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HomeMy WebLinkAboutCaven Ridge Estates East Subdivions No 6ADA COUNTY RECORDER Phil McGrane 2020-059158 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: Caven Ridge Estates East Subdivision No. 6 Between NEW CAVANAUGH, LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2018-014022, entered by and between the City of Meridian ("City"), a Municipal Corporation, and New Cavanaugh, 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 Improvements set forth in the Agreement and the City's consent to release of Chris Johnsoj,9ity Clerk STATE OF IDAHO ) ss County of Ada ) City Of 9F S On this 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, and acknowledged to e that such City executed the same. 8� I 4Nory- Public r Idaho LEANN NOBELLA Residing at: %Y 66q 6 Gl L COMMISSION #0377 Commission expires: D k f NOTARY PUBLIC STATE OF IDAHO City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org Mayor Robert E Slmison C+(1 City Council Members: E IDIAN Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader May 15, 2020 Ryan Minert, Manager Superior Construction & Excavating, Inc. New Cavanaugh, LLC PO Box 455 3327 N. Eagle Road, Suite 110-148 Meridian, ID 83680 Meridian, ID 83646 RE: Caven Ridge Estates East Subdivision No. 1 — Discharge from Development Surety Agreement responsibility and Satisfaction of Warranty Surety Agreement Dear Ryan Minert: 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 February 5th, 2018 and recorded as Ada County Instrument No. 2018-014022. 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