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BEFORE THE MERIDIAN CITY COUNCIL
LAND EXCHANGE BETWEEN TIlE )
CITY OF MERIDIAN AND FARMERS & )
MERCHANTS STATE BANK )
)
)
SUMMARY OF ACTION TAKEN BY
MERIDIAN CITY COUNCIL
On the
day of
. 2002, the Meridian City Council, in
open session, approved an Exchange Agreement between the City of Meridian and Farmers &
Merchants State Bank, whereby the City would transfer the old Meridian Road fire station
property valued at $260,000.00 to Farmers & Merchants State Bank in exchange for three (3)
parcels of property immediately adjacent to the current police department facility at 20 I East
Idaho, Meridian, Idaho 83642, together with an additional sum of$17,260.00, for a total value of
$260,000.00.
The fire station property has an address of716 North Meridian Road, Meridian, Idaho,
and is more particularly described as follows:
Lots 1 through 5 in Block 2 ofthe amended plat of the Original Townsite of Meridian, as
shown on the official plat thereof filed in Book 1 of Plats at Page 30, Records of Ada
County, Idaho.
The three parcels of property to be exchanged have addresses of 237 E. Idaho Avenue,
231 E. Idaho Avenue, 223 E. Idaho Avenue, Meridian, Idaho, and are more particularly
described as follows:
Lots 1,2,3,4 and 5, Block 2 of the amended plat of Rowan Addition to Meridian, Ada
County, Idaho
The value of the three parcels is $242,740.00,
Summary of Action taken by City Council
Page 1
The exchange will not be final unless, and until, approved by the City Council after a
public hearing regarding the proposed exchange, which hearing shall be held at
p.m., on Tuesday,
. 2002, at the Meridian City Hall, 33 East
Idaho Avenue, Meridian, Idaho.
By action of the City Council at its regular meeting held on the
,2002.
day of
ROLLCALL:
COUNCILMAN BIRD
VOTED
COUNCILWOMAN deWEERD
VOTED
COINCIL WOMAN McCANDLESS
VOTED
COUNCILMAN NARY
VOTED
MAYOR ROBERT D. CORRIE
(Tie Breaker)
VOTED
Copy served upon Farmers & Merchants State Bank, Planning and Zoning, Public Works and the
attorney office,
BY:
City Clerk
DATED:
Z:\Work.\M\Meridian\Meridian lS360M\Fanners & Merchants Excbange\SummaryActionofCounciIRevised090402.doc
Summary of Action taken by City Council
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