Lea Electric, Layne Industrial Park°7011'ti8
ASSESSMENT AGREEMENT
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LOT 7, BLOCK 1, LAYNE INDUSTRIAL PARK
This Agreement made and entered into this 27th. Day of September, 1996, by and between
the CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to
as CITY, and LEA ELECTRIC, hereafter referred to as APPLICANT, their heirs, successors,
assigns and personal representative.
WHEREAS, The following assessmenrts 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)
$1,370.00
$2,740.00
NA
NA
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)
$500.00
$1,500.00
NA
NA
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.
LEA ELECTRIC
ASSESSMENT AGREEMENT
Page 2
STATE OF IDAHO, )
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County of Ada, )
On this 27th day of September, 1996, before me, the undersigned, a Notary Public in and for
the State of Idaho, personally appeared, ~F ( YY~ ,~~ A- and
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oath o~ f ), to be the President and Secretary of LEA
ELECTRIC and who subscribed their names to the within instrument and acknowledged to me that
they executed the same for said LEA ELECTRIC.
IN WITNESS r~HEREOF, I have hereunto set my hand and affixed my official seal the day
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LEA ELECTRIC
ASSESSMENT AGREEMENT
Page 3
G. Berg, Jr., City
STATE OF IDAHO, )
County of Ada,
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On this 27th day of September, 1996, 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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CITY OF MERIDIAN