HomeMy WebLinkAboutElevate Self Storage Phase No. 2ADA COUNTY RECORDER Trent Tripple 2023-033092
BOISE IDAHO Pgs=1 HEATHER LUTHER 06/09/2023 12:13 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Elevate Self Storage Phase No. 2
Between
ELEVATE INVESTMENTS, LLC
And
CITY OF MERIDIAN
The Warranty Surety Agreement, recorded as Instrument # 2021-089096, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and Elevate Investments, LLC, ("Developer"),
has been satisfied in accordance with the City's requirements.
Attached hereto is the City Engineer's letter confirming completion o required Public
Improvements set forth in the Agreement and the City's con t tease o`� warranty surety.
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n �+ City or
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STATE OF IDAHO )
ss
County of Ada
Chris Joh,dison,City C
IDAHO
SEAL
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 1 n o w s t person who executed the
instrument on behalf of said City, and ac1mow1edged_,Wr9^a&e6ucWCy executed the same.
Commission expires:
City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org
�/rE IDIANA!ft-
DAHO
June 08, 2023
Mike Greene — Managing Member
Elevate Investments, LLC
3535 N. Records Ave
Meridian, ID 83646
Mayor Robert E. Simison
City Council Members:
Joe Borton John Overton
Liz Strader Jessica Perreault
Brad Hoaglun Luke Cavener
RE: Elevate Self Storage Phase No. 2 — Discharge from Warranty responsibility and Satisfaction of
Warranty Surety Agreement
Dear Mike Greene:
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 Warranty Surety Agreement dated June 08,
2021 and recorded as Ada County Instrument No. 2021-089096. The City will record a notice of
satisfaction of the recorded Instrument and release of Warranty Surety.
Sincerely,
v6
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