The Eagle Urban Renewal Agency on Oct. 21 approved a $65,112 reimbursement agreement to help fund three‑phase power service and alley repaving for a three‑story mixed‑use project at 148 East State Street.
The agency adopted Resolution No. 25‑020, authorizing the reimbursement agreement between the URA and applicants Steve and Meg Glasgow and empowering board officers and the executive director to implement the agreement. The board set a project completion date of April 30, 2026, with an additional deadline of June 30, 2026, to finish billing and close out reimbursements. The board’s roll call vote was recorded as unanimous.
Why it matters: The Glascows plan a three‑story building with a roughly 3,000‑square‑foot restaurant on the ground floor and two condominiums above. Agency staff and the applicants said the public improvements — adding three‑phase power at alley poles and repaving the alley after installing underground conduit — will support not only the Glascows’ project but future downtown development on that block.
Meg Glasgow, one of the applicants, described the project as “very personal, very important” and said the site had been a blighted lot before the couple purchased it in 2019. She told the board the application covers costs for conduit the developer must install to prepare for Idaho Power’s transformer work and the resurfacing that follows. “This service is not only our project, but any future development in the downtown core and that block,” she said.
Steve Glasgow said the applicants had deposited about $42,400 with Idaho Power to initiate design and scheduling; once Idaho Power starts work, the applicants expect the utility’s portion to take four to six weeks. The applicants told the URA they plan to repave the alley from property line to property line and that the alley paving will support future parking and access needs as downtown continues to develop.
URA commissioners asked applicants to consider paving the full 16‑foot right‑of‑way (one board member noted the application currently contemplated a 12‑foot paving width) and discussed winter paving timelines; the board moved the project completion date to April 30, 2026, and allowed extra months to finish billing.
The board’s resolution authorizes the chairman, vice chairman and secretary to sign the agreement and directs agency staff to take necessary implementation steps. The motion to approve the resolution was seconded and carried unanimously on a roll call vote.
The Glascows’ application packet estimated broader long‑term tax‑base gains from the redevelopment, but the URA said the reimbursement amount requested is intended specifically to cover the cost of the power and conduit work plus alley repaving. The URA also directed staff to ensure the agreement’s project completion and billing deadlines are clear in the final contract.
What’s next: The applicants and agency staff said Idaho Power’s scheduling and work are a critical path item; the applicants asked for a March–April 2026 construction window and accepted the board’s April 30, 2026 completion date with additional months for billing.