HomeMy WebLinkAboutVicenza Subdivision No.3ADA COUNTY RECORDER Phil McGrane 2020-018601
BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 02/14/2020 08:02 AM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Vicenza Subdivision No. 3
Between
COTTONWOOD DEVELOPMENT, LLC.
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2017-108515, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and Cottonwood 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 )
On t�is,daoyf c U r� 2020,befog m a Notary Public,
personally appeared1Qwn or identif% d to me to be theft
of the City of Meridian, who executed the instrument or knows the ertonwho� executed
P ecuted the
instrument on behalf of said City, and acknowledged to me that such City executed the same.
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City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org
I
February 7, 2020
Mayor Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
Mr. Mike McCollum, Manager Titanium Excavation, LLC
Cottonwood Development, LLC 812 West Laurel Street
398 E Copper Ridge Street Caldwell, ID 83605
Meridian, ID 83646
RE Vicenza Subdivision No. 3 — Discharge from Development Surety responsibility and
Satisfaction of Development Surety Agreement
Dear Mr. Mike McCollum:
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 11, 2017 and recorded as Ada County Instrument No. 108515. The City will
record a notice of satisfaction of the recorded Instrument and release of Warranty Surety.
Sincerely,
iZ4=7z�
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