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Home My WebLink AboutLUA09-020-Surety 6 T1071:19O;',r1 ; 40 llaitd,liltr1:' fr. ,i 7> 4;4i _ _ _ i___ ___ —_ ___ Project:ILUA09.020 Address: 16802 104TH AVE SE REN trAtrftStatus:'RECORDED APPLICANT:'NELLIS,DARIE � :"`s� .. .} "a` ru ; +''" 4"' 's r''•' 7 Backstop r 4,0f � cr} rye'�4 r'v z f 4 --, Date: 02/10/2009 Notice:2Year±L6fl4'Slatu Bond i1,40,BNli4 tor reainrer lax eofF��c/ +' 4 s> i„, A + s ,r, a i RIrr I r L is t e m � . - !Reidl Screen Fees Desc People Loc Cued,LIHIN Relate Doc Apr Events Images 1 I 1 i Parcels People Events _ __ _ ___ Work Flow f®' ''a 1= H l il' 410 t ,.•: ' 'File Number Type Text f�a'— ` N734 Add New 0 • �ILLA09-02O` " Noticea 2Year$2$7345trret 9 n.#A07f3N174farmaintenanceaf,R:=.andS 7,50 LUA09.020 "" Notice 2•Year$1,000 Maint.Surety Bond#LC4580 far Street Trees. Expires:Au Update cs Y' 6-1 3'p 3 ' LUA09 020 "' Notice 2 Year$17,914 Maint.Surety Bond#A088N037 for AM&Drainage Facil -4-t)-Lly_.,j. LUA09.020 "" Notice ISSUED CK REQUEST ON 11/16/2009 FOR$790.94 2 B REFUNDED I Delete Refresh \ &/ 1 1 f . Type:'Notice •] Entries marked by"are currently in effect. Text: 2•Year$28,734 Surety Bond It A07BN174 for maintenance of RM and Site Restoration includes i,I $7,500 Cash Bond transferred to the City from King County Feb 23,2009. Expires:Feb 4,2010. See — ' Carrie for release. • Entered By: Carrie Olaon I—Default LHN User Id:COLSON Effective: 2/16/2009 Thru: 12/31/2020 a Entered: 222612009 Back Exit ToolBarOrder —Inheritance Options r Activities Inherit LHN • 'PER1fITS'Plus't 32-Bit ©2008- Licensee:Renton,WA•City Of I Serial Number:6098 Users: A83A V 09-008-L wbdn-dod pmogai at JapA9a T ;uatuaBletp ®Z9Ls®A313A\H;liege,al zasi�i�n LUO AIMM MMM ap�a�}e maimep a Zaipki ! i Op®as aaiad c sasi %sa enbm . I Mike Davis 1 Mike Davis Kingstone Realty NW Kingstone Realty NW 27013 Pacific Highway So., PMB #353 27013 Pacific Highway So., PMB #353 Des Moines WA 98198 Des Moines WA 98198 • Mike Davis Kingstone Realty NW 27013 Pacific Highway So., PMB #353 Des Moines WA 98198 i Wlabp�do-dod asodxa Jaded paad (pisa�eidwai®�Uand asn ®g9I5®,` ��° YCI ®aa�@ 0a®Se pug�:, ♦ s6� 8 deed Ase3 \! AVERY co FREE Avery®Tips, Templates & Software! Balk MotileTips For detailed printing tips for your product,visit:averytom/printingtips •Adjust printer:settings to optimize print quality. •Check the alignment of your printed layout by first printing on a plain sheet of paper.Hold the printed sheet behind the Avery product to check the alignment of your layout.When satisfied with the layout,print onto the Avery product. 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Henning Subject: Request to release 2-Year Street Tree Cash Bond for Nellis Short Plat, LUA09-020, L05S0064 Hi Jennifer, Is it okay to release this street tree bond? 2-Year$1,000 Maint.Surety Bond#LC4580 for Street Trees. Expires: Aug 8,2010. Motivation determines what you do. Attitude determines how well you do it. Lou Holtz Cc,rrt&K. Engineering Specialist Community & Economic Development Dept. 1055 South Grady Way Renton WA 98057 colsonTrentonwa.gov 425-430-7235 Office 425-430-7300 FAX r.44 1 CITY OF RENTON PLANNING/BUILDING/PUBLIC WORKS MEMORANDUM DATE: February 26,2009 TO: Laureen Nicolay,Planning Amber Hoffman,Dev. Serv. FROM: Carrie K. Olson,Plan Review x7235 SUBJECT: NELLIS SHORT PLAT L05S0064/LUA09-020 Laureen: Please find a copy of the agreement and bond listed below for your information. 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. Original Agreement to Install&Maintain Street Trees. Original Surety Bond for 1,200 and Change Rider reducing bond to a$1,000 2-year maintenance bond. Bond expires August 8, 2010. cc: File f F King County Department of Development and Environmental Services 900 Oakesdale Avenue Southwest Renton,WA 98057-5212 206-296-6600 TTY 206-296-7217 www.kingcounty.gov August 8, 2008 Mike Davis Real Estate Sales e Attn: Johnathan Harkovich , . ' '' o 1201 Monster Road SW, #320 Renton, WA 98057 4914-e ? 9.47, RE: Street Tree Financial Guarantee Reduction L� DDES File Number: L05S0064 Project Title: Nellis Short Plat Dear Mr. Harkovich: The compliance street tree installation inspection for the above-referenced project was completed. Based on this inspection, it has been determined that the street trees have now been installed per the approved plans and King County Zoning Code 21.51.070. Therefore, we are reducing the following performance financial guarantee: Street Tree Performance surety bond, number LC4580, in the amount of$1,200, issued by Contractors Bonding and Insurance Co., to Mike Davis Real Estates Sales, Inc., DDES activity number A08BN023. By copy of this letter, King County hereby requests your surety company to issue a rider reducing the bond amount from $1,200 to$1,000 and changing it from performance to maintenance. The remaining balance of$1,000 will be held as a two year maintenance financial guarantee. $1,000 is the minimum amount to be held on the financial guarantees. After the street trees have been maintained for two years, we will perform a maintenance inspection. If the trees have been successfully maintained for the two-year period, we will process the release of your maintenance financial guarantee. If you have any questions regarding this reduction, please contact the Finance billing hotline at 206-296-6659 or email fgmu.ddes(cr�kingcountv.gov Sincerely, ory Finance Manager cc: Contractors Bonding and Insurance Co. Steven C. Townsend, P.E., Supervising Engineer, DDES Land Use Inspection Section ATTN: Jeff Pray, Project Manager, DDES Land Use Inspection Section Financial Guarantee Services I. King County SUBDIVISION, SHORT SUBDIVISION AND PLANNED IT DEVELOPMENT <��,i�;:,r�3s'i'`�.y,�:«;:;..: i>�_,. =l;.i:s �'r`�,�,,,>.,iw;':;,3;'.' tzJ+:F:t' '.�i'?�?"'.';•��t,�•y; Department of Development ; u, - r:• `_ '` "" and Environmen tal Service , �� ,,�� ;_ ��,• _ � � ._.�.::Y``''3.��:'ri. ,, � ;I'� 900 Oakesdale Avenue Southwest L ; ° u O , `'sE °n:4 , Renton WA 98057-5212a, ` .r : c ` � �<-;,r,». > `,�S'y�"•':� 206-296-6600TTY 206-296-7217 ;>.. :_ . :�,:..:.: s>, .., ;,"<:> s,:,;; >, •.. .. a '`"i Y 1=-_:' _ www.metrokc.gov p JU Within the City of: Renton L 2 3 2008 KING COUNTY • FGMU Project Name: Nellis SP Project No. :L05S0064 Address: 104th Ave SE & SE 168th St. C'Crr-') :7.1fStreet Tree Inspect Activity No. : L06SI184 On July 14, 2008, it was determined that the street trees required for the project listed above have been installed. The minimum 2 year maintenance period as required by King County Code shall commence on July 14, 2008. • • FINANCIAL GUARANTEE INFORMATION • • If you have questions concerning the status of the financial guarantee, please contact the Financial Guarantee Management Unit at 206-296-6659. Posted Type Amount • Financial Guarantee Activity. No. : A08BN023 Street Tree -$1200.00 • • KING COUNTY REPRESENTATIVE Inspector: Mike Meins te: July 14, 2008 • Eng. III Initials: Date: DEVELOPER REPRESENTATIVE I rr Name: Mike.Davis Real Estate, Attn. : Johnathan Harkovich Street: 1201 Monster Road SW #320 City: Renton State: WA Zip: 98057 Original:Developer Copy 1: FGMU Copy 2: File Copy 3: Inspector S/forms/current forms/StreetTreeInstallAprvl.doc 09-14-06 • /WK6 - oa,3/ (65,� y Rome Office: BON 1213 Valley Street iIiit CHANGE RIDER P.O.Box 9271 Seattle,WA 98109-0271 For the CBIC branch INSURANCE nearest you,call toll-free: t� ,� (888)283-2242 2—U ®9 `r® C (888)293-2242 FAX D TO BE ATTACHED TO AND FORM A PART OF BOND NO. LC4580 0 @�O sEP � Lin ISSUED BY Contractors Bonding and Insurance Company 2 ?00d U ON BEHALF OF Mike Davis Real Estate Sales CO,, PGMu rry in favor of: King County DDES IT IS UNDERSTOOD AND AGREED THAT THE FOLLOWING IS CHANGED TO READ AS FOLLOWS: Bond Amount (:;:z.: ,7 FROM: V '�`-JJ U - $1,200.00 TO: $1,000.00 THIS COVERAGE IS TO BE EFFECTIVE August 8 , 2008 SIGNED,SEALED AND DATED THIS 13th DAY OF August , 2008 CONTRACTORS BONDING AND INSURANCE COMPANY V ✓! ATTORNEY-IN-FACT Daiwa M y } • • • • fbi • Home Office: cC 1213 Valley Street PO Box 9271 • Limited Power of Attorney Seattle, WA 98109 0271 INSURANCE (206) 628-7200 KNOW ALL MEN BY THESE PRESENTS that CONTRACTORS BONDING AND INSURANCE COMPANY,a corporation duly organized and existing under the laws of the State of Washington,and having its principal office in Seattle,ICmg County,Washington,does by these presents make,constitute and appoint DALENA MCKAY,of Seattle,Washington,its true and lawful Attorney-In-Fact,with full power and authority hereby conferred in Its name,place and stead,to execute,acknowledge and deliver on behalf of the Company any and all bonds and undertakings of suretyship given for any purpose,provided,however,that no Attorney-In-Fact shall be authorized to execute and deliver any bond or undertaking that shall obligate the Company for any portion of the penal sum thereof in excess of$6,000,000,and provided,further,that no Attorney-In-Fact shall have the authority to issue a bid or proposal bond for any project where,if a contract is awarded,any bond ot undertaking would be required with a penal sum in excess of$6,000,000;and to bind the Company thereby as fully and to the same extent as if such bonds were signed by the President,sealed with the corporate seal of the Company and duly attested by ifs Secretary;hereby ratifying and confirming all that the said Attorney-in-Fact may do In the premises.Said appointment is made under and by authority of the following resolutions adopted by the Board of Directors of the CONTRACTORS BONDING AND INSURANCE COMPANY on May 20,2004: RESOLVED that the President of the Company is authorized lo appoint any person as the Company's true and lawful Attorneyin-Fact with power and authority to execute and deliver on behalf of the Company any and all bonds and undertakings of suretyship given for any purpose,subject to such limits as shall be determined by the President of the Company;provided, however,that no such person shall be authorized to execute and deliver any bond or undertaking that shall obligate the Company for any portion of the penal sum thereof In excess of 610,000,000,and provided,further,that no Attorney-In-Fact shall have the authority to Issue a bid or proposal bond for any project where,if a contract is awarded,any bond or undertaking would be required with penal sum in excess of 510,000,000.My Attorney-in-Fact authorized to execute a surety bond or undertaking may also be authorized to execute any consent mother documentation Incidental to said bond or undertaking,provided such document does not obligate the Company in excess of the Ibnit set forth above. RESOLVED FURTHER that the authority of the Secretary of the Company to certify the authenticity and effectiveness of the foregoing resolution in any Limited Power of Attorney is hereby delegated to the following persons,the signatore of any of the following to bind the Company with respect to the authenticity and effectiveness of the foregoing resolutions as if signed by the Secretary of the Company:Terry N.Thompson,Luther L.Hicks,William K.Barbour,Diana Hollingsworth,John T.Pieprzny,Mary Beth Kostyk,Rita A.Miller,Gregory P.Bruno,Dorothy Tarka,Michael J.McVey,Phyllis K.Jeffaries,Will Finan,Wesley B.Hong,John D.Mints,Brian Schick,Eric Sirkin,Chris Rebum,Mark Noma,Wm.Blair Meaell,Julie A.Durkin,Yolanda Untie,Vickie Spence,Mike Castaneda and Maureen Saccb. Provided,however,that no such person shall have the authority to certify the authenticity of a resolution or Limited Power of Attorney document which serves to appointthemseff as Attorney-in-Fact • RESOLVED FURTHER that the signatures(including certification that the Power of Attorney is still in force and effect)of the President,Notary Public and person certifying authenticity and effectiveness,and the corporate and Notary seals appearing on any Limited Power of Attorney containing this and the foregoing resolutions as well as the Limited Power of Attorney itself and its transmission,maybe by facsimile;and such Limited Power of Attorney shall be deemed an original in all aspects. • RESOLVED FURTHER that all resolutions adopted prior to today appointing the above named as Attorney-in-Fact for CONTRACTORS BONDING AND INSURANCE COMPANY are hereby superseded. IN WITNESS WHEREOF,CONTRACTORS BONDING AND INSURANCE COMPANY has caused these presents to be signed by its President and Its corporate seal to be hereto affixed this 286,day of June,2007. •,,,r..tUl,t,,,a CONTRACTORS BONDING AND INSURANCE COMPANY �`% .,�Y/ f'.� (SEAL)8I Don Sirkin,President STATE OF WASHINGTON—COUNTY OF KING ,.I. H nNny a'`,�� On this 28e day of June,2007,personally appeared DON SIRKIN,to me known to be the President of the corporation that executed the foregoing Limited Power of Attorney and acknowledged said Limited Power of Attorney to be the free and voluntary act and deed of said corporation,for the uses and purposes therein mentioned,and on oath stated that he Is authorized to execute the said Limited Power of Attorney. • IN WITNESS WHEREOF,I have hereunto set my hand and affixed my official seal the day and year fast above written. Pi;'%o A J S: tormooly Whenett1.0ehr 116 Notary Public In end for the State of Washington,residing at Seattle +a17t4?0 Wr;40;1, 11 r The undersigned,acting under authority of the Board of Directors of CONTRACTORS BONDING AND INSURANCE COMPANY,hereby certifies,as or In lieu of Certificate of the Secretary of CONTRACTORS BONDING AND INSURANCE COMPANY,that the above and foregoing is a full,true and correct copy of the Original Power of Attorney issued by said Company,and does hereby further certify that the said Power of Attorney is still in force and effect GIVENandarmynandat Seattle, WA this 13th loyal August 2008 PoaDS01.15-US06282007 . ettl:M—,o;A yL" n,r'Z:.',a,-:7'?".: Ns- tirr ,D: • ITANSTREETTREESFOR-'. 4 King Count Department of Develo ment and Environmental Services �'r;;,':..�2''•!�'='-='; B Vj �'•;•,'+' ,`':; 9000akesdale Avenue SW °`%'•"`� _ '(DI.�'"I"l�O'�'� "�t'' Renton,WA 98055-1219 (4 L 1-1 APPLICANT'S Name APPLICANT'S Address /`'/te pmo/50;j5:. d STD.374 ACTIVITY Number Project Number and Name A08BN023 L05S0064-Nellis Short Plat Guarantee Amount l[[[[��)"' Site Location/Section ^� r $1,,f200i,n Parcel 0087000116 f �1J "J This AGREEMENT is made and entere into thist'9gday of?G�f ? ,20 arbetween 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 fmal 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 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,the parties hereto have executed this AGREEMENT as of the day and year first above written. APPLICANT By Title Date Received for the COUNTY by • Date n,ar tree art!Lod 4,ve A08BN023 „SuRE.T King County Department of Development and Environmental Services 900 Oakesdale Avenue SW p Renton,WA 98055-1219 2.- -e)C?