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HomeMy WebLinkAboutSatisfaction of Development Surety Agreement and Release of Warranty SuretyADA COUNTY RECORDER Christopher D. Rich 2017-000927 BOISE IDAHO Pgs=2 LISA BATT 01/04/2017 02:33 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Solterra Subdivision Phase 1 Between C13 LLC, Capital Christian Center Inc., and CT Holdings, LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2014-065509, entered by and between the City of Meridian ("City"), a Municipal Corporation, and C13 LLC, Capital Christian Center Inc., and CT Holdings, LLC ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter confirming completion of all the required Public Improvements set forth in the Agreement and i City's consent to release of the warranty surety. C. ay"les—,City Clerk STATE OF IDAHO ) ss County of Ada ) On this `A�h day of , personally appeared C. Jay Coles known or identfffed to m the City of Meridian, who executed the instrument or k -7 2X6, before me, a Notary Public, e to be the City Clerk, respectively, of n o w s the person who executed the instrument on behalf of said City, and acknowledged to me that such City executed the same. .•''LENS '•• OT A4 ;�•rho-bfnp SEAL �� �� (SEAL) Notary Public for Idaho • Residing at: `MLQI&-OlW ojao 10 • Commission expires: 3-,22 -aoa�_ NVI •:rEOF City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org IE IDIAN�­,�_�A "I'—fa, December 18, 2016 Mr. Jim Conger C13, LLC 1627 S. Orchard, Suite 24 Boise, ID 83705 Mayor Tammy de Weerd City Council Members: Keith Bird Joe Borton Luke Cavener Genesis Milam Ty Palmer Anne Little Roberts Mr. Christopher Thomas CT Holdings, LLC 5191 N. Brookmeadow Way Boise, ID 83713 Rev. Kenneth Wilde Schmidt Construction, Inc. Capital Christian Center, Inc. 15883 Robber Place 2760 E. Fairview Ave. Caldwell, ID 83607 Meridian, ID 83646 RE Solterra Subdivision Phase 1 — Discharge from warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. Conger, Mr. Thomas, and Rev. Wilde: This letter is the final documentation from the on-site warranty inspection and the review of the deliverables provided to the City for the above noted project. The Public Works Department confirms that a warranty inspection has been performed and no apparent non-compliant items currently exist. Therefore we are discharging you from the two- year warranty responsibility which commenced on the date of this projects formal acceptance letter. We hereby also consent to the release of the Warranty Surety being held by the City during the term of the warranty period and satisfaction of that certain Development Surety Agreement dated July 31, 2014 and recorded as Ada County Instrument No.2014-065509. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincere , Warren Stewart, P.E. City Engineer cc. City Clerk PW - Water Division PW - Wastewater Division PW - Construction Division File Public Works Department . 33 E Broadway Ave, Suite 200, Meridian, ID 83642 Phone 208-898-5500 . Fax 208-898-9551 . www.meridiancity.org