HomeMy WebLinkAboutThe Oaks South Subdivision No. 7 No. 8ADA COUNTY RECORDER Phil McGrane 2020-090534
BOISE IDAHO Pgs=2 KRISTINA LOWRY 07/20/2020 04:18 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: The Oaks South Subdivision No. 7 & No. 8
Between
TOLL IDD I, LLC.
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2018-032596, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and TOLL IDD I, LLC. ("Developer"), has
been satisfied in accordance with the City's requirements.
Attached hereto is the City Engineer's letter confirming completion of
Improvements set forth in the Agreement and the City's consent to re ale of the warranfy0
City of
IRyINA i\1�>,
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ity Clerk
STATE OF IDAHO )
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County of Ada )
On this day of , 2020, before me, a Notary Public,
personally appeared Chris Johnson know or iderAfied 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 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
Mayer Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
E IDIAN11-1.1
Joe Berton Jessica Perreault
Luke Cavener Liz Strader
July 17, 2020
Mr. Thomas Coleman, Division President Superior Construction
TOLL IDD I, LLC 2350 W. McMillan Road
3103 W. Sheryl Drive, Suite 100 Meridian, ID 83642
Meridian, ID 83642
RE: The Oaks South Subdivision No. 7 & No. 8 — Discharge from development responsibility
and Satisfaction of Development Surety Agreement
Dear Mr. Thomas Coleman:
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 April 12, 2018 and recorded as Ada County Instrument No. 2018-032598. 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