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23609 74 AVE W-PERFORMANCE BOND.pdf06/25/2007 10:05 4257746315 VIKING PROPERTIES PAGE 04/06 Date Bnnd Pasted 6710-10 7 Date Bond Expires? / 12 / 0 9 Bond Ntttnhar 5 7 9 4 2 0 5 City of Edmonds 121 5'b Avenuc North • Edmonds - WA 98020 - (425) 771.0220 Fax (425) 771-0221 Website: www.ci.cdMonds.wa;us'r °''a��" w 0y DEVELOPMENT SERVICES DEPARTMENT Planning • Building - Engineering . �l - ' tr w z tiLIN-00TIUMM Edmonds Building Pe k No. T -2 Q 0 6 0 0 0 3 0 -10 8 31 Project Address 23609 74th Ave W, Edmonds, WA Developer/towner -a i c S u n d I- u i s t WIiCREAS, Eric .. Sundquist , hereinafter referred to as "the Principal", has applied to the City of Edmonds, herlinafter referred to as "the City", to construct the project known Sind,1e Futnil'esidence on a site located at,'" 3609- 7 4th Ave W mm � within the City of Edmonds, and WHEREAS, the City approved the requested action and, WHEREAS, the approval granted by the City and the provisions of the Edmonds .Development Code require certain improvements to be made in connection with construction of the project, and whereas the improvements are shown on. the approved site plan and other required plans and are further defined by the conditions identified in the City file, Indemni-ty Oomi.)any NOW, THEREFORE, the undersigned Principal and bonding company, a a corporation authorized to transact surety business in the State of Washington, .hereinafter referred to as "the Surety", agree and bind themselves, their heirs, executors, administrators and assigns, unto the Cityin thesumof $24,109.00 S $24, 109.00 lawful money of the United States, according to the following terms and conditions: 1) If the Principal does not complete all improvements required by the above -referenced conditions, plans, and file within 24 months (not to exceed 24 months), then the Surety shall, upon the demand of the City, remit to the City within ten (10) days of receipt of said demand the amount of this bond or such lesser amount as may be specified in the demand. 2) !n the event the Principal fails to complete all of the above referenced improvements within the time period specified by the City, its employees and agents shall have the right at their sole election to enter onto said property described above for the purpose of completing the improvements. This provision shall not be construed as creating an obligation. on the part of the City or its representatives to complete such improvements. 3) In the event any lawsuit is instituted by the City of Edmonds, the Pr. incipal or the Surely to enforce the terns of this bond or to determine the rights of any party hereunder, the prevailing party in such litigation shall be entitled to recover from the losing party its costs, including reasonable attorneys' fees, incurred as a result of such lawsuit. 4 I L:11'BMP%U 1 LDiNGWORMS)BONDPerforntancBonding-D0005/04 0i!25/2007 10:05 4257746315 VIKING PROPERTIES PAGE 05/06 City of Edmonds Performance Bond Bonding Company Page Two 4) This bond shall remain in full force and effect until the obligations secured hereby have been fully performed and a bond guaranteeing maintenaucc of all improvements for a period of two (2) years from acceptance has bccn submitted to the City in an amount to be determined by the City, of the cost of the improvements and in a form suitable to the City, and until released in writing by the City at the request of the Surety or the Principal upon expiration of the period specified in the abovc paragraph. 1 t / day of July 2007 Angela K Re; son, Attorney -In -Fact 0'1"fi c erri it1e ales3rd Ave #305 MailingAudress Seattle, Wa 98115 Bond Number Developer/Owner Eric W Sundquist, Owner Title Po Box 1034 Mailing Address Lynnwood, Wa 98034 (425)670-2711 Telephone Number Bond Accepted by Development Services Technician Date STATE OF WASHINGTON) ) ss. COUNTY OF ) On this 12th day of July 2007 he.fore me, the under -signed, a Notary Public in and for the State of Washington, duly commissioned and sworn, Personally appeared Anuela K—Relslson tome known tobethe Atty-In-Fact of n d emn i t y Co of C a l f o r p" 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 there;Strument mentioned, and on oath stated that she was authorized to execute said i and that the seal affixed is � t gate seal of said corporation. hand NOTARY L in and State of ashinet resid, the day and year first above written. J'Af t m 1 .1Tff1.tN51'irnr ntwtn_1n/1h1NAlhTlAliTD...0 .wwD.....1:..w TrV"A[IAA 06/25/2997 10:05 4257746315 VIKING PROPERTIES PAGE 06/06 City of Edmonds Performance Bond Bonding Company Page Three 1° ' STATE OF WASHINGTON ) ) 9s. COUNTY OF ) On this J day of 2 before ine, the under -signed, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared to me known to be the A of the general partnership that executed the foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said partnership, for the uses and purposes therein mentioned, and on oath stated that was authorized to execute said instrument. WITNESS my hand and official sea] hereto affixed the day and year first above w6tteii. NOTARY PUBLIC in and for the State of Washington, residing at I .