HomeMy WebLinkAboutLetter of CreditCity
of
Meridian
Public
Works
Dept.
Memo
To: Will Berg
From: Lenard A Grady, P.E.
CC: File, Karie, P & Z Staff
Date: 2/20/07
Re: Sparrowhawk #3
RECEIVED
FEB 2 0 2007
Ci'dian
Ci Y C 'el eOfice
I have signed the plat for the above project and am forwarding it to you for your signature.
Based on our research of the project files, all conditions imposed by the Public Works
Department and City Council have been met.
I am also forwarding original letter of credit No. 000200 (Idaho Banking Co.— dated 2/13/07)
for $94,600.00. This represents surety for items, and in amounts, listed on the attached
spreadsheet.
Please call Donna Fox w/ Fox Surveying @ 342-7957 when the plat is ready to be picked up.
Please call me if you have any questions.
Thank you.
From the desk of..
Lenard A Grady, P.E.
City Engineer
Meridian Public Works Deliaranent
660 E. Watertower Lane, Suite 200
Meridian, Idaho 83642
• Page 1 (208) 898-5500
Fax: (208) 898-9551
eradyl(c?�merdiancity or
171DA110
BANKING
ISSUE DATE:
February 13, 2007
IRREVOCABLE STANDBY LETTER OF CREDIT NO.
000200
APPLICANT: BENEFICIARY:
Sparrowhawk, LLC
2127 Overland Road, Suite 1 City of Meridian
■ Eagle Boise, ID 83705 660 East Watertower, Suite 200
402 S.Eagle Rd. Meridian, ID 83642
Eagle, Idaho 83616 AMOUNT:
208-939-7040 $94,600.00 (Ninety Four Thousand Six EXPIRATION DATE:
August 13, 2007
Hundred and 00/100 Dollars)
Fairview We hereby establish our Irrevocable Standby Letter of Credit No. 000200 in your
solo Fairview Ave.
favor and authorize you to draw on us a sum not exceeding Ninety Four Thousand Boise, Idaho 83704 Six Hundred and 00/100 U.S. Dollars Only
(
sight. Drafts must be drawn and presented att our office no later) than August 13, t
e by your draft
208-472-4700
2007.
All drafts must be marked "Drawn under Idaho Banking Company Letter of Credit No.
■ Meridian 000200 dated February 13, 2007" and all negotiations under this credit must be
1875 S. Eagle Rd. accompanied by the original of this credit and a Beneficiary's statement, signed by a
Meridian, Idaho 83642 person purportedly authorized by the Beneficiary, stating that:
208-955-0686
"Water and sewer improvements have not been completed in the
Sparrowhawk Subdivision No. 3.'
■ ParkCenter This certified statement must specify the conditions not complied with and that these
449 E. Parkcenter Blvd. conditions remain in non-compliance.
Boise, Idaho 83706
208-395-1505
Partial drawings allowed.
All banking charges other than those of the issuing bank are for the account of the
■ Mortgage beneficiary.
2965 E. Tarpon Dr., Ste. 150
Meridian, Idaho 83642 We hereby agree to honor each draft drawn under and in compliance with the terms
208-378-1013 of this credit, if duly presented (together with the documents as specified) at our
office on or before the expiry date of this credit.
Construction
Except so far as otherwise expressly stated, this Letter of Credit is subject to the
"Uniform Customs and Practices for Documentary Credits (1993 revision),
2965 E. Tarpon Dr., Ste.150 International Chamber of Commerce Publication No. 500".
Meridian, Idaho 83642
208-947-5588
Sincerely,
Mike Westover
Vice President
a
Q
L
C
Z
O
,i
c
IDAHO
BANKING
ISSUE DATE:
February 13, 2007
IRREVOCABLE STANDBY LETTER OF CREDIT NO. 000200
APPLICANT: BENEFICIARY:
Sparrowhawk, LLC City of Meridian
2127 Overland Road, Suite 1 660 East Watertower, Suite 200
■ Eagle Boise, ID 83705 Meridian, ID 83642
402 S.Eagle Rd.
Eagle, Idaho 83616 AMOUNT: EXPIRATION DATE:
208-939-7040 $94,600.00 (Ninety Four Thousand Six August 13, 2007
Hundred and 00/100 Dollars)
We hereby establish our Irrevocable Standby Letter of Credit No. 000200 in your
Fairview favor and authorize you to draw on us a sum not exceeding Ninety Four Thousand
6010 Fairview Ave. Six Hundred and 00/100 U.S. Dollars Only
Boise, Idaho 83704 y ($94,600.00) available by your draft at
Boise, Idaho 8 sight. Drafts must be drawn and presented at our office no later than August 13,
2007.
All drafts must be marked "Drawn under Idaho Banking Company Letter of Credit No.
■ Meridian 000200 dated February 13, 2007" and all negotiations under this credit must be
1875 S. Eagle Rd. accompanied by the original of this credit and a Beneficiary's statement, signed by a
Meridian, Idaho 83642 person purportedly authorized by the Beneficiary, stating that:
208-955-0686
"Water and sewer improvements have not been completed in the
Sparrowhawk SJbdivision No. 3.°
■ ParkCenter This certified statement must specify the conditions not complied with and that these
449 E. Parkcenter Blvd. conditions remain in non- compliance.
Boise, Idaho 83706
208-395-1505 Partial drawings allowed.
