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HomeMy WebLinkAboutMeridian Development Agreement Reimbursement Hunter Lateral REIMBURSEMENT AGREEMENT BY AND BETWEEN THE MERIDIAN DEVELOPMENT CORPORATION AND THE CITY OF MERIDIAN February 6th , 2024 Hunter Lateral Relocation Reimbursement Agreement Page 0 REIBURSEMENT AGREEMENT THIS REIMBURSEMENT AGREEMENT ("Agreement") is entered into as of the 6th day of February , 2024, by and between the MERIDIAN DEVELOPMENT CORPORATION, the urban renewal MDC for the City for Meridian, an independent public body, corporate and politic, organized and existing under the urban renewal laws of the State of Idaho ("MDC") and the CITY OF MERIDIAN, an Idaho municipal corporation ("City"). MDC and City are collectively referred to as "Parties" and may be individually referred to as "Party". RECITALS WHEREAS, MDC owns certain property (MDC Property) and the CITY owns certain property (CITY Property) more specifically described and depicted in Attachment 1 (attached hereto and incorporated herein) and both properties are located within the Union District revenue allocation area ("District") under the jurisdiction of MDC; WHEREAS the Hunter Lateral (Lateral) is an irrigation facility owned by the Nampa Meridian Irrigation District (NMID) and runs through and across both the City and MDC properties, WHEREAS the City and MDC have entered into agreements with NMID and the Ada County Highway District (ACHD) for the relocation of the Lateral to the ACHD right of way; WHEREAS the relocation of the Lateral is a public improvement within the scope of the Union District Urban Renewal Plan adopted by Meridian City Ordinance 20-1882 ("Plan") that will benefit the potential use and redevelopment of the respective properties of the City and MDC and which will enhance the tax base in the District; and Reimbursement Agreement Page 1 n r c WHEREAS, the City is paying the costs to relocate the Lateral to the ACHD right of way and MDC is willing to reimburse the city over time from tax increment funds generated by the MDC Property and the City Property and actually received by MDC during the life of the Union District; and WHEREAS, the public work to be performed in the relocation of the Lateral are set forth in Attachment 2 (attached hereto and incorporated by reference herein) and the costs associated with these public improvements are also set forth in Attachment 2 ("Reimbursable Public Improvements"); WHEREAS, the CITY and MDC desire to enter into this Agreement for the mutual benefit of both entities. NOW, THEREFORE, based upon the mutual consideration, the receipt and sufficiency of which is hereby acknowledged, MDC and City agree as follows: I. SUBJECT OF AGREEMENT A. Agreement The purpose of this Agreement is to effectuate the Plan by making certain irrigation and drainage system improvements in the District and reimburse the City for the costs associated with the relocation of the Lateral from the City Property and MDC Property to the ACHD right of way. A description of the Reimbursable Public Improvements is set forth in Attachment 2. City agrees it will provide for and oversee the completion of the Reimbursable Public Improvements. The recitals above are hereby incorporated into this Agreement as if set forth fully herein. The term of this Agreement shall commence on the date first set forth above through December 31, 2040, unless the Agreement is earlier terminated as provided herein or the Reimbursable Improvements are completed and reimbursement is fully made to the City prior to that date. Reimbursement Agreement Page 2 B. The Plan This Agreement is subject to the provisions of the Plan. C. The Site The MDC Property and the City Property may collectively be referred to as the Site. D. Reimbursable Public Improvements The Reimbursable Public Improvements will improve and enhance the public infrastructure within the District boundaries, improve the opportunity to redevelop the Site and provide for greater public health, safety and welfare. MDC and the City agree that the Reimbursable Public Improvements are in the best public interest, will