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Home My WebLink About2010-134 Conservation Agrmt - Martine A. BORROWER(S): I'1JtI X,'A-IF /Y} /liZ.TJ~i(i;C ADDRESS: Jl./ <:'1",,, ST JI- {,.] B. ENERGY CONSERVATION MEASURES TO BE INSTAlLED (I" P....ph B below): HEf'l1 PtJ.....,p C. AMOUNT BORROWED (I" paragraph C below): I I,.z~{, 2. AMOUNT OF MONTHlY INSTAllMENT PAYMENT (I" paragraph 2 below): 20.77 I CITY OF ASHlAND - CONSERVATION DIVISION CONSERVATION SERVICE CHARGE FINANCING PROGRAM AGREEMENT '7/m/ZiJ /0 belween th. A. City haa conducted an .n.rgy analysla of Borrower'a r.aid.nc. located at the addr.aa d.acribed above In Box A ("th. reald.nce"). B. The City haa recommended certain energy aavlng meaaurea described above In Box B. C. Borrower hal or wtIllnatallthe .nergy conaervatlon m.aaur.a and d.alr.a to borrow from the City lh. amounllpaclfled above In Box C for lhe purpoa. of purch8llng and Inltalllng 1l.\Ch meaaur8l. City and Borrower agr.. 81 followa: .. 1. R.oreaenltlUon of Ownarahlo and Oeeuoancv of R8Ildenea. BOl_ (~er required by the . cont.xt of thla agreement, the alngular ahafllnclude the plural) r.preaentathat Borro.\l8l' Ia the ~ or contrad purch.aer of the realdence. Ihat Borrower currently relldaa. and wtII continue to realde In the reald.nc. 10 long aalhe energy aervlc. charge remalna unpaid. and that. the relld.nce currently r.c.'v.a .'.ctrlcll service from the City of Ashland Deparlm.nt of Elactrlc UtPIU.a. 2. Promia.lo pilv bv Borra...,. Borrower promia.alo pay City the aum apecifled above In Box C (or such '....r amount 81 shall equll the amount pald.by City pursuant to paragraph 0 p1ua a I~.oo lervlce charge) payable In monthty Inatal/menla 81 specified abov. In Box 2. wfth the llrat Installment du. wtthln 20 days after the date of the next monthly utility billing to the Borrower for utpl1y aervlcn to the reald.nc.. 2.1. The monthly Installment shall be added 10 the Borro.Nlt'a utility account for lhe raald.nc.. Th. monthly pa~.nt will be shown aa a s.parateline item on lhe Borrower'a utHity bll and remlttanc. may be Included with the regular monthly ullllty pe~.nl. 2.2. No inter..t .hall be charged by City urn... Borroww Ia In dafllUl1aa deacribed In paragraph O. In such c.... Inter..t ahall be'charged at the rat. provided in paragraph O. 3. PaYment bv City. Subjadlo the lerma of thla agreement, City Ihall pay the sum lpeclfled above in Box C or the actual inslalled COlt of the energy saving m.aaures p1ua a '50.00 lervlce charge. whichever amount is 1111, 10 lhe Borro_ upon City'a approval of lhe inltallatlon and lhe lubmi..1on of Ih. approprlal. invoicea. Th.'nvolc.alhall d.lail the equipm.nt coat and th. labor coat aa I.paral. it.ml for .lCh meaaur.. .. Allumotion of R.soonsibilitv bv Borr..-. THE CITY MAKES NO WARRANTY. EITHER EXP.RESS OR IMPliED. AS TO THE FITNESS OR MERCHANTABILITY OF THE ENERGY CONSERVATION MEASURES INSTALLED IN THE RESIDENCE. OR AS TO THE SUITABILITY THEREOF FOR ANY PARTICULAR PURPOSE, INCLUDING BUT NOT LIMITED TO THE ADEQUACY OR EFFECTIVENESS OF THE ENERGY CONSERVATION MEASURES. Borrower furlher und.rslanda and agreea that Borro_ is lolely r.lponalble to purchas. or inslalllh. .nergy conl.rvation m.alur.s, provided however PAGE I.CONSERVATlON SERVICE FINANCING PROr.RAU Ar.R~~U~"'T_......... ., that no paymentlshll be made by the City unlell the conservation measures so Installed meet or exceed the CIty'I Energy Smelt Dellgn speciflcatlonl. The Inltalation mUll comply wllh the eppIlcable coclelanclllandardl and the Borrower mUll oblain the necesl8lY permitl. 5. Indemnlflcallon. Borrower IV'" 10 clefend, indemnify and save' City. its officer. employeel and agents harmlesl from any and II 101.... delml. aclIonl. costs. e.penses. judgments. subrogatlonl. or other dam.1 resulling from Injury to any person (1nducIlng injury resullInlIln death.) or dam. (including loss or destrucllon) 10 property. of whatsoever nature arising out of or indcIenlto the performance of IhII lI!1ftITIenl by Borrower (including but notllmited 10. Borrower's employell. agents, and others deslgnaled by ~ to perform work or servlcel allendantto this ;veemenll. Borrower sheR not be held responsible 'or damages caused by the negligence of City. 8. Removal of Conservation Mealure. Prohibited. Energy conservation measures Installed pursuanlto thll agreemenlshllll not be removed from the residence al any time during their useful life. unle.. such measure. cease to 'unction and are Irreparable or unle.. they are temporart!y removed 'or purposes of repair. '. . 7. Default. Time Is o'the essence under thll agreement. and a de'aultsh8l1 occur when Borrower: 7.1. Fails to pay any Instatlmenl when due as provided In paragraph O. 7.2. Moves 'rom or 'aUI 10 occupy the residence 'or a period of more than thrH consecutive monthl. Irans'ers the utility account to another, purchases electricity 'or the residence 'rom another or sells or olherwtse trans'ers the residence to any person, or 7.3. Falls to abide by the terml of Ihls agrHment 8. Remedl... In the event a default occurs: 8.1. All principal shall become Immediately due and collectible at the option of the City. 8.2. The City may also wtIhhoId pIIymenta'or energy conservation measures. ...k recovery of any loanl made 10 Borrower. obteln spec:lflc performance of Borrower'1 obligation. under thll agreement. or seek olher remadi.. avanabl. at 1_ or In equity. Including. without Ilmltallon. the right to termlnala Borrower's or water or electric service 10 the residence. or any other resldenc. owned or eontrollad by Borrower. . ' 8.3. Any balance then remaining to be paid by Borrower to City shall bear Inter..t at the rate of one percent per month beginning 'rom the date of default. All remedl.. set'orth above lit. cumulative and not mutually exclusive, and the City may simullan~sly exercls. anyone or all of lhem. 9. Allorn.v F.... If a Iegalectlon Is commencad to en'orce any of the provisions of Ihls &grHmenl. Including. wIlhoulllmltatlon. any arbitration. madlation. or ectlon In any court. the prevailing party shaD be entitled to recover from the other party costl. dlsbursem.nts and attorney fee. incurrad both at trial and on appeal. BORROW~R~): ,. _ ~Yhal---7~ Borrower SSN: CITY OF ASHLAND: Borrower SSN: