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Memorandum of Understanding with Meridian HUB, LLC for Idaho Power Easement in Centennial ParkMEMORANDUM OF UNDERSTANDING REGARDING THE CITY COUNCIL APPROVAL OF THE IDAHO POWER EASEMENT IN CENTENNIAL PARK BETWEEN MERIDIAN HUB, LLC AND THE CITY OF MERIDIAN THIS MEMORANDUM OF UNDERSTANDING is made and entered into this a� day of April, 2009, by and between Meridian Hub, LLC (Meridian Hub, LLC) and The City of Meridian, Idaho (City), to establish a mutual understanding the conditions of approval of an Idaho Power Easement in Meridian's Centennial Park. WHEREAS, Meridian Hub, LLC is developing a commercial and retail project known as "The Hub" on the property south of Centennial Park in downtown Meridian; and WHEREAS, current and future development in the area of Centennial Park requires the installation of underground utilities and the locating of sector and transformer boxes; and WHEREAS, Meridian Hub, LLC and Idaho Power have proposed to locate the sector and transformer boxes in an area of Centennial Park adjacent to the alley; and WHEREAS, Meridian Hub, LLC has entered into an Early Entry Agreement with the Meridian Development Corporation to receive reimbursement for expenses incurred in the relocation of the utilities associated with the Project; and MEMORANDUM OF UNDERSTANDING - 1 of 4 WHEREAS, in order to accommodate the location of the sector and transformer boxes in Centennial Park, Idaho Power has prepared utility easement for execution by the City of Meridian as Grantor; and WHEREAS, the location of the sector and transformer boxes in Centennial Park reduces the usable area in the park; and WHEREAS, The Meridian City Council considered the Idaho Power easement at their regularly scheduled meeting of December 16, 2008 and placed certain conditions on the approval of the Idaho Power easement; and WHEREAS, the conditions of approval for the Idaho Power easement are to be fulfilled by Meridian Hub, LLC. NOW, THEREFORE, the parties hereby agree as follows: 1. City agrees to immediately execute the Idaho Power Utility easement in Centennial Park, a copy of which is attached to this MOU and incorporated herein by this reference. 2. Meridian Hub, LLC, at no expense to City, agrees to provide or make necessary arrangements to provide all labor and materials necessary to remove the power pole behind the building formerly occupied by the Boys and Girls Club and re - feed power to the building underground. 3. Meridian Hub, LLC agrees to construct a split block CMU enclosure five feet in height around the sector and transformer boxes. The design and construction of the enclosure shall be consistent with the drawing provided by Johnson Architects, attached to this MOU as an exhibit and incorporated herein. 4. Meridian Hub, LLC agrees to apply a clear anti -graffiti coating to the split face block according to specifications approved in writing by the City's Department of Parks and Recreation. 5. Meridian Hub, LLC agrees to install screening -type landscaping materials on the west, north, and east side of the block enclosure according to a landscape plan as approved in writing by the City's Department of Parks and Recreation. 6. Meridian Hub, LLC agrees to make best efforts to communicate with ESI the City's desire to add piping to the electrical ditch to allow for future landscape water. The labor and irrigation piping will be provided by City, through its Parks Department. 7. Meridian Hub, LLC's obligations under this agreement shall be fulfilled concurrently with the Hub development. MEMORANDUM OF UNDERSTANDING - 2 of 4 8. In the event that Meridian Hub, LLC fails to fulfill its obligations under this agreement, City reserves the right to utilize any available legal remedy, including actions for damages or specific performance. 