improve usability and safety, and provide for enhanced development of the Site and the Plan area. The MDC has approved the scope and the cost of the Reimbursable Public Improvements. In consideration of the terms of this Agreement, MDC agrees to reimburse City for the reasonable and actual costs of the Reimbursable Public Improvements in an amount not to exceed $800,970.00. The Reimbursable Public Improvements consist of the improvements described in Attachment 2. The Reimbursable Public Improvements, as described in Attachment 2, are considered all-inclusive and may only be modified by written agreement of the Parties. The aforementioned reimbursement shall be made from ninety percent (90%) of the actual tax increment revenue received pertaining to the Site within the Union District. The reimbursement shall only be made over time from funds actually received by MDC from the Site within the District so reimbursement may be accomplished via multiple payments. MDC shall transmit said payments to City within ninety (90) days of receiving actual funds from the Site. The City assumes the risk that actual funds received by MDC may not be sufficient to fully reimburse the City. MDC agrees to complete reimbursement to the City before reimbursement payments Reimbursement Agreement Page 3 are made to any other entity for reimbursable public improvements made pertaining to the Site pursuant to other development or owner participation agreements entered into after the Effective Date of this Agreement and pertaining to the Site. The Parties agree that any and all reimbursement payments to be made by MDC under this Agreement for the Reimbursable Public Improvements shall be made to City. To receive reimbursement, City must provide written documentation acceptable to MDC from the City and other applicable government agencies with jurisdiction that the Reimbursable Public Improvements have been properly and finally completed and accordance with the applicable plans and specifications and governmental requirements and that the applicable agencies have accepted said improvements. City shall deliver to MDC, along with its request for reimbursement, an itemized statement to the MDC setting forth in detail the total amount of the costs that City believes are eligible and for which they are seeking reimbursement. The request for reimbursement must include the corresponding invoices, receipts and other documentation of the actual costs. Payment terms for reimbursement payments are further described in Attachment 2. City shall, at City's expense, secure or cause to be secured any and all permits, licenses or approvals which are required by the City, or any other governmental entity with authority over by such construction. E. Bodily Injury, Property Damage, and Worker's Compensation Insurance The City shall maintain property and casualty insurance as it has historically done and maintain workers' compensation insurance as required by law during the construction of the Reimbursable Public Improvements. F. Indemnification To the extent permitted by Idaho law, City shall release, defend and hold MDC and its respective officers, agents, consultants and employees harmless from and against all liabilities, obligations, damages, penalties, claims, costs, fees, charges, and expenses, including reasonable architect and attorney fees which may be imposed Reimbursement Agreement Page 4 upon or incurred by or asserted against MDC or its respective officers, agents, consultants and employees by reason of any of the following: a. Any work done in, on, off, or about the Site and the ACHD right of way related to this Agreement, including, without limitation, the construction of any and all facilities and improvements; b. Any use, nonuse, possession, occupation, condition, operation, maintenance, or management of the Site or area, or any part thereof, where the work related to this Agreement is being performed; C. Any negligence on the part of City or any of their agents, consultants, contractors, subcontractors, servants, employees, subtenants, operators, licensees, guests or invitees; d. Any accident, injury, or