--C?er,2.0 l l� Financial Guarantee Activity No. A08BN023 Bond No. LC4580 tt\>))/ Name of Project Nellis Short Plat Location/Address of Project Parcel 0087000116 VOITe\11Bond Project No. L05S0064 Amount 7,100 We Mike Davis Real Estate Sales, Inc. ,as Principal and Contractors Bonding and Insurance Co. a corporation organized and existing under and by virtue of the laws of the State of Washington 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 One Thousand,two hundred 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. A08BN023 Pagelof2 4 Page 2 of 2 PRINCIPAL: Mike Davis Real Estate Sales, Inc. SURETY: Contractors Bonding and Insurance Company Sign u Date Sign ate// Title Title Jeffrey L. Stewart Attorney In Fact 1201 Monster Rd SW #320 C/O McDonald Insurance Group Mailing Address Mailing Address 1 entnn, WA 98097 PO Box_3089 Kirkland, WA. 98083 (425) 228-5959 (425) 897-5974 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 Mike Davis signed this instrument and acknowledges it to be his/her free and voluntary act for the uses and purposes mentioned in this instrument. (Notary Se I or Stamp far P�incip ) Dated: 2•1{•O O Notary Public Signature of Notary Public: State of Washington J ANNE MARIExpirsE uS N6f. / �j Il G My AppoInNllMt Expires Aug 30,2011 Title: pd`7 �u My appointment expires: $• 3O•2,g)l 1 Financial Guarantee Activity Number: SURETY.doc(10/99) A08BN023 "'� eoe �-- - 00o r o°oe - Oo 000 '- o0e ,- - �•- '� 000' � -- - '•fit °°�s- COO o O��p O e p�Yd�e:OI/:.;. ..: °°:-�.. °e°° °O o°' a o°e r--'- ° • e e.:, C OOPe°•6{ °°°O°°°o °O°O O O°O p�OO°O O O°O=1.1 Je°J a o°e°..—.°O•°°°O e° °e°O OO°e° OO J°°°o00�O°°e°O e°.+°=.eo o°O e'J- 'e°OO°e^oo Oo°ee•0:=".°eP:e^'O e O O •�O°e�e°O °�eooq�s°eqe Jp o°o o°e°�a °°°°o°o°o°e a°qo•�.a°o°o°o•°°i oe.••.io°o°o°o°;tit a ai,.�..o°Q o°a°.°e o°oe�e°o i a°o°o°o°q°a+r:°°o a°o°o i°ems:°a°o°.°o e°o�°o°o°•°o°q o°ovo°oo°o%o°°moo o a°o o o°o••�••°°oe°o°J°e o°Oc-o•Oo°o°o°eo° o°o i�e••oe° °eaga•O;•q;Pooplifi�°do°o�0°0e°°°0°0°e°O°c°:moo°0e0°0°0°0°iiiiio°op°0°e°0°0°e°t,40°0°0°0°0°0°°Oe�o°0°0°0°0°0°0°°ago.°0°0°e°0°0°0o;ep00°0::0°0°°°:t°e°00°g000orylpPO°oge°00°5 oa°OO00000i fi °0°e°°Oo:c.•.op°0$°op0100°O;oAO••oe° �•r °op••�i°e�•p°OQe004C0oo�°app0o°OOC°°•;°p°yQp°°OOgpo••pype°°ed0°p°•°p°oeeP00e0po•ooy°QQ000°°e°o•°�0°Qe0000 i°••J°P°o0ed00o°o•c°QOoeOC°°00°ono°p°Q°OOOe°0o°a*o°p°00000°0°ei°::o°0o°Q°o0e°0°d°pow°°°e°0°0°QO°e°0°0::°°0e°°°•••0° t' - °�°°Q+i9 S.P.ot°°Qo99t99tfd°°§0ittttP.o°'°01M9P94°'°oi94 9tfto°"09 t t.9Po°"ooiMff Po °$Ot99tiffte°Otilt9t.tt°o °$OQ9tt 9fto Oiitli fP°o.Itilit99fto Qoititt'fP°io°'0;::'°° ;;.., u • 1 `• _r. 0°ei°i oa- .• BONDS ':' -,, • • 1. .. • .. •• •• . • �o�op'p ��' ' 000g es ' • e0♦ p4ep,pOp e� ... ��p0oe�•e0 : :,, • • • „, epp°°v4.o ��oo;,e°q t LIMITED POWElZ OF ATTORNEY :`::, :t; III!!.° . • :•,q� . :.....:.. ... .:: .. f e (<: .•• Po°e°i°o^s ; __.:'. INSI/RANCE :. . :,_ ... • �oopoo ' e0000e d . . oeeo pp pes. _ .. : .Not Valid'for.Bonds:. ,::•` ° •:::. • : •: power of Attorney --;;Aso• . . ,,, t,ppe oy •" I .ossz Executed On'or After 0:.* ';,. OCTOBER' 31ST <' 2008.: `. ..� .. epee,pep coed .. ., •. _ .. e e e o :Number:2a2i44 ::.: WAX:: ;...�... .:• .. .. ,. .... .. q 00°O•0°° .e! OAT,. .. ..:. ..... .: .:.......... .... '..: ., . ..�..,':,' :'':'.....:.:...:". ..� :. ..,_ ,. ' ._ , •e,q0 s � ov •t,f is READ CAREFULLY- to be used only with the bond specified herein a og li''t o a. ., ,. , ,Pogo 00�., -. .. .:. '°,o • Ali Only an unaltered original of�this'Power of Attorney document is valid..Avalid original of this:document'is printed.•on gray: :%°:°:°•e . e.titi s security paper with black and red ink and bears'the seal of Contractors Bonding and Insurance_Company(the"Company") oo;:�°oo°°°0 •• i ��v The original document contains a watermark with the letters"chic"embedded,in the paper than printed upon it.The ��'°°� t ,sitz . watermark appears in the blank space beneath the words"Limited::Power ofAttorney.'.at.the top'of.the document and is , °I p°p:q°e 'visible When the document is held to the;light.,This:document is'valid'solely in connection with'the execution and deliveiy:of • S:° ee . >, oeeo c e .. . . Vie•000,°pp,° ' „r ,pOpo the bond bearing the:number indicated.below,and provided also that the bond:is of the type indicated below.This document a opoo°,•° „•' . !., igifir 2. 'is valid only if the bond is executed'on or before the date indicated above, ogtli f o e eeo a • ,I, o,0000 00 ENTS,," that the Company•.does.hereby'make'; constitute ". o'°'o• °;�;°e°°° ` KNOW ALL MEN BY THESE-PRES °°°•p and,<a oint'the following: '.JEFFREY L.- STEWART MONICA.M.,.MCCANN, :LYNETTE C:• ';,, (Or PP g� , . ep��I,� j, • rt ,°°e GRANDY FRANK MCALLISTER and 'KARLA JAGLA-REITZ. its true-and lawful .Attorney(s)- °•pee '' • • pP,o°moo • • -. .:. ...'.. .do J°Ppe oee —eo•,°oe• ' - °0°°°°eP .with'full power and authority hereby conferred iri;'its:'ziame; place and o°•ee . e0oeoo- in-Fact, eo° °Pee oe da - ... erg.oo •• < °p°°°1,4:- :stead, to execute,°acknowledge and. deliver on behalf of the 'Company:. (1) any ^�oa•°°.° • 1 'all :bonds•'and undertaking's s of suretyship given for, an ur ose ,provided � 1° (, �hto andg y P X:p P . , � . ,tt govo,ot- .however, that no such person 'shall be authorized to:execute and. deliver',any �p;�I '1,- °°o°vo°: � ' bond or -undertaking that shall obligate the Company'for-•any portion of the ' `o;:0:;°0 1 °Orli; °P°°see ' penal sum thereof in,excess' of $10 000 000 and rovided,...further that no., °o°°'•° 1 r , , P. r . i •o°•;, Attorney-in-Fact, shall„have the authority to' issue a bid ox proposaX bond.for „1,`�:',i''' ,1.� ` 'any: project :where, if,'a contract is awarded, any bond-or: undertaking ,would be QOp,p I,% , o°o°:°:°:tea - 'required with'penal sum in:'excess of $10 000,000• and.'(2'}. consents releases 4o<.°ee•° coe ag••°od o e°p•°po°e o,°p�eeP ;'''and' other'similar documents required by: an obligee under::•:a:t*contract bonded by e°°•°°e• '• `' •OpOpe he 'Comps y. Thi: a O'i is a .. �;oP:o° ,, � ; °��. •t n .. s . pp ntment:' mad under the authority:;•of: the Board .of� oe -.1%.0�oo - Directors of'the Company. Jol'��I I . o::'] 0oo°ee 00 .. .. .., .... - • ao 0�a000° °°a e0e0,oeogo oa -- -- ..--...... .. --.. - ..... ...... -- -- oeogpp°• p, v -\I1l ppe00o oo CERTIFICATE 14,41 ,;;• , °°.4aoea •: p °e°e°e°o��. :, I, the:undersigned secretary of.Contractors Bonding and• :Insurance:Company�.a Washington •_oo:p:.:3 P P•°eov °ppoaog -. -.- .° ' ir4liti,,: corporation DO`HEREBY CERTIFY that this Power of Attorney remains in full force and,effect and e°° , q0• „ e e,oe1 has. not been-revoked and, futherniorethat the resolutions of-the'Board of-Directors set forth on'the a^�40 PP Poo , %%;� pppge°o Oo- opev.i,:•eP :reverse are nowforce and-effect. . .in full o�•e°q°q:• j'.:... •1r a,l.- • • Leo:• 0t, •,�, •: " woo° li:'. POP° egr'.1 :-,,,- • B• ond Number . • •• -o. •°� ' r 5.: Signed and:.sealed this 24th 'da o• .fJanuarw•=' .. . ... .2008 °° "• a °e. ��:-�: »...�- �A•� y � owe° SM1 V,v, ",e +�''��P °°o°�. - .�;5`r"?p'�•zi',^,T,G;;7.:�;X,.`v`,�.;, • .. . � o��II ,. ,.:,.. sue,. a:•.: • ,eo°°e°eo�a ti-,.—<:70-.;:e.ir';.,.<is"'s.�e-y;43,-.';><i,.::.<,o.>>'i, • o opppe0 , ''- 000°e°i°oa 'i er�,i<'tt�% Y Pe -«r j:�±, o..�$.,� ... , 0 o Jo o ed :,: ,=,-,. .;K:v -:i',�.. w.f&,!J .q .. .. ... • • •o°°°e o°e° H5<rc.:,; ,` :: :e ' R.Kirk Eland,Secretary :::e° t • eP ..>. ..°'1OPIRE �,°.,,°,:,>.,.o; >,Yy, q00•• o0•e°� •��}"" '"' CBTC •• 1213 Valle Street •• P.O. .o°o•°a %'p°pp�°0tst,e .. '$;`':�,%d,�a-rr <:r:;:°>`'' y Box 9•27�1-�•�:Seattl`e;WA 98�109-0271�� .°a�.° • °p ... . "' , '`> ' ;�<-. (206) 622-7053 :• (800) 765-CBIC(Toll Free)__•"(800).950-1558 (FAX) �::X. °° a°°eee- �o 0°°0° 1t ; i (00a�•.e°0 �!- OQa.`- .. pti_a:: , E 0 d • 1 d ••p..d . .. . ... ,' • •PoaL.POA.