HomeMy WebLinkAboutBrighton Development, Inc. Bainbrigde No. 11 and No. 12 Subdivisions Payment in Lieu of Streetlights AGREEMENT TO ACCEPT PAYMENT IN LIEU OF INSTALLING STREETLIGHTS
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BAINBRIDGE NO. I 1 AND NO. 12 SUBDIVISIONS
THIS AGREEMENT for streetlight installation, made this 30thday of�Nov.2021 1 between the City of
Meridian, a municipal corporation organized under the laws of the State of Idaho, whose address is
33 East Broadway Avenue, Meridian, Idaho (hereinafter "City"), and Brighton Development, Inc.,
2929 W. Navigator, Suite 200 Meridian, Idaho 83642, (hereinafter"Brighton").
WHEREAS, Brighton has received from City, conditional approval of the Final Plat for the
Bainbridge No. 11 Subdivision, Case No. FP H-2019-0125; and,
WHERAS,Bright has received from City,conditional approval of the Construction Plans for the
Bainbridge No. 12 Subdivision, Case No. LD-RSUB-2020-0046; and,
WHEREAS, One of the Site Specific Conditions of Approval of City's approval of FP H-2019-
0125 is to install streetlights on all public roadways per the City of Meridian Improvement Standards
for Street Lighting; and,
WHEREAS,One of the Site Specific Conditions of Approval of City's approval of LD-RSUB-2020-
0046 is to reimburse the City for the streetlights that were installed on Chinden Blvd; and,
WHEREAS, W. Chinden Blvd. has been widened and streetlights installed after the approval
of Bainbridge No. 11; and,
WHEREAS, City funded the installation of streetlights on W. Chinden Blvd. with the
understanding that development would reimburse installation costs that are typically required of
development.
NOW THEREFORE,THE PARTIES AGREE AS FOLLOWS:
1. Brighton shall pay to City the amount of$42,325.00 as the amount necessary to supply and
install five (5) type 1 streetlights for Bainbridge No. 11 Chinden frontage.
2. Brighton shall pay to City the amount of$25,395.00 as the amount necessary to supply and
install three (3) type 1 streetlights for Bainbridge No. 12 Chinden frontage.
3. City agrees to accept the amount set forth in Articles 1 and 2 in lieu of requiring Bainbridge
to install the five(5)streetlights on W.Chinden Blvd frontage of Bainbridge No. 11 Subdivision
and three (3) streetlights on W.Chinden Blvd frontage of Bainbridge No. 12, Subdivision.
4. Upon payment of the amount in Articles 1 and 2 by Bainbridge to City, Bainbridge's
requirement to install the eight(8)total streetlights on W. Chinden Blvd. shall be considered
satisfied.
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Item#5.
5. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their
heirs, successors and assigns, and shall survive any transfer by Bainbridge of Bainbridge's
Property.
IN WITNESS WHEREOF,the parties shall cause this Agreement to be executed by their duly authorized
officers the day and year first above written.
Brighton Development Inc. CITY OF MERIDIAN
. By.
onathan D. Wardle, President Robert E. Simison, Mayor 11-30-2021
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