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HomeMy WebLinkAboutBicentennial Farms Subdivision No. 1ADA COUNTY RECORDER Phil McGrane 2022-008488 BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 01/25/2022 01:12 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Bicentennial Farms Subdivision No. 1 Between TOLL ID I, LLC. And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2019-015126, entered by and between the City of Meridian ("City"), a Municipal Corporation, and TOLL ID I, LLC. ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter confirming completion of Improvements set forth in the Agreement and tU City's conse" i,4i STATE OF IDAHO ) ss County of Ada Chris J 0 cny or w SEAL Public ulty surety. On this 2-.5day of 01 , 2022, 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 acknowledged to 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 January 24, 2022 Mr. Thomas Coleman Titanium Excavation Toll ID I, LLC. 812 W. Laurel Street 3103 W. Sheryl Dr. Suite 100 Caldwell, ID 83605 Meridian, ID 83642 Mayor Robert E Simison City Council Members: Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader RE: Bicentennial Farms Subdivision No. 1 — Discharge from Warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. Thomas Coleman: 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 February 26, 2019 and recorded as Ada County Instrument No. 2019-015126. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, 4L=; 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