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25I - AGMT - LIGHTING FIXTURES
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25I - AGMT - LIGHTING FIXTURES
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Last modified
3/30/2017 6:21:39 PM
Creation date
3/30/2017 5:35:17 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Police
Item #
25I
Date
4/4/2017
Destruction Year
2022
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EXHIBIT 3 <br />0n-13111 Financing Agreement <br />This On -Bill Flnanoing Agreement ( "OBF Agreement ") Is entered Into on <br />20 , (the "Effective Date ") by and between the undersigned customer ("Customer") and <br />Sou Tern California Edison Company ( "SCE ") (each a "Party," collectively the "parties "). <br />Recitals <br />1, Customer and SCE angered into the Energy Management Solutions Incentives Application for <br />Business Customers on or about 20 and If applicable, the Customized Solutions <br />Agreement (Individually or oolieotiv ferr�d to as "EMS Agroamont "), which Were attached <br />hereto and Incorporated herein by reference, <br />2, Customer owns, leases or rents the pm en listed in the EMS Agreement as the Site and <br />maintains a service accounts with SCE for eleatric service, Cuatomar has completed <br />Installation of ailpiblo energgy eAclent equipment ( "Equipment ") at the Site as set forth In the <br />EMS Adreamont and has dccopted the equipment as being operational and In good working <br />order, <br />3. In Decision 0909.047, the California Public Utilities Commission authorized SOE to provide <br />xaro -•porcent Interest financing for the installation of certain energy efficient equipment which <br />Is to da re aid over a specified period through the Customer's elociric utility bill(a) ('f0n�slil <br />Financing" <br />4, Customer desires . to enter into this OBF Agreement In order to participaka in SCE's On Bilf <br />Financing pro ram and Customer agrees to repay SCE the Amount Financed (as defined <br />under "Loan Tarms ", below) through the Customer's SCE utility b(II(s) pursuant to the terms <br />and conditions of this OBF Agreement, <br />NOW, THEREFORE, In consideration of the mutual promlees and covenants contained herein, the <br />Parties agree as follows: <br />Terms and Conditions <br />Defined Terms: Except as the context otherwise requires, capitalized terms used In this OBF <br />Agreement without definition shall have the same meanings as are set forth In the EMS <br />Agreement, <br />Amount Financed: Within thirty (30) days after the Effective Date, SCE will provide a payment for <br />the Amount Financed to Customer or to a third -party pa as designated by Customer under the <br />Loan Terms, below, Customer's designation of a third -party payee may not be changed or <br />revoked, <br />Loan Terms: <br />Amount Financed Amount <br />Financed"): <br />0 <br />ntereat Rate, <br />g"" <br />"'Ki'rsl74ftin"tFi isaymenl"` <br />�'. <br />emsnng onlhl "y' a mints:-- <br />Deal gnatad r -Pa ty'lsoyse i <br />an . <br />" <br />A ress o es gnat® hlr - <br />Part Pa ae: <br />' If more than one Service Account will be billed, information regarding the Service Account j <br />number and monthly payment is Included in Schedule A attached, <br />Form 14.792 1 i <br />0512012 <br />251 -15 <br />
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