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HomeMy WebLinkAboutParamount Director Subdivision No. 2ADA COUNTY RECORDER Phil McGrane 2021-173404 BOISE IDAHO Pgs=1 NIKOLA OLSON 12/08/2021 03:46 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Paramount Director Subdivision No. 2 Between BRIGHTON DEVELOPMENT, INC. And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2019-037140, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Brighton Development, Inc. ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter confirming completion r aired Public Improvements set forth in the Agreement a e C' 's c ei t elease of the arranty surety. r ?, ('uc of E IDIANI%- IDAHO SEAL A. STATE OF IDAHO ) ss County of Ada On this 8 4 day o- personally appeared Chris Johnson of the City of Meridian, who execlx instrument on behalf of said City, and Chris J Clerk 2021 2-92, before me, a Notary Public, known or identified to me to be the City Clerk, respectively, :ed the instrument or knows the person who executed the me that Notary Pub c r Tdahl Residing :V_u,no, Commission expires:_ City executed the same. 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 06, 2021 Mr. Jonathan D. Wardle, President Brighton Development, Inc. 2929 W. Navigator Dr. Suite 400 Meridian, ID 83642 Mayor Robert E Simison City Council Members: Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader Brown Construction and Excavating, Inc. P.O. Box 495 Nampa, ID 83653 RE: Paramount Director Subdivision No. 2 — Discharge from Warranty responsibility and Satisfaction of Development 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 May 06, 2019 and recorded as Ada County Instrument No. 2019-037140. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, 4L4L���_ 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