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Home My WebLink AboutBonding, Signing, Recording Final Plat** TX CONFIRMATION REPORT ** DATE TIME TO/FROM 06 07/27 15:36 509 353 3905 i IDAHO ��a'+f,iiSn:rne VN.V:Y !nee 790] MAYOR I Tammy de Weerd II CITY COUNCIL MEMBERS Keith laird Joseph W. Borton Charles M. ROUAUCc Shaun Wardle I June 30, 2006 AS OF JUL 27 '06 15:37 PAGE.01 CITY OF MERIDIAN MODE MIN/SEC PGS CMD# STATUS EC --S 00'54" 003 022 OK CITY DEPAXrMr.NTS City Attorney/1-IR 703 Main Street Renne R. Diiton 898.5506 (City Attorney) International Banking Department I✓q VVI C V� 898-5503 (FIP) Washington Trust Bank Fax 884-8723 P.C. Box 2127 t! l( C�'i 0. )L Fire 540 L. Franklin Road Spokane, WA 99210-2127 J 509-353-4977 fax 509-3,53-3905 888-1234 / fax 895-0390 Parks & 1 cnreation Re: Return Letter of Credit for Larkspur Subdivision 11 W. Power Stroet 888-3579 / fax 898-5501 for Larkspur, LLC Planning 660 E. Watertower Lane After a site inspection and review of Larkspur Subdivision project by the Planning Department and the Public Suite 202 389-5533/fax 888-6844 Works Department, it has been determined to release the Letter of Credit of $299,088. 50 to you for the completed site improvements of sewer, water, street lights, pathway, 401 1 J 401 E. Watertower Lana landscaping, fencing, and pressurized irrigation. Please use this letter as 888-6678 / Fa x 2346.7366 authorization for Washington Trust Bank to release the irrevocable Public Works Standby Letter of Credit No. 22547. 660 E. Watertower Lane Shite 200 898.5500 If you have any questions please contact me. Thank you for your / fax 895-9551 cooperation. - Building 660 E. Watertower Lane .Sincerely Suite 150 887-2211 /fax 387-1297 Wastewater �,(� C_�%r""' `� 3401 N. Ten Mile Road / fax 884-0744 William G. Berg, Jr.888-2)9.1 g - Water City Clerk 2235 N.W. 8th.Street 888-52.42 / fax 884-1159 Enclosure CITY HAf,L 33 EAST IDAHO AVENCIE MERIDIAN, IDA140 83642 (208) 885-[ 433 CITY CLERK - FAX 888-4219 FINANCE& UTILITY BILLINC-FAX 887-4813 MAYOR'SOFFICH-FAX884.8119 Printed on iecycLad paper ** TX CONFIRMATION REPORT ** DATE TIME TO/FROM 07 07/27 16:2S 2063950230 cif rG'r.,1„ CffY Cif- lY12 II)AHO 1 3111E; MAYOR I 199UU Tammy de Weerd CITY COUNCIL. MEMBFR$ .Keith Bird Joseph W. Sorton Charles M. Rountree Shaun Wardle Cr7Y DEPARTMENTS City Attorney/1-IR 703 Main Street 598-5506 (City Attorney) 898 :5503 (HR) Fax 884-8723 Fire 540 E. Franklin Road 888.1234 / fax 895-0390 Parkg & Recreation 11 W. Bower Sri ect 868-3579 / fax 896-5501 Planning 660 E. Watt-rtuwer Lane Suf to 202 884-5533 /fax 858-6844 ['dice 1401 F. Watertower Lane 888-6678 / fax 846-7366 Public Works 660 E. Watertower Lane Suite 200 89S-5500/fax 895-9551 Building 660 E. Watertower Land. Suite 1.50 887-2217 / fax 887-1297 Wastewater 3401 N. Ten Mile Road S88-2191 / fax 884-0744 Water 2235 N.W. Sth Street 888-5242 / fax 884-1159 June 30, 2006 AS OF JUL 27 '06 16:29 PAGE.01 CITY OF MERIDIAN MODE MIN/SEC PGS CMDtt STATUS EC --S 01'07" 004 024 OK s Renne R. Ditton International Banking J Washington Trust Ban P.O. Box 2127 Spokane, WA 99290-z i ei 509-353-4177 fax 509-353-3905 Re; Return Letter of Credit for Larkspur Subdivision for Larkspur, LLC After a site inspection and review of Larkspur Subdivision project by the Planning Department and the Public Works Department it has been determined to release the Letter of Credit of $299,088.50 to you for the completed site improvements of sewer, water, street lights, pathway, landscaping, fencing, and pressurized irrigation. Please use this letter