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Engineering and Development Services <br /> 1�y PO Box 547,Anacortes,WA 98221 <br /> Telephone 360.293.1920 <br /> AfriptFax 360.293.1938 <br /> E0 E-mail engineering(a.cityofanacortes.orq <br /> V" D. I `7 <br /> e Subdivision & Maintenance Bond <br /> Exoneration and Release Form <br /> To: Madrona Real Estate Sevices, LLC <br /> Attention: Brad Augustine <br /> 1320 E Pike Street <br /> Seattle,WA 98122 <br /> EXONERATION AND RELEASE <br /> WHEREAS, Madrona Real Estate Investors V, LLC, as Principal, and Washington Trust Bank, as Surety, <br /> executed Funds for Set-aside BLD-2019-0665 on November 8, 2019, in the sum of Fifty Three Thousand <br /> Six Hundred and Twelve and 00\100dollars ($53,612.00)to CITY OF ANACORTES, as oblige, for the <br /> Department of Ecology Emerging Stormwater Treatment Technologies (TAPE) program; and <br /> WHEREAS, the CITY OF ANACORTES has determined that all terms of said Set-aside have now been <br /> completed, inspected and inspected to the satisfaction of the CITY OF ANACORTES on October 14, <br /> 2020; <br /> NOW THEREFORE, Funds for Set-aside BLD-2019-0665 is hereby exonerated, and Washington Trust <br /> Bank is released of all obligations and liability thereunder. <br /> Dated this 15th day of October, 2020. <br /> CITYp NACORTES <br /> By: <br /> (Authorized Repres ntative) <br /> TITLEtati- (, .T�� <br />
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