HomeMy WebLinkAboutRural Fire District FY19M
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WHEREAS, of the not to exceed $1,500,000.00 for the Fire Station No. 6 Operational
Costs the amount of Three Hundred Seventy-Five Thousand and 00/100 Dollars ($375,000.00)
remains unexpended; and
WHEREAS, the City and the District desire to document by this Memorandum of
Understanding and Agreement the termination of the District's agreement and commitment to
pay the Fire Station No.6 Operational Costs notwithstanding $375,000.00 of the $1,500,000.00
remains unexpended; and
WHEREAS, the City and the District desire to enter into this Memorandum of
Understanding and Agreement and effectuate its purposes and agreements because the City and
the District, jointly and severally, through their respective Council and Board, find and conclude
the citizens of the City and the District, respectively, will benefit, directly and indirectly, from its
purposes and agreements as set forth herein above.
NOW, THEREFORE, for good and valuable consideration, the receipt of which is hereby
acknowledged by the parties hereto, the City and the District hereby acknowledge and
memorialize their agreement as follows.
1. The 2017/2018 Budget Year Memorandum is expired, terminated and ended, and
of no further force or effect as of the end of the 2017/2018 fiscal year, as the term "fiscal year" is
defined by the Agreement, to include the termination of the agreement by and between the
District and the City for the District to pay the Fire Station No. 6 Operational Costs.
2. Notwithstanding the calculated percentage of the "Gross Market Valuation
Percentage", the "Population Percentage", and the "Market Valuation", as provided in section 8
of the Agreement, for purposes of the Contract Service Fee and the Capital Outlay Expenditure
budget, the allocation between the City and the District for the 2018/2019 fiscal year shall be
NINETY PERCENT (90%) attributable to the City and TEN PERCENT (10%) attributable to
the District. The foregoing shall be and is effective for and as of the 2018/2019 fiscal year, and
the parties shall return to the method provided in section 8 of the Agreement for determining the
percentage allocation for the Contract Service Fee and the Capital Outlay Expenditure budget for
subsequent fiscal years.
3. All other terms, provisions, covenants and agreements set forth in the Agreement
shall remain and be the same. -
IN WITNESS WHEREOF, the parties have herein executed this Memorandum of
Understanding and Agreement.
DATED AND SIGNED thisrd day ofbe2018.
City of Meridian
MEMORANDUM OF UNDERSTANDING AND AGREEMENT FOR 2018/2019 FISCAL YEAR -
Page -2-
QO�,jE0 AUGUST
O�
20 w
CHV of
Attest: E IDIAN�-
IDAHO
SEAL
By: i o�21
v Clerk OftheTRF--
By Council Resolution No.
Attest:
By: _1"A�
Sec're'tary
By Resolution No. 18-004
MEMORANDUM OF UNDERSTANDING AND AGREEMENT FOR 2018/2019 FISCAL YEAR -
Page -3-
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