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HomeMy WebLinkAboutLUA09-022-Surety Carrie Olson From: - Kayren K. Kittrick Sent: Monday, November 26, 2012 2:43 PM To: Carrie Olson Subject: FW: KC RSD Ltr Rathinam Short Plat Attachments: rathinam short plat kc Itr001.pdf In case you have something in the file too. From: Chip Vincent Sent: Monday, November 26, 2012 2:41 PM To: Jennifer T. Henning; Kayren K. Kittrick Subject: FW: KC RSD Ltr Rathinam Short Plat FYI. . From: Linda Moschetti Sent: Monday, November 26, 2012 2:18 PM To: Chip Vincent; Doug Jacobson; Suzanne Dale Estey Subject: KC RSD Ltr Rathinam Short Plat Good afternoon! Gregg asked me to forward a copy of the attached to you. Thanks! Linda Moschetti Administrative Assistant Public Works Department City of Renton 1055 South Grady Way Renton, Washington 98057 Phone: (425)430-7394 Fax: (425) 430-7241 E-mail: Imoschetti@rentonwa.gov 1 ling County L L e•;::d Road Services Division Department of Transportation N O V 26 2012 KSC-TR-0313 201 South Jackson street CITY OF ENTOIN Seattle,WA 98104-3856 PUBLIC WORKS ADMlRI 206.296.6590 Fax 206.296.0566 TTY Relay:711 www.kingcou nty.gov/roads November 16,2012 Mark Ludden Charter Homes,Inc. 19717-62nd Avenue South, Suite Fl 11 Kent,WA,98032 RE: Project Number: L04S0003 Project Name: Rathinam Short Plat Activity Number: .A09BN206 Located at 11634 SE 192nd Street. Dear Mr.Ludden: The Road Services Division has inspected the road drainage system and the roadway improvements in the above-referenced project,and it is satisfied that all conditions and requirements have been met.Effective by the date of this letter,King County;on behalf of the City of Renton,authorizes the release of this bond and acceptance of the public street and drainage facilities for continuous normal maintenance. •Maintenance Bond Number: A09BN206 Amount: $17,886.00 If you have any questions,please feel free to contact Lydia Reynolds-Jones,Managing Engineer of the Project Support Services Group,at 206-296-8210. Zcr_17y, Paulette Norman,P.E. County Road Engineer Road Services Division cc: Gregg Zimmerman,Director of Public Works,City of Renton Rosana Palacios,Attorney in Fact,Platte River Insurance Company Carol Rogers,Fiscal Specialist III,Finance Unit,Department of Permitting and Environmental Review Rick Brater,P.E.,Manager,Traffic and Engineering Services Section(TESS),Road Services Division(RSD),Department of Transportation(DOT) Debbie Arima,Manager,Road Maintenance and Operations Section(RMOS),RSD,DOT Lydia Reynolds-Jones,Managing Engineer,Project Support Services Group(PSSG),Traffic and Engineering Services Section(TESS),RSD,DOT. Brandy Rettig,Office Engineer,Technology Unit,RMOS,RSD,DOT Marc Walsh,Business and Finance Officer II,Finance Unit,RSD,DOT Joe Espinosa,Engineer I,RMOS,RSD,DOT Suchatri Yesuwan,Engineer II,PSSG,TESS,RSD,DOT Cindy Torkelson,Engineer I,PSSG,TESS,RSD,DOT Carrie Olson From: Carrie Olson Sent: Thursday, April 15, 2010 11:16 AM To: 'Bob Thompson' Cc: Jennifer T. Henning Subject: RE: Rathinam Short Plat Hi Mr.Thompson: We have not received a return of this letter to my knowledge. If we do, I will send it on to your new address. Thanks C iei . Engineering Specialist Community & Economic Development Dept. colson@rentonwa.gov 425-430-7235 Office 425-430-7300 FAX From: Bob Thompson [mailto:bthompson@charterhomesinc.com] Sent: Thursday, April 15, 2010 11:13 AM To: Carrie Olson; Jennifer T. Henning Cc: Jan Illian Subject: RE: Rathinam Short Plat Carrie, You will probably be seeing this letter returned as we moved our office to Kent over a year ago. I am sorry I did not think to notify you of the change of address. Our new address is: 19717 62nd Ave. S#F111 Kent, WA 98032 I will use this copy of the letter for documentation right now and will watch for the original in the mail. Thank you, Bob From: Carrie Olson [mailto:COlson@Rentonwa.gov] Sent: Thursday, April 15, 2010 11:10 AM To: Jennifer T. Henning Cc: Jan Illian; Bob Thompson Subject: RE: Rathinam Short Plat Jennifer, Please see attached bond release letter. It was mailed to Mr.Thompson on March 29th, 2010. Ccwrie/K.O Engineering Specialist 1 Community & Economic Development Dept. colsonftrentonwa.Aov 425-430-7235 Office 425-430-7300 FAX From: Jennifer T. Henning Sent: Friday, March 26, 2010 6:58 PM To: Carrie Olson Cc: Jan Illian Subject: FW: Rathinam Short Plat Hello Carrie: The bonds shown below may be released. Thank you. Jennifer Henning From: Jan Illian Sent: Wednesday, March 10, 2010 12:08 PM To: Bob Thompson Cc: Jennifer T. Henning; Carrie Olson Subject: RE: Rathinam Short Plat Bob, These surety bonds were transferred to the City from King County. Since these are tree, landscaping/recreation bonds, I will defer your request to Jennifer Henning. • 2-Year$30,595 surety bond #0442247 for landscape/recreational equipment. • 2-Year$14,769 Street Tree Performance Surety Bond#0442249. • 2-Year$6,000 Street Tree Install & Maintenance Surety Bond #0442248. 0 From: Bob Thompson [mailto:bhompson©charterhomesinc.com] Sent: Wednesday, March 10, 2010 11:50 AM To: Jan Illian Cc: Jennifer T. Henning Subject: Rathinam Short Plat Good morning Jan, I am trying to figure out exactly what I need to do in order for our bonds to be released. At this point I am not certain if the bonds for this project are held by King County or the City of Renton. Would you have an answer to this? I see we received a refund for inspections fees on the street trees from the City of Renton. Would this indicate that the bond for the street trees should be released?As I near completion with King County I would like to coordinate with the City of Renton to inspect the plat and authorize a reduction of the performance bond to a maintenance bond by King County. Please let me know what my next step is in order to finish this plat. Thank you for your help, Bob 2 Carrie Olson From: Jennifer T. Henning Sent: Wednesday, April 14, 2010 5:01 PM To: Carrie Olson; Jan Illian Subject: FW: Rathinam Inspection Carrie and Jan, The landscape and tree installation bonds for the Rathinam Plat may be released. All of my concerns have been addressed. Thanks! Jennifer Henning From: Bob Thompson [mailto:bthompson@charterhomesinc.com] Sent: Wednesday, April 14, 2010 4:56 PM To: Jennifer T. Henning Subject: RE: Rathinam Inspection Jennifer, Thank you for getting back to me so quickly. Do you know how soon the bonds for these items will be released? Thank you for your help. Have a great evening, Bob From: Jennifer T. Henning [mailto:Jhenning@Rentonwa.gov] Sent: Wednesday, April 14,.2010 4:54 PM To: Bob Thompson Cc: Jan Illian; Arneta J. Henninger Subject: RE: Rathinam Inspection Hi Bob, I just returned in the past hour. Yes,the 3 new trees look great, and the street frontage at the storm pond has been cleaned up. My concerns are all addressed. Thank you. Jennifer Henning,AICP Planning Manager 425.430.7286 From: Bob Thompson [mailto:bthompson@charterhomesinc.com] Sent: Wednesday, April 14, 2010 4:35 PM To: Jennifer T. Henning Subject: RE: Rathinam Inspection Good afternoon Jennifer, Did you get a chance to inspection Rathinam Short Plat today? Is there anything else you need from me? Please let me know, Bob 1 • From: Jennifer T. Henning [mailto:Jhenning@Rentonwa.gov] Sent:Tuesday, April 13, 2010 2:30 PM To: Bob Thompson Subject: RE: Rathinam Inspection Hello Bob, I'm sorry to say that I did not make it out to the site on Friday. I had several people leave ill during the day,and had to cover for them. I will be going out on Wednesday. Jennifer Henning From: Bob Thompson [mailto:bthompson@charterhomesinc.com] Sent: Tuesday, April 13, 2010 8:18 AM To: Jennifer T. Henning Subject: RE: Rathinam Inspection Good morning Jennifer, Did you have a chance to go by Rathinam Short Plat on Friday? If you did how does it look? Please let me know if there anything else I need to take care of. I would like to get the bonds released as soon as possible. Thank you for your help, Bob From: Jennifer T. Henning [mailto:Jhenning@Rentonwa.gov] Sent: Wed 4/7/2010 5:30 PM To: Bob Thompson Subject: RE: Rathinam Inspection Hello Bob, I will swing by the site on