HomeMy WebLinkAboutAegean Estates Sub. No. 3 Ada County Recorder Trent Tripple 2026-009841
Boise,Idaho Pgs=1 vbailey 02/12/2026 11:41:51 AM
CITY OF MERIDIAN IDAHO$10.00
Electronically Recorded
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Aegean Estates Subdivision No. 3
Between
CHALLENGER DEVELOPMENT, INC
And
CITY OF MERIDIAN
The Development Surety Agreement,recorded as Instrument# 2023-065070, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and Challenger Development, Inc.,
("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.
� SF,AL
Chris Johns A-City C e- 2-12-2026
STATE OF IDAHO )
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County of Ada )
On this 12th day of February 2026, 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.
Lha2�LhQ q� )M
(SEAL) Notary Public for Idaho
Residing at: Meridian, ID
CHARLENE WAY Commission expires: 3-28-2028
COMMISSION No. 67390
NOTARY PUBLIC
STATE OF IDAHO City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
208-888-4433• Fax 208-887-4813 • www.meridiancity.org
Mayor Robert E. Simison
City Council Members:
E IDIAN John Overton, President
Anne Little Roberts,Vice President
Brian Whitlock
Liz Strader
Doug Taylor
Luke Cavener
February 12, 2026
Corey Barton — President
Challenger Development, Inc.
1977 E. Overland Road
Meridian, ID 83642
RE: Aegean Estates Subdivision No. 3 - Discharge from Warranty responsibility and Satisfaction
of Development Surety Agreement
Dear Corey Barton:
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
November 17, 2023 and recorded as Ada County Instrument No. 2023-065070. The City will record
a notice of satisfaction of the recorded Instrument and release of Warranty Surety.
Sincerely,
"Warrenwart, 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