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HomeMy WebLinkAboutMovado Greens Subdivision No. 1ADA COUNTY RECORDER Phil McGrane 2020-156061 BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 11/16/2020 08:02 AM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Movado Greens Subdivision No. 1 Between MOVADO DEVELOPMENT, LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2018-083259, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Movado Greens Subdivision No. 1. ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter confirming completion of all the uired Public Improvements set forth in the Agreement and the City's consent to rele th'd"Iw4, ty surety. [ 1 Chri oh o it Cler F',� f tu o, STATE OF IDAHO ) ss County of Ada ) On this LS�day of 0vem6i- , 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 knows the person who executed the instrument on behalf of said City, and 6 (S COIa4NfISSitDP�, #201923 7 � c4 ; 16t 0 ®46� '60® to Jury Public fpi Id Residing at: h , `- Commission expires: such City executed the same. r,ka City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org Mayor Robert E Simison City Council Members: Treg Bernt Brad Hoaglun E IDIAN.�--��­� C�wl Joe Barton Jessica Perreault ti A H 0 Luke Cavener Liz Strader November 09, 2020 Mr. Jim Conger Hi -Grade Underground, Inc. Movado Development, LLC 521 E. 31d Street 4824 W. Fairview Avenue Boise, ID 83706 Boise, ID 83706 RE: Movado Greens Subdivision No. 1 — 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 project's 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. 2018-083259. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, 44U7��_ 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