HomeMy WebLinkAboutPreakness SubdivisionADA COUNTY RECORDER Phil McGrane 2020-059161
BOISE IDAHO Pgs=2 NIKOLA OLSON 05/19/2020 03:44 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Preakness Subdivision
Between
T&M HOLDINGS, LLC
And
CITY OF MERIDIAN
The Warranty Surety Agreement, recorded as Instrument # 2018-014023, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and T&M Holdings, 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,
0&AjCD AUc� T'
�Ga4 I,V<
_ City of
SEAL
STATE OF IDAHO )
ss
County of Ada )
On this day of -- 1 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 k n o w s the person who executed the
instrument on behalf of said City, and acknowledged to me that such City executed the same.
�.d r,
X J
LEAN ALA No ary Public fa Idaho ,
COMMISSION #0377 Residing at: /c,C/I liDuw
NOTARY PUBLIC Commission expires: k- A`
STATE OF IDAHO
City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org
EIDIAN,-
�J
May 15, 2020
Mr. Dave Turner, Manager
T&M Holdings, LLC
PO Box 2640
Eagle, ID 83616
Mayor Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
Knife River Southern Idaho Division
5450 W. Gowen Road
Boise, ID 83709
RE: Preakness Subdivision — Discharge from Development Surety Agreement responsibility
and Satisfaction of Warranty Surety Agreement
Dear Mr. Dave Turner:
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 February 9th, 2018 and recorded as Ada County Instrument No. 2018-014023. The City
will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety.
Sincerely,
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