Railside Park Sub.-
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REC4ROED•REQUE5Tfl~
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O'~°~ ~ 1998 .~' 2 ~, 2 i
LOT 3, BLOCK 3, RAILSIDE PARK SUB
This Agreement made and errtered into this 10th day of June, 1998, by and between the CITY
OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and
R-TEC, hereafter referred to as APPLICANT, their heirs, successors, assigns and personal
representative.
WHEREAS, The following assessments aze 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)
Sewer Assessment per (ERU)
Sewer Assessment Total
Sewer Latecomers Fee per (ERU)
Latecomers Fee Total
2 (TWO)
$1,580.00
$3,160.00
N/A
N/A
Water (ERU) Domestic /Landscaping
Water Assessment per (ERU)
Water Assessment Total
Water Latecomers Fee per (ERU)
Water Latecomers Fee Total
* (ERU) Equivalent Residential Units
2 (TWO) / 1 (ONE)
$704.00
$2332.00 (ONE METER)
N/A
N/A
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.
R-TEC
ASSESSMENT AGREEMENT
Page 2
~b¢rt ; Corrie, Mayor ~~~~~!~`~~fE~f+~~ } t ~,..
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William G. Berg, Jr., City Cle ;~ ~`
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R TEC
ASSESSMENT AGREEMENT
Page 3
STATE OF IDAHO, )
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County of Ada, )
On this i0th day of June, 1998, before me, the undersigned, a Notary Public in and for the
State of Idaho, personally appeazed, C ~ and
~atr- c ~d ~ a C.lau~n , known or identified to me or proved to me on the
oath of ), to be the President and Secretary of R TEC and
who subscnbed their names to the within instrument and acknowledged to me that they executed the
same for said R-TEC.
STATE:.OF,~IDAHO, )
. ss.
County of Ada, )
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day
and year first a~ve ,written.
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My Commission Expires
On this 10th day of June, 1998, before me, the undersigned, a Notary Public in and for the
State of Idaho, personally appeazed 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 subscn'bed 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 ~,~ove written.
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My Commission