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HomeMy WebLinkAboutIsola Creek No. 2ADA COUNTY RECORDER Christopher D. Rich 2017-070850 BOISE IDAHO Pgs=2 VICTORIA BAILEY 08/01/2017 11:55 AM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Isola Creels Subdivision No. 2 Between Toll ID I LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2015-079534, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Toll ID I 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 the sty's onse to release of the warranty surety. CV T ay Col ,Ci Clerk STATE OF IDAHO ) ss County of Ada On this day of 2017, before me, a Notary Public, personally appeared C. Jay Coles known or ' entified to me to be the City Clerk, respectively, of the City of Meridian, who executed the instrument or knows the person who executed the instrument on behalf of said City, and acknowledged to me that such City executed the same. S IFF it .44 1VA Notary Public for Idaho Residing at:—� �Aea _pb_A�14j, Commission expires: 8' . b -,20;2_0 s City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org IE I D I AI si a 'v�' July 31, 2015 Mayor Tammy de Weerd City Council Members: Keith Bird Joe Borton Luke Cavener Genesis Milam Ty Palmer Anne Little Roberts Lynn DiGiulio Imperial Contractors Sr. Insurance Bond Administrator 787 E. State Street, Suite 145 Toll ID I LLC Eagle, Idaho 83616 250 Gibraltar Road, 2nd Floor South Horsham, PA 19044 RE Isola Creek Subdivision No. 2 — Discharge from warranty responsibility and Satisfaction of Warranty Surety Agreement Dear Ms. DiGiulio: 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 Warranty Surety Agreement dated August 18, 2015 and recorded as Ada County Instrument No. 2015-079534. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, Ll��Ocul `Warren Stewart, P.E. City Engineer cc. City Clerk PW - Water Division PW - Wastewater Division PW - Construction Division PW - Engineering Community Development Dept, File Public Works Department . 33 E Broadway Ave, Suite 200, Meridian, ID 83642 Phone 208-898-5500 . Fax 208-898-9551 . www.meridiancity.org