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HomeMy WebLinkAboutURA RES 2018-09 RESOLUTION NO. 1 BE IT HEREBY RESOLVED by the Chairman and Members of the Urban Renewal Agency of the City of Caldwell, Idaho,that the Chairman of said commission is hereby authorized to sign the two (2) Warranty Deeds providing new legal descriptions for the proposed lot split of this Urban Renewal Agency parcel located on the west side of KCID Road and immediately south of proposed Skyway Drive alignment. PASSED BY THE COMMISSION of the Urban Renewal Agency of the City of Caldwell, Idaho,this 12th day of March, 2018. APPROVED BY THE COMMISSION of the Urban Renewal Agency of the City of Caldwell, Idaho,this 12th day of March, 2018. Appr vie Attest: Ch ' City Cl `®,®�werr®ete®ee,�i Rr w Ir CJ w ,s (� Memorandum To: Chairman Hopper and Members of the Urban Renewal Agency of the City of Caldwell Commission From: Robb MacDonald, P.E., City Engineer Re: Urban Renewal Agency Lot Split Date: March 8th, 2018 The Urban Renewal Agency of the City of Caldwell Idaho is in possession of 53 acres (plus or minus) on the west side of KCID Road and immediately south of Skyway Drive. For a potential property buyer of this site, eligibility of the New Market Tax Credit is critical for a sustainable project but not achievable in this property's current condition. To be eligible for the New Market Tax Credit,the site must reside completely within the Hub Zone. This URA property in question is split along the alignment of the existing 400 lateral (the south portion is in the Hub Zone while the north portion is not), and therefore, not eligible without splitting the lot along the Hub Zone boundary. This would enable the new south lot, proposed to be built on, to be eligible for the Tax Credit. Request: Authorize the Chairman Hopper to sign the two (2) Warranty Deeds providing new legal descriptions for the proposed lot split of this Urban Renewal Agency parcel located on the west side of KCID Road and immediately south of proposed Skyway Drive alignment. 2018-010301 RECORDED 03/13/2018 11:44 AM II IIII I II I�I II IIIOII�III IIIIII I I I�II� I�II I I 00356537201800103010050055 CHRIS YAMAMOTO CANYON COUNTY RECORDER Pgs=5 MBROWN NO FEE DEED CITY OF CALDWELL CORPORATE WARRANTY DEED FOR VALUE RECEIVED, Urban Renewal Agency of the City of Caldwell,Idaho a corporation duly organized and existing under the laws of the State of Idaho, GRANTOR, does hereby Grant,Bargain, Sell, and Convey unto: Urban Renewal Agency of the City of Caldwell,Idaho GRANTEE,whose address is 411 Blaine St,Caldwell,ID 83605,the following described tract(s) of landreal estate,to-wit: See Exhibit"A" describing Parcel"B", comprised of two (2)pages,attached hereto and made a part hereof TO HAVE AND TO HOLD the said premises,with its appurtenances unto the said Grantee, its heirs, and assigns forever. And the said Grantor does hereby covenant to and with said Grantee, that Grantor is the owner in fee simple of said premises; that said premises is free from all encumbrances except as set forth heretofore, and that Grantor will warrant and defend the same from all lawful claims whatsoever. IN WITNESS WHEREOF, the Grantor, pursuant to a resolution of its Board of Directors, has caused its corporate name to be hereunto subscribed by its officers this Z- l day of (�Q_6 A.D.2018 [Signature Page Follows] os$- I$ U.� 12c--s 2c�►$—b�3 Urban RenewaMeney of the City of Caldwell Idaho t1 By: �� = Title: STATE OF ) ss. County of ) On this I 2- day of (\nQ,I\Ch , in the year 2018, before me the undersigned, a %Notary Public in and for said State personally'appeared, k'� ( , known or identified to me to be the (` _ v,,N—,oj-) of the corporation that executed the foregoing instrument, or the person who executed the instrument on behalf of said corporation, and acknowledged to me that such corporation executed the same. Notary Public K, CIE-- L_-Fji Residing at N 6, � . My Commission Expires Q- O a 111 i }; �, g.,i�rl j n er Thomas f