HomeMy WebLinkAboutStreet Light Agreement with Quasar Development for Sageland Sub
ADA COUNTY RECORDER J. DAVID NAVARRO AMOUNT .00
BOISE IDAHO 02123/05 01:33 PM
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Meridian Cily 105021470
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STREET LIGHT AGREEMENT
This Street Light Agreement is made and entered into between the CITY OF MERIDIAN
and Quasar Development, pertaining to the streetlights in SAGELAND , a residential
development in Meridian, Idaho.
For good and valuable consideration, the receipt of which is hereby acknowledged, the
parties agree as follows:
1.
Quasar Development Has provided 9 _street light poles, concrete pole bases, fixtures,
bulbs, and components to the residential development known as SAGELAND in
Meridian, Idaho. The parties acknowledge that the jLstreet light poles and appurtenances
were specially ordered items, not customarily used in residential developments in
Meridian, Idaho.
2.
Quasar Development, or it's assigns, agree to replace, repair and provide any required
maintenance of any of the above mentioned street lights, and/or appurtenances thereof,
that may hereafter be broken, damaged, or deteriorated, or require maintenance, at its
own expense; and it is further agreed that Quasar Development, or its heirs, successors
and assigns, shall keep the lights operational at all times, it being understood by the City
that bulbs, and/or ballast, do burn out and that the City will allow reasonable time to
replace them.
3.
It is agreed that the City of Meridian authorize and pay for the electrical service to be
supplied to the 2-street lights located in SAGELAND in the usual and customary
manner.
4.
It is agreed that the City of Meridian, because Idaho Power Company will not maintain
the bulbs and ballast or provide any maintenance, will enter into a Schedule 40
Agreement with Idaho Power Company, and not a Schedule 41 Agreement, which in
proper cases provide that Idaho Power Company would provide maintenance, bulbs, and
ballast. It is also agreed that lighting served under the Schedule 40 Agreement must be
controlled by a photo electric device of the "fail off' residential.
5.
It is understood and agreed that Quasar Development will assign its rights and obligations
hereunder to SAGELAND Homeowners Association when said Owners Association is
formed and operational.
STREET LIGHT AGREEMENT
Page 1 00
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This AGREEMENT shall be binding on SAGELAND Homeowners Association, its
heirs, successors and assigns, and the CITY OF MERIDIAN.
Dated this "g ~
day of ~~~~À\\. t
,20~.
CITY OF MERIDIAN, a municipality and
Political Sageland division of the State ofIdaho
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ATTEST: ¡. .. t
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William G. Berg, J~Clerk ..,.~. .
ApprovedbyCityCouncilon: ~).~\ ~ ~ \ 'c)(ú5
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y de Weerd, Mayor
Quasar Development
By ~....,"'"
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ATTEST:
Secretary
STREET LIGHT AGREEMENT
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STATE OF IDAHO, )
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County of Ada, )
. On this !!day of +eb,.."",~ ' 20 ~ before me, the undersigned, a Notary
Public in and for said State, personally appeared TAMMY DE WEERD and WILLIAM G.
BERG, JR., known to me to be the Mayor and City Clerk of the CITY OF MERIDIAN, Idaho,
and who executed 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 written.
SEAL
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STATE OF
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County of ,)
On this ~ay of jPm~ ,2005, bef~e, the undersigned, a Notary Public
in and fo~ State, perso Iy appeared ANDA A!..V'AI\:..O and
known to me to be ~ and Secretary of Quasar
Development., and who executed the within instrument ~"behàI't~f said corporation, and
acknowledged to me that said corporation executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
day and year first above written.
SEAL
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STREET LIGHT AGREEMENT
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NOTARY PUBLIC FOR 0
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MY COMMISSION EXPIRES 'J-J tJ J \J"
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