HomeMy WebLinkAboutFoxcroft Sub. No. 2 - Apartment Buildings Ada County Recorder Trent Tripple 2026-042875
Boise,Idaho Pgs=1 vbailey 06/15/2026 08:06:22 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: Foxcroft Subdivision No. 2-Apartments
Between
CHALLENGER DEVELOPMENT, INC
And
CITY OF MERIDIAN
The Development Surety Agreement,recorded as Instrument# 2024-028737, 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.
illIAM
� SEAT,
Chris Johnson-City Clerk 6-15-2026
STATE OF IDAHO )
:ss
County of Ada )
On this 15th day of June 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&ycWM
Notary Public for Idaho
CHARLE E W Y Residing at: Fruitland, ID
COMMISSION No. 67390 Commission expires: 3-28-2028
NOTARY PUBLIC
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:
E IDIAN John Overton, President
Anne Little Roberts,Vice President
Brian Whitlock
Liz Strader
Doug Taylor
Luke Cavener
June 10, 2026
Corey Barton — President
Challenger Development Inc.
1977 E. Overland Road
Meridian, ID 83642
RE: Foxcroft Subdivision No. 2 - Apartment Buildings - 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 of Meridian 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
May 29, 2024 and recorded as Ada County Instrument No. 2024-028737. The City will record a
notice of satisfaction of the recorded Instrument and release of Warranty Surety.
Sincerely
44E���_
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