HomeMy WebLinkAboutURA RES 2023-15RESOLUTION NO.
RESOLUTION AUTHORIZING A CONTRACT WITH COLLEGE OF IDAHO
FOR THE WOLFE FIELD HITTING FACILITY IN THE AMOUNT OF $2009000
BE IT HERE BY RESOLVED by the Chairman and Board of Commissioners of the
Urban Renewal Agency of the City of Caldwell, Idaho to approve the contract with the
College of Idaho for the Wolfe Field Hitting Facility in the amount of $200,000;
PASSED BY THE CALDWELL URBRAN RENEWAL COMMITTEE of the City
of Caldwell, Idaho this 1 lth day of September 2023.
APPROVED BY THE CHAIRMAN OF THE URBAN RENEWAL AGENCY OF
THE CITY OF CALDWELL, Idaho this I lth day of September 2023.
ATTEST:
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BINDING LETTER OF INTENT
This Binding Letter of Intent is ("LOT") is made this. 25th day"of.August, 2023 (the "Effective
Date"), by -and between the Caldwell Urban Renewal Agency; a duly formed urban. renewal agency
of the State :of Idaho; City,of -Caldwell,. ("CURA"), whose address'is 411 Blaine, P.O. Box 1.179,
Caldwell, .Idaho. 83605, and The. College of Idaho, Inc., an Idaho corporation and 50.1(c) private
.college C"College".), whose address is 21,12 Cleveland :Boulevard, Caldwell, Idaho 8M05.
WHEREAS,. the Urban Renewal. Agency of the City- of, Caldwell adopted an urbanrenewal
plan,. the Caldwell East Urban Renewal Plan (the "Plan") for certain real property, in the City of
`Caldwell (the `-`Plan Area"); and,
WHEREAS,, the CURA has undertaken urban renewal activities in the: Plan Area pursuant
to the Plan; an ,
WHEREAS,- that certain athletic facility commonly known as, Wolfe Field,. located at 2420
GHMI h's Pkwy, Caldwell,. ib 83.605, iss located. tdithin the .Plan Area; and,
WHEREAS, the CURA has. done .certain projects associated with Wolfe Field pursuant to
the Plan; and,
WHEREAS, the CURA has plazas :for the construction iof a batting. facility" to be utilized by
users of Wolfe: Field, to be ;located at Wolfe. Field;. and,
WHEREAS,- the College .is one of the users of WolfeViola., and,
WHEREAS, the College is interested in: the construction of a batting facility at Wolfe Field
and is willing to contribute funds to the construction thereof; :and,
WHEREAS,, the CURA desires. to enter into this Binding _Letter of Intent with the College
to set forth the general. obligationsof the Parties as to the construction of A. batting -facility at Wolfe
Field.
NOW) THEREFORE,, the parties hereto agree as follows:
1. CURA. shall. contribute up to two hundred :thousand .dollars ($200,000.00) toward actual
constructions costs for a batting. facility at Wolfe Field, Actual costs shall, be demonstrated
by the provision of teceipts by the College; of the CURA'showing monies paid by the College
for the construction of the batting facilty.:
2. College shall be responsible for obtainingall. initial funding necessary for the construction
of the batting facility, at Wolfe Field.
3. The College shall be responsible for all design, permitting, and construction of the batting
facility, along with the procurement of all materials therefor.
4. The contribution contemplated by section 1 above shall not made until design approval has
been granted by resolution of the CURA for the batting facility, which shall not be
unreasonably withheld.
5. This Binding Letter of Intent shall terminate one year from the effective date hereof.
AUNL
THE COLLEGE OF IDAHO
By. Richard W. Erne
Its: VP Finance and Administration
MEMORANDUM
TO: Caldwell Urban Renewal Agency
Meeting Date September 11_, 2023_
F ` AGENDA aITENtINFQRMATIQN
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Subject:
Facility Contract with College o Idaho
Hitting tY g f
Building Department
CBG
Clerk
City Attorney
Finance Department
X
RN
Human Resources
Planning & Zoning
Fire Department
Police Department
Public Works
Street Department
Water Department
WWTP
Engineering
Mapping
COSTIMPACT.
$200,000
Parks and Recreation
FUNDING
SOURCE:
URA
Airport
Information Systems
TIMELINE:
Golf Course
OTHER:
SUMMARYSTATEMENT,
This is a contract to obligate the funds for the Wolfe Field Hitting Facility to the College of Idaho.
RECOMMENDED ACTION:
Recommend approval of resolution