HomeMy WebLinkAboutVerado Subdivision No.2ADA COUNTY RECORDER Phil McGrane 2020-128408
BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 09/29/2020 10:15 AM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Verado Subdivision No. 2
Between
C 15, LLC.
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2018-083266, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and C15, 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 rele4lty surety.
STATE OF IDAHO )
SS
County of Ada )
EN101AN
IDAHO
SEAL
On this ?-9*�Iday of Se e.vv�6e C' 2020, before me, a Notary Public,
personally appeared Chris Johnson known or identified 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 rAe that such City executed the same.
(SEA ''t,D ISBIO ! ' tary Public or ahoy \
® 20I923y7 Residing at: .LLI
e Commission expir
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City of Meridian • 33 E. Broadway Avenue Meridian, ID83642
Phone 208-888-4433 • Fax 208-887-4813 - www .meridiancity org
CQ/rE IDIAN�--
September 28, 2020
Mayor Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
Mr. Jim Conger Hi -Grade Underground, Inc.
C15, LLC 521 E. 3rd
4824 W. Fairview Avenue Meridian, ID 83642
Boise, ID 83706
RE: Verado Subdivision No. 2 — Discharge from warranty responsibility and Satisfaction of
Development Surety Agreement
Dear Mr. Jim Conger:
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 August 31, 2018 and recorded as Ada County Instrument No. 2018-083266. The City will
record a notice of satisfaction of the recorded Instrument and release of Warranty Surety.
Sincerely,
44Z�7�_
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