05-495 Exchange Parking Lot
CITY OF MERIDIAN
RESOLUTION NO.
tJ5-4tJ'3)
BY THE CITY COUNCIL: BIRD, DONNELL, ROUNTREE, WARDLE
A RESOLUTION DECLARING THE INTENT OF THE CITY OF
MERIDIAN TO OFFER FOR EXCHANGE CERTAIN REAL PROPERTY
LOCA TED AT 55 EAST BROADWAY A VENUE IN THE CITY OF MERIDIAN
AND LEGALLY DESCRIBED AS LOT 20 OF BLOCK 1 OF THE MERIDIAN
TOWNSITE; INSTRUCTING THE CITY CLERK TO ESTABLISH AND
NOTICE A HEARING TO REVIEW THE PROPOSED EXCHANGE; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, whenever the City Council proposes to exchange any real property,
Idaho Code Section 50-1402 requires a declaration of the City Council setting forth an
explanation ofthe intended exchange; and,
WHEREAS, when it is determined by the City Council to be in the City's best
interest that the property be offered for exchange, the City Council may, pursuant to the
procedure set forth in Idaho Code Section 50-1403, exchange any city-owned real
property for real property of equal value pursuant to terms which shall be a matter of
public record; and,
WHEREAS, the proposed transaction would exchange the city-owned Lot 20 for
the privately owned lot 22, and would result in the city-owned parking facility being
shifted to lots 21 and 22; 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 of the hearing; and,
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 offer for
exchange certain real property located at 55 East Broadway in the City of Meridian and
legally described as Lot 20, Block 1 of the Meridian Townsite for a lot of equal value, to
wit: Lot 22, Block 1 of the Meridian Townsite.
Resolution Declaring Intent to Exchange Real Property
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Section 2. 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
exchange the real property.
Section 3. That this Resolution shall be in full force and effect immediately upon
its adoption and approval.
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ADOPTED by the City Council of the City of Meridian, Idaho, this 6J
day of b.eUYvv-~ ,2005.
\. _ APPROVED by the Mayor of the City of Meridian, Idabo, this I;J t:: day of
IJ-eCen-.. ~ , 2005.
APPROVED:
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Resolution Declaring Intent to Exchange Real Property
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