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HomeMy WebLinkAboutMovado Subdivision Phase 3ADA COUNTY RECORDER Phil McGrane 2020-014544 BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 02/05/2020 11:12 AM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Movado Subdivision Phase 3 Between DAVE EVANS CONSTRUCTION LLC. And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2017-084871, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Dave Evans Construction, 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 day of 2020, before me, a Notary Public, personally appeared Chris Johnson known or identifi 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. � Notary Public for Idaho s, A V, , , P4 R NOTAR PD t� C Residing at: -/T),0., .+ S ST A E OF IDAHO MY COMMISSION E E 0 Commission expires: S' 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 City Council Members: E IDIAN�� Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader January 31, 2020 Mr. Davis Zachary Evans Dave Evans Construction, LLC 7761 W Riverside Drive Boise, ID 83714 Hi -Grade Underground, Inc. 521 E. 31d Meridian, ID 83642 RE Movado Subdivision No. 3 — Discharge from Development Surety Agreement responsibility and Satisfaction of Development Surety Agreement Dear Mr. Davis Zachary Evans: 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 Development Surety Agreement dated September 1, 2017 and recorded as Ada County Instrument No. 2017-084871. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, 4L4LZZ:��s 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