Friday morning. You do not need to meet me on site. I'll contact you after the inspection. Jennifer Henning,AICP Planning Manager 425.430.7286 From: Bob Thompson [mailto:bthompson@charterhomesinc.com] Sent: Wednesday, April 07, 2010 1:49 PM To: Jennifer T. Henning Subject: Rathinam Inspection Hello Jennifer, We have removed the dead Black Locust tree and are in the process of planting a Big Leaf Maple for the replacement in the park.We are also cleaning up the bark area between the storm pond and SE 192nd St. I am ready to schedule an inspection. Are you available to meet on site tomorrow or Friday? I only have a meeting tomorrow morning from 9:30 to 10:30 so would be available after 11:00 tomorrow or any time on Friday. Please let me know if this will work for you. Thank you, Bob 2 Denis Law Ma or C. Of ti`SY o .Department ofCommunity and Economic Development March 29,2010 -Alex Pietsch,Administrator. Mr.Bob Thompson Charter Homes,Inc, .: " 601 Union Street,.Suite 5100 - .. Seattle WA 98101 .. SUBJECT: - RELEASE OF.THREE SURETY BONDS FOR RATHINAM SHORT PLAT UNDER KING COUNTY.AGREEMENTS#A06BN115,A07BN411 &A07BN404 ON PROJECT#L04S0003 The City,of Renton,Department of:Community and Economic Development, as successor ' jurisdiction,hereby releases the following maintenance bonds on the Rathinam Short Plat. ;: • . 2-Year$30,595 Surety bond#0442247 for landscape/recreational equipment, • . 2-Year-$14,769 Street Tree Performance Surety Bond#6442249. . .•. 2-Year Street Tree Install &Maintenance Surety Bond#0442248. - The original bonds have been enclosed for your use Please notify your surety company of these. releases.,: .. If you have anyquestions,please contact me at(425)430-7235.Thanks. Sincerely,. . '. Jennifer Henning Planning Manager CED/Planing • ' Enclosure: ;3 Original Surety Bonds I\PlanReview\M BondRel/LUA09-022.doc/colson Renton City Hall • 1055 South Grady Way • Renton;Washington 98057.:• rentonwa.gov: :. riot r 90 7`�� AF ,t, a.,AGREE,., N ';TOJINS14L: `y (�t° .'k1411•.*C. ' �. 3`; ;i.:: `:. �,'.a,n_.,to to - xri.c^-sw9 ,r. .! (���C.JI%� '— `'4'!',RECREATI'ON:EQUIPMENT=`�, :z- King County z=:-,I.; ...a<, , A,, .Z.--., ,_..,:.{:,ire; ,v,A4', ,: z,INSTALL. e ..._. '�, ,,i `7 MAINTAIN;:``-:: ? mil Department of Development yr`%<,,,,,,, ,,,,,.a; r.,i- .E r; c,;:.4,4,,,;a;;, a:,;s:,_:11Yil`::'•f„ and Environmental Services $'',LANDSCARING``FO'p' ►:SIJ.B�DiU,I'SI'O1'M• 900 Oakesdale Avenue Southwest A;" z _ .:£�.w; =rw_..aLa,...," Renton,WA 98057-5212 }I cq_ O�9T APPLICANT'S Name APPLICANT'SAddress volts.2ID !! iO Charter Hares, Inc. e,7T/eP L.Jec 9,0 e ACTIVITY Number Project Number and Name AO6BN115 L04S0003—Rathinam Short Plat Guarantee Amount Site Location/Section $30,595 ^ Parcel 6198400180 This AGREEMENT is made and entered into this 5 day of .t/ec , .L,r ,20_0 between the King County Department of Development and Environmental Services(or its successor agency),hereinafter called the COUNTY,and the above named APPLICANT,hereinafter called APPLICANT. Basis for AGREEMENT: WHEREAS the undersigned APPLICANT wishes to develop the above-referenced project,and ' WHEREAS the County will grant final plat approval upon agreement by the APPLICANT to,among other project requirements,comply with all terms of this AGREEMENT; NOW THEREFORE,the APPLICANT hereby agrees and binds itself and it's legal representatives,successors,and assigns,as follows: Terms of the AGREEMENT: 1. Prior to recording of the subdivision,the APPLICANT shall provide the COUNTY with a financial guarantee in the amount and in a form approved by the COUNTY in order to secure the Applicant's compliance with terms of this AGREEMENT. Landscaping Only:The financial guarantee shall be required for a minimum period of two years after the COUNTY has inspected and approved the installation of the required landscaping. This time period may be extended by up to one year,if necessary,to cover a planting and growing season. 2. The APPLICANT shall,within TWO YEARS of the final plat approval(recording),complete the installation of all required recreation equipment and/or landscaping in full compliance with the approved recreation and/or landscape development plans,including any approved amendments thereto. 3. The APPLICANT is responsible for the proper establishment and maintenance of the landscaping. Additionally,the landscaping shall successfully grow and remain attractive,free of weeds and defects in workmanship and materials for a minimum period of two years from the date of satisfactory installation,as determined by the COUNTY. The APPLICANT shall prune and trim all landscaping to maintain:a healthy growing condition or to prevent primary limb failure,remove all trash from the landscape areas,and replace all dead,diseased,damaged or stolen trees within three months or during the next planting season if the loss does not occur in a planting season. 4. In the event of any failure of the landscaping to satisfactorily grow or in the event of a defect in workmanship or materials of the recreation equipment and/or landscaping,the APPLICANT or guarantor shall promptly and adequately repair,replace,and/or correct the failure or defect. 5. The APPLICANT shall complete the installation of all recreation equipment and/or landscaping with due diligence. The COUNTY may extend the time limit for compliance up to six months when the COUNTY has determined that circumstances beyond the control of the APPLICANT warrant an extension. 6. The APPLICANT shall notify the COUNTY in writing when all landscaping is implemented in accordance with the approved plans and specifications. 7. The COUNTY must approve(in writing)any APPLICANT proposed change of work from the approved plans prior to the APPLICANT beginning such work. 8. The APPLICANT shall fulfill all other requirements of King County Code 21A,and adopted ordinances in connection with landscaping improvements, even if these requirements are not set forth specifically in this AGREEMENT. ' 9. The APPLICANT shall reimburse the COUNTY for all-actual direct and indirect costs necessitated by this AGREEMENT including but not limited to plan review and inspection fees pursuant to Title 27A of the King County Code and corrective work or abatement. 10. The APPLICANT hereby grants to the COUNTY the right to enter and inspect the project site and,in the event of any failure to comply with terms of this AGREEMENT,to implement such corrective measures as the COUNTY deems necessary. 11. The APPLICANT shall be responsible for the proper performance,safe conduct and adequate policing and supervision of the project. This responsibility shall not be lessened or otherwise affected by the County's approval of plans,specifications,or work,or by the presence at the work site of the COUNTY's representative(s),or by the compliance by the APPLICANT with any requests made by said representative(s). 12. The APPLICANT shall indemnify and hold the COUNTY and ifs agents,employees and/or officers harmless from and shall process and defend at ifs own expense all claims,damages,suits at law or equity,actions,penalties,losses,or costs of whatsoever kind or nature,brought against the COUNTY arising out of,in connection with,or incident to the execution of this AGREEMENT and/or the Applicant's performance or failure to perform any aspect of the AGREEMENT. Provided,however,that if such claims are caused by or result from concurrent negligence of the APPLICANT and the COUNTY,it's agents,employees and/or officers,this provision shall be valid and enforceable only to the extent of the negligence of the APPLICANT,and provided further,that nothing herein shall require the APPLICANT to hold harmless or defend the COUNTY from any claim arising from the sole negligence of the County's agents,employees and/or officers. 13. In the event that any party deems it necessary to institute legal action or proceedings to enforce any right or obligation under this AGREEMENT,the parties hereto agree that any such action or proceeding shall be brought in a court of competent jurisdiction situated in King County,Washington. 