HomeMy WebLinkAboutGemstone BuildingADA COUNTY RECORDER Phil McGrane 2019-123664
BOISE IDAHO Pgs=2 LISA BATT 12/10/2019 08:41 AM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Gemstone Building
Between
SUNDANCE INVESTMENTS, L.L.L.P.
And
CITY OF MERIDIAN
The Warranty Surety Agreement, recorded as Instrument # 2018-001651, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and Sundance Investments, L.L.L.P.
("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 consenrrel -tle warranty surety.
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On this _day of t)ekxmbe,,,r , 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 k n o w s the person who executed the
instrument on behalf of said City, and acknowledged to me that such City executed the same.
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** a016Aj of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org
December 4, 2019
Mayor Tammy de Weerd
City Council Members:
Joe Borton Genesis Milam
Ty Palmer Luke Cavener
Treg Bernt Anne Little Roberts
Christopher L. Anderson, President Jim Russell Excavation, Inc.
Sundance Investments, LLLP Po Box 250
3405 E Overland Rd. Ste 150 Kuna, ID 83634
Meridian, ID 83642
RE Gemstone Building — Discharge from Warranty responsibility and Satisfaction of
Warranty Surety Agreement
Dear Mr. Anderson:
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
December 20, 2017 and recorded as Ada County Instrument No. 2018-001651. 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