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ASSESSMENT AGREEMENT
LOT 3, BLOCK 1, TROUTNER BUSINESS PARK
This Agreement made and entered into this 13th day of January, 1998, by and between the
CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY,
and JIM KELLER & REID OLSEN, 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) 2 (TWO)
Sewer Assessment per (ERU) $1,580.00
Sewer Assessment Total $3,160.00
Sewer Latecomers Fee per (ERU) N/A
Latecomers Fee Total N/A
Water (ERU) Domestic /Landscaping 2 (TWO)
Water Assessment per (ERU) $704.00
Water Assessment Total $1,408.00
Water Latecomers Fee per (ERU) N/A
Water Latecomers Fee Total N/A
* (ERU) Equivalent Residential Units
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 twelve (12) 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
JIM KELLER & REID OLSEN
ASSESSMENT AGREEMENT
Page 2
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STATE OF IDAHO, )
. ss.
County of Ada, )
On this 13th day of January, 1998, before me, the undersigned, a Notary Public in and for the
State of Idaho, personally appeared,JlM I{ELLER & REID SEN, known or identified to me (or
proved to be on the oath of L . ~ to be the person(s) who
subscribed their name(s) to the within instrument and acknowledged o m that they executed the
same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day
and year first above written.
Residing at
My Commission Expires
JIM KELLER & REID OLSEN
ASSESSMENT AGREEMENT
Page 3
STATE OF IDAHO, )
. SS.
County of Ada, )
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On this 13th day of January, 1998, before me, the undersigned, a Notary Public in and for the
State of Idaho, personally appeared Robert D. Come 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 affi~ced my official seal the day
and year first above written.
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My Commission Expires
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