HomeMy WebLinkAboutCole Valley Christian Schools-Central Campus Utility Water Ada County Recorder Trent Tripple 2025-049737
Boise,Idaho Pgs=5 vbailey 08/05/2025 09:39:12 AM
CITY OF MERIDIAN IDAHO$0.00
Electronically Recorded
City of Meridian
WARRANTY SURETY AGREEMENT
Cole Valley Christian Schools — Central Campus Utility Water
-/k
THIS WARRANTY SURETY AGREEMENT is made and entered into this Vday of
4,4 204 by and between the CITY OF MERIDIAN, a Municipal Corporation,
hereinaftdr- referred to as CITY, and COLE VALLEY CHRISTIAN SCHOOLS hereinafter
referred as DEVELOPER.
WITNESSETH:
WHEREAS, DEVELOPER received approval from the CITY on June 10, 2025, of the
construction plans ("Construction Plans"), for the development known as Cole Valley Christian
Schools-Central Campus Utility Water ("Subdivision Plat") located in the City of Meridian,
which Construction Plans include improvements for public life, safety and health ("Required
Public Improvements") and improvements for non-life, non-safety and non-health improvements
("Required Development Improvements") (The Required Public Improvements and Required
Development Improvements may be collectively referred herein as "Improvements"); and
WHEREAS, DEVELOPER has completed the installation of the Improvements; and
WHEREAS,the Unified Development Code of the City of Meridian Section 11-5C-3 requires that
the DEVELOPER execute and file with the CITY an agreement providing for,among other things,
a warranty surety in the amount of twenty percent of the cost of improvements for a period of two
years; and
WHEREAS, the CITY is agreeable to acceptance of the improvements upon the execution of this
Warranty Surety Agreement and compliance by the DEVELOPER with the provisions of the
Unified Development Code of the City of Meridian.
NOW, THEREFORE, in consideration of foregoing mutual promises, covenants and agreements
of the parties, it is hereby agreed as follows:
1. The DEVELOPER agrees to correct, repair and maintain all such Required Public
Improvements from any defects, omissions or irregularities in the construction, materials
or work thereof for a period of two (2) calendar years from the date of written acceptance
of such Improvements.
2. Upon execution of this Agreement, the DEVELOPER shall notify the CITY of the
readiness for final inspection. Upon certification by the City Engineer that all requirements
WARRANTY SURETY AGREEMENT—Cole Valley Christian Schools-Central
Campus Utility Water—Page 1
Instrument # 2025-049737
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of the CITY have been met and CITY formally accepts such Improvements in writing,the
following shall occur:
A. The DEVELOPER shall submit to the CITY a Warranty Surety in a form approved
by the CITY in the estimated sum of$50,768.40 to provide for correction of any
defective materials or workmanship in such Required Public Improvements for a
period of two (2) years after final acceptance, as defined in the City Public Works
Construction Code. The amount of such surety assurances is based upon 20% of
the contractor's itemized bid, as set forth on Exhibit "A" attached hereto and
incorporated herein, for the completion of the Required Public Improvements. At
the expiration of the two-year period, DEVELOPER shall submit a written request
to the CITY to release the Warranty Surety, along with a statement from the
DEVELOPER that the Required Public Improvements continue to meet City's
Requirements at the end of the two-year warranty period. After receiving such
request,the CITY shall conduct an inspection of the Required Public Improvements
to determine if any defects are present. If there are no defects, CITY shall
release/return the Warranty Surety to DEVELOPER.
3. The CITY agrees to accept the Required Public Improvements upon certification by the
City Engineer that all Required Public Improvements have been constructed in
accordance with the City's Requirements. Such certification is not intended to relieve
DEVELOPER or any contractor or material supplier of their responsibility for any
defects in materials or workmanship of such Improvements.
4. In construing this Agreement, it is understood that either party may be more than one
person and if the context so requires, the singular pronoun shall be taken to mean and
include the plural, the masculine, and neuter, and that generally all grammatical changes
shall be made,assumed and implied to make the provisions hereof apply equally to a single
or several individuals.
WARRANTY SURETY AGREEMENT—Cole Valley Christian Schools-Central
Campus Utility Water—Page 2
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IN WITNESS WHEREOF, the parties shall cause this Warranty Surety Agreement to be executed
by their duly authorized officers the day and year first above written.
COLE VALLEY CHRISTIAN SCHOOLS:
By:
Allen Howlett—Superinte dent
STATE OF IDAHO
ss.
County of Ada )
On this Z- `day of V I L& 202, before me, the undersigned, a Notary
Public in and for the State of Idaho, persohally appeared Allen Howlett, known or identified to me to be
the Superintendent of Cole Valley Christian Schools,who executed this instrument on behalf of said Non-
Profit Corporation, and acknowledged to me that such Corporation executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and
year first above written.
SEAL
F — ——--- Notary Public for Id ho ^7
Notary
ITHA BROOK EPLER My Commission Expires: r
Public-State of Idaho
sion Number 20213095
ission Expires Jul 7,2027
WARRANTY SURETY AGREEMENT—Cole Valley Christian Schools-Central
Campus Utility Water—Page 3
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CITY OF MERIDIAN:
Dated: 5 August 2025 By: C
Caleb Hood
Deputy Director of Community Development
�Y
WARRANTY SURETY AGREEMENT—Cole Valley Christian Schools-Central
Campus Utility Water—Page 4
Instrument # 2025-049737
08/05/2025 09:39:12 AM Page 5 of 5
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