City of Merriam AgendaPacket Merriam Town Center CID Public Hearing 2026-05-18
Merriam Town Center CID Funding Agreement Approved
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Description
The City of Merriam approved a Funding Agreement with Merriam Center I, LLC and Merriam Center II, LLC, affiliated with The R.H. Johnson Company, requiring an initial $30,000 deposit to cover the City's staff, legal, and consultant costs for evaluating proposed CID and IRB incentives at Merriam Town Center. The agreement allows these costs to be reimbursed from CID revenues if the district is created and a redevelopment agreement is finalized.
Contract Details
Contract Amount
$30,000 initial deposit into fund (plus additional deposits as needed)
Vendor
R.H. JOHNSON COMPANY
Agency
City of Merriam, KS
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 18, 2026
Contract Term
Funding Agreement dated October 9, 2023; term continues through evaluation, negotiation, and potential administration of incentives until terminated or completed
Renewal Info
Agreement can be terminated by the City with 10 days' notice for nonpayment or by the Applicant if it decides not to proceed; upon termination, remaining fund balances are reconciled and any shortfall must be paid within 30 days.
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