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HomeMy WebLinkAboutLate Comers Agreement with Farwest, LLC for Ten Mile Road Sewer Line Extension TEN MILE ROAD SEWER LINE EXTENSION FARWEST LLC LATE COMERS AGREEMENT This Agreement made and entered into this 16.f!-dayof J~#- ,2003, by and between FARWEST LLC, an Idaho Limited Liability Company, hereafter refeITed to as "Farwest", and the CITY OF MERIDIAN, hereinafter referred to as "City." WITNESSETH: WHEREAS, the City limits extend North of McMillan Road, but prior to this Agreement and the construction refeITed to herein, such area was not provided sewer service by the City; and WHEREAS, Farwest constructed a sewer line from an existing sewer line to an area North of McMillan Road and in Ten Mile Road, as shown in "Exhibit A", which sewer line is able to provide service to land north of McMillan Road, east and west 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 1,789.52 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 4,788 equivalent residential units (ERU) in the 1,789.52 acres; and WHEREAS, Farwest and Paramount LLC, owners of another development within the aforementioned Total Service Area, have already made separate arrangements for Paramount to reimburse Farwest for a share of the cost of construction of the aforementioned sewer line, and to share in the amounts collected by Farwest under this Late Comers Agreement, such that Farwest and Paramount properties shall be collectively refeITed to herein as "Farwest Properties" for convenience purposes, which properties collectively consist of 1,867 ERU; that on the land not included in Farwest's subdivision, there could be 2,921 ERU; and WHEREAS, the sewer line constructed by Farwest will benefit land other than only the Farwest 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 4,788 ERU's; TEN MILE SEWER LINE LATE COMERS AGREEMENT Page I pase....LotJ:Œ that the existing developed areas that eventually connect to the sewer line serviced by the City will be subject to the late comer fees described herein; that 82,81 % of the land not included the Farwest Properties would be developed in ten years, the tenn that a late comers Agreement is allowed to run, and WHEREAS, the total cost of constructing the said sewer line borne by Farwest was, is or will be $239,907.43; whereas the sewer line will benefit the Farwest Properties which could contain 1,867 ERU's, or 39.00% of the total area to be benefited by the construction of the sewer line; therefore the cost to Farwest to construct the sewer line to and through the Farwest Properties would be $93,554.48; that by subtracting this amount as the total Farwest's cost share, the total cost to all late comers is $146,352,95; and then dividing by 82.81% 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 $66.57, 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 charge 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 known and referred to as the "Sewer Construction Equivalency Fee". TEN MILE SEWER LINE LATE COMERS AGREEMENT