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25D - AGMT - LIGHTING ROSS ANNEX PARKING
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11/20/2018
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25D - AGMT - LIGHTING ROSS ANNEX PARKING
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Last modified
11/15/2018 9:18:03 PM
Creation date
11/15/2018 9:12:47 PM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25D
Date
11/20/2018
Destruction Year
2023
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On -Bill Financing Agreement <br />This On -Bill Financing Agmeriont ('OBF Agreement') is entered Into on <br />20 , (the "EHective Data') by and between the undersigned customer atoms an <br />Soul rem California Edison Company ('SCE°) (each a'Party; collectively the 'Parlles'). <br />1. Customer and SCE entered Into the Energy Managamont Solutlons Inoenthms Apel c2a-llq or <br />2. Customer owns, leases or rants e y <br />th property Ilstod to the EMS Agrasment ao the Sitemp and <br />malnlalns a serNce axouR(s wgr SCE for slecldo serAca, uotomer has completed <br />Installation of eligible energy Want aqulpmen) MWPman7) al the Site as set forth In the . <br />EMS Agroament and has anergy the equipment as being operational and In good worWng <br />order, <br />3. In Decision 09-00.047, the California PNbllo U011ges Commission authorized SCE to provide <br />zero orcent interest financingg for the installation of cartaln energy efficient aqui meat, which <br />Is to be repaid over a speolfiad period through the Cgstcmees electric uglily bfil(s) (On -0111 <br />Financing"), <br />4, Customer dsalres, to enter Into this OBF Agreement In. order to pargd ate in SCE's .Dn•Bilf <br />Financing prymm and Customer agmoe to repay SCE the Amount Financed (es dogned <br />under "Loan Terms", below) throunh Ifie Customor's SC0 uUllhr biil(e) pursuant to the terms <br />NOW. THEREFORE, In consideration of the mutual promises and covenants contained herein, the <br />Porges agree as follows: <br />Terms and Conditions <br />Defined Terms: Exceppt as the context otherwise mgulres capitalized terms used In this OBF <br />Agreement without dentition shall have the same mean}ngs as are set forth In the ELVIS <br />Agreement <br />Amount Financed: Within thhty (201 days after the Effective Date. SCE wfil provide at payment for <br />a <br />Loan Terms: <br />Dunt Financed VAmount <br />Flanted : <br />Interest ate: <br />0 <br />Fees: <br />Months to per. <br />First onPayment <br />Rametning on symen s: <br />Mv—loa Account to ee <br />os firs r - arty ayae <br />an <br />face o es tineInlro- <br />e payee: <br />or <br />' If mons than one Service Account will be billed. Information regarding the SoMce Account <br />number and monthly payment Is Included In Schedule A attached. <br />Form 14-702 <br />0812012 <br />Exhibit 3 <br />25D-13 <br />1 <br />
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