HomeMy WebLinkAboutVicenza Commons Sub. fka Vicenza Sub. No. 6ADA COUNTY RECORDER Phil McGrane 2021-011613
BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 01/22/2021 11:42 AM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Vicenza Commons Subdivision flea Vicenza Subdivision No. 6
Between
COTTONWOOD DEVELOPMENT, LLC.
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2018-085156, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and Cottonwood Development, 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 relgtofthaaanty surety.
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On this dav
day of p, r 262@; before me, a Notary Public,
personally, appeared Chris Johnson known or identi ed to me
of the City of Meridian, who executed the instrument or kno
instrument on behalf of said ,City, and acknowledged to me th060006
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City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancityorg
��E IDIZ IAN,-
January 12, 2021
Mayor Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
Mr. Michael McCollum Titanium Excavation
Cottonwood Development, LLC 812 West Laurel Street
398 E. Copper Ridge Street Caldwell, ID 83605
Meridian, ID 83646
RE: Vicenza Commons Subdivision (fka Vicenza Subdivision No. 6) — Discharge from
warranty responsibility and Satisfaction of Development Surety Agreement
Dear Mr. Michael McCollum:
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 September 07, 2018 and recorded as Ada County Instrument No. 2018-085156. 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