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HomeMy WebLinkAbout1268GO- 76 RESOLUTION AUTHORIZING THE EXECUTION AND DELIVERY OF A CONTRACT WITH PUGET SOUND POWER & LIGHT COMPANY FOR FURNISHING HUNIClPAL VATER PUHPIN~ PO~ER (Service Furntehed) WHEREAS, PUGET SOUND POWER & LIGHT COMPANY has oi~ered to furnish for a period of .............. ~.e.~ .............................................. years, upon the terms set forth in the following proposed form of contract, to-wit: Acct. No. 5281-4800.1 Page 1 of Resolution 17th & #. Lafayette 0.46¢ per kilowatt hour for the next 50,000 kilowatt hours used per month. 0.41¢ per kilowatt hour for all over iO0,O00 kilowatt hours used per month. Said rates are subject to change in accordance with the laws of the State of Washington and whenever a new schedule of rates for the same service is made ef- fective the City shall thereafter pay the new rates; provided, if the new rates are higher than those herein fixed, the City shall be entitled to cancel this contract. All bills shall be payable within ten days from their date. FOURTH: MEASUREMENT - Maximum demand, consumption and power factor shall be measured by commercially accurate maximum demand, watt hour and power factor meters furnished and installed by Company, suitable space for which shall be furnished by the City; provided, maximum demand and power factor may at Company's option be determined either by meters or by check of service. GO- 52 TRANSFORMER RENTAL CONTRACT This Agreement Witnesseth: That PUGET SOUND POWER & LIGHT COMPANY, as Lessor, has rented to THE CITY OF ~REHERTON as Lessee, upon the terms hereinafter stated, the following electrical equipment, to-wit: Three (~) 3-KVA 2400-120/2k0 Volt Transformers 1. Said equipment shall be installed by the Lessor upon the said premises of the Lessee described in that. certain..l~t [¢.l.l~I [...b/&ter... ~ lng ..................... Power Contract between the parties hereto effective July l, 1965 ....................................................................... and shall at all times be and remain the property of the Lessor and shall not be removed from said premises without the Lessor's written consent and the Lessee agrees to use reasonable care to protect said equipment from injury while in its possession. 2. The Lessee agrees to pay to Lessor upon demand the sum of ~..~.~:.~...0...~....i..!..]..!...r~...~:....B...-..!.~..6....0~... to cover costs of installation and further agrees to pay to the Lessor as consideration for the use of said Regu I ar equipment the sum of $..~.:.~ ................................................. per month on the.B.i.l.l.J.r~ .......... day of each month. 3. This rental contract shall run for the same time as, and terminate with, the power contract above mentioned;provided a breach by the Lessee of any of the terms hereof will entitle the Lessor to terminate this rental contract upon five (5) days' written notice to the Lessee. At the expiration or termination hereof Lessor may remove its equipment from the premises. o, ....... ...................................... , DATED this ..... .~.~.....-.'~ ............. day CITY OF BREI~ERTON PUGET SOUND~ANY, Lessor