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OLSEN, LOREN & KAREN
0 ��_9 Filed for Record at Request of When Recorded Return to Name City Clerk Address 239 Fourth Street Bremerton, WA 98337 Document Title: Improvements Agreement (with bond) Project Name: Olsen Short Plat Developer Name: Loren and Karen Olsen Location: Northwest corner of Marine Drive and Dora Avenue Tax Parcel #: 152401 -2- 226 -2004 Abbreviated Legal A PORTION OF THE NORTHWEST QUARTER OF SECTION 15, Description: TOWNSHIP 24 NORTH, RANGE 1 ]IMPROVEMENTS AGREEMENT WHEREAS the City of Bremerton requires certain land developments to include public ' and private improvements including, but not limited to gutters, sidewalks, curbs, street lights, street widening and stormwater improvements, as a condition for plat, P U D , or building permit, and WHEREAS the undersigned, as owner of real property within the City of Bremerton, described in Exhibit "A" and attached hereto by reference herein, (hereinafter "Premises ") has made application for short plat which requires frontage improvements along Dora Avenue which include curb and gutter, sidewalk, road widening, and storm drainage conveyance according to PL99 -0059 Improvements Agreement Page 1 NOW, THEREFORE, the undersigned owner (hereinafter "Owner ") and the City of Bremerton (hereinafter "City "), in consideration of the City's approval of Owner's project and the mutual covenants set forth herein, the parties do hereby promise and agree as follows 1. Bond. The Owner shall post with the City Clerk a bond or bonds in an amount equal to one hundred percent and fifty (150 %) of a Contractor's estimated cost of construction of the improvements, described in Exhibit B and as approved by the City Engineer, in the amount of $23,52144 The bond shall provide, as a minimum, the following a The Owner shall complete the project in accordance with good and accepted engineering and construction practice b The Owner shall fully comply with all terms of this agreement c The Owner shall fully comply with all requirements of law in carrying out the project, and shall comply with all lawful requirements imposed by any agency with jurisdiction relating to the project d The bond shall be effective for at least two years after completion of construction unless affirmatively released sooner by the City, and shall guarantee the completed projects against defects in workmanship and materials Bond amount during guaranteed period shall be twenty percent (20 %) of the project cost e The bond must be approved by the City of Bremerton's Risk Manager and may take any of the following forms 1) One or more surety bonds issued by any surety company licensed to do business in the State of Washington 2) A cash deposit in the full bonded amount deposited with the City Treasurer 3) An assignment of funds on deposit in a licensed bank or credit union, in the full bonded amount and releasable only upon order of the City Engineer upon satisfactory performance of this agreement 2. Construction of Improvements. The Owner shall construct the improvements, described in Exhibit `B ", as directed by the City within two (2) years of submitting the bond to Improvements Agreement Page 2 the City for the construction of said improvements, unless an alternative time has been mutually agreed upon If the Owner fails to construct said improvements within the time described above, the City shall have the authority to construct said improvements The bond shall be forfeit to pay the costs of construction Costs incurred by the City in excess of the bond shall be assessed against the Owner and filed and recorded as a hen on the Premises under procedures for a mechamc and materialman's liens 3. Covenant. The undersigned further agrees that this Agreement and the promises made herein shall be binding upon the undersigned and their heirs, successors, and assigns 4. Standards. Owner agrees to construct said improvements in compliance with City standards in effect at time of construction 5. Permits. Owner