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Home My WebLink AboutSewer Late Comers Agreement with Skyline Development for Landing Sub No 7e'~yy ~~, r'+~r. CITY 01= R~~r~ilb~'. ~. "e 4, mnHO S Fc /% ~~TFR ~~` THensuae V nu~~ si 1993 MAYOR Tammy de Weerd CITY COUNCIL MEMBERS Keith Bird Joseph W. Gorton 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 F.. 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 ADA COUNTY RECORDER J. DAVID NAVARRO AMOUNT .00 ' BOISE IDAHO 03109106 02:08 PM DEPUTY Neava Haney II I I I II II I II I II I II I II I II I ~ II I II II I III RECORDED-REQUEST OF ir~6036621 Meridian City RELEASE OF AGREEMENT SEWER LATECOMERS AGREEMENT For LANDING SUBDIVISION N0.7 Ageemern between CITY OF MERIDIAN Skyline Development Company an Idaho Limited Partnership The ageement entered into October 23, 2001 by and between the CITY of MERIDIAN, a municipal corporation of the State of Idaho, and Skyline , , , ~ ~ - ~ _ ; Development Company has been satisfied by the City of Meridian. ~~"t;~u~e~ you release the agreement recorded 11/1/2001 under your instrumelt ~~~: # 101114960. ~ '~ `~ A ~ - ~~ '~~ STATE OF IDAHO ) Courrty of Ada 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 ].50 887-2211 /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 S3 William G. Berg, 7r ~,leT eir h~,l;' ~ r '4/ 'ry~~ .rrrfy~,~r~ X37" ^~~J"~ ~ ~°~ :• -~ttrl ttt<~ On this~D~" day of 1rYL4YC1-~ , 200b, 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. •~ gyp, M; Q'. • ~~ • ~ • i• M~ "'~`~`~~ • ~ ~~ • ~ . '~ i • • ~ ~1n . ~ •~ 4F ID~'~Q'• •~^~~~• Notary Public for Idaho Residing at: (~e1.~~L (~iD Commission expires: - Q - 11- I I CITY FALL 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 RECQFtOi=D ° r~OU~ST OF' ;~,'~'CUJ~TY 'RECORD€R ~. ~?~vi;~ ~~3~~ ~RU FEE.--OE1"'ET~_ ~oo~ ~~t~~i~u~u W ~ r ~w SEWER LATE COMERS AGREEMENT LANDING SUBDIVISION NO.7 This Agreement made and entered into this Z3~day of ('~C~4ob~ 2001, by and between SKYLINE DEVELOPMENT COMPANY, an Idaho Limited Partnership, hereafter referred to as "Developer", and the CITY OF MERIDIAN, hereafter referred to as "City" WITNESSETH: WHEREAS, the City limits extend south of Pintail Drive and east of Linder Road, including Landing Subdivision No. 7, but prior to this Agreement and construction referred to herein, a portion of such area was not provided sewer service by the City; and WHEREAS, in 1994 the Developer extended sewer line(s) from existing sewer line(s) to an area south of Pintail Drive and east of Linder Road which sewer line extensions were able to provide service to land south of Pintail Drive and east and west of Linder Road; and WHEREAS, the sewer main constructed by the Developer will benefit other land than only the land being developed by the Developer; and WHEREAS, the total sewer line(s) constructed by the Developer in 1994 will benefit other land than only the land developed by Developer; that the land that can be served by the 1994 sewer line(s) is shown in Exhibit "B", which is attached hereto and by this reference incorporated herein as if set forth in full; that the land totals approximately 36.3 acres which, if developed under the zoning shown on Exhibit "C", which is attached hereto and by this reference incorporated herein as if set forth SEWER LATE COMERS AGREEMENT Page -1 s:wa~~eac H,t~c~n~svzr.a-m~wannaoc in full, with densities allowed in the zones shown on Exhibit "C", there could be 121 equivalent residential units (ERU) in the 36.3 acres; that the Developers subdivision(s) consists of 45 ERU in 12.4 acres; that on the basis that 50% of the land not included in the Developer's subdivision would be developed in ten years, the term that a late comers Agreement is allowed to run, there could be 38 ERU