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HomeMy WebLinkAboutLate Comer Agreement with Lochsa Falls, LLC for Lochsa Falls Cross-site Sewer Line ExtensionADA COUNTY RECORDER J. DAVID NAVARRO AMOUNT .00 12 BOISE IDAH010118104 09:01 AM DEPUTY Joanne Hooper II I I I II II I I II I II II I I II II I II I ~I I II I ~I~ flECORDED-REQUEST OF 104132300 MERIDIAN CRY CROSS-SITE SEWER LIlVE EXTENSION LOCHSA FALLS LLC LATE COMERS AGREEMENT This Agreement made and entered into this Ul"l day of 2004, by and between LOCHSA FALLS LLC, an Idaho Limited Liability Company, hereafter referred to as "Lochsa", and the CTTY OF MERIDIAN, hereinafter referred to as "City." WITNESSETH: VVHEREAS, the City limits extend East of Ten Mile Road, but prior to this Agreement and the construction referred to herein, such azea was not provided sewer service by the City; and WHEREAS, Lochsa constructed a sewer line from an existing sewer line in Ten Mile Road and east to Linder Road, as shown in "Exhibit A", which sewer line is able to provide service to land north of McMillan Road, east of Ten Mile Road to the land shown in Exhibit "A" which is attached hereto and by this reference incorporated as if set forth in full; that the Total Service Area is approximately 1,681.84 acres which, if developed under the land use density projections shown on Exhibit "B", which is attached hereto and by this reference incorporated herein as if set forth in full, with land use densities shown on Exhibit "B", there would be 4,389 equivalent residential units (ERU} in the 1,681.84 acres; and WHEREAS, The Lochsa properties collectively consist of 704 ERU; that on the land not included in Lochsa's subdivision, there could be 2,863 ERU; and WHEREAS, the sewer line constructed by Lochsa will benefit land other than only the Lochsa Properties; that the land that can be served by the said sewer line is shown in Exhibit "A"; that the developable land that can be served by the sewer line could contain 4,389 ERU's; that the existing developed azeas that eventually connect to the sewer line serviced by the City will be subject to the late comer fees described herein; that b3.09% of the land not included the Lochsa Properties would be developed in ten years, the term that a late comers Agreement is allowed to run, and CROSS-SIT'E SEWER LINE LATE COMERS AGREEMENT Page 1 ~~OY ~ y1 WHEREAS, the total cost of constructing the said sewer line borne by Lochsa was, $320,952.63; whereas the sewer line will benefit the Lochsa Properties which could contain 704 ERU's, or 16.04% of the total area to be benefited by the construction of the sewer line; therefore the cost to Lochsa to construct the sewer line to and through the Lochsa Properties would be $51,474.25; that by subtracting this amount as the total Lochsa's cost share, the total cost to all late comers is $269,478.38; and then dividing by 63:09% of the remaining number of ERU's that could be