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HomeMy WebLinkAboutVerado Subdivision No. 4ADA COUNTY RECORDER Phil McGrane 2022-095627 BOISE IDAHO Pgs=1 ANGIE STEELE 11/29/2022 12:13 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Verado Subdivision No. 4 Between C 17, LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2020-088500, entered by and between the City of Meridian ("City"), a Municipal Corporation, and C 17, LLC. ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter confirming completion o E uired Public Improvements set forth in the Agreement ai Ci 's coi n to2� lease of the . rranty surety. City or w E IDIAN IDANO �m SEAL Chris Joh son,City Cleric R0 the TFRk STATE OF IDAHO ) ss County of Ada ) On this 2-"ay of MoVe,vAIDe t", 2022, before me, a Notary Public, personally appeared Chris Johnson known or identified 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 to rye that such C,4y executed the same. 0 (SEAL, t C'oIvImISStON #2019'67 Notary PublicL Residing E no Commission expires: 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 15, 2022 Jim Conger - Member C17, LLC 4827 W. Fairview Ave Boise, ID 83706 Mayor Robert E Simison City Council Members: Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader RE: Verado Subdivision No. 4 — Discharge from Warranty responsibility and Satisfaction of Development Surety Agreement Dear Jim Conger: 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 July 16, 2020 and recorded as Ada County Instrument No. 2020-088500. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, ivov, 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