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HomeMy WebLinkAboutRESOLUTION NO. 2024-12RESOLUTION NO. 2024-12 �.. RESOLUTION AUTHORIZING ENTERING INTO AN ELECTRIC FACILITIES �XTENSION AGREEMENT WITH INTERSTATE POWER AND LIGHT COMPANY WHEREAS, the City of Fairfax, Iowa requested installatioiz of sh�eet lights along Lefebure Road/Fairfax Road; and WHEREAS, this area is serviced by Interstate Power and Light Company (Alliant Energy) and they have submitted an Electric Facilities Extension Agreement for this project. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fairfax, Iowa, to enter into the attached Electric Facilities Extension Agreement with Interstate Power and Light Compaiiy. BE IT FURTHER RESOLVED, by the Fairfax City Council of the City of Fairfax, Iowa, that the Mayor and City Clerlc/Ti•easurer are hereby authorized and directed to execute said resolution. Passed and approved this 13`�' day of February, 2024. AYES: Nurre, Wozniak, Volk, and Wainwright NAYS: None ABSENT: Daly �--- /� ���,a,�.- ��e�v ,, Jo Ann Beer, Mayor ATTEST: �_ C thia Stimson, City Clerk/Treasurer � �',� ALLIANT �NTERSTATE POWER AND LIGHT COMPANY Ir�� E N E RGY: Applicable to the lowa Service Area Electric Facilities Extension Agreement (Advance by Cash Deposit) Contract No.58823 This agreement made this 25th day of January, 2024 by and between Interstate Power and Light Company, an lowa corporation headquartered at 200 First Street SE, Cedar Rapids, lowa, (hereinafter referred to as "the Company") and City Of FairFax, a corporation/partnership/proprietorship with principal offices at City of Fairfax, State of lowa, (hereinafter referred to as "the Customer/Developer"): WITNESSETH, WHEREAS, the Company is engaged in the distribution of electricity in the State of lowa, and WHEREAS, the Customer/Developer is the owner of the following legally described premises: installation of lights and poles and wire on Lefebure Rd , as shown on the map attached hereto (marked Exhibit A) and made a part hereof and; WHEREAS, the Company desires to sell electricity to the owners or occupants of the residences, or other buildings being built or installed on said premises, and the Customer/Developer desires to have electricity available for such residences or other buildings, hereinafter called "Electric Service". NOW, THEREFORE, IT IS MUTUALLY AGREED AS FOLLOWS: The Company agrees to construct, install, maintain and operate electric distribution facilities to serve said premises upon application for Electric Service made by the owner or occupant of each such residence or other building. 2. Thirty (30) days prior to the commencement of construction, by the Company of electric distribution facilities, the Customer/Developer shall execute this agreement and shall advance to the Company the estimated cost of construction of electric distribution facilities, as set out in Exhibit B attached. 3. Upon acceptance by the Company of each attachment for Electric Service by Customers/Developers along the extensions specifically contemplated in Exhibit B, the Company shall refund amounts, in accordance with the Company's current electric tariff on file with the lowa Utilities Board, three (3) years estimated revenue minus the revenue for recovery of fuel and energy efficiency program costs for the said three (3) years. The Company shall not be obligated to refund more than the original amount advanced and the refunds shall be without interest. 4. The obligation of the Company to make refunds to the Customer/Developer shall be null and void after the expiration of ten (10) years from the date of the advance, and any and all monies remaining unrefunded in the hands of the Company shall then become the sole property of the Company. 5. The Customer/Developer agrees to furnish at his own expense all necessary easements and permits required for the installation of said electric extensions. Prior to Page 1 75-1214-D 10/06 electric facilities installation the customer/developer agrees to install lot pins and have existing grade within six inches of final grade. The Customer/Developer and the Company will cooperate so that said construction and installation can be accomplished in the most economical manner. The Customer/Developer agrees to physically mark the location of all obstacles on Customer/Developer's site that lie underground within ten feet of proposed excavation. Such obstacles may include, but are not limited to, septic and sewer systems, buried wire for out-buildings or decorative lighting, drain tiles and LP gas lines. The Customer/Developer shall mark the location of all such obstacles with stakes or fiags or by painting the ground prior to and maintained until commencement of the proposed excavation. The Customer/Developer accepts full responsibility for any and all damage to, or damage caused by, Company or its contractor striking any such underground obstacles the Customer/Developer fails to mark or marks incorrectly. Title to all electric facilities installed pursuant to this agreement shall be in the Company. Applications for Electric Service referred to above shall be subject to and pursuant to applicable rules and regulations of the Company as contained in its tariff effective at the date of said applications with respect to the availability of Electric Service and the rates and charges for same. IN WITNESS WHEREOF, the parties hereto have executed this agreement the day and year first above written. INTERSTATE POWER AND LIGHT COMPANY � Title CUSTOMER/D VELOP R �/ Tax I D # �� � Q ��'rt.� <�- By �.-s /�J � �'�-�.a..�t.� � Title �� �'r'� Page 2 75-1214-D 10/06