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RECORDED - Ri:OUEST OP
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ASSESSMENT AGREEMENT
1500 N LOCUST GROVE RD
This Agreement made and entered into this 9th of February, 2000, by and between the CITY
OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and
GEYER INVESTMENTS 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) 2 (TWO)
Sewer Assessment per (ERU) $1580.00
Sewer Assessment Total $3160.00
Sewer Latecomers Fee per (ERU) $492.00
Latecomers Fee Total $984.00
Water (ERU) Domestic /Landscaping 2 (TWO) / 2 (TWO)
Water Assessment per (ERU) $704.00
Water Assessment Total $2816.00
Water Latecomers Fee per (ERU) NOT APPLICABLE
Water Latecomers Fee Total NOT APPLICABLE
* (ERU) Equivalent Residential Units
NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:
1. 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 eighteen (18)
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 (10) days the shortage of payment
resulting from the re-evaluation.
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GEYER INVESTMENTS CO.
ASSESSMENT AGREEMENT
Page 2
GEYER INVESTMENTS
President
Secretary
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Ro~ D. Corrie, Mayor
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William G. Berg, Jr., Ci Cl rk
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GEYER INVESTMENTS CO.
ASSESSMENT AGREEMENT
Page 3
STATE OF IDAHO, )
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County of Ada, ) •~~'•ogTP OF 19~.~`~,,
On t ' U , 2000,. before me, t e undersigned, a Notary Public in and
for the State of Idaho, personally appeared, ~~' ~
and , kno or identified to me (or proved to
me on the oath of ), to be the Presi nt and Secretary
of GEYER INVESTMENTS CO, and who subscribed their names to the within instrument and
acknowledged to me that they executed the same for said GEYER INVESTMENTS CO..
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day
and year first above written.
SEAL
STATE OF IDAHO, )
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County of Ada, )
On this 9th of February, 2000, 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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