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HomeMy WebLinkAboutWoodSpring Suites Meridian-Hotel Portion ADA COUNTY RECORDER Trent Tripple 2024-028315 BOISE IDAHO Pgs=l BONNIE OBERBILLIG 05/28/2024 02:15 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF WARRANTY SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: WoodSpring Suites Hotel—Hotel Portion Between MERIDIAN HOTEL HOLDINGS, LLC And CITY OF MERIDIAN The Warranty Surety Agreement, recorded as Instrument#2022-059200, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Meridian Hotel Holdings, 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. SEAL Chris John on,City Clerk 5-28-2024 STATE OF IDAHO ss County of Ada On this 28th day of May 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. 0*0 Notary Public for Idaho P- Residing at: Meridian 0 Commission expires: 12-04-2029 my COMMS3100 Expatis ---N wW. **hone 208-888-4433 City of Meridian - 33 E. Broadway Avenue Meridian, ID 83642 P - Fax 208-887-4813 - www.meridiancityiDrg Mayor Robert E. Simison City Council Members: Joe Borton, President Liz Strader, Vice President Doug Taylor John Overton Anne Little Roberts Luke Cavener May 28, 2024 Mr. Michael Nielson – Manager Meridian Hotel Holdings, LLC 3300 N. Triumph Blvd Suite 100 Lehi, UT 84043 RE: WoodSpring Suites Hotel - Meridian – Discharge from Warranty responsibility and Satisfaction of Warranty Surety Agreement Dear Michael Nielson: 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 June 27, 2022 and recorded as Ada County Instrument No. 2022-059200. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, 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