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HomeMy WebLinkAboutFall Creek Subdivision No.4ADA COUNTY RECORDER Phil McGrane 2020-014451 BOISE IDAHO Pgs=2 VICTORIA BAILEY 02/05/2020 09:45 AM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Fall Creek Subdivision No. 4 Between TOLL ID I, LLC. And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2017-094845, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Toll Id I 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 ) On this 9, dayf oCKYl Q fr.TA" 2020, 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 th such City executed the same. ®0 (SEA F."'COMMIS'SION � ,1 �0� o Public for IdaResidingat•�V/�Vy h/7:�r .dA�35_ t Commission expires: 11- Oi� —202s of 0 City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org Mayor Robert E Simison IDIAN. City Council Members: Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader January 24, 2020 Mr. Thomas Coleman, Division President Schmidt Construction Company, Inc. Toll ID I, LLC 15883 Robber Place 3103 W. Sheryl Dr., Suite 100 Caldwell, ID 83607 Meridian, ID 83646 RE Fall Creek Subdivision No. 4 — Discharge from Development Surety Agreement 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 Development Surety Agreement dated October 4th, 2017 and recorded as Ada County Instrument No. 2017-094845. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, J - - Warren Stewart, P.E. City Engineer cc. City Clerk PW - Water Division PW - Wastewater Division PW - Construction Division PW - Engineering Community Development Dept Public Works Department . 33 E Broadway Ave, Suite 200, Meridian, ID 83642 Phone 208-898-5500 . Fax 208-898-9551 . www.meridiancity.org