HomeMy WebLinkAboutGramercy 3 Story Shell & CoreADA COUNTY RECORDER Phil McGrane 2021-013020
BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 01/25/2021 03:46 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Gramercy 3 Story Shell & Core
Between
NXT PROPERTIES, LLC.
And
CITY OF MERIDIAN
The Warranty Surety Agreement, recorded as Instrument # 2019-008559, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and NXT Properties, LLC. ("Developer"), has
been satisfied in accordance with the ,CityA s- equirements.
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Attached hereto is the City Et
Improvements set forth in the
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STATE OF IDAHO )
g completion of all the required Public
is consent to release of the warranty surety.
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County of Ada ) 2021
On this 2J�day of G�Qc. �'�' before me, a No
Public,
personally appeared Chris Johnson known oo 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
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(SEAS ary Public fo Id
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20192357 �
Commission expires:
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such City executed the same.
City of Meridian ° 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancityr)rg
Mayor Robert E Simison
C� E IDIAN:--- Tre 9 City Council Members:
Bernt Brad Hoa lun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
January 14, 2021
Mr. Larry Squires G & S Excavation, LLC
NXT Properties, LLC 12751 Orchard Avenue
2463 E. Gala, Suite 120 Nampa, ID 83651
Meridian, ID 83642
RE: Gramercy 3 Story Shell & Core — Discharge from warranty responsibility and Satisfaction
of Warranty Surety Agreement
Dear Mr. Larry Squires:
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 February 01, 2019 and recorded as Ada County Instrument No. 2019-008559. 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