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HomeMy WebLinkAboutIsola Creek Subdivision No. 3ADA COUNTY RECORDER Christopher D. Rich 2018-029389 BOISE IDAHO Pgs=2 LISA BATT 04/03/2018 01:05 PM CITY OF MERIDIAN, IDAHO NO FEE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Isola Creek Subdivision No. 3 Between Toll ID 1, LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2016-028659, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Toll ID 1, 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,, ity's conse t to release of the warranty surety. Jay C 1 s,City Clerk STATE OF IDAHO ) ss County of Ada On this a4day of AQVI 2018, before me, a Notary Public, l�f 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. Notat-y Public for I As Residing at: Commission expires: Aw�, 0 004" OF I no @Seamans0'm City of Meridian - 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 - Fax 208-887-4813 - www.meridiancity.org Mayor Tammy de Weerd City Council Members: Joe Borton Genesis Milam Ty Palmer Luke Cavener Treg Bernt Anne Little Roberts March 28, 2018 Mr. Thomas Coleman, Division President Dahle Construction Toll ID 1, LLC 4301 Garrity Blvd., Suite 201 3103 W.1 Sheryl Drive, Suite 100 Nampa, ID 83687 Meridian, ID 83642 RE Isola Creek Subdivision No. 3 — Discharge from warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. Coleman: 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 March 23, 2016 and recorded as Ada County Instrument No. 2016-028659. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. 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 a Fax 208-898-9551 - www.merldiancity.org