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HomeMy WebLinkAboutRainier Villas Subdivision Phase 2ADA COUNTY RECORDER Phil McGrane 2021-073895 BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 05/10/2021 11:49 AM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Rainier Villas Subdivision Phase No. 2 Between CENTRAL COMMONS, LLC. And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2019-042870, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Central Commons, 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 release of the warranty surety. STATE OF IDAHO ) W �QQv- -u'jl (�20 Rio `✓ Y i l'iiy of E Cal;rig nsoi ,C Clerk SEAL /'-- County of Ada ) 2D2.1 On this -day of �d. -�6z9; before me, a Notary Public, personally appeared Chris Johnson known or ident�o 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 ftt such City executed the same. ,tomes*, -NVTA (SEAL tary Public COMMISSION Residing at:. 192387 Corm mission O City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org E IDIAN -- April 26, 2021 Mayor Robert E Simison City Council Members; Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader Mr. Aaron B. Elton, Manager Hi -Grade Underground, Inc. Central Common, LLC. 521 E. 3rd 2541 E. Gala Street, Suite 310 Meridian, ID 83642 Meridian, ID 83642-5330 RE: Rainier Villas Subdivision Phase No. 2 — Discharge from Warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. Aaron B. Elton: 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 May 22, 2019 and recorded as Ada County Instrument No. 2019-042870. 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.merldiancity.org