HomeMy WebLinkAboutFairview Row Townhomes-Cottonwood Apartments Ada County Recorder Trent Tripple 2026-028139
Boise,Idaho Pgs=1 vbailey 04/22/2026 09:23:28 AM
CITY OF MERIDIAN IDAHO$10.00
Electronically Recorded
NOTICE
SATISFACTION OF WARRANTY SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Fairview Row Townhomes aka Cottonwood Apartments
Between
COTTONWOOD ENTERPRISES, LLC
And
CITY OF MERIDIAN
The Warrant Surety Agreement,recorded as Instrument# 2024-020845, entered by and between the
City of Meridian ("City"), a Municipal Corporation, and Cottonwood Enterprises, 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.
� ! 6� �,W"`lM
� SF,AL
Chris Joh son-Ci�" erk 4-22-2026
STATE OF IDAHO )
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County of Ada )
On this 22"d day of April 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.
Cha&ycW%(SEAL) Notary Public for Idah
Residing at: Idaho
CHARLENE WAY Commission expires: 3-28-2028
COMMISSION No. 67390
NOTARY PUBLIC
STATE OF IDAHO
an • 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:
E IDIAN John Overton, President
Anne Little Roberts,Vice President
Brian Whitlock
Liz Strader
Doug Taylor
Luke Cavener
April 21, 2026
Steve Martinez — Member
Cottonwood Enterprises LLC
9165 W. State Street
Boise, ID 83714
RE: Fairview Row Townhomes aka Cottonwood Apartments - Discharge from Warranty
responsibility and Satisfaction of Warranty Surety Agreement
Dear Steve Martinez:
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 April
22, 2024 and recorded as Ada County Instrument No. 2024-020845. The City will record a notice of
satisfaction of the recorded Instrument and release of Warranty Surety.
Sinc rely,
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