HomeMy WebLinkAbout1988, Mar 16 UT Power & Light Coi t.,~~
Councilman, Glen Pond introduced the
following Resolution and moved its adoption:
RESOLUTION
WHEREAS, the Utah Power & Light Company submitted its
Electric Service Agreement to the City of Rexburg as its
customer, such agreement being dated March 16, 1988, and
providing for electric service for the City's signal light
operation at or near Rexburg under the provisions of the
company's 1~$~etSchedule No. 23, and for the term of ten years
together with other provisions set forth in said contract.
NOW, THEREFORE, be it resolved that the Mayor and
City Clerk be and they are hereby authorized to sign said
Electric Service Agreement on behalf of the City of Rexburg,
Idaho.
A motion taas made by Glen Pond for the City to accept the resolution
and authorize the Playor to sign the agreement. Seconded by Bruce
Sutherland. All Aye.
RESOLUTION _1_
Y,o Fc nn 6?2-1005 ~ta~l ~Q'1'Ver L~~ Li0'h't 'll®t11p1rLy Whi Ce - Company Copy
Z7 tiellov - Cus comer Cupy
Electric Service 1~greement
Under 1000 KW
___- Ci~_of RexUurg __.
Customer
This Agreement, made and entered into the _.... 1 ~ _ day of I`~dT CYl -, 198, by and between UTAH POWER
& LIGHT COMPANY, a Ulah Corporation, herein called "Companj' and -~1t~~_R P~thllZg -,
a n T rl nh ~ ____ Corporation, herein called "Customer" For electric service for Customer's S i g~ir n 1 1 i gh t
operation at or near _ Roxhr n-g .-..-_- in -_Ll.3Cl-1.5-011-- County, State of -_Ldah _,
in the amounts staled below, under the provisions of Company's Rate Schedule No. Z~-, or its superseding Rafe Schedule, and for
a term of ~- years from the date of commencement of service hereunder.
Power and energy delivered hereunder shall be in the form ot~~___S 1,Z7~1 'C~.__ phase alternating current, at approximately 6g
hertz and ~Z-~t9-- volts.
Customer shall begin and continue to purchase throughout the term of this Agreement Firm Power at one point of delivery, and in
lime periods shown which amounts will be termed "Contract Demand" as used in this Agreement, together with associated energy; and
Company shall have no obligation Io supply power in excess of the amounts shown.
Dales Contract Demand ICW
__ ._-_ __-Go n tr.a.ct-T ~r-m- ---
"Demand" fm billing purposes shall be in ICW of Firm Power as shown or computed from readings of Company's demand meter foi
the fifteen (15) minute period of Customer's greatest use during the month, adjusted (or Power Factor, determined to the nearest MN.
In order of more fully express the agreements cf the parties, and the terms and conditions of service hereunder provided, an exten-
sion as defined in Electric Service Regulation No. 1g is necessary to meet Customer's requirements and said Regulation is hereby made
a part hereof. It is, Iheretore, provided that:
(a) In consideration of the special investment by the Company to supply service hereunder, Customer guarantees net minimum
annual payments for service under the provision of said Electric Regulation No. 1g in the sum of $-IlO~S' payable each
year for live years beginning with commencement of service or 60 days after extension is completed, whichever occurs first, without regard
to the amount of electric enegry actually consumed.
(b) The Company acl<novAedges receipt from the Customer of c- ri0S1.C'. ---, which sum has been advanced and will
be credited in accordance with said Electric Service Regulation No. 10.
The Provisions on the reverse side of This document are an integral part of this agreement.
Customer shall no( assign this Agreement Io any Successor without the written consent of the Company. If assigned, this Agree-
ment shall inure to the benefit of and be binding upon the successors and assigns of the Customer.
This Hgreemenl merges and supersedes all prior negotiations, representations, and Agreements either oral or written between the
parties hereto relating to the subject matter thereof and constitutes the entire contract between the parties.
(Customer)
By _-
(Signalure)
UTAH POWER & LIGHT COMPANY:
(Title)
(Print (Jame of Signing Ofliccr)
ay
(Region Manager)