shall obtain a Right -of -Way permit from the City for all work performed within the City Right -of -Way Owner shall also obtain all other permits required to complete the improvements OWNER(S) DATED STATE OF WASHINGTON) ss COUNTY OF KITSAP ) On this day personally appeared before me l�L�,�rn,�C'�,yS�i1e� to me known to be the individual(s) described in and who executed the within foregoing instrument, and acknowledged that they signed the same as their free and voluntary act and deed, for the uses and purposes therein mentioned GIVEN under my hand and official seal this jQ Zday of kti WDA Q. FOSSE - Notary Public in and for the State of Washington, residing My appointment expires g �/ CITY OF BREMERTON ACCE F0 DIRECTOk OF PtaLWWORKS & UTILITIES � pUt3LLC 1, Improvements Agreement Page 3 State of • N ( •, �A�ashtng. D O ✓ `tin` . � . • • • • �+iQ�.J EXHIBIT A LO T "A" AL PORTiON OF T hE NORTHWEST Q( ,ARTER OF SECTION 15 TOWINSHIF 24 NORTH, RANGE EAST W M IN KITSAP COUNTY WASHINGTON DESCRIBED AS FOLLOWS 13EG[hMNG AT A POI:~iT ON THE %EST tv1ARG1N Ol DORA AVENt;E W3'1CH IS NORTH 19=52 1" WEST 4110 00 FFFT ALONG T HF NORTH UKE JF 71M SCLT.HEAST QUARTER OF THE Y0R7PWEST QUARTER OF S-.ID SEC ON 15 kND SOUTH J0 In 54" WEST PARALLEL TO TrM NORTH SOUTH CE's - MR OF SECT ION LANE OF S MD SECTION 1' 412 63 FEET FROM THE v; ?RTHEAST CORNER 7F T1:E SOUI'FEAST t�1JARTER OF SA1J �fr1R - a,WES T QUARTER THENCE CON TI'I&ING At .0%G SAID WE MARGIN Y')U_H 00 0 16 54 WEST 144 60 FEET TI HENCE NORTH 49'4 + Q6' WEST 21 21 FEET TO TIRE E kSTE.RLY %4AS TIN' 01 viAR ',F DRIvE TrEAICE uORTH 4 , 00" EAS T a n� FEET THENCE NOR. H 4^ 10 E 4.ST 191 51 FEET -HENCE SOUTri 9 EAST ,4- ,5 FEET TO POINT OF BE;j11`1 INIG LOT "S" A POR nOU , GI 1 HL NORTF WLS t (it AR - E.R OF SEC TIO N 15 - OWNShIP 24 NORTH? RANGE . E , ,ST W "A 1N TS A? COUNTY A ASHINC 10'ti DESCRIL ED AS FOLLOWS CONOYLNCING AT A PCItiT OA TTY W EST MARGIN OF DORA 4', U2 WHICH IS NORTH 89 0 !:'1 5 - W E 5 T 9M M FEET AL ON THE NOR - ri LIAc OF HE 3 OURiE 3ST QUAL RTE IA OF rrIE - N 0 RIHWE : QL ARI ER OF SA SECT ION 15 AND , ,GUTH -)+)' ] 6'5L Vr E5T F A Lsj_.EL T:, THE NOP :rH SOUTH CE,'7zR OF SECTIC)N LINE OF SAS SECTIIDN 15 412 F; FEET KOM TTM NCRTFEAST CORNNrR OF TH SGL7HE hST QUAR i ER OF SAID NORTI.I%VEST QUARTER TLMNCc NGRT`H A9°5:'!S "IM T i6l) n0 F4ETT0 ; riE ~OTNTOF BE0IN -, J\f J 7fENCE CONT2NiJING NCR'rt 49''52'15 JEST 4-1.4c FEET TO THE EAST =?L r MARGIN OF MARINE DRIB E, 7MBNC_E AL SAID E AS`E ?L': MARGIN INORTIJ 4' 23 W WES i 8 4N} FED THENCE SC(TH 47')'100" WEST 5 ijo Fa 'r CE NORTF_ 42`2: nt, VEST 9'' 4, rEET THENCE LEATINC ckID EA S�EPL� 41A RGIN SOUI"n 8 9'52'.' {6" EAF"' , 2 ,its FEE .'I�EyCc ivORT1t 'tr''6''�' c :e' a' u- FEZ THENCE SCL'Tri 8o° :2'156 EAST 100 W FEET THENCE SOL T r U(II1654" WEST 6003 F=ET T 5 ":2 iJti" EAST lm, %, FEETT0 'rl- E'NEST?vlA.RGi ; OF DORA ,I'v'ENLE 71 ALONG SAP, Nt-kPGiN SOUTH ooQJ6'51" WEST 20 0t FEET THENCE \ORT;~ 89`52' ] i6 " VEST io0 00 =�': THtNCF SCUM 00' 16 s4" WES- S2 e3 FE T© T' - ?DINT OF BECiNNINC LOT "C" A 1CR T i0', OF THE .NOR +1WTST {I: A.R TIER OF SEC ; N 15, TOW '4SF,7 Za NOR - H RANriE 1 EA �-T W NI, iN K,7 W' ASHI]NC, 7 QN DESCkBED A S FOL-OWS BEGII N;ti C AT a POINT ON T�tE '', E'ZT -Ni A RUN CF DCR AVENUE WHICH 3 NORTH 8` U WEST Y)n (x) FEET ALONC THE NORTh LINE OF 71 -F SOUTiaALST QUARTER OF T:-1 NORTHWEST QU ARTER OF S AID SECTION 15 AIM SOUTH OT 16 54" WEST PARALLEL 70 71 :NORTH SOUTH CE OF $EC: iON LINE OF SAID SECTION 15; 41163 FEET FROM THE NORTHE 4 ST CORNER OF THE Scat 11-1LAST QL A RTER OF S i C2UARTE�, THENC'_ NORT'rl 39 A= 160 OC =,- THENCE NORTH M IG54" EAST 82 o? FEET, THENCE SOU 89` IN) EAST 1 (d) tXI FEET TO lHF WEST NMA_RGY OF D OI- AVEI; E, TIMl-,'CE ALOK SAID MAPG[N SOU'TIJ 00 0 16'54" WEST 82 h3 FEET TO THE PO TIN7 OF BEGR NNING EXHIBIT B 340 lineal feet of cast -m -place concrete curb and gutter and sidewalk, a Type II catch basin, 20 lineal feet of 12" storm piping and any associated pavement widening Improvements Agreement