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Home My WebLink AboutURA RES 2019-12 RESOLUTION NO. 2019 -J2- A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO, A PUBLIC BODY CORPORATE AND POLITIC, ORGANIZED AND EXISTING' PURSUANT TO THE IDAHO URBAN RENEWAL LAW, CHAPTER 20, TITLE 50, IDAHO CODE, PURSUANT TO IDAHO CODE § 50-2010, ACCEPTING A WARRANTY DEED EXECUTED BY THE CITY OF CALDWELL, IDAHO, PURSUANT TO IDAHO CODE § 50-2015. WHEREAS, the Urban Renewal Agency of the City of Caldwell, Idaho (hereinafter "Urban Renewal Agency") is the: duty authorized urban renewal agency of the City of Caldwell. Idaho, created by and existing under the authority of and pursuant to the Idaho Urban Renewal 1,,aw of 1965, being Idaho Code Title 50, Chapter 20, as amended and supplemented; WHEREAS, the City has adopted an Urban Renewal Plan for the Caldwell East Urban Renewal Project (the "Urban Renewal Plan") that will rehabilitate and develop a specified area of the City (the "T..Irban Renewal Area") to be administered by the Agency; WHEREAS, the I.Jrban Renewal Plan contemplates the acquisition, management, development, and/or disposition of real property in effectuating the purposes of the Agency and the Plan; WHEREAS, pursuant to Idaho Code § 50-2015(b), the City has the authority to convey real property, with or without consideration, to the Urban Renewal Agency, for the purpose of aiding in the planning, undertaking or carrying out of the Urban Renewal Plan; WHEREAS, the execution of the attached Warranty Deed by the City to the I-Irban Renewal Agency will aid in the undertaking and carrying Out of the Urban Renewal Plan; WHEREAS, the Urban Renewal Agency is authorized, pursuant to Idaho Code § 50- 2010(a), to acquire any interest in real property, including fee simple title thereto, which it may deem necessary for or in connection with an urban renewal project and related activities; WHEREAS, the Urban Renewal Agency deems the acceptance of the executed Warranty Deed from the City of Caldwell, Idaho, the original of which is attached hereto and incorporated by this reference, to be necessary for or in connection with the undertaking or carrying out of the Urban Renewal Plan, NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO, hereby accepts the attached Warranty Deed from the City Of Caldwell and shall abide by the following conditions of such transfer: PAGI,, I a. Agency shall seek private development of the site, alone or in conjunction with adjoining property, pursuant to the request for proposals process outlined in Idaho Code 50-2011(b); and b. Agency may, in its discretion, sell the property for its reuse appraisal value provided that Agency shall pay any net sale revenue recovered to City. PASSED BY THE BOARD OF COMMISSIONERS ofthe Urban Renewal Agency of the City of Caldwell, Idaho,, this 8th day of July, 2019. APPROVED BY THE CHAIRMAN of the Urban Renewal Agency of the City of Caldwell, Idaho, this 8th day of July, 2019. APPROVED By: BER'f' H Chain-nan I iv XrTEST: 000144"#004 C Y op % ER, Secre , y DEBBIE GEY co 0� 0* % m oil PAGE 2 .................. 2019-027005 RECORDED 06/18/2019 02:22 PM . f11f fflf I!i f lflfllf llffflf lff f f lIIlflfflf��llf flf 00446406201900270060040043 i CHRIS YAMAMOTO CANYON COUNTY RECORDER Pgs=4 51)UPUIS NO FEE DEED CITY OF CALDWELL WARRANTY DEED The CITY OF CALDWELL,IDAHO, an Idaho municipal corporation of 411 Blaine Street, Caldwell, Canyon County,Idaho 83605, Grantor,hereby CONVEYS, GRANTS and WARRANTS to THE URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL,IDAHO,an independent public body corporate and politic of the State of Idaho, of 411 Blaine Street, Caldwell, Canyon County, Idaho 83605, Grantee, for the sum of TEN AND NO1100 DOLLARS ($10.00) and other valuable considerations,pursuant to the authority set forth in Idaho Code § 50-2015(b),the following described tracts of land in Canyon County, Idaho, commonly known as 119 and 123 S. Kimball Avenue, Caldwell,Idaho 83 60 5,and more particularly described as follows,to wit: Lots 22, 23, and 24 in Block 5 of CALDWELL, according to the Revised Map filed July 29, 1891, in Book 1 of Plats at Page 20, in the office of the County Recorder, Canyon County,Idaho. TO HAVE AND TO HOLD the said premises,with their appurtenances unto the said Grantee, its heirs and assigns forever. The said Grantor does hereby covenant to and with the said Grantee, that it