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HomeMy WebLinkAboutSewer Ext/Dyer/Cedar LakeSANITARY SEWER ~EXTENSiON REIMBURSEMENT AGRE_~Eb~ENT BETWEEN THE CITY OF CARMEL, INDIANA AND PHILLIP ;A. & PATRICIA A.DYER This Agreement entered this 6th .day of March between the City of Carmel, Indiana (hereinafter "Carmel") Philtip A. and Patricia A. Dyer. ,1985, and WINESSETH WHEREAS, Carmel duly adopted and enacted ordinance S-41 (Jaquary 5, 1982) that provides in part for the reimbursement by Carmel of private funds expended for sanitary sewer extensions as determlned by the Board of Public Works and Safety, and WHEREAS, Phillip A. and Patricia A. Dyer desires to extend an off site sanitary sewer extension in Cedar Lake Subdivision, Carmel, Indiana at an increased cost of' $60,064.00 'NOW THEREFORE, the parties agree as follows: 1. This written Agreement entered prior to the commencement of constr~uctzon ~s execute~ by the parties pursuant to ordinance S-~I (Section 7.02 and 7.04 of the Carmel City Code)(January 5, 1982). 2~ Phillip .~. and Patricia A. Dyer shall install and pay for the sanitary sewed'extension to.qedar Lake Subdivision and advance the sum of $ 60,064.00 to or on behalf of Carmel to pay for the construction of the sanitary sewer extension. 3. Carmel determines such expenditure ~o be necessary to provide adequate sewage hollection to adjacent real estate and to meet the requirements of Carmel. 4. Carmel and Phillip A. and Patricia A. Dyer agree that Phillip A. and Patricia A. Dyer shall Re entitl~d to reimbursement of the sum of $ 60~06~°00 from the "Interceptor Fund" established pursuant to ordinance S-41. 5, Carmel's obligation shall be to repay funds from those deposited in the "Interceptor Fund" and Carmel does not incur any liability for repayment other than to pay from funds deposited in the "Interceptor Fund". IN WITNESS WHEREOF, the parties have executed this Agreement on the date first above written. Billy Walker, Member Board of Public Works Fred Swift~ Membfr Board of Public~orks Patricla A. Dyer . . iJ 'j'- ;"/ ":'. ':1:1'" L .1' 1 . ',.\ . J !:", "".;1" I -'. "'Ij ,.\. ~\ q . , \ ,,,,' nO '?, 1'06" e.