%'M11Ib%2%* ttr nn.tn%snnw POWER OF ATTORNEY FOR DEVELOPERS SURETY AND INDEMNITY COMPANY INDEMNITY COMPANY OF CALIFORNIA PO BOX 19725, IRVINE, CA 92623 (949) 263-3300 KNOW ALL MEN BY THESE PRESENTS, that except as expressly limited, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA, do each, hereby make, constitute and appoint: ***M Russ Neville, Angela K. Nelson, Alice Neville, Kurt F. Stark, Derelynn Williams, jointly or severally*** as their true and lawful Attomey(s)-in-Fact, to make, execute, deliver and acknowledge, for and on behalf of said corporations, as sureties, bonds, undertakings and contracts of suretyship giving and granting unto said Attomey(s)-in-Fact full power and authority to do and to perform every act necessary, requisite or proper to be done in connection therewith as each of said corporations could do, but reserving to each of said corporations full power of substitution and revocation, and all of the acts of said Attorneys) -in -Fact, pursuant to these presents, are hereby ratified and confirmed. This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Board of Directors of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA, effective as of November 1, 2000: RESOLVED, that the Chairman of the Board, the President and any Vice President of the corporation be, and that each of them hereby is, authorized to execute Powers of Attorney, qualifying the attorney(s) named in the Powers of Attorney to execute, on behalf of the corporations, bonds, undertakings and contracts of suretyship; and that the Secretary or any Assistant Secretary of the corporations be, and each of them hereby is, authorized to attest the execution of any such Power of Attorney; RESOLVED, FURTHER, that the signatures of such officers may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when so affixed and in the future with respect to any bond, undertaking or contract of suretyship to which it is attached. IN WITNESS WHEREOF, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused these presents to be signed by their respective Executive Vice President and attested by their respective Secretary this 1st day of December, 2005. I3 David H. Rhodes, dent Executive Vice -President AND �'' Cs OR4 i rar µx OCT u: 10, 1936 BY"�m... _�........ . .... - -- — s Walter A. Crowell, Secretary"°a> •,,±OVhIP, 4'' STATE OF CALIFORNIA. COUNTY OF ORANGE. On December 1, 2005 before me, Gina L. Gamer, (here insert name and title of the officer), personally appeared David H. Rhodes and Walter A. Crowell, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Signature GINA L. GARNER COMM. # 1569561 (SEAL) NOTARY PUBLIC CALIFORNIA ORANGE COUNTY cornru x Iraa IMA t)i 10, 2009 CERTIFICATE The undersigned, as Assistant Secretary, of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA, does hereby certify that the foregoing Power of Attorney remains in full force and has not been revoked, and furthermore, that the provisions of the resolutions of the respective Boards of Directors of said corporations set forth in the Power of Attorney, are in force as of the date of this Certificate. This Certificate is executed in the City of Irvine, California, the day of BY_ . �...... r Albert Hillebrand, Assistant Secretary ID -1380 (Rev. 12/05) RECEIVED JUNIj:;6W7 IGINEER'S ESTIMATE FOR . �N 200600030-10831 ERIC SUNDQUIST - 2 -LOT PLAT ON 74TH AVE W. PERMIT CpUNTER this estimate is intended for permit bonding purposes only and shall not be used for contractual purposes. item quantity unit unit price total clearing and erosion control 1 EA LS 2,200 aradinq 2000 CY 2 4,000 storm drain 81` 68 LF 12 816 4" sdr35 pvc 50 LF 8 400 control riser 1 EA 1200 1,200 cb type 2 1 EA 2000 2,000 cb type 1 3 EA 625 1,8751 detention facility 1 EA LS 4,800 dispersion trench 1 EA LS 500 side sewer 6" pvc 30 LF 12 360 4" pvc 91 LF 8 728 cleanouts 2 EA 110 220 water relocate meters 2 EA 225 450 ,ace improvements ac driveway 330 SY 121 3,960 maibox 2 EA 751 150 extruded concret curb/berm 150 LF 3 450 TOTAL ESTIMATE 24,109 0 (" o- � , t)b/ P:\LSA Engineering Docs\4800 thru 4899\4859\4859-eng-estimate _�J , 6� DATE SENT BOND RELEASE FORM CITY OF EDMONDS TO: ENGINEERING DIVISION ® �- ❑ PLANNING DIVISION FROM: CONNI CURTIS, ADMINISTRATIVE ASSISTANT IDENTIFICATION NUMBER (Plat, ADB, Permit) � D PROJECT ADDRESS�� DEVELOPER/CONTRACTOR TYPE OF BOND TO BE RELEASED DATE BOND POSTED .° �` '`�7 BOND EXPIRES Please field. -inspect the release of the subject bond. If there are outstanding requirements, please note in the space provided. Failure to respond by the expiration date constitutes approval by your division and automatic release of the bond'. 1. G� 2. 3. BOND APPROVED FOR RELEASE BOND NOT APPROVED (SEE OUTS WORK TO BE COMPLETED` WITHIN Copy to File Copy to Developer/Contractor Q_ WV_ DATED 141 iOl/9) NG REQUIREMENTS) DATED DAYS. SUSPENDED TO: / / . CADocumenls and Settings\Cur isft Documents\Engsec\BONDS\FORMS\BNORLSFM.DOC