HomeMy WebLinkAboutTimberline Subdivision No. 2ADA COUNTY RECORDER Trent Tripple 2023-067432
BOISE IDAHO Pgs=1 VICTORIA BAILEY 12/01/2023 04:13 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Timberline Subdivision No. 2
Between
BAILEY INVESTMENTS, LLC
And
CITY OF MERIDIAN
The Warranty Surety Agreement, recorded as Instrument # 2021-145867, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and Bailey Investments, LLC, ("Developer"), has
been satisfied in accordance with the City's requirements.
Attached hereto is the City Engineer's letter confirming completion °tUGf' iced Public
Improvements set forth in the Agreement an e Ci 's co ei t release of the rranty surety.
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Chris JohrAon,City Clerk
STATE OF IDAHO )
ss
County of Ada )
On this day of I 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 aclaiowledged jvm9,that4u.S15Zity executed the same.
Notary Publi al
Residing
Commission expires:
City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org
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DAHO
December 01, 2023
Mark Bailey
Bailey Investments, LLC
25002 SE 42nd Street
Issaquah, WA 98029
Mayor Robert E. Simison
City Council Members:
Joe Borton John Overton
Liz Strader Jessica Perreault
Brad Hoaglun Luke Cavener
RE: Timberline Subdivision No. 2 — Discharge from Warranty responsibility and Satisfaction of
Warranty Surety Agreement
Dear Mark Bailey:
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 07,
2021 and recorded as Ada County Instrument No. 2021-145867. The City will record a notice of
satisfaction of the recorded Instrument and release of Warranty Surety.
Zerely,
77�_
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