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12700 SW 72ND AVENUE-1 FILE No . 72ND AVE. — 12700 STR. OPN. PERMIT I A- ' 7-9/SFs VAC �Ke te\a.v sA V e S - T CITY OF TIGA M OREGON April 27, 1988 Joseph Hughes Construction, Inc. 10110 S.W. Nimbus Avenue, Suite B-3 Tigard, OR 97223 Attn: Joseph Hughes RE: Street Opening Permit No. 278-81, Assurance Agreement Gentlemen: In the matter of the five hundred dollar ($500.00) Time Deposit Agreement No. 1150021820 between First Interstate Bank of Oregon and Joseph Hughes C�,,,struction, Inc. and the City of Tigard, Oregon; this is to serve as F, letter of authorization to allow said Bank to release to Joseph Hughes Construction, Inc. all of the deposit entrusted to said B,.tok; all work assured thereby having been satisfactorily coWlete,i. City of Tigard, Oregon Randall R. Wooley Actimj Directcr of Ornmnity D--uelcp mt / 13125 SW Hall Blvd,,P.O.Box 23397,Tigard,Oregon 97223 (,-,03)639-4171 JOSEPH HUGHES CONSTRUCTION, INC. GENERAL CONTRACTOR 10110 S W Nimbus, Suite B-3 • 1-igard, OR 97223 • 503/224-3335 April 19, 1988 Mr . John Hagman City of Tigard Y.O. Box 23397 Tigard, OR 97223 Re: Permit #278-88 Dear Sir: I 'm writing in regard to the above referenced permit . The work is complete and at this time we are ready to have the City of Tigard release the money we have deposited and assigned . Enclosed are copies of the Bank rec,-rd of this deposit . Please forward the necessary forms or letters . Feel free to call me if you need additional. information. Sincerely, JOSEPH HUGHES CONSTRUCTION, INC. �. jp—h H U g e 9 P-1 _uun0 rea1,aei pod 7864 President ROUTING - REOUEST J H:l vd Please Encl . ❑ READ To -Lv 1 F------ HANDLE — ❑ APPROVEt,2SC and❑ 1�FORWARD —� H VC ❑ RETURN t Lj KEEP OR DISCARD ❑ REVIEW WITH ME _ Ve—MbOA G. Dal•�'L�7-- From — - INSPECTION NOTICE City of Tigard Building Department P O. Box 23397 Tigard, Oregon 972.23 Phone: 639-4175 i Type nF Inspection .�_•_ — `�--,��`�L-- �L- Date Requested_' 7_Time _ A.M. P.M. Address 7�D — Permit Owner__ _ —_.. Lot # Builder _ -- ----The following Building Code deficiencies are required to be corrected: 1 GtJ s-ro 1 Presented t [ Approved 7 Inspector _y%7 _ __..— n Disapproved Date j 1"'M It 111101111 1-11M11 1111 7N4 CALL FOR REINSPECTION ❑ YES rho ROUTING - REQUEST Please CJ READ To ❑l HANDLE CJ APPROVE <tif-(� .Of "r f� _ e((ndd / LY1 FORWARD ��' � �/l ❑ RETURN9 if t�� ❑ KEEP OR DISCARD ❑ REVIEW 6 0 WITH ME Dole G From APPLICATION -- STREET IMPROV '/TENT/EXCAVATION COPY TO: OR DI N ANS E NO 74-14 ❑ (WHITE)-FILE ❑ (YELLOW)•INSP. (INSTRUCTIONS, ON SEPDRATE SHEET) ❑ (OINK)-OTHER AGENCY ❑ (BLUE)-APPLICANT APPROVED APPLICATION NO.:--s NOT APPROVED 0 CITY OF TIGARD,OREGON FEE AMT.: i PENDING FEE. PMT. ❑ CITY HALL RECEIPTV: �� PENDING SELURITY 11PUBLIC WORKS DEPARTMENT BY_' DATE- / (29 /- PENDING AGENCY "OK" ❑ Application and Progress Record — — — — — — — MAINTENANCE BOND Jf__ PENDING INFORMATION ❑ FOR STREET IMPROVEMENT/EXCAVATION AS REQUIRELI ANNUAL PENDING VARIANCE CJ EXPIRATION DATE: &. QQ - PERMIT NO. - - C_> DATE ISSUED. C_/__ }�� BY: /,# � (1) APPLICATION IS y_H,E'R-E'BY L_MADE TO EXCAVATE FOR AND INSTAL . �c7"101/F /'.t/R O.tJ� : - e --- ZL.k:�L�_ A5 DESCRIBED HEREIN. IN FULL ACCORDANCE WITH CITY REQUIREMENTS. APPLICANT sQ'}f2 C _ _ -C (,(J NAM ADDRESS •,++ _ GITY - - --- --- -PHONE CONTRACTOR. IcJCs��tc� (sell l �C?I!