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HomeMy WebLinkAboutKnightsbridge SubdivisionADA COUNTY RECORDER Phil McGrane 2019-052873 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: Knightsbridge Subdivision Between MM&T HOLDINGS, LLC. And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2017-019223, entered by and between the City of Meridian ("City"), a Municipal Corporation, and MM&T 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 City's consent to release of the warranty surety. Ch STATE OF IDAHO ) : ss County of Ada ) On this )day of i , 2019, before me, a Notary Public, personally appeared Chris Johnson kno n r identified to me to be the Interim City Cleric, 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. ER 'BARB t-76" 1z Notary Public for hoSTA /� ,�, so Residing at: 1'�a%', `CA WC t /20 Commission expires: City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org EIDIAN)O_'Vft_-.' A k June 14, 2019 Mayor Tammy de Weerd City Council Members: Joe Borton Genesis Milam Ty Palmer Luke Cavener Treg Bernt Anne Little Roberts Mr. Dave Turner Schmidt Construction Co. Inc. MM&T Holdings LLC 15883 Robber Place 10248 Turner Drive Caldwell, ID 83607 Middleton, ID 83644 RE Knightsbridge Subdivision — Discharge from warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. Dave Turner: 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 1St, 2017 and recorded as Ada County Instrument No. 2017-019223. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, 4L4���_ 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