HomeMy WebLinkAboutPaisley Meadows Subdivision No. 2ADA COUNTY RECORDER Phil McGrane 2020-059159
BOISE IDAHO Pgs=2 NIKOLA OLSON 05/19/2020 03:43 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Paisley Meadows Subdivision No. 2
Between
T&M HOLDINGS, LLC
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2018-021228, 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.
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STATE OF IDAHO )
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County of Ada )
On this 4—day of , 2020, before me, a Notary Public,
personally appeared Chris Johnson known or i ntified 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,qN
wledged, to me that such City executed the same.
LEAhlN N BELIA y Publi for Idaho
COMMISSION #0377 Residing at: �G-C-�� � -%ram-�
NOTARY PUBLIC Commission expires:
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,-
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May 15, 2020
Mr. Douglas McMaster, 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
Milestone Construction Group, LLC
4462 N. Kitsap Way
Boise, ID 83703
RE: Paisley Meadows Subdivision No. 2 — Discharge from Development Surety Agreement responsibility
and Satisfaction of Warranty Surety Agreement
Dear Mr. Douglas McMaster:
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 Development Surety being held by the City during
the term of the warranty period and satisfaction of that certain Development Surety Agreement
dated March 1 st, 2018 and recorded as Ada County Instrument No. 2018-021228. 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