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HomeMy WebLinkAboutSilverwater Subdivision No 1 (phase 2) aka Cavanuagh Subdivision No 1ADA COUNTY RECORDER Christopher D. Rich 2018-009268 BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 01/31/2018 01:11 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Silverwater Subdivision No. 1 (Phase 1) "aka" Cavanaugh Subdivision No. 1 Between Corey Barton Homes, Inc. And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 114004219, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Corey Barton Homes, Inc. ("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 t` Ci's con5ent to rele the warranty surety. r C. Jay les, ' y Clerk STATE OF IDAHO ) ss County of Ada ) On this J1 day of dOMM 2018, before me, a Notary Public, personally appeared C. Jay Coles known or identifid tb 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. 'f .• U,(SEAL) •' Notary Public aho Residing at: Ql iAL7 a0 Commission expires:3 `Ag • 4 as as 6100 City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org C E ID"IAN�" �Vi 9 11 '01� a January 27, 2018 Mr. Corey Barton Corey Barton Homes, Inc. 1977 E. Overland Rd. Meridian, ID 83642 Mayor Tammy de Weerd City Council Members: Joe Borton Genesis Milam Ty Palmer Luke Cavener Treg Bernt Anne Little Roberts RE Silverwater Subdivision No. 1 (Phase 1) "aka" Cavanaugh Subdivision No. 1 — Discharge from warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. Barton: 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 January 13, 2014 and recorded as Ada County Instrument No. 114004219. 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.merldiancity.org