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Home My WebLink AboutS_AOF_1467687_M&M_Wetland_LUA08-043U)ColumbiaBank/7/ictLBANK:LCL,1ii3MrrJk’-&1I&YAI)/-—Branch:t3LLVt.iW4VJZ,Address:LQ3oNE/Q7Te%WA9gaijqWAtc21t’1—1’3Phone:(‘iz-2‘Z—‘?3%-3__________________Fax:(a)Lta——____________________Attention:LL1fLiST/4’Ici’)_____________________Title:i4LTheabovereferencedbankherebycertifiesthatLLC_dollars(S/c7.SO)isondepositintheaccountnumber/-(,7‘7underthenameoftheCityofRenton,tosecuretheapplicant’sperformanceofthefollowingworkrequiredinconnectionwiththeplatorprojectdescribedbelow.PlatorProject:/4t?-r/,dti_fr’L-A1Location/AddressofPlatorProject:/ZOY€5iS.Therequiredworkisgenerallydescribedasfollows:A/Id+f’iCE4A73-;-m72/TM1]Uri/1)€-%1,ThebankherebycertifiesandagreesthatthesefundswillnotbereleasedwithoutwritteninstructionsfromanauthorizedagentoftheCityofRenton(theCity).WefurtheragreethatthesefundswillbepaidtotheCitywithin10daysofreceivingwrittennoticethattheCityhasdeterminedthattherequiredworkhasnotbeenproperlyperformed.ThebankshallhavenodutyorrighttoevaluatethecorrectnessorappropriatenessofanysuchnoticeordeterminationbytheCityandshallnotinterpleadorinanymannerdelaypaymentofsaidfundstotheCity.Theapplicantherebyagreestothisassignmentoffundsandthatitsobligationtoperformtherequiredworkisnotlimitedtotheamountoffundsheldbythebank.ThisAssignmentoffundsisirrevocableandcannotbecancelledbythebankorapplicant.Thesefundsmaynotbeassigned,pledged,usedassecurityorotherwisemadeavailabletotheapplicant,bankorathirdpartywithoutthepriorwrittenconsentoftheCity.________________AuthzedSignatureALsf,NameTitle/1////4__DateDateASSIGNMENTOFFUNDSTOTHECITYOFRENTONAPPLICANT:Owner:Address:Phone:Fax:Attention:Title:“/f,t—L—1%1.#A14Bank:AuthorizedSignatureflaiUie\\€CrS-hcxnsonName,Titleii1O/HJ2rSOflCQcLr-r10350N.E.jJhStreet•Betlevue,Washington98004-4212•(425)452-7323•Fax(425)452-7329 ()DenisLawMayorCommunity&EconomicDevelopmentC.L.“Chip”Vincent,AdministratorNovember9,2016PhilNelsonTowne&CountryDevelopment,LLC12505Bel-RedRoad,Suite100Bellevue,WA98005SUBJECT:SURETYDEVICEAMOUNT-TAL.BOT&55THPLAT,LUAO8-043DearMr.Nelson:Basedonthetwocontracts(attached),IreceivedformaintenanceandmonitoringfortheTalbotand55thmitigationproject,thetotalamountofyourinstallationsuretydeviceis$12,070.00andthemaintenanceandmonitoringsuretydeviceis$15,087.50.Thespecificbreakdownisasfollows:Maintenance(KkarmeroLLC)$5,500.00Monitoring(EvergreenAquaticResourcesConsultants,LLC)$6,570.00TOTAL$12,070.00@125%$15,087.50Theseamountsaredeemedsufficienttoguaranteethatstructures,improvements,andmitigationrequitedbypermitconditionandperformsatisfactorilyforaminimumofthree(3)years.Pleasecometothe6thFloorofRentonCityHalltopaythesuretydevice.ThankyouforyourdiligentworkinprotectingRenton’scriticalareas.OncethesuretydevicehasbeenreceivedbytheCity,Iwillissuealettersignalingthestartofyourthree-yearmaintenanceandmonitoringprogram.Ifyouhaveanyquestionspleasefeelfreetocontactmeat(425)430-7314.Sincerely,VanessaDolbeeCurrentPlanningManagerEnclosure:EvergreenAquaticResoucesConsultants,CCCPropsoalforWetlandMitigationMonitoringWetlandMitigationMonitoringServiceAgreement,June30,2016cc:InsightEngineeringCo.,SanthoshMoolayil1055SouthGradyWay,Renton,WA98057.rentonwa.qov LUA4::;p;t(kJpc(4-cJl-4-1t,ILf’‘-ejJi.5-82%restnZD/.?