served by the sewer line; and then adding 10% for City Administration Cost, there should be a late comers fee of $127.50, plus interest, per ERU as shown in Exhibit "C„; and WHEREAS, Section 9-4-19 of the Sewer Ordinance provides that the City may enter into sewer line extension and reimbursement agreements and that section further provides that sewer users who subsequently connect to the extended sewer line(s) shall be charged an eight (8) inch diameter sewer line equivalency fee; said fees are in addition to the connection and user charges normally assessed a user due to the fact the user has not contributed to the cost of the extended line; the above fee is hereafter referred to as "Late Comer Fee"; the above ordinance section provides that the late comers fee may be used to reimburse the person or persons so extending the sewer line(s). WHEREAS, pursuant to Section 9-4-18 of the Sewer Ordinance, the City is required to chazge a Sewer Construction Equivalency Fee to any person or property owner who has not otherwise paid for, or contributed proportionately toward the costs and expenses of constructing a sewer line, whether that construction has been performed by the City, a local improvement district or a private entity, or combination thereof, and who subsequently desires to connect to the City sewer system, shall be required to pay an additional connection charge which shall be laiown and referred to as the "Sewer Construction Equivalency Fee". NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS: 1. The above recitals are contractual and aze incorporated herein as if set forth in full. CROSS-SITE SEWER LINE LATE COMERS AGREEMENT Page 2 ~ .-.1 2. That Lochsa has paid or will pay for engineering, planning and construction of the sewer line shown in Exhibit "A", and which will benefit the land also shown in Exhibit "A". 3. Lochsa has contributed or will contribute $320,952.63 to total construction costs of the said sewer line, of which Lochsa is entitled to be reimbursed the sum of $269,478.38 plus interest, which represents land that would be served by the sewer line but is not included in the Lochsa Properties. 4. That for all land in Exhibit "A" subsequently connecting to the sewer line referred to in Exhibit "A", except the land in the Lochsa Properties, the City will charge the sum of $127.50 plus interest; per ERU as shown in Exhibit "C"; such users shall hereafter be referred to as "LATE COMERS"; that the charge is the sewer construction equivalency fee authorized in 9- 1-12 and established by this Agreement, which fee shall herein be referred to as "LATE COMERS FEE"; the fee is in addition to any other sewer charges for connection to the sewer system; the computation of the Late Comers Fee is shown on Exhibit "C" attached hereto and by this reference incorporated herein. 