05-481 MDC Real Property
CITY OF MERIDIAN
RESOLUTION NO. _C15 ~ 42> ,
BY THE CITY COUNCIL:
BIRD, DONNELL, ROUNTREE, WARDLE
A RESOLUTION DECLARING THE INTENT OF THE CITY OF
MERIDIAN TO CONVYEY TO THE MERIDIAN DEVELOPMENT
CORPORATION CERTAIN REAL PROPERTY LOCATED AT 55 EAST
BROADWAY AVENUE IN THE CITY OF MERIDIAN AND LEGALLY
DESCRIBED AS LOTS 20 AND 21 OF BLOCK 1 OF THE MERIDIAN
TOWNSITE; INSTRUCTING THE CITY CLERK TO ESTABLISH AND
NOTICE A HEARING TO REVIEW THE PROPOSED CONVEYANCE; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, whenever the City Council proposes to convey any real property,
Idaho Code Section 50-1402 requires a declaration of the City Council setting forth the
value or minimum price, if any, it intends to receive as a result of such conveyance or
exchange; and,
WHEREAS, the declaration may be in the form of an explanation of an intended
exchange or conveyance for other than monetary consideration; and,
WHEREAS, when it is determined by the City Council to be in the City's best
interest that a transfer or conveyance be made, the City Council may, pursuant to the
procedure set forth in Idaho Code Section 50-1403, authorize the transfer or conveyance
of any real property owned by the City to any tax supported governmental unit, with or
without consideration; and,
WHEREAS, the Meridian Development Corporation, an Idaho urban renewal
agency, has requested that the City Council ofthe City of Meridian set a hearing to
consider the transfer of certain real property from the City to the Meridian Development
Corporation; and,
WHEREAS, following the declaration of intent, the City Clerk shall publish a
summary of the action taken by the city council and provide notice of a public hearing
before the City Council at least fourteen (14) days prior to the date ofthe hearing; and,
Resolution Declaring Intent to Convey Real Property
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NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY
COUNCIL OF THE CITY OF MERIDIAN CITY, IDAHO:
Section 1. That it is hereby declared that the City of Meridian intends to convey
to the Meridian Development Corporation certain real property located at 55 East
Broadway in the City of Meridian and legally described as Lots 20 and 21, Block 1 of the
Meridian Townsite.
Section 2. That the City of Meridian hereby declares its intention to convey the
real property without consideration because it is in the City's best interest that the
Meridian Development Corporation take over ownership and management of the real
property in furtherance of the goals of the Meridian's urban renewal agency.
Section 3. That the City Clerk is hereby instructed to publish a summary of this
declaration if intent and establish a public hearing date to review the proposal to convey
the real property.
Section 4. That the City Attorney is hereby instructed to bring forth a proposed
Ordinance as required by Idaho Code 50-1403 for the consideration of the City Council at
the conclusion of the public hearing.
Section 5. 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 --.:J, \1.... ,2005.
APP[OVED by the Mayor of the City of Meridian, Idaho, this --2.lrl!:.- day of
J\' 'õ ,2005.
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