damage to any person or property occurring in, on, about or enroute to or from the Site or area where the work related to this Agreement is being performed or any part thereof; and/or e. Any failure on the part of City to perform or comply with any of the terms, provisions, covenants, and conditions contained in this Agreement to be performed or complied with on its part. G. Rights of Access During Construction Representatives of MDC shall have the reasonable right of access to the Site without charges or fees, at normal construction hours during the period of construction for the purposes of this Agreement, including, but not limited to, the inspection of the work being performed in rehabilitating and/or constructing the improvements. City shall keep MDC advised of the approval process of City, ACHD, and any other applicable governmental agencies and advise the MDC immediately, if any action of the aforementioned agencies shall affect the scope, schedule and/or purpose of the Agreement. Reimbursement Agreement Page 5 H. Local, State and Federal Laws City shall carry out the construction of the improvements on the Site and the ACHD right of way in conformity with all applicable laws, including all applicable federal and state labor standards. Il. DEFAULTS, REMEDIES, AND TERMINATION A. Defaults in General Subject to any approved extensions of time as set forth in this Agreement, failure or delay by any Party to perform any term or provision of this Agreement constitutes a default under this Agreement. The Party who so fails or delays must immediately commence to cure, correct, or remedy such failure or delay and shall complete such cure, correction, or remedy with reasonable diligence and during any period of curing shall not be in default. The Party claiming default shall give written notice of default to the Party in default specifying the default complained of, and the injured Party may not institute proceedings against the Party in default until thirty (30) days after giving such notice; said thirty (30) days constitutes the period to cure any default. Except as otherwise expressly provided in this Agreement, any failure or delay by a Party in asserting any of its rights or remedies as to any default shall not operate as a waiver of any default or of any such rights or remedies or deprive such Party of its right to institute and maintain any action or proceeding which it may deem necessary to protect, assert, or enforce any such rights or remedies. The time to cure a default shall not commence until notice is provided. B. Legal Actions In addition to any other rights or remedies, any Party may institute legal action to cure, correct, or remedy any default; to recover damages for any default; or to obtain any other remedy consistent with the purpose of this Agreement. Such legal actions Reimbursement Agreement Page 6 must be instituted in the District Court of the County of Ada, State of Idaho, in any other appropriate court in that county, or in the United States District Court for the District of Idaho. The nondefaulting Party may also, at their option, cure the default and collect the attorney fees and costs incurred by virtue of curing or correcting the defaulting Party's breach. Further, the nondefaulting Party may pursue an action to require the defaulting Party to specifically perform the terms and conditions of this Agreement. The laws of the State of Idaho shall govern the interpretation and enforcement of this Agreement. C. Rights and Remedies Are Cumulative Except as otherwise expressly stated in this Agreement, the rights and remedies of the Parties are cumulative, and the exercise by any Party of one or more of such rights or remedies shall not preclude the exercise by it, at the same time or different times, of any other rights or remedies for the same default or any other default by the other Party. D. Termination If either Party is in breach or default of the terms of this Agreement, then upon proper notice and opportunity to cure as provided herein, the non-defaulting party may terminate this Agreement. Upon such termination, the non-defaulting party