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Memo RE: Surety2--0i3 (::�WE11\1D1AN,-- Community Development Department To From Re: Community Development Dept. Meridian City Hall, Suite 102 33 E. Broadway Avenue Meridian, Idaho 83642 MEMORANDUM October 10, 2013 Jaycee, Holman, City Clerk Bruce Freckleton, Development Services Manager Commercial Southwest Subdivision #2 — Performance Surety Amendment Jaycee, Attached is Amendment #1 to Irrevocable Standby Letter of Credit No. SLCSSEA04080 for Commercial Southwest Subdivision #2. It looks like the only change is the name and mailing address of the issuing bank. Please let me know if you should have any questions or concerns. Thank you, embank. SWIFT: USBKUS44 U.S. Bank National Association TELEX: Standby Letters of Credit: BC-MN-H2OG Phone: 866-359-2503 x5854 800 Nicollet Mall 612-303-7395 Minneapolis, Minnesota 55402 Fax : 612-303-5226 OCTOBER 7, 2013 LETTER OF CREDIT NUMBER: SLCSSEA04080 AMENDMENT NUMBER: 1 APPLICANT: BRIGHTON INVESTMENTS LLC FOR THE ACCT OF BRIGHTON DEVELOPMENT INC 12601 W. EXPLORER DRIVE, SUITE 200 BOISE, IDAHO 83713 BENEFICIARY: CITY OF MERIDIAN PLANNING DIVISION 33 E BROADWAY AVENUE MERIDIAN, ID 83642 ATTN BILL PARSONS Due to the consolidation of U.S. Bank National Association's Seattle Standby Letter of Credit processing site, the above -referenced letter of credit is amended as follows: 1. The name and address of the issuing bank is amended as follows: U.S. Bank National Association Standby Letters of Credit: BC-MN-H2OG 800 Nicollet Mall Minneapolis, Minnesota 55402 2. Drafts and communication with respect to this letter of credit must now be presented to: U.S. Bank National Association Standby Letters of Credit: BC-MN-H2OG 800 Nicollet Mall Minneapolis, Minnesota 55402 3. Please present all facsimile communication to our new fax number: (612) 303-5226 THIS AMENDMENT IS TO BE CONSIDERED AS PART OF THE ABOVE CREDIT AND MUST BE ATTACHED THERETO. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. U.S. BANK NATIONAL ASSOCIATION AUTH RIZED SIGNATURE TRANSFER FROM SEA TO MSP AMENDMENT.DOC usbank.com El IDIAN:-- I[�A�c� Community Development Department To: From: Re: Todd, Community Development Dept. Meridian City Hall, Suite 102 33 E. Broadway Avenue Meridian, Idaho 83642 MEMORANDUM October 2, 2013 Todd Lavoie, Accounting Manager Bruce Freckleton, Development Services Manager Commercial Southwest Subdivision #2 — Release of Performance Surety Attached is a copy of the City Engineer's final acceptance letter that officially signifies that the construction phase of the above named project is complete. At this time, I am requesting that you release the Performance Surety (copy attached) that was posted to guarantee the completion of the development features. Please let me know if you should have any questions or concerns, Thank you, Mayor Tammy de Weerd City Council Members: Keith Bird r� Brad Hoaglun EIDIANCharles Rountree David Zaremba August 22, 2013 Mr. David Turnbull Mr. Richard Brown Brighton Development, Inc. Brown Construction Inc. 12601 W. Explorer Drive, Suite 290 P.O. Box 495 Boise, Idaho 83713 Nampa Idaho 83653-0495 RE: Commercial Southwest Subdivision No. 2 — Final Acceptance Dear Mr. Turnbull: Installation of this project's sanitary sewer and/or domestic water systems has been satisfactorily completed in accordance with the approved plans. These systems have passed the required testing in accordance with City of Meridian Standard Specifications and Drawings, and therefore are hereby accepted by the City for ownership and normal maintenance. Record drawings submitted to us for this project are also accepted and are being forwarded to the Idaho Department of Environmental Quality. The engineer of record is responsible for certification of the record drawings as to horizontal and vertical location of all public water and sewer facilities installed. In accordance with the City of Meridian's Unified Development Code §11-5C-3, and the Public Works Department' Standard Specifications and Drawings, the installation and materials of the sewer and domestic water systems are to be warranted against defect by the owner for a period of two -years from the date of this letter. Sincerely, ✓rig-. ^__ �-2' _ Warren Stewart, P E City Engineer cc. City Clerk PW - Water Division PW - Wastewater Division PW - Construction Division File DEQ k ■ 0 . % : k a) § i a NL N. � : CL a CL a 2£ - ®- - ®- - - - - ®- - - - - ® - i ., 2 . Im 0 § m % § % � :a ■ - - ®- - - - - - - - - - - - ® - a a 4D § § § / f f f ? ? S © ^ ,#§,.# ' ) / % A k § / 2 ,¢ f ƒ v - - - ® - ® - - - _ _ .- - - - raB . : !f -) I k E 2 . I § ©$ � ° � � 8 = ■ k �.» # � ■ m J. Community E IDIAN y Development Dept. Meridian City Hall, Suite 102 (�V33 E. Broadway Avenue Community Development Meridian, Idaho 83642 Deportment MEMORANDUM April 22, 2013 To: Jaycee Holman Todd Lavoie From: Bruce Freckleton Re: Commercial Southwest #2 — Surety Jaycee and Todd, Attached is Irrevocable Standby Letter of Credit #SLCSSEA04080 in the amount of $103,422.83 which has been issued by US Bank on behalf of Brighton Investments, LLC for the account of Brighton Development Inc. Also attached is check #10530 issued by Brighton Development, Inc. in the amount of $9,225.11. The above instruments combined ($112,647.94) satisfy the required amount of surety for the required improvements in the Commercial Southwest #2 Subdivision. The ILOC is being delivered to Jaycee and the Check is being delivered to Todd. Thank you, and please don't hesitate to call me if you should have any questions. Bruce De!a. ��/!fC (I ��tG