20140714135114938.pdf121 5" AVENUE NORTH EDMONDS, WA 98020 425-771-0220 FAX 425-771-0221
PUBLIC WORKS DEPARTMENT
Engineering Division
104=11MG
Improvements to be
complete by AA46,Ll
C
Edmonds Subdivision/Plat/Permit No. —PLO _1WA_n9__
Project Name CoL, r4-
4-1,
Project Address 2147-v 92::-,Av
e,�,/ v,/ -A ot to z- v
Owner/Developer/Contract,
Improvements Bonded For
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With reference to the above -identified matter, this will certify that this institution has a savings
account (or loan) for the above -referenced developer for the project so identified. In consideration of the
permitted development of the property, and in lieu of a performance bond, this institution hereby agrees
that it will freeze the sums of money for the indicated site improvements pending written authorization for
release of said funds by the City of Edmonds in the amount of $
The total sum indicated will be withheld by this institution from any disbursements of any kind until
written authorization has been received by the institution from the City of Edmonds to release the sum of
money indicated by the written authorization from the City.
The design, location, materials and other specifications for the indicated site improvements are those
required by the City of Edmonds as appear in the above -referenced Edmonds file and in compliance with
Chapter 17.10 ECDC of said City.
In the event the owner eveloper/contractor fails to complete the indicated improvements within
weeks/ onths the City of Edmonds may demand, and the institution shall make, payment
to the City of said turn, 'that the improvements can be installed or completed immediately to City
standards. The institution shall not be liable to the owner for any disbursement of said funds to the City
of Edmonds.
It is hereby specifically agreed by and bet -ween the parties hereto that in the event that any legal action
must be taken to enforce the provisions of this bond or to collect said bond, that the prevailing party shall
be entitled to collect its cost and reasonable attorneys' fees as a part of the reasonable costs of securing
the obligation hereunder. In the event of settlement or resolution of these issues, prior to the filing of any
suite, the actual costs incurred by the City, including reasonable attorneys' fees, shall be considered a part
of the obligation hereunder secured. Said costs and reasonable legal fees shall be recoverable by the
prevailing part),, not only from the proceeds of this bond, but also over and above said body as a part of
any recovery in any Judicial procceding, in addition to recovery of the bond.
City of Edmonds
Performance Bond — Frozen Fund
Page 2
APPROVED: bide Vin-ArLS �tAG
NAME OF FINANCIAL INSTITUTION OVvNER/DEVELOPER/CONTRACTOR
i
OFFICER SIGNATURE TITLE S11NATWE OF ABOVE
INSTITUTION MAILING ADDRESS MAILING ADDRESS
in,>, ,:"j'A 9 kg to—o.js WA Cjgoy-o
CITY/STATE/ZIP CITY/STATE/ZIP
ACCEPTED: Z—
_ .
t
HONE ETDS
33 000 81 V3 9 -14 , 1-gi
ACCOUNT NUMBER DATE
STATE OF WASHINGTON)
ss
COUNTY OF )
On this day of 20 1 before me, the
undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn,
personally appeared i
to me known to be the �' eV 0J-'—
11 Title
of t`` � \1ev-\'AJr-eS the corporation that executed the foregoing
instrument,
Name of Firm
and acknowledged the said instrument to be the free and voluntary act and deed of said
corporation, for the uses and purposes therein mentioned, and on oath stated that
\"\e- was authorized to execute said instrument and that the seal affixed is the corporate seal of
said corporation.
WITNESS my hand and official seal hereto affixed the day and year first above written.
Notary Public
State of Washington NOTARY PUBLIC in and for the
TODD WARSAW
My Appointment Expires Dec ®, 2015 State of Washington, residing at
OWNER/DEVELOPER/CONTRACTOR
Perf.Froz. With Letterhead-r.6.12.doc
Revised 09/96
City of Edmonds
Performance Bond — Frozen Fund
Page 3
STATE OF WASHINGTON)
ss
COUNTY OF
On this -Lq-1 day of 20 before me, the undersigned, a Notary
Public in and for the State of Washington, duly commissioned and sworn, personally appeared 7-JAC,,� 44p`-\
tome known tobe the of 0 r ,A e- Ve'r)-urc � �1- C—
TITLE PARTNERSHIP/CORPORATION
the (partnership/corporation) that executed the foregoing instrument, and acknowledged the said
instrument to be the free and voluntary act and deed of said corporation, for the uses and
purposes therein mentioned, and on oath stated that _k1c'—was authorized to execute said
instrument and that the seal affixed is the corporate seal of said corporation.
WITNESS my hand and official seal hereto affixed the day and year -first above written.
Notary Public
State of Washington
TODD WARSAW
My Appointment Expires Dec 8, 2015
1 Appoint KI
NOTARY PUBLIC in and for the
State of Washington, residing at
L: Smuv')ks
Perffroz. W ith Letterhead-1.6.12.doc
Revised 09/96