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HomeMy WebLinkAboutPW09-275 - Original - MKB Contractors, Inc. - 272nd Street Corridor Bridge: Statement of Release - 01/04/2002 RELEASE FOR AND IN CONSIDERATION of the delivery of Seventeen Thousand Five Hundred One Dollars ($17,501 00), receipt of which is hereby acknowledged, the undersigned, authorized representative of the City of Kent, a Washington municipal corporation("City"),does hereby release and forever discharge MKB Contractors, Inc ("MKB") from performing corrective work on the East bound approach slab, located on the East side of the 272°d Street Corridor Bndge("Approach Slab"), which may have been required due to out of specification construction work known of as of the date of this agreement, on a City project known as the 2 7 2nd Street Corridor Bridge. IT IS UNDERSTOOD THAT THIS IS A FULL AND FINAL RELEASE, and full compromise and settlement of any and all claims for corrective work the City may have against MKB arising from out of specification construction work on the Approach Slab, which may have been required due to out of specification construction work known of as of the date of this release. This agreement specifically releases MKB from performing work necessary to match the adjacent asphalt with the Approach Slab, when the need to do so is caused by the out of specification construction work known of as of the date of this release This release does not apply to damages that may be attributed to factors not linked to the out of specification construction work performed on the Approach Slab known of as of the date of this release It is further agreed that this is not an admission of liability on the part of the settling parties, but rather a compromise, the express purpose of which is to preclude any additional claims and to avoid the uncertainties of claim disputes and litigation. THIS RELEASE is being executed after having had an opportunity to consult with an attorney The undersigned states that this Release has been carefully read and is signed as that person's free act and deed. This release will become effective on the last date entered below CITY OF KENT Jim rte Ma or , Dat `. t 77 o� f (Notary Acknowledgement Appears on Next Page) RELEASE OF CLAIMS- Page 1 of 2 (Between City of Kent and MKB Contractors, Inc) I � STATE OF WASHINGTON ) ss COUNTY OF KING ) On this day ,-N)O1;before me a Notary Public inand for the State of Washington, personally eared Jim ite, on behalf of the City of Kent as its Mayor, a Washington municipal corporation that executed the foregoing instrument, and acknowledged it to be the free and voluntary act of said corporation, for the uses and purposes mentioned in tins instrument, and on oath stated that they were authorized to execute said instrument -Notary Seal Must Appear Within This Box- �N WffFg ESS WHEREOF, I have hereunto set my hand and official seal the day and`krear gist ap64 written. ;u AU et,a c NOTARY�PIUBUC, in and for the State of Washington +e` residing '••.bor I S*\se My appointment expires P CrvdFVESOP�da`LI]]2001\0.Nmo-MICSAPP^�o�dnc RELEASE OF CLAIMS Page 1 of (Between City of Kent and MKB Contractors, Inc) x. �j��k��$'3��Yt}'`:rill. ��� ,kl:"„ iM• �df!,�.�*�'�,< > x��{4 '�M<C w KENT Please Fill to All Applicable Boxes WASHIMOTON Routing Information ALL REQUESTS MUST FIRST BE ROUTED THROUGH THE LEGAL DEPARTMENT Originator: 5-ze-e,12�7 � �P Phone (Originator)- Date Sent: ZOvZ. Date Required: Return Signed Document to: CONTRACT TERMINATION DATE: VENDOR NAME: 1-1y,f VENDOR NO. Brief Explanation of Document: 7-/ 14--'; ✓ 49 2-/7 All Contracts Must Be Routed Through the Legal Department (This Area to be Completed By the Legal Department) Received: f— C/ 47 Z Approval of City Attorney: City Attorney Comments: 'Date`Forwarded to,Mayor: Shaded Areas to Be Completed by Administration Staff Recomri%endations &Comments. -,.,..•.....�,+iw .'� i`v <� - .�-.—... ..........a.�.»..:Nw.-�—�.r..-.e-....�,..,...=..w+w.,.rwwe«»a..+..«+.r.+�.o-w-.vI e zc��te 12��$Cttt�ed: � � � .,....W....�,w_,,.�.o�...�..`,....,.,_.....__.....,.......«�,__..,_m.»,,......,.._ , .•,e•--1 I at002680 7/26/01