HomeMy WebLinkAboutAssessment Agreement with Meridian Ford
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ASSESSMENT AGREEMENT
250 E. Overland Rd.
This Agreement made and entered into this 26th day of May, 1995, by and between the
CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as
CITY, and MERIDIAN FORD, hereafter referred to as APPLICANT.
WITNESSETH:
WHEREAS, The following assessments are calculated by the City based upon information
supplied to the City by the Applicant and/or historical information on record for a similar facility
and/or those established in the City's Ordinances for the proposed type of facility.
Sewer Equivalent Residentiallinits (ERU)
Sewer Assessment per (ERU)
Sewer Assessment Total
Sewer Latecomers Fee per (ERU)
Latecomers Fee Total
9 (NINE)
$ 1.370.00
$12,330.00
$ 433.00
$ 3,897.00
Water E.quivalent Residential llnits (ERU)
Water Assessment per (ERU)
Water Assessment Total
Water Latecomers Fee per (ERU)
Water Latecomers Fee Total
] 0 (TEN)
$ 500.00
$ 5,000.00
$ 217.00
$ 2,170.00
NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:
That bat". parties of this agreement acknowledge that these assessments were determined
from the above information, and not actual metered flows, and that the assessments for the
proposed facility will be re-evaluated after a period of eighteen (] 8) months of actual service to
determine if adjustments are warranted. The City shall refund any overpayment of assessments
resulting from the re-evaluation, or the Applicant shall be responsible for payment of any shortage
resulting from the re-evaluation.
MERIDIAN FORD
ASSESSMENT AGREEMENT
Page 2
MERIDIAN FORD
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Secretary .
STATE OF IDAHO, )
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County of Ada, )
8th November
On this.2.'6Xh day ofMil*, 1995, before me, the undersigned, a Notary Public in and for
the State of Idaho, personally appeared, La rry H. Chetwood and
Mark S. Freeman , President and Secretary of MERIDIAN FORD
and who subscribed their names to the within instrument and acknowledged to me that they
executed the same for said MERIDIAN FORD.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
day and year first above written.
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Residingat Meridian; Idaho
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MERIDIAN FORD
ASSESSMENT AGREEMENT
Page 3
CITY OF MERIDIAN
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rant P. KingSf()rd'~
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William G. Berg, Jr., CiifClerk
ST ATE OF IDAHO, )
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County of Ada, )
On this 26th day of May, 1995, before me, the undersigned, a Notary Public in and for
the State of Idaho, personally appeared Grant P. Kingsford and William G. Berg, Jr., known to
me to he the Mayor and City Clerk of the City of Meridian, Idaho and who subscribed their names
to 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 written.
SEAL
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