HomeMy WebLinkAboutMovado Subdivision No. 5ADA COUNTY RECORDER Phil McGrane 2021-161292
BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 11/09/2021 01:44 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT and
RELEASE OF WARRANTY SURETY
For the Development Known As: Movado Subdivision No. 5 between
MOVADO DEVELOPMENT, LLC.
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2019-071507, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and Movado 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 tl�nty surety.
STATE OF IDAHO )
ss
County of Ada )
City or w
IDAHO
Chris Johnson y Clerk SEAL
On this -I day of 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 t t such Ci executed the same.
0m®age DO
,sA�®
(SE ry Publi fo • o
® cO ISSIO I
`tit�D2ris a Residing t: Yl(l�G �p
d f
Commrssionexpires: 110,z2 ?-5
to P,6
City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org
E IDIANR,-
�J
November 06, 2021
Jim Conger - Member
Movado Development, LLC.
4157 No. Fairview Avenue
Boise, ID 83706
Mayor Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
Hi -Grade Underground, Inc.
521 E. 3rd Street
Meridian, ID 83642
RE: Movado Subdivision No. 5 — Discharge from Warranty responsibility and Satisfaction of
Development Surety Agreement
Dear Mr. Jim Conger:
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 August 07, 2019 and recorded as Ada County Instrument No. 2019-071507. The City will
record a notice of satisfaction of the recorded Instrument and release of Warranty Surety.
Sincerely,
4L4Z��_
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