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18-2120 Monument Sign City and Chinden and Linder CrossingADA COUNTY RECORDER Christopher D. Rich 2018-119295 BOISE IDAHO Pgs=2 VICTORIA BAILEY 12/19/2018 10:36 AM CITY OF MERIDIAN, IDAHO NO FEE When Recorded Return To: Office of the City Clerk 33 East Broadway A mnue Meridian, ID 83642 CITY OF MERIDIAN RESOLUTION NO. 18-2120 I. THE CITY COUNCIL: BERNT, BORTON, CAVENEP,, LITTLE ROBERTS, MILAM, PALMER A RESOLUTION OF THE MAYOR AND THE CITY COUNCIL OF THE CITY OF MERIDIAN SIGNIFYING ACCEPTANCE OF MONUMENT SIGN, AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on March 1, 2016, the City of Meridian and Chinden & Linder Crossing, LLC ("Grantor") entered into a Construction, Transfer, and Easement Agreement ("March 1, 2016 Agreement"), recorded in Ada County as Instrument no. 2016-017704, for the purpose of constructing a "Welcome to Meridian" monument sign on Grantor's property at 1617 W. Island Green Drive, Meridian, Idaho, Ada County parcel no. 81392120040, Lot 01 Blk 02, Chinden & Linder Crossing Sub; WHEREAS, the March 1, 2016 Agreement states that following construction of the monument sign, final inspection by City, and City's receipt of waivers of lien from Grantor's subcontractors and suppliers, City shall adopt a resolution indicating acceptance of ownership and ongoing responsibility for maintenance of the monument sign as constructed and installed; WHEREAS, the monument sign has been constructed, the City is assured that there are no outstanding liens on the monument sign, and upon inspection, the City finds that the monument sign, as constructed, complies in all respects with the specifications agreed upon by the parties in the March 1, 2016 Agreement; NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF MERIDIAN CITY, IDAHO: Section 1. That the City of Meridian hereby accepts delivery of the "Welcome to Meridian" monument sign on Grantor's property at 1617 W. Island Green Drive, Meridian, Idaho, as installed by Grantor, and by this instrument the City conveys its acceptance of ownership and ongoing maintenance thereof. Section 2. That this Resolution shall be in full force and effect immediately upon its adoption and approval. ADOPTED by the City Council of the City of Meridian, Idaho, this day of December, Im RESOLUTION ACCEPTING MONUMENT SIGN Meridian City Council Meeting Agenda December 18, 2018 — Page 174 of 702 PAGE I OF I AY) APPROVED by the Mayor of the City of Meridian, Idaho, this I .' day of December, 2018. RESOLUTION ACCEPTING MONUMENT SIGN PAGE 2 OF I