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ASSESSMENT AGREEMENT
LOT 2, BLOCK 1, RAMA SUBDIVISION
1047 SOUTH PROGRESS AVENUE
This Agreement made and entered into this 7th day of October, 1998, by and between the
CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY,
and MICRORAMA, LLC, 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) THIRTY-FOUR (34)
Sewer Assessment per (ERU) $1,580.00
Sewer Assessment Total $53,720.00
Sewer Latecomers Fee per (ERU) N/A
Latecomers Fee Total N/A
Water (ERU) Domestic /Landscaping THIRTY-FIVE (35)1 TWO (2)
Water Assessment per (ERU) $704.00
Water Assessment Total $26,048.00
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:
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 twelve (12) 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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MICRORAMA, LLC
ASSESSMENT AGREEMENT
Page 2
Secretary
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William G. Berg, Jr., City
MICRORAMA. LLC
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MICRORAMA, LLC
ASSESSMENT AGREEMENT
Page 3
STATE OF IDAHO, )
. ss.
County of Ada, )
On this 7th day of October, 1998, before me, t e d~igned,
State of Idaho, personally appeare ,
known r ' ified.:
oath of ), to be the
MICRORAMA, LLC and who subscribed their names to the within
to me that they executed the same for said MICRORAMA, LLC.
Not y Public in and for the
and
e o me o the
of
instrument d ac owledged
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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STATE OF ID )
. ss.
County of Ada, )
On day of Oeteber; 1998, 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 dear first above written.
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