HomeMy WebLinkAboutBonding
200 E. Carkon, Suite 201
Meridian, ID 83642
Phone: 208.884.5533
Fax: 208.887.1297
FaX
To: Will Berg From: Steve Siddoway
Fax: 888.4218 Date: October 20, 1999
Phone: 888.4433 Pages: 2
Re: The Landing No. 11 Letter of Credit CC: Bruce Blaser 342.1536 (fax)
Shari Stiles
file
^ Urgent For Review ^ Please Comment ^ Please Reply ^ Please Recycle
•Comments:
I met with Bruce Blaser on 10/19/99 to discuss the bonding requirements for the Landing No. 11 and to
review the progress of the landscape berm along I-84. Following are the ,results of that meeting.
1. The bid submitted for irrigation, fencing, landscaping, finish grading and seeding is generally
accurate based on the approved landscape plan. However, the Patmore Ash trees and the
Crabapple trees must be 2" minimum, not 1.5"-2", as originally shown on the bid. Bruce Blaser
agreed, and noted the change on the bid with his signature.
2. Bruce Blaser agreed to increase the amount on the bid from $38,398.75 to $43,000 to cover any
additional costs in the tree sizes. A 110% bond on $43,000 would be $47,300. Bruce said he
would bring a letter of credit to Will Berg for an even $50,000.
3. Bruce also noted on the bid that the Bent Grass seeding would be changed to Red Fescue as per
the approved landscape plan. The fescue requires less water than the bent grass. Both require
mowing.
4. Apparently Nampa Meridian Irrigation District is requiring a ditch between the freeway fence and
the berm, although I have not seen this requirement in writing. It is my understanding that the ditch
is simply for runoff during rainstorms, snow melt, etc., and will not be an irrigation ditch that would
require piping.
5. The berm construction appears to be proceeding as required, with the toe of the slope beginning at
the ditch and the apex at the 25' line. Slopes on the freeway side currently appears to be too
steep, but it will be regraded when the soil gets enough moisture to contour the berm better.
Current berm height appears to be about 9 feet. Finished grades on the berm must be no steeper
than 2:1 and no less than 3:1, with at least 8 feet in height. It is important the slopes are moveable,
as the grass will require mowing.
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IlV'TERVVEST
SPRINKLER AND 1RRIGATION
1695 Past Meadow Wood St.
Meridian, ID 83642
887918
BID
Customer : Mallard Landmg LLC
Job: The Landing #11
Sprinkler S`ystero $8000.00
Fence: (1350 ft of 4 8 cedar £ence~ $10.45/ 514,107.50
L ~i .~, (6 8 chain link £,~ace @ $4.75/$) 3016.
REcE~D
OCT -4 1999
CITY OF MERIDIAN
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Landscapia~: 35 Potmoore Ash's-2 inch caliper, 35 Crabapples, 70 5 gallon Blue
tllows, 35 S gallon Red tang Dogwoods, phu labor ($4025)
$12,075.00
Fynish Grade & $ent Grass Seeding 1200.0 n
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Total Price: $38,398.75
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RECL7VED
O C T 0 4 1999
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** TOTAL PAGE.01 **
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KeyBank
KEYBANK NATIONAL ASSOCIATION
ISSUE DATE: OCTOBER 26, 1999
IRREVOCABLE STANDBY LETTER OF CREDIT NUMBER WSL991693
APPLICANT BENEFICIARY
MALLARD LANDING, LLC CITY OF MERIDIAN
3350, AMERICANA TERRACE, SUITE 200 33 E. IDAHO AVE
BOISE, ID 83706 MERIDIAN, ID 83642
R~cE~D
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CITY OF 17ERIDIAN
AMOUNT: EXPIRATION: OCTOBER 26, 2000
USD50,000.00 AT THE COUNTERS OF KEYBANK
Fifty Thousand Dollars Only NATIONAL ASSOCIATION, INTERNATIONAL
DIVISION, MS: WA 31-10-5260
700 FIFTH AVENUE, 52ND FLOOR
SEATTLE, WASHINGTON 98104
We hereby issue our Irrevocable Standby Letter of Credit number WSL991693
for USD50,000.00 (Fifty Thousand Dollars only). Credit is available with
us by payment of draft(s) drawn at sight on KeyBank National Association,
bearing this letter of credit number and accompanied by the documents
detailed herein:
1. Beneficiary's statement purportedly signed by an authorized individual of
City of Meridian certifying "The Principal, Mallard Landing, LLC has not
performed or fulfilled all of the undertakings, covenants and conditions
in accordance with the terms of the agreement between Mallard Landing, LLC
and the City of Meridian with respect to Mallard Landing No. 11".
