Olson & Bush Industrial ParkF y
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MQR CGORTY REOORDER
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1999 FfY ~ ~ ~~ 1 ~ 2 I
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ASSESSMENT AGREEMENT
LOT 3, 4, 5, 6 -BLOCK 2, OLSON & BUSH INDUSTRIAL PARK
This Agreement made and entered into this 26th day of April, 1999, by and between the CITY
OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and
YMC, INC., 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
THREE (3)
$1,580.00
$4,740.00 (DBL ASSESS. -COUNTY)
TO BE DETERNIlNED
Water (ERU) Domestic /Landscaping
Water Assessment per (ERU)
Water Assessment Total
Water Latecomers Fee per (ERU)
Water Latecomers Fee Total
* (ERU) Equivalent Residential Units
NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:
1. 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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ASSESSMENT AGREEMENT
Page 2
YMC. INC.
President
Secretary
~Mo~b~irt . Corrie, Mayor
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William G. Berg, Jr., City erk ,` ~' ~`
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ASSESSMENT AGREEMENT
Page 3
STATE OF IDAHO, )
County of Ada,
ss.
On this 26th day of April, 1999, before me, the undersigned, a Notary Public in and for the
State of Idaho, personally appeared, `~ Q ~-,.,,~,r-~- (~1~~,-~[_~ ~,ti., and
L s v known or identified to me (or proved to me on the
oath of ~ , to be the President and Secretary of YMC, INC.
and who subscribed t eir names to the within instrument and acknowledged to me that they executed
the same for said YMC, INC..
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day
and,~ear first above written.
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~~~~~'A'I'E' ~F IDAHO, )
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County of Ada, )
Notary Public for Idaho
Residing at ~
My Commission Expires 3 3 a
On this 2~h day of ~~ iY, 1999, 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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