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Home My WebLink AboutBonding, Signing, Recording Final Plat- Building CITY OF y� R�41'00p Sincerely Suite 150 887-2211 / fax 887-1297 l�lcn - Wastewater IDAHO William G. Berg, Jr. 888-2191 / fax 884-0744 FR n Ms TREASURE VN1EY SINCE - Water 7903 MAYOR Enclosure 888-5242 / fax 884-1159 Tammy de Weerd CITY COUNCIL MEMBERS Keith Bird July , y 3 , 2005 Christine Donnell Charles M. Rountree Shaun Wardle Renne R. Ditton CITY DEPARTMENTS Washington Trust Bank Fire P.O. Box 2927 540 E. Franklin Road Spokane, WA 99290-2927 888-1234 / fax 895-0390 509-353-4224 fax 509-353-3905 Parks & Recreation 11 W. Bower Street Re: Return Letter of Credit for Roseleaf Subdivision 888-3579 / fax 898-5501 for Liberty Development, Inc. Planning 660 E. Watertower Lane After a site inspection and review of Roseleaf Subdivision Project by the Suite 202 884-5533 Planning & Zoning Department and the Public Works Department, it has / fax 888-6844 been determined to release the Letter of Credit of $232,016.32 to you for Police the completed site improvements of sewer, water, street lights, 1401 E. Watertower Lane landscaping, pressure irrigation and gravity irrigation. Please use this 888-6678 / 846-7366 letter as authorization for Washington Trust Bank to release the Public works Irrevocable Standby Letter of Credit No. 22419. 660 E. Watertower Lane Suite 200 898-5500 If you have any questions please contact me. Thank ou our yfor y / fax 898-9551 cooperation. - Building 660 E. Watertower Lane Sincerely Suite 150 887-2211 / fax 887-1297 - Wastewater 3401 N. Ten Mile Road William G. Berg, Jr. 888-2191 / fax 884-0744 City Clerk - Water 2235 N.W. 8th Street Enclosure 888-5242 / fax 884-1159 CITY HALL 33 EAST IDAHO AVENUE MERIDIAN, IDAHO 83642 (208) 888-4433 CITY CLERK - FAX 888-4218 CITY ATTORNEY / HR - FAX 884-8723 FINANCE & UTILITY BILLING - FAX 887-4813 MAYOR'S OFFICE - FAX 884-8119 Printed on recycled paper Washitxjton Trust Bank r1j; City of Meridian 33 E. Idaho Ave. Meridian, ID 83642 Attn: Will Berg Gentlemen: IRREVOCABLE STANDBY LETTER OF CREDIT NO. 22419 AMOUNT: $232,016.32 DATE: NOVEMBER 2, 2004 We hereby establish our Irrevocable Standby Letter of Credit No. 22419 in your favor for the account of LIBERTY DEVELOPMENT, INC., 114 E. Idaho Avenue, Ste. 230, Meridian, ID 83642 up to the aggregate amount of TWO HUNDRED THIRTY TWO THOUSAND SIXTEEN AND 32/100 -------- Dollars ($232,016.32) U.S. currency, available by your draft(s) drawn at sight on us and presented to Washington Trust Bank on or before NOVEMBER 2, 2005 covering Roseleaf 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 Roseleaf 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. 22419". 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 draum 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, Fairview Branch, 7930 Fairview Avenue, Boise, Idaho, 83704, on or before NOVEMBER 2, 2005. 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 SURETY SPREADSHEET Project Name: Date Compiled: Letter of Credit/Bond No.: Issued By: Expiration Date: Check No.: Item Roseleaf 11/22/2004 22419 Washington Trust Bank 11/2/2006 na Unfinished Partial Surety Party Responsible For Sign -Off Date Signed Off/ Person Comments Sanitary Sewer -internal $34,349.20 $3,434.92 $37,784.12 Public Works 1/11/05 EA Sanitary Sewer -offsite $0.00 $0.00 Water -internal $47,505.95 $4,750.60 $52,256.55 Public Works 1/11105 EA Water- Offsite $0.00 $0.00 Public Works Street Lights $13,295.00 $1,329.50 $14,624.50 Building 2/1/05 HW Landscaping $73,143.00 $7,314.30 $80,457.30 PZ 7/11/05 KV Pathways $0.00 $0.00 PZ _ Fencing $0.00 $0.00 PZ Tiling $0.00 $0.00 PZ Pressurized Irrigation $23,916.45 $23,916.45 NMID 5/10/05 BH Gravity Irrigation $22,977.40 $22,977.40 NMID 5/10/05 BH Other: $0.00 $0.00 PW $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TOTAL: $168,293.15 $63,723.17 7111/05 READY TO BE RELEASED IN FULL KG $232,016.32 Page 1 of 1 Will Berg From: Karie Glenn [glennk@meridiancity.org] Sent: Monday, July 11, 2005 2:04 PM To: watsonb@meridiancity.org; bergw@meridiancity.org Subject: Loc ready to be released Attachments: Roseleaf.xls; Birchstone.xls attached detail sheet for Roseleaf #1 Also - Birchstone needs to be released as well if not already. THANKS Karie A Glenn Dept Specialist Supervisor City of Meridian, Public Works 660 E Watertower Ste 200 Meridian ID 83642 (208) 898-5500 or fax (208) 898-9551 glennk@meridiani.or 7/11/2005 CITY OF r i � IDAHO v< iyF � Y