Loading...
HomeMy WebLinkAbout6-23-22 Whitecliffe 3 Surety Submittal V1CUEIDR IAy APPROVED DATE 07/21/22 ilLf NUMBER: Fas-zazzuoza IINEERING ling and engineering communities for the future LUTIONSUP To: City of Meridian Attn: Kelly Ready 33 E. Broadway Avenue Meridian, ID 83642 We are sending you: 1029 N. Rosario Street, Suite 100 Meridian, ID 83642 Phone: (208) 938-0980 Fax: (208) 938-0941 E-mail: sharis@engsol.org LETTER OF TRANSMITTAL Date: June 23, 2022 Project Name: Whitecliffe Estates Sub. No. 3 Project No.: 201104 Meridian Project No.: LD-RSUB-2021-0020 FPS-2022-0028 Copies Dated Description 1 6/23/22 ORIGINAL Performance Surety Agreement - SURETY-2022-0065 1 6/23/22 Check No. 360 in the Amount of $118,341.45 Whitecliffe Estates Sub. No. 3 Performance Surety 1 6/23/22 Check No. 361 in the Amount of $162.00 Whitecliffe Estates Sub. No. 3 Surety Fee Thncc mra trancmittorl ac inrlirafarl hPln1A/' For Approval Approved as Submitted Submit for Distribution Street Signs Approved as Noted Return Corrected Prints X As Requested Returned for Corrections For Pre -Construction For Review and Comment Price X Signature Required For Bids Due: Resubmit for Approval Remarks: Kelly: Please let me know if you need additional information or documents. Thank you! Copy to: Signed: Shari Stiles E IDI� 11 APPROVED )A:E 07/21/22 City of Meridian PERFORMANCE SURETY AGREEMENT Whitecliffe Estates Subdivision No. 3 THIS PERFORMANCE SURETY AGREEMENT is made and entered into this day of , 2022, by and between the CITY OF MERIDIAN, a Municipal Corporation, hereinafter referred to as CITY, and 943 W McMILLAN ROAD LLC, an Idaho limited liability company, hereinafter referred to as DEVELOPER. WITNESSETH: WHEREAS, DEVELOPER has applied for Performance Surety from the CITY on May 18, 2022, for the Development known as Whitecliffe Estates Subdivision No. 3 ("Development") located in the City of Meridian, which Development Plans include improvements for non -life, non -safety and non -health improvements ("Required Development Improvements") referred to herein as "Improvements"; and WHEREAS, DEVELOPER has petitioned the CITY to accept the Subdivision Plat and execute the final plat prior to the installation of the Improvements; and WHEREAS, the Unified Development Code of the City of Meridian, Section 11-5C-1 through 11-5C-4 and applicable ordinances and laws of the CITY require that the DEVELOPER execute and file with the CITY an agreement providing for, among other things, the period within which all required improvements shall be made within said Development and that if the Improvements are not completed within the specified period listed below, the CITY may complete the same and recover the full cost and expense thereof from the DEVELOPER; and WHEREAS, the CITY is agreeable to acceptance and filing of said Development upon the execution of this Agreement and compliance by the DEVELOPER with the provisions of the Unified Development Code of the City of Meridian. NOW, THEREFORE, in consideration of foregoing mutual promises, covenants and agreements of the parties, it is hereby agreed as follows: 1. The DEVELOPER agrees to install all of the required improvements and bind themselves to use such materials and to so construct or develop all of the improvements in compliance with Development Plans and all applicable City ordinances and State Codes, and in a manner acceptable to the CITY (hereinafter "City's Requirements"). 2. The DEVELOPER agrees to restore at no cost to the CITY any monument erected or used as a survey marker or boundary of any tract, plat or parcel of land which monument is broken down, damaged, obliterated, removed or destroyed, whether willfully or not, by the DEVELOPER, or the agents, employees or contractors of the DEVELOPER. 