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Home My WebLink AboutLUA-02-129 .` ��z�� Denis Law '""—��— Mayor � CXty Of Y rC � UtiA �,+'t> ��.'' � f, � N'.�` Cammunity&Economic Development Department December 30, 2014 C.E."Cfiip"Vincent,Administrator Paut Ebensteiner Lazier at Whitman Court LLC 1300114th Ave SE,Suite 100 Sel{evue, WA 98004 Subject: Receipt af Enstaliation and Maintenance and Monitoring Sureties Whitman Court PUD, File Na. LUA14-000295 Ta Wham It May Cancern: Surety Devices:This letter is aiso confirming the City has received the foilowing surety devices: Wetland Mitigation Insta!lation: $�5,p7g.Qp Wetiand Mitigation Maintenance and Monitoring: $52,125.00 The surety deuice for the installation will be released once successful installation of the project has been confirmed. The maintenance and monitoring surety will be reieased upon successfui campletion of the 5-year mitigation pian. In order to assure the quickest possible release of yaur surety device for maintenance and monitoring, please ensure prompt monitoring and maintenance are performed for the duration of yaur manitoring period. If at any time during your minimum five-year monitoring period the mitigation project fails below performance standards, the monitoring period wiil be placed on hoid. �nce the mitigation project regains compliance with approved performance standards, the maintenance and monitoring timeframe wiN restart for a period necessary to establish that performance standards have been met. *Please nate tha�the$82,14D assignment of funds provided for the Ribera Bo1ko Mi#igatian project(1UA02-i29j will be released. Next 5teps: Work with the Plan Review Sectian to abtain canstruction perm+ts and begin work an wetland mitigation installatian consistent with the appraved plan. Mitigation Installatian and Approval: Once the wetiand mitigation has been installed (piants, signage, fencing, etc.} pursuant to the appraved plan, please have yaur wetlands specialist provide me with written verificatian that the instaHation is in canformance with the approved plan. As Built Plans for the Mi#igatian Area: A copy of the as-built plans of the appraved mitigation plan, prior to recording; unless an installation surety device is provided or if plantings are installed as exactly per plan. Renton City Haf} . 1055 South Grady Way . Renton,Washingtan 98057 • rentonwa.gov Monitoring and Maintenance Period Start Date: Once the mitigation project has been installed, please provide me with the wetland consultant's written confirmation of installation pursuant to the final approved mitigation plan. The date the City receives this written confirmation will constitute the beginning of the minimum 5-year maintenance and monitoring period. Wetland Information Needed on Final Plat Map: RMC Section 4-3-050G3 requires that all critical areas and their buffers be placed in either a Native Growth Protection Tract or Native Growth Protection Easement. Please send all required information to my attention. Feel free to contact me at 425-430-7219 if you have any questions regarding this letter. Sincerely, Ro le Timmons Senior Planner cc: Simone Oliver,Altmann Oliver Associates,LLC Kamran Yazdidoost, Plan Reviewer LUA14-000295 LUA02-129 DEPARTMENI OF COMMUNITY , a ��'�� ;� AND ECONOMIC DEVEIOPMENT ' M E M Q R A N Q U M DATE: December 30, 2014 Tp: Stacy Tucker FROM: Rocale Timmons SUBIECT: Release of Assignment of Funds Ribera Balko Wetland Mitigation City af Renton File LUA02-129 Stacy, Please initiate the paperwork to release, the surety deuice for the mitigation project far the Ribera Balka Short Plat. The amount is for appraximately$82,140. A copy of the paperwork should also go in the yeliow file and to the City Cierk's office. Thank youi h:�ced\planning\current planning\wetiands\ribera-ba{ko\release memo.docx � _ - Denis Law �� : --�._ Mayor �I�� (..��,, � tiY � � 1 � /R -� +� � : s -r_ + 3 �+�' `", � �� , � �� ...� `�.e��.,��,..�A.,.