Page 2 pagelLofJa. NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS: 1. The above recitals are contractual and are incorporated herein as if set forth in full. 2. That Farwest 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. Farwest has contributed or will contribute $239,907.43 to total construction costs ofthe said sewer line, of which Farwest is entitled to be reimbursed the sum of$146,352.95 plus interest, which represents land that would be served by the sewer line but is not included in the Farwest 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 Farwest Properties, the City will charge the sum of $66.57 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 TEN MILE TRUNK SEWER EXTENSION PROJECT REIMBURSEMENT 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 tenn of the agreement, and shall be distributed quarterly to Farwest. 6. That the late comer fees assessed, which will go into the TEN MILE TRUNK SEWER EXTENSION PROJECT REIMBURSEMENT 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 ITom 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 Farwest Properties. TEN MILE SEWER LINE LATE COMERS AGREEMENT Page 3 P~ua. 8. That the City shall charge the TEN MILE TRUNK SEWER EXTENSION PROJECT REIMBURSEMENT ACCOUNT the 10% fee as authorized under 9-1-13, which is already calculated into the amounts set forth in Exhibit C. 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 tenn of this Agreement shall be until Farwest has been reimbursed the principal sum of $146,352,95, plus interest, as detennined in Paragraph 6 or, if this is not achieved, for a period of ten (10) years, or until such time the sewer line described herein is abandoned. If Farwest 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 Farwest, at such time as the City ordinance allows for extension of a ten year time ftame. 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 /6 i'j day of Jut¡- ,2003, BY: CITY OF MERIDIAN ATTEST: Approved By City Council the ..aéL day of (corporate seal) TEN MILE SEWER LINE LATE COMERS AGREEMENT Page 4 pag~tß... STATE OF IDAHO) }ss. County of Ada, ) rd On this z.~ day of jJ~ ' 2003, before me, the undersigned, a Notary Public in and for said Stat~nally appeared ROBERT D. CORRIE and WILLIAM G. BERG, JR., known to me to be the Mayor and City Clerk of the CITY 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 writte!1..."... ~.~J:L~Ø. (SEAL) .~:;:OT~.Ä'~. :"J/ .... \ ':. - . - . I I . . \ I . ':. '. ,: .: .. d')?,!Pm..1Ç,~~.. ...111lÕF1P~. -...... 3hM1Y7 (OJrÚ~ NOTARY PUBLIC FOR IDAHO Residing at: 1!d4(~"11-- vbi~ Commission Expires: {- 29'-0 ç STATE OF IDAHO. ) : ss. County of Ada. ) On this J.b~y of ~. 0 . . 2003, before me (here insert the name and quality of the officer), pers~, McColl, known and identified to me to be the President of Developers Services, Inc., an Idaho corporation and member of Farwest LLC, 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. """"""""" (_.~ 'C ~ ~..", \.<¡ . IiO"'" '~. ~ ~,('\Y\ , .! ,;¡. 