5. That all the late comer fees assessed above in Paragraph 4 shall be set aside and deposited to a special account to be designated the CROSS-STTE SEWER EXTENSION PROJECT REIlVIBURSEMENT ACCOUNT" and shall reflect interest at a rate of 6% to be accrued on the unpaid balance once a year at the City's Fiscal Year End (9/30) each year for the term of the agreement, and shall be distributed quarterlyto Lochsa. 6. That the late comer fees assessed, which will go into the CROSS-SITE SEWER EXTENSION PROJECT REIlVIBURSEMENT ACCOUNT, shall increase at a rate of 6% per annum as shown in Table 1 of Exhibit "C". 7. That the late comer fees shall be collected by the City from all users subsequently connecting to the sewer line shown in Exhibit "A" for the land also shown in Exhibit "A", except the land in the Lochsa Properties. 8. That the City shall charge the CROSS-STTE SEWER EXTENSION PROJECT REIlVISURSEMENT ACCOUNT the 10% fee as authorized under 9-1-13, which is already calculated into the amounts set forth in Exhibit C. CROSS-SITE SEWER LINE LATE COMERS AGREEMENT Page 3 ~aac= , l n¢„~„ 9. That the City shall have prepared on an annual basis an audit of all funds collected pursuant to this Agreement, which audit shall coincide with the general audit of the City; that the cost of this audit shall be paid by the City as part of its administrative costs. 10. It is agreed that the sewer line(s) referenced in Exhibit. "A" is the property of the City and shall henceforth be maintained by the City at its sole cost and expense. 11. The term of this Agreement shall be until Lochsa ,has been reimbursed the principal sum of $269,478.38, plus interest, as determined in Pazagraph 6 or, if this is not achieved, fora period of ten (10) years, or until such time the sewer line described herein is abandoned. If Lochsa has not been reimbursed the principal sum plus interest less administrative fees after ten (10) years from the date of this Agreement, the Agreement may be renewed by mutual Agreement of the City and Lochsa, at such time as the City ordinance allows for extension of a ten yeaz time frame. If the City does not amend this ordinance, then this agreement shall have a ten year life span. 12. This Agreement shall be binding on the assigns and successors of the parties hereto. DATED this ~q day o 2004. BY: CITY OF MERIDIAN ATTEST: GG-~ i upgq ~,,~ ~pFwo~r~ "~?,• WII,LIAM G. BERG, Jl~., CITE C RK~r'r3~' 9 O~ 0 Approved By City Council the ~ day of ~~m ~~, , 20($¢'0,9 ~~°~Tp~~r~si ~ , ,~.~Q~~,~~ ~~~~~~~~~gly~l yl~ 1t~i~~~~~~~~~~ (corporate seal) Lochsa, LLC. Marty dsmith, Member CROSS-SITE SEWER LINE LATE COMERS AGREEMENT' Page 4 MAYOR `~~.~`~y . ~. Qpgp "'Y n~ STATE OF IDAHO ) }ss. County of Ada, ) On this ~ day of 2004, before me, the undersigned, a.Notary Public in and for said State, personally appeared TAMMY DE WEERD and WILLIAM G. BERG, JR., known to me to be the Mayor and City Clerk of the CTTY OF MERIDIAN, Idaho, and who executed the within instrument, and acknowledged to me that the CITY OF MERIDIAN executed the same. IN WITNESS WHEREOF, I have hereunto set my .hand and affixed my official seal the day and year first above writ~t°°°9°`a°aasss (SEAL) STATE OF IDAHO County of Ada Y ~®T AR j. 0 ~: " ~.