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Warranty Discharge and Satisfaction of Development Surety Letter-Paramount VerandaE RsI D IAN)- May 31', 2019 Mr. J. Thomas Ahlquist, Manager Veranda At Paramount, LLC 101 S. Capitol Boulevard, Suite 1700 Boise, ID 83702 Mayor Tammy de Weerd City Council Members: Joe Borton Genesis Milam Ty Palmer Luke Cavener Treg Bernt Anne Little Roberts Northwestern Construction, Inc. 7664 Lapine Road Nampa, ID 83686 RE Paramount Veranda Subdivision — Discharge from warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. J. Thomas Ahlquist: 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 September 26'", 2016 and recorded as Ada County Instrument No. 2016- 092901. The City will record a notice of satisfaction of the recorded Instrument and release of Warranty Surety. Sincerely, �L — vb 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