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AGREEMEI'~TT
FOR SEWER/WATER ASSESSMENT
3071 EAST FRANKLIN RD
This Agreement made and entered into this 10th of June, 1999, by and between the CITY OF
MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and
PLAZA INVESTORS, LLC, hereafter referred to as APPLICANT, its 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)
Sewer Assessment per (ERU)
Sewer Assessment Total
Sewer Latecomers Fee per (ERU)
Latecomers Fee Total
Water (ERU) Domestic
Water Assessment per (ERU)
Water Assessment Total
Water Latecomers Fee per (ERU)
Water Latecomers Fee Total
* (ERU) Equivalent Residential Units
6 (SIX)
$1580.00
$9480.00 paid
TO BE DETERMINED
TO BE DETERMQNED
6 (SIX)
$704.00
$4224.00 paid
TO BE DETERMINED
TO BE DETERMINED
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.
**Please return this agreement with original signatures, photocopies are not acceptable**
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PLAZA INVESTORS LLC
ASSESSMENT AGREEMENT
Page 2
PLAZA INVESTORS LLC
BY: Cimco Investement Corporation, Its Manager,
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~. Cowie, Mayor ~ ~, TFO
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G. Berg, Jr., Ci CI k ~,,, y ct~s c ''g ~ ~~~
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By: Thomas H Dye, President
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PLAZA INVESTORS LLC
ASSESSMENT AGREEMENT
Page 3
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STATE OF-~H )
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On this~~ day of 1'~~c K ,2000, before me, the undersigned, a
Notary Public in and for the State of~~a, personally appeared, Thomas H. Dye, as President of
Cimco Investment Corporationknown or identified to me to be, the Manager of, PLAZA
INVESTORS, LLC and who subscribed their names to the within instrument and acknowledged
to me that they executed the same for said PLAZA INVESTORS, LLC.
County of la
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IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day
and yeaz~~Tebeba~Y~~written.
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STATE OF IDAHO, )
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County of Ada, )
Notary Public foritlahe was~i/'•~*9 ?~-
Residing at ~e°,-ra 1'~C ~~r° kL~
My Commission Expires ~ 8, 2.~v3
On this :~~~day of ~`~~i " , 2000, before me, the undersigned, a Notary
Public in and for the State of Idaho, personally appeazed 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 subscnibed 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.
SEAL .•~-~. E _ UGC .
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