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HomeMy WebLinkAboutSouthridge Subdivision No. 3ADA COUNTY RECORDER Phil McGrane 2022-009449 BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 01/27/2022 04:46 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF WARRANTY SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For the Development Known As: Southridge Subdivision No. 3 Between CHALLENGER DEVELOPMENT, INC. And CITY OF MERIDIAN The Warranty Surety Agreement, recorded as Instrument # 2020-018600, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Challenger Development, Inc. ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter confirming completion of all the ' • d Public AUG Improvements set forth in the Agreement and the City's consent to r as �og°t�e wa%i surety. _. o 2 city or v EI�IDIAN� Chris Johnson,Vty Cleric STATE OF IDAHO ) :SS County of Ada ) On this 21 day of �awv w:� 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 k n o w s the person who executed the instrument on behalf of said City, and acknowledged to me that s h City executed the same. �yT"9 (SEi 'C�O�I�S1tJ`� iy Publi aho 20192r357 � Residing a _ Commission expires: It 10'9120 ( v City of Meridian • 33 E. Broadway Avenue Meridian, ID83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org E IDIANR,- �J January 27, 2022 Mr. Corey Barton - President Challenger Development, Inc. 1977 E. Overland Road Meridian, ID 83642 Mayor Robert E Simison City Council Members: Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader Stalker & Parson Companies, Inc. Idaho Materials 924 N. Sugar Street Nampa, ID 83653 RE: Southridge Subdivision No. 3 — Discharge from Warranty responsibility and Satisfaction of Warranty Surety Agreement Dear Mr. Corey Barton: 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 14, 2020 and recorded as Ada County Instrument No. 2020-018600. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, 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