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HomeMy WebLinkAboutNormandy Subdivision No 3ADA COUNTY RECORDER Phil McGrane 2020-106089 BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 08/19/2020 08:42 AM CITY OF MERIDIAN, IDAHO NO FEE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For. The Development Known As: Normandy Subdivision No. 3 Between CHALLENGER DEVELOPMENT, INC. And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2018-021226, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Challenger Development, Inc. ("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. Co,�_VATY, kN ity Cle 414 el STATE OF IDAHO ss County of Ada On this lq day of 2020, before me, a Notary Public, personally appeared Chris Johnson known o Pidentified to me to be the City Clerk, respectively, of the City of Meridian, who executed the instrument or know s the person who executed the instrument on behalf of said City, and acknowledged me that such City executed the same. /e-- LEAN LLA 4Nary, Public for Idaho COMMISSION #0377 Residing at: 01-1ta (401117-& . JC/C,-/10 Commission expires: 0 S'PAV d&!�3 NOTARY PUBLIC STATE OF IDAHO In] City of Meridian - 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 - Fax 208-887-4813 ® www.meridiancity.org August 13, 2020 Mr. Corey D. Barton, President Challenger Development, Inc. 1977 E. Overland Road Meridian, ID 83642 Mayor Robert E Simison City Council Members: Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader Schmidt Construction Co., Inc. 15883 Robber Place Caldwell, ID 83607 RE: Normandy Subdivision No. 3 — Discharge from warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. Corey D. Barton: 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 March 09, 2018 and recorded as Ada County Instrument No. 2018-021226. 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