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HomeMy WebLinkAboutStreet Light Agreement wtih Bear Creek LLC for Bear Creek SubADA COUNTY I~ECORDER J, DAVID NAVARRO Z~I]INO-8 Pli 1~29 101117649 STREET LIGHT AGREEMENT This Street Light Agreement is made and entered into between the CITY OF MERIDIAN and BEAR CREEK, L.L.C., pertaining to the street lights in Bear Creek Subdivision, a residential development in Meridian, Idaho. For good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree as follows: BEAR CREEK, L.L.C. has provided 12 street light poles, concrete pole bases, fixtures, bulbs, and components to the residential development known as Bear Creek Subdivision in Meridian, Idaho. The parties acknowledge that the 12 street light poles and appurtenances were specially ordered items, not customarily used in residential developments in Meridian, Idaho. BEAR CREEK, L.L.C. 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 BEAR CREEK, L.L.C., 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. It is agreed that the City of Meridian authorize and pay for the electrical service to be supplied to the 12 street lights located in Bear Creek Subdivision in the usual and customary manner. 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 olT' type. It is understood and agreed that BEAR CREEK, L.L.C. will assign its rights and obligations hereunder to Bear Creek Subdivision Homeowner's Association when said Homeowners Association is formed and operational. BEAR CREEK SUBDIVISION STREET LIGHT AGREEMENT Page 1 This AGREEMENT shall be. binding on /ff~'~,'r ~be_.g.~? L, d. e.. its heirs, successors and assigns, and the CITY OF MERIDIAN. Dated this day of ,20 ATTEST: William G. Berg, Jr., City CITY OF MERIDIAN, a municipality and Political subdivision of the State of Idaho Robert D. Corrie, Mayor ATTEST: BEAR CREEK, L.L.C. ~/ ~/ d/'~vlanagingMamber STATE OF IDAHO, ) : SS. BEAR CREEK SUBDIVISION STREET LIGHT AGREEMENT Page 2 County o£ Ada, ) On this 7~day of ~,{,~t~ ,20 o! , before me, the undersigned, a Notary Public in and for said State, personally appeared ROBERT D. CORRIE 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 IvrY~COMMIS SION EXPIRES STATE OF ,) County of ,) SS. On this og& day of O c)r. ,20 O I, before me, the undersigned, a Notary Public in and for said State, personally appeared C~x--e~-~'~o)~w3c~rx and -'~t'r,,o~-h~ ~, -F~¥/o~ known to me to be the l~anaging Member and Secretary of BEAR CREEK, L.L.Q. who executed the within instrument on behalf of 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. NOTAI{Y PUBLIC FOI~ IDAHO &~. RESIDINGAT ~.~L,~0za~ ~ _D MY COMMISSION E~KPIRES ~/Oq./~}OO:~ BEAR CREEK SUBDIVISION STREET LIGHT AGREEMENT Page 3