Call to Order Motion to Amend Agenda Approval of Minutes 1. Approval of minutes for April 16 th regular meeting and May 8 th special meeting.

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1 AMENDED AGENDA Notice is hereby given THAT A REGULAR MEETING OF THE NAMPA DEVELOPMENT CORPORATION OF THE CITY OF NAMPA, IDAHO IS SCHEDULED FOR May 21 th, 2014, City of Nampa City Hall City Council Chambers 411 3rd St S, Nampa, ID Call to Order Motion to Amend Agenda Approval of Minutes 1. Approval of minutes for April 16 th regular meeting and May 8 th special meeting. New Business 1. Approval to transfer a portion of property at the corner of 11 th & 3 rd, and at 12 th & 3 rd to the City of Nampa right of way to allow for the installation of ADA ramps Engineering Division 2. Approval of Arbitrage Compliance Agreement Robin Collins 3. Approval of quote & to proceed with repairs of rental property Robin Collins 4. Library Square Budget Robin Collins 5. Approval of Contract for Parking Garage Equipment Robin Collins/Ken Fisher Parking Garage Control Equipment & Functionality Update Robin Collins/Ken Fisher 6. Library Square Project Status Update Ken Fisher 7. Finance Report and Approval of Payables Robin Collins Staff Communications 1. Discussion of NDC Property Robin Collins 2. Library Report & Discussion of FF&E Mark Rose 3. Legal Bill Nichols Executive Session: Executive Session Pursuant to Idaho Code (1)(d) to consider records that are exempt from disclosure as provided in chapter 3, title 9, Idaho Code, and Idaho Code (1)(e) to consider preliminary negotiations involving matters of trade or commerce in which the governing body is in competition with governing bodies in other states or nations. Adjourn Next regular scheduled meeting is June 18 th, 2014 To address the Nampa Development Corporation and for placement on the agenda, please contact Hope Collins, NDC Secretary, at Special assistance or accommodation is available to those in need upon request. Language interpretation may require advance notice.

2 REGULAR MEETING OF THE NAMPA DEVELOPMENT CORPORATION WEDNESDAY, APRIL 16, :00 PM CITY OF NAMPA HUGH NICHOLS PUBLIC SAFETY BUILDING- BUSTER BAKER MEETING ROOM ND ST. SOUTH CALL TO ORDER Board Chairman Randy Haverfield called the meeting to order at 3:02pm ROLL CALL The roll of the Board was taken with Commissioners Stephen Kren, Bruce Skaug, Paul Raymond, Randy Haverfield, Pam White, and David Bills present. APPROVAL OF MINUTES Commissioner David Bills moved to approve the minutes of the March 19 regular meeting. Commissioner Pam White seconded, vote taken with all in favor, motion carried. LIBRARY SQUARE BUDGET REPORT - ROBIN COLLINS Robin Collins presented an update to the Library Square budget showing the original budget amounts, current budget amounts, amounts paid to date, balances, invoices approved and paid the prior month, and a list of all invoices being presented before the Board for approval of payment. Although they were previously voted on, details of Change Orders 1 and 2 were also presented for the Commission s review. Ken Fisher went over the Scope of work for the month of March and reported on the progress made on the mechanical and roofing. He then gave a summary of next month s work plan and expected completion. Ken Fisher also reported on the success of the lessons learned workshop involving Idaho Power and ESI. Commissioner Pam White inquired as to how far ahead of schedule the estimated completion date of construction would be. Although the date of February 2015 is still the estimated date of completion, the next few months will give us a more firm expectation. Commissioner Raymond inquired about any contaminated soil or foundation issues in the private development section, and if so would that be a liability for the commercial developers or NDC. Ken Fisher reported that the DEQ has designated the site as a clean site, so there is no expectation that any issues would be found. FINANCE REPORT AND APPROVAL OF PAYABLES ROBIN COLLINS Robin Collins presented the check and deposit detail, including expenses for Library Square. At the Board s recommendation, staff will put together average anticipated utility costs for rentals per month and will look into any unnecessary financial institution charges. Commissioner David Bills moved to approve the financial report and approval of payables. Commissioner Paul Raymond seconded. A vote was taken with all in favor, motion carried. To address the Nampa Development Corporation and for placement on the agenda, please contact Hope Collins, NDC Secretary, at Special assistance or accommodation is available to those in need upon request. Language interpretation may require advance notice.

