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HomeMy WebLinkAboutSummerwood Subdivision No. 1ADA COUNTY RECORDER Phil McGrane 2023-000236 BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 01/03/2023 01:47 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Summerwood Subdivision No. 1 Between CHEROKEE DEVELOPMENT, LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2020-116531, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Cherokee Development, LLC. ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter confirming completion o P� A c required Public Improvements set forth in the Agreement and the City's con t t q_j ease o warranty surety. x22 ^ City of w Chris Johdson.City Cl STATE OF IDAHO ) :ss County of Ada ) SEAL (d 2-02 3 On this 3 day of �p, v� U o� c- ` �, before me, a Notary Public, personally appeared Chris Johnson known or identif�o 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 tyre that s, 4c City executed the same. (SEAL s (,t`> M ISBION #20192 3.57 � �5%0. OF Notary Pu rc f " a Residi ec' 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 December 23, 2022 Mr. Mike McCollum Cherokee Development, LLC 398 E. Cooper Ridge Meridian, ID 83646 Mayor Robert E Simison City Council Members: Treg Bernt Brad Hoaglun Joe Borton Jessica Perreault Luke Cavener Liz Strader RE: Summerwood Subdivision No. 1 — Discharge from Warranty responsibility and Satisfaction of Development Surety Agreement Dear Mike McCollum: 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 September 08, 2020 and recorded as Ada County Instrument No. 2020-116531. 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