(18-US0061907 : <„'0 I'', •. - ti e°P°°°ee.e°P°dddbbbP°a:P°eedddddl,p,.aq,bdldbdl pe.eqildbbd66epa.PgebbddNlapP.P,ed4dddblepJ,P,ebdddddhi,P,Ppoddbdeb00QJ.PdeddbdddleQe::de�d` 6aeQJ.Pded 1r,ae°,Piled eeP.°dd �Q.P�o•P�� 1 d0::p:qo>o°ao°pp�e°$°°p°p°q:p°pePpp�.000°0°ede°o°o°ap°�°°q°°p°q:p:q°p°P°e piovo°°°p°o°e°0°ope°�:v°°p°q:q:p°p°o°pe°motto°p°q:e:e°p°p°po°fin°°c°qe:q:p°p°o°o°wee oeoeel d°op ee°woe°gd°eopeov a°os$o°o00de�ebe 0pep°o.ea0oddddedOd0v0ooyp.e°q0o°dpdpdpdpdQ�Pp°e.POPd°dpdpdpdp�Qlpe P:P�O ee°o° 'ii :0:0 ie°oe Q 0°y0veo v.4104 .46.0. °e°°eo°°4 .6.0e°°°°°°°�'o°ePoo°e°a°p°p:e°Ppq°e°°oeppp=:Oo•Oq°•Og0000p=°p0e°O .iti}:4.1.;eooeeeo tt...1se:44.°oe°p�pO°e°ae�eopoo°p°�o:°o°e6e0e°Oe°oo°°o s ooe�,6$:11°o0eoeeeo�'°�oo0°e°o°oo opo°:°° O°ei°p°e .. • :p vAX .r°%::°o::9��o°:do°• ..::::eo°��O eo°:°:::".fir°eq:o°:° .1::ieeoo°4 �v000eoo:°°�>o••:°:oo�t•o:e°Qe°•i.wO o0:400��ego:°o0 00`P: e:000e.�OvuQ<�::" 4:1040°° ), e o .... :- o o e a° o°o° - o e° -..� :i° - o ___ o° --_ e• __ a e� __ :o.*° °°e°O -- oe a° io o'.. a .-.-.� ._.__- o �_-_-•. a ._-._r o -____ o -..__ oO°O° e o ee � t Denis Law t of ��X O _ Mayor Ciy • n Economic- Department of Community and onomi Development June 24,20131. : C.E:"Chip"Vincent,Administrator Mike Davis. Kingstone Realty NW - 27013 Pacific Highway So., PMB#353 Des Moines WA 98198 SUBJECT:.: RELEASE OF MAINTENANCE BOND FOR " ROAD&DRAINAGE FACILITIES ON NELLIS SHPL " KING COUNTY#'S: L0550064/A08BN037/LC4583 S. CITY OF RENTON#LUA09=020, PARCEL#0087000116 The City of Renton; Community and Economic Development Department, as the successor • : • • jurisdiction hereby releases Maintenance Bond#LC4583 in the amount of$17,914; If;you have any questions,please contact me at(425)430-7235. Sincerely,. Carrie K.Olson ; Development Services,Plan Review • Enclosure;- Original Bond • Cc, Bond File I:\planreview\counter\bondrles\maint:bnd\L05S0064/cko ; Renton City Hall • 1055 South Grady Way • Renton,Washington 98057 • rentonwa.gov • KingCounty Maintenance and Defect Agreement Financial Guarantee Activity Number(s); (Two Years) A08BN037 • For Public Roads and Drainage Facilities /6$dvi 142t/i P-ei Total Guarantee Amount: Project Name/Number: f y d- f crt) $17,914 L05S0064—Nellis Short Plat i This AGREEMENT is made and entered into this /90 day of it 20 O�by and between the King County Department of Transportation,Road Services Division and Department of Natural Resources, ater and Land Resources Division,hereinafter,collectively the"COUNTY",and the above named applicant,hereinafter the"APPLICANT." Basis for AGREEMENT: WHEREAS the undersigned APPLICANT has constructed public roads and/or drainage facilities, including but not limited to roads, - sidewalks and storm sewers("improvements")within public rights of way,easements and tracts,in connection with the above-referenced project; WHEREAS the APPLICANT has agreed to secure the successful maintenance and operation of the improvements pursuant to King County Ordinance 12020 and King County Code Titles 14,19A,and 27A as applicable;and WHEREAS at the end of a two year period,as more fully described below,the COUNTY will evaluate whether to take over operation and maintenance of the improvements; NOW THEREFORE,the COUNTY and the APPLICANT,its legal representatives,successors and assigns hereby agree as follows: • Terms of the AGREEMENT: 1. The improvements constructed by the APPLICANT,or its representative,shall successfully operate and shall remain free of defects in design,, workmanship and materials,for the period commencing on the date of final construction approval by the COUNTY and ending two years ' from that date,or the date of final plat approval,whichever is later(hereinafter"two year period"). 2. The APPLICANT is responsible for all maintenance of the improvements,during the two year period. 3. In the event of any failure of the improvements to satisfactorily operate or in the event of a defect in design,workmanship or materials,the APPLICANT shall promptly and satisfactorily repair and/or correct the failure or defect and any accompanying or resulting damage. . 4. The COUNTY will perform periodic maintenance inspections during the two year period. 5. Upon notification by the COUNTY during the two year period,the APPLICANT shall perform necessary maintenance and/or correct and/or repair any defects in the improvements,and any accompanying or resulting damage,within the time frame specified by the COUNTY. S' 'j,the event the COUNTY determines, at its sole discretion, that repairs must be performed immediately to prevent damage or risk to person(s)and/or property,the COUNTY may make necessary repairs and perform corrective action. The costs of these repairs/corrections shah be paid by the APPLICANT,upon demand by the COUNTY. 7. The APPLICANT shall pay all required fees in accordance with King County Code. 3. If, at the end of the two year period,the COUNTY, at its sole discretion, determines that the improvements are not or have not been 13 adequately maintained,they do not,operate satisfactorily, or the improvements contain defects in design, materials or workmanship,the COUNTY will notify the APPLICANT in writing. The APPLICANT shall promptly perform maintenance, correction or repair, to the dL COUNTY's satisfaction. If such does not occur to the satisfaction of the COUNTY,the COUNTY may declare a default and use the remedies for a default provided for in paragraph 10 below. Nothing contained herein shall be construed to require the COUNTY to take over the operation or maintenance of improvements that are not in a condition satisfactory to the COUNTY. In its sole discretion,the COUNTY may extend the duration of the two year period for purposes of allowing the APPLICANT additional time to perform or complete maintenance, correction or repair. 1 7. Any failure by the APPLICANT to comply with the terms of this AGREEMENT in a timely manner shall constitute a default. In the event of a default,the COUNTY shall notify the applicant and,if applicable,the guarantor,of the fact of default and the need to perform corrective action. If the COUNTY does not receive satisfactory assurance that corrective action will be taken in a timely manner,the COUNTY may a. order the applicant to perform all necessary corrective work; b. utilize the processes provided for in King County Code Title 23.24;and/or c. demand payment on the financial guarantee. Nothing contained in this numbered paragraph shall be construed to limit the remedies available to the COUNTY in law and in equity in enforcing or otherwise compelling compliance with the terms of this Agreement. Further,Any action or inaction by the COUNTY following any default under any term or condition of this AGREEMENT shall not be deemed to waive any rights of the COUNTY pursuant to this AGREEMENT. All costs,including reasonable attomey's fees for the enforcement of the terms of this AGREEMENT,shall be borne by the APPLICANT. In the event that the guarantee amount is demanded and the total costs associated with curing the default exceed the guarantee amount,the APPLICANT shall remain responsible to the COUNTY for payment of any remaining amount. In the event of a default,the COUNTY may contract with a third party to cure the default. 