Satisfaction of Development Surety Agreement and Release of Warranty SuretyADA COUNTY RECORDER Christopher D. Rich 2017-006854
BOISE IDAHO Pgs=2 VICTORIA BAILEY 01/23/2017 02:09 PM
CITY OF MERIDIAN, IDAHO NO FEE
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Golden Valley Subdivision
Between
GV Properties, LLC
And
CITY OF MERIDIAN
The Development Surety Agreement, recorded as Instrument # 2014-105210, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and GV Properties, 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 t e Cit7'scnsent to release of e warranty surety.
1_1,�
Jay les,City Clerk
STATE OF IDAHO
ss
County of Ada ) �1
On this day of �j27, before me, a Notary Public,
personally appeared C. Jay Coles known or identified tome 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.
k6l_��L.- I,�.
Notary Public f 4daho qq _
Residing at: ,,� R
Commission expires: —1
City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org
C E IDIAN"��
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January 15, 2017
Mayor Tammy de Weerd
City Council Members:
Keith Bird Joe Borton
Luke Cavener Genesis Milam
Ty Palmer Anne Little Roberts
Mr. E. Don Hubble McMaster Construction & Development
GV Properties, LLC 16166 N. 20th Street
701 S. Allen Street, Suite 104 Nampa, ID 83687
Meridian, ID 83642
RE Golden Valley Subdivision — Discharge from warranty responsibility and Satisfaction of
Development Surety Agreement
Dear Mr. Hubble:
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 Development Surety
Agreement dated December 23, 2014 and recorded as Ada County Instrument No.2014-
105210. 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