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HomeMy WebLinkAbout001277 Original Contract City of Fort Angeles ORT Record #001277 A S H I N GTO N, U. S. A. Public Works & Utilities Department 1 / gip f 1July 20, 2017 Sound Community Bank Atte; Cad Stricken 110 North Alder Street, Part Angeles WA 08362 Re: Assignment of Savings Account - dumber 0045300994 1,,�+ ori: Sound Community Bank holds the above noted Assignment of Savings Account. Sound Community Bank, is hereby released from the obligations of said account. This account was issued unto the City of Port Angeles, as Obligee, for the sum of $18,750,00. / The Public Works and Utilities Engineering Department has inspected the improvements for Right of Way Construction permit number 17-11 and found the work has been completed per the approved plan. if you have any questions, please call Roger Vess„ Assistant Civil Engineer„ at 360 417-4812, or email at rvess@cityofpa.us cityofpa.us Sincerely, Teresa Reed-Jennings, P. E. City Engineer for the City of Port Angeles Attached: Copy of Assignment of Savings #0045390994 WMKSkENGINEBR\RC7VJV Ganstructian12017 Permits\RCP 17-11 Bare severer iateral�A si nment of Savings release letter 7-20-17.doc /r if 1,1,tJ21 'hone: 360-417-4800/Fax: 360-417-4542 Website: wrwrwv.dtyofpa.us/ Email: pubficworks@dtyofpa.us dtyofpa.us 101% 321 fast Fifth street/Port Angeles, Wad 98362-0217 I , ASSIGNMENT OF SAVINGS THIS AGREEMENT is for the purpose of fulfilling the following requirements: Cfion pangttructi n ofprive ic wa-,Le,,water trans portlin cwit hiLl Rglk,riaht of Ux to provide sewer service to Son1t11 Cedar Street b IZ! Services, lnc Right of Way tru i n rmi ;9 17-11 The undersigned does hereby assign,transfer,and set over unto the City of port Angeles all right title, and interest in and to-MZLQ_0Avdth full power and authority to demand,collect,and receive said deposit,and to give receipt and aquittance therefor,for the uses and purposes prescribed by said City of Port Angeles. The City may withdraw from the savings account identified herein in the amount necessary to perfon-n/complete the improvements listed on the attached cost estimate,up to and including the entire amount set forth in this assignment of savings,if any of the following occurs: (I) The owner(s)do(es)not perform the above stated improvements by Wober If,2017 to City standards as required by the City Engineer. It is understood and agreed that..Sound CQmm unity Bank holds the savings account in its possession and agrees to hold the funds until a written release of this assignment is received from the City of Port Angeles. CITY OF PORT ANGELES ow S I-e-r Roger Whee Date 61�117 By:Name/Title Name/Title Date R-j-azRvas'INC. 514E Japobs Rd. PO4 Moe*,WA 983M Name e Lk:+ ,A Vl�k Date(17,11" Account Phone: 54d~— Bank Address: I !i" E mail: -g' A C)04 '��oclto�At VnA N:TWKSTNGNCERa(')W Constr"fiun\2,017 Fernti s\RCP 17-11 aort'xVMr GrSZVingS FOrM 508 SOU11)Cedar Sada ASSIGNMENT OF SAVINGS THIS AGREENIENTis fiwr the purpose oaf fulfilling the following requirements: gjD!Lgcfi jj,_j11 pXivatc waste water yLgiso , , . f olfw � �w��, ' tk oar- t' m r t. 's... c., f t kr .ta C" t tla bra ;1 -11 I lde undersigned does hereby assign„transfer, and set over unto the City of Fart Angeles all right,title, and interest in and to., t '7,0 q,with gallPower and authority to demand,collect,and receive said deposit,and to give receipt amd a uittance therefor,for the uses and purposes prescribed by said City of` Port Angeles, The City may withdraw from the savings account identified herein in the amount necessary to perfornuicomfdlete the improvements listed on the attached cost estimate,up to and including the entire amount set forth in this assignment of savings, ifany of the followving occurs. (1) 'The owner(s)do(es)not perforrn the above stated improvements by . °4. for 1 � to City standards as required by the City Engineer. It is uaaderstood aatd agreed that . hum C a t. ank....holds the savings account in its possession and agrees to hold the funds until a written release of this assignment is received from the City of Peart Angeles. C;i.f',t OF f"( lT°Elw'CiLS C) 1 S -Roger- W4e&1Pr-/,Dr-eSi By: 1•rlame/T'itle irate Nametritle fate R-4-4EKWCES,INC. Account .. Bank address: �� i ice...."� . . Mail:. .o �t . RP ,"�,k,C �wu & :�4w' ua�s ¢a��t aar�u t➢P F at�it 0 `� 7.4 � r w m q zSra t 4 f e rsa �r a d" �a� a� �a SY SoWh l'"cdar t.cdoc