HomeMy WebLinkAboutStreet Light Agreement with Paramount Development, LLC for Paramount Fox Run Way
ADA COUNTY RECORDER J. DAVID NAVARRO
BOISE IDAHO 05126/05 08:36 AM
DEPUTY Bonnie Oberbillig
RECORDED-REQUEST OF
Meridian Cily
AMOUNT .00
1111111111111111111111111111111111111
105066154
STREET LIGHT AGREEMENT
This Street Light Agreement is made and entered into between the CITY OF MERIDIAN
and PARAMOUNT DEVELOPMENT, INC., pertaining to the street lights in PARAMOUNT-
FOX RUN WAY, a residential development in Meridian, Idaho.
For good and valuable consideration, the receipt of which is hereby acknowledged, the
parties agree as follows:
1.
Paramount Development, Inc. has provided 14 ea. single-head street light poles, concrete
pole bases, fixtures, bulbs, and components to the residential development known as
Paramount-Fox Run Way in Meridian, Idaho. The parties acknowledge that the 14 ea.
single-head street light poles and appurtenances were specially ordered items, not
customarily used in residential developments in Meridian, Idaho.
2.
Paramount Development, Inc. 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 Paramount Development, Inc. 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 authorizes and pay for the electrical service to be
supplied to the 14 ea. single-head street lights located in Paramount-Fox Run Way 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' type.
5.
It is understood and agreed that Paramount Development, Inc. will assign its rights and
obligations hereunder to Paramount Owners Association, Inc.
PARAMOUNT-FOX RUN WAY - STREET LIGHT AGREEMENT
Page 1
Pase-L0t.2-
This AGREEMENT shall be binding on Paramount Development, Inc. its heirs,
successors and assigns, and the CITY OF MERIDIAN.
Dated this
~
day of
~u
\
,20~.
CITY OF MERIDIAN, a municipality and
Political subdivision of the State ofIdaho
ATTEST:
"-"
)\
~rVt(:..c: 'J c~a-...d..e >-3-ðS-
By:
PARAMOUNT-FOX RUN WAY - STREET LIGHT AGREEMENT
Page 2
Pagf'. d nf ~
STATE OF IDAHO)
) ss.
County of Ada, )
On this1""day of fV\ß.y ,20 oS , before me, the undersigned, a Notary
Public in and for said State, personally appeared TAMMY DeWEERD 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
", ,m.........
""'~C;ß L. S.~~
~-- ..¡. """'" ~"';. ~o ,
~ ",'l'.. "'.;? 'to
¡ ! ~OTAJtJ- .i \
: * : -.- . * !
~ . : :
t \ J>UBL\C: ¡
\<I~,"" .-'0/
" -1' '......" 'to~' .~
""'/'/¡ Of \~ ,..--
,..,.........",
-;left
AR PUBLIC FOR IDAHO
SID GAT Jflfr¡'j¡"'-n.~
MMISSION EXPIRES M/;lÐ/O 7
)
) ss.
County of )
On thisJb~ay of Ar"'.} , 20~ , before m~, the undersigned, a Notary Public
in and for said State, personãlly appeared Rebecca A. Hanks known to me to be the Corporate
Secretary of Paramount Development, Inc., and who executed the within instrument on behalf of
said corporation, and acknowledged to me that said corporation executed the same.
STATE OF
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
day and year first above written.
SEAL
~.
~y PU:Ugo~
RESIDING AT ;~ (:ID
MY COMMISSION EXPIRES .5/3/10
PARAMOUNT-FOX RUN WAY - STREET LIGHT AGREEMENT
Page 3
Pagf! ;) nf.5