as authorization for Washington Trust Bank to release the Irrevocable Standby Letter of Credit No. 22547. If you have any questions please contact me. Thank you for your cooperation. Sincerely William G, Berg, Jr, City Clerk Enclosure C11Y FALL 33 EAST IDAHO AVENUE MERIDIAN, IDAHO 83642 (208) 888-4433 CIIYCLERK-FAX $88-4215 FINANCE &IJ111,1iVBILLINC-FAX $87-4813 MAYOR'SOFFJCE-FAX884-$119 Printed on re:;yOM pper CITY OF IDAHO �. f Eq j` TREASURE VN-�Y SINCE 1903 MAYOR Tammy de Weerd CITY COUNCIL MEMBERS Keith Bird Joseph W. Borton Charles M. Rountree Shaun Wardle CITY DEPARTMENTS City Attorney/HR 703 Main Street 898-5506 (City Attorney) 898-5503 (HR) Fax 884-8723 Fire 540 E. Franklin Road 888-1234/fax 895-0390 Parks & Recreation 11 W. Bower Street 888-3579/fax 898-5501 Planning 660 E. Watertower Lane Suite 202 884-5533/fax 888-6844 Police 1401 E. Watertower Lane 888-6678 / fax 846-7366 Public Works 660 E. Watertower Lane Suite 200 898-5500 / fax 895-9551 - Building 660 E. Watertower Lane Suite 150 887-2211 / fax 887-1297 - Wastewater 3401 N. Ten Mile Road 888-2191/fax 884-0744 Water 2235 N.W. 8th Street 888-5242/fax 884-1159 June 30, 2006 Benne R. Ditton International Banking Department Washington Trust Bank P.O. Box 2127 Spokane, WA 99210-2127 509-353-4177 fax 509-353-3905 Re: Return Letter of Credit for Larkspur Subdivision for Larkspur, LLC After a site inspection and review of Larkspur Subdivision project by the Planning Department and the Public Works Department, it has been determined to release the Letter of Credit of $299,088.50 to you for the completed site improvements of sewer, water, street lights, pathway, landscaping, fencing, and pressurized irrigation. Please use this letter as authorization for Washington Trust Bank to release the Irrevocable Standby Letter of Credit No. 22547. If you have any questions please contact me. Thank you for your cooperation. Sincerely e6�0 William G. Berg, Jr. City Clerk Enclosure CITY FALL 33 EAST IDAHO AVENUE MERIDIAN, IDAHO 83642 (208) 888-4433 CITY CLERK -FAX 8884218 FINANCE & UTILITY BILLING -FAX 8874813 MAYOR'S OFFICE -FAX 884-8119 Printed on recycled paper Washington Trust Bank I AMENDMENT #01 TO IRREVOCABLE STANDBY LETTER OF CREDIT NO. 22547 DATED: APRIL 28, 2005 AMOUNT: $299,088.50 APRIL 28, 2006 City of Meridian Attn: Will Berg 33 E, Idaho Ave. Meridian, ID 83642 Gentlemen: This letter will serve as our Amendment to Letter of Credit No. 22547 in your favor for the account of LARKSPUR, LLC, 1771 N. Wildwood, Suite 200, Boise, ID 83713 up to the aggregate amount of TWO HUNDRED NINETY NINE THOUSAND EIGHTY EIGHT AND 50/100 -------- Dollars ($299,088.50) covering Larkspur Subdivision as follows: • Amend expiry date FROM "April 28,2006" TO "April 28,2007". All other terms and conditions of Letter of Credit No. 22547 remain unchanged. Sincerely, Dean L. Oberst Regional Senior Vice President Washington Trust Financial Center P. O. Box 2127, Spokane, Washington 99210-2127 (509) 353-4177 Fax (509) 353-3905 Washinsjton Trust Bank 11 IRREVOCABLE STANDBY LETTER OF CREDIT NO. 22547 AMOUNT: $299,088.50 DATE: APRIL 28, 2005 City of Meridian Attn: Will Berg 33 E. Idaho Ave. Meridian, ID 83642 Gentlemen: We hereby establish our Irrevocable Standby Letter of Credit No. 22547 in your favor for the account of LARKSPUR, LLC, 1771 N. Wildwood, Suite 200, Boise, ID 83713, up to the aggregate amount of TWO HUNDRED NINETY NINE THOUSAND EIGHTY EIGHT AND 501100 --------Dollars ($299,088.50) U.S. currency, available by your draft(s) drawn at sight on us and presented to Washington Trust Bank on or before APRIL 28, 2006 covering Larkspur Subdivision and accompanied by the following: 1. A signed statement from City of Meridian reading exactly as follows: "I, the undersigned duly authorized representative of City of Meridian, hereby certify that the draft drawn under this Letter of Credit represents the amount of money required to complete the subdivision improvements at the Larkspur Subdivision." 