(? l Nlnl C `17223 -- - NAME DORE _' PLANS BY ...t/�vsdd _ �- NAM,, ADORE / CITY PHONE ESTIMATED IMPROVEMENT -TOTAL VALUATION ( C/OST'): E/_. ) ;ism ----.-.--___- DOLLARS (2) EXCAVATION DATA: "OR OFflciysi;� -- uri`cIN�N O.tM x $- ��_ = f z 0 STREET DESCRIPTION PROGRESS & INSPECTION STATUS NAME SURFACE CUT CUT CUT LENGTH WIDTH DEPTH MATERIAL AINSTALLED gUANTITY /TYPE BY ITEM DATE REMARKS STREET 6tCT OPENED INSP C- R TIONIf F. Q ESTIMATED STREET OPENING, DATE __ P` / / E ESTIMATED STREET CLOSING DATE: '` / / 9T E _, --- - -� -- -- - D (3) SECURITY NO. CC�.�,4� SECURITY AMT.: _ CD"' STREET CLOSED SURETY CO.: A '� _ - Irm,- �+��cLGH E� FINAL y�/� U C[RTIf1ED CH[CK CASH O •OND r INSPEC. IH/ (4) PLOT PLAN INDICATE SITE PERTINENT PHYSICAL SPECIAL oRGVISIONS /CONDITIONS: FEATURES; EXCAVATION LOCATION AND EXTENT. 1 � ( e1 a�'� �V 7�"� >•� 1 1 CURB ' �� — _ _ _ .. _ 1� S• I 1 1 I S NOTE THE CITY OF TIGARD DOES NOT, HERESY, GRANT PERMISSION TO APPLICANTS TO CONDUCT WORK WHERE RIGHT-Or-WAY JURISDICTION IS THAT OF WASHINGTON COUNTY OR THE STATE OF OREGON. THE APPLICANT AGREES TO DEPOSIT THE REQUIRED SECURITIES, TO COMPLY WITH ALL PERTINENT LAWS AND CONSTRUCTION SPECIFICATIONS PERTINENT TO CONDUCT OF THE WORK. AND TO SAVE HARMLESS THE CITY AND ENIPLOYEES AGAINST ANY INJURY OR DAMAGE WHICH MAY RESULT FROM APPLICANTS ACTIONS. I / APPLICANTS SIGNATU E >f DATE ��1C�-��G / � New nsP►-�,�� 9 -� EICt �JJ I�.►T. MIA c r 5 Peri- n rr-f a -n 6,441) 1Fnx• „N,- w�►c-,C D A- zap J � 700 � I _a CVT 1 � s ' 7 I � 2ww11I I ,V I 3 x f � � i I i AGREEMENT WITH C JSITOR AND TRUSTEE ON SAVINGS OUNrS OR DEPOSITS This aj;reement is for the purposes :.,,:'_ging the requirements of yStreet penin Pe_mit Agreee..nt datcdJanuar4 25_ .L%ty!�etween the City of Tigard and ,_jgp eph Hughes Conatr• •_..tion and is entered into by the Deposacor Joseph Hu ),-a Constuction IN6d First Interstate Bank Trustee. The undersign-:d depositor and trustee do hereby assign the right to the. CiLy of Tigard '.o determine at its discretion the payment of all funds or se.curit.les held by First Interstate Bank of Oregon Raleigh Hills Branch as ttustee in the amount of$500.00 in Savings Account No. or. • Deposit No. or Time Deposit No. 1150021820 In the Bank in accordance with and for the purpose of Bonding p.!j� improvements described In the above stated Gtrpe Qi�2nina P&jnit Agreement. It is understood and agreed that the ZjrE,i Interatate Bank of 0regpp* *,* will hold such funds or securities in the amount of $��0.00 until an authorization or direction for payment is received from the City of Tigard and that the City of Tigard has the right to withdraw Prinicipal Funds with City of Tigard signature only, in the event of Non-Performance. All fund deposits shall be renewable at maturity and at