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ASSESSMENT A,G~~EMENT
LOT 5 BLOCK 1 INTERSTATE CENTER
This Agreement made and entered into this 22nd 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 SELECT DEVELOPMENT, 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 Cfty 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) 8 (EIGHT)
Sewer Assessment per (ERU) $1,580.00
Sewer Assessment Tatal $12,640.00
Sewer Latecomers Fee per (ERU) $469.00
Latecomers Fee Total $3,752.00
Water (ERU) Domestic /Landscaping 8 (EIGHT)
Water Assessment per (ERU) $704.00
Water Assessment Total $5,632.00
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.
SELECT DEVELOPMENT
ASSESSMENT AGREEMENT
Page 2
SELECT DEVELOFME1yT
President
STATE OF IDAHO, )
. ss.
County of Ada, )
On this 22nd day of October, 1997, before me, the undersigned, a Notary Public in and for
the State of Idaho, personall appeared, JEFF P . FULLMER and
RANDY L . FULLMER known or identified to me (or proved to me on the
oath of _ ), to be the President and Secretary of SELECT
DEVELOPMENT and who subscribed their names to the within instrument and acknowledged to
me that they executed the same for said SELECT DEVELOPMENT.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day
and year first above written.
~~~~. S N, t a,, KRIS N . TEAKLE ~( ~- ~ ~L..~
Notary Public for Idaho
* r1~~ARY ~; ~ Residing at soISE, IDAHO
*~ My Commission Expires 1- 0 4- 0 4
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Secretary Randy L. Fullmer
I A~ ' . y
SELECT DEVELOPMENT
ASSESSMENT AGREEMENT
Page 3
CITY OF MERIDIAN
2
rt . C rrie, Mayor
iam G. Berg, Jr:, City Clerk
STATE OF IDAHO,
C'~~ Irk?l~y,,
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. ss.
County of Ada, )
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On this ~r~i day of , 1997, 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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Notary P~blic,~~I~~
Residing at QQ`~~
My Commission Expires