HomeMy WebLinkAboutNew Warehouse for Adler IndustrialADA COUNTY RECORDER Trent Tripple 2023-041947
BOISE IDAHO Pgs=1 CHE FOWLER 07/21/2023 03:42 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: New Warehouse for Adler Industrial
Between
ADLER INDUSTRIAL, LLC
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2021-099406, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and Adler Industrial, 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 ���ea6 warranty surety.
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STATE OF IDAHO )
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County of Ada
Chris JohWon,City C
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On this I day of , 2023, before me, a Notary Public,
personally appeared Chris Johnson known or i—ald ratified to me to be the City Clerk, respectively,
of the City of Meridian, who executed the instrument or knows the erson who executed the
instrument on behalf of said City, and acknowledged tcyme l'r�t ochX yy executed 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
�/rE IDIANA!ft-
DAHO
July 20, 2023
Michael S. Adler — Manager
Adler Industrial, LLC.
8665 W. Emerald St. Suite 200
Boise, ID 83704
Mayor Robert E. Simison
City Council Members:
Joe Borton John Overton
Liz Strader Jessica Perreault
Brad Hoaglun Luke Cavener
RE: New Warehouse for Adler Industrial — Discharge from Warranty responsibility and Satisfaction
of Development Surety Agreement
Dear Michael Adler:
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 30,
2021 and recorded as Ada County Instrument No. 2021-099406. 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