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Playground Subdivision s7ioslss zr - rt':n~'~..R '87 DES; I8 ~~~i 1.2 28 ASSESSMENT AGREEMET~'~' ~ ~ = ~ ~ ~ - ~ ~ ' ^ T ~ LOT 1, BLOCK 1, PLAYGROUND SUBDIVISION This Agreement made and entered into this 11th Day of June, 1997, by and between the CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and CESCO, 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) 4 (FOUR) Sewer Assessment per (ERU) $1580.00 Sewer Assessment Total $6320.00 Sewer Latecomers Fee per (ERU) N/A Latecomers Fee Total N/A Water (ERU) Domestic 4 (FOUR) Water Assessment per (ERU) $704.00 Water Assessment Total $2816.00 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 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. ,. CESCO ASSESSMENT AGREEMENT Page 2 CESCO President ,~f~i Treasure STATE OF IDAHO, ) . ss. County of Ada, ) On this 11th Day of June, 1997, before me, the undersigned, a Notary Public in and for the State of Idaho, personally appeared, _~ ~' c ~N f. ~ 1 ~ and ~p~ rA ~ ~~ 1 s , known or identified to me (or proved to me on the oath of ), to be the President and Secretary of CESCO and who subscribed their names to the within instrument and acknowledged to me that they executed the same for said CESCO. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day anti ,year first above written. ` ~. ~ t~ ;''~~,,;; ~''t}".,~~, ;e~ ~'f .• :~ . ~~ ~ ~. < <~ -~ ,, ,~ ` Notary Public or Idaho Resi at moo,-~-e_. . '; ~ ~ My Commission Expires ~- l ~ - 9 9 - s ,~r ~. ~.~,~; ` tl 1` , r.. ~ ~,~ CESCO ASSESSMENT AGREEMENT Page 3 -. Co~~rrie, Mayor G. Berg, Jr., City STATE OF IDAHO, ) . ss. County of Ada, ) a~~.~,~'~~~u'r~~ ~~ 'f ~` ~~ ~f r r ~ SQL - ~~ ,, .~O ,T ,~ , P~ `y.: ,n~~+HqH-~ t~s~N~~`~ ` On this 11th Day of June, 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. SEAL `•~~~ ~ C r~~,~ .•`` '~C' y`''• ~O~ ~ • ~ ® ~ S ~ ~f ~ O ~ public for Idaho at ~`c~ia.~-~ unission Expires D~' 6