Fee Reimbursement Deal Approved for Temecula Valley Toyota Service Project
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Description
The City of Temecula approved a fee reimbursement agreement with Oremor of Temecula, LLC, DBA Temecula Valley Toyota. The agreement reimburses up to $250,000 in fees for a service facility project, subject to performance and multiple financial caps, until June 30, 2028, or later if extended.
Contract Details
Contract Amount
Up to $250,000 (multiple cap limits: $600,000 or 2% of construction, but max $250,000)
Vendor
OREMOR OF TEMECULA LLC DBA TEMECULA VALLEY TOYOTA
Agency
City of Temecula, CA
Contract Type
OTHER
Document Date
November 18, 2025
Contract Term
November 18, 2025 – June 30, 2028 (may be extended to June 30, 2030)
Renewal Date
2028-06-30
Renewal Info
Agreement may be extended beyond June 30, 2028, by written action of the City Manager, but not past June 30, 2030. No automatic renewal; extensions require written agreement.
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