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HomeMy WebLinkAboutVerasso Village No. 1 ReleaseADA COUNTY RECORDER Christopher D. Rich 2018-083517 BOISE IDAHO Pgs=2 HEATHER LUTHER 09/04/2018 09:05 AM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF WARRANTY SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Verraso Village No. 1 Between Verraso Village 1, LLC And CITY OF MERIDIAN The Warranty Surety Agreement, recorded as Instrument # 2016-096256, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Verraso Village 1, LLC ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter confi • 'ng completion of all the required Public Improvements set forth in the Agreement and t ity's onsent t eleas f the warranty surety. o" C. Jay Col ,City Cleric STATE OF IDAHO ) ss County of Ada ) On this q1t, day of 14tembA2, 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. **son a, ;' •ti'N X00Notary Public f I aho . •o�� , • ' + Residing at: • ',cam `, , — • V, _ Commission expires3AY 20Q A PLI81'� ••. TE�pSC • .,,���,�•�•• City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org E IDIAN�� August 28, 2018 Mrs. Mary Ann Olsen Verraso Village 1, LLC 12790 W. Telemark Street Boise, ID 83713 Mayor Tammy de Weerd City Council Members: Joe Borton Genesis Milam Ty Palmer Luke Cavener Treg Bernt Anne Little Roberts Aspen Creek Construction, LLC 4528 N. Bright Angel Avenue Meridian, ID 83646 RE Verraso Village No. 1 — Discharge from warranty responsibility and Satisfaction of Warranty Surety Agreement Dear Mrs. Olsen: 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 October 5, 2016 and recorded as Ada County Instrument No. 2016-096256. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, s-- C; 'r7 ✓ Wiz. 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