3 LIBRARY REPORT - MARK ROSE Mark Rose delivered a written letter to the Board addressing the future of the library and the possible affects political rhetoric may have on fundraising endeavors. Chairman Randy Haverfield suggested that this Council and NDC are unified in their approach and desire to see this project to be completed. The Commission requested that a budget for FF&E be presented on a monthly basis so they are able to be of greater support through this process. Chairman Randy Haverfield also requested that the Library Board provide a consolidated list of the FF&E items with a corresponding budget for review at May s Regular NDC Meeting. EXECUTIVE SESSION Executive Session Pursuant to Idaho Code (1) (b) To consider the evaluation, dismissal or disciplining of, or to hear complaints or charges brought against, a public officer, employee, staff member or individual agent, or public school student; and Idaho Code (1)(d) To consider records that are exempt from disclosure as provided in chapter 3, title 9, Idaho Code. Commissioner Bruce Skaug moved to direct legal counsel to move forward in making the Library Square Project a success. Commissioner Paul Raymond seconded the motion, a vote was taken with all in favor, motion carried. ADJOURNMENT Approved this day of, Chairman ATTEST: Secretary Next regular scheduled meeting May 21 st To address the Nampa Development Corporation and for placement on the agenda, please contact Hope Collins, NDC Secretary, at Special assistance or accommodation is available to those in need upon request. Language interpretation may require advance notice.

4 Notice is hereby given THAT A SPECIAL MEETING OF THE NAMPA DEVELOPMENT CORPORATION OF THE CITY OF NAMPA, IDAHO IS SCHEDULED FOR May 8 th, 2014, City of Nampa City Hall City Council Chambers 411 3rd St S, Nampa, ID CALL TO ORDER Board Chairman Randy Haverfield called the meeting to order at 3:04pm ROLL CALL The roll of the Board was taken with Commissioners Bruce Skaug, Paul Raymond, Randy Haverfield, and Pam White present. AWARD CONTRACT FOR AUDIO VISUAL EQUIPMENT The Commission reviewed the Contract with Integrity Audio Visual for Audio Visual Equipment. Commissioner Paul Raymond inquired about the quality of the low bid for Audio Visual Equipment. Claire Connelly explained that while they were pleasantly surprised by Integrity Audio Visual s bid, they examined all bids closely and found their bid to be the best value in price and service provided. Integrity Audio Visual was the lowest bidder and legal counsel has reviewed the contract. A motion was made by Commissioner Paul Raymond that a contract in the amount of $38, be awarded to Integrity Audio Visual for audio visual equipment. Commissioner Bruce Skaug seconded this motion, a vote was taken with all in favor, motion carries. AWARD CONTRACT FOR DATA COMMUNICATION EQUIPMENT The Commission reviewed the Contract with Precision Communications (PRECOM) for Data Cabling Equipment. Ken Fisher presented the amount and showed how it fit into the budget setaside for FF&E. This was the low bid and legal counsel has reviewed the contract. A motion was made by Commissioner Paul Raymond that a contract in the amount of $54,960 be awarded to Precision Communications (PRECOM) for data communication equipment. Commissioner Pam White seconded this motion, a vote was taken with all in favor, motion carries. ADJOURNMENT Commissioner Bruce Skaug motioned to adjourn the meeting at 3:39pm. Commissioner Pam White seconded this motion, a vote taken with all in favor, motion carried. To address the Nampa Development Corporation and for placement on the agenda, please contact Hope Collins, NDC Secretary, at Special assistance or accommodation is available to those in need upon request. Language interpretation may require advance notice.

5 Approved this day of, Chairman ATTEST: Secretary Next regular scheduled meeting is May 21 st, 2014 To address the Nampa Development Corporation and for placement on the agenda, please contact Hope Collins, NDC Secretary, at Special assistance or accommodation is available to those in need upon request. Language interpretation may require advance notice.

6 BUSINESS ITEM #1 Date: May 19, 2014 To: NDC Commissioners From: Robin Collins, Asst. Economic Development Director RE: CONVEYANCE OF PROPERTY FOR RIGHT OF WAY REQUEST Approve conveyance of 46 square feet of property (PND01) to the City of Nampa as right-of-way. OVERVIEW There are several intersection corners around the Library Block where construction of the new ADA ramps requires some additional square footage to be properly installed. One of these is the Washington Federal corner; the bank is in the process of donating the additional right-of-way that is needed. In one case, the City of Nampa owns the land at the northwest corner of 3rd Street South and 12th Avenue South. In the other case, NDC owns the land at the northwest corner of 3rd Street South and 11th Avenue South Legal descriptions and graphics are included in the attached documents. STAFF RECOMMENDATION Approve conveyance of 46 square feet of property (PND01) to the City of Nampa as right-of-way.

