HomeMy WebLinkAboutKentucky Villas Release of Warrranty SuretyADA COUNTY RECORDER Phil McGrane 2019-087261
BOISE IDAHO Pgs=2 VICTORIA BAILEY 09/16/2019 11:23 AM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Kentucky Villas
Between
BAILEY INVESTMENTS, LLC.
And
CITY OF MERIDIAN
The Warranty Surety Agreement, recorded as Instrument # 2017-094850, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and Bailey Investments, 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.
STATE OF IDAHO )
ss
County of Ada )
I am
On this I LIT day of , 2019, before me, a Notary Public,
personally appeared Chris Johnson known or identified to me to be the Interim 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.
CHARLENE WAYh4
COMM ISOiW#67390
Notary Public fofr aho
NOTARY PUBLIC
STATE OF IDAHO
Residing at:. )0 I.
MY COWSSION EXPIRES 3/28/22 p
Commission expires:
City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org
September 9, 2019
Mr. Mark Allen Bailey
Bailey Investments, LLC.
25002 S. E. 42nd Street
Issaquah, WA 98029
Mayor Tammy de Weerd
City Council Members:
Joe Borton Genesis Milam
Ty Palmer Luke Cavener
Treg Bernt Anne Little Roberts
Schmidt Construction Company, Inc.
15883 Robber Place
Caldwell, Id 83607
RE Kentucky Villas — Discharge from warranty responsibility and Satisfaction of Warranty
Surety Agreement
Dear Mr. Jonathan Wardle:
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 4'h, 2017 and recorded as Ada County Instrument No. 2017-094850.
The City will record a notice of satisfaction of the recorded Instrument and release of Warranty
Surety.
Sincerely,
iZ46�_
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.merldiancity.org