Caldwell Executive Airport City of Caldwell, Idaho

INTRODUCTION The Caldwell Executive Airport of the City of Caldwell, Idaho, hereinafter referred to as (“ Airport ”) is requesting proposals from interested parties in serving as the developer of the property located generally westerly Interstate 84 with frontage availability on Aviation Way in the municipality of Caldwell (the “ subject property ” or “ property ”). Responsive proposals to this request (“ RFP ”) must demonstrate financial capacity and a workable planning and business framework for the redevelopment of the subject property into a robust addition to the ongoing redevelopment of the Airport. Preference is given to projects that enable the Airport to maintain compliance with FAA-mandated Grant Assurances. Development must be consistent with the vision and other principles described herein and in the Airports Plan, a copy of which can be obtained by contacting the Caldwell Director of Aviation. This RFP is a competitive proposal process. After reviewing the responses to this RFP and potentially interviewing parties who have submitted responses (“ Developers ”), the Airport anticipates selecting one responding team (“ Preferred Developer ”). The process and criteria that will be used to make the selection are described herein. Airport and the Preferred Developer will negotiate in good faith to reach an agreement on the development requirements and execute a Disposition and Development Agreement (“ DDA ” or “ Contract ”) that sets out the terms for the parties to move forward. The DDA will define business terms as well as the process by which the Airport and the Preferred Developer will work collaboratively to implement the project. The Airport will establish terms and conditions for exclusive negotiations, clarify the parties’ respective roles and responsibilities, set out pre-development activities, establish timeframes, and provide key terms and conditions for the sale of the subject property.