Plymouth Board of Works members approved a Memorandum of Understanding (MOU) between the Marshall County Economic Development Corporation and the City of Plymouth when they met Monday night.
The MOU is related to the Miller Drive Project which includes the construction of Aquatics Center, Marshall County Community Foundation Offices and Early Childhood Learning Center.
According to Clerk-Treasurer Jeanine Xaver, the document indicates that the city agrees to waive any applicable building permit fees and the placement of financial guarantees for the construction of drainage and stormwater systems.
City Attorney Sean Surrisi explained that typically, financial guarantees are paid in advance but with some public projects city officials waive that requirement. He mentioned that the City previously entered into a similar agreement with the school corporation when they put in the Astroturf football field a few years ago.
For their portion of the Memorandum of Understanding, the MCEDC agreed that they intend to begin construction of the facilities sometime around June of this year and that they will fully cooperate with City staff throughout the construction process.
It also states that the MCEDC will construct the facilities, including applicable drainage and stormwater infrastructure, according to approved plans within 13 months of the date of the MOU, which is dated May 21st, 2018.
