HomeMy WebLinkAboutNorth Point RecoveryADA COUNTY RECORDER Trent Tripple 2024-054119
BOISE IDAHO Pgs=l HEATHER LUTHER 09/27/2024 11:27 AM
CITY OF MERIDIAN, IDAHO NO FEE
SATISFACTION OF WARRANTY SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: North Point Recovery— Site Improvements
Between
NORTH POINT HOLDINGS, LLC
And
CITY OF MERIDIAN
The WalTanty Surety Agreement, recorded as Instrument # 2022-080406, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and North Point 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
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Improvements set forth in the Agreement and the City's consent to release of the warranty surety,
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Chris Johnson, City Clerk
STATE OF IDAHO
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County of Ada
On thisnday of CZ,--7-
2024, before me, a Notary Public,
personally appeared Chris Johnson known 16'r-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.
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(SEAL) Notary Public for Idaho
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City of Meridian - 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 - Fax 208-887-4813 - www,meridiancity.org
Public Works Department ◼ 33 E. Broadway Avenue, Suite 200, Meridian, ID 83642
Phone 208-898-5500 ◼ www.meridiancity.org
Mayor Robert E. Simison
City Council Members:
Luke Cavener, President
Liz Strader, Vice President
Brian Whitlock
Doug Taylor
John Overton
Anne Little Roberts
September 23, 2024
Teresa McClure – VP of Start Up Operations
North Point Holdings, LLC
1650 S. Topaz Way
Meridian, ID 83642
RE: North Point Recovery – Site Improvements – Discharge from Warranty responsibility and
Satisfaction of Warranty Surety Agreement
Dear Teresa McClure:
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 September
19, 2022 and recorded as Ada County Instrument No. 2022-080406. 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