Wellard,PLS Land Survey Rodney Clark,PE Precision Land Surveyors,RC. 21851 Upper Pleasant Ridge Rd. Caldwell,Idaho 83607 (208)454-0933 Y V W W.SKI NNE R L A ND S U R V E Y.C O M surveys @skirtnerlartdsurvey.cosn September 24,2017 Legal Description for Urban Renewal Agency of the City of Caldwell Job No.FE3418 Parcel B This parcel is a portion of the NE 1/4 SE 1/and the SE 1/4 SE 1/of Section 25 in Township 4 North, Range 3 West of the Boise Meridian,Canyon County,Idaho and is more particularly described as follows: COMMENCING at the Northeast corner of the NE 1/SE 1/4,(E 1/4 Corner,Section 25), a found 5/8 inch diameter rebar; thence South 00°36'42"West along the East boundary of the NE 1/4 SE 1/4 a distance of 1325.12 feet to the Southeast corner of the NE 1/4 SE 1/,a found 5/8 inch diameter rebar; thence South 00°36'42"West along the East boundary of the SE 1/4 SE 1/4 a distance of 543.56 feet; thence South 89°36'53"West a distance of 40.01 feet to the TRUE POINT OF BE,GINNING,a 5/8 x 30 inch rebar set with a plastic cap stamped P.L.S. 15352; thence South 89°36'53"West,parallel with the South boundary of the SE 1/4 SE 1/,a distance of 780.89 feet to a point on the Northeasterly boundary of the Parcel described in Warranty Deed Instrument Number 200506192,a 5/8 x 30 inch rebar set with a plastic cap stamped P.L.S. 15352; thence North 38° 14'28"West along said boundary a distance of 162.64 feet to a 5/8 x 30 inch rebar set with a plastic cap stamped P.L.S. 15352; thence South 00°3 8'05"West,parallel with the West boundary of the SE l4 SE 1/4 and along the West boundary of the Parcel as described in Warranty Deed Instrument Number 200506192,a distance of 128.43 feet to a found 5/8 inch diameter rebar,the Northeast Corner of the Parcel described in Warranty Deed Instrument Number 2016013538; thence South 89°36'53"West,parallel with the South boundary of the SE 1/4 SE 1/4 and along the North boundary of the Parcel described in Warranty Deed Instrument 2016013538 a distance of 400.00 feet to a point on the West boundary of the SE 1/4 SE 1/4,a 5/8 x 3 0 inch rebar set with a plastic cap stamped P.L.S. 15352; thence North 00°38'05"East along said West boundary a distance of 543.69 feet to the Northwest corner of the SE 1/4 SE 1/4,a 5/8 x 30 inch rebar set with an aluminum cap stamped P.L.S. 15352; Page 1 of 2 inner Thomas J. Wellard,PLS Survey Rodney Clark,PE Precision Land Surveyors,A 21851 Upper Pleasant Ridge Rd Caldwell,Idaho 83607 (208)454-0933 WWW SKINNERLANDSURYEY.COM surveys@skinnerlandsurvey.coin Urban Renewal Agency of the City of Caldwell Legal Description Parcel B,Page 2 of 2 thence North 00°39'34"East along the West boundary of the NE 1/4 NE 1/4 a distance of 1289.70 feet; thence North 89°36'05"East,parallel with the North boundary of the NE 1/4 SE 1/4, a distance of 11.71 feet; thence Southeasterly 94.96 feet along the arc of a curve to the left having a radius of 112.50 feet and a central angle of 48°21'39"and along chord which bears South 29°05'21"East a distance of 92.16 feet; thence South 53° 16' 11"East a distance 54.59 feet; thence South 60°40'55"East a distance of 1345.37 feet; thence South 00°36'42"West,parallel with the East boundary of the SE 1/4 a distance of 1052.83 feet to the TRUE POINT OF BEGINNING,containing 41.548 acres more or less,and is subject to any and all casements and rights-of-way of record or implied. �13 o P4 1 352 0 0 or Page 2 of 2 o o o 1J, tiff p C')P4 I.. o II w Z I W � ° o � ° z O a Q ly �.b o O a OR 0 �l coy AayN v 0 W co =1 5 W w n \Z u ln�oO� °o z w �. 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(w n h LU AIM Lu I ¢j7 NZ ZZ NZ o aN I h I I Z° "tee I � ze --—.—.