14. It is the APPLICANT'S responsibility to notify King County of any change in address,phone number,or change of ownership of property. It is the APPLICANT'S responsibility to arrange for replacement of any/all financial guarantees prior to the time that a change of ownership occurs. The Applicant,as indicated in this AGREEMENT,shall remain responsible for all terms of the agreement until such time as a new owner shall replace the financial guarantees and complete any other documents as required by the County. RELEASE REQUIREMENTS:This AGREEMENT shall remain in effect and the associated financial guarantee shall not be released until all terms of this AGREEMENT have been completed to the satisfaction of the COUNTY. • �� IN WITNESS THEREOF,thereto have executed this AGREEMENT as of the day and year first above written. X4 g �— APPLICANT e �; iaJs/o7 By Title Date :-.\\... ��. . c> Na-1 ) --.7 Received for the by Date Inndcomb,msdd 6B N 15 i '-: ..vT,, �.,. :a y StIt King ..{., a De tro`unty • Department of Development and Environmental Services ''+.` w:t1' ` ;;' k` ' `i "P P �`•:.t.,>`t��..,.... �i;:.�.;:�tt;,.'_ ,ieak ,�..:t,w.,K.:sv';..s:s.>tr..`:.. 900 Oakesdale Avenue SW Renton,WA 98055-1219 Financial Guarantee Activity No. AO6BN115 Bond No. ry 2247 Name of Project Rathinam Short Plat Location/Address of Project Parcel 6198400180 Bond Project No. L04S0003 Amount $30,595 We Charter Hares, Inc. ,as Principal and Tnternatirrtal Fidelity Tnairatte Caipmy a corporation organized and existing under and by virtue of the laws of the State of New Jersey and legally doing business in the State of Washington,as Surety,are held and firmly bound unto King County,State of Washington,as Obligee,in the penal sum of Thirty Thousand,five hundred ninety five and 0/100 dollars for the payment of which we firmly bind ourselves,and our legal representatives,successors and assigns,jointly and severally. THE CONDITION OF OBLIGATION is that: 1. The Principal,as Applicant,has executed an"Agreement"entitled"Agreement to Install Recreation Equipment and/or Install&Maintain Landscaping for a Subdivision",a copy of which is attached hereto and incorporated herein by this reference. 2. Under the provisions of the Agreement,the Principal is required to furnish a guarantee to secure the Principal's compliance with the terms of the Agreement. 3. This Surety Bond is intended to secure the Principals'performance of work and payment of fees in accordance with the associated Agreement. IT IS FURTHER EXPRESSLY PROVIDED that: 1. Until written release of this obligation by King County,this bond may not be terminated or cancelled by the Principal or Surety for any reason. 2. The obligation of the Surety shall not be discharged or affected by any extension of time for the Principal's performance of this Agreement or by any amendment of the engineering plans used for construction of the project. The Surety hereby waives notice of any such extension or amendment. The obligation of the Surety shall,in no event,exceed the penal sum hereof unless the Surety has expressly consented to any change,modification or extension of the Agreement and has issued its written adjustment of the penal sum,signed by the Principal and Surety. • 3. Upon failure of the Principal to perform any of the terms of the Agreement,The Surety shall either perform the terms of the Agreement or shall tender to the County the amount which the County estimates necessary to effect compliance with the terms of the Agreement. The County estimate may not be challenged or otherwise disputed by the Principal or Surety. Any funds provided by the Surety in excess of that expended to remedy noncompliance with the Agreement will be returned to the Surety upon completion of the remedial work and payment of outstanding fees. 4. In the event that this project becomes part of an incorporated area,King County may transfer its rights and obligations under this Surety Bond and the associated Agreement to any successor jurisdiction without notice to the Surety or Principal. The rights and obligations under this Surety Bond are for the exclusive benefit of King County. Except as otherwise expressly provided herein,the rights and obligations of King County under this Surety Bond may not be assigned,hypothecated or transferred for any purpose. • It is the PRINCIPAL'S(as APPLICANT in attached Agreement)responsibility to notify King County of any change in address, phone number,or change of ownership of property. It is the PRINCIPAL'S responsibility to arrange for replacement of any/all financial guarantees prior to the time that a change of ownership occurs. The PRINCIPAL shall remain responsible for all terms of the agreement until such time as a new owner shall replace the financial guarantees and complete any other documents as required by the County. AO6BN115 Page lof2 - '- Page2ct-- PRINCIPAL:0, SURETY: Charter I I. International Fidelity(In9m ce Cy By:2 12/5/07 a��t`� -U 12/5/07 Signature Date Signature Date Rama Palacios Title Title Attorney-ln-Fact Mailing Address Mailing Address 601 Lhrim Street, Ste. 5100 In Pox 370 Seattle, WA 98101 Seattle, WA 98111-0370 206--V2-4393 7[tr-M1-63 Phone Number Phone Number PLEASE ATTACH A POWER OF ATTORNEY FOR SURETY AND COMPLETE THE FOLLOWING FOR 1'HE PRINCIPAL State of Washington,County of King I certify that I know or have seen satisfactory evidence that a r signed this instrument and acknowledges it to be his/her free and voluntary act for the uses and purposes mentioned in this instrument. (Notary Seal or t&tfo ri pY'� Dated: l Z(0 5 ( Q • •poop 4 c s OTA 4 ,'9 Signature of Notary Public: G= ? � �▪ �▪ PUBLIC Title: /V a (x'r Pk b�G c-- .••o %9F' :•• ',,,,, • My appointment expires: ( (2" ( og F WAN` Financial Guarantee Activity Number: SURETY.doc(10/99) A06BN115 . -,,-.-..... .......:::::„ -....-....-.,........ -'-...,-. ----....... ,:,.....:7,',::,....':.2......:.......:: .,.......:!:;':;„...: : ..:'::::::::::„..„ „,...:....0.:::: ::.:....... .*:„.....:,:::.;;;:::;.. . . ... .... „ .. ........ ....,. .,......„.„.............„.... ... „ 1..(— -4).'614'.766'...'' • ,' -:.-:. -:''..' '''..."'t ATER OF ATTORNEY ..... ..— ......, ........ .-..-. ....„ ,.. ....... ..... . ..'s:... ....T. '':.....: '''.......H...'''. :''':INTERNATIONALFliDELITY1NSIJRANCE COMPANY HOME OFFICE ONE NEWARK CENTER 20TH FLOOR '',:, .•.:: ,;,::: .:........::,... ..-: .,,:-:::: ,:-.......f. --....,.: ........,..:.:":"......:,..::;.,;...? NEWAR.K; NEW JERSEif.07102-$707,-:::: .....,..y. .............••••• •••••" -:•-•:.•,:.•.-..,..•::: •••••••."f.l••:.f... ••,.-..,.... ,........................... , .••..,.:.:',.• ,•••...••• '':::::.::::!::':::•.! :'' '".)::';:::::,:::::":.::.:' ":•'''.:1; • ....... KNOW ALL MEN BY THESE PRESENTS;., That INTERNATIONAL ...:FIDELITY ......INSURANCE COMPANY, a corporation organized and existing .. . '•-•:: ':•*.'•'. laws:•":f iii Stateof New lerseY-and:having itSititincial office.iUthe:CaYof Newark,New Jersey,does:herebY.cOnStitnie.•'a.,nd,aPpoiri •:::•...::::. ..,:.......:,.':•;.1:'•,:',,:•::,::::''' ,:!..',.: •••:*,isi:::::::::., :.:..:i:"...:.::::',. ....*.....::•::: '1::::-• ''...1 •::1‘..4...'.Ai-Y.A.'..b 0BB s, iiiAilliniAL:'..L EN.:',.:!.:ST-E.. PALMEREi\r,..:W.,;.- ... ,,..:.DAY„:.:..ID.:J..F 012.....P Y....t...H....:.;.HO ..;y.,,i.,..,E:....:.!„'.Uisi.H.....F E:...RS,!i,....,...-:. .1.,...,:..,..!..!, :...,........-.;.:: .1....:::.;:s., ...:;....:.......;:.., :.:...i.;,...i..., ROXANA PALACIOS .-. .., .. ..... .. Seattle WA -------' . its true and lawful attotney(s)-in4act to execute seal and deliver for and on its behalf as surety anand-all bonds and undertakings,'.cputracts.of indemnity and ....::::-...i.-."...::::- ..]:::...... otherAirritings:obligatoryinms jihicii:iefinaTsr)e thereof which are or may be alloWed,Tequired•tit permittedby-law,•statufe,••rule regulation contract or otherwise and .;......:...... .,::.: :.:.:.....taapcecution.asor. such in pursuance of these-presents,: shall'be•.•as binding.upOn.the said INTERNATIONAL FIDELITY 0INSURANCErt '.: full' • d I to' ll tentS'and'Ourposes as if the same had been duly executed and acknowledged by its regularly.....elected ffi.