shall have no further liability to the other under this Agreement. III. GENERAL PROVISIONS A. Notices, Demands, and Communications Between the Parties Formal notices, demands, and communications between the MDC and City shall be sufficiently given if dispatched by regular mail or registered or certified mail, postage prepaid, return receipt requested, to the last known address of MDC and City as set Reimbursement Agreement Page 7 forth in this Agreement. Such written notices, demands, and communications may be sent in the same manner to such other addresses as either party may from time to time designate by mail. B. Nonliability No member, official, consultant or employee of the MDC shall be personally liable to City in the event of any default or breach by the IVIDC or for any amount which may become due to City or for any obligations under the terms of this Agreement. No member, official, consultant or employee of City shall be personally liable to the MDC in the event of any default or breach by City or for any amount which may become due to the MDC or for any obligations under the terms of this Agreement. C. City Repairs and Transfer of Responsibility for Hunter Lateral Following Expiration of Union District Following completion of the construction and relocation of the Hunter Lateral as described herein MDC is responsible for the on-going maintenance and upkeep of those relocated facilities. MDC uses funds from the Union District to do so. Following the expiration of the Union District on December 31, 2040, the City agrees it will assume all responsibility for ongoing maintenance and upkeep of the Hunter Lateral improvements described in Attachment 2 to this Agreement. In the event that any work conducted by the City or their contractors within the ACHD right-of-way causes any injury or damage to the improvements described in Attachment 2, the City agrees that it will be responsible to repair and restore the improvements to their previous undamaged and functioning condition. Notwithstanding any other provisions of this Agreement this Section Ill. C. shall survive any other termination of this Agreement and remain in effect until responsibility for the improvements described in Attachment 2 is transferred to the City on December 31, 2040. Reimbursement Agreement Page 8 a az x D. Attorney Fees and Costs In the event that a Party to this Agreement shall initiate an action to enforce any of the provisions hereof in any action at law or in equity, the non-prevailing Party to such action agrees to pay to the prevailing Party all costs and expenses, including reasonable attorney fees incurred therein by the prevailing Party, and such may be included in the judgment entered in such action. E. Severability The provisions in this Agreement are severable. Should any one or more of the provisions of this Agreement for any reason be held to be illegal or invalid, such illegality or invalidity shall not affect any other provisions of this Agreement, but this Agreement shall be construed and enforced as if such illegal or invalid provisions had not been contained herein. F. Headings The section headings contained herein are for convenience and reference and are not intended to define or limit the scope of any provision of this Agreement. G. Counterparts This Agreement may be simultaneously executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. H. Dispute Resolution In the event that a dispute arises between MDC and City regarding the application or interpretation of any provision of this Agreement, the aggrieved Party shall promptly notify the applicable Party to this Agreement of the dispute within thirty (30) days after such dispute arises. If the Parties fail to resolve the dispute informally Reimbursement Agreement Page 9 within thirty (30) days after delivery of such notice, the Parties agree to first endeavor to settle the dispute in an amicable manner by mediation or other process of structured negotiation under the auspices of a nationally or regionally recognized organization providing such services in the Northwestern United States or otherwise, as the applicable