HomeMy WebLinkAboutStreet Light Agreement with Capital Development, Inc. for Baldwin Park IIIADA COUNTY RECORDER J. DAVID NAVARRO 3
BOISE IDAH011/17103 09:52 AM
DEPUTY Bonnie Oberbillig
McCd ao CityREQUEST OF ~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~ ~~~
AMOUNT__00 _ i X31 X3118
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 Baldwin Park III, 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 6ea. Single head and Sea. Double head street light
poles, concrete pole bases, fixtures, bulbs, and components to the residential development
known as Baldwin Park III in Meridian, Idaho. The parties acknowledge that the 6ea.
Single head and Sea. Double head 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 burn 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 6ea. Single head and Sea. Double head street lights located in Baldwin
Park III 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 Inc will assign its rights and
obligations hereunder to when said Homeowners Association is formed and operational.
CTR FFT T .TC'THT A C'TR FRMRNT Pa uP ~
This AGREEMENT shall be binding on Capital Development Inc. its heirs, successors
and assigns, and the CITY OF MERIDIAN.
Dated this ~~~ day of ~G~~c~ , 20 ~3
By
ATTEST:
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William G. Berg, Jr., Ci C erk %, 9~ c~'Sr zs~ ,'` ~~Q ;:
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By
ATTEST:
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CITY OF MERIDIAN, a municipality and
Political subdivision of the State of Idaho
Robert D. Corrie, Mayor
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Capital Development Inc.
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STATE OF IDAHO, )
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County of Ada, )
On this l2~day of ~~i~-~P/VyL~il , 20 ~~, 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.
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STATE OF ,)
County of ,)
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NOTARY PUBLIC FOR IDAHO
RESIDING AT ' G~al~~'fi ~ ,~~jw
MY COMMISSION EXPIRES -28~~
On this ~ day of ~ C~ b~C ~ , 20 0 3 ,before me, the undersigned, a Notary Public
in and for said State, personally appeared t~ghnp (1~O~Ol~D(~ and
I~Y1.0<<t l ~l ~, ~' 0 known to me to be the Presi ent and Secretary of
U ., 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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NOTA Y PUBLIC FOR IDA
RESIDING AT ~j~~Q ~ ~~Ol lip
MY COMMISSION EXPIRES ~ ~ 31.0
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