2. The original of this Letter of Credit and any subsequent amendments.
Partial drawings are permitted.
All banking charges other than those of KeyBank National Association are
for account of the beneficiary.
We hereby engage with the drawers of drafts drawn under and in compliance
with the terms of this Credit that the same shall be duly honored on due
presentation and delivery of docuuments as specified to KeyBank National
Association, International Division, 700 Fifth Avenue, 52nd Floor,
MS: WA-31-10-5260, Seattle, Washington 98104 on or before the expiration date.
Drawings also may be presented to: KeyBank National Association, Boise
Commercial Banking Center, 702 W. Idaho Street, 2nd Floor, Boise, ID 83702
Attn: C. Hervey.
This credit is subject to the Uniform Customs and Practice for Documentary
Credits (1993 Revision), International Chamber of Commerce Publication No. 500.
Please direct any inquiries with regard to this Letter of Credit to
KeyBank National Association, International Division, 700 Fifth Avenue,
52nd Floor, MS: WA-31-10-5260, Seattle, Washington 98104, (206) 684-6458.
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AEMBER FDIC THE FACE OF THIS DOCUMENT HAS A GRAY PANTOGRAPH BACKGROUND FORM NO. 92-7188X REV. 1119.
OCT 19 '99 14 04 FR PUBLIC WORKS
Memorandum
ro: Wilt Berg, Jr.
2088871297 TO CITY HALL P.02/04
cc: file -David Collins (fax) -Shari Stiles
From: Gary Smith
Date: 091291'99
Re: The Landing Subd. No.11-Final Plat
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Will: Here is mylar sheet no.1 and mylar sheet no.2 for this subdivision with my
signature and date in the appropriate certificate on sheet no.2. I have signed sheet
no.2 with the understandrng that the following cor'n'ctions will be made by David
prier to recording:
1. Change S. Pelican Avenue bo S. Pelican Wav. To conform with recorded plat
no.10.
2. In the "Common Area Designation" note, add 19 after the word "Blod~'.
3. In the "K®nnedy Lateral" note, insert the Nampa & Meridian Irrigation District
License Agnsement number in the blank provided.
4. Add a Hobe to the plat that the maintenance of the landscape area along I_g4 will
be the responsibility of the Homeowners Association as agreed bo in a public
hearing by the developer of this project This declaration shall also appear in
the CCR's.
I have reviewed my project file and find fhe following information:
1. Improvements that must tie completed or bonded (via Letter of Credit) through
your office prior to your signature include:
a, Street Lights -Five are required, generally at street intersections/flre
hydrant locations.
b. Landscaping of berm along I-84 with approximately 1315 lineal feet of 4foot
high fence at trop of berm. According to the apprrn~ed plan, landscaping
shall consist of 35 Ash trees; 35 Crabappl® trees; 70 Blue Arctic willows and
35 Red Twig Dogwoods.
1
OCT 19 '99 14 05 FR PUBLIC WORKS 2088871297 TO CITY HALL P. 03/04
September 29, 1999
c. Six foot high permanent perimeter fence along west and east boundary.
