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HomeMy WebLinkAboutVolterra Heights Subdivision No. 3ADA COUNTY RECORDER Phil McGrane 2021-172834 BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 12/07/2021 03:12 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Volterra Heights Subdivision No. 3 Between COTTONWOOD DEVELOPMENT, LLC. And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2019-023961 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 o he required Public ED AUK Improvements set forth in the Agreementandthe City's copipit ease warranty surety. city or w Chris Joynson,City STATE OF IDAHO ) ss County of Ada ) IDAHO Lo 21 On this day of l]e,c,eyh�pe,� , '2626; 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 kn o w s the person who executed the instrument on behalf of said City, and acknowledge Ao me that such City executed the same. Residing Commission expires: City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org E IDIANR,- �J December 6th, 2021 Michael McCollum Cottonwood Development, LLC. 398 Copper Ridge Meridian, ID 83646 Mayor Robert E Simison City Council Members: Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader Titanium Excavation, LLC 812 W Laurel St Caldwell, ID 83605 RE: Volterra Heights Subdivision No. 3 — 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 March 27th, 2019 and recorded as Ada County Instrument No. 2019-023961. 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