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._.�. . ..:,�..._. _ . -- . .. .. .. <br /> . � <br /> � Name oE Project: <br /> yf/E SroREffattSE AOCITdV <br /> Cons ruction Site Address: <br /> =.�/r�— S/:rii%:' <br /> Permit Reference: <br /> ASSIGTPfENC OF FUN0.5 T'0 THE CITY OF EVQ�IT <br /> For: (describe ii,.��rovements) <br /> APPRo X/ih.�TE�C Y �'D F�'ET OF �/L�E/.{i�q-�K _ <br /> Improvements to be installed per City sta�idards by g - 7p 19��. <br /> We l�ereby agree that the swn of $ /B�Q, °= will be held in Escrow <br /> Account No.O/ /003y/7Z in / �T/N�ER�i4TE BANf� (liereinaEter <br /> referred to as "Bank") in tlie name of /�/�L/e/j1, E�TE'P �hereinafter <br /> referred to as "Applicant") to assure perEormance of tl�e above-�escribed <br /> improvements and guarantee tl�at tliese funds will not be released witliout <br /> prior written approval from tlie City oP Everett PuUlic Works Department <br /> (hereinafter :eferred to as "City"). We agree that upon completion of the <br /> installation of the improvements per City standards and approval by tl�e <br /> • City, the City will provide written mtice to the IIank auChorizing the <br /> release oE these f�nids. We furtl�er agr'�e that tl�ese funds will be released <br /> to the Clty upon notice Uy the City that tl�e improvements have not been <br /> installed per City standards. <br /> Provided further, liowever, that in the event the above-described <br /> improvements are installed per City standards and a certificate of partial <br /> compliance is signed by the City, then in that event, we are further <br /> instructed to release progress payments for that amow�t oE improvements <br /> installed per City standards and approved Uy the City. 1he City shall have <br /> first claim and priority to tlie remaining Ualance oE said s�nn of <br /> � /O�, O0 . <br /> First I , N,p, <br /> Name o 11a�t <br /> � �; <br /> py; Jeff Montgomery/����`/� 1-j�1'�`'�`-;-- <br /> �p� Assist�n ce Presiden <br /> Address: p.o Ifox 1162 / 999 Thlr�i Avanun _ <br /> Seattle, SJA 98111 / 98104 <br /> 'Citle: �x'AJ President <br /> Telepl�one no. : (206 29z-;�^0 _ _ <br /> COIltaCt PeY50tt: Kathleen M'=avc� _ <br /> /�,r'/C-/ur! SEn'T %D C/Ti/ �'LC,Y,� <br /> / <br /> Page 1 of 2 <br />