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HomeMy WebLinkAboutRapid Creek Subdivision No. 2ADA COUNTY RECORDER Trent Tripple 2023.037730 BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 06/30/2023 09:49 AM MERIDIAN CITY NO FEE Hill IIII1111111111111II II 1 IIIIIIIIIIIIIII III III 01266663202300377300010018 NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Rapid Creep Subdivision No. 2 Between CHALLENGER DEVELOPMENT, INC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2021-105812, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Challenger Development, Inc, ("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 release of the Tr�`J y`: tr> ty , CRY of E.)q [-)AA /Yl IoaN l� Jolao is aerc STATE OF IDAHO ) ss County of Ada On this � day of �J 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 acknowledged to me that such City executed the same. Notary Public for Id Residing at: ✓��il'1 1 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 30, 2023 Mayor Robert E. Simison City Council Members: Joe Borton John Overton Liz Strader Jessica Perreault Brad Hoaglun Luke Cavener Corey Barton - President Challenger Development, Inc. 1977 E. Overland Road Meridian, ID 83642-6649 RE: Rapid Creek Subdivision No. 2 — Discharge from Warranty responsibility and Satisfaction of Development Surety Agreement Dear Corey Barton: 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 July 14, 2021 and recorded as Ada County Instrument No. 2021-105812. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sinc rely, Zv6 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