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S_Surety_Device_ZK_SP_Cash_Deposit_Performance_Assurance_170718.pdf
RECEIVEDDEPARTMENTOFCOMMUNITYJUL182017ANDECONOMICDEVELOPMENTcofRE1O—Renton0‘.JI\’RECEIPTFORCASHDEPOSITApplicant’sNameandAddressHIENTHAOREALESTATECOMPANY,LLCPERFORMANCEASSURANCE5936NE3RDCTRENTON,WA98059TOCITYOFRENTONProjectNo.ProjectNameLUA13-001564,spZKSHORTPLATCashDepositSiteLocation$15,655.503402NE7THST,RENTONWATheCityofRenton,hereinaftercalledtheCITy’,herebyacknowledgesreceiptfromtheabovenamedapplicant,hereinaftercalledAPPLICANT,oftheamountnotedabove.TheAPPLICANTherebyauthorizesthatthesumreferencedabovebekeptondepositwiththeCityofRentonFinanceDepartmentforthepurposeofguaranteeingthattheabove-referencedprojectwillbecompletedinaccordancewithapprovedplansandconditionsandapplicableCitystandardsnolaterthanjic.i‘7,i.Theseimprovementsinclude,butarenotlimitedto:1teieFilZSkop.tTHECONDITIONOFOBLIGATIONisthat:1.UntilwrittenreleaseofthisobligationbytheCITY,thiscashfinancialguaranteemaynotbeterminatedorcancelledbytheAPPLICANTforanyreason.2.TheobligationsoftheAPPLICANTshallnotbedischargedoraffectedbyanyamendmentoftheengineeringplansusedforconstructionoftheproject.3.UponfailureoftheAPPLICANTtoperformanyofthetermsoftheAGREEMENT,theCITYmayusethefundstocompletetheworkandpayoutstandingfeesandotheramounts.TheAPPLICANTshallhavenodutyorrighttoevaluatethecorrectnessorappropriatenessoftheCITY’Sdeterminationthatrequirementshavenotbeensatisfactorilycompleted.AnyunexpendedfundsshallbereturnedtothepartydesignatedbelowuponcompletionofthetermsoftheAgreement.4.TheAPPLICANT’Sobligationtoperformtheworkorpayfeesandotheramountsisnotlimitedtotheamountofthiscashdeposit./tktrk4&fS(ccy?1’k’i(V6111/04/2016 ProjectNo.(PR)/ConstructionPermitNo.(U)%sjq-f(tL/(,)57)c57PI?O.-t)‘6ItistheAPPLICANT’SresponsibilitytonotifytheCITYofanychangeinaddress,telephonenumberorchangeofownershipoftheproperty.ItistheAPPLICANT’Sresponsibilitytoarrangeforreplacementofany/allfinancialguaranteespriortoanychangeofownership..r9oSCz-Z-15(PrintName)(PhoneNumber)CoVco’c-rOcicStateofWash-ingtn,Countyof-Kiftg-IcertifythatIknoworhaveseensatisfactoryevidencethatA-ü.\_42_(APPLICANT)signedthisinstrumentandacknowledgesittobehihe)reeandvoluntaryactfortheusesandpurposesmentionedinthisinstrument.(NotarySealorStampforAPPLICANT’SSignature)BRITTNEYKLAGGENotaryPublic-CaliforniaiRiversideCountyz—Commission#2110040MyComm.ExpesMay292019Dated:O\o\r-’c—Title:.1Vc’ReceivedforCityofRentonBy7DateProjectNameZ/Skri/&LJhY(Signature)APPLICANT:APPLICANT’SMAILINGADDRESS:(Date)tUE3iSignatureofNotaryPublic:Myappointmentexpires:211/04/2016 RECEIPTEG0007J109BILLINGCONTACTANLETYOF—RentonE1055SGradyWay,Renton,WA98057TransactionDate:June2E1iHIENTHAOREALESTATECOMPANY21CliftonDrLaderaRanch,CA92694TRANSACTIONPAYMENTREFERENCENUMBERFEENAMEAMOUNTPAIDTYPEMETHODTOTAL$15,622.50DEF17002583ENG-SpecialDepositFeePaymentCheck#43018285$15,622.50SUBTOTAL$15,622.50PrintedOn:July14,2017PreparedBy:DianaHiattPage1of1