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13 April 25, 2014 Ms. Robin Collins, Assistant Economic Development Director City of Nampa Office of Economic Development, Idaho ("Issuer") 9 12th Avenue South Nampa, ID ENGAGEMENT LETTER FOR ARBITRAGE COMPLIANCE SERVICES CONTROL #2.00 $18,320, REVENUE ALLOCATION (TAX INCREMENT) BONDS, SERIES 2013 (LIBRARY SQUARE PROJECT) Arbitrage Compliance Specialists, Inc. ( ACS ) is pleased to present our fees to provide arbitrage compliance services for the Issuer. Our firm has distinctive legal and accounting experience with arbitrage compliance services dating back to the inception of the arbitrage rebate regulations of ACS is one of the most prominent and wellrespected providers of arbitrage compliance services in the nation. ACS staff members are accounting professionals who have extensive knowledge of governmental accounting, accounting allocation methods and legal interpretation skills to compute the lowest permissible liability allowed. We pride ourselves on our unprecedented commitment to each and every client we represent. ACS has provided a fee schedule to encompass the various elements that we may encounter during the calculations. ACS fees are derived by the number of years included in the calculation. The fee schedule listed on page 2 provides fees for reports covering the applicable periods. Each calculation includes both a legal opinion and a CPA opinion to provide assurance that the calculations were completed according to Section 148(f) of the Internal Revenue Code of 1986 that governs the arbitrage rebate requirements (the Tax Code ). We appreciate the opportunity to provide assistance to help the Issuer comply with the IRS arbitrage compliance requirements. As always, if we may be of further assistance or if there are any questions, please do not hesitate to call us at (800) ext Sincerely, Arbitrage Compliance Specialists, Inc. Robert Goubert, Vice President Please acknowledge acceptance of this engagement by signing and faxing this letter in its entirety to Arbitrage Compliance Specialists, Inc. at (800) or scanning and ing to Robert@rebatebyacs.com. Accepted by Signature Print Name, Title Date Page 1 of S. Quebec St. #205 Centennial, Colorado

14 Bond Compliance Program Services: Arbitrage Rebate Calculation Interim: 04/23/2013 to 04/23/2014 Arbitrage Rebate Calculation Interim: 04/23/2014 to 04/23/2015 Arbitrage Rebate Calculation Interim: 04/23/2015 to 04/23/2016 Arbitrage Rebate Calculation Interim: 04/23/2016 to 04/23/2017 Arbitrage Rebate Calculation 05th Year: 04/23/2017 to 04/23/2018 Fees $1, $ $ $ $ TOTAL $3, Arbitrage Rebate Calculation Services Comprehensive Arbitrage Compliance Analysis/Set-Up Yield Restriction Calculation (Per Report Period) Spending Exception Calculations (Per 6-Month Report Period) Commingled Funds and / or Transferred Proceeds Preparation of IRS Form 8038-T and IRS Filing Instructions Legal Services IRS Audit Assistance (For Bond Issues Completed By ACS) Post-Calculation Services Debt Compliance Monitoring Service Record Retention Service Included Included Included Included Included Included Included Included Calculation Services Support Services Review the documents related to the debt issue to include the Official Statement, Tax Certificate, IRS Form 8038-G and CPA Verification Report. Complete an in-depth analysis of the debt structure by our in-house tax attorney to determine if the debt issue is subject to rebate and/or yield restriction and identify applicable exceptions. Monitor IRS filing deadlines, election requirements and restricted periods in our database tracking system to ensure timely reporting. Perform the rebate, yield restriction/yield reduction or spending exception/penalty calculations in compliance with Internal Revenue Code of Provide calculations with legal opinion and CPA certified professional opinion that can be relied upon by the Issuer regarding the liability. The report will provide supporting documentation to include the calculation method employed, assumptions and conclusions. Prepare payment Form 8038-T with detailed filing instructions for accurate and timely filing to the IRS, if applicable. Discuss the report and findings to ensure a complete understanding of the procedures and recommendations in such report. Prepare a debt compliance monitoring schedule that identifies all-important relevant information by issue including prior calculations, liability amounts, future calculation due dates and important status notes. 9. Advise on how future changes in the Tax Code may affect the debt issue. 10. Provide technical assistance and consultation in matters related to the arbitrage compliance regulations. 11. Assist in the IRS record retention requirements, which include storage of records related to the debt issue. 12. Provide no cost audit support in the event of an IRS audit. Page 2 of 2

