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02-396 Farmers & Merch Property Exchange RESOLUTION NO t!J.2 -19 b BY: ~/íA /}¡'r¿ú A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MERIDIAN, IDAHO, SETTING FORTH CERTAIN FINDINGS AND PURPOSES AUTHORIZING THE EXCHANGE OF SURPLUS PROPERTY; AUTHORIZING THE MAYOR OF THE CITY OF MERIDIAN TO EXCHANGE THE FORMER FIRE STATION LOCATED AT 716 NORTH MERIDIAN ROAD FOR OTHER PROPERTY PURSUANT TO IDAHO CODE SECTION 50-1405; BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF MERIDIAN, IDAHO: WHEREAS, the City of Meridian. owns property valued at $260,000.00, which is the old Meridian Fire Department station located at 716 North Meridian Road, and Farmers & Merchants State Bank owns property valued at $242,740.00 before removal of the structures thereon, which property is located at 237 E. Idaho Avenue, 231 E. Idaho Avenue, and 223 E. Idaho Avenue, and consists of Lots 1,2,3,4 and 5, Block 2 oftl1e amended plat of Rowan Addition to Meridian; and WHEREAS, the City of Meridian has agreed to exchange its property for property owned by Farmers & Merchants State Bank; and WHEREAS, it is in the best interests of the City of Meridian to exchange the old Meridian Fire Department station located at 716 North Meridian Road as surplus property, due to the fact that this particular piece of property is no longer needed or used by the Meridian Fire Department. Additionally, the cost and expense to the City of Meridian for maintaining the property exceeds its value to tl1e City of Meridian. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL. as follows: I. The Mayor and City Council hereby authorize and declare that the old Meridian Fire Department station located at 716 North Meridian Road is surplus property. 2. The Mayor and City Council hereby autl1orize the exchange of the old Meridian Fire Department station property located at 716 North Meridian Road, valued at $260,000.00, for the Farmers & Merchants State Bank property located at 237 E. Idaho Avenue, 231 E. Idaho Avenue, and 223 E. Idaho Avenue, that consists of Lots 1,2,3,4 and 5, Block 2 of the amended plat of Rowan Addition to Meridian, valued at $242,740.00, before the removal of the structures thereon. Prior to effecting the exchange, Farmers & Merchants State Bank, at its own expense, RESOLUTION AUTHORIZING EXCHANGE OF PROPERTY WITH FARMERS AND MERCHANTS STATE BANK shall remove the structures on their parcels, remove the building foundations, and provide fill, and will grade the sites. 3. The Mayor is authorized to sign, and the City Clerk to attest, any and all documents necessary to effect the exchange authorized by this resolution, and the Exchange Agreement. 26l~::~~ Bì7::e~~IL O~ =. CITY OF MERIDIAN, IDAHO, this 26fi-APPROVED BY THE MAYOR OF THE CITY OF MERIDIAN, IDAHO, this --=- day of Nt7vu7'¥ 64'L... , 2002. ~> ATTEST: RESOLUTION AUTHORIZING EXCHANGE OF PROPERTY WIlli FARMERS AND MERCHANTS STATE BANK 2 CERTIFICATE OF CLERK OF THE CITY OF MERIDIAN I, the undersigned, do hereby certify: 1. That I am the duly appointed and elected Clerk of the City of Meridian, a du1y incorporated City operating under the laws of the State ofIdaho, with its principal office at 33 East Idaho, Meridian, Idaho. 2. That as the City Clerk of this City, ffi the cu~odian of its records and minutes and do hereby certify that on the ~ day of pl/e~ , 2002, the following action has been taken and authorized. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MERIDIAN, IDAHO, SETTING FORTH CERTAIN FINDINGS AND PURPOSES AUTHORIZING THE EXCHANGE OF SURPLUS PROPERTY; AUTHORIZING THE MAYOR OF THE CITY OF MERIDIAN TO EXCHANGE THE FORMER FIRE STATION LOCATED AT 716 NORTH MERIDIAN ROAD FOR OTHER PROPERTY PURSUANT TO IDAHO CODE SECTION 50-1405; BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF MERIDIAN, IDAHO: WHEREAS, the City of Meridian owns property valued at $260,000.00, which is the old Meridian Fire Department station located at 716 North Meridian Road, and Farmers & Merchants State Bank owns property valued at $242,740.00 before removal of the structures thereon, which property is located at 237 E. Idaho Avenue, 231 E. Idaho Avenue, and 223 E. Idaho Avenue, and consists of Lots 1,2,3,4 and 5, Block 2 of the amended plat of Rowan Addition to Meridian; and WHEREAS, the City of Meridian has agreed to exchange its property for property owned by Farmers & Merchants State Bank; and WHEREAS, it is in the best interests of the City of Meridian to exchange the old Meridian Fire Department station located at 716 North Meridian Road as surplus property, due to the fact that this particular piece of property is no longer needed or used by the Meridian Fire Department. Additionally, the cost and expense to the City of Meridian for maintaining the property exceeds its value to the City of Meridian. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL. as follows: CERTIFICATE OF CLERK - EXCHANGE OF SURPLUS PROPERTY PAGE 1 OF 2 1. The Mayor and City Council hereby authorize and declare that the old Meridian Fire Department station located at 716 North Meridian Road is surplus property. 2. The Mayor and City Council hereby authorize the exchange of the old Meridian Fire Department station property located at 716 North Meridian Road, valued at $260,000.00, for the Farmers & Merchants State Bank property located at 237 E. Idaho Avenue, 231 E. Idaho Avenue, and 223 E. Idaho Avenue, that consists of Lots 1,2,3,4 and 5, Block 2 of the amended plat of Rowan Addition to Meridian, valued at $242,740.00, before the removal of the structures thereon. Prior to effecting the exchange, Farmers & Merchants State Bank, at its own expense, shall remove the structures on their parcels, remove the building foundations, and provide fill, and will grade the sites. 3. The Mayor is authorized to sign, and the City Clerk to attest, any and all documents necessary to effect the exchange authorized by this resolution, and the EJfiçAA¡¡~e Ag ",,\I' 1111 reement. ,\\'... Of MEJ:¡ll' ///1 ,\\ :\" VI. I"~ :il c} r..p\'\Pol!,. l'. ~ ...,~ .f ~ ~ \ .JIde<~~ William G. Berg, Jr. ) : ss: County of Ada. ) On this '2..~~ daçof ¡J DV ~\ruv , 2002, before me, ~, fVLL~ , a Notary Public, appeared WILLIAM G. BERG. JR., known or identified to me, respectively, to be the City Clerk of the City of Meridian, Idaho, that executed the said instrument, and acknowledged to me that he executed the same on behalf of the City of Meridian. STATE OF IDAHO, (SEAL) ~....NŠ... ..'WÕ'r¡;¡¡~.. :,..l(~~ :.r,"P-. '-""1 \ : : \ ! : . . . J . .\" ~. ...~~~~... ....~.... 2 h t{J\ßl S rY'v~ -K,-, Notary Public for Idaho .. . hlw ~~~~~:~n EXP~: (i~fg ~~"Ó Z:IWorkIMIMeri<tianIMeridian 15360MIResolutions city Hall\2002ICERTofCLKExchangeolSurplusPropertyRevisedO90402.doc CERTIFICATE OF CLERK - EXCHANGE OF SURPLUS PROPERTY PAGE 2 OF 2