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HomeMy WebLinkAboutGraycliff Estates Subdivision Phase 1ADA COUNTY RECORDER Trent Tripple 2023-056615 BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 10/03/2023 12:26 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF WARRANTY SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Graycliff Estates Subdivision Phase 1 Between KB HOME IDAHO, LLC And CITY OF MERIDIAN The Warranty Surety Agreement, recorded as Instrument # 2021-144088, entered by and between the City of Meridian ("City"), a Municipal Corporation, and KB HOME IDAHO, LLC, ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter confirming complet' FM required Public Improvements set forth in the Agreement alid the City's 1 e o release of o e warranty surety. = city or ° E ID'1� IAN._. iDAHO } SEAL Chris J6hnson,City C STATE OF IDAHO ) ss County of Ada ) rd On this day of C)cJ ®�Deit- 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 knows the person who executed the instrument on behalf of said City, and acicnowledged� in tha�suity executed the same. *seem, ° T (SEAL` a 4 ary Publi f COMMIS,Residing d #20192<357 P Commission expires: 000000 � 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 September 27, 2023 Thomas Coleman - President KB HOME IDAHO, LLC 1414 Bannock Street Boise, ID 83702 Mayor Robert E. Simison City Council Members: Joe Borton John Overton Liz Strader Jessica Perreault Brad Hoaglun Luke Cavener RE: Graycliff Estates Subdivision Phase 1 — Discharge from Warranty responsibility and Satisfaction of Warranty Surety Agreement Dear Thomas Coleman: 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 October 04, 2021 and recorded as Ada County Instrument No. 2021-144088. 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