HomeMy WebLinkAboutThird Street Square ApartmentsADA COUNTY RECORDER Phil McGrane 2021-023546
BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 02/12/2021 09:12 AM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT and
RELEASE OF WARRANTY SURETY
For
The Development Known As: Third Street Square Apartments
Between
TTS IDAHO, LLC
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2019-015128, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and TTS IDAHO, 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 re _ uired Public
Improvements set forth in the Agreement and the City's consent to rele e 9fthetiwa ty surety.
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On this I I '''''' day of ��beva,r� 4924,1 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.§pd City, and acknowledged to me th such City executed the same.
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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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February 09, 2021
Mr. Trenten W. Seltzer
TTS Idaho, LLC
3072 Wildflower Drive
Encinitas, CA 92024
Mayor Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
Titanium Excavation, LLC
812 Laurel Street
Caldwell, ID 83605
RE: Third Street Square Apartments — Discharge from warranty responsibility and
Satisfaction of Warranty Surety Agreement
Dear Mr. Trenten W. Seltzer:
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 26, 2019 and recorded as Ada County Instrument No. 2019-015128. 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