OTHERAPPROVED

Meridian, MDC Discuss Downtown Property Transfer

The City of Meridian discussed a memorandum of agreement with Meridian Development Corporation for transfer of the property at 226 E. Broadway Avenue. The no-cost transfer includes reversion terms tied to development timing and assignment of existing parking space use agreements.

Document date · September 8, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
OTHER
Renewal date
2026-09-08
Renewal
Agreement is effective only upon approval by the City Council and MDC Board. It may be amended only in writing, and either party may terminate prior to transfer. Reversion applies if the property is not developed during the urban renewal district period, with a 12-month extension if the district expires or is terminated.
Document type
Agenda
Source document
City of Meridian Agenda 2026-09-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Meridian?

Meridian Development Corporation was awarded this government contract by City of Meridian, as recorded on September 8, 2026.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Meridian Agenda 2026-09-08 (Agenda), dated September 8, 2026 from City of Meridian. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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