Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
S_Cash_Surety_Deposit_Performance_Assurance_190211
DEPARTMENTOFCOMMUNITYANDECONOMICDEVELOPMENTRentonDCASHSURETYDEPOSIT—APPLICANTNameandMailingAddress(pleaseprintclearly)PaulMillerPERFORMANCEASSURANCEName:3731ParkAveNAddress1Renton,WA98056Address2:206-954-1137PhoneNumber:ProjectNo./PermitNo.ProjectName—,,C18005570MWerWaterExtensionCashSuretyDepositSiteLocationioooo.oo3731ParkAveNTheCityofRenton(the“CITY”),herebyacknowledgesreceiptfromtheabove-namedAPPLICANT,whohaspaidthecashsuretydepositamountnotedabove.TheAPPLICANTherebyauthorizesthatthesumreferencedabovebekeptondepositwiththeCityofRentonFinanceDepartmentforthepurposeofguaranteeingthattheabove-referencedprojectwillbecompletedinaccordancewithapprovedplansandconditionsandapplicableCitystandardsnolaterthan31October.2019.Theseimprovementsaredescribedontheabovereferencedpermit(s).THECONDITIONOFOBIJGATIONisthat:1.UntilwrittenreleaseofthisobligationbytheCITY,thiscashfinancialguaranteemaynotbeterminatedorcancelledbytheAPPLICANTforanyreason.2.TheobligationsoftheAPPLICANTshallnotbedischargedoraffectedbyanyamendmentoftheengineeringplansusedforconstructionoftheproject.3.UponfailureoftheAPPLICANTtoperformanyofthetermsoftheAGREEMENT,theCITYmayusethefundstocompletetheworkandpayoutstandingfeesandotheramounts.TheAPPLICANTshallhavenodutyorrighttoevaluatethecorrectnessorappropriatenessoftheCITY’Sdeterminationthatrequirementshavenotbeensatisfactorilycompleted.Anyunexpendedfundsshallbereturnedtotheabove-namedAPPLICANTuponcompletion,totheCITY’Ssolesatisfaction,ofthetermsoftheAgreement.4.TheAPPLICANT’Sobligationtoperformtheworkorpayfeesandotheramountsisnotlimitedtotheamountofthiscashsuretydeposit.ItistheAPPLICANT’SresponsibilitytonotifytheCITYofanychangeinaddress,telephonenumberorchangeofownershipoftheproperty.ItistheAPPLICANT’Sresponsibilitytoarrangeforreplacementofany/allfinancialguaranteespriortoanychangeofownership.APPLICANT:--OI(‘rintName)(Signature)(Date)F’age1of2Published:2/2/2018 CASHSURETYDEPOSIT-PERFORMANCEASSURANCE(CONT’D)ProjectNo,/PermitNo.ProjectName/C18005570MillerWaterExtension(ChooseOne),fJINDIVIDUALACKNOWLEDGEMENT:StateofWashington,CountyofKing:IcertifythatIknoworhaveseensatisfactoryevidencethatfVL))er(APPLICANT)signedthisinstrumentandacknowledgesittobehis/herfreeandvoluntaryactfortheusesandpurposesmentionedinthisinstrument.QCORPORATE/LLCACKNOWLEDGEMENT:StateofWashington,CountyofKing:IcertifythatIknoworhavesatisfactoryevidencethat4UI/4(I(risthe__ __ _ __ __ _ __ __ _ __ __ _ __ _of____________________________aWashingtonlimitedliabilitycompany/corporation(APPLICANT),andacknowledgedthisinstrumenttobethefreeandvoluntaryactanddeedofsaidlimitedliabilitycompany/corporation,fortheusesandpurposesthereinmentioned,andonoathstatedthathe/shewasauthorizedtoexecutethisinstrumentonbehalfofsaidlimitedliabilitycompany/corporation.ixr’i(,ReceivedfortheCityofRentonBy:(PrintName)(Signature)(Date)(NotarySealorStamp)-——-BRENTDYNotaryPubhcStateofWashirtonCommission#174777MyComm.ExpiresNov13,2022Dated:76fi4iWWi-7.S3”7Signature:PrintedName:Myappointmentexpires:N&LA6.n1/,AV/3,C2&0202Page2of2IPublished:2/1/2018