9. If a suit, action, or other proceeding arising out of or related to this MOU is instituted by any party, the prevailing party shall be entitled to recover its reasonable attorney fees, expert witness fees, and costs (i) incurred in any settlement negotiations, (ii) incurred in preparing for, prosecuting or defending any suit, action, or other proceeding, and (iii) incurred in preparing for, prosecuting or defending any appeal of any suit, action, or other proceeding. For the purpose of this section, "attorney fees" shall mean and include (i) attorney fees and (ii) paralegal fees. This section shall survive and remain enforceable notwithstanding any rescission of this MOU or a determination by a court of competent jurisdiction that all or any portion of the remainder of this MOU is void, illegal, or against public policy. 10. This MOU shall be construed and interpreted in accordance with the laws of the State of Idaho. The parties agree that the courts of Idaho shall have exclusive jurisdiction and agree that Ada County is the proper venue. 11. Time is of the essence with respect to the obligations to be performed under this MOU 12. Except as expressly provided in this MOU, and to the extent permitted by law, any remedies described in this MOU are cumulative and not alternative to any other remedies available at law or in equity. 13.The failure or neglect of a party to enforce any remedy available by reason of the failure of the other party to observe or perform a term or condition set forth in this MOU shall not constitute a waiver of such term or condition. A waiver by a party (i) shall not affect any term or condition other than the one specified in such waiver, and (ii) shall waive a specified term or condition only for the time and in a manner specifically stated in the waiver. 14. Subject to any express provisions in this MOU regarding restrictions on transfers or assignments, this MOU shall be binding upon and inure to the benefit of the parties and their respective successors, assigns, heirs, personal representatives, purchasers, or transferees of any kind. 15. The city will own and maintain the enclosure. Meridian Hub, LLC through their contractor will provide a one year warranty on the construction of the enclosure. MEMORANDUM OF UNDERSTANDING - 3 of 4 IN WITNESS WHEREOF, the parties do execute this Memorandum of Understanding the day and year first above written. Meridian Hub, LLC. By ,a A Mike McCabe, Managerl 2 slo CITY OF MERIDIAN, IDAHO By: '- - � z 2 � �&-: /�� 0 V I Tammy de W71 , Mayor Attest: ���pF M��®®-:,,,fes ayceedl. Holman, City Clergy bo`� MEMORANDUM OF UNDERSTANDING - 4 of 4 AA42AC0QPCcf=ww Pw"4"_WR- I For County Recorder's Use Only i Easement --Organization C e±y o4P fAe-r Z&. air. smKa w __Tdtslime, Corporuf'*�Grantor(s)", of AAdL County, State of—:V7tRa6%n , do hereby grant and convey to IDAHO POWER COMPANY, a Corporation, with its principal office located at 1221 W. Idaho Street, Boise, Idaho, 83702 (P.O. Box 70, Boise, ID 83707), its licensees, successors, and assigns, (collectively, "Grantee"), for One Dollar and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, a permanent and perpetual easement and right of way, at all times sufficient in width for the installation, erection, continued operation, maintenance, repair, alteration, inspection and/or replacement of the following: Underground Facilities: Underground electrical power line or lines and related facilities and equipment, generally including, but not limited to, buried power lines and wires, above -ground pad -mounted transformers, junction boxes, cables, conduits, other equipment, and all related appurtenances, any of which may extend above ground, in certain locations to be determined by Grantee at Grantee's sole and absolute discretion (all of the above collectively being referred to as the "Facilities") together with the right to permit the attachment and/or use or placement of the wires, fixtures, cables and conduits of other companies or parties (all of the same being included within the definition of "Facilities"), on, over, through, under, and across the following premises belonging to Grantor(s) in a County, State of �Aako , in the location described below; Grantee is hereby also granted the perpetual right of ingress and egress over Grantor's other property necessary for the full