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HomeMy WebLinkAboutSawtooth Landing Office Condominiums ADA COUNTY RECORDER Trent Tripple 2024-059393 BOISE IDAHO Pgs=1 BONNIE OBERBILLIG 10/22/2024 08:02 AM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Sawtooth Landing Office Condominiums Between MRS LANDHOLDINGS, LLC And CITY OF MERIDIAN The Development Surety Agreement,recorded as Instrument 9 2022-080014, entered by and between the City of Meridian ("City"), a Municipal Corporation, and MRS Landholdings, 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. (Z,/ —�,� SF,AL Chris Jo * son-Ct�rk 10-21-2024 STATE OF IDAHO ) ss County of Ada ) On this 21 St day of October 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 a��Z4�j )" SEAL Notary Public for Idaho CHARLENE WAY Residing at: Meridi I 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: C�w IDIAN� Luke Cavener, President Liz Strader,Vice President Brian Whitlock Doug Taylor John Overton Anne Little Roberts October 18, 2024 Mark Bigelow — Member MRS Landholdings LLC 1716 N. Stagno Bello Place Eagle, ID 83616 RE: Sawtooth Landing Office Condominiums — Discharge from Warranty responsibility and Satisfaction of Development Surety Agreement Dear Mark Bigelow: 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 September 16, 2022 and recorded as Ada County Instrument No. 2022-080014. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sin erely, 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 Avenue, Suite 200,Meridian,ID 83642 Phone 208-898-5500 . www.meridiancity.org