is the owner in fee simple of said premises;that said premises are free from all encumbrances except for general taxes and assessments for the current year and subsequent years, covenants, conditions, restrictions, use restrictions, use requirements, reversionary interests and easements of record, and that it will warrant and defend the same from all lawful claims whatsoever. WITNESS the hand of said Grantor this 17th day of June,2019. CITY OF CALDWELL,IDAHO By: GARRET NANCOLAS, Mayor Attest: clr y DEBBIE GEYEA, City lerk ?z •r n,• PAGE I ''a;,��IDAH4��,0`'� l STATE OF IDAHO ) ss. COUNTY OF CANYON ) On this 17th day of June,2019,before,me the undersigned, a Notary Public in and for said State personally appeared GARRET NANCOLAS, known or identified to me to be the Mayor of the City of Caldwell, Idaho, that executed the said instrument, and acknowledged to me that such City of Caldwell executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. ,'*��sr�urrrrrr�i -40��` �.•PRy p�art, U 1 R�'�•z ��s� s NOTARY PtbljC FOR IDAETO. a i = Residence: Ala& VA d i COMMISSION • *SEAL* % NUMBER My Commission exp es: •�t flYtiff.691 .oss :;•-�- . rOF� PAGE 2 EXHIBIT "A" A parcel located in the SW 1/of Section 22,Township 4 North,Range 3 West,Boise Meridian, Canyon County, Idaho,being more particularly described as follows: Lots 22,23,and 24 in Block 5 of CALDWELL,according to the Revised Map filed July 29, 1891 in Book 1 of Plats at Page 20,in the office of the County Recorder, Canyon County,Idaho. EXBBIT 'B' �P 5 - Lots 22, 23,,&�24 Block 5\ Caldwell Original yG SST City ; ...,.. Wm.a,..wfgd Legend of r .�..��}i41i��. NORTH [] Subject Parcel q"""°�""��"""""" ° 0 is 30 Taxlots q••� ..�:�a. Caldwell �"�""�•� �� Feet �- _--- ,,,,,,.m,� 1 inch=30 feet RESOLUTION NO. 140-19 RESOLUTION OF THE CALDWELL CITY COUNCIL PURSUANT TO IDAHO CODE § 50-2015(B), AUTHORIZING EXECUTION OF A WARRANTY DEED FOR THE REAL PROPERTIES COMMONLY KNOWN AS 119 AND 123 S. KIMBALL AVENUE, CALDWELL, IDAHO, FROM THE CITY OF CALDWELL, IDAHO, AN IDAHO MUNICIPAL CORPORATION, TO THE URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO, A PUBLIC BODY CORPORATE AND POLITIC, ORGANIZED AND EXISTING PURSUANT -TO THE IDAHO URBAN RENEWAL LAW, CHAPTER 20, TITLE 50,IDAHO CODE. WHEREAS, the Urban Renewal Agency of the City of Caldwell, Idaho (hereinafter "Urban Renewal Agency") is the duly authorized urban renewal agency of the City of Caldwell, Idaho, created by and existing under the authority of and pursuant to the Idaho Urban Renewal Law of 1965,being Idaho Code Title 50, Chapter 20, as amended and supplemented; WHEREAS, the City has adopted an Urban Renewal Plan for the Caldwell East Urban. Renewal Project (the "Urban Renewal Plan") that will rehabilitate and develop a specified area of the City(the"Urban Renewal Area")to be administered by the Agency; WHEREAS, the Urban Renewal Plan contemplates the acquisition, management, development, and/or disposition of real property in effectuating the purposes of the Agency and the Plan; WHEREAS, pursuant to Idaho Code § 50-2015(b), the City has the authority to convey. real property, with or without consideration, to the Urban Renewal Agency, for the purpose of aiding in the planning, undertaking or carrying out of the Urban Renewal`Plan; WHEREAS, the execution of the attached Warranty Deed by the City to the Urban Renewal Agency will aid in the undertaking and carrying out of the Urban Renewal Plan; NOW THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of Caldwell, Canyon County, Idaho, that the attached Warranty Deed for the real properties commonly known as 119 and 123 S. Kimball Avenue, Caldwell, Idaho, from the City to the Urban Renewal Agency, is hereby APPROVED and the Mayor is authorized to execute the same subject to the following conditions: a. Agency shall seek private development of the site, alone or in conjunction with adjoining property, pursuant to the request for proposals process outlined in Idaho Code 50-2011(b); and b. Agency may, in its discretion, sell the property for its reuse appraisal value provided that Agency shall pay any net sale revenue recovered to City. PAGE x PASSED BY THE COUNCIL OF THE CITY OF CALDWELL, IDAHO, this 17th day of June,.2019. APPROVED BY THE MAYOR OF THE CITY OF CALDWELL, IDAHO, this 17th day of June,2019. ATTEST: Garret Nancolas, Mayor Debbie Geyer, City Cler `eeee CITY m•txl RESOLUTION No. -PAGE 2 J i