® $ AgJBy,~~' o ~© 'i yy ~! t l~ O ~~~ ~4es GBo9®9y°l~ mg06 }ss. NOTARY Pl Residing at: commission IR~ '~ a-aq On this 1{L day of ~~{, 2004, before me, the undersigned, a Notary Public in and for said State, personally appeared MARTY GOLDSMITH, known and identified to me to be the member of LOCHSA FALLS L.L.C. that executed the instrument or the person who executed the instrument on behalf of said limited liability company, and acknowledged to me that such limited liability company executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. ~ .... Y~ M~'~ NOTARY PUBLIC FOR IDAHO (SEAL) ~ t~OT'~r Residing at: £~kel~ld.adw ~ * ~•~ * ~ Commission expires: Sf 12~O1o :. pUBL1G • O N~9~8 OF 19~$ CROSS-SITE SEWER LINE LATE C011dIERtS AGREEMENT Page 5 ~8$P3~ n~ w U P.' W H O H a W H Q U w O z 0 c.~ O E-~ H W z a a \1- w o ~U a V 05~ U ~ l.' x A f~$~Y~ EXHIBIT B DEVELOPER'S AREA ERU's Projected ID PARCEL OWNER ACREAGE ZONECODE per acre ERU's 16847 50428120650 LEROY E BRANDY FAMILY LIMITED LIABILITY PARTNERSHIP 86.02 RUT 2.8 1 BS 16853 50426244210 GOLDSMITH MARTY 73.94 RUT 2.B 207 16854 _ q 18857 80426141810 GOLDSMITH MARTY 37.00 RUT 2.8 104 16661 SO426427810 GOLDSMITH MARTY 73.10 RUT 2.8 205 16856 50428233901 MARTIN JUSTIN G 1.347 RUT 2.8 4 251.41 704 °m r: ~a$®~ t1~ ExHIBrt B coNT. LATECOMER'S AREA ERU's Projeetetl ID PARCEL OWNER ACREAGE ZONECODE per acre ERU's 16856 50426233840 GOLDSMITH MARTY 20.34 RUT NA 57 50426233830 MERIDAN 5.09 RUT 2.6 14 16848 50426120550 LEROY E BRANDY FAMILY LIMITED LIABILITY PARTNERSHIP 10.01 RUT - 2.0 28 18849 50426110100 TSUPA IVAN I 0.60 SFD NA 1 18862 50426417200 NELSON CATHERINE L 2.78 RUT 2.8 B 16863 50426417220 LUKEHART BEN W 2.48 RUT 2.8 7 16664 50426314910 MOSS TONY - 1.56 RUT 2.8 4 16866 50426436410 FULFER KELLY 17.72 RUT 2.8 50 18867 5042&449800 FULFER KELLY - 18.60 RUT 2.B 55 16873 50426438700 CALKINS RANDALL GENE - O.BB SFD NA 1 18875 50425223000 HUARTE FAMILY TRUST 40.D0 RUT 2.8 112 18876 50425212480 HUARTE FAMILY TRUST 34.85 RUT 2.8 96 18877 50425212420 PROCTOR JOHNS 8 M RAE 5.15 RUT 2.8 14 18878 50425120900 BOISE FIRST CHURCH OF RELIGIOUS SCIENCES 5.01 RUT 2.8 14 16881 5042511015D DENNETT MEL 10.OD RUT 2.8 28 16882 50425110250 DIOCESE OF BOISE 1.42 - RUT 2.6 4 18083 5042523370D STEWART ARCHIE D 8 5.00 RUT 2.8 14 16886 50425141850 IVORY DON B 0.92 SFD NA 1 16887 50425141890 HAMILTON BUCK O 8 0.92 SFD NA 1 16688 50425142030 SCOTT E AILEEN AND 8.87 RUT 2.8 25 16889 50425233800 KOOYERS SHERIDAN C 1.89 RUT 2.8 5 16890 50425233875 KOOYERS SHERIDAN C 3.84 RUT 2.8 11 16891 50425141940 BATES BODIE E 1.00 RUT Z.B 3 16993 50425141990 SCOTT E AILEEN AND 4.81 RUT 2.8 13 16898 50425142110 MASTROPAOLO MICHAEL 5.00 RUT 2.B 14 16898 50425142225 PACKARD JOHN W 