�•`��`'�..;.e�f � �. `�'4�c� � lanuary 20, 2015 ��munity&Ecanomic Development Department C.E."Chip"Vincent,Administrator Bruce E. Groom Senior Vice President 5eattie Bank PO Box 19102 Seattle, WA 98109 5UBIECT: REI.EASE OF WETLAND MlTIGATIC?N MAlNTENANCE 8e !V{ONITORING SURETY DfV10E AS5IGNMENT C}F FUNDS—$$2,140.00 RIBERA-BAI.Kt3 SH�RT PLAT LUA02-129 Dear Mr. Groom: This letter wiil serve as autharity ta release the Assignment of Funds issued March 23, 2009 to Langley 4t�'Assaciates, LLC, in the amount of$82,140A0, posted to the City of Renton on behalf of the Ribera-Balko Short P1at. Enclosed is the documentation for your reference. If you have any questians, please contact the Project Manager, Racale Timmans at (425) 430-7219. Sincerely, � , � t.��..:.�� u-��.��- l�J � /C \ 1 lennifer 7. Nenning Planning Director cc: Racale Timmans, Pianning City a#Renton File LUA02-129 Enclosure:Seattle Bank Assignment of Funds Rentar�City Hall . 1055 Sauth Grady Way . Renton,Washington 98057 . rentonwa.gov 190 Queen Anne Avenue N. , Suite 100 Seattle Seattle,WA 98109 206.281.1500 main 800.643.6610 toll-free 206.568.7814 fax ASSIGNMENT OF FUNDS SEATTLE BANK, formerly known as SEATTLE SAVINGS BANK, a Washington state- chartered stock savings bank (the "Bank"), has on deposit the sum of EIGHTY-TWO THOUSAND ONE HUNDRED FORTY and No/100 Dollars ($82,140.00) to cover the following: Project: Ribera Balko Short Plat(City of Renton File LUA02-129) Location: 4225 NE 4th Street, Renton, WA Required work: Monitoring and Maintenance of structures, improvements and mitigation required by conditions of permit. The Bank hereby certifies and agrees that these funds will not be released without written instructions from an authorized agent of the City of Renton(the"City"). We further agree that these funds will be paid to the City within ten(10) days of receiving Notice that the City has determined that the work has not been properly performed. The Bank shall have no duty or right to evaluate the correctness or appropriateness of any such notice or determination by the City and shall not interplead or in any manner delay payment of said funds to the City. Langley 4`h Avenue Associates, LLC (the "Applicant") hereby agrees to this Assignment and that its obligation to perform the required work is not limited to the amount of funds held by the bank. This Assignment is irrevocable and cannot be cancelled by the Bank or applicant. These funds may not be assigned, pledged, used as security or otherwise made available to the Applicant, Bank or a third party without the prior written consent of the City. , __ APPLICANT: . _. BANK: ' Langley 4th Avenue Associates, LLC SEATTLE BA,�I� � � < < , � By: �. t - , r- _.. - �� " ��..._ � By: �-�l�i�i�7 �'�,��____ Mike Brown, Member ' Bruce �'. Groom, Sr. Vice President 6450 Southcenter Blvd #106 � 190 Queen Anne Avenue N., Suite 100 Seattle, WA 98188 P. O. Box 19102 1-800-959-0122 ext 119 (phone) Seattle, WA 98109 206-244-1438 (fax) 206-273-7350 (phone) 206-568-7814 (fax) Date: March = :'� , 2009 Date: March v3.� , 2009 7=f Namba� `� FDIC � • �� 2% Denis Law � � � Cl� Of Mayor - � - _ _ ,� . �� i /! � �''e � � :��'� �. ,� � �. �� . - �-',\"S�� ,+�.�..t� ''�,,.N`-�.....�„�.i ,,l�" w,...�.,..,+� Community&Economic Development Department October 17,2014 C.E."Chip"Vincent,Administrator. Paul Ebensteiner -� Lozier at Whitman Court LLC 1300 114th Ave SE,Suite 100 Bellevue,WA 98004 Subject: Approval of Final Wetland Mitigation Plan/Proposed Maintenance& Monitoring and remaining steps for proceeding with Whitman Court PUD, File No. LUA14-000295 Dear Mr. Ebensteiner: Mitigation Plan Approval: We have reviewed and approved the final wetland mitigation plan/monitoring proposal for the Whitman Court PUD, which incorpocates the completion of . the mitigation for the Ribera Balko Short Plat, received by the City on October 2,�2014. I have enclosed an approved copy for your records. The mitigation project shall be installed in