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Satisfaction of Warranty Surety Agreement and Release of Warranty SuretyADA COUNTY RECORDER Christopher D. Rich 2017-006811 BOISE IDAHO Pgs=2 LISA BATT 01/23/2017 01:18 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF WARRANTY SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Paramount Subdivision 27 Between Brighton Development, Inc. And CITY OF MERIDIAN The Warranty Surety Agreement, recorded as Instrument # 2015-008805, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Brighton 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 t City's consent to release of the warranty surety. d. -Jay Co es,City Clerk STATE OF IDAHO ) ss County of Ada �� 2b17 On this a day of before me, a Notary Public, personally appeared C. Jay Coles known or identified & me to be the City Cleric, 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. 0 , IdAtw 4 /,-- Notary Publicfo aho Residing at: Commission expires: Z_ City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org IDIAN.'._1,._ I D A 140 January 16, 2017 Mayor Tammy de Weerd City Council Members: Keith Bird Joe Borton Luke Cavener Genesis Milam Ty Palmer Anne Little Roberts Mr. David Turnbulll Brown Construction, Inc. Brighton Development, Inc. P.O. Box 495 12601 W. Explorer Drive, Suite 200 Nampa, ID 83653-0495 Boise, ID 83713 RE Paramount Subdivision No. 27 — Discharge from warranty responsibility and Satisfaction of Warranty Surety Agreement Dear Mr. Turnbull: 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 January 16, 2015 and recorded as Ada County Instrument No.2015-008805. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, 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