HomeMy WebLinkAboutMovado Subdivision Phase 1ADA COUNTY RECORDER Phil McGrane 2020-014540
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 1
Between
MOVADO DEVELOPMENT, LLC.
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2017-088389, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and Movado Development, 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 )
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County of Ada )
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On this _day of F0,AW111 2020, before me, a Notary Public,
personally appeared Chris Johnson known or identifie 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.
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:
ERJ ANir,-., Treg Bernt Brad Hoagiun
Joe Borton Jessica Perreault
.,. Luke Cavener 1 17 Crra 1l
January 31, 2020
Mr. Jim Conger Hi -Grade Underground, Inc.
Movado Development, LLC 521 E 3rd
4824 W. Fairview Avenue Meridian, ID 83642
Boise, ID 83706
RE Movado Subdivison No. 1 — Discharge from Development Surety Agreement
responsibility and Satisfaction of Development Surety Agreement
Dear Mr. Jim Conger:
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 August 10'", 2017 and recorded as Ada County Instrument No. 2017-088389, The City
will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety.
Sincerely,
iz4z�7�_
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