Appro~amately 635 lineal feet
As has been our requirements, developer needs in submit contractor bids to
substantiate the Letter of Credit amounts to guarantee completion of those
improvements not completed prior to your signature.
2. David makes reference to an e~asting encroachment agreement for fences
within the Kennedy Lateral easement that was done for previous phases of The
Landing Subdivision. I researched a couple of previous project files and find
reference that the Kennedy Latest was piped, hovuever, I can't find a copy of an
encroachment agreement 1 assume iF the piping was completed, so was an
encroachment agreement Perhaps your project files contains a copy of this
agreement
These are all of my comments. If you have any questions please give me a call.
Regards,
Gary
2
OCT 19 '99 14 85 FR PUBLIC WORKS 2088871297 TO CITY HRLL P.04i04
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INTERWEST
SpRYNKT.F.R AND IItRI~A.~~ON
1695 Past Meadow Wood St.
Meridian, ID 83642
88'»918
BIA
Gbstomer : Mallard I,andmg LLC
Job: The Laadmg #11
S~raakXer S~stero $8000.00
Feace: (1350 ft of 4 ~ cedar fcoce $10.45 $14,107.50
(6 $ chain 1~ ce @ $4.75/$) 3016.
REcEZV~D
OCT -4 1999
CxTY OF ME1~1JiAN
Lsn~ ~: 35 Potmoore Ash 1.5-2 inch caliper, 35 Crabapples, 70 5 gallon Blue
illows, 35 5 gallon Red twig Dogwoods, phis labor ($4025)
$I2,07S.00
)finish Grade & Bent Grass Seadin~ 1200.0
Total Price: $38,398.75
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OCT 0 4 1999
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** TOTAL PAGE.61 **
** TOTAL PAGE. 04 **
OCT 19 '99 14 04 FR PUBLIC WORKS 2088871297 TO CITY HALL P.01/04
CITY OF MERIDIAN _
ROBERT D. CORRIE COUNCIL MI=MB~,SY'
Mayor PUBLIC WORKS /BUILDING DEPARTMENT CHARLES M. ROUNTRE~
GLENN R. REN'1'LEY
GARY D. SMITH, P.E. RON ANDERSON
Public Works Director KEITH R1Rp
FA CSIM~LE COVER S~.EET
Date: ~ D Time: 2' ~°
Please deliver to: ~~~~
Company /Department: C~~iY~G
Fax No.: _g~~- ~~/~ Phone No.:
Total Number of Pages, Including This Cover Sheet:
From: ~ ~~
Fax No.: Phone No.:
Comments:
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200 East Carlton, Suitc 100 Meridian, Idaho 83642 Phone (208) 887-22) 1 Fax (2081 8R7- 1297
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KeyBank
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itJ~YJ3ANK NATIONAL ASSOCIATION
TSStJE DATE: APRIL 19, 1999
IRREVOCAJ3LE STANDBY LETTER OF CREDIT NUMBER WSL991201
A.PrLICANT BENEFICIARY
MALLARD LANDING, LLC CITY OF MERIDIAN
3350 AI~IE~RIC.RNA TERRACE, SUITE 200 33 E. IDAHO AVE
BOISE, ID 33706 MERIDIAN, ID 83642
A~10L1N'I': EXPIRATION: APRIL 19, 2000
USJ)14,00.0.00 AT THE COUNTERS OF KEYBANK
fourteen Thou: and Dollars Only NATIONAL ASSOCIATION, INTERNATIONAL
DIVISION, MS: WA 31-10-5360
700 FIFTH AVENUE, 53RD FLOOR
SEATTLE, WASHINGTON 98104
We hereby issue our Irrevocable Stanaby Letter of Credit number WSL991201
for USD14,000.00 (Fourteen Thousand Dollars Only). Credit is available
with LIu by payment of draft(s) drawn at sight on KeyBank National
A~:sar.iation, bearing this letter of credit number and accompanied
by the documents detailed herein:
1. BenE~ficiary's statement purportedly signed by an authorized individual of
City of Ieridian certifying "Tine Principal, Mallard Landing, LLC, has not
performed or fulfilled all of the undertakings, covenants and conditions
in accordance with the terms of the agreement between Mallard Landing, LLC
- and City of Meridian with respect to Mallard Landing No. 10."