2. The original of this Letter of Credit. All drafts presented under the credit must contain the clause 'Drawn under Washington Trust Bank Letter of Credit No. 22547". Any and all banking charges, other than those of the issuing bank, are for the account of the beneficiary. We hereby engage with the drawers and bona fide holders of drafts drawn under and in compliance with the terms of this Letter of Credit that the drafts will be duly honored upon presentation and delivery of documents, as specified, to Washington Trust Bank, 3251 E. Presidential Drive, Meridian, ID 83642, on or before APRIL 28, 2006. All drawings under this credit will be governed by the Uniform Customs & Practice for Documentary Credits (1993 Revision) International Chamber of Commerce Publication No. 500. Sincerely, Renne R. Ditton Assistant Vice President International Banking Department Washington Trust Financial Center P. O. Box 2127, Spokane, Washington 99210-2127 (509) 353-4177 Fax (509) 353-3905 PREADSHEET me: Larkspur piled: F 6/21/2005 redit/Bond No.: 22547 Washington Trust Bank Expiration Date: 41 996 4/2812007 Check No.: na Party Responsible Date Signed Off/ Unfinished Partial Suret For Si n -Off Person Comments Item Sanitary Sewer -internal $36,095.00 $36,095.00 Public Works 1/24/06 RF Sanitary Sewer -offsite $0.00 $0.00 Water -internal $89,335.00 $8,933.50 $98,268.50 Public Works 1/24/06 RF Water- Offsite $0.00 $0.00 Public Works Street Lights $4,716.00 $471.60 $5,187.60 Building 9/15/05 HW Landscaping $27,410.00 $2,741.00 $30,151.00 PZ 6/27/06 AH Pathways $22,500.00 $2,250.00 $24,750.00 PZ 6/27/06 AH Fencing $55,984.00 $5,598.40 $61,582.40 PZ 8/16/05 JW Tiling $0.00 $0.00 PZ Pressurized Irrigation $39,140.00 $3,914.00 $43,054.00 NMID 6/21/06 NMID Gravity Irrigation $0.00 $0.00 NMID Other: $0.00 $0.00 PW $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TOTAL: $239,085.00 $60,003.50 $299,088.50 received extension on full amount 4/28/06 kg 6/27/06 RELEASE IN FULL KG Page 1 of 1 Will Berg From: Karie Glenn Sent: Tuesday, June 27, 2006 10:37 AM To: Will Berg Subject: LOC Release - Larkspur Attachments: Larkspur.xls attached detail sheet 6/27/2006 Washington Trust Bank 11 AMENDMENT #01 TO IRREVOCABLE STANDBY LETTER OF CREDIT NO. 22547 DATED: APRIL 28, 2005 AMOUNT: $299,088.50 APRIL 28, 2006 City of Meridian Attn: Will Berg 33 E, Idaho Ave. Meridian, ID 83642 Gentlemen: This letter will serve as our Amendment to Letter of Credit No. 22547 in your favor for the account of LARKSPUR, LLC, 1771 N. Wildwood, Suite 200, Boise, ID 83713 up to the aggregate amount of TWO HUNDRED NINETY NINE THOUSAND EIGHTY EIGHT AND 50/100 -------- Dollars ($299,088.50) covering Larkspur Subdivision as follows: • Amend expiry date FROM "April 28, 2006" TO "April 28,2007". All other terms and conditions of Letter of Credit No. 22547 remain unchanged. Sincerely, Dean L. Oberst Regional Senior Vice President Washington Trust Financial Center P. O. Box 2127, Spokane, Washington 99210-2127 (509) 353-4177 Fax (509) 353-3905 Washirx3ton Trust Bank r IRREVOCABLE STANDBY LETTER OF CREDIT NO. 22547 AMOUNT: $299,088.50 DATE: APRIL 28, 2005 