HomeMy WebLinkAbout2017-03-06-Resolutions 17-126_Alice's Rd-Olson Dr Signal Controller Overhead Electric AgrTHE CITY OF WAUKEE,IOWA
RESOLUTION 17-126
APPROVING MIDAMERICAN ENERGY COMPANY REFUNDABLE ADVANCE FOR
CONSTRUCTION,OVERHEAD ELECTRIC SERVICE EXTENSION PROPOSAL FOR
SPECULATIVE USE [ALICE'S ROAD AND OLSON DRIVE SIGNAL CONTROLLER
OVERHEAD ELECTRIC]
IN THE NAME AND BY THE A UTHORITY OF THE CITY OF IYA UKEE,IO IYA
WHEREAS,the City of Waukee,Dallas County,State of iowa,is a duly organized Municipal
Organization;AND,
WHEREAS,as part of the Alice's Road Corridor Project,University Avenue to NE Horizon
Drive,MidAmerican Energy Company proposes to extend single-phase electric lines overhead to
652 SE Alice's Road for the Alice's Road/Olson Drive Signal Controller;AND,
WHEREAS,City staff recommend approval of the agreement;
NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this
6'"day of March,2017,that the MidAmerican Energy Company Refundable Advance for
Construction,Overhead Electric Service Extension Proposal for Speculative Use [Alice's Road
and Olson Drive Signal Controller Overhead Electric],attached hereto as Exhibit A and made
part of this resolution,is hereby approved.
d iam .Peard,Mayor
Attest:
Rebecca D.Schuett,City Clerk
ROLL CALL VOTE
Anna Bergman
R.Charles Bottenberg
Brian Harrison
Shelly Hughes
Larry R.Lyon
AYE
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NAY ABSENT ABSTAIN
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iVI IDAIVILRICAN EN F RCi Y COiVII'ANY
REFUIUDABLE ADVANCE I'OR CONSTRUCTION
OVERIIFAD ELECTRIC.'SERVICE EXTENSION PROPOSAL
FOR SPECULATIVE USE
MidAmerican Energy Company,an loiva coiporation and thc City of Waukcc
("Applicant"),agree as lollows:
MidAlile!'Ican Foci'g'&'C olrlpany will extend ils single-phase electric lines overhead
to 652 SE Alice&s Rd.(Alice's anil Olsen Dr.Signal Controller).
MidAmerican Energy Company will furnish the neccssai'y labor and materials
required to fulfill its undertaking,as specihed above.Such work will commence
by MidAmerican Energy Conipany as soon as reasonable and practicable after the
execution of this Proposal and rcccipl of Applicant's cash deposit indicated below.
MidAmerican Energy Company will prosecute such lvork to compleiion with
reasonable diligence.
In consideration of the receipt of a payment in the amlnmt ol'S3,901.10 from
Applicani,which is an Advance for Construction subject to refund,MidAmerican
Energy Company agrees to constiuct necessary electric facilities as sct forth above.
Please submit payment with Applicant's signed acceplluice of this Proposal.The
Applicant's payment is not received by Ig/I6/2017,the amount may be subject to
change.
The Advance for Conslruction shall be subject to ref'und by MidAmerican Energy
Company to Applicant baserl upon the following temis and conditions:
a.Advances shall noi accrue interest and shall be subject to refund from the
date of the original advance payment This wil!span a six (6)-ycm period
at thc rate of fifty percent (50%)of the annual metered electric seivice bill
of the above applicant.
If additional single-phase custol11el's 'rll&e connected to the above described
line extension,the above Applicant shall receive refunds equal to three
limes estimated base revenue for each additional new customer to the extent
that such revenue exceeds the additional distribution construction costs
incurred by the MidAmerican Energy Company.Base revenue shall be
estimated annual revcnuc,less Riel expcnsc costs,based on similarly
sltuatecl cus'tolucls.
Rehmds shall bc macle on the amiiversary ol'the date of the original advance
pavlnent,or sooner at the option ol the NlidAmerican Energy Company.
Revenue lor unmctcrcd private lighling shall not be included in any refund.
No refiuids shall b&.nlaclc fi1I I'cvenue received after six years from the date
of the original advance payment.
I.Never shall the total of refunds exceed the refundable portion of the
payment anted above.
No refunds shall bc made for customers served fi'om a further extension of
the above described electric line extension.
Applicant shall provide,v:ithout cost to MidAmerican Energy Company,such
eascmcnts as are necessary and incidenial tn such installation aml use of
MidAmcrican Fningy Company's facilities on private propctry within the area
seived.If a 3'a party easement is required any cost associated in obtaining the
easement will be paid by the applicant.
6.Applicant shall be responsible for locating and marking all privately ov ned systems
such as water services,culverts,inigation systems,drain pipes,septic lines,and
underground wiring before IvlidAmerican Energy Company's constriction.
It is specilically understood and agreed that any distribution systems,or other
I'acilities constructeil or installed by iMidAmerican Energy Company under terms
of ibis Proposal shall remain the sole proprnty ol'iVlidAmcrican Energy Company
anil MidAmcrican Energy Company shall detetmine,as its own judgement
indicates,the manner and method of utilization thereof and to extend the same or
connect other facilities thereto and seive other customers therefroin as it shall see
Iit,subject only to such obligations as MidAmcrican Energy Company shall have
assunted in this Proposal;and no other person shall have any right,title,interest or
claim,in or to the said distribution system or other facilities by virtue of any
provision of the Proposal.
Proposed this Sixteenth clay of February,Twenty-Seventeen
MIDAMER CAN ENE --C ivfPANY
By
Title:
~L
Accepterl this day of 44 ~,2017
APPLI,NT
By:
SE Alice's Rd os Oio
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