Medimont Subdivision~,,' ~'-' ftECORD~G-ft~QL'~ST OF
a~~,r~a ~:Ci~,~l~~; ~` F~ ~~~i Ef~wi; ~0~
.!. i~~~`!~ ~~d~~1~F~?i7
~., ,~~.. t~.~;
LOT 2, BLOCK 1, MEDIMONT SUBDIVISION
1311 EAST FRANKL]N ROAD
This Agreement made and entered into this 1st day of June, 199$, by and between the CITY
OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and
PROPERTIES WEST, INC., 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 established in the City's Ordinances for the proposed type of facility.
Sewer (ERU) THREE (3)
Sewer Assessment per (ERU) $1,580.00
Sewer Assessment Total $4,740.00
Sewer Latecomers Fee per (ERU) N/A
Latecomers Fee Total N/A
Water (ERU) Domestic /Landscaping THREE (3)
Water Assessment per (ERU) $704.00
Water Assessment Total $2,332.00
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:
1. The above recitals are contractual and binding on the parties
2. Both parties to this agreement acknowledge that the above assessments were determined
from the information referenced in the first recital, 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 full service, final 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, and shall pay within (10) days the shortage of payment resulting from
the re-evaluation.
y - ~~.
t-~
PROPERTIES WEST, INC.
ASSESSMENT AGREEMENT
Page 2
secretary
Ro . Corrie, Mayor ,~.++~'~ r'~"''~~r,,
William G. Berg, Jr., City erk = '~
SEAL `
s x
w 7
~.
,t~~~~~~rssr:ss ra+t++++++`1`
. .~ ~ ~E
PROPERTIES WEST, INC.
ASSESSMENT AGREEMENT
Page 3
STATE OF IDAHO, )
. ss.
County of Ada, )
On this 1st day of June, 1998, before me, the undersi ed, a Notary Public in and for the State
of Idaho, personally appeared, and
~11~Y1.~,r,~,c; ~'r~n wn or identified to me (or proved to me on the
oath of ), to be the President and Secretary of
PROPERTIES WEST, INC. and who subscribed their names to the within instrument and
acknowledged to me that they executed the same for said PROPERTIES WEST, INC..
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day
and vear~'~°a ®°~~~vritten.
°° ¢''' " ~' ~' °me
i ~ 0®® a®o®'~' a®ee
e l~1- ~ 'I a..Citl~'l
'~ ® ° ° ® ®"~ ° Notary Public forldaho
o m
'~ U >3 ~~~ e~ o Residing at ~~,~~f.-1~.0
'e~~~q °mo®®®®®~®~~®~~•a••®• My Commission Expires tt •ao - 0 3
STATE OF IDAHO, )
. ss.
County of Ada, )
On this i st day of June, 1998, 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 Gity 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.
,'~~~f7~~I~~~~
••~+• ~ti~ L. s j •..~~
s ~oTA~ey z
G .
,,e'.~l' ~~'••..o.••'~~~~ ••••.
• _,,~. ~~
Notary blic or Idaho
Residing at
My Commission Expires