20140509143851965.pdfDate Posted
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Date Expires
Account N o. --
City ofl-dmonds
121 5"' Avenue Norlh - Edmonds WA 98020 (425) 771-0220 Fax (z125) 771-012'I
wams
Planning - 13milding - Engincering
1tEM01,1110N FRQZI.!',N FUND ACCX)UNT
E'dilionds Building Pffillit Nwilber BLA)201 ' 4 x_04
Prqject Address 7238 212"' St. SW Ekh I
Owi ier/De velope r/Conl ractor INC'
& ASS0QI&jJ-,',,1�' INC. [iclreitia fter referred to as "the Principal",
11WS SCCURXI BiJildfilg Permit No. Bl,D20 " I 4f3 ' 0/1 ill f-,"Ot4onn"ince With the provisions of the
Internallona] Budding or Residentia.1 Code to demolisha stn[CWA., 01' 01hCr improvernents at
'723,8 2 12St� SW ["durronds,WA.. 98026 within the City of'Edi,nonds, aind
WHERh,'A` , in order to provide SeCLil'ity F(A- 1110 obligations Ofthe PdKil)81 Under the l"I'dawnds
Developmetit Code Chapter 1. 1.00.0:10 in dic course ofqaid demolition not tcn exceed 180
I
c,alendnr days fi-om the issuance ofsaid.Buikling P(,mliit by the, City (A Fdnionds, hereirvillcr reked
rr
to as "the (,,,i[Y" and to cri'able 1he (..ity ail F-,' to Secure ("orripichon of saif] obligations, inchiding
sitcand public irnprovenient restoration, site and street clean. -up and final site gradjnf„
NOW THA'R1,,'F01?A, fl -Os Forin will ccrtif� that iffis institution
Q1jAS1-,' BANK licrein referred to as "flic hisfitution" has as savings
8.CCOLIJAV10all or other SCCUrily f'or the above-l-cferenced developer Ibr the p rqject so identified. The
Institution hcivby agr=., that it will freeze and hold the fbIlowitig surns of ivioaccy for the Indicated
dernolitlon work pejOing written cUlthorization lbr release ot'said funds by the Cfty ofl-Ammids, inihe,
amount of' $_..._._J 0,(300.90-
1) In the event 11fie demolition I)WITHR(I'd Um:kr the above reR-."rcncf,'d biAlding pert-nitiscot (;ornpletcd
j . n accordance, with he l'.)rovisioris ol'the applicable Buflding C.ode aiui (A-dinances of thc City of
Ech-nonds within a period of - - 180 calejidar clays from the, carte;of issuancef
othe building
perrrdt. The finallei"d institution Shall, upon dernand. oftl'ic, C11y and ffic, WCUI-e, fllc n0ttd
de,k-xts wifliin as reasonable ain(AMt OI'0111C cis detern'tined and specitied by [he City, rernit payment
to the (,ity Within [0r1 (10) clays of tv."cipt said Funds so Oiat the dcmofitioin and sitc,work be
completed to (I I 'ity standards. The instihiholl sh"'111 11ol be fiable lo the owner lIor any dis[mrscinent
of sand Funds to Hic ("fly of FlAnonds.
2) Ifthc Principal Fails to Curc "'I'lly defect within dicc tjinc° period specified by the Oty, the City's
clnployec�,, "ind gag enis al -c [Wreby autholiz("x] to en -ter into said prq:)erty and perform said work, This
provision shall jiot [)c consfi-LI(A as creating, im oblijyadon of) the 1), rt of City Or its
City (WE'dimads Derriolition l rozej� Fund Accoulit
page 'Two
3) 111 the event aiiy lawsuit is irrsfituted by the City of.'E'dmonds, the Priticit),d or the IIIStiftld0l) W
the tcti-m ofthis bmid or to deterriiffie the rights of my party hereut-Oer, the prevailiog party 41
fifigatioti shall be etikided to recover frwii the Josirig parly its ts COStS, IIICIUdiiig reasoijable
attormys' 1ees, imurred as a I'CSLdt 01"sUCII h-MAdt.
DATFI) [his c d,ry r
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Fillaircial histiluti(M txM
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)ITicer/Tifle Pritit Naryie
5 wA� 9h'03-1
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Address/1"horie Addrcss/Phoiie
Accoutit Nmiiber
1-11NANCIAL INSTITUT10N ACKNOWLEDGEMENT
..........
I'ATF' 0 F W A S I I 1114 ( H'ON)
M
CUIJ NTY OF
Assex; dN,
On th"', day of' P N � Won
wl, . , r1le, the 1,111dersipe'd
l, ',,I
_A I,
I -
Notary Public, M arid for the Mate of'Washirigtori, duly covrrrfiissloticd wO sworti., persotially appeared
to iin,,, knowo to be the
..... . .. ....... .. . . -, tht. iwititutioti thit (I'NLC(I"ttt:cd the roregoill),; itistrutylemt,
I�or
ati -ee ajid volujiun, act atid deed ofsaid corporatioi�,,
d adtamlcdged the said iiistrunieffl. to be the 11 Y
the uses �,md, purpos'es l.herchi ineutiotied, wid oti oath stated tha�:W,,Is
s
,,IUth()IJZCd 1,0 CMCute said iiistrtimew and the seul affxcd is the corporak� scall of s,,dd imtift,itjofl.
WHIC-11,'SS iriy ha.iid and oHicial scd hereto affixed the dayatid year first abov(, wrItICI),
NOTA R Y 1) U B L, l C i r i and For, the Sta I c, oil'
Notary Public Washington, rc,,sidhij:; a( ".7, ,
mc, 0
State of Washington
FOOD, WARSAW
My Appointment Expires Dee 8, 2015
(Sky of Wknonds Denwhdon Men Fund Acem"it
Baa ge'llree
DEN.K1110111 ACANO%V[�,L !, EVIE,114,'
SIATI, () F W A S I I I N CiTO N
HS.
C101-NTY OF
Oil thisffl(;, the Under-signed,
day of I)Cf"Or('
as Notary Public I and for the State of Washington, (Ittly contn'tissioned and sworn, persomally
apl,w,tred torricknownhAethe J)AINWIL of.
t1wgeneral partnership that ex(,,,cWcd the foregoing
imowmenL and acknoWedged the W imb-mlient to be the 1'ree and voluntary act and cked of Ad
partnership, fix, the toes and purposes thereia mentioned, and on oath slatcd that
C, was authorized to execute said instrullient.
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my harld and offici,,-fl seal fiereto affixed the dayand year First above written,
Abaft d6 94% AN A dNmdb... dbwdbwdffb6. AN 46
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NoMlaq PuWIc
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tate of Washington
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ODDINARSAW
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Inti'agr�t xPive oe(� -
[my Aqppoohmm EMNI MC 8%, 200115
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'a,,'d' il(.,)"r, t11�-State of,
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