HomeMy WebLinkAboutVolterra Heights Subdivision No. 4ADA COUNTY RECORDER Phil McGrane 2022-060007
BOISE IDAHO Pgs=1 HEATHER LUTHER 06/29/2022 04:43 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Volterra Heights Subdivision No. 4
Between
COTTONWOOD DEVELOPMENT, LLC.
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2020-075423, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and Cottonwood Development, LLC.
("Developer"), has been satisfied in accordance with the City's requirements.
Attached hereto is the City Engineer's letter confirming
Improvements set forth in the Agreeme nd he,4ty'5
Chris J
STATE OF IDAHO )
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County of Ada
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releq�e of th w
VIN O,
E IDIAN
IDAHO
SEAL
ity Cleric
Public
inty surety.
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On this n day of 7&ntz , 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 knows the person who executed the
instrument on behalf of said City, and acknowledged jo me that, su, h City executed the same.
Residing(y-.Jy�
Commission expires:
City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org
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June 27, 2022
Mr. Mike McCollum
Cottonwood Development, LLC.
398 E. Copper Ridge St.
Meridian, ID 83646
Mayor Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
RE: Volterra Heights Subdivision No. 4 — Discharge from Warranty responsibility and
Satisfaction of Development Surety Agreement
Dear Mr. Mike McCollum:
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 19, 2020 and recorded as Ada County Instrument No. 2020-075423. 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