3. The DEVELOPER agrees that all said Improvements shall be completed on or before December 18, 2022. The DEVELOPER agrees that if they abandon the Improvements, PERFORMANCE SURETY AGREEMENT — Whitecliffe Estates Subdivision No. 3 — Page I E IDI� 11 APPROVED )A:E 07/21/22 to make satisfactory progress on the Improvements, or fail to complete the rovements by the date specified, the CITY may cause the Improvements to be pleted by another person under contract, by its own forces, or both and that DEVELOPER hereby grants a License for such purposes. The DEVELOPER shall be jointly and severably liable to the CITY for any and all loss and damage from such abandonment or failure, either from the greater expense of so completing or repairing faulty or damaged Improvements, or from any other cause related to DEVELOPERS failure to complete the Improvements, which expense shall not be limited by any surety. 4. Upon execution of this Agreement, the DEVELOPER shall deliver to CITY a Performance Surety (Irrevocable Letter of Credit, Corporate Surety Bond or Cash Deposit) ("Performance Surety") for the purpose of assuring DEVELOPER'S frill and faithful completion of the required Improvements as shown on the Development Plans. The amount of the Performance Surety for the Improvements shall be the sum of $118,341.45 as set forth on Exhibit "A" attached hereto and incorporated herein. The amount of such Performance Surety is based upon 110% of the itemized contractor bids for all Required Development Improvements, listed on Surety Breakdown Exhibit "A". The CITY'S acceptance of such assurance shall not be construed as a limitation on the amount which may be spent on completion of the Improvements. 5. At such time as all Development Improvements have been completed in accordance with the CITY'S requirements, the DEVELOPER shall notify the CITY of the readiness for final inspection. Upon approval by the Planning Department, that all requirements of the CITY have been met, the following shall occur: A. The DEVELOPER shall submit a written request to the CITY Planning Department to release the Performance Surety, including: i. A statement from the DEVELOPER that the required Improvements are complete and have been constructed or developed in accordance with the City's requirements. Planning approval is not intended to relieve DEVELOPER or any contractor or material supplier of their responsibility for any defects in materials or workmanship of such Improvements. 6. In construing this Agreement, it is understood that either party may be more than one person and if the context so requires, the singular pronoun shall be taken to mean and include the plural, the masculine, and neuter, and that generally all grammatical changes shall be made, assumed and implied to make the provisions hereof apply equally to a single or several individuals. PERFORMANCE SURETY AGREEMENT — Whitecliffe Estates Subdivision No. 3 — Page 2 (E IDIAN - APPROVED DATE: 07/21 /22 ESS WHEREOF, the parties shall cause this Performance Surety Agreement to be )y their duly authorized officers the day and year first above written. 943 W McMILLAN ROAD LLC: By: Todd Amyx - Ma ber STATE OF IDAHO ) ss. County of Ada ) rA On this V day of 2022, before me, the undersigned, a Notary Public in and for the State of 10aho, personally appeared Todd Amyx, known or identified to me to be the Manager of 943 W McMillan Road LLC, who executed this instrument on behalf of said limited liability company, and acknowledged to me that such limited liability company executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. (titA.BEGCA [ MC •`� Y p .. ���5t Not Public for Idaho � Ue�%+ ; Residing at Eagle, Idaho MY COMMISSION My Commission Expires: l 2,4 Z EXPIRES 8-16.2024 OF PERFORMANCE SURETY AGREEMENT — Whiteeliffe Estates Subdivision No. 3 — Page 3 APPROVED DAT 07/21/22 SCE %U61B: R: FPS -zo 2-S Dated: CITY OF MERIDIAN: Bruce Freckleton Director of Community Development PERFORMANCE SURETY AGREEMENT — Whitecliffe Estates Subdivision No. 3 — Page 4 So x w E IDS IAN,_— APPROVED DATE: 07/21/22 FILE NUMBER: FPS-2a22-2a �u C WCZ U � A) C � C tg 11 � • Q Q) U r� CO r— Lf) (D Lf) of m � O Lo co c- M o M O 00 M � 64 � 6q cM O } w Z Z_ O Z a w C: } z O N Z v ¢ w z > m m M a 0 o r 69 T m Y Chi W +\/y�y 0� 0 co L 0 O 0 O / W W �~ N O V L co cc r L-- M co � Ln 1.0 r <n � o L u w CL J H O F- m n N -p C J N C U !- LL 6 C QC C E O U