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Developer AgreementAUG-03-2007 11:58 PM /~VV VV YVV, YV•V, .ter... ~.... P, 2 DEVELOPER AC31tEEMENT' Mt. Sutuise Phase I This Agreement is made pursuant to the provisions of Sections 16.20.030 and 16.20.040 of the Yelm Munieip8! Co~dc for the pttipose of bonding in lieu of completion of required improvement, and reppits described in Exhibit A attached hereto and made a part hereof. "['he undersigned does daposit'in trust with the City of Yelm $5,250.00 ('1SO percent of actual cost of replacement) and grants the City the full power and authority to hold and expend the deposited nmount Yor the purpose of completing the required improvements And repairs described in said Agreement not wmplettd by ~temher 29.2007, putsunnt to raid agrrament. It is understood and agreed tharthe Ciry holds the eetlificate covering said account in its possession and agrees to hold the sutra of $5 50.0 until release or partial release of this Agreement i8 received from the Community Developtncnt Ucparnnent pursuant to the tams of the attached Exhibit, or demand made by the Community Development Department pursuant to Section 16.20.030 of the Yelm Municipal Code and the provisions of said attached Exhibit. RUG-03-2007 `1~1 ~ 59 PM P. 3 EXHIBIT A Mt. Sunri~~ Phase t Reyulred Improvement . Covt Estimate Replacernent of Candscoping 55.250.00 (Beard on 150% . of actw-1. cost of replacement) Replacement of trees required as part oz~ the Type V (Stvrmwnter retention/detention areas) landscaping os r~quircd for tie Mt. Sunrise Phase 1 Subdivision. The owner/developer of nny project requiring site plan review approval, subdivision approval, or short subdivision°approval shall provide a performance nssuranec device in order to provide for maintenunc;e of the required landsc;api ng until the required laruiscaping has been cdmpleted, TOTAL P.03 Rug 02 07 02:35p p.2 Ruh 02 07 03:47p Dusty Johnson 3G0-70S-A225 p.2 ~~ I..~r~dscaping To: Josh DeKruys Date: August 2, 2007 Re: Mountain Sunrise Installation of 19 cedar and 5 pino trees in the Mountain Sunrise davolopment. 'PI®ase note that Johnson Brothers Landscaping will not be responsible for watering. Price: $2100.00 Tax: $ 176.40 Total: $2276.40 A record of your approval is requested via fax (360-705-H225) or email to tinayohnsonbrothers@hotmail.com. Johnson Brothers Excavating ." P.O. Box A92 '~: 7onlno, WA 98589 :'. 36a.4~2.~575 City O f Ye lm SOUND BUILT HOMES, INC. 5 3 6 2 9 DATE INVOICE NO. INVOICE AMOUNT DEDUCTION BALANCE 8-03-07 BOND, landscaping bond 5250..00 .00 5250.00 8-03-07 53629 5250.00 .00 5250.00 . _ embank. 24-Hour Banking..: ~.. , _ ~ P.O. BOX 73790 1.800-673-3555 SOUNDBUILT PUYAL( 53) 848 oe2o -0790 19-tOJ1250 HOMES, INC. CHECK DATE CHECK NO. AMOUNT Pay: ********************Five thousand two hundred fifty dollars and no cents August 3, 2007 53629 S******5,250.00 GARY RACCA City of Ye lm TO THE PO BOX 979 ORDER of Yelm, WA 98597 •.~s:1 .car S _<,'f,.. .~ i.~ . ~ . ~ 11'0536 2911' t ----~ . ;~ti .~ _ c~ ` ' ` . ~. ,~--"~.~ -. .:_.., '-- .r: .r_ -, $. ~, 7!'.at1-F;x.tiit,?i>3~'~3.._.,~.K._...s'~A...~,.~,.._ ~: 1 2 5000 10 5~: 1~~ 54 2 3 1 311°