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HomeMy WebLinkAboutParamount Square Apartments ADA COUNTY RECORDER Phil McGrane 2021-099407 BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 06/30/2021 11:13 AM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF WARRANTY SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For the Development Known As: Paramount Square Apartments Between BRIGHTON PACIFIC ASSOCIATES I,LLC. And CITY OF MERIDIAN The Warranty Surety Agreement,recorded as Instrument#2019-066813, entered by and between the City of Meridian("City"), a Municipal Corporation, and Brighton Pacific Associates I,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. SF{.it- Chris John n ,City STATE OF IDAHO ) :SS County of Ada ) On this 30th day of June, 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 that such City executed the same. CHARAY Na&YcWa,� - COMMISSION 390 Notary Public for Idaho T NOTARY #PUBLIC Meridian,Idah No�A�zY�uet�c Residing at: STATE OF IDAHO Commission expires: MY CQMM€SS€ON EXPIRES 3i28122 p . 3-28-2022 City of Meridian•33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813•www.meridiancity.org Mayor Robert E Sim6son City Council Members: Treg Berm Brad Hoaglun E DIAN,- .,­ C�V, 11 Joe Borton Jessica Perreault 0 Luke Cavener Liz Strader Lf r June 28, 2021 Mr. Jonathan D. Wardle, President Pacific West Builders Inc. Brighton Development, Inc. 430 E. State Street Suite 100 2929 W. Navigator Dr. Suite 400 Eagle, ID 83616 Meridian, ID 83642 RE: Paramount Square Apartments— Discharge from Warranty responsibility and Satisfaction of Warranty Surety Agreement Dear Mr. Jonathan Wardle: 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 July 25, 2019 and recorded as Ada County Instrument No. 2019-066813. 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