AV II LLC~ C
9701585?
ASSESSMENT AGREEMENT
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LOT 3, BLOCK 1, AVEST PLAZA
This Agreement made and entered into this 26th day of February, 1997, by and between
the CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to
as CITY, and AV lI LIMITED LIABILITY COMPANY, 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
TWO (2)
$1,370.00
$2,740.00
$ 375.00
$ 750.00
Water (ERU) Domestic /Landscaping
Water Assessment per (ERU)
Water Assessment Total
Water Latecomers Fee per (ERU)
Water Latecomers Fee Total
* (ERU) Equivalent Residential Units
TWO (2) /ONE (1)
$ 500.00
$1, 500.00
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 eighteen (18) months of actual service /
legal 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.
AV lI L[MITED LIABILITY COMPANY
ASSESSMENT AGREEMENT
Page 2
LJD Holdingsi mac,
STATE OF IDAHO, )
County of Ada, )
ss.
On this 26th day of February, 1997, b ore me, the undersigned, a Notary Public in and
fo the State of Idah personally appeared, and
wn or identified to me (or proved to me on
the oath of ), to be the Managing Partners of AV II
LIMITED LIABILITY COMPANY and who subscribed their names to the within instrument and
acknowledged to me that they executed the same for said AV II LIMITED LIABILITY
COMPANY.
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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Residing at
My Commission Expires
AV II LIMITED LIABILITY COMPANY
ASSESSMENT AGREEMENT
Page 3
CITY F_ MERIDIAN
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rt D. Corrie, Mayor
it iam G. Berg, Jr., City
STATE OF IDAHO,
County of Ada, )
ss.
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On this 26th day of February, 1997, before me, the undersigned, a Notary Public in and
for the State of Idaho, 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 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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