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Tate's Rents, Bowers Addition • LOTS 26 TO 30 BLOCK 2 BOWERS ADDITION This Agreement made and entered into this 9th day of June, 1995, by and between the CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and TATES RENTS, 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. °601796 Sewer (ERU) ~ONEI Sewer Assessment per (ERU) 51,370.00 ,;, ~H.Y ! ~ L','-;RHO 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 $1, 370.00 N /A N /A 1 (ONE) $500.00 $5(10.00 N/A N/A NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS: i~0iSl: {~J '~6 FE ~~ P~1 r 8 F E f _.~____e _~ - ~ ~' RECORu ~:^. ,'-..` Ti::. ~, UEST ©;~ 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 (12) twelve 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. ATE ;~ ~~ __.r ~, , .Y ~ • TATES RENTS, INC. ASSESSMENT AGREEMENT Page 2 TATES RENTS INC. President J a~:~ Secretary STATE OF IDAHO, ) ss. County of da, ) ~~~o ~~y ~~ ~'eYJv ~o~.Y ~, ~aqc~ this Q*h ~'°• ~~^°, ' °°S; before me, the undersi ned, a Notary Public in and for the ~ ~_~ and State o Idaho, personally appeared, Sy'(~ ~~~ ~ ~. _~ ~ . T~ fir, ,President and Secretary of TATES RENTS, INC. and who subscribed their names to the within instrument and acknowledged to me that they executed.the, same for said TATES RENTS, INC. ,,„~N,WTTNESS WHEREOF, I have hereunto set my hand and affixed my official seal the cia~~~. y;~~~ f~;st above: written. t ~. ~...~~ u.C• ~' i• ~V 1 ryi FT (' i .~ ' ,,~ ~„ ,<;~,,t ~y co-.,,,.~,-SS~oN l:aPtP~s: ~ ~3 0/ ITEM t` 3 - TATES RENTS, INC. ASSESSMENT AGREEMENT Page 3 D. Come, Mayor ' / ' i G. Berg, Jr., City ler STATE OF IDAHO, ) ss. County of Ada, ) `\~t,\,1111 ulll:~,f,,/' TFo ~~~~ _ o`~ ~ c~ '~~~''~. ~UfV'fY .~`~~~`` '~fffflf111i11111t\\\`\ On this 28th, Day of February, 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. !`/IIBIO/Ies~' SEAL :.~~~,~~,®~~~~©®~ ~F': ~ ,y Q2_ _~ s ' d` ' ®~; ,11,1/ My Commission Expires ~ -7 9 -loop