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23 NEW BUSINESS ITEM #5 Date: May 19, 2014 To: NDC Commissioners From: Robin Collins, Asst. Economic Development Director RE: PARKING GARAGE CONTROL EQUIPMENT This item is provided as an update on the type of parking control equipment that will be provided and installed within the Library Square Parking Garage. OVERVIEW The purchase and installation of parking garage control equipment is listed within the Design Build Agreement as part of Gardner s responsibility, and is included in the total overall $16M budgeted amount. The allowance for such equipment is $110,000. THERE IS NO ADDITIONAL COST TO NDC FOR THIS EQUIPMENT LISTED BELOW. The Project Team (Gardner, ESI, Library, and NDC) all worked together to ensure the functionality of the equipment is acceptable for the operation of the garage as outlined by NDC staff. Gardner sent out Request for Proposals to various venders who specialize in parking garage equipment controls. All vendors submitted bids based on the following information that was provided by the Project Team: BID SPECIFICATIONS: Type of System: Full Unattended System (no pay on foot) Equipment: Provide (4) total control arms, one at each point of entry and exit. Provide ticket dispenser at each entry point. Provide key-fob at each entry and each exit. Provide intercom call station connection to remote manned station in case of malfunction or customer assistance. Function: Patrons either use key-fob (employees, monthly fees, etc.) or pay at exit point. Vendors who submitted bid proposals were as follows: Fast Access $85,015 + install = $101,015 (now reduced to $88,586) ProTech Using Skidata $145,531 Amano McGann (basis of design) $190,055 The Project Team has reviewed all of the bids and has agreed that Gardner entering into a contract with Fast Access for the equipment is acceptable to meet our needs. All necessary infrastructures (conduits

24 for power and data) have been installed to accommodate the parking garage control equipment. There will be additional costs associated with the garage equipment that was not part of this bid and is the responsibility of NDC, such as; a new network server, and security/monitoring cameras, however; these items will be purchased with the cost savings that has already been seen with Fast Access. ADDITIONAL SYSTEM FEATURES OF THE SysParc Model TD-6030 Access control system will accommodate two different administrators so that two groups can input and delete users in the system. System will include a validating machine that will be located within the Library. This will allow validation to be added to the barcode tickets. Factory provides on-line training for the pay machines Units include built-in thermostatically controlled heaters One exit machine will accommodate express credit/debit cards only (card reader and software included). The express credit card only pay unit can be used at entry or exit. One exit machine will accommodate credit/debit/cash. The pay in line machine includes coin & bill to bill, and multiple denomination self-replenishing bank note (card reader and software included) Both entry ticket dispensers will accommodate key-fobs and proxy cards System can be programmed to customize hours of operation, along with fees for events. The system comes with an online system and will include Viking intercom systems so that monitoring can be done remotely online to assist customers. Master station 3-button w/release button Non-contact thermal print technology 2-second issue time 24VDC low voltage operation Internal batteries for operation during power outage Large back-lit LCD displays Date & Time OPERATIONS AND MAINTENANCE Staff is currently in the process of evaluating the overall costs and fees associated with operations and maintenance of the garage, along with various options for management control. This analysis and report will be available at the June meeting.

25 PROPERTY OWNED BY NAMPA DEVELOPMENT CORPORATION Current Assessed Address Directions Description Date of Purchase Previous Owner Parcel # Value Taxes Total Purchase Price th Avenue South old church building- VACANT 9/14/2009 City of Nampa Parcel $0.00 exempt th Avenue South Currently leased by Nampa Chamber of Commerce/ESI/Rodney Short 1/2 block along 11th Ave. S., between 2nd 1/11/2010 City of Nampa Parcel $392, $4, rd Street St. S. and 3rd St. S. Taco Time location 9/14/2009 City of Nampa Parcel $224, $2, th Avenue South Currently leased by Hands on Health 9/14/2009 City of Nampa Parcel $121, $1, th Ave. South Leased 9/14/2009 City of Nampa Parcel $38, $ nd St. S. corner of 2nd St. S. and 10th Ave. S. Existing Library Parking Lot off 2nd Street 9/14/2009 City of Nampa Parcel $0.00 exempt th Ave. S. corner of 2nd St. S. and 10th Ave. S. Existing Library Parking Lot off 2nd Street 9/14/2009 City of Nampa Parcel $0.00 exempt $3,885, for (7) parcels th Ave. S. Full block bounded by 11th Ave. S., 3rd Street S., 12th Ave. S., and 2nd Street S. Library Square Block 10/10/2012 City of Nampa Parcel $0.00 exempt

26 Current Rental Rates for NDC Properties Tenant Address Rent Utilities Chamber of Commerce th Ave South $0.00 Reimburses NDC based on square footage Hands on Health th Ave South $ Pays own Cornerstone Chiropractic th Ave South #C $ Reimburses NDC based on square footage SCR Northland/ Taco Time rd St. South $1, Pays own ESI th Ave. S. $ Reimburses NDC based on square footage TOTAL Rent Received PER MONTH $2, TOTAL Rent Received PER YEAR $34, TOTAL Taxes Paid PER YEAR Total Net Rent Annually $25,745.98