HomeMy WebLinkAboutFairbourne Subdivision No. 1 and No. 2ADA COUNTY RECORDER Phil McGrane 2022-082093
BOISE IDAHO Pgs=1 NIKOLA OLSON 09/26/2022 02:22 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Fairbourne Subdivision No. 1 and No. 2
Between
FAIRBOURNE DEVELOPMENT, LLC.
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2020-098795, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and Fairbourne Development, LLC,
("Developer"), has been satisfied in accordance with the City's requirements.
Attached hereto is the City Engineer's letter confirming com etio oil ail"fL%
Improvements set forth in the Agreement he ity's is tit release of tfi
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STATE OF IDAHO )
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County of Ada )
Chris Joynson,City Clerk
Public
inty surety.
On this ?-V"day of 5eP1c-e—vv\6tA-, 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 me that suOfZity 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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September 14, 2022
Mr. Sam Johnson
Fairbourne Development, LLC
2701 E. Pine Ave
Meridian, ID 83642
Mayor Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
RE: Fairbourne Subdivision No. 1 and No. 2 — Discharge from Warranty responsibility and
Satisfaction of Development Surety Agreement
Dear Mr. Sam Johnson:
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 August 04, 2020 and recorded as Ada County Instrument No. 2020-098795. 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