HomeMy WebLinkAboutCaven Ridge Estates East Subdivision No. 3ADA COUNTY RECORDER Phil McGrane 2021-143123
BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 09/30/2021 04:42 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT and
RELEASE OF WARRANTY SURETY
For the Development Known As: Caven Ridge Estates East No. 3
Between
CAVANAUGH JV, LLC.
And
CITY OF MERIDIAN
The Warranty Surety Agreement, recorded as Instrument # 2019-099635, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and Cavanaugh JV, 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 releas�f-tkie,�warranty surety.
cn e.._
STATE OF IDAHO )
ss
County of Ada )
On this �O' day of �" , 2021, before me, a Notary Public,
personally appeared Chris Johnson known or identified to me to be the City Cleric, 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 suc City executed the same.
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(SE ® CO li N,is
ary Public fo aJ�
`lfil3'1 7 Rosiding at:
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City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org
E IDIAN�--
October 01, 2021
Mr. Ryan D. Minert, Manager
Cavanaugh JV, LLC
3327 N. Eagle Road Suite 110-148
Meridian, ID 83646
Mayor Robert E Simison
City Council Members;
Treg Bernt Brad Hoaglun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
RE: Caven Ridge Estates East Subdivision No. 3 — Discharge from Warranty responsibility
and Satisfaction of Development Surety Agreement
Dear Mr. Ryan D. Minert:
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 October 15, 2019 and recorded as Ada County Instrument No. 2019-099635. The City
will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety.
Sincerely,
4L4z7z�s
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