„..::,c,..,......sa its....,......i.:. ...,,,.:.. principal office . . This Power cfAttorney)SeiceCu;ed,and may be revoked pursuant toand•biauthOrity of..A.14icte.:3-Setticifi 3 of the By Laws adopted by the Board Of ,*:.•')...*.1::.'".. ••.:••••.'.. : :••••:,- Directors of INTERNATIONAL FIDELITY INSURANCE COMPANy at a meeting called and held on the ,,..:.. ayo -p 7,,..I 74 . .,......,. ......., .....i:.. ....,; .:,::::. ,.,....,...i ;,,.....:: . -.:... • The President or any Vice President,ExecutiVeVicepresident,.Secretaryor Assistante,...r......ry, 1, all.....have power .., nd..........:..,.. ......... . ...:. ,. ..„..,......„,...„.,...., ,,,.,,... .........i.:........._ •••• : " • ••. .. . :. :'.... .....:...aj To appoint AnOtneYs-in-faei,-and io authorize them to exescute•Oribehalf of the CoMpany,and attach the Seal of the Company thereto,.bonds and ,... :.: ; ...:.......,. ' - undertakings,contracts of indemnity and other writings obligatory in the nature thereof and, ::..... .-.::::.--. .-.•:••••• -!.''s•.. :•i:::....••••:. , (2)To reinove,at any time,any such attOtney-iii-fact and.revoke........the authority:.given --'• *-''• ....:-.Fdither,this Power ofAttorneY is signed and sealed by.facsiMile-pursiiant to.resolution of the Board of Directors.....Of. i4.....ConipanYadiipteciat:a meeting :•:'.'•:,•.:. .;',..:1:1-. .....:•••.: :*:':: ::',..• duly called and held on the 29th:day of.April;:1982 of whiCh the following is atrueexcerpt. ::. . :...... ..-••.... "....... ..... •....:•*:.., .......... •'....,.......,. si.,..,: ....... ..,..., ......,.... ...........?. .:.,..... :....... ...i. ..-1:- .;.-: •....'. •:::.... -*:. -... •:::. -::-.::: f•-.• - -..i:" '''.::• '''''''.• - -: • ' :-; ''' '- •:'•••• ..*: ''. attorney or any certificate relating thereto by' "•-• • Now therefore the signatures of such officers and the:seal of the CoMpany.may be affixed to facsimilepowerseal shall be valid and binding upon the'Company'and any'::*. '....*:' .:„'.••• : '.•'• such power• so'executed and certified by facsimile signatures and:facsimile seal shall be va 4 and binding up?ii.the e,..Company in.the future with respect to any,:•:'::. *.:•:.•.••:::,:.: •:::• •,.. •••• .-- • bond or undertaking to which it is attached.":::::..... • •,....: ..... .. . ,:. • .. . ... , . . . . . .... . • . ., .. ,...: ...... ... ...... . . - • . .. : - . . . . .. . . - '•" " '.-:, • .... • . . .-. .:,. . . .. .. ..:.•::. **.. -.. . .-., .. :.•,........ • • • •. .. .•: • . . . . . . •. . . . . . .•- '- 0 111//je .:...-- IN TESTIMONY.WHEREOF,INTERNATIONAL FIDELITY INSURANCE COMPANY has caused this instrument tOb*.... .. :.: signed and its corporate seal to be affixed by its authorized officer,this 2 9th day of August,A.D.2003. ..-1.:.::::**--..„*....:. .....;":;,.........„............... ........, ' ' ct INTERNATIONAL FIDELITY INSURANCE CO STATE OF NEW JERSEY :::• .. . .., . .. • • •:.':.:::'..":::•••••:::" . ..,. ... . . „.,. ........... . .. :-.,.....-.--...-- On this 29th day of August 2003; before.:Me.,:tatne the individual who executed the preceding instrument me and being me dnly..,..:.•,.., ...;.. -:.•••••::'••••'2 sWorn,said the he isthe.therein described and authorized officer...ofthe.. INTERNATIONAL FIDELITY INSURANCE COMPANY,that the seal affixed to said instrument is the Corporate Seal of said Company; that the.said.Corporateeal and:his signature were dulyaff......ix...:ed....l.)...:y order t?..,:f:..d:i....,..-..Bnard. !7?!....7ctof..,,:(fsaid Company oAlle),_ '..-- -: :-:::::,..IN TE8TIMONV.WHEREOF ,:;-1 have hereunto set my hand affixed myOfficial....: el,i.::.,.,:....• .,..-....:„- ;:,...„. ...!.:::-., ,....:::::,... ..--.:...:..,:...........,.E..:..:.. ....;:... ....:..„,..,. :..,::,.,.....,„:....-....'"\\ :'''::.--- '.•'•*;.' 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Amber: Please find attached the original agreement and bond for the above short plat that was forwarded to the City of Renton from King County as part of the Benson Hill Annexation. Agreement to Install&Maintain Significant Trees Agreement to Install&Maintain Street Trees cc: File kEEI _ NTTO I-NSTALL:&'-: King CountySryTREETTREES'FOR'< Department of Development and Environmental Services ' orr :`.S V:U D'- I;S.I %t. 900 Oakesdale Avenue SW - . ,a. � , N `'"„ Renton,WA 98055-1219 `4:: ':.,....,,..,;,,;;u:....,.:�t.:,...a.��:>r_^_....,.._�i-i..,._.�_ APPLICANT'S Name APPLICANT'S Addr ss cAccr*et Ste? Charter Hams. Inc. ACTIVITY Number Project Number and Name A07BN404 L04S0003-Rathinam Short Plat Guarantee Amount Site Location/Section $6,000 Parcel 6198400180 tti• This AGREEMENT is made and entered into this S. day of 'Da cow ✓ ,20 O?between the King County Department of Development and Environmental Services(or its successor agency),hereinafter called the COUNTY,and the above named applicant,hereinafter called APPLICANT. Basis for AGREEMENT: WHEREAS the undersigned APPLICANT wishes to develop the above-referenced project,and WHEREAS the COUNTY will grant final plat approval upon agreement by the APPLICANT to,among other project requirements,comply with all terms of this AGREEMENT; NOW THEREFORE,the APPLICANT hereby agrees and binds itself and it's legal representatives,successors,and assigns,as follows: Terms of the AGREEMENT: 1. Prior to recording of the subdivision,the APPLICANT shall provide the COUNTY with a financial guarantee in the amount and in a form approved by the COUNTY in order to secure the APPLICANT'S compliance with terms of this AGREEMENT.The guarantee shall remain in force and effect until written release by the COUNTY. The APPLICANT's obligation to perform work and pay fees or other amounts is not limited to the amount of the associated financial guarantee. 2. The APPLICANT shall,within two years of the final plat approval,install all required street trees in full compliance with the approved landscape development plans,including any approved amendments thereto. Street trees shall be planted and completed in conformance with the approved plans and specifications and the COUNTY Standards. All planting shall be performed in accordance with accepted practices,in good soil with adequate water available.The APPLICANT shall notify the COUNTY in writing when all street trees are implemented in accordance with approved plans. 3. The County must approve(in writing)any APPLICANT proposed change of work from the approved plans prior to the APPLICANT beginning such work. 4. The APPLICANT shall fulfill all other requirements of King County Code Title 21A,and adopted ordinances in connection with street tree improvements, even if these requirements are not set forth specifically in this AGREEMENT. 5. The APPLICANT shall complete all street tree installation work requirements with due diligence. The COUNTY may extend the time limit for compliance up to six months when the COUNTY has determined that circumstances beyond the control of the APPLICANT warrant an extension. 6. The financial guarantee shall be required for a minimum period of two years after King County has inspected and approved the planting or transplanting of trees. This time period may be extended by one year by the director,if necessary,to cover a planting and growing season. 7. The street trees shall successfully grow and remain attractive,free of disease and defects in workmanship and materials for a period of two years from the date of satisfactory installation.The APPLICANT shall prune and trim all street trees to maintain:a healthy growing condition or to prevent primary limb failure and replace all dead,diseased,damaged or stolen trees within three months or during the next planting season if the loss does not occur in a planting season. 10. If,at the conclusion of the two-year period,the COUNTY,at its sole discretion,determines that the street trees are not in a well-maintained condition, the APPLICANT or Guarantor shall perform prompt and adequate maintenance. In the event this maintenance is not done,by either the APPLICANT or Guarantor,within a time period as specified by the COUNTY,the Guarantor shall,upon demand,tender the total guarantee amount to the COUNTY. After performing the maintenance,the COUNTY will return any unexpended funds,without interest,to the Guarantor. 