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Ridgeway Industrial, Inc... ~7 P~, ~.\:,.`~ °~°' 0~ r~E~o ~. s~ a~ ~' c~~~~~ ,~. ~J~i~.~RA~~~€10 FEE ~~ Di=PUi `'.~./ 1~~~ht~ !~ F~-~ a=~~ ~8C~2~0 ! 0 ASSESSMENT AGREEMENT 2251 E. LANARK ST. This Agreement made and entered into this 27th day of October, 1997, by and between the CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and RIDGEWAY .INDUSTRIAL, 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 those established in the City's Ordinances for the proposed type of facility. Sewer (ERU) 2 EXISTING Sewer Assessment per (ERU) $1,580.00 Sewer Assessment Total -0- Sewer Latecomers Fee per (ERU) N/A Latecomers Fee Total N/A Water (ERU) Domestic /Landscaping 2 EXISTING Water Assessment per (ERU) $704.00 Water Assessment Total -0- 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. RIDGEWAY INDUSTRIAL, INC. ASSESSMENT AGREEMENT Page 2 Secretary STATE OF IDAHO, ) . ss. County of Ada, ) On this 27th day of October, 1997, before me, the undersi , a Notary Public in and for the State of Idaho, personally appeared, ~ l ~ 1 and ,known or identified to a (or pr d to me on the oath of ), to be the President and Secretary of RIDGEWAY INDUSTRIAL, INC, and who subscribed their names to the within instrument and acknowledged to me that they executed the same for said RIDGEWAY INDUSTRIAL, INC.. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my ofFicial seal the day and year first above written. SEAL ~~~~~~~ Notary Public r Idaho .~~„~T R, t- Residing at 4 My Commission Expires ~ ~~~ M # .M~ w ~V~LiG ~ ~-' '~ OP Lt1*~4 RIDGEWAY INDUSTRIAL, INC. ASSESSMENT AGREEMENT Page 3 r J. Come, Mayor p G. Berg, Jr., City C STATE OF IDAHO, ) County of Ada, . $$. `1,~,,` Ip N i l l1'1 l1 it J J~ J/ "~~ w .~. .w. SQL w' ~~ ~ 'w C~ M JJliiNill6 tiN4~t`` i 8 ~„~- 19'g8 On this day of Oetober,-i-HH7, 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 subscnbed 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. Q~.°' ~`~ .~ ~OT~Y PUBL1G ~''•~?'8 pp 1'~4;~ Notary~ubli fYfr Idaho_ Residing at My Commission Expires