HomeMy WebLinkAboutExtended Stay America-Meridian Ada County Recorder Trent Tripple 2025-042618
Boise,Idaho Pgs=1 nolson 07/08/2025 03:29:14 PM
CITY OF MERIDIAN IDAHO$10.00
Electronically Recorded
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Extended Stay America-Meridian
Between
RREAF HOLDINGS, LLC
And
CITY OF MERIDIAN
The Warranty Surety Agreement,recorded as Instrument#2023-038803, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and RREAF 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.
� SEAT,
Chris Joh son-Cityderk 7-8-2025
STATE OF IDAHO )
:ss
County of Ada )
On this 8th day of July, 2025, 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.
CHARLENE WAY Cha&wW"
COMMISSION No. 67390 Notary Public for Idaho R iding at:Meridian, ID
NOTARY PUBLIC Commission expires: 3 .2 -2028
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
July 1, 2025
Douglas Washburn — Director
RREAF Holdings, LLC
1909 Woodall Rogers Freeway, 3rd Floor
Dallas, TX 75201
RE: Extended Stay America— Meridian — Discharge from Warranty responsibility and Satisfaction
of Warranty Surety Agreement
Dear Douglas Washburn:
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 July 06, 2023
and recorded as Ada County Instrument No. 2023-038803. The City will record a notice of satisfaction
of the recorded Instrument and release of Warranty Surety.
Sin erely,
v6
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