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HomeMy WebLinkAboutURA RES 2005-01RESOLUTION NO. 2005-1 BY THE BOARD OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO, APPROVING THE PURCHASE OF 15.88 ACRES FROM THE ALDON AND JACQUELYN HARSHMAN FAMILY TRUST AND AUTHORIZING ITS CHAIRMAN TO EXECUTE CLOSING DOCUMENTS AND DISPURSE FUNDS FOR THE PURCHASE OF SAID PROPERTY; PROVIDING FOR AN EFFECTIVE DATE OF THIS RESOLUTION; AND PROVIDING FOR OTHER MATTERS PROPERLY RELATING THERETO. URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO WHEREAS, the Urban Renewal Agency of the City of Caldwell, Idaho, (herein referred to as the "Agency"), an independent public body corporate and politic, is an urban renewal agency created by and existing under the authority of and pursuant to the Idaho Urban Renewal Law of 1965, being Title 50, Chapter 20, Idaho Code as amended and supplemented, and possessing revenue allocation financing powers under Title 50, Chapter 29, Idaho Code, as amended and supplemented (collectively, the "Law"); and WHEREAS, the Agency is authorized to conduct proceedings and to purchase property pursuant to the terms and provisions of the Law, for the purposes set forth in the Agency's PLAN to undertake any urban renewal project under the Law; and WHEREAS, the City Council of the City of Caldwell, Idaho (the "City"), after notice duly published, conducted a public hearing on December 21, 1998, on the Urban Renewal Plan for the Caldwell East Urban Renewal Project (the "Urban Renewal Plan"); and WHEREAS, following said public hearing, the City Council adopted its Ordinance No. 2260 on December 21, 1998, approving the Urban Renewal Plan as amended, and making certain findings; and WHEREAS, the Agency now desires to acquire land for public purposes; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO, TO ACQUIRE THE PROPERTY DESCRIBED HEREIN IN ACCORDANCE WITH THE TERMS AND CONDITIONS SETFORTH IN THE PURCHASE AND SALE AGREEMENT DATED JANUARY_, 2005. PfySSED by Urban Renewal Agency of the City of Caldwell, Idaho, on a'r , 2005. Signed by the Chairman of the Boayd of Commi sioners, and attested by the Secretary to the Board of Commissioners, on Vaoeortj2005. URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO Chairm� of Commissioners •*'6 �^ F n 4A,L