'Ÿ1-~~ Notary Public for IdahO. f r ~ 10 J .,. ~'EAL) Residingat:~ ~ i ." ~ I ~ :: = Commission Expires: ¡ ~~. -;' t ~iLINDERWATERLINELATECOMERSAGREEMENT W/é?ò/Ol( ~O "'..0/ Page 5 . MO'~ p~tß.. ............. if t EXHIBIT A LOCATION OF TEN MILE SEWER LINE AND TOTAL SERVICE AREA NÎ """"--'",-, - TEN MILE SEWER LINE - SERVICE AREA EXHIBIT B CONT. LATECOMER'S AREA ERU'. Projectnd ID PARCEL OWNER ACREAGE ZONECODE per acre ERU'. 16859 SO426336000 BEWSEL 76.94 C.G 1.14 88 16856 S0426233815 GOLDSMITH MARTY 25.42 RUT NA 71 16822 S0427410000 . BEWS E L 14.54 RUT 2.8 41 16832 S0427430000 . BEWS E L 14.54 RUT 2.8 41 16648 S0426120550 LEROY E BRANDT FAMILY LIMITED LIABILITY PARTNERSHIP 10.01 RUT 2.8 28 16849 S0426110100 TSUPA IVAN I 0.60 SFD NA 1 16662 S0426417200 NELSON CATHERINE L 2.79 RUT 2.6 8 16663 S0426417220 LUKEHART BEN W 2.48 RUT 2.6 7 16664 SOd26314910 MOSS TONY I.S6 RUT 2.6 4 16666 S0426438410 FULFER KELLY 17.72 RUT 2.6 50 16667 S0426449900 FULFER KELLY 19.60 RUT 2.8 55 16868 S0426438500 FULFER KELLY G 9.55 RUT 2.6 27 16669 S0426438800 FULFER KELLY 9.00 RUT 2.8 25 16870 S0426449740 FULFER JACK G 9.09 RUT 2.8 25 16871 SO426449850 FULFER KELLY 8.44 RUT 2.8 24 16872 SO42644982S FULFER KELLY 1.15 RUT 2.8 3 16873 SO426438700 CALKINS RANDALL GENE 0.88 SFD NA 1 16875 SO42S223000 HUARTE FAMILY TRUST 40.00 RUT 2.8 112 16876 SO425212480 HUARTE FAMILY TRUST 34.85 RUT 2.8 98 16877 SO425212d20 PROCTOR JOHN S & M RAE 5.15 RUT 2.8 14 16878 S0425120900 BOISE FIRST CHURCH OF RELIGIOUS SCIENCES S.OI RUT 2.8 14 16881 S0425110150 DENNETT MEL 10.00 RUT 2.8 28 16882 S0425110250 DIOCESE OF BOISE 1.42 RUT 2.8 4 16883 S0425233700 STEWART ARCHIE 0 & 5.00 RUT 2.8 14 16886 S0425141850 IVORY DON B 0.92 SFD NA 1 16887 S0425141890 HAMILTON BUCK 0 & 0.92 SFD NA 1 16688 S0425142030 SCOTT E AILEEN AND 8.97 RUT 2.8 25 16689 S0425233800 KOOYERS SHERIDAN C 1.69 RUT 2.6 5 16690 S0425233875 KOOYERS SHERIDAN C 3.94 RUT 2.6 11 16691 S0425141940 BATES BODIE E 1.00 RUT 2.6 3 16693 S0425141990 SCOTT E AILEEN AND 4.61 RUT 2.6 13 16896 S0425142110 MASTROPAOLO MICHAEL 5.00 RUT 2.6 14 16898 S0425142225 PACKARD JOHN W 4.93 RUT 2.8 14 16899 S0425142315 ROGERS DOUG 1.88 RUT 2.8 5 16900 S0425325425 GOLDSMITH MARTY 0.S9 SFD NA 1 16901 S0425325460 MERIDIAN JOINT SCHOOL DIST NO 2 55.00 RUT FIXED 75 16905 S0425325500 STRUCKMAN DONN AND 2.31 RUT 2.8 6 16906 S042S336040 HANKS RONALD G & 1.14 RUT 2.8 3 16906 SO42S336560 LEGARRETA FULGENCIO 56.00 RUT 2.8 162 16909 SO425438500 CHESTER DALICE R & 18.36 RUT 2.8 51 16910 SO425436400 REITERMAN BONNIE 1.00 RUT 2.8 3 16911 SO425336090 LEGARRETA FULGENCIO 1.00 RUT 2.8 3 26198 S0531110150 BRAMHALL JEANETTE M 3.80 RUT 2.8 11 26201 R1606650120 COOK DAVID D & 5.00 RUT 2.8 14 26202 R1606650150 WOOD HENRY D JR & S.OO RUT 2.8 14 26203 R1606650180 PALMER OLIVER DAVID & 5.00 RUT 2.8 Id 26310 S0530223155 ROMAN CATHOLIC DIOCESE OF BOISE 2d.00 RUT 2.8 67 26311 S0530212800 HOME & GARDEN STORE INC 9.46 RUT 2.8 26 26312 S0530212415 FRIENDSHIP CELEBRATION LUTHERAN CHURCH OF ADA CO ID INC 9.45 RUT 2.8 26 26313 S0530121000 SIGNATURE POINTE HOME & GARDEN ACCENTS INC S.OI RUT 2.8 14 26314 S0530120910 WHITE JOHN FRANKLIN & 22.95 RUT 2.8 64 26315 S0530110460 STETSON PROPERTIES 28.29 RUT 2.6 79 26316 SOS30110100 VALLEY LIFE COMMUNITY CHURCH INC 10.60 RUT 2.6 30 26317 S0530223400 BOYACK GEO D & 1.00 RUT 2.6 3 26316 S0530120760 MARTENS DELBERT C 4.94 RUT 2.6 14 26319 R1O02730100 BEEHLER STEPHANIE P 10.06 RUT 2.6 28 26320 R1O02730200 CHANCE CARLENE D 10.06 RUT 2.8 28 26321 S0530120600 MCCLURE MICHAEL A 4.69 RUT 2.8 13 26322 S0530233776 ADKINS MICHAEL S & 19.18 RUT 2.8 54 26323 S0530244350 BOYACK GEORGE D & 60.89 RUT 2.8 170 26324 S0530131350 HOSKINS PATRICK JON 10.00 RUT 2.8 28 26325 S0530141910 ENGLE CHRISTOPHER ROY 9.08 RUT 2.8 25 26326 SOS30141825 RISSINGER DARIN K 1.00 RUT 2.8 3 26327 SOS30142050 HURTADO PAULA 4.91 RUT 2.8 14 26328 SOS30142200 ALLMON DALBERT J & 5.00 RUT 2.8 14 26329 S0530233805 JC LANDCO LLC 18.17 RUT 2.8 51 26330 S0530142350 LEE GRANT N 29.70 RUT 2.8 83 26331 S0530233890 JC LANDCO LLC 1.00 RUT 2.8 3 26332 S0530244350 BOYACK GEORGE D & 60.69 RUT 2.8 170 p~ EXHIBIT B CaNT. 26333 S053D32545D COLE RAYMOND D.12 SFD NA 1 26334 SD53D33620D . ASCHENBRENNER KENNETH 73.24 RUT 2.8 2D5 26335 SD53D34680D . RHEAD ROBERT C & MARLENE D 59.19 RUT 2.8 166 26336 R514749D22D WATTS STAN K 1.48 RUT 2.8 4 26337 R51474QD210 WATTS STAN K 1.29 RUT 2.8 4 26338 SDS3D417378 CERIO MICHAEL T & 5.89 RUT 2.8 16 26339 SDS3D4173DD CHURCH OF JESUS CHRIST LATTER DAY SAINTS 14.7D RUT 2.8 41 26340 R514749D19D FIELD BRENT E & 1.47 RUT 2.8 4 26341 RS14749D2DD FIELD BRENT E & 1.08 RUT 2.8 3 26342 R514749D18D BRAMMER HAROLD A & FERN M TRUST 1.43 RUT 2.8 d 26343 R514749D17D BRAMMER HAROLD A & FERN M TRUST 1.11 RUT 2.8 3 26344 SD530d17382 PALMER TAWNEE S.81 RUT 2.8 18 26345 R514749015D BRUNEEL CRAIG G 1.13 RUT 2.8 3 26346 R514749016D BRUNEEL CRAIG G 1.2S RUT 2.8 4 28347 R514749014D WILCOX CHRISTINE GAIL D.89 SFD NA 1 28348 R514749013D WILCOX CHRISTINE G 1.32 RUT 2.8 4 28349 R514749023D BATTAZZO DANIEL L D.98 SFD NA 1 2635D R514749024D BATTAZZO DANIEL L 0.59 SFD NA 1 26351 R5147490513 SMITH STEVEN C 44.39 RUT 2.8 124 26352 R514749D11D HOLLOWAY HAROLD E & 0.62 SFD NA 1 263S3 R514749D12D HOLLOWAY HAROLD E & 1.11 RUT 2.8 3 26354 R514749D26D TEEGARDEN JOHN F & SANKA TRUST 1.40 RUT 2.8 4 26355 R514749D25D TEEGARDEN JOHN F & SANKA TRUST 0.73 SFD NA 1 26356 R514749D27D FREEDMAN KRISTEN S & 2.D2 RUT 2.8 6 26357 R514749D28D FREEDMAN KRISTEN S & 0.69 SFD NA 1 26358 R514749D1DD SMITHTONYAJ& 0.73 SFD NA 1 26359 R514749DD9D SMITHTONYAJ& 1.37 RUT 2.8 4 2636D R514749D29D WRIGHT CONRAD L & 1.33 RUT 2.8 4 26361 R514749D3DD WRIGHT CONRAD L & 0.89 SFD NA 1 26362R514749DD8D YOUNGBERG MICHAEL J & 0.76 SFD NA 1 26363 R514749DD7D YOUNGBERG MICHAEL J & 1.37 RUT 2.8 4 26364 R514749DD5D NOSEK J W & B E TRUST 1.DI RUT 2.8 3 26365 R514749DD8D NOSEK J W & B E TRUST 1.23 RUT 2.8 3 26366 R514749D32D CODD KATHLEEN A 1.14 RUT 2.8 3 26367 R514749D31D CODD KATHLEEN A D.76 SFD NA 1 26368 R514749DD4D PAPKE JEFF H & 1.DI RUT 2.8 3 26369 R514749DD3D PAPKE JEFF H & 1.14 RUT 2.8 3 2637D R514749D6D9 