HomeMy WebLinkAboutFairbourne Subdivision No. 3ADA COUNTY RECORDER Trent Tripple 2024-000390
BOISE IDAHO Pgs=1 VICTORIA BAILEY 01/03/2024 01:43 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Fairbourne Subdivision No. 3
Between
FAIRBOURNE DEVELOPMENT, LLC
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2021-117167, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and Fairbourne Development, LLC,
("Developer"), has been satisfied in accordance with the City's requirements.
Attached hereto is the City Engineer's, letter confirming completion of
Improvements set forth in the Agreement and the City's consero 465se of
Chris JohnsA City Clerk
STATE OF IDAHO )
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County of Ada )
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Public
Inty surety.
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On this Z�jday of - , -2623 before me, a Notary Public,
personally appeared Chris Johnson known or identi ed to me to be the City Clerk, respectively,
of the City of Meridian, who executed the instrument or knows ��} e person who executed the
instrument on behalf of said City, and acknowlpdge m9Aatsu0City executed the same.
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N-6fary Public r I
Residing at:
Commission expires:
City of Meridian - 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 - Fax 208-887-4813 - www.meridiancityorg
�/rE IDIAN�-
DAHO
December 28, 2023
Samuel Johnson — Managing Member
Fairbourne Development, LLC
P.O. Box 1335
Meridian, ID 83680-1335
Mayor Robert E. Simison
City Council Members:
Joe Borton John Overton
Liz Strader Jessica Perreault
Brad Hoaglun Luke Cavener
RE: Fairbourne Subdivision No. 3 — Discharge from Warranty responsibility and Satisfaction of
Development Surety Agreement
Dear Samuel Johnson:
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 Development Surety Agreement dated August
06, 2021 and recorded as Ada County Instrument No. 2021-117167. The City will record a notice of
satisfaction of the recorded Instrument and release of Warranty Surety.
Sincerely,
Kyle Radek, PE, for
2Wrentewart, 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