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ASSESSMENT AGREEMEN Ec~:;_ __ : ; _~sr cr
LOT 3, BLOCK 3, LAYNE INDUSTRIAL PARK
This Agreement made and entered into this 2nd day of April, 1997, by and between the CITY
OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and
B.S. 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
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
$2,112.00
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.
B.S. COMPANY
ASSESSMENT AGREEMENT
Page 2
B.S. COMPANY
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STATE OF IDAHO, )
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County of Ada, )
On this 2nd day of April, 1997, before me, the unsigned, a Notary Public in and for the
State of Idaho, pe sonallY appeared, 5>~ ~- p-~,Ey1C,.E- and
t,J ~ d~.S , known or identified to me (or proved to me on the
oath of ), to be the President and Secretary of B.S.
COMPANY and who subscribed their names to the within instrument and acknowledged to me that
they executed the same for said B.S. 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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B.S. COMPANY
ASSESSMENT AGREEMENT
Page 3
CITY OF MERIDIAN
D. Corrie, Mayor
G. Berg, Jr., City
STATE OF IDAHO, )
County of Ada,
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On this 2nd day of April, 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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