4.93 RUT 2.6 94 16899 50425142315 ROGER5 DOUG 1.88 RUT 2.8 5 16900 50425325425 GOLDSMITH MARTY 0.59 SFD NA i 16901 50425325460 MERIDIAN JOINT SCHOOL DIST NO 2 55.00 RUT FCCED 75 16905 50425325500 STRUCKMAN DONN AND 2.31 RUT 2.6 6 16808 5042533804D HANKS RONALD G 8 1:14 RUT- 2.B 3 18908 50425338580 LEGARRETA FULGENCIO 58.00 RUT 2.8 162 16808 SD425438500 CHESTER DALICE R 8 18.38 RUT 2.6 51 18910 50425438400 REITERMAN BONNIE 1.00 RUT 2.8 3 16911 50425336080 LEGARRETA FULGENCIO 1.00 RUT 2.8 3 26188 50531110150 BRAMHALL JEANETTE M 3.80 RUT 2.8 11 26201 81608650120 COOK DAVID D 8 5.00 RUT 2.B 14 26202 81008650150 WDOD HENRYDJRB 5.00 RUT 2.8 14 26203 Ri60B650180 PALMER OLIVER DAVID 8 5.00 RUT 2.8 14 26310 50530223155 ROMAN CATHOLIC DIOCESE OF BOISE 24.00 RUT 2.6 87 26311 50530212800 HOME 8 GARDEN STORE INC 8.46 RUT 2.8 26 28312 50530212415 FRIENDSHIP CELEBRATION LUTHERAN CHURCH OF ADA CO ID INC 9.45 RUT 2.8 26 28313 50530121000 SIGNATURE POINTE HOME 8 GARDEN ACCEMS INC 5.01 RUT 2.B 14 26314 50530120910 WHITE JOHN FRANKLIN 8 22.95 RUT 2.8 64 26315 50530110480 STETSON PROPERTIES 28.29 RUT 2.8 79 29316 50530110100 VALLEY LIFE COMMUNITY CHURCH INC 10.60 RUT 2.8 30 26317 50530223400 BOYACK GEO D 8 ~ 1.00 RUT 2.8 3 26318.5 0530 7 20760 MARTENS DELBERT C 4.94 RUT 2.8 14 26319 81002730100 BEEHLER STEPHANIE P 10.06 RUT 2.8 28 26320 R1D02730200 CHANCE CAREENED 10.06 RUT 2.B 28 28327 50530120800 MCCLURE MICHAEL A 4.fi9 RUT 2.B 13 28322 50530233776 ADKINS MICHAEL S 8 19.1 B RUT 2.8 54 26323 S053D244350 BOYACK GEORGE D 8 60.89 RUT 2.8 170 2632A 50530131350 HOSIGNS PATRICK JON 10.00 RUT 2.8 2B 26325 50530141910 ENGLE CHRISTOPHER ROY _ 9.08 RUT 2.8 25 28326 50530141825 RISSINGER DARIN K 1.00 RUT 2.B - 3 28327 50530142050 HURTADO PAULA 4.91 RUT ~ - 2.B 14 26328 S053014220D ALLMON DALBERT J 8 5.00 RUT 2.8 14 26329 50530233805 JC LANDCO LLC 18.17 RUT 2.8 51 26330 50530142350 LEE GRANT N 29.70 - RUT 2.8 63 26331 50530233890 JC LANDCO LLC 1.00 RUT 2.8 3 26332 50530244350 BOYACK GEORGE D 8 80.89 RUT 2.8 170 26333 50530325450 COLE RAYMOND 0.12 SFD NA 1 28334 50530336200 ` ASCHENBRENNER KENNETH 73.24 RUT 2.8 205 26335 50530346600 ' RHEAD ROBERT C 8 MARLENE D 59,19 RUT 2.6 166 26338 R514749D220 WATTS STANK 1.48 RUT 2.8 4 26337 85147490210 WATTS STANK 1.29 RUT 2.8 4 28338 50530417376 CERIO MICHAELT 8 5.89 RUT 2.6 i6 ~i~G..il~d.~ EXHIBR B CONT. 26339 50530417300 CHURCH OF JESUS CHRIST LATTER DAY SAINTS 14.70 RUT 2.8 41 26340 85147480190 FIELD BRENT E 8. 1.47 RUT 2.8 4 26341 85147490200 FIELD BRENT E & 1.OB RUT 2.8 3 26342 85147490180 BRAMMER HAROLD A & FERN M TRUST 1.43 RUT 2.8 4 26343 85147490170 BRAMMER HAROLD A 8. FERN M TRUST 1.11 RUT 2.6 3 26344 S0530417982 PALMER TAWNEE 5.61 RUT 2.B i6 26345 85147480150 BRUNEEL CRAIG G 1.13 RUT 2.8 3 26348 85147480760 BRUNEEL CRAIG G 1.25 RUT 2.8 4 26347 85147490140 WILCOX CHRISTINE GAIL 0.69 SFD NA 1 26348 85747490130 WILCOX CHRISTINEG 1.32 RVT 2.8 -4 26349 85147490230 BATTAZZO