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AboutS_LOC_M&M_Wetland_LUA17-000605UMPQUAIRREVOCABLESTANDBYLETTEROFCREDITDateofIssuance:August8,201$CreditNumber:SBOO1246ExpirationDate:August5.2019Amount:$131.342.00To:(Beneficiary):CityofRenton1055SGradyWayRenton,WA98057Attn:FinanceDirector(425)430-6850DearCityofRenton:From(Applicant):GurudwaraSinghSabhaofWAName,Title:_______________________________Address:5200TalbotRoadSCity’,StateZip:Renton,WA98055Phone:WeUmpquaBankherebyestablishattherequest,andfortheaccountofGutiidwaraSinghSabhaofWA(Owner),infavorthisIrrevocableStandbyLetterofCreditNo.SBOO1246,intheamountof$131,342.00tofinancecertainimprovementsintheOwner’sproperty.ThepurposeofthisletteristoinsurethattheimprovementslistedbelowarecompletedfortheprojectknownasSikhTempleWetlandMitigation,PermitNo.LUAI7-000605.Inthefollowingspace,describetheimprovementsrequired:Mitigationplanprojectelementsincludetheremovalofgravelfillfromwetlandandstreambuffers;removalofinvasive,non-nativevegetationfromwetlandandwetlandandstreambufferareas;re-contouringofstreambankswhereneededtostabilizenear-verticalslopes;andreplantingandreseedingdisturbedwetlandandbufferareaswithnativetrees,shrubs,grasses,andforbstorestoretheseareaswithnativevegetationcommunities.ThisLetterofCreditshallbeeffectiveimmediatelyandshallexpireon:August5,2019.1.Ourcloseofbusinessonthebusinessdaycoincidentwithorimmediatelyfollowing;or2.ThedateonwhichthereshallbeadrawingofthefullfaceamountofthisLetterofCredit;or3.ThedateonwhichtheOwnershallhavedeliveredtoyouavalidcertificateofcancellationoftheLetterofCreditandsubstitutionofalternateletterofcredit,inaformInternationalBankingGroupI450SansomeStreetISuite1300ISanFrancisco,CA94111T415.248.8031IF415.986.2127 anddrawnonaprincipalinstitutionacceptabletotheCity,atwhichtimeyoushallcancelthisLetterofCreditandreturnittous.Weherebyirrevocablyauthorizeyoutodrawonusbydeliveringtousinaccordancewiththetermsandconditionshereof,yoursightdraftordrafts,witheachsuchdraftaccompaniedbyyoursignedanddatedstatementdetailingthereasonforthedraw-down,inanaggregateamountnotexceedingtheamountabove.Morethanonedraftmaybepresentedsolongastheentireamountofsuchdraftspresentedinconnectiontherewithdoesnotexceedtheamountavailablehereunder.EachdraftandCertificatepresentedhereundermustbedatedthedateofpresentationtotheBank.ItisaconditionofthisLetterofCreditthatitshallbedeemedautomatically,extendedwithoutamendmentforoneyearfromthepresentoreachfutureexpirationdatehereof,unlessnotlessthanthirty(30)daysbeforeeachexpirationdateweshallnotifyyoubyovernightcourierthatweelectnottoconsiderthisLetterofCreditrenewedforanyadditionalperiod.Uponreceiptbyyouofsuchnotice,youmaydrawhereunderbymeansofyourdraftonusatsightaccompaniedbyyourwrittenstatementandtheoriginalLetterofCreditthatyouhavenotreceivedanappropriaterenewalofthisLetterofCredit.ButinanyeventthisletterofcreditwillnotbeextendedbeyondAugust8,2023whichshallbethefinalexpirationdateoftheletterofcredit,andnopresentationmadeunderthisletterofcreditaftersuchdatewillbehonored.Anydraw-downpresentedpriorto10:00a.m.whichisinfullcompliancewiththetermsofthisLetterofCreditwillbehonoredbyourpaymenttoyouofthedraftamountbywiretransferofimmediatelyavailablefundsfortheattentionofthepersonspecifiedbyyouinsuchdraft,nolaterthan1:00p.m.onthenextbusinessdaycoincidentwiththedateofpresentationofsuchdraft.DrawingsmaybemadeunderthisLetterofCreditinaccordancewiththetermshereof.MorethanonedrawingmaybemadeunderthisLetterofCreditasdescribedabove.AnypresentationunderthisLetterofCreditmustbemadeashereinspecifiedtotheLetterofCreditOfficeoftheBank.ThisLetterofCreditissubjecttotheUniformCustomsandPracticeforDocumentaryCreditsoftheInternationalChamberofCommerce,PublicationNo.600(UniformCustoms)asinforceonthedateofissuanceofthisLetterofCredit.ThisLetterofCreditshallbedeemedtobeacontractmadeunderthelawsoftheStateofWashingtonandshall.astomattersnotgovernedbytheUMPQUABANKInternationalBankingGroupI450SansomeStreetISuite1300ISanFrancisco,CA941111415.248.8031IF415.986.2127 UMPQUABA•NKUniformCustoms,begovernedbyandconstruedinaccordancewiththelawsoftheState,includingwithoutlimitationtheUniformCommercialCode(UCC)oftheStateofWashington.IneventofaconflictbetweenthetermsofthisLetterofCreditandeitheroftheUniformCustomsoftheUCC,theLetterofCreditshallcontrol.AsbetweentheUniformCustomsandtheUCC,theUniformCustomsshallcontrol.AnythingtothecontraryinArticle45oftheUniformCustomsnotwithstanding,thisLetterofCreditisintendedtoremaininfullforceandeffectuntilitexpiresinaccordancewithitsterms.Sincerely,UmpquaBankKevinShu4iVicePresidentIOperationsManagerPhone(415)248-8021(2J1j4.q—InternationalBankingGroupI450SansomeStreetISuite1300ISanFrancisco,CA94111T415.248.8031IF415.986.2127 DenisLawMayorCommunity&EconomicDevelopmentC.E.“Chip”Vincent,AdministratorJune25,2018LindaKrippnerKrippnerConsulting,LLCP0Box17621Seattle,WA98127Subject:InstallationSuretyRequestandremainingstepsforproceedingwiththeSikhTempleWetlandMitigationProject,FileNo.LUA17-000605andC18003425DearMs.Krippner:BondQuantityWorksheetApproval:WehavereviewedandapprovedthesubmittedBondQuantityWorksheetfortheSikhTempleWetlandMitigationproject,datedJune25,2018.Anychangestothewetlandmitigationplanwouldrequirethesubmittalofanas-builtplantingplanttotheCity.Anas-builtplantingplanwouldbesubjecttoCurrentPlanningProjectManagerapprovalandthereviewofthefinalplanmayrequirechangestobemadeinfieldforplantings.SuretyDevices:ThisletterisalsotoconfirmthesuretyamountduetotheCity:WetlandMitigationInstallation:$131,342.00Pleaseprovideasuretydevice(aletterofcreditorirrevocablesetasideletter)fortheinstallationofthewetlandfortheamountof$131,342.00.Thesuretydevicefortheinstallationwillbereleasedoncesuccessfulinstallationoftheprojecthasbeenconfirmed.NextSteps:Printoutonecopyoftheattached,approvedconstructionplansandpaytheattachedinvoice(withthefinancedept.onthefirstfloorofCityHall).Bringinthesuretydevice,receiptforpermitpayment,andonecopyoftheapprovedconstructionplanstome(6thfloorofCityHall)toobtainyourconstructionpermitandbeginworkonwetlandmitigationinstallationconsistentwiththeapprovedplan.AninspectionwithaCityinspectorisrequiredtoensureerosioncontrolisinstalledinaccordancewithCityStandards.MitigationInstallationandApproval:Oncethewetlandmitigationhasbeeninstalled(plants,signage,fencing,etc.)pursuanttotheapprovedplan,pleasehaveyourbiologistprovidemewithwrittenverificationthattheinstallationandanas-builtplansubjecttoapprovalbytheCurrentPlanningProjectManager.1055SouthGradyWay,Renton,WA98057.rentonwa.gov