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Meridian Ford.~" • d i e r 250 E. Overland Rd. 2`~~~ ~d This Agreement made and entered into this 26th day of May, 1995, by and between the CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and MERIDIAN FORD, hereafter referred to as APPLICANT. 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 Equivalent Besidential units (ERU) 9 (NINE) Sewer Assessment per (ERU) $ 1,370.00 Sewer Assessment Total $12,330.00 Sewer Latecomers Fee per (ERU) $ 433.00 Latecomers Fee Total $ 3,897.00 Water Equivalent $esidential units (ERU) 10 (TEN) Water Assessment per (ERU) $ 500.00 Water Assessment Total $ 5,000.E Water Latecomers Fee per (ERU) $ 217.00 Water Latecomers Fee Total $ 2,170.00 NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS: That bot-. parties of this agreement acknowledge that these assess~;ersts 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 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. r + . MERIDIAN FORD ASSESSMENT AGREEMENT Page 2 Secretary STATE OF IDAHO, ) County of Ada, ) ss. 8th November On this 1 day of ~#~, 1995, before me, the undersigned, a Notary Public in and for the State of Idaho, personally appeared, Larry H. Chetwood and Mark S. Freeman ,President and Secretary of MERIDIAN FORD and who subscribed their names to the within instrument and acknowledged to me that they executed the same for said MERIDIAN FORD. ~.. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the • day and year first above written: ,~ . ,~ Sys / ," SQL ~~ ~ ~r~ort-~ p~ ~~>..a(~~ ~;, ~~ ~ ~ ~ ~ ~~ ~ Notary Public for Id -,_-, Residingat Meridian, Idaho ., Commission xpires: ~~ '~~ ~~ < ~ • Q5~83Q22 MERIDIAN FORD ASSESSMENT AGREEMENT Page 3 William G. Berg, Jr., STATE OF IDAHO, ) County of Ada, ) ss. v . U Fi ~i~ . ~ . ~ i• ..: ~ IJ I BG'~~~ ;u '95 ~~~ ~( 9 Pf~l 1 ~Od FEE ---- -- `\`\~,,rrur~rrn~i,~,~~ ~~~~TF y ~'%~+ O - ~EAL .~ ~~ ,,x/90,9 ~'ST t S~ , ~~Q```w; C-~vrv-c~ . ~ On this 26th day of May, 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. SEAL ..,. ` ,,,,`\~ E ~ ~ ~~~~~~ • >~ ~Ar :f ' ~ ~~. ,,,'r,~l~ v~ ~;P~''~ ,,,,,~ 'Public for~daho at ~r~ c~,' „ ~.Q~~. ~ _