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HomeMy WebLinkAboutCampbell Letter of Understanding Signed by Mayor and Scott CampbellO�pE %E SRC w; .e CITY OF v o REXBURG Americas Family Community January 13, 2015 Scott Campbell 164 W 1 "N Rexburg, ID 83440 Reference: Local Improvement District Account 4401- 0015/16/17 Letter of Understanding /Agreement Dear Mr. Campbell: Enclosed you will find the final estimated costs for the improvements made on your Properties located at or adjacent to 164 W 1" North along with a notice regarding a public hearing to finalize such costs and close cut -he Local Improvement District (LID). The final cost for the improvements made was $ 38,793.15 for all three parcels. As per our verbal agreement on 10/23/14, you are responsible for the payment of these bills as long as we are unable to abandon the single railroad spur on the east side of 1" North. However, it is the Cities intention to work with you and Eastern Idaho Railroad representatives to abandon the railroad spur on the east side, which if it happens, will result in the City being responsible for the payment of the $38,793.15 of improvements. We expect to come to an agreement to abandon the line, at which time the City will remove the track in the street right of way and on your parcels as necessary or requested. The removed track will be left on one of the 3 parcels as you designate for your future use or disposal. If you are in agreement to abandon the track and allow the City of Rexburg to remove the line and replace the asphalt at their cost, please sign below and return this agreement to the City of Rexburg, which the city will than forward to Eastern Idaho Railroad with a timeframe of when the work will occur as they requested in our meeting 10/23/14 via telephone. Sincerely, WAA� Matthew Nielson Enclosure (i) -/1 Mayor Richard Woodland Date Scott Campbell Date Matthew Nielson Chie(Firtmrcial Offixr 35Ni" F,Rexburgll),83440 RO.Box280 matter @rexburg.org wjs""exhurg.org Phwre (208) 372 -2343 Fax X208) 359.3022