18-2121 Monument Sign City and CarmaxADA COUNTY RECORDER Christopher D. Rich 2018-119294
BOISE IDAHO Pgs=2 LISA BATT 12/19/2018 10:35 AM
CITY OF MERIDIAN, IDAHO NO FEE
When Recorded Return To. -
Office of the City Clerk
33 East Broadway Avenue
Meridian, ID 83642
MWEITNT FaRT–M ME%
I. Y THE CITY COUNCIL: BERNT, BORTON, CAVENER,
LITTLE ROBERTS, MILAM, PALMER
EFFECTIVE
WHEREAS, on March 1, 2016, the City of Meridian and CarMax Auto Superstores West
Coast, Inc. ("Grantor") entered into a Construction, Transfer, and Easement Agreement ("March 1,
2016 Agreement"), recorded in Ada County as Instrument no. 2016-17705, for the purpose of
constructing a "Welcome to Meridian" monument sign on Grantor's property at 4043 E. Elden Gray
Street, Meridian, Idaho, Ada County parcel no. 51 104438755, and legally described as PAR 48755
@ SW COR SW4SE4, SEC 4 3N IE, PAR 313 R/S 8394;
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
THE CITY OF MERIDIAN CITY, IDAIFIO: I
Section 1. That the City of Meridian hereby accepts delivery of the "Welcome to Meridian"
monument sign on Grantor's property at 4043 E. Elden Gray Street, Meridian, Idaho, Ada County
parcel no. S 1104438755, 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 Lr— day of December,
2018.
RESOLUTION ACCEPTING MONUMENT SIGN PAGE I OF I
APPROVED by the Mayor of the City of Meridian, Idaho, this Ir day of December, 2018.
APPR OVIRD!
ATTEST:
qtyy Cole`
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