City of Meridian Attn: Will Berg 33 E. Idaho Ave. Meridian, ID 83642 Gentlemen: We hereby establish our Irrevocable Standby Letter of Credit No. 22547 in your favor for the account of LARKSPUR, LLC, 1771 N. Wildwood, Suite 200, Boise, ID 83713, up to the aggregate amount of TWO HUNDRED NINETY NINE THOUSAND EIGHTY EIGHT AND 50/100 --------Dollars ($299,088.50) U.S. currency, available by your draft(s) drawn at sight on us and presented to Washington Trust Bank on or before APRIL 28, 2006 covering Larkspur Subdivision and accompanied by the following: 1. A signed statement from City of Meridian reading exactly as follows: "I, the undersigned duly authorized representative of City of Meridian, hereby certify that the draft drawn under this Letter of Credit represents the amount of money required to complete the subdivision improvements at the Larkspur Subdivision." 2. The original of this Letter of Credit. All drafts presented under the credit must contain the clause "Drawn under Washington Trust Bank Letter of Credit No. 22547". Any and all banking charges, other than those of the issuing bank, are for the account of the beneficiary. We hereby engage with the drawers and bona fide holders of drafts drawn under and in compliance with the terms of this Letter of Credit that the drafts will be duly honored upon presentation and delivery of documents, as specified, to Washington Trust Bank, 3251 E. Presidential Drive, Meridian, ID 83642, on or before APRIL 28, 2006. All drawings under this credit will be governed by the Uniform Customs & Practice for Documentary Credits (1993 Revision) International Chamber of Commerce Publication No. 500. Sincerely, Renne R. Ditton Assistant Vice President International Banking Department Washington Trust Financial Center P. O. Box 2127, Spokane, Washington 99210-2127 (509) 353-4177 Fax (509) 353-3905 AM Washington Trust Bank � APRIL 28, 2006 City of Meridian Attn: Will Berg 33 E, Idaho Ave. Meridian, ID 83642 RE: Irrevocable Standby Letter of Credit No. 22547 LARKSPUR, LLC Dear Sirs: City of Meridian City Clerk Office Attached is an amendment on the above referenced Letter of Credit. Please acknowledge your acceptance or refusal of this amendment by signing the acknowledgement below and return this letter to us in the envelope provided. Thank you for your prompt response regarding this amendment. Sincerely, i Dean L. Oberst Regional Senior Vice President ACKNOWLEDGEMENT: We hereby acknowledge that we MACCEPT OR [] REFUSE the amendment on the above referenced Letter of Credit. CITY OF MERIDIAN By: %� i ,� Title: W -m-off Washington Trust Financial Center P. O. Box 2127, Spokane, Washington 99210-2127 (509) 353-4177 Fax (509) 353-3905 WashingtonTrust Ban AMENDMENT #01 TO IRREVOCABLE STANDBY LETTER OF CREDIT NO. 22547 DATED: APRIL 28, 2005 AMOUNT: $299,088.50 APRIL 28, 2006 City of Meridian Attn: Will Berg 33 E, Idaho Ave. Meridian, ID 83642 Gentlemen: This letter will serve as our Amendment to Letter of Credit No. 22547 in your favor for the account of LARKSPUR, LLC, 1771 N. Wildwood, Suite 200, Boise, ID 83713 up to the aggregate amount of TWO HUNDRED NINETY NINE THOUSAND EIGHTY EIGHT AND 501100 -------- Dollars ($299,088.50) covering Larkspur Subdivision as follows: • Amend expiry date FROM "April 28,2006" TO "April 28,2007" All other terms and conditions of Letter of Credit No. 22547 remain unchanged. Sincerely, Dean L. Oberst Regional Senior Vice President Washington Trust Financial Center P. O. Box 2127, Spokane, Washington 99210-2127 (509) 353-4177 Fax (509) 353-3905 