11. The APPLICANT shall be obligated to take corrective action or make repairs,as described above,which obligation shall not be limited by the amount of the financial guarantee. 12. The APPLICANT shall reimburse the COUNTY for all-actual direct and indirect costs necessitated by this AGREEMENT including but not limited to plan review and inspection fees pursuant to Title 27A of the King County Code and corrective work or abatement. 13. The APPLICANT hereby grants the COUNTY the right to enter and inspect the project site and,in the event of any failure to comply with terms of this AGREEMENT,to implement such corrective measures as the COUNTY deems necessary. 14. The APPLICANT shall be responsible for the proper performance,safe conduct and adequate policing and supervision of the project. This responsibility shall not be lessened or otherwise affected by the County's approval of plans,specifications,or work,or by the presence at the work site of the County's representative(s),or by the compliance by the APPLICANT with any requests made by said representative(s). 15. The APPLICANT shall indemnify and hold the COUNTY and it's agents,employees and/or officers harmless from and shall process and defend at it's own expense all claims,damages,suits at law or equity,actions,penalties,losses,or costs of whatsoever kind or nature,brought against the COUNTY arising out of,in connection with,or incident to the execution of this AGREEMENT and/or the Applicant's performance or failure to perform any aspect of the AGREEMENT. Provided,however,that if such claims are caused by or result from concurrent negligence of the APPLICANT and the COUNTY,it's agents,employees and/or officers,this provision shall be valid and enforceable only to the extent of the negligence of the APPLICANT,and provided further,that nothing herein shall require the APPLICANT to hold harmless or defend the COUNTY from any claim arising from the sole negligence of the County's agents,employees and/or officers. 16. In the event that any party deems it necessary to institute legal action or proceedings to enforce any right or obligation under this AGREEMENT,the parties hereto agree that any such action or proceeding shall be brought in a court of competent jurisdiction situated in King County,Washington. 17. It is the APPLICANT'S responsibility to notify King County of any change in address,phone number,or change of ownership of property. It is the APPLICANT'S responsibility to arrange for replacement of any/all financial guarantees prior to the time that a change of ownership occurs. The Applicant,as indicated in this AGREEMENT,shall remain responsible for all terms of the agreement until such time as a new owner shall replace she financial guarantees and complete any other documents as required by the County. RELEASE REQUIREMENTS:This AGREEMENT shall remain in effect and the associated financial guarantee shall not be released until all terms of this AGREEMENT have been completed to the satisfaction of the COUNTY. IN WITNESS THE OF,the parti s hereto have executed this AGREEMENT as of the day and year first above written. APPLICANT 11 0 By • Title Date o Received for the COUNTY by Date stn.Inc pouf IuSE JNl A07BN404 3 �" - .»a:;.>-f iry• rt.'ram. _;;r - - `.. --j King County • King County w' ,. -.s.Mts.U' yai::.... ..__u.w.....a;t' ...., Department of Development and Environmental Services 900 Oakesdale Avenue SW Renton,WA 98055-1219 Financial Guarantee Activity No. A07BN404 Bond No. 04422/18 Name of Project Rathinam Short Plat Location/Address of Project Parcel 6198400180 Bond Project No. L04S0003 Amount $6,000 We Charter Dams, Inc. ,as Principal and Intematiaral Fidelity Insurance Can nriy a corporation organized and existing under and by virtue of the laws of the State of +T Jersey and legally doing business in the State of Washington,as Surety,are held and firmly bound unto King County,State of Washington,as Obligee,in the penal sum of Six Thousand and 0/100 dollars for the payment of which we firmly bind • ourselves,and our legal representatives,successors and assigns,jointly and severally. THE CONDITION OF OBLIGATION is that: 1. The Principal has executed an"Agreement"entitled"Agreement to Install&Maintain Street Trees for a Subdivision",a copy of which is attached hereto and incorporated herein by this reference. 2. Under the provisions of the Agreement,the Principal is required to furnish a guarantee to secure the Principal's compliance with the terms of the Agreement. 3. This Surety Bond is intended to secure the Principals'performance of work and payment of fees in accordance with the associated Agreement. IT IS FURTHER EXPRESSLY PROVIDED that: 1. Until written release of this obligation by King County,this bond may not be terminated or cancelled by the Principal or Surety for any reason. 2. The obligation of the Surety shall not be discharged or affected by any extension of time for the Principal's performance of this Agreement or by any amendment of the engineering plans used for construction of the project. The Surety hereby waives notice of any such extension or amendment. The obligation of the Surety shall,in no event,exceed the penal sum hereof unless the Surety has expressly consented to any change,modification or. extension of the Agreement and has issued its written adjustment of the penal sum,signed by the Principal and Surety. 3. Upon failure of the Principal to perform any of the terms of the Agreement,The Surety shall either perform the terms of the Agreement or shall tender to the County the amount which the County estimates necessary to effect compliance with the terms of the Agreement. The County estimate may not be challenged or otherwise disputed by the Principal or Surety. Any funds provided by the Surety in excess of that expended to remedy noncompliance with the Agreement will be returned to the Surety upon completion of the remedial work and payment of outstanding fees. 4. In the event that this project becomes part of an incorporated area,King County may transfer its rights and obligations under this Surety Bond and the associated Agreement to any successor jurisdiction without notice to the Surety or Principal. The rights and obligations under this Surety Bond are for the exclusive benefit of King County. Except as otherwise expressly provided herein,the rights and obligations of King County under this Surety Bond may not be assigned,hypothecated or transferred for any purpose. It is the PRINCIPAL'S(as APPLICANT in attached Agreement)responsibility to notify King County of any change in address, phone number,or change of ownership of property. It is the PRINCIPAL'S responsibility to arrange for replacement of any/all financial guarantees prior to the time that a change of ownership occurs. The PRINCIPAL shall remain responsible for all terms of the agreement until such time as a new owner shall replace the financial guarantees and complete any other documents as required by the County. A07BN404 Page 1of2 r . Page2of2 PRINCIPAL: SURETY: Charter , Inc. In ticnal Fidelity Insurance Company By: 12/5/07 Bv: 12/5/07 Signature Date Signature • Date it re4fl\2 Rama Palacids Title Title Attorney-in--Fact Mailing Address Mailing Address .Union Street, quite 5100 H)Pax 370 Seattle, WA 98101 Seattle, WA 98111-0370 206-322-4393 2(6-1141-6300 Phone Number Phone Number PLEASE ATTACH A POWER OF ATTORNEY FOR SURETY AND COMPLETE THE FOLLOWING FOR THE PRINCIPAL State of Washington,County of King I certify that I know or have seen satisfactory evidence that h'l Y k � �(� ✓� signed this instrument and acknowledges it to be his/her free and voluntary act for the uses and purposes mentioned in this instrument. (Notary Seal or Stamp for Principal) Dated: ,,,,`tl / .,,,� Signature of Notary Public: U v ° Q�`���9510n E�.A�� � �(�v Title: �O OIL GG r� r tti h'U ci TARS N A My appointment expires: t ( Z`�( s PUBLIC; OF WpS ,Ili',, Financial Guarantee Activity Number: SURETY.doc(10/99) AO7BN4 / 4 . .. ..... . . ,I,E..,!;••••••!, -.:.•:-.,-:-L! ::.:i-:.:-,••-•"-----'••••-c,,.:-, .,:ji-s•i•:•;:":::. ,-,:,..::'-,.,•--.