Electrical Wholesale, Honor Park #3t .~`'
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ASSESSMENT AGREEMENT
LOT 11, BLOCK 2, HONOR PARK
537 EAST SCHILLER LANE
This Agreement made and entered into this 10th day of May, 1999, by and between the CITY
OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and
ELECTRICAL WHOLESALE, 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 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
TWO (2)
$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
TWO (2) /ONE (1)
$704.00
$2,112.00
N/A
N/A
NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:
The above recitals are contractual and binding on the parties
2. Both parties to this agreement acknowledge that the above assessments were determined
from the information referenced in the first recital, and not actual metered flows, and that the
assessments for the proposed facility will be re-evaluated after a period of twelve (12) months
of full service, final 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, and shall pay within (10) days the shortage of payment resulting from
the re-evaluation.
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ELECTRICAL WHOLESALE
ASSESSMENT AGREEMENT
Page 2
8y:
Secretary
D. Corrie, Mayor
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ELECTRICAL WHOLESALE suPPLY co. , rNC.
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ELECTRICAL WHOLESALE
ASSESSMENT AGREEMENT
Page 3
STATE OF IDAHO, }
. ss.
County of,B~ )
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On this 10th day of May, 1999, before me, the undersigned, a Notary Public in and for the
State of Idaho, personally appeared, r ~ and
wn or identified to me (or proved to me on the
oath of ), to be the President of
ELECTRICAL WHOLESALE and who subscribed their names to the within instrument and
acknowledged to me that they executed the same for said ELECTRICAL WHOLESALE.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day
and year first above written. ~ ^ ,
SE BART M. DAYIS
NOTARY PUBLIC
STATE OF IDAHO
STATE OF IDAHO, )
. ss.
County of Ada, )
ary Public for Idaho
ding at ~c(r~~~C>
Commission Expires (Y1 out IS . ~ oQ3_
On this-~8 h day of May, 1999, before me, the and sl e a Notary Public in and for the
State of Idaho ~~~~rsonally appeared Robert D. Corrie and , Jr., known to me to be
the Mayor arr~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 abo~ ~~ Pwntten.
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