The URL can be used to link to this page

Home My WebLink About2010-185 Conservation Agrmt - McBennett . A. BORROWER(S): PilL A,.;,) ell9;"'F /'7 C $lNNnT ADDRESS: SO,) /I,.IiU .f(. B. ENERGY CONSERVATIoN MEASURES TO BE INSTAlLED (s......pt! B below): CiVcU't E" pr;;(; €'", Itel'/-r )l>.J",,/, C. AMOUNT BORROWED (s.. paregraph C below): I 61m - 2. AMOUNT OF MONTHLY INSTAlLMENT PAYMENT (s.. paregraph 2 below): liS: 83 I CITY OF ASHLAND - CONSERVATION DIVISION CONSERVATION SERVICE CHARGE FINANCING PROGRAM AGREEMENT Energy conservation service charge financing egr..ment dated 11/ B /2..c Il) City of Ashland (City) and the abov.named Borro"'er(s). between the Recitals: A, City has conclucted an energy analysis of Borrower's residence located at the address described above In Box A ('he residence"). B. The City has recommended certain energy saving mealures dellcribed above In BDll B. C, Borrower hal or wttl Inslallthe _rgy conservallon mealurel and dellrel 10 borrow from the City the amount speclfledabolle In Box C for the purpose of purcheslng and Insla/llng luph maturel. elty and BorrCMW agr.. .. followa: ,. ReDr8senlaUon of OwnenIhlo and Oecuoanc\l of Relld.".,.. Borrol.Wr (whenever required by the . context of thllllllflement. lhe singular Ihalllnclude the plural) representl 111.. Borrower 'I the owner or contract purchaler of the relldence, that BOfTCMW currenUy relldel, and will conllnue 10 rellde in the residence 10 long .. the energy lervlce charge ramalnl unpaid, and Ihet.1he relldenee currenUy recelvel eleclrtcal lervlce from lhe City of Ashland Dep8rlment of Electric UtUIIleI. 2. Promise to PlY bv BorrowtIr. Borrower promises to pay City the sum specified above In Box C (or such lesser amount .. shall equ81 the amount paid by City pursuant to paregraph 0 plul a 's.q.00 lervtce charge) payable", monll1ly InltaUmenta .. lpaclfled abolle In Box 2, with the llrat Inltallment due within 20 days after the data of the next monthly utility billing 10 the BorrCMW for utUIty servlcn 10 lI1e ,.Ildence. 2.1. The monthly Inltallment Ihall be addec/ to the BOITOIfJlr'I ullllty account for the relldenee. The monthly pa~enl wI/ be shown . . leparate "nellam on the BOfT__S utHIty blland remittance may be , Included with lhe regular monthly utHIty payment. I 2.2. No interelt Ihall be charged by City unless BorrCMW II In defauR al delcribed", paragraph O. In IUch case, Interest Ihall be chargect at the rate provided in paragraph O. 3. Pawnent bv City. Subject to the terms of II1ls egreement, City shall pay the sum specified above In Box C or the acluallnllalled COlt of lhe energy saving measurel p1u1 a '50.00 service charge. whichever amount is lesa. 10 the Borro_ upon City's approval of lhe installation and lhe submission of the appropriate invoices The invoices shall detalllhe equipment COil and the labor COlt al separale items for eech mealure. .. AsaumDlion of Resaonsibilitv 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. BOfTCMW further underslandl and agrees that Borrower is solely responsible to purchase or installlhe energy conservalion measures. provided however PAGE 1.CONSERVATlON SERVICE FINANCING PRnr.RAlA Ar.AJ:J:lAJ:I\lT ._ ,__....... thai no payments sh811 be made by !he City unlHl the conservation measures 10 Instal1ecl meet or exceecl \he CIty'I Energy Sm8ft Design lpecllIcaIIonI. The inltaIalIon mUll comply with !he applicable codes and standards and !he BomI.- mUll obtain !he neeesury permill. , 5. Indllll'lnlllCllllon. Borrvwer SW-Io defend, Indemnify and saveCily, itl ofIIcer. emp/oyeeland agenls ha'mlets from eny end alios.... ctalml. 1ClIonI, cosll. expens.. judgments. subrogallonl. or olhar dam.a resulting from injury to IllY parson (1ncIucIIng injury resuIlIng In death.) or dam. (including loss or deslrucllon) 10 proper1y, of whatsoever nature artSIng out of or Incldenllo !he petformance of lhiI .-ment by Bomlwer (including but nol limited 10, Borrower's emp/oyeel. agents, and others designated by Botrower to perform work or services 8ltendant 10 lhIa .-ment). IJornMer sh811 nol be held responsible lor damages caused by !he negligence of City. 8. Rllll'lovlll of Conurvation MeaaurM Prohibfled. Energy conservation me8lur. Installecl pursull1lto thll ...menl shall not be removed from !he relidence allll1Y time during their ulefulllfe. unlellsuch mealurel ceale to function and are Irreparable or unlell they are temporarHy removed for purpol. of repair. 7. o.faull. Time II of lhe essence under thll &grHmenl, and a defaulllhall occur when Borrower: 7.1. FaUlto pay any Inlt8llment when due al provided In parswaph 0, 7.2. Moveslrom or lallslo occupy the relidence for a period of more thBn three conseculiYe months, tranBlers the utility 8CCOlIntto another. purchaBeB electrlc:lty lor the reBldence lrom another or BellB or otherwtBe transfers the residence to any person, or 7.3. Falls to abide by the terml of thll agreement 8, Rem1lldIe.. In the event a delaun occurs: 8.1. All principII IhaII become Immediately due and collectible althe option of the City. 8.2. The City may ..so withhold paymentllor energy conBervllUon me..ur.. sesk recovery, of any loanl mede to Borrower. obtain Bpeclflc: performance of Borrower's obllglltlonB under lhla sweement. or leek olher remedle. available at law or In equity. Including, w1thoulllmltallon, the right to terminate Borrower's or _ter or electric lervIce to the reBldence, or any Dther residence owned or Controlled by BorroMt. 8.3. Any balance then remaining to be paid by B~ to City shall bear Interest at the rate of one percent per month beginning from the date of delaun. All remedle. Bet lorth above.,. cumulallve and not mutually excluBlve, and the City may slmultaneouBly exerclBe anyone or all of them. 9. Attornev Fee.. If a legal action II commenced to enforce any of the provlslonl of thlllllll'Hment. Including, wIlhoutllmltatlon, any arbitration. mediation. or action In any court. the prevailing party Ihan be enlllledto recover from the other party coil.. dlsbursemenll and attorney I... Incurred both It trtal and on appelll. BORROWER(S): /Z~.;n t:J?,-e-1/t~ Borrower SSN: CITY OF ASHLAND: BY Director of ~ CONTENT REV (Cily D FORM REVIEW: (City Anorneyl Coding: (lor City purposes only) ~ Borrower SSN: