HomeMy WebLinkAboutSkagen SP AOF.pdf(Example: please submit on bank letterhead)
ASSIGNMENT OF FUNDS TO THE CITY OF REP
APPLICANT: BANK: B s h. B
Owner: t.3 T,3l3prich: SSG ..,-A
Address: " T � ► ,Tess: MI-, ^Jt J
Phone:
Fax:
Attention:
Title:
La 4JA r
P�1 vne:
ax:
Attention: A . GA.igA4,4S
Title: P- Lspn►�t ! AA-liG1:10--
NNER
BANK
The above referenced bank hereby certifies that $/31.2 `7;?-?. Bank Name k BUJk is on
deposit in account # S "gJQCo//a2 _ . under the name of the City of Renton,
to secure the applicant's performance of the following work required in connection with the plat or
project described below:
Plat or Project: o
Location/Address of Plat or Project:?
The required work is generally described as follows:
7A
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 I0 days of receiving written notice that the City has determined that the required 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 funs to the City.
The applicant luereby agrees to this Assignment of Funds and that its obligation to perform the required
work is not limited to the amount of funds held by the bank
This Assignment of funds 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 third
party without pri written consent of the City. X
Applicant
Authorized Si at"
ure
LrU2�
Name, Title
Bank
Autho zed Signature r�
� � � r�L � Ate► k
Name, Title
_ _ - /) - 1 G -�-,/I I //(o
Date Date
112
F
ignmcnt of Funds doc 1375 NW Mall St. • Issaquah, WA 98027-8950 Os
Phone: 425-395-1199 • Fax: 425-395-1172 • bannerbank.com
LEER Member FDIC, Equal Housing Lender