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Satisfaction of Development Surety AgreementADA COUNTY RECORDER Christopher D. Rich 2016-100580 BOISE IDAHO Pgs=2 LISA BATT 10/19/2016 02:54 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Raisin Angels Between N & T Holdings, LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2014-090765, entered by and between the City of Meridian ("City"), a Municipal Corporation, and N & T Holdings ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter confirming completion op6ll the required Public Improvements set forth in the Agreement and t Ci 's co ent t Blease of the warranty surety. Jay C(hes,City Clerk STATE OF IDAHO ) ss County of Ada ) On this ` day of n 1 , 2016, before me, a Notary Public, personally appeared C. Jay Coles 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. U~�EAL) �'•: Lja �' Notary Public for Idaho M Residing at: o l l ' Commission expires: City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org October 16, 2016 Mayor Tammy de Weerd City Council Members: Keith Bird Joe Borton Luke Cavener Genesis Milam Ty Palmer Anne Little Roberts Mr. Thomas Hill G & S Excavation, LLC N & T Holdings, LLC 12751 Orchard Avenue 3330 E. Louise Dr., Suite 300 Nampa, ID 83651 Meridian, ID 83642 RE Raisin Angels Daycare — Discharge from warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. Hill: 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 projects 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 October 20, 2014 and recorded as Ada County Instrument No. 2014-090765 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 Ave, Suite 200, Meridian, ID 83642 Phone 208-898-5500 . Fax 208-898-9551 . www.meridiancity.org