HomeMy WebLinkAboutS_Remaining_Balance_Release_Letter_Wetland_AOF_1467687_LUA08-043_20221205
December 5, 2022
Gwyn Staton
c/o Philip Nelson
Talbot Road LLC
12505 Bel-Red Road, Unit 100
Bellevue, WA 98005
SUBJECT: REMAINING BALANCE RELEASE OF ASSIGNMENT OF FUNDS ACCT #1467687
TALBOT & 55TH AKA TERAVISTA / CITY OF RENTON FILE #LUA08-043
Dear Mr. Staton:
This letter will serve as authorization to release the Assignment of Funds remaining balance of $6,000 held
in account #1467687 at Columbia Bank issued to Philip Nelson of Talbot Road LLC. This item was posted to
the City of Renton on behalf of the Talbot & 55th AKA Teravista wetland maintenance and monitoring.
Enclosed is the Columbia Bank Assignment of Funds document for your reference.
If you have any questions, please contact the project manager, Brittany Gillia at bgillia@rentonwa.gov or
(425) 430-7246.
Sincerely,
Vanessa Dolbee
Planning Director
Enclosure(s): Columbia Bank Assignment of Funds Account #1467687
cc: Brittany Gillia, Associate Planner
Sent via email 12/6/2022 to Gwyn Staton at gwynstaton@hotmail.com and Philip Nelson at philiparlyn@icloud.com
U)ColumbiaBank/7/ictLBANK:LCL,1ii3MrrJk’-&1I&YAI)/-—Branch:t3LLVt.iW4VJZ,Address:LQ3oNE/Q7Te%WA9gaijqWAtc21t’1—1’3Phone:(‘iz-2‘Z—‘?3%-3__________________Fax:(a)Lta——____________________Attention:LL1fLiST/4’Ici’)_____________________Title:i4LTheabovereferencedbankherebycertifiesthatLLC_dollars(S/c7.SO)isondepositintheaccountnumber/-(,7‘7underthenameoftheCityofRenton,tosecuretheapplicant’sperformanceofthefollowingworkrequiredinconnectionwiththeplatorprojectdescribedbelow.PlatorProject:/4t?-r/,dti_fr’L-A1Location/AddressofPlatorProject:/ZOY€5iS.Therequiredworkisgenerallydescribedasfollows:A/Id+f’iCE4A73-;-m72/TM1]Uri/1)€-%1,ThebankherebycertifiesandagreesthatthesefundswillnotbereleasedwithoutwritteninstructionsfromanauthorizedagentoftheCityofRenton(theCity).WefurtheragreethatthesefundswillbepaidtotheCitywithin10daysofreceivingwrittennoticethattheCityhasdeterminedthattherequiredworkhasnotbeenproperlyperformed.ThebankshallhavenodutyorrighttoevaluatethecorrectnessorappropriatenessofanysuchnoticeordeterminationbytheCityandshallnotinterpleadorinanymannerdelaypaymentofsaidfundstotheCity.Theapplicantherebyagreestothisassignmentoffundsandthatitsobligationtoperformtherequiredworkisnotlimitedtotheamountoffundsheldbythebank.ThisAssignmentoffundsisirrevocableandcannotbecancelledbythebankorapplicant.Thesefundsmaynotbeassigned,pledged,usedassecurityorotherwisemadeavailabletotheapplicant,bankorathirdpartywithoutthepriorwrittenconsentoftheCity.________________AuthzedSignatureALsf,NameTitle/1////4__DateDateASSIGNMENTOFFUNDSTOTHECITYOFRENTONAPPLICANT:Owner:Address:Phone:Fax:Attention:Title:“/f,t—L—1%1.#A14Bank:AuthorizedSignatureflaiUie\\€CrS-hcxnsonName,Titleii1O/HJ2rSOflCQcLr-r10350N.E.jJhStreet•Betlevue,Washington98004-4212•(425)452-7323•Fax(425)452-7329