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Release of CreditADA COUNTY RECORDER Christopher D. Rich 2017-111832 BOISE IDAHO Pgs=2 LISA BATT 11/21/2017 04:40 PM CITY OF MERIDIAN, IDAHO NO FEE SATISFACTION OF WARRANTY SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Archer Farms Subdivision Between Archer Farm Properties, LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2015-1114239, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Archer Farm Properties, LLC ("Developer"), has been satisfied in accordance with the City's requirements. Attached hereto is the City Engineer's letter c Improvements set forth in the Agreement and STATE OF IDAHO ) M County of Ada of all the required Public Tease of the wwAfity surety. On this 11 day of NOVer)Vber, 2017, 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. .$olives, A h Notary Public for Id 7-1\ o A,�i,,,y Residing at: 7n 6 /1 J." Commission expires: OF City of Meridian - 33 E. Broadway Avenue Meridian, ID 83642 19., 9"464219666 Phone 208-888-4433 - Fax 208-887-4813 ® www.meridiancity.org Mayor Tammy de Weerd City Council Members: v Keith Bird Joe Borton ELAN*­-� Luke Cavener Genesis Milam c I DAHO Ty Palmer Anne Little Roberts November 16, 2017 Mr. E. Don Hubble Knife River'— Southern Idaho Division Archer Farm Properties, LLC 5450 W. Gowen Road 701 S. Allen Street Boise, ID 83709 Meridian, ID 83642 RE Archer Farm Subdivision — Discharge from warranty responsibility and Satisfaction of Warranty Surety Agreement W-7 M 3 1 EW.M TAM 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 December 8, 2015 and recorded as Ada County Instrument No. 2015- 1114239. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sinc/elre, 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 208-898-9651 - www.merldiancity.org