SURETY SPREADSHEET Project Name: Larkspur Date Compiled: 6/21/2005 Letter of Credit/Bond No.: 22547 Issued By: Washington Trust Bank Expiration Date: 412812006 4/28/2007 Check No.: na Party Responsible Date Signed Off/ Item Unfinished Partial Suret For Sian -Off Person Comments Sanitary Sewer -internal $36,095.00 $36,095.00 Public Works 1/24/06 RF Sanitary Sewer -offsite $0.00 $0.00 Water -internal $89,335.00 $8,933.50 $98,268.50 Public Works 1/24/06 RF Water- Offsite $0.00 $0.00 Public Works Street Lights $4,716.00 $471.60 $5,187.60 Building 9/15/05 HW Landscaping $27,410.00 $2,741.00 $30,151.00 PZ 6/27/06 AH Pathways $22,500.00 $2,250.00 $24,750.00 PZ 6/27/06 AH Fencing $55,984.00 $5,598.40 $61,582.40 PZ 8/16/05 JW Tiling $0.00 $0.00 PZ Pressurized Irrigation $39,140.00 $3,914.00 $43,054.00 NMID 6/21/06 NMID Gravity Irrigation $0.00 $0.00 NMID Other: $0.00 $0.00 PW $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TOTAL: $239,085.00 $60,003.50 $299,088.50 received extension on full amount 4/28/06 kg 6/27/06 RELEASE IN FULL KG Page 1 of 1 Will Berg From: Karie Glenn Sent: Tuesday, June 27, 2006 10:37 AM To: Will Berg Subject: LOC Release - Larkspur Attachments: Larkspur.xls attached detail sheet PREADSHEET me: Larkspur iled: F 6/21/2005 redit/Bond No.: 22547 Washington Trust Bank Expiration Date: 4J2812006 4/28/2007 Check No.: na Party Responsible Date Signed Off/ Unfinished Partial surety For S' n -Off Person Comments Nem Sanitary Sewer -internal $36,095.00 $36,095.00 Public Works 1/24/06 RF 7 Sanitary Sewer -offsite $0.00 $0.00 Water-intemal $89,335.00 $8,933.50 $98,268.`50 Public Works 1/24/06 RF Water- Offsite $0.00 $0.00 Public Works Street Lights $4,716.00 $471.60 $5,187.60 Building 9115105 HW Landscaping $27,410.00 52,741.00 $30,151.00 PZ Pathways $22,500.00 $2,250.00 $24,750.00 PZ Fencing $55,984.00 $5,598A0 $61,582.40 PZ 8/16/05 JW Tiling $0.00 $0.00 PZ Pressurized Irrigation $39,140.00 $3,914.00 $43,054.00 NMID Gravity Irrigation $0.00 $0.00 NMID Other: $0.00 $0.00 PW $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TOTAL: $239,085.00 $60,003.50 $299,088.50 received extension on full amount 4/28/06 kg Will Berg From: Karie Glenn Sent: Friday, April 28, 2006 8:33 AM To: Will Berg Subject: Larkspur.xls Attachments: Larkspur.xls I LarkspurAs (16 KB) Attached detail sheet -- you have receive the original LOC amendment and forwarded a copy to me -- THANK YOU. Please accept the amendment as received. ** TX CONFIRMATION REPORT ** DATE TIME TO/FROM 09 0427 16:57 PUBLIC WORKS AS OF APR 27 106 16:58 PAGE.01 CITY OF MERIDIAN MODE MIN/SEC PGS CMD# STATUS EC --S 00'32" 002 129 OK Washington Trust Bank KELENED APRIL 28, 2006 APR 2 7 2006 City of Meridian City Clerk Office City of Meridian Attn: Will Berg 33 E, Idaho Ave. Meridian, ID 83642 RF: Irrevocable Standby Letter of Credit No. 22547 LARKSPUR, LLC Dear Sirs: Attached is an amendment on the above referenced Letter of Credit. Please acknowledge your acceptance or refusal of this amendment by signing the acknowledgement below and return this letter to us in the envelope provided. Thank you for your prompt response regarding this amendment. Sincerely, Dean L. Oberst Regional Senior Vice President ACKNOWLEDGEMENT: We hereby acknowledge that we 11 ACCEPT OR R REFUSE the amendment on the above referenced Letter of Credit. CITY OF MERIDIAN By: Title: Washington Tiust Financial Center P. U. Box 2127, Spokane, Washington 99210.2127 (509) 353-4177 Fwx (509) 353-3905 Washington Trust Bank 1' APRIL 28, 2006 City of Meridian Attn: Will Berg 33 E, Idaho