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HomeMy WebLinkAboutSagewood Commons SubdivisionADA COUNTY RECORDER Phil McGrane 2022-042229 BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 04/29/2022 12:15 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF WARRANTY SURETY AGREEMENT and RELEASE OF WARRANTY SURETY Forthe Development Known As: Sagewood Commons Subdivision Between SAGEWOOD OFFICES, LLC. And CITY OF MERIDIAN The Warranty Surety Agreement, recorded as Instrument # 2022-011968, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Sagewood Offices, 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 iced Public Improvements set forth in the Agreement and the City's consent to • le %e my surety. ow City of E IDIAN+b- Chris JohnsonXity Cleric STATE OF IDAHO ) :SS County of Ada ) On this �� day of P V- ` 2022, before me, a Notary Public, personally appeared Chris Johnson known or identified to me to be the City Cleric, 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 acknowled ed me at c City executed the same. (SE® COAT ISSlON ` ry P=at:ncj�,- o ® M )ngSl 1 Residin �i�� _ Commission expires:_ �W' I 1 City of Meridian • 33 E. Broadway Avenue Meridian, ID83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org E IDIANR,- �J April 28, 2022 Mr. Dirk Marcum Sagewood Offices, LLC. 1735 S. Millenium Way Meridian, ID 83642 Mayor Robert E Simison City Council Members: Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader RE: Sagewood Commons Subdivision — Discharge from Warranty responsibility and Satisfaction of Warranty Surety Agreement Dear Mr. Dirk Marcum: 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 Warranty Surety Agreement dated February 03, 2022 and recorded as Ada County Instrument No. 2022-011968. 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