and complete use, occupation, and enjoyment of the easement hereby granted, and together with all rights and privileges incident thereto, including, but not limited to, (i) the right, at Grantee's expense, to excavate and refill ditches and trenches for the location of the Facilities, (ii) the right, at Grantee's expense, to cut, trim, and remove trees, brush, bushes, sod, flowers, shrubbery, overhanging branches and other obstructions and improvements which may injure or interfere with Grantee's use, occupation, or enjoyment of this easement, and (iii) the right, at Grantee's expense, to install, construct, operate, inspect, alter, maintain, replace, improve and repair any and all aspects of Grantee's Facilities over, through, under and across the lands subject to this easement. � f The location of the easement and right of way granted herein is described as follows: S&-a—..?.tiCl�:da� A Kees+ - Grantor shall not alter the grade or elevation of the land within the right-of-way existing on the date hereof through excavations, grading, installation of berms, or other activities without the prior written approval of Grantee. Grantor shall not place nor build any structure(s) within the easement area except fences and except as otherwise approved by Grantee in writing. This Easement shall run with the land and be binding upon the parties' successors and assigns. Executed and delivered this day of , Checked by _ Work Order # Signa e(s) of Grantor(s) (Include ' e where applicable): ROW 033 (9/07) Page 1 of 2 Person Acknowledging Instrument Unknown To Notary But Proven To Be The Signer By Satisfactory Identification STATE OF n O ss. COUNTY OF On this 5 ` day of mz , 20 Oq, before me (Notary's Name) —7% {� , YQ,ep'� a notary public, personally appeared ��i'YWIP Yt and (Individual(s) Name) proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument, and acknowledged to me that he/she/they executed the same. (NOTARY SEAL) ROW 033 (9/07) Page 2 of 2 - �113 a ffj4u—(�X� Notary Public ` My Commission Expires on1�— RENNISON FODREA, iNc. ENGINEERS -SURVEYORS -PLANNERS Date:12/8/2008 Fadu t "A" Power Line Easement A power line easement located in the NEI/4 of the SWV4 of Section 7, T. 3 N., R. i E., B.M., City of Meridian, Ada County, Idaho being a portion of Lott 4 and 5, Block 2, Amended Plat of Rowan Addition, Book 2, page 52, Plat records of said Ada County being more particularly damlmd as follows: Commencing at a found brass cap monamentmarking @ie paint of ikon ofthe centerlure of East Idaho Ave= and the cue of East Second Stott, Thence a bearing of S 88°43'11" E, a distance of 384.28 feet on said cntmline ofEast Idaho Avenue to a found 1/2 inch iron pin rnaddng the point ofinteniection of the interline of East Third Street and said centedine of East Idaho Avenue, Thence a bearing of S 01121'55" W, a distance of 160.11 feet on said cxntealine of East Thud Street to a point; Thence a bearing of N 88°42'40" W, a distance of 156.85 feet on the south boundary of Lois 1 t}mough 4 of said Block 2, Amended Plat of Rowan Addition and the easterly extension Unroof to a point on the south boundary of said Lot 4, Block 2, Amended Plat of Rowan Addition being the TRUE POINT OF BEGINNING Thence a bearing of N 88°42'40" W, a distance of 23.14 fejt on the south boundary of said Lots 4 and 5, Bloch 2, Amended Plat of Rowan Addition to a point; Thence a bearing of N 00°39'55" E, a distance of 9.00 feet to a point; Themes a bearing of S 88°42'40" E, a distance of 23.24 feet to a point; Thence a bearing of S 01 °17'24' W, a distance of 9.00 fed to the POINT OF BEGINNING. Said easement contains 208.75 sq. $ more or lease. 11t 1rJ �1% 1�• •l �.a 111 `t. `-7..' c 1 430 E. STATE ST., SUITE 140, EAGLE, IDAHO 83616 1 F", 208-938-24-40 m 200.938-2441 1 RENNISONFODREA.COM EAGLE . CASCADE ST ,F'T e PLAT to e 1 I iroAMENDED mERIAN t I t BOOK 1. PAGE 30i fI SOo 26'52'W 120.09'` 30 I �1 � 30"GI 30"GI t ti 1% t ; I or N. N0121 nt z N 1 qQq .� CE O I N Ngo LIQ I 8' 8' I I I N ..q a '1 O � N — 50121'55"W 120.10' I 40' ►v TfIIRD TrRIs'E'T o 5012155"W 16011' y� 176.11' _ —