— --------------------------------6 . oy_e 0,N � 3„oz,tboN AVM>IYVd 033WS ------------------ SUP Nh&H 2018-010302 RECORDED 03/13/2018 11:44 AM II IIII (IIII IIIIIIIIIIIIIIII IIIIIIIIII IIIII I 00356538201800103020040048 CHRIS YAMAMOTO CANYON COUNTY RECORDER Pgs=4 MBROWN NO FEE DEED CITY OF CALDWELL CORPORATE WARRANTY DEED FOR VALUE RECEIVED, Urban Renewal Agency of the City of Caldwell,Idaho a corporation duly organized and existing under the laws of the State of Idaho, GRANTOR, does hereby Grant,Bargain, Sell, and Convey unto: Urban Renewal Agency of the City of Caldwell,Idaho GRANTEE,whose address is 411 Blaine St, Caldwell,ID 83605,the following described tract(s)of landreal estate,to-wit: See Exhibit"A" describing Parcel"A", comprised of one(1)page, attached hereto and made a part hereof TO HAVE AND TO HOLD the said premises,with its appurtenances unto the said Grantee,its heirs, and assigns forever. And the said Grantor does hereby covenant to and with said Grantee, that Grantor is the owner in fee simple of said premises; that said premises is free from all encumbrances except as set forth heretofore, and that Grantor will warrant and defend the same from all lawful claims whatsoever. IN WITNESS WHEREOF, the Grantor,pursuant to a resolution of its Board of Directors, has caused its corporate name to be hereunto subscribed by its officers this 1 241` day of A.D.2018 [Signature Page Follows] �,� ► -4-�5 201 8-09 Urban Renewal A ency of the City of Caldwell Idaho By. �_ r Title: STATE OF ) ss. County of ) On this 12- _day of in the year 2018, before me the undersigned, a Notary Public in and for said State personally appeared, CL� 1z: M known or identified tome to be the S1 �n(�i:���ry�L(1 of the corporation that executed the foregoing instrument, or the person who executed the instrument on behalf of said corporation, and acknowledged to me that such corporation executed the same. I DEL r . ��E�t'ER L Notary Public �00.!AR ;PUBLIC Residingat�l.�� 9 l C,i IDAHO ' My Commission Expires t 2_12-2-12-02-3 inner Thomas f Wellard,PLS Land---Survey Rodney Clark,PE Precision Land Surveyors,P.C. 21851 Upper Pleasant Ridge Rte Caldwell,Idaho 83607 0 (208)454-0933 1 3 52 0 WWW.SKMNEPMMSURVEY.COM W 3/ 7If O surveys @slcitztterlandsurvey.com ?, o, OF J.W� September 24,2017 Legal Description for Urban Renewal Agency of the City of Caldwell Job No.FE3418 Parcel A This parcel is a portion of the NE%4 SE'/4 of Section 25 in Township 4 North,Range 3 West of the Boise Meridian,Canyon County,Idaho and is more particularly described as follows: COMMENCING at the Northeast corner of the NE V4 SE 114,(E V4 Corner,Section 25),a found 5/8 inch diameter rebar; thence South 00°36'42"West along the East boundary of the NE 1/4 SE%4 a distance of 1325.12 feet to the Southeast corner of the NE'/SE%,a found 518 inch diameter rebar; thence South 00°36'42"West along the East boundary of the SE V4 SE V4 a distance of 543.56 feet; thence South 89°36'53"West a distance of 40.01 feet to a 5/8 x 30 inch rebar set with a plastic cap stamped P.L.S. 15352; thence North 00°36'42"East,parallel with the East boundary of the SE%,a distance of 1052.83 feet to the TRUE POINT OF BEGINNING, thence North 60°40'55"West a distance of 1345.37 feet; thence North 53° 16'11"West a distance of 54.59 feet; thence Northwesterly 94.96 feet along the are of a curve to the right having a radius of 112.50 feet and a central angle of 48°21'3 9"and a long chord which bears North 290 05'21"West a distance of 92.16 feet; thence North 89°36'05"East,parallel with the North boundary of the NE%4 SE'/4,a distance of 1109.78 feet to a 5/8 x 30 inch rebar set with a plastic cap stamped P.L.S. 15352; thence South 81'42'44"East a distance of 72.84 feet to a 5/8 x 30 inch rebar set with a plastic cap stamped P.L.S. 15352; thence North 89°36'05"East a distance of 48.00 feet to a 5/8 x 30 inch rebar set with a plastic cap stamped P.L.S. 15352; thence South 44°53'37"East a distance of 56.07 feet to a 5/8 x 30 inch rebar set with a plastic cap stamped P.L.S. 15352; thence South 00°36'42"West,parallel with the East boundary of the NE'/4 SE 1/4,a distance of 729.83 feet to the TRUE POINT OF BEGINNING,containing 12.223 acres more or less,and is subject to any and all easements and rights-of-way of record or implied. 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