in 10 years; and WHEREAS, the total cost of constructing the 1994 sewer line(s) was borne by Developer at a cost of $40,699.25; whereas the sewer line(s) will benefit Landing Subdivision No. 7 which are being or have been developed by Developer and those subdivisions will contain 45 ERU on 12.4 acres, or 37.2% of the total projected ERU to be benefited by the construction of the sewer line(s); therefore the cost to Developer to provide sewer service to his own subdivision would. be $15,140.12; that by subtracting the $15,140.12 from the total cost of $40,699.12, the total cost to all late comers is $25,559.13; and then dividing the remaining projected number of ERU of 38 that could be served by the sewer line(s), there should be a late comers fee of $672.61, plus interest, per ERU as shown in Table II. of Exhibit "C"; and V~HEREAS, 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 lines} 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 nbt otherwise paid for, or contributed proportionately toward the costs and expenses of constructing a sewer line, SEWER LATE COMERS AGREEMENT Page - 2 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". NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS: The above recitals are contractual and are incorporated herein as if set forth in full. 2. That the Developer has engineered, planned, and constructed the trunk sewer line(s) shown in Exhibit "A", and which will benefit the land shown in Exhibit "B". 3. The Developer has contributed $40,355,25 to total construction costs ofthe above sewer line(s) of which Developer is entitled to be reimbursed the sum of $25,343.10 plus interest, as shown in Exhibit "C", which represents land that could be served by the sewer line extension(s) but is not included in Developer's subdivision. 4. That for all ERU in the land in Exhibit "B", subsequently connecting to the sewer line(s) refereed to in Exhibit "A", except the land in Landing Subdivision No. 7, the City will charge the sum of $666.92 plus interest, per ERU as shown in Table II. of Exhibit "C"; such users shall hereafter be referred to as "LATE COMERS"; that the charge is the sewer construction equivalency fee authorized. in 9-4-18 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. That all the late comer fees assessed above in Paragraph 4 shall be set aside and deposited to a sp~ial accourrt to be designated the "LANDING #7 SEWER PROJECT REIlVIBURSEMENT ACCOUNT" and shall be distributed quarterly to the Developer. 6. That the late comer fees assessed, which will go into the LANDING #7 SEWER SEWER LATE COMERS AGREEMENT Page - 3 sw~ wc_~xea~ n~~aa PROJECT REIMBURSEMENT ACCOUNT, shall increase at a rate of 4% per annum; the late comer fees for years 1 through 10 are shown in Table II of Exhibit "C"; 7. That the late comer fees shall be collected by the City from all users subsequently connecting to the line in Exhibit "A" for ERU in the land described in Exhibit "B", except the land in Landing Subdivision No. 7. 8. That the City shall charge the LANDING #7 SEWER PROJECT REIIVIBURSEMENTACCOllNT the 10% administrative charge as authorized under 9-4-19. 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) references 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 Developer has been reimbursed the principal sum of $25,343.10 plus interest, as determined in Paragraph 6, less the 10°lo administrative fee or, if this is not achieved, for a period often { 10) years. If the Developer 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 Agreemern of the City and the Developer, at such time as the City ordinance allows for extension of a ten year time frame. ffthe City does not amend this ordinance, then this agreement shall have a ten year life span. Developer shall not be entitled to any other fee or reimbursemern for said sewer lines. 