MonitoringandMaintenanceSuretyAmount:Inordertoprovideyouwiththeamountofsecuritynecessaryforthemaintenanceandmonitoringofthemitigationplantings,signage,andfencing,wewillneedacopyofthesignedmaintenanceandmonitoringcontractforthiswork.Adraft(followedbyafinal)maintenanceandmonitoringcontract(orcontracts)forourreviewpriortoexecutionofthecontractshallbeprovided.ThedraftcontractlanguagemustensurecompliancewithboththeperformancestandardsoftheKrippnerConsulting,LLC,mitigationplanaswellthemaintenanceandmonitoringstandardsoftheRentonMunicipalCode.Thescopeofthecontractmustclearlycoverthecostofplantmaintenanceandreplacementaswell.Thelanguageinthecontractmustalsoguaranteethat“structures,improvements,andmitigationperformsatisfactorilyforaperiodof5years”(e.g.addprovisionsforplantreplacementandweedremovalreferencingcompliancewiththesurvivalratesnotedinthefinalapprovedwetlandmitigationplan.ThedraftcontractmustbefollowedupwithafinalsignedcontractoncetheCityapprovesthedraftversion.OncetheCityapprovesthecontractproposal,theapplicantwillneedtoprovideamaintenancesuretydevice(aletterofcreditorirrevocablesetasideletter)setatanamounttotaling125%ofthecosttoguaranteesatisfactoryperformanceforaminimumoffiveyears.MonitoringandMaintenancePeriodStartDate:Oncethemitigationprojecthasbeeninstalled,pleaseprovidemewithawrittenconfirmationofinstallationpursuanttothefinalapprovedmitigationplan.ThedatetheCityreceivesthiswrittenconfirmationwillconstitutethebeginningoftheminimum5-yearmaintenanceandmonitoringperiod.NativeGrowthProtectionEasement:RMCSection4-3-050G3requiresthatallcriticalareasandtheirbuffersbeplacedineitheraNativeGrowthProtectionTractorNativeGrowthProtectionEasement.AdraftnativegrowthprotectioneasementshallbeprovidedtotheCurrentPlanningProjectmanagerforreviewandapprovalpriortothecompletionoftheinstallationofthemitigation.TheNativeGrowthProtectionEasementshallberecordedpriortothecommencementofthemaintenanceandmonitoringperiod.Pleasesendallrequiredinformationtomyattention.Feelfreetocontactmeat425-430-6598ifyouhaveanyquestionsregardingthisletter.Sincerely,JillDingSeniorPLannercc:GurudwaraSinghSabhaofWashingtonStacyTucker/PlanningTechnicianLUA17-0006051055SouthGradyWay,Renton,WA98057rentonwa.gov JenniferCisnerosFrom:JenniferCisneros(it:Wednesday,June30,20214:28PM‘LindaKrippner’Cc:‘KaranSingh’;BrittanyGillia;JillDingSubject:SikhTempleMitigationandMonitoringAttachments:2ndMaintenanceandMonitoringSuretyRequest.pdfHiLinda,MynameisJennyCisnerosandIworkforthePlanningDivisionintheCityofRenton.IamreviewingthewetlandfilesforSikhTemple(LUA7-000605)andnoticedthattheprojecthasanactivesuretydeviceassociatedwithitandIwantedtocontactyouregardingyourstatusofthewetlandmitigationthatshouldbeinprocess.Asyouareaware,theCityofRentonrequiresthatwetlandmitigationprojectsachievefiveyearsofcontinuous,successfulmonitoringthatmeetstheperformancestandardsoftheapprovedWetlandMitigationPlan.OurfilesnotethatJillDingreachedouttoyouin2019,requestingfinalexecuteddocumentsinordertostartyourwetlandandmonitoringforSikhTemple,butIamnotsureifthosedocumentswereprovided.Idonothaverecordofthosedocuments.Iwouldbehappytofileanycorrespondencethatyoucansendoverintotheprojectfile.Pleaseletmeknowwhatthestatusisofthismonitoringperiodsothatwecanproceedwiththeappropriateactions.Thanks,JennyCisnerosPlanningTechnicianCityofRentonICEDPlanningDivisionnoteNo.(971)217-9357COVID-19UPDATECityHalliscurrentlyclosedtothepublicbutwearestillavailabletoassistyouremotley.•PayInvoice,ApplyforOver-the-CounterPermit,ScheduleanInspection:PermittingPortal•ContactStaff:BuildingorGeneralPermitting:permittech@rentonwa.govor425-430-7200Planning:pIanningcustomerservicerentonwa.govor425-430-7294PublicWorksPermitting:pwpermitting@rentonwa.govor206-402-8626CodeCompliance:RentonRespondsor425-430-7373C,)1 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