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Seyam SubdivisionADA COUNTY RECORDER Christopher D. Rich 2018-008061 BOISE IDAHO Pgs=2 LISA BATT 01/26/2018 04:17 PM CITY OF MERIDIAN, IDAHO NO FEE NOTICE SATISFACTION OF DEVELOPMENT SURETY AGREEMENT and RELEASE OF WARRANTY SURETY For The Development Known As: Seyam Subdivision Between Volante Investments, LLLP & DeMeyer Properties, LLC And CITY OF MERIDIAN The Development Surety Agreement, recorded as Instrument # 2014-105211, entered by and between the City of Meridian ("City"), a Municipal Corporation, and Volante Investments, LLLP and DeMeyer 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 V - Jay C STATE OF IDAHO ) : ss completion of all the required Public release of the warranty surety. County of Ada ) On this day of 2018, before me, a Notary Public, personally appeared C. Jay Coles known or identified o 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. •' • Notary Public f Idaho Residing at: Commission expires:Aq`Q ,Qoa`3- •••'�OF ......•City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642 Phone 208-888-4433 • Fax 208-887-4813 • www.meridiancity.org E I I - 3"1 ANO" v 0 j�U January 15, 2018 Mayor Tammy de Weerd City Council Members: Joe Borton Genesis Milam Ty Palmer Luke Cavener Treg Bernt Anne Little Roberts Mr. Ronald W. Van Auker Alta Construction Ronald W. Van Aucker, Inc. 619 N. Cloverdale Rd. 3084 E. Lanark Street Boise, ID 83706 Meridian, ID 83642 RE Seyam Subdivision — Discharge from warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. Van Auker: 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, 105211. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincer ly, 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