HomeMy WebLinkAboutFirenze Plaza Release ADA COUNTY RECORDER Trent Tripple 2024-041332
BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 07/29/2024 09:41 AM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Firenze Plaza(Al ertso s Eagle and Amity)
Between
ABS-ID-O, LLC
And
CITY OF MERIDIAN
The Development Surety Agreement,recorded as Instrument# 2022-030909, entered by and between
the City of Meridian("City"), a Municipal. Corporation, and ABS ID-0 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.
(�k—J�4
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Chris Joh on,City` 7-29-2024
STATE OF IDAHO )
ss
County of Ada )
On this 29th day of July 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.
(SEAL) Notary Public for Idah
Residing at: Meridian
CHARLENE WAY Commission expires:3-28-2028
COMMISSION No. 67390
NOTARY PUBLIC
STATE OF IDAHUy®t eridian • 33 E. Broadway Avenue Meridian, i 83642
-888-4433 • Fax 208-887-4813 • www.rneridianeityprg
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
July 15, 2024
Mr. Bradley R. Beckstrom — Vice President
ABS ID-O, LLC
P.O. Box 800729
Dallas, TX 75380
RE: Firenze Plaza (Albertsons Eagle and Amity Roads — Discharge from Warranty responsibility
and Satisfaction of Development Surety Agreement
Dear Mr. Bradley Beckstrom:
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 March
29, 2022 and recorded as Ada County Instrument No. 2022-030909. 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