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HomeMy WebLinkAboutBancroft Square SubdivisionADA COUNTY RECORDER Phil McGrane 2019-052872 BOISE IDAHO Pgs=2 LISA BATT 06/19/2019 11:13 AM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Bancroft Square Subdivision Between BERKELEY BUILDING COMPANY, INC. And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2017-005852, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Berkeley Building Company, 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 the City's consent to releas rranty surety. �pT DgGC GST t_ ra w E city or ElVDIAW IDAHO Y STATE OF IDAHO ) ss County of Ada ) C k �l�br 7REAs�40V On this day of ✓ , 2019, before me, a Notary Public, personally appeared Chris Johnson kno n or identified to me to be the Interim City Clerk, respectively, of the City of Meridian, wh xecuted 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. BARBARA S SHER IFF COMMISSION #53092S ST amt NorC Notary Public for I ho TA rE EXPIRES Residing at: '��d5 Commission expires: X' ty City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org E IDIAN)=!*- June 13, 2019 Mr. Joseph Atalla Berkeley Building Company, Inc. 5300 S. Hayseed Way Boise, ID 83716 Mayor Tammy de Weerd City Council Members: Joe Borton Genesis Milam Ty Palmer Luke Cavener Treg Bernt Anne Little Roberts Imperial Contractors 787 E State Street, Suite 145 Eagle, ID 83616 RE Bancroft Square Subdivision — Discharge from warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. Joseph Atalla: 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 17'", 2019 and recorded as Ada County Instrument No. 2017-005852. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, 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