HomeMy WebLinkAboutMovado Subdivision Phase 7ADA COUNTY RECORDER Trent Tripple 2023-017842
BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 03/29/2023 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: Movado Subdivision Phase 7
Between
MOVADO DEVELOPMENT, LLC
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2020-114317, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and Movado Development, LLC,
("Developer"), has been satisfied in accordance with the City's requirements.
Attached hereto is the City Engineer's letter confirming completion of 1 the required Public
Improvements set forth in the Agreement and the City's cons nt 1 a"s`�� ,� e warranty surety.
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Chris Joyhson,City
STATE OF IDAHO )
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County of Ada )
IDAHO
On this day of , 2023, 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 acknowledgedtio rgre tji��'sj uch City executed the same.
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Residing at: e -,
Commission expires:
City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 - www.merldiancity.org
E11[ IDLIANIA_�-IHO
March 22, 2023
Amy Kelley - Member
Movada Development LLC
PO Box 593
Eagle, ID 83616
Mayor Robert E. Simison
City Council Members:
Joe Borton John Overton
Liz Strader Jessica Perreault
Brad Hoaglun Luke Cavener
RE: Movado Subdivision Phase 7 — Discharge from Warranty responsibility and Satisfaction of
Development Surety Agreement
Dear Amy Kelley:
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 02, 2020 and recorded as Ada County Instrument No. 2020-114317. 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.
Fil
Public Works Department . 33 E Broadway Ave, Suite 200, Meridian, ID 83642
Phone 208-898-5500 . Fax 208-898-9551 . www.meridiancity.org