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Meridian Heights Asset Transfer and Dissolution - Quitclaim Deed for Meridian HeightsQUITCLAIM DEED AND TRANSFER OF INTEREST IN REAL PROPERTY AND ACCEPTANCE PARTIES: Meridian Heights Water & Sewer Grantor 2589 S. Groom Way, Meridian, ID 83642 District P.O. Box 472, Meridian, ID 83642 City of Meridian Grantee 33 E. Broadway Ave., Meridian, ID 83642 This Quitclaim Deed and Transfer of Inter in Real Property and Acceptance, made effective as of theme® day of ' ' , ,®by and between MERIDIAN HEIGHTS WATER & SEWER DISTRICT, ("Grantor" or "District" herein), an Idaho political subdivision, whose physical address is 2589 S. Groom Way, Meridian, Idaho 83642, and the CITY OF MERIDIAN, ("Grantee" or "City" herein), a municipal corporation of the State of Idaho, whose address is 33 E. Broadway Ave., Meridian, Idaho 83642. SECTION I. ADA COUNTY RECORDER Christopher D. Rich 2015-09745 BOISE IDAHO Pgs=4 NIKOLA OLSON 10/21/2015 03:00 F RECITALS MERIDIAN CITY NO F IIIIIIIIII ill llllllllllllil 11 III11111111111111111 The Parties recite and declare: 00167967201600974980040043 1.1 The District is the holder of a Quitclaim Deed and Transfer of Interest in Real Property and Acceptance (the "Quitclaim Deed"), entered into on May 25, 2010, with the Meridian Heights Water & Sewer Association, Inc., a non-profit Idaho corporation, originally recorded in the records of Ada County, Idaho on May 25, 2010 as Instrument No.110048360, and re-recorded to correct legal description on May 27, 2010 as Instrument No. 110048954. Within said Quitclaim Deed, the District was conveyed and granted together with all and singular the tenements, hereditaments, and appurtenances thereunto, the following real estate situated in the County of Ada, State of Idaho: Lot 1 in Block 10 of MERIDIAN HEIGHTS SUBDIVISION No. 2, according to the official plat thereof, filed in Book 41 of Plats at Pages 3353 and 3354, record's of Ada County, Idaho. Except: A parcel of land situate in the Northeast quarter of Section 25, Township 3 North, Range 1 West, Boise Meridian, Ada County, Idaho, being a portion of Lot 1, Block 10 of MERIDIAN HEIGHTS No. 2 SUBDIVISION, as shown on the official plat thereof on file in the office of the Ada County, Idaho, Recorder, and being more particularly described as follows: Beginning at the Southwest corner of said Lot 1, which is the REAL POINT OF BEGINNING; thence North 79°29'04" East, 112.86 feet to the Northeasterly boundary of said Lot 1; thence South 07°46'38" East, 20.95 feet to the Southerly boundary of QUITCLAIM DEED AND ACCEPTANCE - 1 said Lot 1; thence North 89°55'10" West, 113.80 feet to the Southwest corner of said Lot 1 to the REAL POINT OF BEGINNING. 1.2 The District's interest derives from that certain Residential Lot Quitclaim Deed, entered into on October 19, 2001, between the Meridian Heights Water & Sewer Association, Inc., an Idaho non-profit corporation, and Charles Sale, an individual, and intended to continue forever and in perpetuity. 1.3 The City has the authority and the right to acquire either by purchase or other legal means, interests in real property necessary for the maintenance and improvement of the City's water and sewer systems for said p oses; and 1.4 The Board of Directors of the District and the City Council of the City have each determined that a quitclaim deed herein provided for to transfer the grant of easements is advisable and in the public interest and facilitates the intent of the parties for transferring the easements to the City. In consideration of the mutual covenants contained in this quitclaim deed, the parties agree and act as follows: SECTION II. QUITCLAIM DEED GRANT AND CONVEYANCE OF INTEREST IN REAL PROPERTY FOR DISTRICT MAINTENANCE PURPOSES 2.1 The District does hereby grant, convey and release and quitclaim all right, title and interest, to the above mentioned real estate, including any and all rents, issues, and profits thereof, which the District now has or may hereafter acquire unto the City, and or its assigns as hereinafter provided for, from the effective date hereof. SECTION III. ACCEPTANCE OF GRANT AND CONVEYANCE FOR DISTRICT MAINTENANCE PURPOSES 3.1 The City does hereby accept this conveyance of the Real Property herein provided for. IN WITN S WHEREOF, this Quitclaim Deed and Acceptance has been executed on the (& day of j1,'(h)� ,` L , 2014 with the intent that it shall be recorded in the office of the recorder of the County of Ada, State of Idaho. MERIDIAN HEIGHTS WATER & SEWER DISTRICT, an Idaho political subdivision Hamilton, Chairman QUITCLAIM DEED AND ACCEPTANCE - 2 ATTEST: Gina Harris, District Cleric ATTEST: ka i Tum Jones, City L CITY OF MERIDIAN, an Idaho municipal corporation Tammy ay De e rt-1111�— do 0c, QUITCLAIM DEED AND ACCEPTANCE - 3 STATE OF IDAHO ) ss. County of Ada ) On this � day of 'f: �'�Ii ,tc f i in the year of 2014, before me, a notary public, personally appeared Gordon Hamilton, known or identified to me to be Chairman of the Meridian Heights Water & Sewer District that executed this Quitclaim Deed and Acceptance, and acknowledged to me that such District executed the same. DATED this ,day of a�- 1',`f.nl v r- , 2014. (SEAL) GINA M NOTARY PUBLIC STATE OF IDAHO V V W? v], STATE OF IDAHO . ss. County of Ada Not6y Public for Idaho Residing My Commission Expires: On this day of in the year of , before me, a notary public, personally appeared Tammy DeWeerd, known or identified to me to be the Mayor of the City of Meridian, Ada County, State of Idaho, that executed this Quitclaim Deed and Acceptance, and acknowledged to me that such City executed the same. i DATED this 'Q® day of 0C V' . (SEAL) •®r•••®® •ia ors QUITCLAIM DEED AND ACCEPTANCE - 4 Notary Public for Idaho Residing At: My Commission Expires: c !i .