Loading...
HomeMy WebLinkAboutCash Surety Deposit Deferral Assurance Notarized.pdfDEPARTMENT OF COMMUNITY AND ECONOMIC DEVEOPMENT Q CASH SURETY DEPOSIT - DEFERRAL ASSURANCE APPLICANT Name and Address Name: 90,VA E124ii FA,0PZT?217E_S 2 " Address:3074 90S21-SE Phone#:(,/,sy) &&g^S701 Project No. / Permit No. PR16-000504 / DEF21003104 Project Name Bethany Corner Short Plat Cash Surety Deposit $ 90,000.00 Site Location 16433 111th Ave SE The City of Renton (the "CITY"), hereby acknowledges receipt from the above -named APPLICANT, who has paid the cash surety deposit amount noted above. The APPLICANT hereby authorizes that the sum referenced above be kept on deposit with the City of Renton Finance Department for the purpose of guaranteeing that the above -referenced project will be completed in accordance with approved plans and conditions and applicable City standards no later than 3 za Z These improvements are described on the above referenced permit(s). The City of Renton (the "CITY"), hereby acknowledges receipt from the above -named APPLICANT, who has paid the cash surety deposit amount noted above. The APPLICANT hereby authorizes that the sum referenced above be kept on deposit with the City of Renton Finance Department for the purposes of guaranteeing that the above -referenced project will be maintained in accordance with the _ ("AGREEMENT") for the project. THE CONDITIONS OF OBLIGATION is that: 1. Until written release of this obligation by the CITY, this cash financial guarantee may not be terminated or cancelled by the APPLICANT for anv reason. 2. The obligations of the APPLICANT shall not be discharged or affected by any amendment of the engineering plans used for construction of the project. 3. Upon failure of the APPLICANT to perform any of the terms of the AGREEMENT, the CITY may use the funds to complete the work and pay outstanding fees and other amounts. The APPLICANT shall have ni duty or right to evaluate the correctness or appropriateness of the CITY'S determination that requirements have not been to the CITY S sole satisfaction, of the terms of the Agreement. 4. The APPLICANT'S obligation to perform the work or pay fees and other amounts is not limited to the amount of this cash surety deposit. Page 1 of 3 1 Published: 2/1/2018 It is the APPLICANT'S responsibility to notify the CITY of any changes in address, telephone number or change of ownership of the property. It is the APPLICANT'S responsibility to arrange for replacement of anylall financial guarantees prior to any change of ownership. APPLICANT: N1iE- POa6Hz---)L1-Y (Print Name) ( 1 17/Wna [�,jt,r.!j, y1AwRFoEd2 a2 Page 2 of 3 1 Published: 2/1/2018 CASH SURETY DEPOSIT - DEFERRAL ASSURANCE (CONTD) Project No. / Permit No. PR16-000504 / DEF21003104 Project Name Bethany Corner Short Plat (Choose One) ❑ INDIVIDUAL ACKNOWLEDGEMENT: State of Washington, County of King: I certify that I know or have seen satisfactory evidence that (APPLICANT) signed this instrument and acknowledges it to be his/her free and voluntary act for the uses and purposes mentioned in this instrument. ® CORPORATE/LLC ACKNOWLEDGEMENT: State of Washington, County of King I certify that I know or have seen satisfactory evidence that DI A,vUE is the 6iAlv/rG,5wL Of 542 /JA'F'/ DC I1ra oP/-Ne 2,a Washington limited liability company/corporation (APPLICANT), and acknowledged this instrument tobethe free and voluntary act ant deed of said limited liability company/corporation, for the uses and purposes therein mentioned, and on oath stated that he/she was authorized to execute this instrument on behalf of said limited liability company/corporation. (Notary Beal or Stamp) � . c� NOTARY N :;ham oM o N0.2 '•• F OF W PS�.�` Received for the City of Renton By: Dated; Signature:' Printed Name: 7GGLZ6' /'fwUl<HdAH`,7�R My Appointment Expires: 061'21 / YUJcZ (Print Name) (Signature) (Date) Page 3 of 31 Published: 2/1/2018