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HomeMy WebLinkAboutPublic Agency Agreement for Performance Meadow CrestReturnAddress:CityofRentonCityClerkRentonCityHall1055S.GradyWayRenton,WA98057AbovethislinereservedforrecordinginformationPUBLICAGENCYAGREEMENTFORPERFORMANCE(ProjectNo.)ApplicanUObligor:RentonSchoolDistrictNo.403Obligee:CityofRentonLegalDescription:SeeExhibitAAssessor’sTaxParceLNo.:7227800135ProjectTitle:MeadowcrestEarlyChildhoodLearningCenterThisPUBLICAGENCYAGREEMENTFORPERFORMANCE(“AGREEMENT”)ismadeandenteredintoonthedayof__________________2016,byandbetweentheCityofRenton,amunicipalcorporationoftheStateofWashington,hereinafterreferredtoas“CITY”,andRentonSchoolDistrictNo.403,amunicipalcorporationoftheStateofWashington,hereinafterreferredtoas“APPLICANT”(collectively,the“PARTIES”).WITNESSETH:WHEREAS,theCityapprovedtheabove-namedprojectandcertainimprovementsassociatedtherewith,suchimprovements(“IMPROVEMENTS”)beingmoreparticularlydescribedintheSiteImprovementBondQuantityWorksheetattachedheretoatExhibitBandincorporatedhereinbythisreference;andWHEREAS,inconnectionwiththedevelopmentofsuchproperty,theIMPROVEMENTShavebeenmadeorotherwiseprovidedforbytheAPPLICANT;andWHEREAS,theAPPLICANTisrequiredbytheCITYtowarranttheIMPROVEMENTSagainstanymaterialdefectsinworkmanshipforaperiodoftwo(2)years.PublicAgencyAgreementforPerformancePage1of4 NOWTHEREFORE,ITISHEREBYAGREEDasfollows:1.TheAPPLICANTherebywarrantsalloftheIMPROVEMENTStobefreefromanymaterialdefectinworkmanship(“DEFECT”)foraperiodoftwo(2)yearsfromthedateofoccupancy,andshallpayalllaborers,mechanics,subcontractorsandmaterialmen,andallpersonswhoshallsupplyAPPLICANTorsub-contractorswithprovisionsandsuppliesfortherepairorreplacement(“WARRANTYWORK”)ofaDEFECT,ifandtotheextenttheCITYshallnotifyAPPLICANTofsuchDEFECTduringthetwo(2)yearwarrantyperiod.TheAPPLICANTshallholdtheCITYharmlessfromanylossordamageoccasionedtoanypersonorpropertybyreasonofanycarelessnessornegligenceonthepartofsaidprincipaloranysubcontractorintheperformanceofsaidWARRANTYWORK,andshallindemnifyandholdtheCITYharmlessfromanydamageorexpensebyreasonofAPPLICANT’SfailuretoperformanyWARRANTYWORKinaccordancewiththetermsandconditionsofthisAGREEMENT,and2.InadditiontoanyandallotherremediesavailabletotheCITY,atlaworinequity,iftheAPPLICANTfailstoperformanyWARRANTYWORKinaccordancewiththetermsandconditionsofthisAGREEMENT,thentheCITYshallbeentitledandauthorizedtoperformsuchWARRANTYWORKandbilltheAPPLICANTforthecostsincurredinconnectiontherewith.AnysuchbillingbytheCITYtotheAPPLICANTshallbepaidbytheAPPLICANTwithinsixty(60)daysofthebilling,unlessotherarrangementsaremadeinadvance.3.ThisAGREEMENTshallbebindingontheheirs,assignsandsuccessorsininterestofthePARTIEShereto,andtheobligationshereundershallrunwiththelandoftheabove-referencedparcels.4.IntheeventthateitherpartyinitiatesanyactiontoenforcethetermsandconditionsofthisAGREEMENT,theprevailingPartyshallbeentitledtorecoveritsreasonablecostsandattorney’sfeesfromtheotherParty.5.ThisAGREEMENTcontainstheentireunderstandingofthePARTIESwithrespecttothemailerssetforthhereinandanypriororcontemporaneousunderstandingsaremergedherein.ThisAGREEMENTshallnotbemodifiedexceptbywritteninstrumentexecutedbythePARTIEShereto.6.ThisAGREEMENTshallremaininfullforceandeffectforaperiodoftwoyearsfromandafterthedateofoccupancyoftheproject,andshallnotpriortheretobereleaseduntilalltermsofthisAGREEMENThavebeencompletedtothesatisfactionoftheCITY’SCityEngineerorhis/herdesignee.PublicAgencyAgreementforPerformancePage2of4 INWITNESSWHEREOF,thePARTIESheretohaveexecutedthisAGREEMENTonthedateandyearfirstabovesetforth.RentonSchoolDistrictNo.403:ArtJarvis,InterimSuperintendentCITYOFRENTON:ChipVincent,AdministratorofDepartmentofCommunityandEconomicDevelopmentPublicAgencyAgreementforPerformancePage3ot4 STATEOFWASHINGTON)ssCOUNTYOFKING)IcertifythatIknoworhavesatisfactoryevidencethatChipVincentisthepersonwhoappearedbeforeme,andsaidpersonacknowledgedthathesignedthisinstrument,onoathstatedthathewasauthorizedtoexecutetheinstrumentandacknowledgeditastheAdministratorofDepartmentofCommunityandEconomicDevelopmentoftheCityofRentontobethefreeandvoluntaryactofsuchpartyfortheusesandpurposesmentionedinthisinstrument.Datedis—dayof________________2016NotaryPublicinandfortheStateofWashingtonResiding:Myappointmentexpires:STATEOFWASHINGTON))ssCOUNTYOFKING)IcertifythatIknoworhavesatisfactoryevidencethatArtJarvisisthepersonwhoappearedbeforeme,andsaidpersonacknowledgedthathesignedthisinstrument,onoathstatedthathewasauthorizedtoexecutetheinstrumentandacknowledgeditastheInterimSuperintendentofRentonSchoolDistrictNo.403,amunicipalcorporationoftheStateofWashingtontobethefreeandvoluntaryactofsuchpartyfortheusesandpurposesmentionedintheinstrument.Datedis—dayof________________2016NotaryPublicinandfortheStateofWashingtonResiding:Myappointmentexpires:PublicAgencyAgreementforPerformancePage4of4 EXHIBITALEGALDESCRIPTIONTractsAandC,Block5,RentonHighlandsNo.2,CorrectedPlatrecordedinVolume57ofPlats,Pages92to98,inclusive,recordsofKingCounty,Washington,LESSthatportionlyingEasterlyofalinebeginningattheNorthwestcornerofTractBofsaidplat;thenceNorth04°41’OO”EasttotheNortherlylineofTractC. EXHIBITBSiteImprovementBondQuantityWorksheet