HomeMy WebLinkAboutStreet Light Agreement with Capital Development for Settlement Bridge No. 4
ADA COUNTY RECORDER J. DAVID NAVARRO
BOISE IDAHO 08/31/06 02:23 PM
DEPUTY Vicki Allen
RECORDED - REQUEST OF
City of Meridian
AMOUNT .00
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STREET LIGHT AGREEMENT
This Street Light Agreement is made and entered into between the CITY OF MERIDIAN
and Capital Development Inc., pertaining to the street lights in Settlement Bridge #4 a residential
development in Meridian, Idaho.
For good and valuable consideration, the receipt of which is hereby acknowledged, the
parties agree as follows:
1. Capital Development inc has provided 4ea. single head 100watt street light poles,
concrete pole bases, fixtures, bulbs, and components to the residential development
known as Settlement Bridge #4 in Meridian, Idaho. The parties acknowledge that the
4ea. single head 100watt street light poles and appurtenances were specially ordered
items, not customarily used in residential developments in Meridian, Idaho.
2. Capital 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 Capital 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 bum 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 4ea. single head lOOwatt street lights located in Settlement Bridge #4 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 Capital Development Ine will assign its rights and
obligations hereunder to when said Homeowners Association is formed and operational.
STREET LIGHT AGREEMENT
Page 1 ~.s
This AGREEMENT shall be binding on Capital Development Inc. its heirs, sueeessors
and assigns, and the CITY OF MERIDIAN.
Dated this aa
day of 0.1\ ~ Ad-
, 20(\\. 0
CITY OF MERIDIAN, a municipality and ,
Political subdivision of the State of Idaho
ATTEST:
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William G. Berg, Jr., City Clerk
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Capital Development Inc.
By
ATTEST:
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STREET LIGHT AGREEMENT
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County of Ada, )
On this 9-b day of ~Lt%i^-~k , 20 O~. before me, the undersigned, a Notary
Public in and for said State, personally appeared Mayor 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.
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SEAL
NOTARY PUBLIC F:OR roAHO nd
RESIDING AT~)]f''-- J
MY COMMISSION EXPIRES 10 --rf' - t I
STATE OF
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County of
On this "31 day of "5u....~ ' 20 OlP . before me, the undersigned, a Notary Public
in and for said State, pe nally appeared ~V\.- Y (JY'~'~~5[J"Y"\ and
'15 known to me to be the Pres' ent and Secretary of
, ., and who executed the within instrument on behalf of said
owledged 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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NOTARY PUB C F~O
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MY COMMISSION E IRES
MY COMMISSION EXPIRES
June 8, 2011
BOI'IDIDTHRU NOTARY l'tJBI.!(' '.1"'J)!lt1ll"'~l""~ -
STREET LIGHT AGREEMENT
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