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RCI Realtyf~ ~ i r ,ACA t~ry:y(~Ut~TY} AARtEC©O^~DEF~ J. Vlti~te~~~ R~1'1 ~l~I~I6~ ?aDfl OC 19 Poi { = 29 RECt~RDEU-ftE;iUE.S7 Q MER1©i~ G TY 77~,~F~_EE ~ DERUT ' .- / 1 V AGREEMENT FOR SEWER/WATER ASSESSMENT 1460 N EAGLE RD ~Ty This Agreement made and entered into this May 11, 2000, by and between the CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and RCI ~~, 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 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 9 (NINE) $1580.00 $14220.00 N/A N/A 9 (NINE) $704.00 $6336.00 N/A N/A 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 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** 1 z ~~~~ RCI , INC ASSESSMENT AGREEMENT Page 2 RCI REALITY, INC S President Secretary ~. Cowie, Mayor aA _ 1 G. Berg, Jr., City ~titi~~z;izzftt-tl~t~rrpi 1 "(~ r/,. ~ ~ ~^ ~r V ~, w w ~' _ ~~~L - r ~'C,A, ~ ~ +`4 °-, 9Q Jr ~s~c • ~ ,,,, ~ COY ~ -~,~: ~~~ ~~~~ RCI ,INC ASSESSMENT AGREEMENT Page 3 STATE OF IDAHO, ) . ss. County of Ada, ) On this day of ,2000, before me, the undersigned, a Notary Public in and for the State o C~bsonally appeared, C~~J ~N~'~~ and known or identified to me (or proved to me on the oath of ), to be the President and Secretary of RCI REALITY, INC and who subscribed their names to the within instrument and acknowledged to me that they executed the same for said RCI REALITY, INC. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. DEBORAH K. HOLLOWAY NOTARY PUBLIC STATE OF COLORADO Notary Public tbro Residing at ~~;~~1,J. My Commission Expires ~~ STATE OF IDAHO, ) . ss. County of Ada, ) On this day of ~~'~~~ ,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. ~aarrrr~ ~~ • SEAL :~~~,C~~'~t', f,,`. ' . . . . . ~ ~ ' ~+?,, p(~j,1G~0~ •raaa• Notary Public far-I~n~ Residing at V -ti-~-'`~ My Commission Expires ~'1-r~b