HomeMy WebLinkAboutSawtooth Village Retail ComplexADA COUNTY RECORDER Phil McGrane 2022-089815
BOISE IDAHO Pgs=1 CHE FOWLER 10/28/2022 04:12 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT and
RELEASE OF WARRANTY SURETY
Forthe Development Known As: Sawtooth Village Retail Complex
Between
TS DEVELOPMENT, LLC
And
CITY OF MERIDIAN
The Warranty Surety Agreement, recorded as Instrument # 2020-151434, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and T S DEVELOPMENT, LLC. ("Developer"),
has been satisfied in accordance with the City's requirements.
Attached hereto is the City Engineer's letter confirming completion of all t e required Public
Improvements set forth in the Agreement and the City's consent to repo Egf �14@s rranty surety.
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STATE OF IDAHO )
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County of Ada )
Chris John-s'fi3K ,City
IDAHO
On this R$Sday of UC,k 06,r- , 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 k n o w s the person who executed the
instrument on behalf of said City, and acknowledged to me that suc executed the same.
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City of Meridian • 33 E. Broadway Avenue Meridian, ID83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org
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October 27, 2022
Mr. Thomas Bevan Jr.
TS Development, LLC
4202 N. Marcliffe Ave
Boise, ID 83704
Mayor Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
RE: Sawtooth Village Retail Complex — Discharge from Warranty responsibility and
Satisfaction of Warranty Surety Agreement
Dear Mr. Thomas Bevan Jr.:
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 06, 2020 and recorded as Ada County Instrument No. 2020-0151434. The
City will record a notice of satisfaction of the recorded Instrument and release of Warranty
Surety.
Sincerely,
4 L --- -J, -
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