HomeMy WebLinkAboutThe Oaks North Subdivision No. 1 ADA COUNTY RECORDER Phil McGrane 2022-078724
BOISE IDAHO Pgs=2 HEATHER LUTHER 09/12/2022 02:13 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: The Oaks North Subdivision No. 1
Between
TOLL SOUTHWEST, LLC
And
CITY OF MERIDIAN
The Development Surety Agreement,recorded as Instrument# 2019-109581 entered by and between
the City of Meridian("City"), a Municipal Corporation, and TOLL SOUTHWEST, LLC,
("Developer"), has been satisfied in accordance with the City's requirements.
Attached hereto is the City Engineer's letter confirming completion of all the required Public
Improvements set forth in the Agreement and the City's consent to release of the warranty surety.
=sr
II JIAN�
Chris J oh4dn,city CY0141 `
STATE OF IDAHO )
ss
County of Ada )
On this 12th day of September 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 knows the person who executed the
instrument on behalf of said City, and acknowledged to me that such City executed the same.
alou"�6 aj,�
Notary Public for Idaho
CHARLENE WAY Residing at: Meridian aho
COMMISSION No. 67390 Commission expires: 3-28-2028
NOTARY PUBLIC
STATE OF IDAHO
City ot Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancityprg
Mayor Robert E Simison
E IDIANCity Council Members:
Treg 8ernt Brad Hoaglun
Joe Borton Jessica Perreauit
Luke Cavener Liz Strader
September 10, 2022
Mr. Thomas Coleman
Toll Southwest, LLC.
3103 Sheryl Dr. Suite 100
Meridian, ID 83642
RE: The Oaks North Subdivision No. 1 — Discharge from Warranty responsibility and
Satisfaction of Development Surety Agreement
Dear Mr. Thomas Coleman:
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 November 05, 2019 and recorded as Ada County Instrument No. 2019-109581. The City
will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety.
Sincerely,
4L_— L�_
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