HomeMy WebLinkAboutRegency at River Valley Apts Phase 2ADA COUNTY RECORDER Phil McGrane 2021-035345
BOISE IDAHO Pgs=2 KRISTINA LOWRY 03/04/2021 02:46 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT and
RELEASE OF WARRANTY SURETY
For
The Development Known As: Regency at River Valley Apartments Phase 2
Between
REGENCY AT RIVER VALLEY, LLC
And
CITY OF MERIDIAN
The Warranty Surety Agreement, recorded as Instrument # 2019-015127, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and REGENCY AT RIVER VALLEY, LLC,
("Developer"), has been satisfied in accordance with the City's requirements.
Attached hereto is the City Engiia =�s. 1ptter confirming completion of all the required Public
Improvements set forth in th gTt-@iiT nt,, 4 the City's consent to release of the warranty surety.
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STATE OF IDAHO )
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County of Ada
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On this `"t day of air f✓� ; 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,Yo my that Ai ch City executed the same.
(S Efry Public for I a o
°O I S10 Residing at: "� CA
201923ti7
Commission e pires:l 48 2�25
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City of Meridian • 33 E. Broadway Avenue Meridian, ID83642
Phone 208-888-4433 • Fax 208-887-4813 • www .meridiancity org
Mayor Robert E Simison
E IDIANCity Council Members:
Treg 8ernt Brad Hoaglun
Joe Borton Jessica Perreauit
Luke Cavener Liz Strader
March 02, 2021
Mr. James McLaughlin Granite Excavation, Inc.
Bach Land and Development, LLC Dusty Hibbard
11650 S. State St. Suite 300 23 Warm Lake Highway
Draper, UT 84020 Cascade, ID 83611
RE: Regency at River Valley Apartments Phase 2 — Discharge from warranty responsibility
and Satisfaction of Warranty Surety Agreement
Dear Mr. James McLaughlin:
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. 2019-015127. 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