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HomeMy WebLinkAboutVicenza Subdivision (fka Bridgetower Estates) ReleaseADA COUNTY RECORDER Christopher D. Rich 2017-085188 BOISE IDAHO Pgs=2 LISA BATT 09/11/2017 10:19 AM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Vicenza Subdivision (flea Bridgetower Estates) Between Cottonwood Development, LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2014-102389, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Cottonwood Development, LLC ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter confir ing completion of all the required Public Improvements set forth in the Agreement and t ity's cons t to release of the warranty surety. Jay Co s,City Clerk STATE OF IDAHO ) ss County of Ada ) On this day of ,t? l 2017, before me, a Notary Public, personally appeared C. Jay Coles known or identified 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. .*$*page*. T UAL) �,�:'�,`Y !� • uHL1C� o ••eo seem.••oF ' City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org August 31, 2017 Mayor Tammy de Weerd City Council Members: Keith Bird Joe Borton Luke Cavener Genesis Milam Ty Palmer Anne Little Roberts Mr. Mike McCollum, Manager Idaho Sand & Gravel Cottonwood Development, LLC 924 N. Sugar Street 2289 S. Bonito Way, Suite 100 Nampa, ID 83687 Meridian, ID 83642 RE Vicenza Subdivision (fka Bridgetower Estates) — Discharge from warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. McCollum: 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 December 10, 2014 and recorded as Ada County Instrument No. 2014- 102389. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Since 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