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ASSESSMENT AGREEMENT `~ ,
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LOT 3, BLOCK 2, LAYNE INDUSTRIAL PARK
This Agreement made and entered into this 19th day of July, 1996, by and between the
CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as
CITY, and PARAGON PACIFIC INSULATION, 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 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
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)
$1,370.00
$2,740.00
N/A
N/A
2 (TWO) / 1 (ONE)
$500.00
$1,500.00
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 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.
PARAGON PACIFIC INSULATION
ASSESSMENT AGREEMENT
Page 2
President
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STATE OF IDAHO, )
ss.
County of Ada, )
On this 19th day of July, 1996, before me, the undersigned, a Notary Public in and for
the State of Idaho, personally appeared, Richard J. Mitchell and
Mille Markert ,known or identified to me (or proved to me on
the oath of ), to be the President and Secretary of
PARAGON PACIFIC INSULATION and who subscribed their names to the within instrument
and acknowledged to me that they executed the same for said PARAGON PACIFIC
INSULATION.
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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PARAGON PACIFIC INSULATION
ASSESSMENT AGREEMENT
Page 3
William G. Berg, Jr., City
STATE OF IDAHO, )
County of Ada,
SS.
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On this 19th day of July, 1996, before rne, 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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