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HomeMy WebLinkAboutMillbrae Subdivision No. 1ADA COUNTY RECORDER Trent Tripple 2024-005318 BOISE IDAHO Pgs=1 VICTORIA BAILEY 02/01/2024 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: Millbrae Subdivision Between TOLL SOUTHWEST, LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2021-089045, 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 t surety. E 1�1A STATE OF IDAHO ) W County of Ada — SFAI. On this Sday of C Vic' 2024, before me, a Notary Public, personally appeared Chris Johnson known or identifieA to me to be the City Clerk, respectively, of the City of Meridian, who executed the instrument or k n o w s the erson who executed the instrument on behalf of said City, and acknowledged t94ne,)dat swhffity executed the same. 0464 (SE6 iC0 1 1 201 % 44- OV VD 0*0000006 Residing at:_Id Commission exp City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 - Fax 208-887-4813 - www.meridiancity.org Mayor Robert E. Simison ER.IDnIAN,;-�. January 30, 2024 Corey Barton — President Challenger Development, Inc. 1977 E. Overland Road Meridian, ID 83642-6649 City Council Members: Joe Borton, President Liz Strader, Vice President Doug Taylor John Overton Anne Little Roberts Luke Cavener RE: Millbrae Subdivision No. 1 — Discharge from Warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. 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 Development Surety Agreement dated June 08, 2021 and recorded as Ada County Instrument No. 2021-089045. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sin,-cerely, 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