Ave. Meridian, ID 83642 RE: Irrevocable Standby Letter of Credit No. 22547 LARKSPUR, LLC Dear Sirs: Rty of Meridian ty Clerk Off icx Attached is an amendment on the above referenced Letter of Credit. Please acknowledge your acceptance or refusal of this amendment by signing the acknowledgement below and return this letter to us in the envelope provided. Thank you for your prompt response regarding this amendment. Sincerely, Dean L. Oberst Regional Senior Vice President ACKNOWLEDGEMENT: We hereby acknowledge that we 0, ACCEPT OR F'� REFUSE the amendment on the above referenced Letter of Credit. CITY OF MERIDIAN By: Title: 66;f2 C v4� V W'Zg-OVl Washington Trust Financial Center P. O. Box 2127, Spokane, Washington 99210-2127 (509) 353-4177 Fax (509) 353-3905 AMENDMENT #01 TO IRREVOCABLE STANDBY LETTER OF CREDIT NO. 22547 DATED: APRIL 28, 2005 AMOUNT: $299,088.50 APRIL 28, 2006 City of Meridian Attn: Will Berg 33 E, Idaho Ave. Meridian, ID 83642 Gentlemen: This letter will serve as our Amendment to Letter of Credit No. 22547 in your favor for the account of LARKSPUR, LLC, 1771 N. Wildwood, Suite 200, Boise, ID 83713 up to the aggregate amount of TWO HUNDRED NINETY NINE THOUSAND EIGHTY EIGHT AND 501100 -------- Dollars ($299,088.50) covering Larkspur Subdivision as follows: • Amend expiry date FROM "April 28,2006" TO "April 28,2007". All other terms and conditions of Letter of Credit No. 22547 remain unchanged. Sincerely, Dean L. Oberst Regional Senior Vice President Washington Trust Financial Center P. O. Box 2127, Spokane, Washington 99210-2127 (509) 353-4177 Fax (509) 353-3905 City of - • - RECEIVED Public Works Dept. JUN 2 2 2005 City of Meridian City Clerk Office Memo To: Will Berg From: Lenard Grady, P.E. CC: File, Karie, P & Z Staff Date: 6/21/05 Re: Larkspur I have signed the plat for the above project and am forwarding it to you for your signature. Based on our research of the project files, all conditions imposed by the Public Works Department and City Council have been met. I am also forwarding original letter of credit No. 22547 (Washington Trust Bank — dated 4/28/05) for $299,088.50. This represents surety for items, and in amounts, listed on the attached spreadsheet. Please call Treasure Valley Engineers at 463-0305 when the plat is ready to be picked up. Please call me if you have any questions. Thank you. From the desk of... Lenard Grad, PY. Acting City Engineer Meridian Public Works Department 660 E. W atertower Lane, Suite 200 Meridian, Idaho 83642 (208)898-5500 Fax: (208) 887-1297 • Page 1 watsonb@ci.meridian.id.us Washington Trust Bank rip%, IRREVOCABLE STANDBY LETTER OF CREDIT NO. 22547 AMOUNT: $299,088.50 DATE: APRIL 28, 2005 City of Meridian Attn: Will Berg 33 E. Idaho Ave. Meridian, ID 83642 Gentlemen: We hereby establish our Irrevocable Standby Letter of Credit No. 22547 in your favor for the account of LARKSPUR, LLC, 1771 N. Wildwood, Suite 200, Boise, ID 83713, up to the aggregate amount of TWO HUNDRED NINETY NINE THOUSAND EIGHTY EIGHT AND 501100 --------Dollars ($299,088.50) U.S. currency, available by your draft(s) drawn at sight on us and presented to Washington Trust Bank on or before APRIL 28, 2006 covering Larkspur Subdivision and accompanied by the following: 1. A signed statement from City of Meridian reading exactly as follows: "I, the undersigned duly authorized representative of City of Meridian, hereby certify that the draft drawn under this Letter of Credit represents the amount of money required to complete the subdivision improvements at the Larkspur Subdivision." 