HomeMy WebLinkAboutFranklin Road Keylock New Office & Storage BuildingsADA COUNTY RECORDER Christopher D. Rich 2018-060132
BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 06/28/2018 11:33 AM
CITY OF MERIDIAN, IDAHO NO FEE
SATISFACTION OF WARRENTY SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Franklin Road Keylock New Office & Self Storage Buildings
Between
Keylock Storage Holdings, LLC
And
CITY OF MERIDIAN
The Warranty Surety Agreement, recorded as Instrument # 2016-057447, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and Keylock Storage 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 the rty'consent t release e warranty surety.
Jay Co ,City 6terk-
STATE OF IDAHO )
ss
County of Ada
On this QS day of �ury-- , 2018, 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.
op O)Ljjg U,�=
Notary Public fo ho r
Residing at:.item&a&)
Commission expires:3-aS -,;Q
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 Milani
Ty Palmer
Luke Cavener
Treg Bernt
Anne Little Roberts
Mr. Ronald Osborne Petra, Inc.
Keylock Storage Holdings, LLC 1097 N. Rosario Street
13965 W. Chinden Blvd., Suite 206 Meridian, ID 83642
Boise, ID 83713
RE Franklin Road Keylock New Office & Self Storage Buildings — Discharge from warranty
responsibility and Satisfaction of Warranty Surety Agreement
Dear Mr. Osborne:
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 June 14, 2016 and recorded as Ada County Instrument No. 2016-057447.
The City will record a notice of satisfaction of the recorded Instrument and release of Warranty
Surety.
City Engineer
CC. City Clerk
PW - Water Division
PW - Wastewater Division
PW - Construction Division
PW - Engineering
Community Development Dept.
File
Public Works Department w 33 E Broadway Ave, Suite 200, Meridian, ID 83642
Phone 208-898-5500 . Fax 208-898-9551 - www.merldiancity.org