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HomeMy WebLinkAboutLinder and Overland Apartments at SouthridgeADA COUNTY RECORDER Phil McGrane 2022-057499 BOISE IDAHO Pgs=1 HEATHER LUTHER 06/21/2022 03:48 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF WARRANTY SURETY AGREEMENT and RELEASE OF WARRANTY SURETY Development Known As: Linder and Overland Apartments at Southridge Between SOUTHRIDGE DEVELOPNMENT COMPANY, LLC And CITY OF MERIDIAN The Warranty Surety Agreement, recorded as Instrument # 2020-077277, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Southridge Development Company, LLC, ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter confirming completion o'1 O red Public Improvements set forth in the Agreement he C'ty's co r t ,ease of the ' ranty surety. City or w E IDIZ AAN)— IOANO SEAL Chris Jo son,City Clerk AQfrneTaE►s`�� STATE OF IDAHO ) SS County of Ada ) On this U S'b day of IU v-\e� , 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, >4h City executed the same. Ole ' T A*'-,*, s (SEAS `;0 ary P Kr Idaho �'®i)4itIC9Y Resi at: #20192357 a` _ Commission expires: O t r O % � City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org E IDIANR,- �J June 17, 2022 Mr. Curtis Keller Southridge Development Company, LLC 3103 W. Sheryl Dr. Suite 100 Meridian, ID 83642 Mayor Robert E Simison City Council Members: Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader RE: Linder and Overland Apartments at Southridge — Discharge from Warranty responsibility and Satisfaction of Warranty Surety Agreement Dear Mr. Curtis Keller: 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 June 24, 2020 and recorded as Ada County Instrument No. 2020-077277. 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