ADVERTISEMENT: REQUEST FOR PROPOSALS (RFP) E. BOWER STREET PROJECT 2026 Separate sealed proposals will be received by the Board of Commissioners of the Urban Renewal Agency of the City of Meridian, a.k.a., the Meridian Development Corporation ("MDC") for the development of the E. Bower Street Project on property consisting of two parcels located generally at 140 E. Bower St., Meridian, Idaho 83642. All proposals must be submitted electronically to Ashley Squyres, Administrator for the Meridian Development Corporation, who will be acting as the Project Representative. All proposals must be submitted by 5:00 p.m. local time, on August 31st, 2026. Questions regarding the subject properties or this RFP are to be submitted in writing to the Project Representative (see below) and must be received no later 5:00 p.m. on August 17, 2026. Written responses to questions timely submitted will be sent via email to the party submitting the question and those that picked up an information packet. Those that desire to receive an information packet regarding the RFP must complete and submit an RFP Acknowledgment Form to the Project Representative. The Acknowledgment Form and information packet regarding the property may be obtained from the Project Representative via email at the address below. All inquiries regarding this RFP should be directed to: Project Representative: Ashley Squyres Meridian Development Corporation Administrator Phone: (208) 830-7786 Email: meridiandevelopmentcorporation@gmail.com All proposals must be signed by the individual authorized to act on behalf of the submitting entity or, if an individual, the individual submitting the proposal. The Proposal must include the name, mailing address, telephone number and email of the contact person regarding the proposal. MDC reserves the right to reject any or all proposals, any alternatives contained therein, to waive any informalities or irregularities, and/or to accept the proposal or alternative within a proposal deemed by MDC to be in the best interest of the public and the Meridian Development Corporation. All proposals will be valid for 90 days following the due date. Following selection of a successful proposal(s) MDC will commence negotiations with the selected party or parties. If negotiations are not successful with a party initially selected, MDC may select another proposal and pursue negotiations with that party and if those negotiations are not successful proceed similarly through the proposals until an agreement is negotiated or MDC determines it is not in the best interest of MDC pursue further negotiations on any of the remaining proposals. MERIDIAN DEVELOPMENT CORPORATION Ashley Squyres, Administrator IPL0353886 Jul 1 2026