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HomeMy WebLinkAboutTen Mile Crossing Medical Office BuildingADA COUNTY RECORDER Phil McGrane 2022-096623 BOISE IDAHO Pgs=1 ANGIE STEELE 12/02/2022 04:13 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Ten Mile Crossing Medical Office Building Between BVASB TEN MILE MEDICAL OFFICE BUILDING, LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2020-165934, entered by and between the City of Meridian ("City"), a Municipal Corporation, and BVASB Ten Mile Medical Office Building, 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 ,0 re warranty surety. = City or w E IDIANIDANO +i— Chris JohtrWn,City STATE OF IDAHO ) : ss County of Ada V4 \ On this 2 day of .Le.C-t v,\be-c , 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,suc�jity executed the same. (SEAL] � t(C�DLYx ktl11a:3i911.I i� `� � #20192357 4 � � La%j,` m teary Publi for Residing a VV10 Commission expires: i City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org E IDIANR,- �J December 01, 2022 J. Thomas Ahlquist BVASB Ten Mile Medical Office Building, LLC 2775 W. Navigator Dr. Suite 220 Meridian, ID 83642 Mayor Robert E Simison City Council Members: Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader RE: Ten Mile Crossing Medical Office Building — Discharge from Warranty responsibility and Satisfaction of Development Surety Agreement Dear J. Thomas Ahlquist: 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 December 03, 2020 and recorded as Ada County Instrument No. 2020-165934. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, 4L4L��_ 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