conformance with the approved .plan prior to recording or a separate surety device shall be provided. ' Next Steps • Mitigation Installation and Approval: Once the wetland mitigation has been installed (plants, signage, fencing, etc.) pursuant to the approved plan, please have your wetlands specialist provide me with written verification that the installation is in conformance with the approved plen..You may be planning on installing the mitigation project after the plat records or the Final PUD is approved; in order to provide you with the. amount of security necessary for the installation of the plantings, signage, fencing; we will need a copy of the signed installation contract for this work. Once the City approves the contract proposal, the applicant will need to � provide an installation surety device (a letter of,credit or irrevocoble set_oside letter) set at an amount totaling 125%of the cost to guarantee the installation of the mitigation project. , As Built Plans for the Mitigation Area: A copy of the as-built plans of the approved mitigation plan, prior to recording; unless an installation surety device is provided or if plantings are , installed as exactly per plan. " Monitoring and Maintenance Surety Amount: In order to provide you with the amount of security necessary for the maintenance and monitoring of the wetland mitigation plantings, signage, and fencing, we will need a copy of the signed maintenance and monitoring contract � for this work. A draft (followed by a final) maintenance and monitoring contract (or contracts) for our review prior to execution of the coritract shall be provided. The draft contract language must ensure compliance with both the performance standards of the Altmann Oliver Associates, mitigation plan as well the maintenance and monitoring standards of the Renton Municipal Renton City Hall . 1055 South Grady Way . Renton,Washington 98057 . rentonwa.gov _.. > — �., v . Code. The scaqe of the contract must clear(v cover the cost af q(ant maintenance and rep/acement as weli. The langua�e in the contract must aiso �uarantee that "structures. improvements, and miti�atian perfarm satisfactorilv for a period of 5 vears" (e.�. add provisions far ptant replacement and weed remova( referencin� camptiance with the survival rates noted in the final appraved wetland miti�ation pian. The contract must inc(ude quarterly manitoring reports far the first year and annual reparts thereafter. The draft contract must be foilowed up with a fina(signed eontract ance the City approves the draft version. Once the City approves the cantract prapasal, the app(icant wil( need to provide a maintenance surety device (a letter af credit ar irrevocable set aside letter} set at an amaunt tota(ing 125% of the cost ta guarantee satisfactary performance far a minimum af five years. *F{ease nate that onre a surety device is receiued far rhe maintenance and monitoring and the mitigation ptonting ptan is either installed or an insta/lation surety device is prvvided, the $82,140 assignment of funds prvvided for the Ri6era Ba/ko Mitigation project(tUA02-129j will he released. Monitoring and Maintenance Perioc! Start Date: Once the mitigation project has been installed, please provide me with the wetland consultant's written corr�rmatian of instaliation pursuant to the fina! approved mitigation plan. The date the City receives this written confirmation will canstitute the beginning of the minimum 5-year maintenance and monitaring period. Wetland tnformation Needed an Fina! Plat Nlap: RMC Section 4-3-050G3 requires that all critica! areas and their buffers be placed in either a Native 6rowth Protectian Tract ar Native Growth Protectian Easement. Please send all requi�ed information to my attention. Feel free ta contact me at 425-43Q-7219 if you have any questions regarding this letter. Sincerely, �GJ�ta"iZd� Ro le Timmons Seniar Planner "'�mone Oiiver,Altmann Oiiver Associates, LLC �n Yazdidoost,Pfan Reviewer ��295