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Home My WebLink About973960Page 1 of 3 CONTRACT THIS CONTRACT, made and entered into this 30 day of June, 2009, by and between the TOWN of Alpine, Wyoming, acting by and through its TOWN Council, hereinafter the "TOWN" and Roger Lynn Buschow hereinafter referred to as the "OWNER." Recitals WHEREAS, the OWNER owns and desires or is required to connect the following property to the TOWN sanitary sewer system; Legal Description: 1 52 Parkway Drive Lot #402 Palls Park 4th Addn, Alpine, Wyoming WHEREAS, Wyoming Statute 15 -1 -103, grants the TOWN the power to divide the TOWN into suitable districts for establishing a system of sanitary sewers and to provide and regulate the construction repair and use of sewers, provide penalties for violations of regulation and assess against the property concerned any penalty or costs and expenses in compliance with regulations.; and WHEREAS, TOWN ordinance 185 Ordinance No. 2008 -41, (the "ORDINANCE established rates, fees, rules, regulations and timetables for connections to the sanitary sewer system "sewer" and for the safe, economical and efficient operation and maintenance of the above facilities; and WHEREAS, in accordance with the ORDINANCE, the TOWN is authorized to amortize connection fees to the sewer pursuant to a contract and to set the terms thereof in its discretion including but not limited to, term and interest rate; and WHEREAS, the TOWN desires to furnish sanitary sewer services to the above referenced property; and WHEREAS, the OWNER is required to pay the connection fees at a time determined by the ORDINANCE NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, the parties agree as follows: 1. The TOWN agrees to accept a payment plan for the amortization of connection fees to the sewer as set forth below. 2. OWNER promises to pay to the order of the TOWN the principal sum of twothousand dollars ($2,000) plus interest per Equivalent Residential Unit "ERU as defined in the ORDINANCE for the connection fees, pursuant to the amortization schedule, attached hereto and incorporated herein as Exhibit 2. OWNER agrees to pay the principal balance, together with interest thereon at the rate of two and one half percent (2.5 per annum as provided herein. The principal and interest of this note shall be paid in amortized monthly installments over a term of twenty (20) years with the first monthly payment being due and payable on the fifth (5 day of August 2009, and with subsequent payments being due and payable on the fifth (5 day of each and every month thereafter until said principal sum and interest thereon is paid in full. 3. The OWNER shall have the right and privilege of paying the entire unpaid balance and principal at anytime with no prepayment penalty. 4. The OWNER must physically connect to the sewer on or before the dates indicated in the ORDINANCE for that type of property. 5. Failure to make payments in accordance with the amortization schedule attached hereto Town Initials Owner Initials 0381 e: w 2 re a w t0 M w Y Z 1 M 0 C, Y Q o �a� w Z U U Z 0 U to o: O O ce m z III J aRno 0 7 sIuMUIIaUMO Jo z a3ed Aue sa!Lied agl •4unww! IeluauJUaanoS Jo Aaaanos }o Jan!eM e se pan4suo3 aq lou pinogs suo!s!noJd Je!luals pue'suo!pe luawaDio}ua'MeI jo a3lo43 'anuan }o suona.euS!saa Mel awls Jaqw) Ile pue 'TOT •oAM of luensand Amu° lquauauaano2 Jo uS!aaanos se 1! algellene sasua }ap pue sawunww! !le sulelaa A!!e3! }pads pue '}uawaaa v olu! Suualua Aq Al!unww! 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SuluS!s Aq pue 30NVNIM:10 age }o suolslnoad Su!!!!q a3uepao33e u! aJn3 0� Al!unioddo ue pue aapou Jal} }e papauuo3sip 2ulaq A}Jadoad of a3lAJas JaleM u! !legs ambiguity in this Agreement shall not be strictly construed, either against or for either party, except that any ambiguity as to sovereign or governmental immunity shall be construed in favor of sovereign or governmental immunity. EXECUTED the day and year above set forth. OWNER: Roger Lynn Buschow COUNTY OF L ss The f regoing instrument was acknowledged before me day of 41N6 2009. 3O 14...(L_ STATE OF WYOMING My commission expires: TOWN OF ALPINE By: Victoria DeCora Its: Mayor Co 15--1 1 ATTEST: Brenda Bennett, Clerk COUNTY OF LINCOLN STATE OF WYOMING )ss Page 3 of 3 �Tw' 4WiN "�ti�zte�4YJrr� .,,rw•':,�: a +'T.y >•'L¢MN' TERRA lVili NOTARY PUBLIC County 6 Lincoln: i y M Commiz:<,ian l ixpir. b R �/O y t!�C this Ly Bas 4o NaLA WO Notary Public,) CYNTHIA FERRELL Notary Public Teton County 1 ry e ,I Wyom My Commtaafon Exblrsa The foregoing instrument was acknowledged before me by Victoria DeCora, personally known to me, who being duly sworn, did state that she is the Mayor of the TOWN of Alpine, Wyoming and that this instrument was signed for and on behalf of said municipal corporation, and said Mayor acknowledged said instr ent as the free act and deed of said municipal poration this day o' i 2009. Town Initials BREND NOiARY PUBLIC Suite of Wyoming County of M y commission ex ires:A„ Comm;: >n ary Public Owner Initials 0 8 r State of Wyoming la.° 1�: