HomeMy WebLinkAboutBountiful Commons SubdivisionADA COUNTY RECORDER Phil McGrane 2022-075658
BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 08/29/2022 02:46 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Bountiful Commons Subdivision
Between
TMEG PROPERTIES, LLC.
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2019-001398, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and TMEG Properties, LLC. ("Developer"),
has been satisfied in accordance with the City's requirements.
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Attached hereto is the City Engineer's letter confirming comple ' o the require Public
Improvements set forth in the Agreement an e i ' o nt r as of 4jq warm ty surety.
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Chris Johns n,City Clerk
STATE OF IDAHO )
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County of Ada )
On this 6-- 1 day of 2022, before me, a Notary Public,
personally appeared Chris Johnson known or 1 entified 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 tome that ,s ch City executed the same.
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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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November 29, 2021
Mr. Trevor Gasser, Manager
TMEG Properties, LLC.
74 E. 500 S. Suite 200
Bountiful, UT 84010
Steve Hill Construction
760 E. King Street
Meridian, ID 83642
Mayor Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
RE: Bountiful Commons Subdivision — Discharge from Warranty responsibility and
Satisfaction of Development Surety Agreement
Dear Mr. Trevor Gasser:
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 January 07, 2019 and recorded as Ada County Instrument No. 2019-001398. 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