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DEVELOPIVIENTSERVICES DEFARTMENT
Expimtio
Bond No
EARTHSUBSIDENCE AND LANDSLIDE HAZARD AREA /ESLHA\
SITE RESTORATION
FROZEN FUND ACCOUNT
Edmonds Building Permit No.
Project Address_
DAVE FAHLINC-1
MAYOR
�
�
WHERIFAS,7 "'Ve, hereinafter referred to as
"The Principal", has applied to the City of Edmonds, hereinafter reT rred to as "The City", to
construct 4,1e,66
_d_', �1�glel located at c
within City limits,
WHEREAS, as required by City Ordinance #3632, this form will certify that -this Surety has
abond for the above referenced project. This bond \sestablished -for restoration and/or other
repairs or stabilization measures, as required by Edmonds Community Development Code
Chapter 19.10.050A.
NOW, THEREFORE, -the undersigned agenLauthorizedtoverify
and control financial information on the referenced account, in the State of Washington,
hereinafter referred to as "The Bank", agree and bind themselves, their heirs, executors,
administrators and assigns, unto the City in the sum | money of the
United States, according to the fm||ovvingterms and conditions:
1\ The total sum indicated will be withheld by this Banking Institution from disbursements,
to any entity other than the City of Edmonds or its designee. Only written authorization from
the City shall cause release ufthe Bond.
3\ If the Principal does not complete all repairs and/or restorations within 24 hours of
service of written notice, then the Banking Institution shall, upon demand by the City remit to
the City within ten /10\ days of receipt of said demand, the amount of this Bond or such lesser
annount as may bespecified inthe demand, snthat the repairs can be installed or completed
inomediate|yto City standards. 6uoh funds shall also be paid to the City -for emergency repairs
undertaken to stabilize the site, public improvements, or utilities and/or adjacent st/udureS,
L\BuiNinQ Now Fu|Jer2O1O\ESLHA\ESLHA FROZEN FUND.dmox ESLHA Restoration Bond Form Page 1 of
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3iyterCity - Dek|nan'Jnpao
where it is impossible or impractical to provide the 24 hour notice to correct. The Banking
institution shall not be liable to the owner for disbursement of said funds to the City of
Edmonds oronits behalf.
3\ |ntheeventthaPhndpa|fai|stocornp|eteanyoftheabovenepainsornesb�ratonvv�h\n
' | d agents shall have the right at their sole
thet\nnepehodspeci�edbythoCity,itsennpoyeeoan a8cn
election to enter onto said property for the purpose ofcompleting the repairs. This provision
shall not be construed as creating an obligation on the part of the City or its representatives to
complete such repairs or restorations.
4\ |nthe event any |avvsu�\s\nst�utedbvthe C�y the Phndpa|orthe BanWng|nst�u�on
t' enforce the terms 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.
5\ This bond shall remain |nfull force and effect until occupancy approval nnthe structure
\sgranted bythe City Building Official.
DATED this u�x««dayof
'Blking In , SA it tion
Addre ss/Phone
Bond Number
y�
m�
Mailing Address
Phone Number
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STATE OF WASHINGTON)
11 p) ss.
County of r F' 1( hf) i Ii'� ")
On this .wi, day of � �.lt vw°. F�.... "6 F, , before me, the undersigned, a
Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared
) � to me know to be the
µ
7
gar �
i'
of ��.?g���, � g H�"� ���"��'g � CC 6': the 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
state that .r7... was authorized to execute said instrument and that the seal affixed is the
corporate seal of said corporation.
Y � Y p �eH �+. d� and year first aboy� wnn. .
12A� AH i
d official seal heret -a .ixe e
idEHll
NOTARY PUBLI( ..i and for the State of
S NtA�ArNeg„ g g
�` Washington, Residing at
AL.)GUS . 26, 2012
-DEVEtOPERJOWNER ACKNOWLEDGEMENT
STATE OF WASHINGTON)
) ss.
County of is )
On this <�`°
` 2day of_4& 13' , before me, the undersigned, a
Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared
d" ,to me knov Xo be the 11vd, � .
��sf�ip that executed the foregoing instrument, and acknowledged the 1111111111111 said ini instrument strument to bel` -
free and voluntary act and deed
on oath state that 2„
was authorized to execute
WITNESS my hand and
f 5
al Wl hereto I:
n3 2 tsO
400r „ �
for the uses and purposes therein mentioned, and
nd year
ARY PUBLIC in and for the State of
hington, Residing at
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