All banking charges other than those of the issuing bank are for the account of the
■ Mortgage beneficiary.
2965 E. Tarpon Dr., Ste. 150
Meridian, Idaho 83642 We hereby agree to honor each draft drawn under and in compliance with the terms
208-378-1013 of this credit, if duly presented (together with the documents as specified) at our
office on or before the expiry date of this credit.
Construction
Except so far as otherwise expressly stated, this Letter of Credit is subject to the
■ "Uniform Customs and Practices for Documentary Credits (1993 revision),
2965 F. Tarpon Dr., Ste. 150 International Chamber of Commerce Publication No. 500".
Meridian, Idaho 83642
208-947-5588 Sincerely,
Mike Westover
Vice President
Internal Office Memo
Date: 8/8/07
To: Will Berg
Cc: File
From: Scott Steckline
RE: Sparrowhawk Condominiums
RECEIVED
AUG 3 2007
Cit
Citybfem y oMeridian
Office
I have reviewed the final plat submittal for the above mentioned project this is a resign only
due to ACHD comments. If I can be of further assistance in this matter please don't hesitate
to ask.
From the desk of....
Scott Steddine
Development Services Coordinator
Meridian Public Works Department
660 E. Watertower Lane, Suite 200
Meridian, Idaho 83642
(208) 898-5500
Fax (208) 898-5501
2-"14!oue?P!- UTo_)TAPFA
1956-868 (80Z) :-J
0099-868(80Z)
Zb9£8 WePI `tm.T!_,zw
OOZ Dims `mul. moinvm'3 099
juowpba WoM o!I4nd ue!p-W
.ioloama s3poM o99nd
'a'd `rP-q v P-reua'I
&L I "�
2I JLJ�
Q�
s�
l o5ed •
0
nog( juegl
'suoi}sanb Aue aneg nog( j! aw Ileo aseald 'dn pay o!d
aq of Apeaa si jeld aq} uagnn gO£O-b88 6u!aaau!6ud as!aunS Inn A:PeH essueN Ilex aseald
'a}aldwoo aae sjuauaanojdwi paj!nbaa Ile se joafoid s!ql jol paa!nbaa si A}ains ON
-low uaaq aneg I!ounoo Al!o pue juawliedaQ
s�joM o!ignd aqj Aq pasodua! suo!l!puoo Ile `salq }oefoid aq} jo goaeasaa ino uo pese8
'ainieu6!s anon( aol nog( of j! 6ulpiennloj we pue }oafoid anoge aq} jol jeld aqj PGU61S aneq I
oz)WO VOIJ Apj
UPIP!JaW 30 A16
loot £ - inr
03A II338
sopuoo �megmoaaedS :aa
LOI`rIL :a;ea
-4els Z'8 d `aueN `al!� :33
.-3.d `APea!D y paeua-1 :woa4
6J@S IHM :ol
OW
Q'95
•oowwz
=Voa.m0
�lo
V
v) F=
Z N
O
D
W
U
H
v w Q
W
w
w_p
Z
jN =O
ih
d'
O � Q
V N 0 OW
O
j W
N
CD
1 Q m
_
]. Z O
�
IX
O
G O 00
= co
Z
�d >'C5 w
ow
oa.
O
Q
z~
:D F-
L) Q
U =
Q Z W
Z
0ON.
Z
r0jr
¢Z¢
h-
J
cr =aa
N 4
0
¢Wow
J Y U
w Z
F
OU
W
Fn
(n
w
d(n��IOpW�O
WZ3VWWZ
�O=cpnw
W W U Z O
m
p= J¢ O J Z
U) co m 0
0VcapNc?w
'r
U-
O
J
w
a-
Q
W 0
UO
ro
woo
w a
Z:a.
01 Q
t owo
Z
p�¢
= ¢Zo
poH
CL
-jU
Z w U
2 ¢
V O-�}
<00
Q0N
Z>-�
!N; Q, I--�
�► 0UQ
w=J
ca
V)
—oo
00
Li
z
Z
_U
a:
Li
w
aN
Z _1
JI
wv�
r
Transmission Report
Date/Time 07-03-2007 04:31:16 p.m. Transmit Header Text City of Meridian Idaho
Local ID 1 2088884218 Local Name 1 Line 1
Local ID 2 Local Name 2 Line 2
This document: Confirmed
(reduced sample and details below)
Document size : 8.5 "x11 "
>C -
�'�.
M.
A Z
Xr'n 3. - O {t�3
Z
IJ�
b
.4
_
WPM
p�M
C0.D
o<
+
A = Z
m00 X +
p.Z5 X.
Q
rn
OOP
. .�
Z.
A >
qD
t7 . .
�C
--t
,O
IAZ
Z
Y .P
is
nZ�
y
p� p
Total
Total Pages Scanned : 1
Total Pages Confirmed : 1
No.
lob
Remote Station
Start TimEe�
ode
Job Type
001 632 2084655690
04:30:2-2007
�����E
C
HS
Abbreviations:
HS: Host send
PL: Polled local MP: Mailbox print
TU: Terminated by user
HR: Host receive
WS: Waiting send
PR: Polled remote CP: Completed
MS: Mailbox
TS: Terminated by system
G3: Group 3
save FA: Fail
RP: Report
EC: Error Correct
Results
CP3 2200