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AS SE S SMENT AGREEM - ~ - ~~T ~ r
LOT 9, BLOCK 1, LAYNE INDUSTRIAL PARK
2355 E. COMMERCIAL ST.
This Agreement made and entered into this 14th day of May, 1997, by and between the CITY
OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and
EXCEL VENTURES, 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
andlor those established in the City's Ordinances for the proposed type of facility.
Sewer (ERU) 1 (ONE)
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 1 (ONE)
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:
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
facilitywill 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.
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EXCEL VENTURES
ASSESSMENT AGREEMENT
Page 2
DAROL FORSYTHE / REINCO
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President
STATE OF IDAHO, )
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County of Ada, )
On this 14th day of May, 1997, before me, the undersigned, a Notary Public in and for the
State of Idaho, personally appeared, ~ cutio \ ~- or s yac~ and
.~o ~~. for s ~~1-~-. , known or identified to me (or proved to me on the
oath of ), to be the President and Secretary of EXCEL
VENTURES and who subscribed their names to the within instrument and acknowledged to me that
they executed the same for said EXCEL VENTURES.
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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EXCEL VENTURES
ASSESSMENT AGREEMENT
Page 3
Mayor
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G. Berg, Jr., City
STATE OF IDAHO, )
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County of Ada, )
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On this 14th day of May, 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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