Parties may mutually agree before resorting to litigation. Should the Parties be unable to resolve the dispute to their mutual satisfaction within thirty (30) days or other mutually agreeable timeframe after such commencement of mediation or other process of structured negotiation, each Party shall have the right to pursue any rights or remedies it may have at law or in equity. This provision shall not be construed as requiring the Parties to participate in binding arbitration. I. Forced Delay; Extension of Times of Performance In addition to any other specific provisions of this Agreement excusing or permitting delayed performance, no Party shall be deemed to be in default where any delayed performance hereunder is due to war; insurrection; strikes; lock-outs; riots; floods; earthquakes; fires; casualties; acts of God; acts of the public enemy; epidemics; quarantine restrictions; freight embargoes; governmental restrictions or priority; litigation; unusually severe weather; acts of another party; environmental analysis or removal of hazardous or toxic substances; acts or the failure to act of any public or governmental agency not a party to this Agreement; or any other causes beyond the control or without the fault of the party claiming an extension of time to perform. J. Attachments and Exhibits Made a Part All attachments and exhibits which are attached to this Agreement are made a part hereof by this reference. K. Computation of Time In computing any period of time prescribed or allowed under this Agreement, the day of the act, event, or default from which the designated period of time begins to run Reimbursement Agreement Page 10 shall not be included. The last calendar day of the period so computed shall be included unless it is a Saturday, Sunday, or a legal holiday, in which event the period runs until the end of the next day which is not a Saturday, Sunday, or legal holiday. As used herein, "legal holiday" means a legal holiday recognized by the City on which the offices of the City are closed for City business. L. No Third-Party Beneficiary The provisions of this Agreement are for the exclusive benefit of MDC and City and their authorized successors and assigns, and not for the benefit of any third person; nor shall this Agreement be deemed to have conferred any rights, express or implied, upon any third person. M. Good Faith and Cooperation It is agreed by MDC and City that it is in their mutual best interests and in the best interests of the public that the work described in Attachment 2 be completed as herein agreed, and, to that end, the Parties shall in all instances cooperate and act in good faith in compliance with all of the terms, covenants, and conditions of this Agreement and shall deal fairly with each other. IV. AMENDMENTS TO THIS AGREEMENT This Agreement may only be amended by mutual written agreement of the Parties hereto. V. ENITRE AGREEMENT, WAIVERS, AND AMENDMENTS This Agreement comprises the entire understanding and agreement of the Parties. This Agreement integrates all of the terms and conditions mentioned herein or incidental hereto and supersedes all negotiations or previous agreements between the Parties with respect to all or any part of the subject matter thereof. Reimbursement Agreement Page 11 All waivers of the provision of this Agreement must be in writing and signed by the appropriate authorities of the MDC and City. VI. TIME FOR ACCEPTANCE OF AGREEMENT BY MDC The effective date of this Agreement shall be the date when this Agreement has been signed by both Parties. MERIDIAN DEVELOPMENT CORPORATION (MDC) By ave Winder, Chairman Attest C Sec tary Date Z Z CITY OF MERIDIAN (CITY) By Robert E. Simison, Mayor 2-6-2024 Attest City Clerk Chris Johnson 2-6-2024 Date 2-6-2024 Reimbursement Agreement Page 12 STATE OF IDAHO ) ) ss. County of Ada ) On this 14 'day of Ta4j,�� 20Z > before me the undersigned notary public in and for said county and state, personally appeared Dave Winder known or identified to me to be the Chairman of the MERIDIAN DEVELOPMENT CORPORATION, a public body corporate and politic, that executed the within instrument, and known to me to be the person that executed the within instrument on behalf of the said MDC and acknowledged to me that such MDC executed the same for the purposes herein contained. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. TODD M.LAKFY COMMISSION#62 485 _J NOTARY PUBLIC Notary Public for Idaho STATE OF IDAHO Residingat MY COMMISSION EXPIRES 1 Q/W2025 Commission Expires STATE OF IDAHO ) ) ss. County of Ada ) On this day of 20�, before me, the undersigned notary public in and for said county and stat , personally appeared Steve Vlassek known or identified to me to be the Secretary of the MERIDIAN DEVELOPMENT CORPORATION, the public body corporate and politic, that executed the within instrument, and known to me to be the person that executed the within instrument on behalf of the said MDC and acknowledged to me that such MDC executed the same for the purposes herein contained. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. EL TODD M,LAKEY COMMISSIONN2488 Notary Public for Ida 4L"'7 NOTARY PUBLIC Residing at I'�., - a, I: O STATE OF IDAHO g 4 IMY COMMISSION EXPIRES 10►/MM Commission Expires Reimbursement Agreement Page 13 STATE OF IDAHO ) ) ss. County of Ada ) On this 6th day of February , 2024, before me, the undersigned notary public in and for said county and state, personally appeared Robert E. Simison known or identified to me to be the Mayor of the City of Meridian, a public body corporate and politic, that executed the within instrument, and known to me to be the person that executed the within instrument on behalf of the City and acknowledged to me that such City executed the same for the purposes herein contained. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. Notary Public for Idaho Residing at Meridian, ID Commission Expires 3-28-2028 STATE OF IDAHO ) ) ss. County of Ada ) On this 6th day of February , 20 24 before me, the undersigned notary public in and for said county and state, personally appeared Chris Johnson known or identified to me to be the Clerk of the City of Meridian, a public body corporate and politic, that executed the within instrument, and known to me to be the person that executed the within instrument on behalf of the City and acknowledged to me that such City executed the same for the purposes herein contained. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. Notary Public for Idaho Residing at Meridian, ID Commission Expires 3-28-2028 Reimbursement Agreement Page 14 Attachment 1 — Legal Description and Map of Site Reimbursement Agreement Page 15 226431 JB/H COUNTYADA J.DAVID NAVARRO ROISE' D o : DEPUTY ne HOOPet RECMDED—REQUEST OF 1 Pioneer 103041454 A Pknumr CcaqwV IO C OF ADA Cod 821 W.State St l Boise,Idaho 83702 (208)373-3744 CORPORATE WARRANTY DEED FOR VALUE RECEIVED, Farmers and Merchants State Bank a corporation duly organized and existing under the laws of the State of Idaho,gruntor,does hereby Grant,Bargain, Sell and Convey unto City of Meridian.a municipal corporation whose address is; 33 East Idaho, eridi 83642,grantee,the following described real estate,to-wit. Lots I,2,3,4 and 5 in Block 2 of Amended Plat of Rowan Addition to Meridian,according to the official plat thereof',filed in Book 2 of Plats at Page 52,official records of Ada County,Idaho. SUBJECT TO current years taxes, irrigation district assessment, public utility easements, subdivision, restrictions,U.S.patent reservations,easements of record and easements visible upon the said premises. TO HAVE AND TO HOLD The said premises,with their appurtenances unto the said Grantee,his heirs and assigns forever. And the said Grantor does hereby covenant to and with the said Grantee,that it is the owner in a fee simple of said premises;that they are free from all encumbrances and that it will warrant and defend the sarrie from all lawful claims whatsoever. IN WITNESS WHEREOF, The Grantor, pursuant to a resolution of its Board of Dirccoors has caused its corporate name to be hereunto subscribed by its officers this 26th day of February,2003. Farmers any arts State Bank STATE OF IDAO,County of Ada,ss. On this 26th y of February,in the yeaz