Loading...
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 A ' 7r 1- 8 ~ '~~~ -.,~~~~ r ~~ ~ ~ `yam` '~ 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. _ ,,~~~~E ~~~~rrq~ .... .. Q' ~' ; ~ ~ ~pT ARy (SEAL) _ ~= ~c ~.a V 13 `~G STREET LIGH'~, ~~~ AFj~Y PUBLIC FOR ~AHO Residing at Meridian, Idaho mission Expires: ~' /~/9~/ 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. ,s ; J~_d• (SEAL) ~~~•~~~ E L . C •.,,~ s ~ aDT AR y'~; _ ~ = {~ ' w ~~ \" ~~ i Ae/T` F p``v~)` ® ~ ~l( PUBLIC FOIE IDAHO Residing at Meridian, Idaho fission Expires:o~'/cu/?~ STREET LIGHT AGREEMENT Page 3