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Office Value~ ~, ;~~?~ ~~su~~rY ~ECO~QE~ ~ ~~~'!;°~ Fi~'d~~tt~0 ~ .`4 "J ~'~~~ ~~ ~ Q ~i ~~~ ~ J R~CORDEQ • RE1~UE5T QE' A11ER1DIAlV ~i FEE '~ i~EI~UT , ~~ ~ I ~ ~ ~ V ~ ~ , LOT 3, BLOCK 1, TREASURE VALLEY BUSINESS CENTER 3055 EAST FAIRVIEW AVE. This Agreement made and entered into this 16th of April, 1999, by and between the CITY OF MERIDIAN, a municipal corporation of the State of Idaho, hereafter referred to as CITY, and OFFICE VALUE, hereafter referred to as APPLICANT, their heirs, successors, assigns and personal representative. 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 FOUR (4) $1580.00 $6320.00 N/A N/A Water (ERU) Domestic /Landscaping Water Assessment per (ERU) Water Assessment Total Water Latecomers Fee per (ERU) Water Latecomers Fee Total * (ERU) Equivalent Residential Units FOUR (4) /TWO (2) $704.00 $4224.00 N/A N/A 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 fizll 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. OFFICE VALUE ASSESSMENT AGREEMENT Page 2 OFFICE VALUE r _.A.. President ~. COTI'le, Mayor ``i,~,,,,-„riir~ya)y;. .~`'~ ~~ ~`'~ rel. ~'~o~~-- ~` 'ge`l ~;r,,,, F„ G. Berg, Jr., City C rk ~ ~ ° ~-~, _ } ~~~L .,~ ~ OFFICE VALUE ASSESSMENT AGREEMENT Page 3 STATE OF IDAHO, ) . ss. County of Ada, ) On this 16th day'of April, 1999, before me, the undersigned, a Notary Public in and for the State of Idaho, personally appeared, Pl,; //; p C. !l o~,- l~ and ~l,e.f-„ ~ _; 20~.~,~ , known or identified to me (or proved to me on the oath of ~ ), to be the President and Secretary of OFFICE VALUE and who subscribed their names to the within instrument and acknowledged to me that they executed the same for said OFFICE VALUE. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. ~~oc~a~aase.~B~<<a. SEAL w ,~'4a ~ ~ 'a ~, '~~1".. il. ~ ~" ^ a , jup I.,,y 4. "` y' r ~ ~' ` Notary Public for Idaho ti9 u °~""~ ~' ..... ' <, ~ :,. ~ .. '; Residing at iz~ys Naf~rs •~©~~ l3o;s~, re a3 zv 9 ~~ My Commission Expires s f~,,~o,s ., °eee6snaaasse STATE OF IDAHO, . ss. County of Ada, ) ~,y~ On this tfrth day of A~rll, 1999, 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 subscn'bed 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 wrilt~i~. ' .. ,. Notary l~blic for Id CL1Gw- Residing at My Commission Expires