of 2003,before nm the undersigned,a no public,perso 11 r 2 cLe-04 appeared known or identified to me to be the _ t t __-of the corpo ti that ecu d the instrument or the person/persons who ex tted the ins nt on behalf of said corporation,and acknowledged to ire that such corporation execute e. o Y:try Public of IDAHO R 11,11iding at Boise,Idaho ission expires: March 17,2003 /800 »rah, P ID Al - Page 1 ADA COUNTY RECORDER Chdolopher 00 D . Rich AMOUNT ► 1 . REQUEST * 16 PM DEPUTY V1CkJ Allen RECORDED am RECORDING REQUESTED B Y AND WHEN RECORDED RETURN TO. Joe Borlon Borlon La key Law Offices 1310 N. Main .Sr. Men ian, ID 83713 ( Space Above For Recorder ' s Use) QUITCLAIM DEED For goo valuable co si eraio e recei of is i ere y c e , The Meridian Development Corporation , the Urban Renewal Agency for the City of Meridian , ( " does hereby release and forever quitclaim unto The Meridian Development Corporation , the Urban Renewal Agency for the City of Meridian " " ) , whose address is 33 East Broadway Ave . , Meridian, Idaho 83642 , and its heirs , successors si s forever, all right, tine interest is Grantor no as or y er r c ire i the ro situate in Co nty, tate o o, an ore is r escri e o Exhibit "A " attached hereto and incorporated y this reference , TO HAVE AND TO HOLD , all and singular the said real property, together with all appurtenances , tenements, hereditaments , reversions , remainders , rents , issues, profits , rlghts- of4ay, and water rights i anywise appertaining tote real property herein described , as wellin law as in equity, unto Grantee, and to its heirs, successors and assigns forever . WITNESS the hand of said for this dayof0 Grantor . MERIDIANT CORPORATION By : � f:::: j It Pik 1pal , Chairman Quitclaim e — Pg . I Al - Pace 2 STATE OF } ss. County of Ada ) On this :M'S� y o20 before e a notary public, personally ap eared Julie i ,&Loawinr identified­to­mme,to be the Chairman of the coWration that executed the instrument or the person who executed the instrument on behalfof said corporation,and acknowledged to me that such corporation executed e same. Y d r C -U— Notary l Ublic for l a o ' Residing o Commission Expires: .- �an t «so 0 �. '�® � evel . � Quitclaim need—Pg.2 Al — Page EXHIBIT BOUNDARY DESCRIPTION FOR AM MAN DEVELOPMENT CORPORATION PARCELI A parreJ located in Governmcat Ixt 3 and the NE 1/of the SW Y.of Soc6on 7,Towa&Wp 3 Notch.Range l Baal,Boise Meridian,and being Lot g of Block 6 of the,AMENDED PLAT OF TO SITE OF.VMDrAN as shown in Book I of Plats at Page 30 in the office of the Recorder, Ada County,Idaho and Lets 61 7,8,9 and 10 of Block.2 of the AMENDED PLAT OF ROWAN ADDITION as shmm in Book 2 of Plats at PW 52 in said office of the Recordm more Wicularly desed'hed as follows: BEGINNING at a 99 inch diwneter iron pin marking the southeastedy comer of said Lot 10; e N 88* 224"W along the southerly boundary of said.Lot 9 of Block 6 find Lots 6.7,8, and 10 of Block 2 a distmxv of 195.76&d to a 5i8 inch diameter imn the southwesterly rly comes of said tot 9 of Block 6; Thenm N 0°7.8.34"F alcmg the wcgtc7iy boundary of said Lot 9 of Blo&6 a distanm of 120.10 ftet to a 519 inch di of iron pin marking the northwco:ly comer of said Lot 9 of Blo&6; lbeaoae S 881,42'46"B along the nartbmiy boundaty of said IM 9 of Block 6 wid Lets 6,7,8,9 and 10 of Block 2 a distar=of 197.62 feet to a 518 inch diameter iron pin marking the northeasterly comer of said I.ot 10: ?beam S l021'54"W along the ly ary of said Lot 10 a distanca of 120.11 fee to the POINT OF BEGINNING. This parcel contains 0.542 acre and is st*ject to any eamments exisfing or bi use. Pmpare d by: Glenn K.Bennett,P1.S civil Survey Conwlbmu,In 3wc 272 2011 ' Al - Page now y.?'�p i Ftw 4 b Value e d ! A ,,rVMjYE C. WJJR I hmm 1IF 3 _ CM or PURIDIM8 M0,312 INTPIDImir ImntIV- , 7 ard a Wd Lhe o 8.5 feet of tron South 30 reco., of Ict 60 AM in l Clumm&watsm Cr KOMM03, plat thUMC. (I jCd in I Ir plats at Par log Of F Icial Ada MkCItYs 4 O S r a.. dDii= h'9C 1 pr=lscsa lta=sv levies, and im= �_=ftzv U. S. fttOlt MMMUGMir N _a __ - - wVr- a • OV w s Cati rarchr t1 . e o-o r 0 1�i '�. ...