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Z - Warranty Discharge and Satisfaction of Development Surety Letter - Vicenza Estates Subdivision No. 4Mayor Tammy de Weerd City Council Members: Joe Borton Ty Palmer Treg Bernt Genesis Milam Luke Cavener Anne Little Roberts ◼ ◼◼ November 14, 2021 Mr. Mike McCollum, Manager Cottonwood Development, LLC. 398 Copper Ridge Meridian, ID 83705 Titanium Excavation, LLC. 812 Laurel Street Caldwell, ID 83605 RE: Vicenza Estates Subdivision No. 4 – Discharge from Warranty responsibility and Satisfaction of Development Surety Agreement Dear Mr. Mike McCollum: 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 project’s 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, 2019 and recorded as Ada County Instrument No. 2019-091966. 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