HomeMy WebLinkAboutVerasso Village No. 3 ADA COUNTY RECORDER Phil McGrane 2020-050606
BOISE IDAHO Pgs=l VICTORIA BAILEY 04/30/2020 11:42 AM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Verraso Village No. 3
Between
VERRASO VILLAGE #3, LLC.
And
CITY OF MERIDIAN
The Warranty' urety Agreement, recorded as Instrument# 2018-003126, entered by and between the
City of Meridian("City"),a Municipal Corporation,and Verraso Village#3,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.
Chris JohnsonCity Clerk
STATE OF IDAHO
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County of Ada
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On this day of s54H-9-, before me, a Notary Public,
personally appeared Chris Johnson known -Jr identified 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 t a such City executed the same.
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Commission expires:
City of Meridian - 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 - Fax 208-887-4813 -www,meridiancity.org
ADA COUNTY RECORDER Phil McGrane 2020-054903
BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 05/11/2020 11:44 AM
CITY OF MERIDIAN, IDAHO NO FEE
i
NOTICE j
SATISFACTION OF WARRANTY SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY !
For
The Development Known As: Verraso Village No.3
Between
VERRASO VILLAGE#3,LLC.
And
CITY OF MERIDIAN
The Warranty Surety Agreement,recorded as Instrument#2018-003126, entered by and between the
City of Meridian("City"), a Municipal Corporation,and Verraso Village#3,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 releas arrpty surety.
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STATE OF IDAHO )
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County of Ada )
On this _day of 2019, before me, a Notary Public,
personally appeared Chris Johnson known or id ntifL ied 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.
Notary Public for Idaho /
NOTARY PUBLIC Residing at: 0 )Q k'J:0-STATE OF IDAHO � �Ct
MY COMMISSIONEXPIRES
Commission expires: v — D
City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 •www.meridiancity.org
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Mayor Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
IDIAN
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
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April 28, 2020
Mr. Chad Olsen Terra West, Inc.
Verasso Village No. 3, LLC 12751 Orchard Avenue
12790 W. Telemark St. Nampa, ID 83642
Boise, ID 83713
j
RE Verasso Village No. 3 LLC— Discharge from warranty responsibility and Satisfaction of
Warranty Surety Agreement
Dear Mr. Chad Olsen:
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 Warranty Surety Agreement dated
December 20th, 2017 and recorded as Ada County Instrument No. 2017-0136. 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