-••••,i:',- •,_,';'..,'-; ..;:',.-.-,-;-•.4?.,=-;::-; -...:;'.:::•.:-'','..*:-%E.::. ,:..::,---:,- :-:•:-:-,,,,,---;•••••.!:::.. -.-•,-:..-':<--.::.. :-:.,-:,,••.:;. ,"':',";.••'''''••••':• •!;"- •.• ••Tel•(973,524 ."".;;..-:,;. .-•. .:.-, :,•-.. . . .... f )WEP:.OF ATT NEN ..'.- . • . — .. •..'!-: '...1,'.• •'::' '''':' 1.ATERNATI"ONAL.:- FIDELITY -•. -SURAN-• •---:.' C;E COMPANY '-'-":•:•:' •'.... •..:!... : ---: :.•:• .,!;•,•-,,,..--, :- r::..: :;:.::, i:'.:., c'...:-HOME OFFICE 'ON NtWARKCWItR,'2UTFt.FF:.00R.: '.':.•• ' ''.• ••••,•1....:::, '•:'::::. 'L.;:„.•:.::. ::::: •..; _: :. ...., .,..• i.,... „........-..:, .:.....,..„,.. .:•••••..•.• ..- :-.• . -,. '''.' .:..••. .„ ... •,.. . .... . . . ...: . ,.. ."-„'•:'•••;,•KNOW ALL MEN BY THESE PRESENTS ThatINTERNAIIONAL.FDDELITY INSURANCRCOMPANY;,:a.corpritatirm.rrgaidzed.attdexistine.- '-:, '-:••• laws of the State of NeviJersey,..PnrIliaving its principal office hi the City Of NeWark,New fersey,.thiesAierebY,cthiatituthand'appoith :::' :-•''';,,..',-, ......1 ".,: -.•• -- '•-• ''-1. -• ' .••:" '''- " -, " '' .. '. ••-',' ' • MARY A.DOBBS,HEATHEk,'ALLEN;'STEVEI\i'W...PALIVIE9 DAVID:I.PQRSY.Til;:HOLLY.E:*.ULFE9.S;.' ROXANA PALACIOS - ., .•,..:. ,. '• -• '.1' •'-' . .. ... „ ,, .,... ..:. :.... -::.... ...,. r... •,. „, .... ..., .,. . v. .. . .-..' Seattle WA ---..-• .• . . -..•- , •,.. :.::.. . ..,.... ...,:,....., . . .. . • its true and lawful'aitorney(s)-in-fact to execute,seal and deliver for and on its behalf as surety,any and all bonds and undertakings;'contracts of indemnity and; •.• other writings obligatory;in the nature thereof,which are or may be allowed;required or Permitted bYlaw,.sratCre,:rule,regulation,contract or otherwise,and. •, ' the.execution,of such iristrument(S) in:pursuance of these presents,.shall•be as binding_upon.the'said,INTERNATIONAL FIDELITY INSURANCE '• •••CONIPANY,':as--fully•and amply,to all intents'and purposes,as if the same-hadtheen duly executed and acknowiedged.by its regularly elected:officers:at its principal office , . ._ . . . . •' '' '- - • ....'-'-'' .'. ..,-- .: .... ';.: ...r: ...' -.,"• •' . ' ' ' .This Tower of:Attorney is executed,and may be.revoked,pursuant to and ty authority of Article3-Section-3,•!of the'BY.:.Laws adopted by the Board of .. . Directors of INTERNATIONAL FIDELITY INSURANCE COMPANY at a meeting called and held:On the.7t11.:clay of February,1974.. • •---- -- - - .. ' - -- • - - • •. , . .. . . :.. .. ... ..: . . ... . . . . • ..:. The President or any Vice President Executive Vice President,,Secretary or Assistant Seeretary,Shall have power and authority ...-.. ', ' .,, • ••• ' •• .•. . -• ... :::._•,.. •„.. :... '•' (I)To appoint Attorneys-in-fact,and to authorize them to execute on behalf of the Company,and attach the Seal.of the Company thereto,bonds and, undertakings,contracts of indemnity and other writings obligatory in the nature thereof and, •;.", -.. ...,:.:: . . . • . . . . .••.-.. .. (2)To remove,at any time,any such attorney-in-fact and revoke the authority given.,--• " ' . • • • Further,thisPovier of Attorney is signed and sealed by facsimile pursuant to resolution of the Board of Directors'ofsaid Company'adopted at a meeting - duly called and held on the 29th day of April;1982 of which the following is a true excerpt: . ... . • • . . . . .- . • • • • Now therefore the signatures of such officers and the seal of the Company may be affixed to any such power of attorney or any certificate relating thereto by - facsimile,'and any such power of attorney or certificate bearing such facsimile signatures or facsimile seal shall be valid and binding upon the Company and any' • such power'so executed and certified by facsimile signatures and facsimile seal shall be valid and binding upon the Company in the future with respect to any bond or Undertaking to;which it it attached. . • . .,,,,,tvIT Y-08 •IN TESTIMONY WHEREOF,INTERNATIONAL FIDELITY INSURANCE COMPANY has Caused this instrument to be 6.. • signed and its corporate seal to be affixed by its authorized officer,this 29th day of August,A.D.2003. '' -• • i ''cs.CP ti-R1):4:4?.*_ '' . . . . ' • --.INTERNATIONAL FIDELITY INSURANCE CO Y cm _ 171 • . . . „- .,. - . ... • STATE OF NEW JERSEY , ' • :., ,. . .. . . . • , ' • . . -ti. s JViElte* ),* . , cy' - . • ,. /.•.*lo- • . • • '‘... ..1': S.ecreta- • '• -.-- ..:, • . .. . - • - .. , , , •• .. . • .. .. •. ... ., ..., . .-• .. .. , . . . . • .. , • , . ... • . .:.• •- -On this:29th day of August 2003;before me came the individual who executed the preceding instrument,to Me personally'known,and,being by me duly ••• .. r: sworn;said the he lithe therein described and authorized officer of the'' INTERNATIONAL FIDELITY INSURANCE COMPANY;that the seal affixed to --. said instrument is the Corporate Seal of said Company;that the'said Corporate Seal and this'signahire were.duly affixed by order of the Board of Directors'nf said COmpanY, .. . . • . .. -.• .-:: -_-:: . .,..••_.,.:,„::,,•: :::. . • -, . • . ,: -•. , . . „ : • • . . . ,... ..,• .-: ... _ . . , . ....• .•. ..:•: , . ,.• . . . , • • . : . :., - • . ' . --• ,, : . . ., . . . .. . . . .. ••, .: . ..:•. .,• ; ,- . ,„ :.., -• .. . . ' • • ,...... . -. ... ,.: .•.:•: -.••• . - ;. , - .. „ - . . ..., , . .• . • .. .... . -•'•: : ..; kAFIC)". ':: __-.•IN TESTIMONY-WHEREOF,I have hereunto set my hand affixed my Official,Seal-,:•:-,..,. ...... .: ... .... ..' . .. . , - : • ..:. -.,.1?...:...;„.:., '30 . . .:: nt the City of Newark;New Jersey the day and year first above written. ••••;: ....;•:'..:-::. .....' :',: ;.: .. •r•.:' ,., . , . . • • . -.•-• •-..:.. • ,....: •• .. ' ,. • ''.•' CO • NOTARY .' • • .. . ..„.. 7'.'': . --,_ , ..•. .-... ,.. .....',. • .7....,:i. . .. . •.: 33 .. . .. ... . . . P U B L I C...'. : ''.,- : ... . ... . • ''. • .. , , • _ • :: :. -- •-- - .. .-- :-. - - • ' - -CERTIFICATION .'-'• My Commission Expires NottC1r;-2010".•: • • - • • , ::., ... -.. -, -.--, ,- ..•. . I,the undersigned officer ofINTERNATIONAL FIDELITY INSURANCE'COMPANY.40 hereby :that.fhaSre compared the foregoing copy of the• ......' ::... . . . . . .. .H• Power of Attorney and affidavit;and the copy of the Section of the By Laws of said*CoMpany.:as set forth in'aakfPOWerthc Attorney,with.the ORIdINALS ON. ,'.•;:' .... IN THE HOME.DFFICEpFSARI:COMPANY,and that the same are correct transcripts thereof;:ind:of the'.whole'ofthe said originals,and the said Po,wee.',-•""of AttOrney hastiOtireCh`revoketland is tini.v.in full force and effect,..:•:'....,: ,.. .. .:,......,.. ..., „,.... --•::.• •••••••••• •- .. ,.......:. . •- .... . •.:!."'.•' ••••ffifitS'PIMONY•WIIEF_EOF;i have herethito set my hand-this . .,6-:,:7 day of.::,IQ t i...e--rY.)-.'• •'.. 1...?-'•-• ..• .:.-..?•'• .-... ... • .• ..• ,.. . .,, .., .... ..,, .... ..:-. -- -- •- ....••••• . • .. . ... . .. . .._ . . . . . . ... . . .. ::‘..: ... e. . , •.., ... „., , .. ' .. . .:' '..• ... ...• .:.. .. '. - -',''.., •• '. — • : — . . . . .... „..., . —....- .,:.••::- . • ,•• . • - .. . . ,.. , ... .. .. -1•-.•. ,.•,-,., . , . '.._':::'..,-...-: '' '. .,•••'•'—• _ . , _. •. .., . ... .. . , • . . . , . • . . • ' • • . • • • • • . . . . . . . • . . ' • • • . • . .- • • • • ' . • ' • . • b ;G EEM . T?TO INST-AL`L.& ` KingCauntyOH' - t,;:MI"gINTYAIN'S:IGN:1,F-1.CAN;T:'`T.REES'{' Department of Development and Environmental Services �. ;' =;�`;:y" 900 Oakesdale Avenue SW :; ^ f�+ Renton,WA 98055-1219 • APPLICANT'S Name APPLICANT'S Address ST tS/06 GI/ Girt re, • Garter limes, Inc. S��77-lr 44c. 9 8'U/ ACTIVITY Number Project Number and Name AO7BN411 L04S0003—Rathinam Short Plat Guarantee Amount Site Location/Section $14,769 Parcel 6198400180 This AGREEMENT is made and entered into this S day of`1242e.a..44 lot r ,20 el between the King County Department of Development and Environmental Services(or its successor agency),hereinafter called the COUNTY,and the above named applicant,hereinafter called APPLICANT. Basis for AGREEMENT: WHEREAS the undersigned APPLICANT wishes to develop the above-referenced project,and WHEREAS the COUNTY will grant final plat approval upon agreement by the APPLICANT to,among other project requirements,comply with all terms of this AGREEMENT; NOW THEREFORE,the APPLICANT hereby agrees and binds itself and it's legal representatives,successors,and assigns,as follows: Terms of the AGREEMENT: I. Prior to recording of the subdivision,the APPLICANT shall provide the COUNTY with a financial guarantee in the amount and in a form approved by the COUNTY in order to secure the APPLICANT's compliance with terms of this AGREEMENT.The guarantee shall remain in force and effect until written release by the COUNTY. The APPLICANT's obligation to perform work and pay fees or other amounts is not limited to the amount of the associated financial guarantee. 