2. The original of this Letter of Credit. All drafts presented under the credit must contain the clause 'Drawn under Washington Trust Bank Letter of Credit No. 22547'. Any and all banking charges, other than those of the issuing bank, are for the account of the beneficiary. We hereby engage with the drawers and bona fide holders of drafts drawn under and in compliance with the terms of this Letter of Credit that the drafts will be duly honored upon presentation and delivery of documents, as specified, to Washington Trust Bank, 3251 E. Presidential Drive, Meridian, ID 83642, on or before APRIL 28, 2006. All drawings under this credit will be governed by the Uniform Customs & Practice for Documentary Credits (1993 Revision) International Chamber of Commerce Publication No. 500. Sincerely, Renne R. Ditton Assistant Vice President International Banking Department Washington Trust Financial Center P. O. Box 2127, Spokane, Washington 99210-2127509 ( ) 353-4177 Fax (509)353-3905 p \ Y Y � RI v v 0-E zman.a o� o o co o a a uiCOO m EA M CO to rp N CO co CO) O N Orr^tn Co p coOMi EA M�(")Nco � Q 6R Epi EA EA N ui 04 00 0C) 0 0O 0 0 0 0 Cl 0 0 0 0 C=! O Lo LO 0 0 (fl a C vCOO O O M M Ni et r r 1- r V 0 to co O r E coCOO 0 ~ N� ti Q 0 EA 6A 69 � 4% 64 N 64 y �� o LO 0 0 0 0 0 0 0 .ft.X 0 0 00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cl O O�00tDCDaV LO 07 M EA d r r O CO Il - r Mr V LO M N m n C00 0) NNS r Q EA 6A 69- 64 6R EA MEA O w 4 0 H c ca >O C w c co m c c ~ O Q C c c O o cc cin O U cm •�. L G1 L co CM U c vJ C L i iii c O cCJ s- L J Q V7 M C C Q? Q_ G1 3 U) is =' > a� w(n: Q1 m � e = .- U c w 5 c O p 0CLcn-1ati U H d I Ltl l V 1' LARKSPUR SUBDIVISION NO. 1 A PORTION OF THE SWI/4 OF THE NW1/4 OF SECTION 19 TOWNSHIP 3 NORTH, RANGE 1 EAST, BOISE MERIDIAN, MERIDIAN, ADA COUNTY, IDAHO RUNNING BROOK ESTATES 2005 N F W z CL CALDERWOOD DR. �w FNS 3624 REBAR / N PLS 3624 IN 2 0 _ — — w CORNER 823'42'08"W, ( ) 0.23 FROM CORNER 89' 59' 26" E(l) M 1060.15' 1 — 63.5Q 9-7 27.00'27.0 — — — — — 707 — — — o TO THE CITY LANDSCAPE DSCOF MERIDIAN \ \\ \ \ \ 15'EASPENT 78.00' I 1 I \ \ \ II o N I n 1 10' PUBLIC U11LITY o BLOCK[i 78.00' I I EASEMENT\ \ X 9 yO c'j,. �v A X la n o n \ m N 1 \oP9y 1 cc tc a \ N a_ I \ \ F m 76.00' m N \ o Y 0 I-II v �0 9� Fy Fr 0 9 1, 78.00�II I — — — r — \s9 00' L6 EAS MPN i 2 lJ \ \ \P�hy� I N m SEE m ad o I m 27' 27' SHEETE2AIL 1 ^L9 �� ---------------------- — .00 1 84.00 N 89'59 26" W 62..94 — pB1 78.00 J J 103.00_ 123.14' J 65.36' 42.501 5� 50,E rQ.._2 47.45� 6 27' O !0 n o LOT 18 �� LOT 3 r BLOCK 2❑ N r � I �� A N IIS 0 h�L—B;_��dIa��o�m�•N I I°' � 1 16 I o °ZAY M/� iCLEat 86.35 L7 LOT 4 N / oS\ J ` I I 11^ N 4'; p`Y' ,yN of — -- AENT o o NL — Bl — — J m o N O Ac-'��,' r'`"> \/ 06.50' C ` ��`/ :T 2) I Io LOT 19 1N N C C 113.00 ,� /�A�\7 710)\�`? / G� 70.36' �0 ` ,// N78'39�9J _ I I� — C16 • LOT 5g�•�,,/C'� p • 70.36 u��/� N86'44 37,"W 4 �',r 6' \�3 C?' •�� p0 70.3 y— `�,jS �j6 / SLOT 20 IN 88.30 n 21' 21' �1 E.� 6 10 a 4� N rN LOT 20 ) • / M I n) \ s �P� g4 ]fi S5 �c Ft T mII I^ t 6 41 �vi"v ,� N o� 1 C 113.11r r H. R8•� L64 LO n u h� a F' ml IN O r�4� �: .( \> a� LOT 21 �. RI v /o o ° a • v a� q I IO �kP y�t6 ��J $4165 � � PI C34 00 L47J L48 / • 45 104.92 M �f' \� LS LOT 35 to IM o LOT 22 Io CS1^ yA o N 89'20'0.3 23 W "'�'----J 0 5 �F 104.25 -T� O 0 L50 N 892003 W c.i LOT 23 ^I ( 'C 4, �.� /� 6 C2 C ` `y�+ 8 p,� 3 W �I N 89'2023" W a o I `°•C3°i / ? 