CITY OF SHOW LOW ORDINANCE NO. 2026-05

AN ORDINANCE OF THE MAYOR AND COUNCIL OF THE CITY OF SHOW LOW, ARIZONA, AUTHORIZING THE EXCHANGE OF PARCELS OF REAL PROPERTY OF SUBSTANTIALLY EQUAL VALUE

RECITALS:

WHEREAS, pursuant to A. R. S. § 9- 407, the City of Show Low, Arizona (“City”) may authorize the exchange of a parcel of City-owned real property for any other parcel of real property if the parcels are of substantially equal value; and

WHEREAS, the City owns real property within the City, generally described as Assessor Parcel Numbers 210-19-062, 210-19-050, and 210-18-015B; and

WHEREAS, ANNSH, LLC owns real property in the City of Show Low, generally described as Assessor Parcel Number 210-19-007B; and

WHEREAS, the Parties desire to exchange portions of the parcels for the benefit of the Timothy McKay Park, as legally described and depicted in Exhibit A; and

WHEREAS, in accordance with A.R.S. § 9-407(C), the City published a notice of intent to exchange a portion of the City’s parcels for portions of the ANNSH, LLC  parcel; and

WHEREAS, the City Council desires to authorize the exchange of portions of the City parcels for a portion of the ANNSH, LLC parcel.

ENACTMENTS:

NOW, THEREFORE, BE IT ORDAINED by the Mayor and Council of the City of Show Low, Navajo County, Arizona:

 Section 1

The Mayor and Council of the City of Show Low hereby authorize the exchange of City owned parcels known as a portion of Navajo County Assessor's Parcel Numbers 210-19-062, 210-19-050, and 210-18-015B for a parcel known as a portion of Navajo County Assessor's Parcel Number   210-19-007B,  as legally described and depicted in Exhibit A.

Section 2

The Mayor and Council of the City of Show Low hereby find and declare that the portion of the parcel to be received by the City is of substantially equal value to the ones to be conveyed by the City.

Section 3

The Mayor and Council of the City of Show Low hereby authorize the Mayor to execute all necessary documents required to facilitate this exchange.

Section 4

This Ordinance shall be published as required by law.

PASSED AND ADOPTED this 16th day of June, 2026, by the Mayor and Council of the City of Show Low, Arizona.