BARNETT EDGAR R 2.81 RUT 2.8 8 26371 R514749D020 MARKMAN DENNIS W & 1.43 RUT 2.8 4 26372 R514749D010 MARKMAN DENNIS W & 1.08 RUT 2.8 3 26373 R51474Q07DO BARNETT EDGAR R 1.63 RUT 2.8 5 26374 R51474Q0335 HANSEN D RICK 2.99 RUT 2.8 8 1122.74 2921 . Denotes portion of parcel wilhin latecome~s area Note: Any parcel less than 1.0 acre nol considered for redevelopment and assigned 1 ERU p~tlfL EXHIBIT B DEVELOPER'S AREA OWNER ID PARCEL 16903 50425427800 WOLF DWAINE 16904 50425417200 WOLF DWAINE G 16892 50425131750 WOLF DWAINE G 16907 50425336080 PARAMOUNT LLC 16902 50425325470 PARAMOUNT LLC 16897 50425233910 PARAMOUNT LLC 1689450425141900 PARAMOUNTLLC 16895 50425233690 PARAMOUNT LLC 16884 50425233605 PARAMOUNT LLC 16885 50425141825 PARAMOUNT LLC 16879 50425120605 PARAMOUNT LLC 16880 50425110100 PARAMOUNT LLC 16847 50426120650 LEROY E BRANDT FAMILY LIMITED LIABILITY PARTNER5HIP ~::;~ 50426244210 GOLD5MITH MARTY 16857 50426141810 GOLD5MITH MARTY 16860 50426314810 GlB50N DANIEL G JR 16861 50426427810 GOLD5MITH MARTY 16865 50426346700 GlB50N DANIEL G JR 16858 50426233901 MARTIN JU5TIN G ACREAGE ZONECODE 59.50 RUT 54.50 RUT 25.00 RUT 18.68 RUT 22.70 RUT 2.30 RUT 5.00 RUT 37.36 RUT 29.70 RUT 20.81 RUT 34.47 RUT 28.32 RUT 66.02 RUT 73.94 RUT 37.00 RUT 38.17 RUT 73.10 RUT 38.87 RUT 1.347 RUT 666.78 ERU's per acre 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 Projected ERU's 167 153 70 52 64 6 14 105 83 58 97 79 185 207 104 107 205 109 4 1867 pag~ SUMMARY: Developer's Area Only: Latecomer's Area Only: Total Net Benefit Are (incl. Develope~s area) EXHIBIT B . CONT. Acreage 666.78 1122.74 1789.52 Area Basis Percentage Develope~s: 37.26% Percentage Latecome~s: 62.74% ERU's 1867 2921 4788 ERU Basis 39.00% 61.00% Consider smaii parcels/lots will not develop at urban density or commercial in next ten years. < 3 acres < 4 acres < 5 acres Acres 495.78 507.38 582.54 Percentage 44.16% 45.19% 51.89% ERU's 1378 1410 1621 Percentage 47.18% 48.29% 55.50% P~ua. EXHIBIT B CONT. Parcels Ex ected to Develo Within 10 Years ID PARCEL 16859 80426336000 OWNER ERU's Projected ACREAGE ZONECODE per acre ERU's 76.94 C.G 1 14 88 16856 80426233815 GOLD8MITH MARTY 25.42 RUT NA 71 16822 80427410000' BEW8 E L 14.54 RUT 2.8 41 16832 80427430000' BEW8 E L 14.54 RUT 2.8 41 16866 80426438410 FULFER KELLY 17.72 RUT 2.8 50 16867 80426449900 FULFER KELLY 19.60 RUT 2.8 55 16875 80425223000 HUARTE FAMILY TRU8T 40.00 RUT 2.8 112 16876 80425212480 HUARTE FAMILY TRU8T 34.85 RUT 2.8 98 16901 80425325460 MERIDIAN JOINT 8CHOOL DI8T NO 2 55.00 RUT 2.8 75 16908 80425336560 LEGARRETA FULGENCIO 58.00 RUT 2.8 162 BEW8 E L 1684880426120550 LEROY E BRANDT FAMILY LIMITED LIABILITY P. 10.01 RUT 2.8 28 16868 80426438500 FULFER KELLY G 9.55 RUT 2.8 27 16869 80426438800 FULFER KELLY 9.00 RUT 2.8 25 16870 80426449740 FULFER JACK G 9.09 RUT 2.8 25 16871 80426449850 FULFER KELLY 8.44 RUT 2.8 24 16881 80425110150 DENNETT MEL 10.00 RUT 2.8 28 1688380425233700 8TEWART ARCHIE D & 5.00 RUT 2.8 14 16888 80425142030 8COTT E AILEEN AND 8.97 RUT 2.8 25 1689680425142110 