Memorandum of UndersandingULC MANAGEMENT ···· 6104 N. GARY LANE ···· BOISE, IDAHO 83714
(208) 861-5220 ···· BUNGER@ULCMANAGEMENT.COM
MEMORANDUM OF UNDERSTANDING
March 31, 2014
This a Memorandum of Understanding is between CS2, LLC (Developer), the developer of
Bienville Square #3 (Centre Point Square) and the Jackson Square Homeowners Association
(Association), Lots 1-22 & Lot 24, Block 1, and Lots 1-35, Block 2 of Bienville Square
Subdivision a recorded Plat in Book 102 of Plats at Pages 13,495 thru 13,498 in the records of
Ada County, Idaho, where as the following items are memorialized:
1. The Developer agrees to prepare and record such legal documents to remove the Association
from any maintenance obligations and liability for the private roads (E. Picard Lane, E.
Bourbon Lane, N. Cajun Lane) located within Bienville Square Subdivision. Said document
to be approved by the Association and recorded prior to Final Plat approval by The City of
Meridian.
2. The Developer agrees to install two (2) Meridian Fire Department approved traffic calming
devices (Speed Cushions) on E. Picard Lane and one (1) Meridian Fire Department approved
traffic calming devices (Speed Cushions) on E. Bourbon Lane as a part of the Centre Point
Square construction. These Speed Cushions are to be installed as a deterrent to “cut through
traffic” and to facilitate the reduction of vehicular speed on E. Picard Lane and E. Bourbon
Lane.
3. The Developer agrees to make repairs to the existing pathway located on Lot 22, Block 1,
Bienville Square Subdivision where adjacent to the proposed Centre Point Square
development.
4. In exchange for the Developer agreeing to items 1-3 above, the Association agrees to support
the Developer’s applications (PP 13-042 and MDA 13-025) currently before The City of
Meridian.
The Developer agrees that items 1-3 above may become a part of the PP 13-042 Application
“Conditions of Approval” to assure that these items are completed prior to Final acceptance of
Centre Point Square development by The City of Meridian.
____________________________ _____________________________
Cory Swain Date Date
Manager, CS2, LLC President, Jackson Square HOA