Resolution - 2021 - 21-10 - Sale Of Parcel On Floating Feather (West Park) - 03/23/2021 RESOLUTION NO. 21-10
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EAGLE, IDAHO RELATING
TO THE SALE OF REAL PROPERTY; DECLARING A MINIMUM SALES PRICE FOR THE
SALE OF REAL PROPERTY; AUTHORIZING THE CITY CLERK TO PUBLISH NOTICE;
AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Eagle, Idaho ("City") has previously acquired 34.57 acres,
commonly referred to as West Park Property;
WHEREAS,the City Council of the City has determined that it is in the best interest of the
citizens of the City of Eagle to offer West Park Property for sale;
WHEREAS, State law requires the City Council of the City to either declare a value or
minimum price, if any, it intends to receive as a result of the offer for sale or to declare that the
subject property will be offered for sale without establishing a minimum price.
NOW, THEREFORE, it is hereby RESOLVED by the City Council of the City of Eagle,
Idaho as follows:
Section 1: The City Council finds and declares that the City shall propose to offer for sale
the one parcel of real property referred to as West Park Property, which is legally described in
Exhibit A incorporated herein.
Section 2: The City Council declares the minimum sales price for the West Park Property
shall be $5,000,000.00. Any sale will also be subject to negotiation of other terms and conditions
of a contract as permitted under State law.
Section 3: The City Clerk is authorized and directed to publish a summary of the action
taken by the City Council under this Resolution in the official newspaper of the City and to provide
notice of a public hearing before the City Council concerning the sale of West Park property.
Section 4: This Resolution shall take effect and be in force immediately upon its passage
and approval.
Passed and approved this 23rd day of March, 021
11111110
By _
aPierce, Mayor
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Exhibit A
Legal Description
W. Floating Feather Road
Eagle, Idaho
Parcel#SO4 1 2 1 1 0064
Par#0664 of E2NE4
SEC 12 4N 1W
#0660-B
A parcel of land located in the Northeast quarter of the Northeast quarter and m the Southeast
quarter of the Northeast quarter of Section 12,Township 4 North,Range 1 West,Boise Meridian.
Ads County,Idaho,and more particularly described as follows:
Commencing at the Northeast corner of Section 12,Township 4North.Range Wes.Boise
Meridian,the POINT OF BEGINNING;
Thence South on the section line between Section I?,Township4 North,Range I West, Boise
ivleridian,and Section 7,Township 4 North.Range i East,Boise Meridian,a distance of
approximately 1650 feet to a point on said section line;
Thence West on a line running parallel to the section line between Section 1,Township 4 North,
Range I West,Boise Meridian,and Section I2,Township 4 North.Range i West.Boise Meridian,
approximately 1320 feet to a point;
Thence North 00°12'05"West approximately 798 feet to a point on the centerline of the natural
drain;
Thence South 85'°27°34"East along said centerline a distance of 395.9 i fear more or I=s to a
point;
Thence North 00°09'41"West a distance of 50.00 feet to a 518 inch rebar with plastic cam;
Thence South 85°225'09"East along a line approximately 50 feet front the centerline of a drain a
distance of 3 11.06 feet to a 5/8 inch mbar with plastic cap;
Thence North 00°09'41"West a distance of 860.16 feet toe point on the Northerly section lino of
Section 12;
Thence North 89°43'12"East a distance of 616.00 feet to the FOINT OF BEGINNING.
PURCHASE AND SALE AGREEMENT-7