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Resolution - 2007 - 24 - Initiating The Formation Of Local Improvment Distrcit No. 2007-1 - 08/14/2007 RESOLUTION NO. 07-24 A RESOLUTION OF THE CITY OF EAGLE, IDAHO, INITIATING THE FORMATION OF LOCAL IMPROVEMENT DISTRICT NO. 2007-1; DESCRIBING THE IMPROVEMENTS TO BE CONSTRUCTED, THE PROPOSED BOUNDARIES, AND THE PROPERTY TO BE ASSESSED, IN THE PROPOSED IMPROVEMENT DISTRICT; PROVIDING FOR RELATED MATTERS; AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City of Eagle, Ada County, Idaho (the "City"), is a municipal corporation organized and operating under the laws of the State of Idaho and is authorized to create local improvement districts for public improvements pursuant to Title 50, Chapter 17, Idaho Code; and WHEREAS, the City Council (the "Council") of the City has determined to initiate the formation of a local improvement district for the purposes described hereinbelow. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EAGLE, IDAHO, as follows: Section 1: Pursuant to Idaho Code Section 50-1706, the formation of a local improvement district, to be known and designated as "City of Eagle Local Improvement District No. 2007-1" ("L.l.D. No. 2007-1") is hereby initiated. Section 2: The proposed project to be financed within L.l.D. No. 2007-1 consists of the acquisition of public water facilities, together with costs of engineering, legal services, publication, bond issuance costs and reserves, and other related expenses (the "Project"). Section 3: The boundaries of L.I.D. No. 2007-1 shall be as set forth in Exhibit "A" attached hereto and by this reference incorporated herein. Section 4: The costs and expenses of the Project shall be assessed against the tracts, lots, and lands within L.l.D. No. 2007-1 according to the benefits-derived method of assessment, as provided by Section 50-1707, Idaho Code. Section 5: This resolution shall take effect and be in force immediately upon its passage and approval. Page 1 DATED this 14th day of August, 2007. CITY OF EAGLE Ada County, Idaho B~~l'Qr Mayor ATTEST: 1\0.---, ~K (bo~ ....... City C erk ..,'.'...:........ ",~ C, \ l' -.,# L...t-- ....... .. '-_ v .- -. #. ~.l>. ?-1:E ... ... o ~ oq,. -:-..0.. >-~A, , !.\ ';l: ... 0: . V". < ... 0 , b'r ~l: ~ o v iY ~~ ... ~ .o.~ ~ ... INCO..... 0 ", .. ...........~ ", ~~ """ S T ", ,'........., Page 2 Exhibit A City of Eagle Local Improvement District No. 2007-1 Legal Description In Sections 3, 4, 5, 7, 8, 9, 10, 15, 16, 17, and 22, Township 4 North, Range 1 East, Boise Meridian, Ada County, Idaho, being more particularly described as follows: BEGINNING at the northwest corner of Section 3, Township 4 North, Range 1 East, Boise Meridian, Ada County, Idaho: thence N 89036'53"W 2648.56 feet; thence S Ooo30'52"E 1281.00 feet; thence N 89057'25"W 1326.75 feet; thence N 00024'51''W 518.76 feet; thence N 43051'20"E 949.35 feet; thence N 00010'58"W 78.38 feet; thence N 89041'44"W 4658.57 feet; thence S 00025'14''E 2587.89 feet; thence S 89024'32"E 2198.87 feet; thence S 00016'38''E 155.06 feet; thence S 45007'59"W 323.46 feet; thence S 00024'58''E 206.57 feet; thence S 89020'54"E 676.04 feet; thence S OooOO'OO"W 52.25 feet; thence S 89049'40"W 603.00 feet; thence N OooOO'OO"E 10.63 feet; thence S 89046'54"W 82.00 feet; thence N 49013'52"W 420.65 feet; thence S 00016'13''E 494.20 feet; thence S 89046'08"W 62.00 feet; thence S 00034'23''E 200.01 feet; thence S 89052'38"E 262.25 feet; thence S 00020'12''E 255.19 feet; thence S 89022'38"E 828.05 feet; thence S 00022'45''E 1322.16 feet; thence N 89017'43"W 4000.12 feet; thence S 01016'Ol"W 1778.92 feet; thence N 44018'44"W 180.87 feet; thence N 54031'42"W 151.65 feet; thence N 63034'52"W 491.09 feet; thence N 76054'47"W 178.02 feet; thence S 89049'56"W 447.33 feet; thence S 01019'53"W 2637.15 feet; thence S 89046'35"W 1314.71 feet; thence S 00024'21"W 1339.45 feet; thence S 89047'13"E 1287.46 feet; thence S 09027'32"W 19.93 feet; thence S 