0. The APPLICANT shall indemnify,hold harmless and defend,all at APPLICANT's sole expense,the COUNTY,its agents,employees and/or officers against 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,the COUNTY's obligations under this AGREEMENT,and/or the APPLICANT's performance or failure to perform any obligation under this AGREEMENT. Provided,however, that nothing herein shall require the APPLICANT to indemnify,hold harmless or defend the COUNTY from any claim arising out of the sole negligence of the COUNTY,its agents,employees and/or officers. I1. 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. This AGREEMENT creates no rights, power, or authority in any entity or person not a party to this AGREEMENT. AO8BNOS7 „ • Two Year Maintenance/Defect Agreement. Activity Number(s): Page 2 • Conditions of Release:This AGREEMENT shall remain in full force and effect and shall not be released until all terms of this AGREEMENT have been completed to the satisfaction of the•King County Road Engineer or his/her designee. [N WITNESS THEREOF,the parties hereto have executed this AGREEMENT as of the day and year first above written. • APPLICANT: Bignatu a Date • title Printed Name - i Billing Address: • • 7 / /11,ri/STFe i9 Sit/. s. 3z6 - • 'hone Number: • yes 22g. s90y itate of Washington,County of King 1' certify that I know or have seen satisfactory evidence that M A V t S ugned 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 Dated: 2/I°,/0 0 Notary Public State of Washington Signature of Notary Public: ( ANNE MARIE ELLIS My Appointment Expires Aug 30,2011 Title: N OtQry.7-R4 bi?c • • My Appointment Expires: / O/ZO i • • )n Behalf of the COUNTY ignature Title Date • • • year Maintenance end A CSy w�fi.N 0 3 7 _ . y7 0, r-TW07:' ..Y,ZO • � 'Kingctounty Department of Development T�% R �� a" Y a."Y'`^'' p and Environmental Services \' '.':'�-:•';1'"L,O`I i\D°'?, 900 Oakesdale Avenue SW Renton,WA 98055-1219 Financial Guarantee Activity No. A08BN037 Bond No. LC4583 Name of Project Nellis Short Plat • Location/Address of Project Parcel 0087000116 Bond Project No. L05S0064 Amount $17,914 We Mike Davis Real Estate Sales, Inc. ,as Principal and Contractors Bonding & Insurance Company a corporation organized and existing under and by virtue of the laws of the State of Washington' 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 Seventeen Thousand,nine hundred fourteen 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"Maintenance and Defect Agreement(Two Years)for Public Roads and Drainage Facilities",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 Band 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. • N0 7 Page 1 of 2 Page 2ofl PRINCIPAL: Mike Davis Real Estate Sales, Inc. SURETY: Contractors Bonding & Insurance Company z-- 1- Signat ,71/".1 Date um Dale effrey L. Stewart Attorney In Fact Title �% Title 1201 Monster Rd SW #320 C/0 McDonald Insurance Group, Inc. Mailing Address Mailing Address Renton, WA. 98057 PO Box 3089 Kirkland, WA. 98083 (425) 228-5959 (425) 897-5974 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 Hike. !btviS 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: 2/1q ( Notary public Signature of Notary Public: I State of Washington I ANNEMARIE ELLIS Title: Moir(ry`7tA61 c ( My Appointment Expires Aug 30,2011 My appointment expires: 15/30/20I 1 • Financial Guarantee Activity Number: A 8$ii437 SURETY.doc(10/99) A08BN037 ....: ..,31 .•,.....';,.'1:.,'',.,.-:'); .5:r.. .-:...:'''....:.'': ;i .... .,1:.......':','2,1:.":'...:', '', ',`:' ' '."...1',,,,. .' ,...-..,,,,,,:.".....•:,..,i,.-i,;;....,••• ...,..i...,..... •---.-.:„.:,......:-"..„ -... ...,-•.. ...-. ;.;.: -,,ii;1,,'.. :. ..:, --.g,-4.,,,,,tz,-...:„..; ,..'fe,:...,,,...;,*::-.•—•;.4::::,=.-.0 .;:i$4,14 '....:'.',-:,.. i -',,,ie:: ::::ii,1:. .- .. 1 ,.,: i:.,,,--iiktfolF.::.,4- 4 ::.... ;---•-•rri.:;,;:, , :• ;:r.---7:-.4: i- : 71:4;,i'ffig•fgii.3030,°,04:1,1;,:gfiViiff. 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Attachments: Nellis SP (16802'- 104 St. SE), 001.jpg; Nellis SP (16802- 104 St. SE), 002.jpg; Nellis SP (16802 - 104 St. SE), 006.jpg Just passing along comments and pictures from Ed Mulhern on the Nellis Short Plat. The maintenance bond has already been released. Motivation determines what you do. Attitude determines how well you do it. Lou Holtz Carrie K.Olson Engineering Specialist Community & Economic Development Dept. 1055 South Grady Way Renton WA 98057 colson@rentonwa.gov 425-430-7235 Office 425-430-7300 FAX Original Message From: Edward Mulhern Sent: Wednesday, June 19, 2013 8:04 AM To: Carrie Olson Subject: RE: Bond Release for the Nellis Short Plat Bond, Part of the Benson Hills Annexation. Hi Carrie, This is a private drainage system that the City will not be assuming. From that perspective I do not see a reason to hold the bond for drainage concerns. However, the concrete curb and gutter elevation is a couple inches above the public road surface. Was the developer required to put in a final road lift? Also, the concrete sidewalk is cracked in front of 16814 - 104th Ave. SE (one of the 4 lots in Nellis SP). (see attached photos) --Edward Original Message From: Carrie Olson Sent: Monday, June 17, 2013 12:11 PM To: Edward Mulhern Subject: Bond Release for the Nellis Short Plat Bond, Part of the Benson Hills Annexation. Hi Ed, Please let me know if it is okay to release this bond for the Nellis Short Plat. The attached bond is for Maintenance & Defect Bond for Public Roads and Drainage Facilities. 1 Motivation determines what you do. Attitude determines how well you do it. Lou Holtz Carrie K.Olson Engineering Specialist Community & Economic Development Dept. 1055 South Grady Way Renton WA 98057 colson(alrentonwa.gov 425-430-7235 Office 425-430-7300 FAX 2 r 4 r q :,. :'I' f Tyr Y /` `,i +��1 F t: t _V` '! '1! i ♦ m • rin. YPri S} 'd-� "` �-' ' tali d '!.c_ • "' ,.§ . yam"-fix / �. i ii ,.`. ,T t _. • Areitx-A- �!• ,'*�•'?' 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June 17, 20131 Mike Davis Kingstone Realty NW 27013 Pacific Highway So., PMB#353 Des Moines WA 98198 SUBJECT: RELEASE OF MAINTENANCE BOND FOR R/W&SITE RESTORATION ON NELLIS SHPL KING COUNTY#' : / CITY OF RENTON Si LUA09-020L05S0064, PARCELA07BN174#008700011/LC45326 The City of Renton, Community and Economic Development Department, as the successor jurisdiction hereby releases Maintenance Bond#LC4532 in the amount of$28,734. The $7,500 Cash Bond check will be forwarded under separate cover with the next check run (2- Weeks). Thanks. If you have any questions, please contact me at(425)430-7235. Sincerely, Carrie K. Olson Development Services, Plan Review • Enclosure: Original Bond Cc: Bond File I:\planreview\counter\bondrles\maint.bnd\L05S0064/cko • Check Request for Non Vendor Refund or Reimbursement This form is tobe used only for one time vendors. Please contact Accounts Payable if you have any questions regarding one time vendors. Check will be included in the next scheduled A/P check run and mailed after Council approval. Check Request Info: Date of request: • 06-17-2013 - Requestor's name: • Requestor's department/division: Requestor's ext. #: Carrie Olson CED/Dev Serv/Plan Review = 7235 Payable to: • KD Properties-Benson LLC Mail address for check: Mike Davis, Kingstone Realty NW, 27013 Pacific Highway So., PMB #353, Des Moines WA 98198, 206-948-9997 Check amount: Account numbers) to charge: _ Amount per account#: $7,500.00 650.237.00.00.0000 Special Deposit Reason for refund or reimbursement: Refund of cash bond posted for work ROW &.Site Restoration under Permit LUA09-020 for Nellis Short Plat. Check handling request: Please mail check directly to payee. Thanks *Approval Signature: Requestor's Department Administrator, • Division Director or designee: • Signature: Kayren Kittrick type name of signer on above line Date: 06-17-2013 *The person approving this check request must be an authorized signer. • , • I:\PlanReview\COUNTER\BONDRELS\MAINTBND\LUA09-020 Nellis SILL Cash Release(Request for Claims Form).doc Online Typeable Form,July 2007 • ' Ci(111)1JvA-", gt -4'.1r-02-0/D . fc�Jttf SPECIAL DEPOSIT TRANSMITTAL 2/ 3 Payee: i< i; t:°r.,. `; .._.