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Satisfaction of Development Surety Agreement and Release of Warranty SuretyADA COUNTY RECORDER Christopher D. Rich 2017-007539 BOISE IDAHO Pgs=2 BONNIE OBERBILLIG 01/25/2017 03:50 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Southern Highlands Subdivision No. 1 Between Sky Mesa Development, Inc. And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2014-095959, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Sky Mesa 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 quired Public Improvements set forth in the Agreement and t C' 's onsent t�relea ofthe warranty surety. C. Jay les,City Clerk STATE OF IDAHO ) ss County of Ada ) D&7 On this �?15— day of �JA 1A Lry , 2946, before me, a Notary Public, personally appeared C. Jay Coles known or identified fo in 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. •,ago* MA '000 .aEAL) 1V�� �'�C►•� Notary Public fo daho tl rl Residing at: Commission expires: 5? - �� l ;�Cf City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org .w E D T" C�Vi IAN,."W DAH 0 January 15, 2017 Mr. James Hunter Sky Mesa Development, Inc. 1025 S. Bridgeway Place, Suite 290 Eagle, ID 83616 Mayor Tammy de Weerd City Council Members: Keith Bird Joe Borton Luke Cavener Genesis Milam Ty Palmer Anne Little Roberts Dahle Construction 4301 Garrity Blvd., Suite 201 Nampa, ID 83687 RE Southern Highlands Subdivision No. 1 (Including Off -Site Water and Sewer Construction Plans Dated 5/5/14 and 6/10/14) — Discharge from warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. Hunter: 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 November 19, 2014 and recorded as Ada County Instrument No. 2014- 095959. 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