HomeMy WebLinkAboutVictory Commons Phase 2-Site Infrastructure Ada County Recorder Trent Tripple 2025-076212
Boise,Idaho Pgs=1 vbailey 11/18/2025 08:03:15 AM
CITY OF MERIDIAN IDAHO$0.00
Electronically Recorded
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Victory Commons Phase 2 - Site Infrastructure
Between
BVA DEVELOPMENT, LLC
And
CITY OF MERIDIAN
The Development Surety Agreement,recorded as Instrument# 2022-0079381, entered by and
between the City of Meridian ("City"), a Municipal Corporation, and BVA Development, 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 the warranty surety.
Chris Johns -City' ,, � 11-18-2025
STATE OF IDAHO )
:ss
County of Ada )
On this 18th day of November 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.
Cha&ycWM
(SEAL) Notary Public for Idah "
Residing at: Meridian. ID
CHARLENE WAY Commission expires: 3-28-2028
COMMISSION No. 67390
NOTARY PUBLIC
STATE OF IDAHO
f 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:
IDIAN11_ Luke Cavener, President
Liz Strader,Vice President
Brian Whitlock
Doug Taylor
John Overton
Anne Little Roberts
November 17, 2025
Ryan Cleverley — Chief Operating Officer
BVA Development, LLC
2775 W. Navigator Drive, Suite 220
Meridian, ID 83642
RE: Victory Commons Phase 2-Site Infrastructure — Discharge from Warranty responsibility and
Satisfaction of Development Surety Agreement
Dear Ryan Cleverley:
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 15, 2022 and recorded as Ada County Instrument No. 2022-079381. The City will record a
notice of satisfaction of the recorded Instrument and release of Warranty Surety.
Sinc rely,
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