2. The original of this Letter of Credit and any subsequent amendments.
SPECIAL CONDITIONS:
Partial drawings are permitted.
A11 banking charges other than those of KeyBank National Association are
for account of the beneficiary.
Fe hereby engage with the drawers of drafts drawn under and in compliance
with the terms of this Credit that the same shall be duly honored on due
presentation and delivery of documents as specified to KeyBank National
ASSUClat1.0I1, International Division, 700 Fifth Avenue, 53rd Floor,
14I:~: WA-•31-•10-•5360, Seattle, Washington 98104 on or before the expiration date
J~rawings may also be presented to: KeyBank National Association, Boise
Ct_>mmercial Banking Center, 702 W. Idaho Street, 2nd Floor, Boise, ID 83702
Attn: C. Hervey.
7`1115 credit is subject to the Uniform Customs and Practice for Documentary
Credits (1993 Revision), International Chamber of Commerce Publication No. 500.
rlease direct any inquiries with regard to this Letter of Credit to
KeyBank National Association, International Division, 700 Fifth Avenue,
53rd Floor, MS: WA-31-10-•5360, Seattle, Washington 98104, (206) 684-6458.
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Authorized Signature Authorized Signature
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APR 2 2 1999
CITY OF MEIIIDIAI`~
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KeyBank
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KLYI3ANK NA'I'IOPdAL ASSOCIATION
ISSUE DATE: AFRIL 19, 1999
IRREVOCABLE STANDBY LETTER OF CREDIT NUMBER WSL991201
R.PPIIICANT BENEFICIARY
MALLARD LANDING, LLC CITY OF MERIDIAN
3'50 RME~RICANA TERRACE, SUITE 200 33 E. IDAHO AVE
)30ISE, ID 83706 MERIDIAN, ID 83642
AMOUNT: EXPIRATION: APRIL 19, 2000
USD14,000.00 AT THE COUNTERS OF KEYEANK
fourteen Thousand Dollars Only NATIONAL ASSOCIATION, INTERNATIONAL
DIVISION, MS: WR 3i-10-5360
700 FIFTH AVENUE, 53RD FLOOR
SEATTLE, WASHINGTON 98104
We hereby issue our Irrevocable Stanaby Letter of Credit number WSL991201
f.c>r USD14,000.00 (Fourteen Thousand Dollars Only). Credit is available
with tts by payment of draft(s) drawn at sight on KeyBank National
R.:sor.iation, bearing this letter of credit number and accompanied
by the documents detailed herein:
Beneficiary's statement purportedly signed by an authorized individual of
City of Meridian certifying "The Principal, Mallard Landing, LLC, has not
performed or fulfilled all of the undertakings, covenants and conditions
in accordance with the terms of the agreement between Mallard Landing, LLC
and City of Meridian with respect to Mallard Landing No. 10."
The original of this Letter of Credit and any subsequent amendments.
~~PECIAII CONDITIONS:
L~ar1:ial drawings are permitted.
All banking charges other than those of KeyBank National Association are
for account of the beneficiary.
4.'e hereby engage with the drawers of drafts drawn under and in compliance
with the terms of this Credit that the same shall be duly honored on due
presentation and delivery of documents as specified to KeyBank National
Rssoci;~tion, International Division, 700 Fifth Avenue, 53rd Floor,
riS: WA•31-•10-5360, Seattle, Washington 98104 on or before the e.~piration date.
l~r;~wiiigs may also be presented to: KeyBank National Association, Boise
C~.>mmerc.ial Banking Center, 702 W. Idaho Street, 2nd Floor, Boise, ID 83702
Ai~ tli : C . Hervey .
