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Monterey Homes.. °602$220 f ._ . ._ _vti~~~~ . _ - _~~~ ~.. .. ~,r.~tv iS~ .? . A S M NT A ARE M NT ~~~ ~~~ ~ ~ LOT 4, BLOCK 2, LAYNE INDUSTRIAL PARK REC ~ ~ _ r,- This Agreement made and entered into this 21 Day of November, 1995. , by and between the CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and MONTEREY HOMES, hereafter referred to as APPLICANT, their heirs, successors, assigns and personal representative. 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) 1 (One) Sewer Assessment per (ERU) $1 370.00 Sewer Assessment Total $1,370.00 Sewer Latecomers Fee per {ERU) N/A Latecomers Fee Total N/A Water (ERU) Domestic /Landscaping 1 (One) / 2 (Two) Water Assessment per {ERU) $500,00 Water Assessment Total $1,500.00 Water Latecomers Fee per (ERU) N/A Water Latecomers Fee Total N/A * (ERU) Equivalent Residential Units 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 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. n MONTEREY HOMES ASSESSMENT AGREEMENT Page 2 STATE OF IDAHO, ) ss. County of Ada, ) On this 21 Day of Novenmber, 1995.,. ,before me, the undersigned, a Notary Public in and for the State of Idaho, personally appeared, `, ~ rrc~ ~/ ~'PQ1 ~.~- ~ ; ~ and `~ President and Secretary of MONTEREY HOMES and_who subscribed their names to the within instrument and acknowledged to me that they executed the same for said MONTEREY HOMES. ;, ~'~~ ':~. ~1V'WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the ~,: ~`` da~+ and year ,first above written. ~ ' ... r ~- <,, ,~ ~/. Residing at ~ Z' c[ a..~ ~ MONTEREY HOMES] ASSESSMENT AGREEMENT Page 3 CITY OF ME DIAN D. Come, Mayor William G. Berg, Jr., STATE OF IDAHO, ) ss. County of Ada, ) ``\\`~at,~tii~rgqri~rt~~~~~ \~ .4z "^...-., "•~,~~ iii '~~~,, cQdr~v~~l , ~ ~,,~. ~~~~~~~rin -:u~~~~~~ On this Day of ~ t , 1996, 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. :~~JC~P f C~~FJ- SEAL ; ~ ~' ®T ~Q ~ y _~~ ~ y _ ~' ~'° Cs B `\~ .• / ~ ~_ otary Pub c for Idah My Commission Expires t-(- 2~ . Z,(7O O