28 c2 6 \ `' '� �. `� 95.75 �_ . I - fL — — — —� IIS p� ;�PCy;�/� p<u� wl C� r 1! > n J LOT 36 loo n �I 104.25 ZD o N rnd� �n co rn °' LOT 24 O _ ' ' .. I m °P/rOk 'S yry/ va�`Vbryv n�i of rtO m -1 Ion \ � N`°1\ `�,' ro ��,�i6 /o< BLOCK 1� J 54 103.50_ _f :'� o 'oo �L 89'20'03" I //� o� % of I� N to N \w oNf ` , ,D t—N 89'20 63 W '. yr z 104.5 �- V r°� c f w �J LOT 31 I �� I o I . o j �� ) LOT 37 21 21 LOT 25 2 L z ti — — — L63 T 65.96 J 66.1�i— �J LS�J:36', 4 �6 150_58 L 103.51 J 4 104. fi J J I — _ N W 57, _32" W 1062.3D' - -i (S 89' 59' 15" E)(2) EDMONDS SUB LEGEND SUBDIVISION BOUNDARY IaL Lt SUBDIVISION LOT LINES �j`IST'6 SECTIONAL LINE s' CENTER LINE OF ROAD o — — — — — — — — — EASEMENTS C4' — LANDSCAPE BUFFER r !2 FOUND BRASS CAP MONUMENT C. H. FOUND ALUMINUM CAP S- L O SET 5/8" X 30" REBAR W/ORANGE PLASTIC CAP REFERENCES PLS 10782 • SET 1/2' X 24" REBAR W/ORANGE PLASTIC CAP (1) PLAT OF RUNNING BROOK ESTATES, BOOK 65, PAGE 6636, PLS 10782 PLAT RECORDS. 0 FOUND REBAR AS NOTED rho CALCULATED POINT PL PLAT OF EDMONDS SUBDIVISION, BOOK 33, PAGE 2050, AD PLAT RECORDS. ( ) RECORD INFORMATION (3) PLAT OF MERIDIAN GREENS UNIT 3, BOOK 63, PAGE- 6402,. PLAT RECORDS. �N W COR. SECT ION 19 CP&F INS T NO. 9011895 • in • b.LxLJ.L V 1 V A PORTION OF THE SW TOWNSHIP 3 NORTH, MERIDIA] FND 1/2" REBAR RUNNING BROOK ESTATES PLS 3624 DESTROYED BY CONSTRUCTION -I. RE -SET 5/8" X 30" PLS 3624 REBAR W/PLS 10782 CAP E. CALDERWOOD DR. POINT OF BEGINNING DESCRIPTION / M — S 89' 59' 26" E 1 M _ _ + 1060.15'(1) �p 60.01' • 85.92 — — — — U5Q — 27.00'27.00 — — — — — — 40 0' } PLS 3624 — — — �I o 'c20' LANDSCAPE BUFFER J I I \ = j rod M o m m o TO THE CITY OF MERIDIAN I l U • O J J _ 1TYPE 2 40''— N L7 106.50' I I 1 EAS MENT \ -' 131 116.50' 78.00' QH 1 1 77.3¢ 8 O II oo i`n° ;°�' cmoI w /1 o I \ O N O N M wI� 0 0 0 J I M MI w ^ J n 0 N v 0- L' I o 1 00 � u 0 61 78.45" N N 78.00' 10' PUBLIC UTILITY ro BLOCK[a EASEMENT J rn o� Q <w I of o r to Q I \ clq W o� .I o N r O I^m�Im m mI g 81 179.56' N 0 m 78.00' a o n� I 2 N I I p o o s LJ I----JL—� N Y 14-I I m I --- n 6 78.00 1 80.67' I N B1 180.00' J ' L4 E 2 L5 52.41' 67.00' L EASETM N� 0 0 !1 < n Lo Ln Lo z m°i o m o m p m O1 r I �i SEE DETAIL 1 w mI J 63ro J J ro o I m 27' 27' SHEET 2 w _ L9 m L�116.-6T LS x.41 67.00 8184.00 �J------N 895926" W------� Ll 81 y 258.08 — Bt 78.00 _ n 103.00 123.14' <v 65.36 42.50 cli— Z F- w I w I I Io LOT 18 LOT 3 ^ '' rBLOCK 2 r--- m o I mw �z 25' TEMPORARY� J (69.36 3 ate. m= EMERGENCY VEHICLE ml L 86.35' L1 N LOT 4 N r / 6s� �'p. o \ a N ACCESS EASEMENT o ��{ in W (SEE SHEET 2) I IN LOT 19 I� m J _ _ m J N C OL !n Lo O I'-� — — — -- _ _ I L — C16 113.00 7� �O'\ N86'443 7 W o Z I I I• LOT 5 N I — -j- — — 4 30' PUBLIC UTILITY AND' 88 3� —1� 21 21 t TEMPORARY EMERGENCY N fN LOT 20 \ p� y� ir\ L26 ��0. �O> 2 G CV /10 4/\�2> �2 • / VEHICLE ACCESS EASEMENT 001 I� / , (SEE SHEET 2) 8.78' , L64 < L0- I----- 261 16 N F9768 -57V_ — — — 289.93 I �,� \ \ /o n0 C34 ;� w •'y, 10' PUBLIC UTILITY BLOCKC2 I~ EASEMENT>nc2 C7 C23 /Gy%� Ty 0.�;0 FpBpp� 5 r� r'�� \1� AO NOI N1c:t 10C 60.01' lLj — . _J L63 T5LJ� L 6696. 59843 1 N 89' 57' 32" W 1062.30' (S 89' 59' 15" E)(2) EDMONDS SUB Lu to LEGEND _ z N Z — — SUBDIVISION BOUNDARY Lo rl) H SUBDIVISION LOT LINES ®FND ALUM CAP SECTIONAL LINE W 1/4 SECTION 19 — CENTER LINE OF ROAD CP&F INST NO. 9149706 — — — — — — — — — EASEMENTS PLAT BEARING TABLE UNE I ANGLE 81 1 N89'59.26'W 82 1 N00"00'34'E BO 0 40 80 160 SCALE 1 inch = 80 ft. — — LANDSCAPE BUFFER FOUND BRASS CAP MONUMENT FOUND ALUMINUM CAP SET 5/8' X 30" REBAR W/ORANGE PLASTIC CAP PLS 10782 SET 1/2' X 24" REBAR W/ORANGE PLASTIC CAP • PLS 10782 C) FOUND REBAR AS NOTED & CALCULATED POINT RECORD INFORMATION