HomeMy WebLinkAboutNick Estates Subdivision Warranty Surety ADA COUNTY RECORDER Trent Tripple 2024-022090
BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 04/29/2024 08:44 AM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Nick's Estates Subdivision
Between
CHALLENGER DEVELOPMENT, INC
And
CITY OF MERIDIAN
The Warranty Surety Agreement, recorded as Instrument 9 2022-033390, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and Shearer Homes, 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 release of the warranty surety.
ILo,
r, SF. T.
Chris Jo # son,City 4-29-2024
STATE OF IDAHO )
:ss
County of Ada )
On this 29th day of April 2024, 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 acknowledged to me that such City executed the same.
Cha&wWaij
CHARLENE WAY Notary Public for I . o
Residing at: Meridian, ID
COMMISSION No. 67390 Commission expires: 3-28-2028
NOTARY PUBLIC
STATE OF IDAHO
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
City Council Members:
E IDIAN � Joe Borten, President
� Liz Strader,Vice President
Doug Taylor
John Overton
Anne Little Roberts
Luke Cavener
April 26, 2024
Nick Shearer— Member
Shearer Homes LLC
1180 N. Ten Mile Road
Meridian, ID 83642
RE: Nick's Estates Subdivision — Discharge from Warranty responsibility and Satisfaction of
Warranty Surety Agreement
Dear Nick Shearer:
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 April 04, 2022
and recorded as Ada County Instrument No. 2022-033390. The City will record a notice of satisfaction
of the recorded Instrument and release of Warranty Surety.
Sincerely,
4Warre4ntart, 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