Agreement shall be Snohomish County, Washington. This Agreement shall be executed in <br /> triplicate, each of which shall be deemed to be an original. <br /> I <br /> I <br /> I <br /> I <br /> I <br /> 10023829 City of Everett Public Works July 2018 <br /> WPCF FEN Chlorination Building Upgrade Work Order 3614 <br /> RETAINAGE ESCROW AGREEMENT <br /> 00 61 25-3 Issue for Bid <br />