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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. �PZED AUo 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. E IDIZ IA _ IDAHO / SEAL ,PW ��rFR Oft TREP`'J�4/ Chris Johns n,City Clerk STATE OF IDAHO ) :ss 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. y •gyp- ,®+ Ab (SE ' ��l 0 ary P Idaho C�ONI [S61ti1�3 + Residin at: + #2019�2357 1 a f + + Commission expires: O ?_OOF Z.� ++++ +++ City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org E IDIANR,- �J 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