This credit is subject to the Uniform Customs and Practice for Documentary
Credits (1993 Revision), International Chamber of Commerce Publication No. 500.
Please direct any inquiries with regard to this Letter of Credit to _
KeyBank National Association, International Division, 700 Fifth Avenue,
~r3rd Floor, MS: WA-31-10-•53E0, Seattle, Washington 98104, (206) 684-6458. =
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Authorized Signature Authorized Signature
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REcE~D
APR 2 2 1999
CITY OF MERIDIAN
~~ KeyBank
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KEYBANK NATIONAL ASSOCIATION
BOISE, IDAHO
ISSUE DATE: MAY 29, 1997
IRREVOCABLE STANDBY LETTER OF CREDIT NUMBER WSL790202
APPLICANT
MALLARD LANDING LLC
3350 AMERICANA TERRACE, SUITE 200
BOISE, IDAHO 83706
AMOUNT:
USD53,220.00
Fifty Three Thousand Two Hundred
Twenty U.S, Dollars Only
mAtl~~~~..: ",,.~ •}A~~ 1\A Aft wl\A;
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BENEFICIARY
CITY OF MERIDIAN
33 EAST IDAHO
MERIDIAN, IDAHO 83642
EXPIRATION: MAY 29, 1998
AT THE COUNTERS OF KEYBANK
NATIONAL ASSOCIATION
INTERNATIONAL DIVISION
700 FIFTH AVENUE, 53RD FLOOR
SEATTLE, WASHINGTON 98104
We hereby issue our Irrevocable Standby Letter of Credit number WSL790202
for USD53,220.00 (Fifty Three Thousand Two Hundred Twenty U.S. Dollars Only).
Credit is available with us by payment of draft(s) drawn at sight on KeyBank
National Association, Boise, Idaho, bearing this letter of credit number
and accompanied by the documents detailed herein:
1. Beneficiary's statement purportedly signed by an authorized individual of
the City of Meridian certifying: "Mallard Landing LLC has defaulted and
failed to perform completion of fence, lights, landscaping, park &
irrigation improvements as required in the development of Mallard
Landing 9."
2. The original of this Letter of Credit and any subsequent amendments.
SPECIAL CONDITIONS:
Partial drawings are permitted.
All bank charges other than those of KeyBank National Association are for
the account of the beneficiary.
We hereby engage with the drawers of drafts drawn under and in compliance
with the terms of this Credit that the same shall be duly honored on due
presentation and delivery of documents as specified to KeyBank National
Association, International Division, 700 Fifth Avenue, 53rd Floor,
Seattle, Washington 98104 on or before the expiration date.
This credit is subject to the Uniform Customs and Practice for Documentary
Credits (1993 Revision), International Chamber of Commerce Publication
Number 500.
Please direct any inquiries with regard to this Letter of
KeyBank National Association, International Division, 700
53rd Floor, Seattle, Washington 98104, (206) 4-6458.
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Authorized Signature Authorized
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Signature
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KEYBANK NATIONAL ASSOCIATION
BOISE, IDAHO
DATE: JUNE 10, 1997
AMENDMENT NUMBER ( ONE ) 1
IRREVOCABLE STANDBY LETTER OF CREDIT WSL790202
APPLICANT: BENEFICIARY:
MALLARD LANDING LLC CITY OF MERIDIAN
3350 AMERICANA TERRACE, SUITE 200 33 EAST IDAHO
BOISE, IDAHO 83706 MERIDIAN, IDAHO 83642
The above mentioned letter of credit is amended as follows:
1. Drawings may now also be presented at:
KeyBank National Association
International Division
702 West Idaho, 2nd Floor
Boise, Idaho 83701
All other terms and conditions remain unchanged.
This is the operative instrument which forms an integral part of the Letter of
Credit WSL790202 and must be attached thereto.
Authorized Signature
Aut orized Signature
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