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� �a�a�� � <br />��1 Ri F:lLL L <br />11 � <br />.. . . .i�� la.'� . <br />CI7Y OF E�IE�tTT <br />Pu4!ic Works Deqt. <br />�n L, eu oE s2a� s ysteM <br />imPro vtrn,u�l*� . <br />JJ' %O U ��4�t uiA`1 �jGs <br />Name of Project <br />g 3qov �a, lu;at,� c�vz <br />Construction Site Address: <br />Permit Reference: <br />ASSIGNMENT OF FUNDS TO THE CITY OF EVERETT <br />For: (describe improvements) <br />/ °lC.�?-.� � C�Gr7� �u.v7� /� SS' �Gi✓�6�,,G <br />Improvements to be installed per City standards by / <br />F F�?r'l! f��ri5�l.Jqi fil^� hunilYu� a'� Hi� tl�rJcic�rr�,n ��'lioU �lnfn <br />We hereby a¢ree that the sum of_ / s •Z �� _� Dollars <br />(� 1'� , ��� ���� ) will be held in Escrow Account No. I UO 4U I"1 �y 1 in <br />�W-`'�11,� ��M"�Ul�i � ihU'i� (hereinafter referred to as `Banl:") whose address is <br />?'3 � l l�Cl bU �J'L EVZT�I.�--i' j,�.�-' �l`3'(:1 in the r.ame of <br />��I.'LrE f�'L'�'!-r nt�' ��� . to assure performance of the <br />above-described improvements and guarantee that these funds will not be released �eithout prior <br />«ritten approval from the City of Everett Public �Vorks Department (hereinaRer reterred to as <br />"Ciry"). We agree that upon completion of the installation of the above-described improvemen�s <br />per City standards and approval bp the City, the City «•ili provide written notice to the Banl: <br />au,horizing the release of there funds. W'e fiirther aeree that these funds will be released to the <br />City upon notice by the Cin� that the impro�•ements hn� e not been installed per City standards. <br />Provided further, ho��ever. that in the e�ent the abo�•e-described impro�entents are installed per <br />City standards and a certiYicate of partial compliance is sinced by the City, th.n in that event. �ve <br />are further instructed to release procress pa}•ments for the amount of impra�•ements installed per <br />Ciry standard and approved b�• the Cit}•. The Cin� shall have tirst claim and priorit}� to the <br />remainine balance of �aid sum of h Ff��'n ����u'� ?w-� h«/1;�'�-�.�JS�t%' �Jt��ti' Dollars <br />(5 I'� ��15�. �`�' ). <br />1ssi�mmcnc of Funds, P:igc I o[ � <br />