Meridian Heights Asset Transfer and Dissolution - Bill of SaleBILL OF SALE
The Meridian Heights Water & Sewer District, a political subdivision of the State of
Idaho, does hereby irrevocably transfer and deliver to the City of Meridian, Idaho, an Idaho
municipal corporation, all, of its right, title and interest in the personal property described in
Exhibit A, attached hereto and incorporated by reference herein, in an "AS -IS" CONDITION,
without making any representations as to the quality or fitness of said property for any purpose
whatsoever.
The City of Meridian, Idaho, hereby accepts the above -referenced personal property in an
"AS -IS" CONDITION, after having examined said personal property and is relying upon its own
judgment as to the suitability of the personal property for its intended use. The City of Meridian
hereby agrees to indemnify and hold harmless the Meridian Heights Water & Sewer District
from any liability for any property damage or personal injury claim of any description arising out
of the use of said personal property.
MERIDIAN HEIGHTS WATER & SEWER DISTRICT,
An Idaho political subdivision
By; s� j--
ordon Hamilton
Its: Chairman
ATTE T:
P
Gina Harris, District'-
istrict` Clerk
CITY OF MERIDIAN, IDAHO,
An Idaho municipal corporation
Date: i
By: Date: 1 U/a U % I
Ta eWeerd
Its: Mayor
ATTEST:
acityof
I1�IAN�--
faycee ft, lman City Clerk
MA"o
SEAL,
t�'it TRE AS' Q
EXHIBIT A
Personal Property and Accounts
1. All personal property and equipment identified in the Valuations Northwest, Inc.
Appraisal Report dated May 3, 2013, previously provided to the City, except that certain
property sold as surplus by the District pursuant to Resolutions 14-1 and 14-7, attached hereto as
Exhibit A-1 and incorporated herein by reference.
2. All accounts receivable of the District existing as of the Closing Date.
3. Water Right Permit Nos. 63-12157 and 63-12251.
4. All rights, title or interest in any other accounts receivable or accounts payable to
the District existing as of the Closing Date, as defined in the Agreement for the Dissolution and
Transfer of Assets and Liabilities From the Meridian Heights Water & Sewer District to the City
of Meridian; Settlement Agreement and Release, effective October 4, 2013.