74003'56"E 42.05 feet; thence N 84027'01"E 108.88 feet; thence S 62052'53"E 292.56 feet: thence S 70014'33''E 320.46 feet; thence S 78048'17"E 485.12 feet: thence N 84013'42"E 358.91 feet; thence S 88053'25"E 498.07 feet; thence S 75051'03"E 1081.79 feet; thence N 80002'44''E 841.27 feet; thence S 58'09'38"E 643.33 feet; thence S 25043'15"E 802.30 feet; thence S 17019'07"E 429.37 feet; thence S 80006'47''E 487.69 feet; THIS DESCRIPTION WAS PREPARED BY DEAN J. COON, PLS10328 ON JULY 18, 2007, FROM ADA CQUN1Y'S GIS BASEMAP, DATED JUNE 2007 I:\EG\062007 UD\Survey Documents\UD Description.doc Page 1 of 3 Exhibit A City of Eagle Local Improvement District No. 2007-1 Legal Description thence S 54022'29"E 688.62 feet; thence S 73.50'27"E 807.63 feet; thence N 71.33'53"E 473.88 feet: thence N 57.46'12"E 904.23 feet; thence N 01.50'58"E 618.80 feet; thence N 88.5T34"E 1098.50 feet; thence S OO.OO'OO''W 718.23 feet; thence S 58.41'42"E 255.76 feet; thence S 00.53'46"W 565.46 feet; thence S 69.36'27"E 458.05 feet; thence S 84.08'58"E 391.44 feet; thence S 72046'25"E 303.15 feet; thence S 87.16'34"E 222.45 feet; thence S 01.06'3TW 211.80 feet; thence S 45.20'40"E 732.47 feet; thence S 56.42'24"E 1059.85 feet; thence S 21.16'1S"E 309.80 feet; thence S 57005'40"E 401.60 feet; thence S 72.04'23"E 315.01 feet; thence S 83'17'19"E 528.12 feet; thence N 67.00'02"E 665.55 feet; thence S 57053'06"E 489.15 feet; thence S 12028'00"E 757.33 feet; thence S 54.50'38"E 231.31 feet; thence N 88.52' 19"E 670.07 feet; thence S 73.4T22"E 323.58 feet; thence S 43012'02"E 330.26 feet; thence N 00'35'45"E 2692.59 feet; thence N 44.37'42''E 102.49 feet; thence N 00.34'07"E 2085.47 feet; thence N 89. 19'OT'W 37.00 feet; thence N 00037'46"E 330.06 feet; thence N 89.43'58"W 1358.55 feet; thence N 00037'04"E 992.54 feet; thence S 89.43'11"E 1285.72 feet; thence N 01' 17'59"E 2636.37 feet; thence S 87011'53"W 953.94 feet; thence N 14'08'36"W 171.07 feet; thence N 08'33'OO"W 221.97 feet; thence N 40.34'40"W 131.17 feet: thence N 87'22'40"E 1163.84 feet; thence N 01'15'16"E 1495.92 feet; thence N 89044'34"W 1265.46 feet; thence N 60.01'56"E 290.54 feet; thence N 08.58'08"E 51.31 feet; thence S 89044'43"E 970.01 feet; thence N 01.15'07"E 216.90 feet; thence S 89042'33"E 44.01 feet; thence N 00009'26"W 163.87 feet; thence N 030 11'09"W 366.03 feet; thence N 13018'54"W 296.38 feet; thence N 17.44'59"W 2120.31 feet; thence N 17045'02"W 741.29 feet; thence N 21 '00'24"W 174.18 feet; thence N 28.08'45"W 174.18 feet; thence N 31038'40"W 459.36 feet; thence N 37.13'28"W 171.08 feet; thence N 8702T25"W 127.92 feet; thence N 02026'16"W 412.79 feet; thence N 02.43'35"W 332.29 feet; THIS DESCRIPTION WAS PREPARED BY DEAN J. COON, PLS10328 ON JULY 18, 2007, FROM ADA COUNlY'S GIS BASEMAP, DATED JUNE 2007 I;\EG\062007 UD\Survey Documents\UD Description.doc Page 2 of 3 Exhibit A City of Eagle Local Improvement District No. 2007-1 Legal Description thence N 13055'16"E 332.29 feet; thence N 89036'53"W 3829.08 feet to the POINT OF BEGINNING. Containing 4,153.99 acres, more or less. Basis of Bearing for this description is the Ada County GIS Basemap, dated June of2007. I, Dean J. Coon, a Professional Land Surveyor licensed by the State ofIdaho, hereby certify that the foregoing deScription was prepared by me, or under my direct supervision, and that it is representative of the Local Improvement District Boundary as shown on the City of Eagle Eastern Municipal Water System Local Improvement District Map. No fieldwork was performed to verify individual parcel boundaries. Inaccuracies inherent to the source data (Ada County GIS Basemap) used to prepare this description may be revealed should field measurements be made. This description is not intended to convey interest in real property. and is not valid unless accompanied by this certification. END OF THIS DESCRIPTION THAT CONTAINS 3 PAGE(S). THIS DESCRIPTION WAS PREPARED BY DEAN J. 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