Loading...
HomeMy WebLinkAboutSILD 361 and 362 Sale of Lights Agreement with NorthWestern Energy SALES AGREEMENT AGREEMENT MADE this Z 4FAay of September, 1987 by and between the City of Bozeman, a municipal corporation and political subdivision of the State of Montana, hereinafter referred to as "the City", and Montana Power Company, a Montana corporation, hereinafter referred to as "the Utility." Recitals A. WHEREAS the City of Bozeman has caused to be installed and continues to maintain and operate through special improvement lighting districts, No. 361 and No. 362, a system of street lights on Main Street between Broadway and Eighth Avenues. B. WHEREAS the Utility is willing to purchase the city's street lighting fixtures and assume the cost and responsibilities of maintaining the street lighting system, and will replace said I I existing street lighting system with a new high-pressure sodium light system which will provide brighter and more cost-efficient street lights; and C. WHEREAS the City is desirous of selling the existing street lighting fixtures to acquire the benefits of brighter and more cost-efficient lights and of relieving the City of the burden and costs of maintaining the existing lighting system; D. WHEREAS the City presently uses and will continue to use the street light poles for municipal purposes such as, but not limited to, attaching traffic control signals and signs. NOW, THEREFORE, IN CONSIDERATION OF THE FOREGOING recitals, the terms of this agreement, and the purchase price of FIVE THOUSAND DOLLARS ($5,000.00) to paid by the Utility to the City for the existing street light fixtures, the Utility and the City agree as follows: 1. That the Utility shall pay to the City of Bozeman the sum of FIVE THOUSAND DOLLARS ($5,000.00) and shall receive in exchange all electric light poles and fixtures located on Main Street between Wallace Avenue and Eighth Avenue consisting of approxi- mately fifty--two (52) lights, Said lights being installed and maintained through Special Improvement Lighting Districts Nos, 363 and 362 of the City of Bozeman. 2. That the Utility shall assume the responsibility and costs of installing and maintaining said street lighting fixtures, and further agrees to assume the costs of installing and maintaining a new street lighting system using brighter and more cost- efficient high pressure sodium lights, 3. That the City shall have the right to use the street light poles for municipal purposes such as, but not limited to, traffic control signals and signs with mutual agreement by the Titility. CITY OF BOZEMAN Mayor Judith A. Ma thre ATTEST: Clerk of the City Commiss?an MONTANA MV3P COMPANY It Xity owed o or y -2-