� Via.:.r G:L,J r .�- Date: 2 00 Refunding Address: 'i--> r) i �:r:r, ..• ."1`°� ( c•-• ) r,, Sierra Receipt# Rag tab 193 ~ f i•.. /,,,,---1-. ! t �.,�ff 1 ,.5•' Cityk' ); ;7i,s-,, r State .,c; „ .,, Zip k, ,..j� Finance Receipt# - Project Name: tii t ti, s 5 har4 °Ac Amount: 1 -3 .s co Address Location: It K O A !0 4(, lip 4' St WO# Function# Sierra Permit# LLt,A 09' 020 Type of Deposit: Building Dept.contact person: a E , Extn# ^f a2 Le tt ❑ 90TCO 90 day temp cert occ ❑ LM Landscape maintenance '' Special DepositConditions: 0 SIGN Sign deposit ❑ STR Street cleaning 1 Public Works '�c r,£� 0 PWCON PWconstruction permit c-a- ,.r 0\+) 4- S+ A f.? Property Services G r',� 0 LCA Latecomer fee (to be returned to LCA holder) \ El STVAC Appraisal fee due appraiser /1 Board of Public Works /\ 0 BPWDEF BPWdeferral (WO#89150-FN#5190-Tran Code 7054) H:\div\dev\admin\specdep ❑OTHER White and yellow to Finance.Originator retain pink copy. 4 & 7/10 /(_-0 r>4;12 -C-'-`);-44 00 . PPI8 353 - F - ITY OF RENTON 1055 S. Grady Way • Renton, WA 98055 Printed: 02-27-2009 Land Use Actions RECEIPT Permit#: LUA09-020 Payment Made: 02/27/2009 11:26 AM Receipt Number: R0900793 Total Payment: 7,500.00 Payee: KING COUNTY#248885 Current Payment Made to the Following Items: Trans Account Code Description Amount 3954 650.237.00 .00.0000 Special Deposits 7,500.00 Payments made for this receipt 6,(3 -0 Trans Method Description Amount Payment Check #248885 7,500.00 Account Balances Trans Account Code Description Balance Due 3021 303 .000.00.345.85 Park Mitigation Fee .00 3954 650.237.00.00.0000 Special Deposits .00 5006 000.345.81.00.0002 Annexation Fees .00 5007 000.345.81.00.0003 Appeals/Waivers .00 5008 000.345.81.00.0004 Binding Site/Short Plat .00 5009 000.345.81.00.0006 Conditional Use Fees .00 5010 000.345.81.00.0007 Environmental Review .00 5011 000.345.81.00.0008 Prelim/Tentative Plat .00 5012 000.345.81.00.0009 Final Plat .00 5013 000.345.81.00.0010 PUD .00 5014 000.345.81.00.0011 Grading & Filling Fees .00 5015 000.345.81.00.0012 Lot Line Adjustment .00 7.„.. � 5016 000.345.81.00.0013 Mobile Home Parks .00 5017 000.345.81.00.0014 Rezone .00 5018 000.345.81.00.0015 Routine Vegetation Mgmt .00 5019 000.345.81.00.0016 Shoreline Subst Dev .00 5020 000.345.81.00.0017 Site Plan Approval .00 5021 000.345.81.00.0018 Temp Use, Hobbyk, Fence .00 5022 000.345.81.00.0019 Variance Fees .00 5024 000.345.81.00.0024 Conditional Approval Fee .00 5036 000.345.81.00.0005 Comprehensive Plan Amend .00 5909 000.341.60.00.0024 Booklets/EIS/Copies .00 5941 000.341.50.00.0000 Maps (Taxable) .00 5954 650.237.00.00.0000 DO NOT USE - USE 3954 . 00 5955 000.05.519.90.42.1 Postage .00 5998 000.231.70.00.0000 Tax .00 Remaining Balance Due: $0.00 • Finance:and.Business KEYANK;NATIQNAL ASSOCIATION S : .. : •'. Operations DIVISion ::;. SEATTLE':WASHINGTON9810}: `:•'DAE :c':fWAR ANT.NOi.• • ` . ARM ;Accounts:Payable : • 02. 1.2t09 O' 4h8885: ,:: .: . . , . - 401.Fifh Ave.,Room 310 . . .King County Seattle,WA 98104-1818 NOT VALID 1 YEAR FROM ISSUE DATE • AMOUNT PrA Y . :. ::: '.DOLLARS:: CENTS • 37, 7.00 $37 :°417 po To CITY OF RENTON ' ,:::r: THE:- 1055 S GRADY WAY � .,.:. : `;•. ;; ORDER._ ' RENTON WA 98057 King;County E tec Aive >: III 24888Ell' I: L2 5000 5 7 41: 017 9578 311' REMITTANCE ADVICE -ATE WARRANT NO. 02-12-09 o248885 PAYEE VOUCHER P.O.NO. INVOICE DISCOUNT AMOUNT CF CITY OF RENTON 888888888 RA c ., _.i..--, 0900397301 Ao7BNo6o $.00 $7,5oo.00 :c, :, 0900397302 A08BN 159 $.00 $7,500.00 1,.L't.., c.'^I •- c. ,5— 0900397303 AO6BN191 $.00 $2,417.00 L bi.A c,q -• 0,5- 09003973o4 A06BN263 $.00 $7,500.00 R.21/jitiouA I '\-- a_k-.A 0 ci �.: ".icy 0900397305 A07BN 174 $.00 - 7,500.00 LGUACD0900397306 s/A06BN417 $.00 $5,000.00 TOTAL $.00 537,417.00 • • kg] County Agreement to Complete Subdivision, Applicant's Name and Address: Short Subdivision or Binding Site ? Plan Improvements /Oa/ iffm/67� wff. p57. Activity Number: Project Number and Title: - A07BN174 • L05S0064—Nellis Short Nat Guarantee Amount: Site Location: $28,734(Includes$7500 cash deposit) Parcel 0087000116 This AGREEMENT is made and entered into this C9��day of Gi ,&€fey ,20 i ,between the King County Department of Development and Environmental Services or any s cessor agency,hereinafter called the COUNTY,and the above named APPLICANT. Basis for AGREEMENT: WHEREAS,the undersigned APPLICANT seeks to record the above named subdivision,short subdivision or binding site plan but has not completed all improvements and conditions;and WHEREAS the COUNTY will allow said subdivision,short subdivision or binding site plan to be recorded upon agreement by the APPLICANT to complete all terms of this AGREEMENT;and WHEREAS,the APPLICANT has submitted a detailed schedule for completion of the improvements and conditions;}andez NOW THEREFORE,the APPLICANT hereby agrees and binds itself and it's legal representatives,successors,and assigns,as follows: �O "`.- Terms.of the AGREEMENT: 6 (1 1. I • The APPLICANT shall,within two years of recording of the above subdivision,short subdivision or binding site plan,fully complete all approved conditions;including but not limited to construction of all required streets, drainage facilities and other improvements in full compliance with construction plans and profiles and any approved amendments or extensions thereto. Construction shall be in conformance with applicable COUNTY ordinances, standards and specifications,and shall be performed and operate to the satisfaction of the COUNTY. 2. Any changes(from the approved plans)proposed by the APPLICANT must be approved in writing by the COUNTY prior to beginning such work. . S 3. The APPLICANT shall fulfill all other requirements of RCW Chapter 58.17,KCC Title 19A,Ordinance 12020,and such other applicable adopted ordinances and standards,even if these requirements are not set forth . . . . specifically in this AGREEMENT. - 4. The APPLICANT shall perform all construction and maintenance work with due diligence. 5. 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 27 of the King County Code and amounts required to implement corrective measures or abatement in accordance with this AGREEMENT. 6. Prior to recording of the subdivision,short subdivision or binding site plan,the APPLICANT has provided the COUNTY with a financial guarantee in the amount and in a form approved by the COUNTY in order to secure performance of the terms of this AGREEMENT. The financial 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. - 7. The APPLICANT shall notify the COUNTY in writing upon completion of all conditions of this AGREEMENT. Such notice shall`request that the COUNTY perform an inspection. 8. The APPLICANT shall furnish to the COUNTY a set of"final corrected plans"(photo mylar quality or • equivalent)of all required public facilities when applicable. r A07BN174 . 