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HomeMy WebLinkAboutSilver Oaks Apartments Phase 2 (2)ADA COUNTY RECORDER Phil McGrane 2020-000079 BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 01/02/2020 08:45 AM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF WARRANTY SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Silver Oaks Apartments Phase 2 Between SILVER OAKS APARTMENTS, LLC. And CITY OF MERIDIAN The Warranty Surety Agreement, recorded as Instrument # 2018-003125, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Silver Oaks Apartments, 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 th qtnty surety. Clerk STATE OF IDAHO ) ss County of Ada ) JCFKaDAUct Sr a G � ti �t City of 70 p s2_.I'1L .e4 On this _3(_day of ,Q 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 kn o w s the person who executed the instrument on behalf of said City, and acknowledged to me that such City executed the same. Nefaoory Public ford o Residing at: Commission expires 09 - 4025 _ City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org December 26'h, 2019 Mayor Tammy de Weerd City Council Members: Joe Borton Genesis Milam Ty Palmer Luke Cavener Treg Bernt Anne Little Roberts Mr. David M. Cooper Thueson Construction, Inc. Silver Oaks Apartments, LLC 455 S Kings Road 7630 W. Thunder Mountain Drive Nampa, ID 83687 Boise, ID 83709 RE Silver Oaks Apartments Phase 2 — Discharge from warranty responsibility and Satisfaction of Warranty Surety Agreement Dear Mr. David Cooper: 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 January 8'h, 2018 and recorded as Ada County Instrument No. 2018-003125. 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