2. The APPLICANT shall,within two years of the final plat approval,install all required significant trees in full compliance with the approved landscape development plans,including any approved amendments thereto. Significant trees shall be planted and completed in conformance with the approved Significant Tree Retention plans and specifications and the COUNTY Standards. All planting shall be performed in accordance with accepted practices,in good soil with adequate water available.The APPLICANT shall notify the COUNTY in writing when all significant trees are implemented in accordance with approved Significant Tree Retention plans. 3. The County must approve(in writing)any APPLICANT proposed change of work from the approved Significant Tree Retention plans prior to the APPLICANT beginning such work. 4. The APPLICANT shall fulfill all other requirements of King County Code Title 21A,and adopted ordinances in connection with significant tree improvements,even if these requirements are not set forth specifically in this AGREEMENT. 5. The APPLICANT shall complete all significant tree installation work requirements with due diligence. The COUNTY may extend the time limit for compliance up to six months when the COUNTY has determined that circumstances beyond the control of the APPLICANT warrant an extension. 6. The financial guarantee shall be required for a minimum period of two years after King County has inspected and approved the planting or transplanting of trees. This time period may be extended by one year by the director,if necessary,to cover a planting and growing season. 7. The significant trees shall successfully grow and remain attractive,free of disease and defects in workmanship and materials for a period of two years from the date of satisfactory installation.The APPLICANT shall prune and trim all significant trees to maintain:a healthy growing condition or to prevent primary limb failure and replace all dead,diseased,damaged or stolen trees within three months or during the next planting season if the loss does not occur in a planting season. 10. If,at the conclusion of the two-year period,the COUNTY,at its sole discretion,determines that the significant trees are not in a well-maintained condition,the APPLICANT or Guarantor shall perform prompt and adequate maintenance. In the event this maintenance is not done,by either the APPLICANT or Guarantor,within a time period as specified by the COUNTY,the Guarantor shall,upon demand,tender the total guarantee amount to the COUNTY. After performing the maintenance,the COUNTY will return any unexpended funds,without interest,to the Guarantor. I I. The APPLICANT shall be obligated to take corrective action or make repairs,as described above,which obligation shall not be limited by the amount of the financial guarantee. 12. The APPLICANT shall reimburse the COUNTY for all-actual direct and indirect costs necessitated by this AGREEMENT including but not limited to plan review and inspection fees pursuant to Title 27A of the King County Code and corrective work or abatement. 13. The APPLICANT hereby grants the COUNTY the right to enter and inspect the project site and,in the event of any failure to comply with terms of this AGREEMENT,to implement such corrective measures as the COUNTY deems necessary. 14. The APPLICANT shall be responsible for the proper performance,safe conduct and adequate policing and supervision of the project. This responsibility shall not be lessened or otherwise affected by the County's approval of plans,specifications,or work,or by the presence at the work site of the County's representative(s),or by the compliance by the APPLICANT with any requests made by said representative(s). 15. The APPLICANT shall indemnify and hold the COUNTY and it's agents,employees and/or officers harmless from and shall process and defend at it's own expense all claims,damages,suits at law or equity,actions,penalties,losses,or costs of whatsoever kind or nature,brought against the COUNTY arising out of,in connection with,or incident to the execution of this AGREEMENT and/or the Applicant's performance or failure to perform any aspect of the AGREEMENT. Provided,however,that if such claims are caused by or result from concurrent negligence of the APPLICANT and the COUNTY,it's agents,employees and/or officers,this provision shall be valid and enforceable only to the extent of the negligence of the APPLICANT,and provided further,that nothing herein shall require the APPLICANT to hold harmless or defend the COUNTY from any claim arising from the sole negligence of the County's agents,employees and/or officers. 16. In the event that any party deems it necessary to institute legal action or proceedings to enforce any right or obligation under this AGREEMENT,the parties hereto agree that any such action or proceeding shall be brought in a court of competent jurisdiction situated in King County,Washington. RELEASE REQUIREMENTS:This AGREEMENT shall remain in effect and the associated financial guarantee shall not be released until all terms of this AGREEMENT have been completed to the satisfaction of the COUNTY. IN WITNESS THERE ,t e p ies hereto have executed this AGREEMENT as of the day and year first above written. APPLICANT Pit(k÷ la I ) By Title Date Received for the COUNTY by Date significant tree lusd 10/03 AO7BN411 • 7 S`.IIRETY'rBON`D` King County �i�;ft�'- �;;>°':,rig,<?�.3s�3v Y ':',<t '�;<`s Department of Development and Environmental Services 900 Oakesdale Avenue SW Renton,WA 98055-1219 Financial Guarantee Activity No. AO7BN411 Bond No. 0442249 Name of Project Rathinam Short Plat Location/Address of Project Parcel 6198400180 Bond Project No. L04S0003 Amount $14,769 We Glarter Hares, Inc. ,as Principal and International Fidelity Insurance Ccn nny a corporation organized and existing under and by virtue of the laws of the State of Itw Jersey and legally doing business in the State of Washington,as Surety,are held and firmly bound unto King County,State of Washington,as Obligee,in the penal sum of Fourteen Thousand,seven hundred sixty nine 0/100 dollars for the payment of which we firmly bind ourselves,and our legal representatives,successors and assigns,jointly and severally. THE CONDITION OF OBLIGATION is that: 1. The Principal has executed an"Agreement"entitled"Agreement to Install and Maintain Landscaping in Compliance with an Approved Significant Tree Retention Plan for a Subdivision,a copy of which is attached hereto and incorporated herein by this reference. 2. Under the provisions of the Agreement,the Principal is required to furnish a guarantee to secure the Principal's compliance with the terms of the Agreement. 3. This Surety Bond is intended to secure the Principals'performance of work and payment of fees in accordance with the associated Agreement. IT IS FURTHER EXPRESSLY PROVIDED that: 1. Until written release of this obligation by King County,this bond may not be terminated or cancelled by the Principal or Surety for any reason. 