9. Upon completing eaci.,,f L_o foregoing to f this AGREEML. I wsthe satisfaction of the CI 'CY,the APPLICANT shall°provide the COUNTY with further Imancial maintenance and defect guarantees in amounts and forms acceptable to the COUNTY. Such further financial guarantee instruments shall warrant workmanship,materials, design,and successful operation of drainage facility improvements for a minimum period of two years and of all other subdivision improvements for a minimum period of two years as set forth in King County Ordinance 12020,adopted November 16,.1995. In the event that the APPLICANT fails to post such additional financial guarantee instruments,the COUNTY may demand payment on the performance financial guarantee instrument and may utilize such amounts to secure the.APPLICANT's maintenance and defect obligations under the King County Code and this AGREEMENT. 10. 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). 11. 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 kindtor 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 this AGREEMENT. Provided,however,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. 12. 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. 13. 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 fully completed to the satisfaction of the COUNTY. ' IN WITNESS THEREOF,the parties hereto have executed this AGREEMENT as of the day and year first above written. , APPLICANT j/9-///S z oy fist By Title Date Received for the County By Date Performan�Agr®en 5vD N 1 74 j/�a 2 • • , • • h,$1-: L5, ir:.,:.e.i{..ty--; Bo;:i:3a:js7'=':'t R`�.ry4'. h d King County • De artment of Development and Environmental Services p P 900 Oakesdale Avenue SW Renton,WA 98055-1219 Date of Notice Bond Number Type of Bond LC4532 Right of Way and Site Restoration • Nothing herein contained shall be held to vary,waive, alter, or extend any of the terms, conditions, agreements, or warranties of the above mentioned bond, other than as expressly stated below. OBLIGEE: King County • Department of Development and Environmental Services 900 Oakesdale Avenue SW Renton, WA 98055-1219 • This Rider is to be attached to and form a part of the above captioned bond effective (date) June 27, 2007. This Rider is on behalf of(name of applicant) Mike Davis Real Estate Sales Inc and in favor of the Obligee stated above in consideration of the premium charges. It is understood and agreed, effective from(date) January 24, 2008 ,that the above mentioned • bond is hereby amended in part as follows: The bond shall additionally guarantee terms, conditions, agreements,warranties and obligations set forth in the attached AGREEMENT TO.COMPLETE SUBDIVISION, SHORT SUBDIVISION OR BINDING SITE PLAN IMPROVEMENTS dated January 25, 2008.• This bond is hereby decreased by(bond rider$amount) $54,516 This bond shall now decrease from (original amount) $75,750 to (new amount) $21,234 . Mike Dav Real Estate Sales Inc. Principal Signature:?( /e • Date: O2-eVar State of Washington, County of King I certify that I know or have seen satisfactory evidence that Mike Davis • 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: 2.0 t[1 .os6 • • Notary Publici nature of Notary Public: • Stale of Washington f� ANNE MARIE ELLIS Ti e: N 'R4b/s C My Appointment Expires Aug 30,2011 ` appointment expires: $.• �O_ • t�r6 Con a ors Bondi andnsurance Company Surety Signature: V/ ©/1 • • • J jy . Stewart Attorney In Fact Date: 01/0, • Please attach a power of attorney for the surety. bond rltlar.tloa 4123102 ...:. ,,,. ,„:-.t .- .:••,,ii!:',7 ;'!:''''(-:::•;:,‘..,••••-..:.• !'",C. . -• -,•-7•••::•], ;.:.;!;,.,..,.• ,,;•,-•• ;..t...„...,..,a,,.t,.. •:it* .,',..„, ";;..t,J, ........';•-;'' - •-...„..,...,I,. .e.:„.!!.'„'„:::.....,.•::.,c;i:,::-.. ..:.1••:-:,••• ;t.,,,::: ••41::V... 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''i..`,..-.---.i.:r..7(,;:' -,',,i••••.i:•::. •,--•'..- - - ' .-.•.-z-••..?:•i'..j.''''....i-•:.L;:•:',.-L--:1'.''' --- .....,_.,,,.-__.....,-...• • s* { King King County Agreement to Construct Improvements and Applicant's Name and Addres Stabilize and/or Restore the Right of Way n/Kt �4Vr6 / f5T/ 5i 5 and/or Site /70/ otatt.5,e , 5`tJ sZz`�� Agreement Number Project Number and Title: A07BN174 L05S0064-Nellis Short Plat Guarantee Amount Site Location: $8 ,250(includes$7500 cash deposit) Parcel 0087000116 This agreement is made and entered into this 7day of ,20 07,between the King County Department of Development and Environmental Services or any successor agency, hereinafter called the COUNTY;and the above named APPLICANT. Basis for AGREEMENT: WHEREAS the undersigned APPLICANT wishes to construct right of way improvements and/or perform site work at the above location,and - WHEREAS the COUNTY will authorize site work or limited right of way use and permit said construction upon agreement by the APPLICANT to comply with all terms of this AGREEMENT;and NOW THEREFORE,the APPLICANT hereby agrees and binds itself and its legal representatives,successors,and assigns,as follows: Terms of the AGREEMENT: 1. The APPLICANT guarantees that construction, maintenance and restoration of roadway,,site, drainage, and retention/detention facilities will occur in full compliance with the approved construction'plans and profiles, including any approved amendments thereto, and in full conformance with applicable COUNTY ordinances, standards and specifications,to the satisfaction of the COUNTY. 2. If the subdivision, short subdivision or binding site plan is not recorded or the building does not receive any certificate of occupancy,the APPLICANT agrees to restore the right of way to original condition or better AND stabilize the site or comply with the conditions of any permit or approval, including, but not limited to corrective work necessary to provide drainage consistent with approved plans and conditions,and to protect the public health,safety,and welfare,including effects on water quality. 3. Unless otherwise authorized by the COUNTY in writing specified in the conditions of the permit,all work shall be completed within six months following the issuance of the certificate of occupancy, or two years after recording of the subdivision, short subdivision or binding site plan,or prior to the expiration or completion of the right of way use and/or grading permit,whichever occurs first. 4. The COUNTY must approve (in writing) any proposed changes from the approved plans prior to the APPLICANT beginning such work. 5. Prior to beginning construction, a preconstruction conference shall be held with the COUNTY, the APPLICANT and the APPLICANT'S contractor(s). 6. The APPLICANT shall be responsible for costs of any corrective work on or off the site or within the right-of- way to the extent that such corrective measures are associated with work performed and/or not completed. 7. The APPLICANT shall pay any fees required in conjunction with the project pursuant to Title 27 of the King County Code. 8. The APPLICANT shall implement all necessary erosion-sedimentation facilities to insure sediment-laden water will not enter natural or manmade drainage facilities and will'maintain them until such time as erosion potential is past. In the event erosion and sedimentation is observed,the APPLICANT shall immediately take actions to mitigate erosion on or off the site. The COUNTY may take•immediate action to remedy the problem. The applicant shall reimburse the COUNTY for the corrective work. A ° BN 7 4 - y. If the APPLICANT fail., to ,:_Jceed with iligence and in 6,,on _•ith in the work providc ein, the APPLICANT shall remove all or part of constructed facilities and restore all disturbed areas to the original or better condition at the APPLICANT'S sole expense. The APPLICANT shall not stop, delay or abandon the project without first rectifying any damage, stabilizing and restoring the right of way or site by grading, hydroseeding,and/or landscaping as may be required by the COUNTY. 