HomeMy WebLinkAboutStreet Light Agreement with Kingsbridge Properties, LLC for Kingsbridge No 1
ADA COUNTY RECORDER J. DAVID NAUARRO AMOUNT .00
BOISE IDAH010119/06 02:31 PM
DEPUTY Uicki Allen III IIIIIIIIIIIIIIIIIIIIIVIIIIII II III
RECORDED-REQUEST OF
Ciry of Meridian 106165915
STREET LIGHT AGREEMENT
This Street Light Agreement is made and entered into between the CITY OF MERIDIAN
and Kingsbridge Properties LLC, pertaining to the street lights in Kingsbridge Subdivision Phase
1, a residential development in Meridian, Idaho.
For good and valuable consideration, the receipt of which is hereby acknowledged, the
parties agree as follows:
1. Kingsbridge Properties LLC will provided 16 street light poles, concrete pole bases,
fixtures, bulbs, and components to the residential development known as Kingsbridge
Subdivision Phase 1 in Meridian, Idaho. The parties acknowledge that the 16 street light
poles and appurtenances were specially ordered items, not customarily used in residential
developments in Meridian, Idaho.
2. Kingsbridge Properties LLC, 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 , 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 16 street lights located in Kingsbridge Subdivision Phase 1 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.
It is understood and agreed that Kingsbridge Properties LLC will assign its rights and
obligations hereunder to Kingsbridge Subdivision H.O.A. when said fl:omeowners
Association is formed and operational.
STREET LIGHT AGREEMENT
Page 1 e~J
This AGREEMENT shall be binding on Kingsbridge Properties LLC. its heirs,
successors and assigns, and the CITY OF MERIDIAN.
Dated this day of ~ , 20~.
CITY OF MERIDIAN, a municipality and
Political subdivision of the State of Idaho
By ~~~r ; ~~CC~~'
Mayor DeWeerd.
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William G. Berg, Jr., ty erk y
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Kingsbridge Properties LLC
By ~
Randal S. Clarno, a aging Member
ATTEST:
Teresa Hewitt, Secretary
STREET LIGHT AGREEMENT Page 2 r~ 3
STATE OF IDAHO, )
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County of Ada, )
On this~day of ~ , 20 DLO, 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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NOTARY PUBLIC FOR IDAHO
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On this Z5 day of /~~~~'~~ ~~' , 20 oC~ ,before me, the undersigned, a Notary Public
in and for said State, personally appeared RANDAL S. CLARNO and TERESA HEWITT
known to me to be the Managing Member and Secretary of Kingsbridge Properties LLC, and
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.
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STREET LIGHT AGREEMENT
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