DANIEL L 0.98 SFD NA 1 26350 85147490240 BATTAZZO DANIELL 0.59 SFD NA 1 28351 85147490513 SMITH STEVEN C 44.39 RUT 2.8 124 28352 85147480110 HOLLOWAY HAROLD E & 0.62 SFD NA 1 28353 85147480120 HOLLOWAY HAROLD E & 1.11 RUT 2.8 3 28354 85147490260 TEEGARDEN JOHN F 8 SANKA TRUST 1.40 RUT 2.8 4 26355 85147490250 TEEGARDEN JOHN F & SANKA TRUST 0.73 SFD NA 1 26356 85147480270 FREEDMAN KRISTEN S 8 2.02 RUT 2.8 8 26357 85147490280 FREEDMAN KRISTEN S & 0.69 SFD - NA 1 28358 85147490100 SMITH TONYA J & 0.73 SFD NA 1 28359 85147490090 SMITH TONYAJ & 1.37 RUT 2.B 4 2838085147490280 -WRIGHT CONRAD L& 1.33 RUT 2.B 4 26361 85147490300 WRIGHT CONRAD l & 0.89 SFD NA 1 26362 85147490080 YOUNGBERG MIGHAEL J & 0.78 SFD NA i 26363 85147480070 YOUNGBERG MICHAEL J 8 1.37 RUT 2.8 4 26364 85147490050 NOSEK J W & B E TRU5T 1.01 RUT 2.8 3 26365 85147490060 NOSEK J W & B E TRUST 1.23 RUT 2.8 3 26386 85947490320 CODD KATHLEEN A 1.14 RUT 2.6 3 26387 85147490910 CODD KATHLEEN A 0.76 SFD NA 1 26388 85147490040 PAPKE JEFF H & 1.01 RUT 2.8 3 26369 85147490030 PAPKE JEFF H & 1.14 RUT 2.8 3 26370 85147490609 BARNETT EDGAR R 2.81 RUT 2.8 8 26371 85147490020 MARKMAN DENNIS W & 1.43 RUT 2.8 4 28372 85147490010 MARKMAN DENNIS W 8. 1.08 RUT 2.6 3 26373 85147490700 BARNETT EDGAR R 1.63 RUT 2.6 5 26374 85747490335 HANSEN D RICK 2.99 RUT 2.8 B 16860 50426314810 GIBBON DANIEL G JR 38.17 RUT 2.0 107 16658 50426946700 GIBBON DANIEL G JR 38.87 RUT ~ 2.8 109 50425233895 CHURCH OF JESUS CHRIST LATTER DAV SAINTS 7.29 RUT 2.8 20 50425233695 CHURCH OF JESUS CHRIST LATTER DAY SAINTS 0.83 RUT 2.8 3 5425233810 Moulton 1.68 RUT 2.8 5 50425293880 Moukon 1.22 RUT 2.8 3 S0425239925 PARAMOUNT 4.29 RUT 2.B 12 -50425233640 PARAMOUNT 12.08 RUT 2.8 34 50426233720 PARAMOUNT 18.18 RUT 2.8 51 50425233830 PARAMOUNT 30.88 RUT 2.8 86 50425325475 PARAMOUNT 21.97 RUT 2.8 62 S0425120611 PARAMOUNT 34.95 RUT 2.8 98 50425110115 PARAMOUNT 71.46 RUT 2.6 200 50425131750 BRIGHTON 25.00 RUT 2.8 70 50425142110 BRIGHTON 5.00 RUT 2.8 14 50425427800 _WOLF 59.50 RUT 2.8 767 5042541720 WOLF 79.50 RUT 2.8 223 1430.43 3685 • Denotes portion of parcel within latecomer's area Note: Arty parcel less then 1.0 acre not consideretltor redevelopmaM end esei®nad 1 ERU PPt~g ~ nLimL®. EXHIBIT B -CONT. SUMMARY: Acreage ERU's Developer's Area Only: 251.41 704 Latecomer's Area Only: 1430.43 3685 Total Net Benefit Are (incl. Developer's area) 1681.83 4389 Area Basis ERU Basis Percentage Developer's: 14.95% 16.04% Percentage Latecomer's: 85.05% 83.96% Acres Consider small parcelsllots will not develop at < 3 acres 572.82 40.050% 1594 43.250° urban density or commercial in next ten years. < 4 acres 584.42 40.88/0 1828 44.13% < 5 acres 859.58 48.11 /° 1837 49.84 /o EXHIBIT B CONT. Parcels Expected to Develo Within 10 Years ERU's Projected ID PARCEL OWNER ACREAGE ZONECODE per acre ERU's 16856 SO426233815 GOLDSMITH MARTY 20.34 RUT ~ NA 57 MERIDIAN 5.08 RUT 2.8 14 16886 50426438410 FULFER KELLY 