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Street Light Maintenance Agreement with Traditions by Amyx II for Zebulon Heights #5ADA COUNTY RECORDER Christopher D. Rich AMOUNT .00 BOISE IDAHO 06128/12 10:44 AM DEPUTY Lisa Bali RECORDED-REQUEST OF II I I I IIIII IIIII I II II IIIIII Meridian City i 1206 ?7? STREET LIGHT MAINTENANCE AGREEMENT: ZEBULON HEIGHTS #5 This STREET IGHT MAINTENANCE AGREEMENT ("Agreement") is made and . entered into this ~ day of C~. , 2012 ("Effective Date"}, by and between the City of Meridian, a municipal corporation orga zed under the laws of the State of Idaho ("City"), whose address is 33 E. Broadway Ave., Meridian, Idaho, 83642, and The Traditions by Amyx II, a limited liability partnership organized under the laws of the State of Idaho ("Developer"), whose address is 13967 Wainwright Drive, Suite 102, Boise, Idaho, 83713. WHEREAS, pursuant to Meridian City Code section 11-3A-21(B), the City generally maintains only shoebox- and cobrahead-style street lights, and requires that decorative street lights be maintained by the developer or homeowners association under a maintenance agreement duly executed with City; WHEREAS, Zebulon Heights #5 is a residential subdivision within the City of Meridian with thirteen (13)special-order, decorative street lights installed by Developer to satisfy the City of Meridian requirements for street lighting; and NOW, THEREFORE, for the exchange of good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree as follows: I. COMMITMENTS A. City's commitments. From the Effective Date of this Agreement forward, City shall be responsible for paying Idaho Power Company for the provision of electricity required to operate the thirteen (13) street lights located in the Zebulon Heights #5 residential subdivision. It is agreed that City will enter into a Schedule 40 Agreement with Idaho Power Company, and not a Schedule 41 Agreement (under .which Idaho Power Company would provide maintenance). Developer acknowledges that street lighting served under the Schedule 40 Agreement must be controlled by a photo electric device of the "fail off' type. A. Developer's commitments. From the Effective Date of this Agreement forward, Developer shall be responsible for: 1. Replacement, as needed to ensure functionality, of: fuses, wiring, bulbs, ballasts, or photoelectric cells in the thirteen (13) street lights located in the Zebulon Heights #5 residential subdivision. 2. Replacement and/or repair, as needed due to damage, deterioration, or loss, of the thirteen (13) street lights located in the Zebulon Heights #5 residential subdivision, and any component or appurtenance thereof. II. GENERAL PROVISIONS. A. Time is of the essence. Developer acknowledges that commitments made under this Agreement shall be performed in a timely manner. The Parties acknowledge and agree that STREET LIGHT AGREEMENT: ZEBULON HEIGHTS #5 PAGE 1 OF 2 time is strictly of the essence with respect to this Agreement, and that the failure to timely perform any of the obligations hereunder shall constitute a breach of, and a default under, this Agreement by the party so failing to perform. B. Heirs and assigns. It is understood and agreed that Developer will assign its rights and obligations under this Agreement to the Zebulon Heights home- or property owners association when said such organization is formed. This Agreement and each and all of the terms and conditions hereof shall apply to and are binding on Developer, City, the Zebulon Heights home- or property owners association, and these parties' respective heirs, successors and assigns. C. Entire agreement. This Agreement contains the entire agreement of the parties and supersedes any and all other agreements or understandings, oral or written, whether previous to the execution hereof or contemporaneous herewith. I WITNESS WHEREOF, the parties hereto have executed this Agreement on this ~'~ day of , 2012. -~-- DEVELOPER: Todd Amyx ,y~~'~~ ~~ ~T~as ~ •.o. x a~~~ ~~ i4 CITY OF MERIDIAN: BY: Tammy de,JWeerd, Mayor STATE OF IDAHO ) ss: County of ) ~~ I HEREBY C RTIFY that on this day of 2012, before the undersigned, a Notary Public in th tate of Idaho, personally appeared Todd Amyx, proven to me to be the person who executed the said instrument, and acknowledged to me that he executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year in this certificate first above written. Not~ty Public for Idaho ~ " Residing at ,Idaho My Commission Expires: 44~4P~~D ~ ~~GST ~~ lso~ City of t; ~z ~ ,~ IDAHO y ~~ U~'' '.`.' ti ~rF~ ~ 4~~y f fib! TRH t-g~~ L. Holman, City Clerk STREET LIGHT AGREEMENT: ZEBULON HEIGHTS #5 PAGE 2 OF 2