10.Prior to the County's approval and authorization of construction,the APPLICANT shall provide the COUNTY with a financial guarantee in the amount and in a form approved by the COUNTY to secure compliance with all terms of this AGREEMENT. The financial guarantee shall remain in force and effect until written release by the COUNTY. At least$7,500 of the guarantee shall be in the form of an assignment of funds or a cash deposit with 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. 11.Upon completion of the required public improvements to the satisfaction of the COUNTY,the APPLICANT shall file such further financial guarantees and agreements in the amounts and forms acceptable to the COUNTY to secure the successful operation and maintenance of the improvements for a minimum period of two years after construction approval. In the event that the applicant fails to post such additional financial guarantee instruments,the COUNTY may demand payment on the performance financial guarantee instrument and may utilize such amount to secure operation and maintenance of improvements in accordance with the King County Code and this AGREEMENT. 12.The APPLICANT shall furnish to the COUNTY a set of "final corrected plans" (photo mylar quality or equivalent)of all required public facilities when applicable. 13.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). , 14.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 nothing herein shall require the applicant hold harmless or defend the COUNTY from any claim arising from the sole negligence of the COUNTY'S agents,employees and/or officers. i 5.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. 16.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,the parties hereto have executed this AGREEMENT as of the day and year first above written. APPLICANT d/>a7 By Title _ Date `-� 4,6- Or/v-7- Received for King County By Date REST.10/14/02 ' A. ® ' BN17 4 2 • } ,. •.. GASH',DE:PO°SL King County 't0:'KI NG Ring County iiC `:;l' ,..,.. Department o1Development and Environmental Services 900 Oakesdale Avenue SW Renton,WA 98055-1219 ? • " • Financial Guarantee Activity No. A07BN174 Project No. L05S0064 • Name of Project Nellis Short Plat Location/Address of Project Parcel 0087000116 ' Applicant � i /,/,t,E D,�-U/S .I2 4. 57 r/ 5' The APPLICANT hereby authorizes that the sum of S7.500.00 be kept on deposit with the King County Office of , Finance to secure for King County the APPLICANT'S performance of certain work and payment of fees and other , amounts required in connection with the above-referenced project. THE CONDITION OF OBLIGATION is that: I. The APPLICANT has executed an"Agreement"entitled"Agreement to Construct Improvements and Stabilize and/or Restore the Right of Wav and/or Site" ,a copy of which is attached hereto and incorporated herein by this reference. J 2. Under the provisions of the Agreement,the APPLICANT is required to furnish a guarantee to secure the APPLICANT'S compliance with the terms of the Agreement. IT IS FURTHER EXPRESSLY PROVIDED that: I. . Until written release of this obligation by King County,this cash financial guarantee may not be terminated or cancelled by the APPLICANT for any reason. • - 2. ,The obligation 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,King County may use the funds to complete the work and pay outstanding fees and other amounts. The APPLICANT shall have ne duty or right to evaluate the correctness or . appropriateness of King County's determination that requirements have not been satisfactorily completed. Any unexpended" _ funds shall be returned to the party designated"below upon completion of the terms of the Agreement. 4. The APPLICANTS obligation to perform the work or pay fees and other amounts is not limited to the amount of this cash deposit-. 5: In the event that this project becomes part of an incorporated area,King County may transfer its rights and obligations under this , • cash financial guarantee and the attached Agreement to any successor jurisdiction without notice to the APPLICANT. 1,- ,an employee of King County,certify that the above referenced funds have been received by King County. . , APPLICANT: APPLICANT'S MAILING Ai)DRF.SS. '/,iK0 -I',71/5 4,eif f5 51/( 5.- . . . a0 74 /20/,,, i l422e4t5 0 . (Signatur vim- �j/ (Date) le'O�O,f/ 4 f l s7 / '4 P'' "/$ Z —RV-h//�ly�((��/ (Print Name) APPLICANT'S Phone Number , It is the APPLICANT'S responsibility to notify King County of any change in addressiand telephone number. Upon release of this cash deposit,the funds are to be returned to /�/ 07GWO ---- . /e/ >Ge -0 37 at the following address: #tic/ / 7 State of Washington,County of King , I certify that I know or v een satisfactory evidence that /fj'6 17//10- �t Ili signed this instrur �it`y tceiac ledges it to be his/her free and voluntary act for the uses and purposes ' mentioned in th `is t E/1P', - `* .0 FAA/ 0S. , (Notary Seal or Ztnpj,,O' ARY�0'. ? Dated: <D i o�7 I a o07 , •a ..00w .* . . y PUMA ,;fp Signature of Notary Public:C��` C a-, ' Toy..• oei ppp....42• Title: 1 f � F IFWASI'p� �nrinnu��a G( I / My appointment expires: / o� 'f ar�I U CASHD0P.doe(10/99) • A, 07BN17 . . , . \ ...... --.., ' ' . , . • , . . / . .„ . •• . ' . •• • • . . • ;. . • ,'. . . , (:,.;;1612' ' .. ',IA,c...,..' ':,,,.. -.4,4.i:;. . .;.:', =7, -4; '. ' i...... . `t:...'.•"'',.,.1 .,, t. ,r• •' ,.c., ,A}?:iii.:411',Fil...101'..gial'i,:;',.'4';'e."::.?.1;:',T,'";31! 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'!!-_, ,: Department of Development and Environmental Services 900 Oakesdale Avenue SW Renton,WA 98055-1219 • Financial Guarantee Activity No. A07BN174 Bond No.LC4532 • Name of Project Nellis Short Plat • Location/Address of Project Parcel 0087000116 • Bond Project No. L05S0064 Amount $75,750.00 • We Mike Davis Real Estate Sales Inc ,as Principal and'Contractors Bonding & Insurance Co • a corporation organized and existing under and by virtue of the laws of the State of Washington 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 Seventy Five Thousand,seven hundred fifty and 0/100 dollars for the paytnent of which we firmly bind ourselves,and our legal representatives,successors and assigns,jointly and severally. • THE CONDITION OF OBLIGATION is that: I. The Principal as Applicant has executed an"Agreement"entitled"Agreement to work in the right of way and/or construct improvements pursuant to any permits or approvals granted OR stabilize the site as required",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: • • I. , 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. A07BN174. • A07BN174 SPage 1 of 2 Page 2 of 2 • PRINCIPAL:Mi D i Estate Sales. Inc SURETY: Contractors Bonding d, Insurance Co SigmaureJ,G7/ �,r Date Signature Data re rill Title Attorney in fact 1201 Monster.Rd SW, Renton, WA 98055 416 6th S, Kirkland, WA 98083 • Mailing Address .Mailing Address 425 827 7400 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 Si([L?'P s 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: 1 2 27-0'7 Signature of Notary Pub ' _s � D� r \``\� �1114111�I`��'i Title: i , \S �,SsioNF''•991'ss. • My appointment expires: ep`-Z' (0 I r.a OAAN p • . ♦ S. Sat puBL'G iz - . V. 1nnrwta - Financial Guarantee Activity Number: SURETY.doc(10/99) ) AO7BN174 A07B.N174 7 4 • • ' '''' '.:''...:4.7.?''''',.;;I:,;:.;--i-:'"*.%*,:::::•:'‘1,,,, ,. 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