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HomeMy WebLinkAboutVolterra Heights Subdivision No. 2ADA COUNTY RECORDER Phil McGrane 2021-091547 BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 06/14/2021 12:38 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF WARRANTY SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For the Development Known As: Volterra Heights Subdivision No. 2. Between COTTONWOOD DEVELOPMENT, LLC. And CITY OF MERIDIAN The Warranty Surety Agreement, recorded as Instrument * 2017-108516, 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 release of the warranty surety. STATE OF IDAHO ) SS County of Ada ) On this Iq *b , day of 7�0V*%e_ , 2021, 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, to me th such City executed the same. (S " � Publi or a co 1 t 0 ar y t 2i7 Residing at Via L�t�w Commi s' n expires: ki 102 12-025 OF @ e�� City of Meridian • 33 E. Broadway Avenue Meridian, ID83642 Phone 208-888-4433 - Fax 208-887-4813 • www.meridiancity.org Mayor Robert E Simison IV A City Council Members: 'wDIAN' ftwo-11 Treg Bernt Brad Hoagiun Joe Barton Jessica Perreauit Luke Cavener Liz Strader June 07, 2021 Mr. Michael McCollum, Manager Titanium Excavating, LLC. Cottonwood Development, Inc. 812 Laurel Street 398 W. Cooper Ridge Caldwell, ID 83605 Meridian, ID 83646 RE: Volterra Heights Subdivision No. 2 — 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 November 13, 2017 and recorded as Ada County Instrument No. 2017-108516. 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