HomeMy WebLinkAboutStreet Light Agreement with Steiner Development, LLC for Lakes at Cherry Lane No 5STREET LIGHT AGREEMENT
This Street Light Agreement is made and entered into between the CITY OF MERIDIAN and
Steiner Development. L.L.C. pertaining to the street lights in The Lakes at Ghenv Lane # 5, a
residential development in Meridian, Idaho.
For good and valuable consideration, the receipt of which is hereby acknowledged, the parties
agree as follows:
1. Steiner Development. L.L.C. has provided ei ht 8 street lights poles, concrete pole
bases, fixtures, bulbs, and ballasts to the residential development known as The Lakes at
Cherry Lane # 5, Meridian, Idaho. the parties acknowledge that the ei ht 8 street light poles
acid fixtures were specially ordered items, not customarily used in residential developments.
2. Steiner Development, L.L.C. or its assigns, agree to replace, repair and provide any
required maintenance of any of the above mentioned street lights, globes, ballasts, and/or
components thereof, that may hereafter be broken, damaged, or deteriorated, or require
maintenance, at its own expense; and it is further agreed that Steiner Development, L.L.C., or
its heirs, successors and assigns, shall keep the lights operational at all times, it being
understood by the City that globes, and/or ballasts, do burn out and that the City will a
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 ei ht 8 street lights located in The_ Lakes at Cherry Lane # 5 in the usual and
customary manner.
4. It is agreed that City of Meridian, because Idaho Power Company will not maintain the
globes and ballasts 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 would provide maintenance, globes, and ballasts. It is also agreed that lighting
served under the Schedule 40 Agreement must be controlled by a photo electric device of the
"fail safe" type.
5. It is understood and agreed that Steiner Development. L.L.C. will assign its rights and
obligations hereunder to The Lakes at Cherry Lane Homeowner's Association when said
Homeowner's Association is formed and operational.
6. This AGREEMENT shall be binding on Steiner Development, L.L.C. its heirs,
successors and assigns, and the City of Meridian.
STREET LIGHT AGREEMENT
DATED This 30th day of
ATTEST:
Ci y Clerk, William G. B
ATTEST:
Secretary
STATE OF IDAHO, )
ss.
County of Ada )
obert Corrie, Mayor ~~.~~"~ ~,,~
w ,r
June ,1997.
CITY OF MERIDIAN, a municipality and
political subdivision of the State of Idaho
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Stei eve ent, L.L.C. '~~~~~'~~,,~lj~`;e`~,~~~`~~•
Approved by City Council
BY "
D g Ca bell, V.P.-Project Manager
On this 3 ~+~ day of ~~.e. , 19`~~, before me, the
undersigned, a Notary Public in and for said State, personally appeared Robert Corrie, Mayor
and William G. Berg, Jr, of the CITY OF MERIDIAN, a municipality and political subdivision of
the State of Idaho, known to me to be the Mayor and City Clerk of Meridian, Idaho, who
subscribed their names to the within and foregoing instruments in their capacity as Mayor and
City Clerk, and acknowledged to me that they executed the same in the name of the CITY OF
MERIDIAN.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
day and year in this certificate first above written. _
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Page 2
STATE OF IDAHO,
County of Ada
ss.
On this ~ pfh day of ~ u ~~ , 19~, before me, the
undersigned, a Notary Public in and for said tate, personally appeared oW a~ 6e 11
known to me to be the ~ G ~f ~ of Steiner Development,
L.L.C. who subscribed this name to the within and foregoi instrument and acknowledged to
me that he executed the same on behalf of said Corporation
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
day and year in this certificate first above written.
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STREET LIGHT AGREEMENT Page 3