2. The obligation of the Surety shall not be discharged or affected by any extension of time for the Principal's performance of this Agreement or by any amendment of the engineering plans used for construction of the project. The Surety hereby waives notice of any such extension or amendment. The obligation of the Surety shall,in no event,exceed the penal sum hereof unless the Surety has expressly consented to any change,modification or extension of the Agreement and has issued its written adjustment of the penal sum,signed by the Principal and Surety. • 3. Upon failure of the Principal to perform any of the terms of the Agreement,The Surety shall either perform the terms of the Agreement or shall tender to the County the amount which the County estimates necessary to effect compliance with the terms of the Agreement. The County estimate may not be challenged or otherwise disputed by the Principal or Surety. Any funds provided by the Surety in excess of that expended to remedy noncompliance with the Agreement will be returned to the Surety upon completion of the remedial work and payment of outstanding fees. 4. In the event that this project becomes part of an incorporated area,King County may transfer its rights and obligations under this Surety Bond and the associated Agreement to any successor jurisdiction without notice to the Surety or Principal. The rights and obligations under this Surety Bond are for the exclusive benefit of King County. Except as otherwise expressly provided herein,the rights and obligations of King County under this Surety Bond may not be assigned,hypothecated or transferred for any purpose. It is the APPLICANT'S/PRINCIPAL'S responsibility to notify King County of any change in address, phone number,or change of ownership of property. It is the APPLICANT'S responsibility to arrange for replacement of any/all financial guarantees prior to a change of ownership occurs. AO7BN411 Pagelof2 Page 2 of 2 PRINCIPAL: SURETY: Charter .. - le Sta. tif a� l '1U '�t�y i .- Cagy $�NtlJ (t1 Uvt/ BY: 12/5/07 12/5/07 Signature Date Signature Date Roxana Palacias, Attorney-irr-Fact Title Title J Mailing Address Mailing Address 601 Unicen Street, Suite 5100 10 Box 370 Seattle, WA 98101 mottle, WA 98111-0370 206-322-4393 206-441$300 Phone Number Phone Number PLEASE ATTACH A POWER OF ATTORNEY FOR SURETY AND COMPLETE THE FOLLOWING FOR THE PRINCIPAL State of Washington,County of King I certify that I know or have seen satisfactory evidence that Yin a r le- e-�— signed this instrument and acknowledges it to be his/her free and voluntary act for the uses and purposes mentioned in this instrument. (Notary Seal orStamRt ;PirippPap Dated: I2( c 6 ( owl „N,tte A,..sslottF+ �F; Signature of Notary Public:05)440 • NOTARY:9 = Title: /V 6 r-0 ter:PUBL• C Z : My appointment expires: ,�F Wp1/4s0 ,0% l,,,,,,,,o Financial Guarantee Activity Number: SURETY.doc(10/99) A07BN411 .: Te1.071y,.62 ,'!'::,-'..'7. :-. ',-. •:,...'1 ..:)WER OF•Alr, 'MY ,.. ::,..:, .,••,, • .,,...., .•:.; INTERNATIONAL:FIDELITY-INSURANCE COMPANY .I. :,:q• :•:-:<'.,',:..': '.;:i."•. •'•',:.-1.....,-,--' :,' •• - . 'HOME OFFICE:ONE NEWARK: ENTER,,:2PTZt.FLOO13. .., ...''' '::-. -'.'••••:.;."..' '''' C:•.:'•••• .' 1-7 ,.': ..]:,...,,;-.. •••,...-..•••••:.,. '."'.....-- . -- - .:,..:. .-•::. .. •.::, .•:,. .-.. ‘-, !.. :•,:.'KNOW ALL MEN BY THESE PRESENTSi, That INTERNATIONAL INSURANCE COMPANY a corporation organized and:existing... .:- •• : laws of'the State of New Jersey and having,its principal office in the;City,of NeWark,New Jeraey:doeafierebycOnstitute and appoint •,.: -{!•:',..,'F',. , •::. -. <. . .:.. ..- : .,•, MAizrA.'bOBBS,HEATHER ALLEN STEVEN w:PALMER;DAVID1..EQRStfit HOLLY E.:.ULFERS;',' '',.. "•.' .. • " ROXANA .PALACIOS . .. ,.. ,..„ . .... . . . . • • . - .. : . •:. -.:.:... ..-: ' --.•"',?" Seattle WA. . . . •. . . . - ..., .. . . . .... :. . . • .. :. its true and lawful attorney(s)-in-fact to execute,seal and deliver'for and on its behalf as surety,any..itid all bonds and undertakings,contracts:of indemnity,and --..• otherwritinga obligatory in the nature thereof,which are ormay be allowed,required'or permitted bylaw,stature,rule,regulation-contractor otherwise;and', • the execution of such instrument(s) in pursuance of these presents::shall be as binding.upon the,-.said INTERNATIONAL FIDELITY'INSURANCE ' , - •COMPANY,as fully and amply,to all intents and parposea,as if the same-Matt-been duly executed and acknowledged by its-regularly elected officer§at its ' principal-office:' :.• '• - ' •. . . . . .•... .. . ..This : . . is Power of Attorney is.executed,and may be revoked,pursuant to and by authority of Article 3-Section 3;Pf the'BY:Laws adopted by-the Board of . . • Directors of INTERNATIONAL FIDELITY INSURANCE COMPANY at a meeting called and held'on the 7th day.of February,1974.• . . . . .. • •• The President any Vice President,Executive Vice Secretaryor Assistant Secretary,shall have power and,authority ' -- • ' ' (1)To appoint Attorneys-in-fact,and to authorize them to execute on behalf of the Company,and attach the Seal of the Company thereto;bonds and undertakings,contracts of indemnity and other writings obligatory in the nature thereof and, . . . ,• . ... ., , . •, . • . • (2)To remove,at any time,any such attorneY-in-fact and revoke the authority given.: • '-,,. !„ : ' ' - ; • Further,this Power of Attorney is signed and sealed by facsimile pursuant ta resolution of the Board of Directors'of said Company'adopted at a meeting • duly called and held on the 29th day of April,1982 of which the following is a true excerpt: ,. - • • , - Now therefore the signatures of such officers and the seal of the Company may be affixed to any such power of attorney or any certificate relating thereto by facsimile,and any such power of attorney or certificate bearing such facsimile signatures or facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by facsimile signatures and facsimile seal shall be valid and binding upon the Company in the future with respect to any bond or undertaking to which it is attached. tkAT Y 0 IN TESTIMONY WHEREOF,INTERNATIONAL FIDELITY INSURANCE COMPANY has caused this instrument to be sf' signed and its corporate seal to be affixed by its authorized officer,this 29th day of August,A.D.2003. 'C. V°R/ ' 4' •/:.:4o'. ' INTERNATIONALTEDELITY INSURANCE CO NY • en - ' m ., . .1904.1... c, STATE OF NEW JERSEY IP 41V-JEV * • • Secretar „• - .. • . •• . . . , • . , . • . . . . . . .. , • On this 29th day of August 2003,before me'came the individual who executed the preceding,instrument,to Me personally known,and,being by me duly. sworn,said the he is the therein described and authorized officer of the' INTERNATIONAL FIDELITY INSURANCE COMPANY;that the seal affixed to • . ' said instrument is the Corporate Seal of said Company;that the said Corporate Seal and.his signature were duly affixed by order of the Board-of Directors of said Company. .- . . ... , , „ . . , . . . . . . ... . . . . . • . , . . • . . , ,• , •,. ...• - , , •- •--- -.,. ..„ '-,. .: VON IV/.. • . . IN TESTIMONY.WHEREOF,I have hereunto set my hand affixed my OfficiaiSeaL, ..." .:.' , • , • - . ,-. , ' ,lii!:-.`'.77 t••• -.. : at the City of Newark,New Jersey the day and year first above written. '.'... :-„:..•.' ,.., . - , .'• :.., ..,- • - JE A NOTARY PUBLIC OF NEW JERSEY CERTIFICATIoN . . . .... . , •:. CO.:;:NOT A R Y "t,,.. -: .•' • .. . . . . . ... .,.. . ' • . . . •,.; --- -P.UBLIC.:•.:...?:). . ' ' ' ': • . . . . . . , ... .... . • . „ ... . — •.*-:•.; .Corruniaaion Expires NoVf.-21;201.9 ,•: ,.: ,,'; • . •: :. • • . .,. r .. i.,.:1,.the undersigned officer of INTERNATIONAL FIDELITY INSURANCE COMPANY hereby„.'certify.that-thaye compared the.faiegning copy of the: '• Power of Attorney and affidavit;and the copy of the Section of the By Laws of said Company as set forth in said Power of AMMO-,WitfftheORIO1NALSION IN THE HOME OFFICEOF.SA1D COMPANY,and that the same a.m.correct tripscripta,thereof,,Pnct of the',wheile of the said originals;and that the said Power... . . of Attorney has not"beeri'revokedmid is inny:in full force and effect,:'.• • ,....•-i,..::,. ...,,,,:...,.....„ . ,i,.... . .... - ,-,--7. eCe.,nl .0(.,,:. 04. .. :.:.1:.-.y . . .....-.. .,,"..-,.••-::v., , IN TESTIMONy:WHBREOE,,I:4Aye hereunto set my hand this ,,•F:rh.:-:::..:day of::.:,. . . ...,,,,,..-/f<20 .. , .... . „ 4e4Cdt.,1 401C-ee9---. .. . . , • • • •• . : • <.. . • < •-: '. .,..: ,• ..".-. • . . . . .. . -••• . . : . •• • . . • . • . . •. . . .• • •. . . . . • . • . . . • , . • . . , . . , . • ' ., . ' .