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<br /> ~ ~ <br /> f' <br />-;:, <br />"'f . - "- <br />. <br />.. . <br /> AGREEMENT <br /> THIS AGREEHENT made this 7th day of December, 1975 by <br /> and between the Ci ty of Ne,v Brighton, hereinafter called "CITY", and <br /> Brighton Square Horne Owners Association, Inc., hereinafter called <br /> "ASSOCIATION", witnesseth <br /> , WHEREAS CITY levied an assessment for Improvement No. 73-9 of <br /> which a portion was levied against 8 homeowners totaling $1,657.60, <br /> and <br /> WHEREAS, Improvement No. 73-9 actually benefited the common area <br /> in Brighton Square owned by all members of ASSOCIATION, and <br /> WHEREAS, ASSOCIATION has adopted a resolution by vote of its mem- <br /> bership which authorizes an agreement with CITY to provide for a <br /> reassessment to apportion one-sixtieth of said $1,657.60 against each <br /> of the 60 homes in Brighton Square <br /> NOW THEREFORE, IT IS AGREED by and between CITY and ASSOCIATION <br /> as follows: <br /> 1.' CITY will cancel the assessment levied against the eight homes <br /> inBright~n Square for Improvement 73-9 at the rate of $207.20 each. <br /> 2. CITY will reassess the protion of the cost of Improvement 73-9 <br /> attributable to Brighton Square in the sum of $1,657.60 so as to assess <br /> $27.63 against each of the 60 homes in Brighton Square. <br /> 3. ASSOCIATION, in consideration of the actions of CITY and in <br /> recognition. of the fact that the time to appeal from the initial assess- <br /> ment for Improvement No. 73-9 has expired, does hereby agree to save <br /> and hold CITY hannless from any and all costs and attorneys' fees <br /> incurred by reason of any litigation, claims, assessment appeals <br /> or other proceedings against the CITY by reason of the assessment or <br /> reassessment of the costs of Improvement No. 73-9 against lands in <br /> Brighton Square, and further waive the usual 30 day time period <br /> following the levying of an assessment in which such assessment may be <br /> paid without interest, and such assessment shall bear interest from <br /> September 14, 1975. <br /> Executed this 9th day of December, 1975. <br /> ATTEST: . <br /> ~~}eI2Q~,.. - <br /> VernQn C. Pederson, Clerk/Treas. <br /> WITNESS BRIGHTON SQUARE HOMEOWNERS ASSOCIATION, INC. <br /> ,~ <br /> ~$LcL~7J b y__---/~=~'-K/.. ~L . -~~ <br /> ~-;- -;;,</7/'-'/ <br /> President <br /> '~fffc:jf}l1Yhtll f' <br /> 'l' <br /> and d;.Ao aI ::/. d~~ <br /> Secretary <br /> (SEAL) <br />