� #Y a �...dR.9 #R+�+►4�. �.-:-a.• rrxxes -ftllptt • �. 41 to r On 7hi:; day of rwmh , SW-TC C, IQVWEF4o e �� d to the !� ai' P.-sul Ur Idaho Fmidirg at WWI ld-§�* *• W First American Title Compatky of ldcdla 1 �-Page 5 10 J<r fl� t,4 O beg o �� 2R. � D IR �kyg i fen) IL -N IRN a 9 + cn qK LIQ �, o � a O It cr � W � z Wuj lorrJ W ' .cz9�r �_rs;tit s O q �� Cw" Is jar*44 0lu lk WVIW VU4r*4 .01 VCJ Ilk Rl At y� z V) .00 wo 3 oc.?")v Ln Eel vow VI 4. W (,0!11 WWI 3 Imsr.0 :L Cie.+ A] -Page 6 Attachment 2 — Reimbursable Public Improvements Generally , the objective of the funding of the Reimbursable Public Improvements is to fund those activities which comply with the eligibility criteria set forth in the Idaho Urban Renewal Law , the Idaho Economic Development Act and the Plan . The construction of the Reimbursable Public Improvements shall comply with the Submittals and requirements of the MDC , City , NMID , ACHD and other public agencies as applicable . Copies of all plans , drawings and specifications are to be submitted to MDC . In consideration of City ' s compliance with the foregoing as well as the terms and conditions of this Agreement , the MDC shall reimburse City for the Reimbursable Public Improvements which pertain to the relocation of the Hunter Lateral as provided in this Agreement . MDC shall reimburse City for the reasonable and actual costs of a portion of the Reimbursable Public Improvements however the total amount of reimbursement provided by MDC under this Agreement shall not exceed $ 800 , 970 . 00 . Reimbursement payments as described in this Agreement from MDC to City shall be made to City only after MDC actually receives tax increment funds from the Site and after MDC has determined that City has submitted the required information and documentation supporting their request and the request in is compliance with this Agreement . The Reimbursable Public Improvements will be completed by the City on or before June 30 , 2024 . A more detailed list of the Reimbursable Public Improvements is is below . Reimbursement Agreement Page 16 Bid Form Contractor: Project: Hunter Lateral Relocation-Meridian Civic Block Item ISPWC Item No. Number Description Qty Unit Unit Cost Extended Cost General Conditions 1 2010.4.1.A.1 Mobilization 1 LS $ - $ - 2 1103.4.1.A.1 Construction Traffic Control 1 LS $ $ 3 SP 20013 Construction Survey&Staking 1 LS $ - $ - 4 1001.4.1.A.1 SWPPP/Erosion Control 1 LS $ Sitework 1 0201.4.1.C.1 Removal of Obstructions 1 LS $ - $ - 0201.4.1.D.1 Removal of Concrete/Asphalt 1027 SY $ $ 3 0201.4.1.D.2 Removal of Landscape/Irrigation 308 SY $ - $ - 4 0201.4.1.E.1 Removal of Curb&Gutter 556 LF $ - 5 0201.4.1.E.2 Removal of Storm Drain 115 LF $ - $ - 6 0202.4.5.A.1 Unsuitable Material Excavation (allowance) 300 CY $ - $ - 7 0401.4.1.A.1 Water Main with Sleeve-Size 10" 25 LF $ - $ - 8 0601.4.1.A.5 Storm Drain Pipe-Size 12 C-900 PVC 54 LF $ 9 0602.4.1.A.1 Gravity Irrigation pipe-Size 301,HDPE 529 LF $ - $ - 10 0602.4.1.C.1 Storm Drain Catch Manhole-Size 481, 1 EA $ $ - 11 0602.4.1.C.2 Storm Drain Catch Basin-Size 30" 3 EA $ - $ - 12 0602.4.1.M1 Cast-in-Place Irrigation Box-Size 1'1'x6' 1 EA $ $ - 13 0602.4.1.M.2 Cast-in-Place Irrigation Box-Size 6'x6' 3 EA $ - $ - 14 0706.41.G.1 Concrete Repair 17 SY $ $ 15 0810.4.1.A.3 Plant Mix Pavement, SP-3 444 SY $ - $ - 16 1135.01.01 Roadside Traffic Sign Installation (One Metal Post) 1 EA $ 17 1135.01.06 Remove and Salvage Roadside Sign 1 EA $ - $ - 18 2030.4.1.D.1 Miscellaneous Utility,Adjust to Grade 3 EA $ 19 SP 08112 Temporary Asphalt Curb, Size 6-in 510 LF $ - $ - 20 SP 20035 Remove&Salvage to Property Owner 1 LS $ - $ 21 SSP 29067B Repair Landscaping&Irrigation 50 SY $ - $ - Total Bid $ - Page 1 of 1 ��� Z09E9 OHVOI'NVIOId3W dflOH9 N rylj Y �7 � 0 O z ue1 pe o It I ONVI P,O�m •- .p. w �.� 4 �o ��n� ue� iaa -uo� eao a �aa�e aa�unH s b �74 w " 1-b LON 3 H I $ w �1 w O 1S OC 3 s W o W a 1S atfL -�u 15 MNIY'3 ,�``�'s A .22 a' �TT�i� C CC .iL ■' Sc" Sc`" m s E =�i$ d cn ca o w w c$o Q Q Q o¢o¢Q !O LI 1 1 1( l l III"ICI p W i ■'a `va ami •C7 �� O w w F F6 $6 - d. 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