MA8TROPAOLO MICHAEL 5.00 RUT 2.8 14 16909 80425438500 CHE8TER DALICE R & 18.36 RUT 2.8 51 26201 R1608650120 COOK DAVID D & 5.00 RUT 2.8 14 26202 R1608650150 WOOD HENRY D JR & 5.00 RUT 2.8 14 26203 R1608650180 PALMER OLIVER DAVID & 5.00 RUT 2.8 14 2631480530120910 WHITE JOHN FRANKLIN & 22.95 RUT 2.8 64 2631580530110460 8TET80N PROPERTIE8 28,29 RUT 2.8 79 26319 R1002730100 BEEHLER 8TEPHANIE P 10.06 RUT 2.8 28 26320 R1002730200 CHANCE CARLENE D 10.06 RUT 2.8 28 26322 80530233776 ADKIN8 MICHAEL 8 & 19.18 RUT 2.8 54 26323 80530244350 BOYACK GEORGE D & 60.89 RUT 2.8 170 2632480530131350 HO8KIN8 PATRICK JON 10.00 RUT 2.8 28 2632580530141910 ENGLE CHRI8TOPHER ROY 9.08 RUT 2.8 25 26328 80530142200 ALLMON DALBERT J & 5.00 RUT 2.8 14 26329 80530233805 JC LANDCO LLC 18.17 RUT 2.8 51 26330 80530142350 LEE GRANT N 29.70 RUT 2.8 83 26332 80530244350 BOYACK GEORGE D & 60.89 RUT 2.8 170 26334 80530336200' A8CHENBRENNER KENNETH 73.24 RUT 2.8 205 26335 80530346800' RHEAD ROBERT C & MARLENE D 59.19 RUT 2.8 166 26338 80530417376 CERIO MICHAEL T & 5.89 RUT 2.8 16 26344 80530417382 PALMER TAWNEE 5.61 RUT 2.8 16 26351 R5147490513 8MITH 8TEVEN C 44.39 RUT 2.8 124 Totals of parcels expected to develop within the next 10 years: 937.63 2418 Area Basis ERU Basis % of parcels to develop within the Total 8ervice Area within the next 10 years: 83.51% 82.81% (excluding the Develope~s Area) pageJ.Lot.l!L "EXHIBIT C" TEN MILE ROAD SEWER LINE EXTENSION FARWEST LLC SEWER LINE LATE COMERS' AGREEMENT FEE COMPUTATIONS AREA DETERMINATION, TDtaI Service AnD = 1712.58 Gross Acre, Latecomers ERU = TolDl Service Area ERU - Developers ERU TOTAL SERVICE AREA, %OF ERU TOTAL 1 4788,00 100,01 %OF ERU TOTAL 1 1867.00 39,01 %OF ERU TOTAL I 2921.00 61.01 $239,907.43 Verified 100m Bmings DEVELOPER'S AREk LATE COMER'S AREA FEE COMPUTATION, DEVELOPER'S CONTRIBUTION.' PORTION ATTRIBUTABLE TO DEVELOPER'S SUBDIVISION, 39,0% x $239.907,43 $93.547.86 PORTION OF DEVELOPER'S CONTRiBUTION ELIGIBLE FOR REIMBURSEMENT, To..IS,rvieedERU,(tOO%)-Develop",P""cnts8' = P""'D"" Elig>"]e = 61,0% 61.0% x $ 239.907.43 $146,359.57 LATE COMER FORMULA, (Eli.."', ReUnbursemcntlLote Com", S",,;ocd ERU', = ute Com" Pcc p" ERU) $ 146.359.57 $50,11 2921.00 REIMBURSEMENT BASIs.. A.s""'" peybock period of 'en years ..d.. overnJl growth rate of 83% withiD the ute Com....."ov... th"leDyears, The Adjusted Late Co,"", feeperERU= PI"" 10% $50,11 83% AdmiD fee $66.56 $60,51 6O,51@ 110%= REIMBURSEMENT SCHEDULE, The Late Co,"", f.. piUd by eech p",el, or portiOD thereof. who connects 10 the suhj.., weier liDe will be paid p... the .move agreement. The fees assessed to each latecomer ,hall be adju'tedannuallyoD Octob... I". a'.. annualp.....olD.. rate of 6% The latecD,"", fees ,hall boo Effective DDte Latecom...Fee.erAcre Octob... 1. 2002 $66,56 OctDber I, 2003 $ 70.55 October I. 2004 $ 74,78 October I, 2005 $ 79,27 Octob... 1,2006 $ 84,03 October 1. 2007 $ 89,07 October I. 2008 $ 94,41 Octob... I. 2009 $ 100,08 Octob...I.2010 $ 106.08 Oetob...l.2011 $ 112.45 PD,. , Page.la..oLlQ...