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ASSESSMEi~T AGREE~VIE~T
977 SOUTH PROGRESS AVENUE
This Agreement made and entered into this 24th day of February, 1998, by and between the
CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY,
and R.T. NAHAS CO., 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) ONE (1)
Sewer Assessment per (ERU) $1,580.00
Sewer Assessment Total $1,580.00
Sewer Latecomers Fee per (ERU) N/A
Latecomers Fee Total N/A
Water (ERU) Domestic /Landscaping ONE (1)
Water Assessment per (ERU) $704.00
Water Assessment Total $704.00
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:
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 (1D~ days the shortage of payment resulting from
the re-evaluation.
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R.T. NAHAS CO.
ASSESSMENT AGREEMENT
Page 2
Secretary
CITY OF MERIDIAN
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G. Berg, Jr., City Cle
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R.T. NAHAS CO.
ASSESSMENT AGREEMENT
Page 3
STATE OF IDAHO, )
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County of Ada, )
On this 20th day of February, 1998 ,before !me, the undersigned, a Notary Public in and for
the tate of Idaho, personally appeared, ~~i~/,cPi~" /,(~ ~d~i„Q,AJ and
4~ , known or identified to me (or proved to me on the
oath of ), to be the President and Secretary of R.T.
NAHAS CO. and who subscribed their names to the within instrument and acknowledged to me that
they executed the same for said R.T. NAHAS CO. .
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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STATE OF IDAHO, )
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County of Ada, )
Notary Pu~ihc for Idaho
Residing at
My Commission Expires oZ 3
On this 20th day of February, 1998 ,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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