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HomeMy WebLinkAbout504 9th St - Correspondence/Legal - 08/09/1976AGREEMENT THIS AGREEMENT is made and entered into this day of P-LI e,tjS 197by and between 4,7J2Cc , party of the first part, herein- after designated as "Owner", and THE CITY OF FORT COLLINS, COLORADO, a municipal corporation, hereinafter designated as. "city„ WITNESSETH: WHEREAS, 0 -n-er has applied to the City for a sanitary sewer tap to serve the property hereinbelow described; and WHEREAS, Owner has further requested that the City permit payment of the fees for such tap in installments; and WHEREAS, in accordance with the resolutions previously adopted by the City Council such payment, in installments, has been agreed upon. NOW, THEREFORE, it is agreed as follows: 1. City hereby grants unto Owner a tap on the City's sanitary sewer utility to serve the property located at S0 t/ 4,11r1t4 (insert street address) . 2. The amount due,from Owner to the City for such tap is Five Hundred Fifty Dollars ($550.00), of which $ C has been paid by Owner, leaving a balance due of $ Such remaining balance shall be payable to the City in equal monthly installments of $ �}� sb g one (1) commencing month from the date of this agreement and on the like day of each month thereafter until the full balance is paid. In the event of the failure of Owner to make any monthly payment when due, the City may declare the entire unpaid balance owing by Owner immediately due and payable and may begin foreclosing the lien granted below to collect such balance. 3. To secure the payment of the balance owing, the Owner hereby grants unto the City a lien on the following described property served by the sewer tap: This lien may be foreclosed in the same manner as a real estate mortgage in the event of failure of Owner to make the payments called for under this agreement. 4. This agreement shall be binding upon the parties hereto, their heirs, personal representatives, successors and assigns. IN WITNESS WHEREOF, the parties hereto have caused this agreement to be signed the day and year first hereinabove written. OWNER: CITY: THE CITY OF FORT COLLINS, COLORADO By Director of,Finance -2-