rates and terms in effect at the time of renewal, and all interest shall be paid to or accrued as directed by the Depositor notwithstanding anything contained herein to the contrary. Thar the account is to remain open until such time as all Public Improvements are completed and accepted by the City of Tigard. Signet and dated agar Tntnratnta Rank PnrL1jmd0reg0n. This 1"u—sy day of 75th , 19�_. Signature of Depositor tnaeph Hughea Construction INC �--- 8.4aSXia.1fJ� Wrens 10110 S.W. Nimbus Suite B-3 Tigard Oregon 97223 Signature of City of Tigard Address__,, _ :/�;i i'/�.y, Tib ely.� ACCEPTANCE The undersigned hereby accepts the funds or securities deposited In the amount of f (LDn thisday of January , 1988 , and hereby acknowledges receipt o t e Passbook Savings- e—T count No. i or the Certificate for Deposit No. , or certifies that there is no Passbook issued for this account. t s utther agreed that said account will be held for the urea and purposes above stated until authorization for disposition is granted by the City of Tigard. Authorized Signature 7-41 i I Fwwt First Interstate Bank 6-mate of Oregon, N.A. Receipt For A Non-Transferable Time Deposit RECEIPT NO MMTD CODE ISSUE DATE MATURITY DATE INTEREST RATE [�$500.00**— BRANCH: 'NWT UNT i 1150021820 5 1-25-88 4-25-88 5.875 Raleigh Hills PHONE: 225-3488 Owner(s) Joseph Hughes Construction INC Reported TIN: 93-0847790 s Address $500.00 assigned to City of Tigard: Maturity Option- Automatic Renewal renew at Maturity until released by City of Tigarfpterest Frequency: Maturity 10110 S.W. Nimbus Suite B-3 Disburse To, 1150016500 Tigard, OR 97223 PrapandBy — n.,o, t_ea SCE IMPORTANT INF..ii'';;;.TiC fl ;.`N i;EVLR,"k I NOTICE TO CUSTOMER Funds on deposit in a rime account are contracted for a!axed period of time Interest will be paid at ilio rale prevailing at the time the deoet- I was received if the funds rema:n or deposit until maturity In the event the bink perm is payment before maturity,substantial Interest penalty Is required.The penalty for payment prior to maturity j k:: %" I of a time deviosi,at First Interstate Bank of Otegon consists of the '� ^• , follcwrnq 1. Where a timedepositwithamaurityof30day' orlesj'spedbefore maturity,a dopos,tor sha"forfeit an amount at least egl4l10 he amount of interest that could have been earned on the deposit a!the nominal (simple Interest)rate being veld on the depose had the hinds rema meal Ion deposit until maturity 2. Where a time deposit with a maturity of 31 days,or up to a x1 Including one year is pad before matunfy,a depositor shall forted an ., amount at least equal to 30 oays,rtllrust at the nominal(simple Inlet"!) _ rata being paid on the dFpost 3 Y."'we a lime deposit with a maturity of more than one year is pad before maturity,a depositor shall forfeit an amount of least equal to ao days of Interest of tho nominal(simple Interestl rate being paid on t"•e deposal. j 4 Where nacessary•a reduction m the pn.ncipal amount or ttw dapos4 will be made to effact the penalty ----�.��— �__ •��I1,,,„. •fir•;' N�iF;r-�•},,)- 62C 7