17.72 RUT 2.8 50 16867 SO426449900 FULFER KELLY 19.60 RUT 2.8 55 16875 SO4252230D0 HUARTEFAMILYTRUST 40.00 RUT 2.8 112 18876 SO425212480 HUARTEFAMILYTRUST 34.85 RUT 2.8 98 18901 SO425325460 MERIDIAN JOINT SCHOOL DIST NO 2 55.00 RUT 2.8 75 16908 50425338580 LEGARRETA FULGENCIO 58.00 RUT 2.8 162 16848 50426120550 LEROY E BRANDY FAMILY LIMITED LIABILITY Pf 10.01 RUT 2.8 28 16881 50425110150 DENNETT MEL 10.00 RUT 2.8 28 16883 50425233700 STEWART ARCHIE D & 5.00 RUT 2.8 14 16888 SO425142030 SCOTT E AILEEN AND 8.97 RUT 2.8 25 16896 50425142110 MASTROPAOLO MICHAEL 5.00 RUT 2.8 14 16909 50425438500 CHESTER DALICE R & 18.38 RUT 2.8 51 28314 50530120910 WHITE JOHN FRANKLIN & 22.95 RUT 2.8 64 26315 50530110460 STETSON PROPERTIES 28.29 RUT 2.8 79 26318 87002730100 BEEHLER STEPHANIE P 10.06 RUT 2,8 28 26320 87002730200 CHANCE CARLENE D 10.08 RUT 2.8 28 26323 S0530244350 BOYACK GEORGE D & 80.89 RUT 2.8 170 28324 50530131350 HOSKINS PATRICK JON 70.00 RUT 2.8 28 26325 50530141910 ENGLE CHRISTOPHER ROY - 9.08 RUT 2.8 25 28326 50530142200 ALLMON DALBERT J & 5.00 RUT 2.8 14 26330 50530142350 _ LEE GRANT N 29.70 RUT 2.8 83 26332 50530244350 BOYACK GEORGE D & 80.89 RUT 2.8 170 26334 S0530336200 ASCHENBRENNER KENNETH 73.24 RUT 2.8 205 28335 50530346$00 ` RHEAD ROBERT C & MARLENE D 59.19 RUT 2.8 1 BB 26338 50530417376 CERIO MICHAEL T & 5.89 RUT 2.8 16 26344 50530417382 PALMER TAWNEE 5.69 RUT 2.8 16 26357 85147490513 SMITH STEVEN C 44.39 RUT 2.8 124 PARAMOUNT 4.29 RUT 2.8 12 PARAMOUNT 12.06 RUT 2.8 34 PARAMOUNT ~ 18.18 RUT 2.8 51 PARAMOUNT - 30.68 RUT 2.8 86 PARAMOUNT 21.97 RUT 2.8 62 PARAMOUNT 34.95 RUT 2.8 98 PARAMOUNT 71.46 RUT 2.8 200 - BRIGHTON - 25.00 RUT -2.8 70 BRIGHTON 5.00 RUT 2.8 14 WOLF - 59.50 RUT 2.8 167 WOLF 78.50 RUT 2.8 223 Totals of parcels expected to develop within the next 1 D years: 850.35 2325 Area Basis ERU Basis °k of parcels to develop within the Total Service Area within the next 10 years: 58.OSh° 63.09°h (excluding the Developer's Area) P8$0,~.v.~D "EILHIEIT C" CROSS-6R'E 6EWER LINE EXTEN6ION LOCEISA FALLS LLC SEWER LINE LATE COMERS' AGREEMENT FEE COMPUTATIONS AREA DETERA4INATION: Tofal6ervice Area= 1681.83 Groxs Acree Latecomers ERU = Toml3arvice Ares ERU- Dweloper's ERU %OF ERU TOTAL TOTAL SERVICEARFif: 4389.19 100.0 %OF ERU TOTAL DEVELOPERS~ItE4: 703.94 16.0 %OF ERU TOTAL L4TEC0,19725ARFi1 368626 84.0 DENBLOPER'SCONITtIDUTTON 5320,952.63 VedSed from Billings POR77ONA7-LRIBUT9BLET0 DEVELOPERSSUEDIYISTON 16.04% x $320,952.63 = $51,47425 POR7TONOFDEPELOPTRSCONI727BUTTONELIGIDLEFOR RERvSBURSEMENT~ Tatd Servi°edHRUb(]00%1-DweloperkPwrnfage =P¢°antego Eli®ble= 54.0% 83.96°h s $ 320,952.63 m $2fi9,478.38 L4TECOMIERFORM[IG4: (EEgible ReimbweemeeNLem Comer§ Servixd ERVa mlda Camm~Fee pa ERU) $ 269,478.38 = $73.12 368626 RF-A~IIRS~NTBASIS: Assume payback period of tan years end es avmul] growth rnm of 63% witldv the Late Camm~mea aver that tea years. The Adjusmd Leo Comer fee per ERU= $73.12 = $115.91 63.09% Plus 10% Admix fee 115.91® 110%= $127.50 7ha Lafe Comer fee paid by each psreel, or portion tbmm[ who connacm to tlra subject wamr Eae wiE ba paid per the above agreement The fees assessed to each latecomer shah be edjuatad eonuelly on October 1st, at m amml percentage rem of 6% The latecomer few shell be: Effective Date Lmawmw Fee er Acre October 1, 2002 $127.50 October 1, 2003 $ 134.15 October 1, 2004 $ 143.25 Octobar 1, 2005 $ 151.85 Omabar 1 2006 $ 160.96 October 1, 2007 $ 170.62 Ocrober 1, 2006 ~ $ 180.86 October 1, 2009 $ 191.71 October 1, 2010 S 203.21 October I, 2011 $ 215.40 rw:r Pepe 1 ~ 1 ^ /~ ~1 1, ,~ ~~ ,,I~ ~ ,~'CI"fY OF ~~~I~~~`1 _, ~_~~~1 ~Y1G~1~17 ~,~ ,"`~, ~~ IDAHO ~~ F c~ ~/ ~Ak ~~` ~ REASUftE V NAY SINCE 1993 MAYOR Tammy de [Neerd CITY COUNCIL MEMBERS Keith Bird Joseph W. Borton Charles M.. Rountree Shaun Wardle CITY DEPARTMENTS City Attorney/HR 703 Main Street 898-5506 (City Attorney) 898-5503 (HR) Fax 884-8723 Fire 540 E. Franklin Road 888-1234/fax 895-0390 Parks & Recreation 11 W. Bower Street 888-3579/fax 898-5501 Planning 660 E. Watertower Lane Suite 202 884-5533 /fax 888-6844 Police 1401 E. Watertower Lane 888-6678/fax 846-7366 Public Works 660 E. Watertower Lane Suite 200 898-5500/fax 895-9551 - Building 660 E. Watertower Lane Suite 1.50 887-221.1 /fax 887-1297 - Wastewater 3401 N. Ten Mile Road 888-2191 /fax 884-0744 - Water 2235 N. W. 8th Street 888-5242/fax 884-1159 ADA COUNTY RECORDER J. DAVID NAVARRO AMOUNT .OD ' BOISE IDAHO 03!09106 02:08 PM DEPUTY Neava Haney III I I IIII IIII IIIIIIII IIIIIIIIIII I I III RECORDED-REQUEST OF 1~~~3663~ Meridian City RELEASE OF AGREEMENT LATECOMERS AGREEMENT for CROSS-SITE SEWER LINE EXTENSION LOCHSA FALLS Agreement between CITY OF MERIDIAN LOCHSA FALLS LLC The agreement entered into September 29, 2004 by and between the CITY of MERIDIAN, a municipal corporation of the State of Idaho, and Lochs~,Fialls'LL'~,,. has been satisfied by the City of Meridian. We request you relea~e,,t ~'e,~ae~~9n?~it ;.. recorded 10/18/2004 under your instrument number #10413230(~,~~~ .',,.~ zs ~~ .~: '; °.: ~;., .v ~ , ,,~ 4a~ yi William G. Berg, Jr. -~.`it~ STATE OF IDAHO ) County of Ada SS ~' .x~ r„ ~~~ a`~~~~ ~ _ ~~ ~' e 5~ , On this t~ day of ~/1 Q~/~ , 2006, before me, a Notary Public, personally appeared William G. Berg, Jr., know or identified to me to be the City Clerk, respectively, of the City of Meridian, who executed the instrument or the person that executed the instrument of behalf of said City, and acknowledged to me that such City executed the same. ~ .~ i f I ~ ~ ~ • r ~ • . ~ . • ~ ~ ^ ~ ~ ~ • ~ ~ i ~~ ~ i • ~ ~ •~,'~ Aljg'I,tG,%. ~ ti~ Notary Public for Idaho Residing at: C'al(~tJ~.~ , I1~ Commission expires: 1~-11-1 1 CITY HALL 33 EAST IDAHO AVENUE MERIDIAN, IDAHO 83642 (208) 888-4433 CITY CLERK -FAX 888-4218 FINANCE & UTILITY BILLING -FAX 887-4813 MAYOR'S OFFICE -FAX 884-8119 Printed on recycled paper