HomeMy WebLinkAboutEntrata Farms Subdivision No. 2ADA COUNTY RECORDER Trent Tripple 2023-009864
BOISE IDAHO Pgs=1 ANGIE STEELE 02/17/2023 08:15 AM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Entrata Farms Subdivision No. 2
Between
FIG VILLAGE AT PARKSIDE LLC
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2021-025613, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and FIG Village at Parkside, 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 reJg, s�2ff� s,, arranty surety.
STATE OF IDAHO )
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County of Ada )
On this rj day of 2023, 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 kn o w s the person who executed the
instrument on behalf of said City, and
to P/e that such C,rtvkxecuted 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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Lexon Insurance Company
C/O High Mark Insurance
FIG Village at Parkside LLC
9149 S. Monroe Plaza Way Suite A
Sandy, UT 84070
Mayor Robert E Simison
City Council Members:
Treg Bernt Brad Hoaglun
Joe Borton Jessica Perreault
Luke Cavener Liz Strader
January 12, 2023
RE: Entrata Farms Subdivision No. 2 — Discharge from Warranty responsibility and
Satisfaction of Development Surety Agreement
Dear: Mr. James Doolin
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 February 17, 2021 and recorded as Ada County Instrument No. 2021-025613. 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