Dakota Development Company~,. .. ,
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ASSESSMENT AGREEMENT ~ Q ' . ~ J
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LOT 2, BLOCK 1, AVEST PLAZA . ~~ ~~~ i ~ fl~'~ ~ 1,~ l ~
(PAD #2)
This Agreement made and entered into this 16th day of November, 19~'S `dig' and beatwe ~ ° ~ ~ t c
the CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to
as CITY, and DAKOTA DEVELOPMENT CO. , hereafter referred to as APPLICANT, their
heirs, successors, assigns and personal representative.
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 (ERU)
Sewer Assessment per (ERU)
Sewer Assessment Total
Sewer Latecomers Fee per (ERU)
Latecomers Fee Total
4 (FOUR)
$1,370.00
$5,480.00
$375.00
$1,500.00
Water (ERU) Domestic /Landscaping
Water Assessment per (ERU)
Water Assessment Total
Water Latecomers Fee per (ERU)
Water Latecomers Fee Total
* (ERU) Equivalent Residential Units
4 (FOUR) COMBINED
$500.00
$2,000.00
N/A
N/A
NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:
That both 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 twelve (12) months of actual service after
full occupancy 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.
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DAKOTA DEVELOPMENT CO.
ASSESSMENT AGREEMENT
Page 2
DAKOTA DEVEi OPMENT O .j lI1C..
STATE OF IDAHO, )
ss.
County of Ada, )
On this 16th day of November, 1995, before me, the unc,~rsigne~~tary Public in and
for the State of Idaho, personally appeared, ~t/~.~ ~ y~ and
President ar~d-may' of DAKOTA
DEVELOPMENT CO. and who subscribed their names to the within instrument and
acknowledged to me that they executed the same for said DAKOTA DEVELOPMENT CO.. ~.Iti.L
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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SEAL (/b1,~ ~' •° ~ ,, ,~
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Notary Public for Idaho ~ "'~,=' ; , ,t ~
Residing at f ~o-e.~-t~ r ~'
My Commission Expires 5~.~ c~ ;,, . ~z
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DAKOTA DEVELOPMENT CO.
ASSESSMENT AGREEMENT
Page 3
CITY OF ME iDIAN
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Grant P. Kingsford, ayor = ~o
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William G. Berg, Jr., Ci le -9 ~ ~~ ~ ;
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STATE OF IDAHO, )
County of Ada, )
ss.
On this 16th day of November, 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 be 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.
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