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HomeMy WebLinkAboutS_Release_Letter_Roman_SP_LUA13-000795_200221February21,2020AdrianaRoman2120JonesAvenueNERenton,WA98056ArmondoPavoneMayorCommunity&EconomicDevelopmentC.E.“Chip”Vincent,AdministratorSUBJECT:DearMs.Roman:RELEASEOFASSIGNMENTOFFUNDSACCOUNTS#974727190AND#974727182ROMANSHORTRAT!LUA13-000795/ThisletterwillserveasauthorizationtoreleasethetwoAssignmentofFundsAccounts#974727190and#974727182fromUmpquaBankissuedtoAdrianaRomanonFebruary18,2015intheamountsof$5,000.00and$3,287.50respectively.TheseitemswerepostedtotheCityofRentononbehalfoftheRomanShortPlatproject.Enclosedaretheoriginaldocumentsforyourreference.Ifyouhaveanyquestions,pleasecontacttheprojectmanager,BrittanyGilliaat(425)430-7246.Enclosure(s):UmpquaBankAssignmentofFundsAccount#974727190UmpquaBankAssignmentofFundsAccount#974727182cc:BrittanyGillia,AssistantPlannerVanessaDolbee,currentPlanningManagerSincerely,JenniferHenningPlanningDirector1055SouthGradyWay,Renton,WA98057rentonwa.gov ASSIGNMENTOFFUNDSTOTHECITYOFRENTONAPPLICANT:Owner:Address:Phone:Fax:Attention:Title:ADRIANAROMANAdrianaRoman2120JonesAveNERentonWA98056206-816-2126BANK:UmpguaBankBranch:BellevueMainAddress:10885NE4”StSte100BellevueWA98004Phone:425-256-6550Fax:Attention:BouchraAgourTitle:StoreManagerTheabovereferencedbankherebycertifiesthat$5,000.00isondepositinaccount#974727190For(hebenefitoftheCityofRenton,tosecuretheapplicant’sperformanceofthefollowingworkrequiredinconnectionwiththeplalorprojectdescribedbelow:HatorProject:LUA13-000795Location/AddressofPlatorProject:2120JonesAveNE,RentonWA98056Therequiredworkisgenerallydescribedasfollows:Longtermmonitoringofthemitigation/enhancementareaThebankherebycertifiesandagreesthatthesefundswillnotbereleasedwithoutwritteninstructionsfromanauthorizedagentoftheCityofRenton(theCity).WefurtheragreethatthesefundswillhepaidtotheCitywithin10daysofreceivingwrittennoticethattheCityhasdeterminedthattherequiredworkhasnotbeenproperlyperformed.ThebankshallhavenodutyorrighttoevaluatethecorrectnessorappropriatenessofanysuchnoticeordeterminationbytheCityandshallnotinterpleadorinanymannerdelaypaymentofsaidfunstotheCity.TheapplicantherebyagreestothisAssignmentofFundsandthatitsobligationtoperformtherequiredworkisnotlimitedtotheamountoffundsheldbythebank.ThisAssignmentoffundsisirrevocableandcannotbecancelledbythebankorapplicant.Thesefundsmaynotbeassigned,pledged,usedassecurityorotherwisemadeavailabletotheapplicant,bankorthirdpartywithoutthepriorwrittenconsentoftheCity.ApplicantAdrianaRomanBankUmpquaBankzedSignawName,TitleAdrianaRoman,ownerAuthorizedSignatureBouchraAgour,StornagerDate02/18/2015Date02/18/2015UMPQUAB’AN‘KBellevueDowntown10885NE4thStreet,Suite100Bellevue,Washington98004MnmhprFnIflFniilHniisnnInndrriISRAPrp.fprmdIpndnrimnnithinkmm ASSIGNMENTOFFUNDSTOTHECITYOFRENTONAPPLICANT:Owner:Address:Phone:Fax:Attention:Title:ADRIANAROMANAdrianaRoman2120JonesAveNERentonWA98056206-816-2326BANK:UmpguaBankBranch:BellevueMainAddress:10885NE4thStSte100BellevueWA98004Phone:425-256-6550Fax:Attention:BouchraAgourTitle:StoreManagerTheabovereferencedbankherebycertifiesthat$3,287.50isondepositinaccount#974727182forthebenefitoftheCityofRenton,tosecuretheapplicant’sperformanceofthefollowingworkrequiredinconnectionwiththeplatorprojectdescribedbelow:PlatorProject:LUAI3-000795Location/AddressofPlatorProject:2120JonesAveNE,RenlonVA98056Therequiredworkisgenerallydescribedasfollows:Maintenanceassoci.itedwithmitigatiorilenhancementarea(removingnoxiousweeds,repairingthesplitrailfence.replacing“antsasneeded).ThehankherebycertifiesandagreesthatthesefundswillnotbereleasedwithoutwritteninstiuctionstromanauthorizedagentoftheCityofRenton(theCity).WefurtheragreethatthesefundswiltbcpaidtotheCitywithin10daysofreceivingwrittennoticethattheCityhasdeterminedthattherequiredworkhasnotbeenproperlyperformed.ThebankshallhavenodutyorrighttoevaluatethecorrectnessorappropriatenessofanysuchnoticeordeterminationbytheCityandshallnotinterpleadorinanymannerdelaypaymentofsaidfunstotheCity’.TheapplicantherebyagreestothisAssignmentofFundsandthatitsobligationtoperformtherequiredworkisnotlimitedtotheamountoffundsheldbythebank.ThisAssignmentoffundsisirrevocableandcannotbecancelledbythebankorapplicant.ThesefunJ:maynotbeassigned,pledged,usedassecurityorotherwisemadeavailabletotheapplicant,bankorthir!partywithoutthepriorwrittenconsentoftheCity.ApplicantAdrianaRomanhoredgnature.Name,TitleAdrianaRoman,ownerDate02/18/2015BankUmpquaBankAuthorizedSignaturek&AzName,TitleBouchraAgour,StbfeManagerDate02/18/2015UMPQUABANKBellevueDowntown10885NE4thStreet,Suite100Sellevue,Washington98004Memb&mmFnimlHnrrsnnIrndnrGtSPAPrpfc.rrrdIndr,,mnnu,h,nk