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ASSESSMENT A FFMFNT
1410 E. PINE AVENUE
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This Agreement made and entered into this-I,~~~b~, .496; b, and betty
CITY OF MERI Y een the
DIAN, a municipal corporation of the State of Idaho, hereafter referred to as
CITY, and HI-MICRO TOOL CORP., INC., 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
FOUR (4)
$1,370.00
$5,480.00
N/A
N/A
FOUR (4) /THREE (3)
$ 500.00
$3,500.00
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.
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HI-MICRO TOOL CORP., INC.
ASSESSMENT AGREEMENT
Page 2
HI-MICRO TOOL CORP.. INC.
President
ecre ry
STATE OF IDAHO,)
:ss
County of Ada, )
On this 19"' day of April 1999, before me, the undersigned, a Notary Public in and
for the State of Idaho, personally appeared, Dale Newberry and Wayne Newberry,
known to me to be the President and Secretary of HI-MICRO TOOL CORP., INC. and
who subscribed their names to the within instrument and acknowledged to me that they
executed the same for said HI-MICRO TOOL CORP., INC..
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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otary Public for Idaho
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HI-MICRO TOOL CORP., INC.
ASSESSMENT AGREEMENT
Page 3
CITY OF MERID AN
. Corrie, Mayor
William G. Berg, Jr., City
STATE OF IDAHO, )
SS.
County of Ada, )
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~ ttus aber,~99Er, 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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