12. This Agreemern shall be binding on the assigns and successors of the parties hereto. SEWER LATE COMERS AGREEMENT Page - 4 s:~wo~lRobat F-.amt,~uLF.~ga-m~oomas~van~mna~aoc DATED thisZ3~day of C~c~-o M,,er BY: ATTEST: ~' ~~` '~ ~.,. » ~~.+tti STATE OF IDAHO,) County of Ada, ) ss. 2001. MERIDIAN OB T D. CORRIE, MAYOR `~~ WILLIAM G. BERG, JR., TY LERK ~i ~''"a v~d 6~ Ci~j ~wn~ P Id -Z 3 ~~ / On thisl%Sday of ~~-~° ~~ , 2001, before me, the undersigned, a Notary Public 1T1 and for said State, personally 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 instnament, 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. •.••' ~,ItLIN '•y ,•••• O~ ~~......•~ * ••.~. 4 t P~4 ~. E" i O ~ 'r `r x Z~ : x ~ ~ .* 4 d ~ ~ ~ ,~ ,; ~'• ~'••.....••~o •'. SEWER LATE COMERS AGREEMENT S:~Public warl~lRobat_FtateC«nas~RF lm~v~-7-Isrs~ewetngre~n~caoc NOTARY PUBLIC FOR IDAHO RESIDING AT ~st-f~- MY COMMISSION EXPIRES .~~_ Oi-o ~G Page - 5 SKYLINE DEVELOPMENT COMPANY (corporate seal) By Tuc r M. Johnson Vice President of Skyline orporation {the General Partner) STATE OF IDAHO,) County of Ada, ) ss. On this .~ day of .Q.G~'o K~- , 2001, before me, the undersigned, a Notary Public in and for said State, personally appeared Tucker M. Johnson, known to me to be the Vice President of Skyline Corporation, the General Partner of SKYLINE DEVELOPMENT COMPANY, an Idaho Limited Partnership, and who executed the within instrument on behalf of said limited partnership, and acknowledged to me that said limited partnership executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. ti°Ns~~r~P ~oTARr +°UB LiC • ~~ :~..,,~~ ~•••~•. gip',.' 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I I ~ ~ III anoamn ~ Mdf~i7PIx1-~ ~ a a•.~.x, -- - - ~ ~ u 'I I j a ~~:ol •~ i--• W ~ ;--~ ~ I j I _ W ~ „xx..,., "j = ~ I oc ~ / ; ! I; eemeemea - xvaanu W ¢ / ~! as „xx~, ._ a !~ ~ ~'- !~ Q V i ;I j I - R q "EXHIBIT C" SKYLINE CORPORATION (LANDING SUBDIVISION #7) SEWER LATECOMERS AGREEMENT FEE COMPUTATION Table I. AREA &ERU DETERMINATIONS (Including Devehner'c Snhdwisinnl Area No. Descri tion Predominant Zone Projected Density , ERU/Ac Projected Acrea a Projected ERU's ERU % of Total 1 West of Linder &Ustick R-4 3.2 15.7 50 41.3 2 East of Linder &Ustick R-4 3.2 8.2 26 21.5 3 East of Linder Landin Sub. #7 R-4 3.6 12.4 45 37.2 TOTALS 36.3 121 100% DEVELOPER' S AREA &ERU Landing Subdivision No. 7 45 ERU 12.69 Ac Average Density = 45 ERU / 12.4 = 3.6 ERU/Ac ORIGINAL COST TO DEVELOPER: Late Comer Agreement Preparation Fee (688 x'/2) Amount Eligible for Reimbursement to Developer: Original Developer's Projected ERU's: Original Developer's Percentage of Total Service Area: Original Developer's Share of Construction Costs: $344.00 $40,699.25 45 37.2 = 37.2% x $40,699.25 = $15,140.12 Latecomer's Share: LATECOMER UN1T COST FORMULA: _ $40,699.25 - $15,140.12 = $25,5.59..13 Assume payback period often years and an overall growth rate of 50% in latecomer area over that ten years. Unit Cost /ERU =.Latecomer's Share _ (Projected Latecomer ERU's x 50% Development) COMPUTATION: Unit Cost /ERU = $2S,SS9.13 _ (76xS0%} = 672.61 REIMBURSEMENT SCHEDULE: Skyline Corporation paid the costs of installing the sewer line. The Latecomer Fee paid by each ERU who connects to the subject sewer line will be paid to Skyline Corporation. The late comer fee assessed to each Late Comer shall be adjusted annually on September 34 at an annual percentage rate of 4%. The late comer fee shall be as follows: Table II Effective Date Late Comer Fee 10/1/O1 $672.61 10/1/02 $699. S 1 10/1/03 $727.49 10/1/04 $756.59 10/1/OS $786.86 10/1106 $818.33 10/ 1 /07 $851.07 10/1/08 $885.11 10/1/09 $920.51 10/1/10 $957.33