TER � �� TREASLiRE V�� I� SINCE 11903 MAYOR Tammy de Weerd CITY COUNCIL MEMBERS Keith Bird Christine Donnell Charles M. Rountree Shaun Wardle CITY DEPARTMENTS 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 / 846-7366 Public Works 660 E. Watertower Lane Suite 200 898-5500 / fax 898-9551 - 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 MAY 2 51005 City of Meridian City Cierk Office May 10, 2005 Tina Lest Family LTD Partnership 2313 Terrace Dr Caldwell ID 83605 RE: ROSELEAF Sewer & Water Construction Dear Sirs: Installation of this project's sanitary sewer and/or domestic water systems has been satisfactorily completed in accordance with the approved plans. These systems have passed the required tests, in accordance with City of Meridian Standard Specifications and Drawings, and are hereby accepted by the City for ownership and maintenance. Record drawings submitted to us for this project are also accepted and are being forwarded to the Idaho Department of Environmental Quality. The engineer of record is responsible for certification of the record drawings as to horizontal and vertical location of all public water and sewer facilities installed. The City of Meridian hereby certifies that materials used and construction methods were in accordance with City of Meridian specifications. In accordance with City of Meridian Standard Specifications and Drawings, the installation and materials of the sewer and domestic water systems are to be warranted against defect by the contractor for a period of one year from the date of this letter Sincerely, Brad Watson, P.E. City Engineer, Public Works cc. City Clerk, Water Division, Wastewater Division, File Bailey Engineers 3615 S Locust Grove DEQ CITY HALL 33 EAST IDAHO AVENUE MERIDIAN, IDAHo 83642 (208) 888-4433 CITY CLERK -FAX 888-4218 CITY ATTORNEY/ HR -FAX 884-8723 FINANCE & UTILITY BILLING -FAX 887-4813 MAYOR'S OFFICE -FAX 884-8119 Printed on recycled paper s Memo To: Will Berg From: Brad Watson, P.E. CC: File, Karie, P & Z Date: 11-19-04 Re: Roseleaf Subdivision No. 1 NOV 19 Z004 %;, Meridian Clerk Office I 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. 22419 (Washington Trust Bank — dated November 2, 2004) for $232,016.32. This represents surety for items, and in amounts, listed on the attached spreadsheet. Please call A.J. at Bailey Engineering, at 938-0013 when the plat is ready to be picked up. Please call me if you have any questions. Thank you.J , MIMI S. STROM Documentation Specialist/Letters of Credit Cash Management/International Banking (509) 353-4177 (877) 870-0370 Toll Free (509) 353-3905 Fax mstrom@watrust.com P.O. Box 2127 Spokane, WA 99210-2127 Washington Trust Bank From the desk of... Brad Watson, P.E. City Engineer Meridian Public Works Department. 660 E. Watertower Lane, Suite 200 Meridian, Idaho 83642 (208) 898-5500 Fax: (208) 887-1297 0 Page 1 watsonb@ci.meridian.id.us O N N O = o a� W.- p0 i Q42 w �C L O y E Q Y O U jj 00Ot-CO04 M0NN-0 6!?6a69EA6969 co) O .c> s LO NMO)CN tt t Lo O I.N co LO V 00 CO) cC O M N ER O In O LO O O O t 0 0 6 to t� CO In M 0000 C C I -t MLOOON O � — 0) Nt O E "T M I'- Ict N co M M �- N N• I` N Q 69 64 69 64 69 6R 61) 0 0 o o o o 0 0 0 0 0 0 V) LO LO M LO �p o r. 0 0 0 0 0 0 O V: 000000 O �., 00 It N to M O C O T- LO M O Cl) CO O O) 00 Cl -- (J) m MOcN M Vt— ti dM' Q 64 64 Ef3 6a 60 M C O .4 0) V c � � c o c E o a Q) w c g U c a_' a m co .�' N c .� O .(mL . C O w 03 E fq a N N N C:O _CL O ("0 C)a`in3 C U IWI a` Washington Trust Bank r1j, City of Meridian 33 E. Idaho Ave. Meridian, ID 83642 Attn: Will Berg Gentlemen: IRREVOCABLE STANDBY LETTER OF CREDIT NO. 22419 AMOUNT: $232,016.32 DATE: NOVEMBER 2, 2004 We hereby establish our Irrevocable Standby Letter of Credit No. 22419 in your favor for the account of LIBERTY DEVELOPMENT, INC., 114 E. Idaho Avenue, Ste. 230, Meridian, ID 83642 up to the aggregate amount of TWO HUNDRED THIRTY TWO THOUSAND SIXTEEN AND 32/100 -------- Dollars ($232,016.32) U.S. currency, available by your draft(s) drawn at sight on us and presented to Washington Trust Bank on or before NOVEMBER 2, 2005 covering Roseleaf 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 Roseleaf 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. 22419". 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 draw„n 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, Fairview Branch, 7930 Fairview Avenue, Boise, Idaho, 83704, on or before NOVEMBER 2, 2005. 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