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HomeMy WebLinkAboutOaks South Subdivision No. 5ADA COUNTY RECORDER Phil McGrane 2019-121525 BOISE IDAHO Pgs=2 VICTORIA BAILEY 12/04/2019 11:21 AM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF WARRANTY SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: The Oaks South Subdivision No. 5 Between NEW OAKS, LLC. And CITY OF MERIDIAN The Warranty Surety Agreement, recorded as Instrument # 2017-118420, entered by and between the City of Meridian ("City"), a Municipal Corporation, and NEW OAKS, 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. City of sFAL °�rbe trs STATE OF IDAHO ) : ss County of Ada ) On this day of ri,� 2019, before me, a Notary Public, personally appeared Chris Johnson 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. 1-2 Notary Public for Idaho 407ARY PUBLIC Residing at:''LD�r E C7EXPIRES8/30==0 Commission expires: My tt City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org November 27, 2019 Mr. Thomas Coleman Toll ID I, LLC 3103 W. Sheryl Dr., Suite 100 Meridian, ID 83642 Mayor Tammy de Weerd City Council Members: Joe Borton Genesis Milam Ty Palmer Luke Cavener Treg Bernt Anne Little Roberts Dahle Construction 4301 Garrity Blvd. Suite 201 Nampa, ID 83687 RE The Oaks South Subdivision No. 5 — Discharge from Warranty responsibility and Satisfaction of Warranty Surety Agreement Dear Mr. Thomas Coleman: 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 bythe City during the term of the warranty period and satisfaction of that certain Warranty Surety Agreement dated December 1St, 2017 and recorded as Ada County Instrument No. 2017-118420. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, 44L�_ 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