1165.05 - Agreements to erect street lights.
Upon receipt of information that a developer will cause the installation of street lights pursuant to this chapter, the Director of Columbus Water & Power is authorized to enter into agreements, granting such right and privilege, and such agreements shall contain the following provisions and conditions.
(a) The City shall be held free and harmless from any and all claims for damages of every nature arising or growing out of the improvements so agreed to be made.
(b) The party requesting the installation of street lights shall pay the cost of inspection and shall deposit, with the City Treasurer through the administrator of the Division of Power, the sums of money estimated by the administrator of the Division of Power to be necessary therefore, and in the event that such estimated amounts are to be insufficient shall deposit such additional amounts as are necessary upon demand. All unexpended monies so deposited shall be refunded.
(c) Such party shall furnish a surety bond or an irrevocable letter of credit issued by a bank and subject to the provisions of Chapter 1305 of the Ohio Revised Code satisfactory to the Director of Columbus Water & Power, or a certified check upon a solvent bank of the City, in the sum of one hundred (100) percent of the estimated cost of the proposed improvement to guarantee the performance of the agreement and to warrant all work performed against and defective work or labor done, or defective material furnished for a period of one (1) year following acceptance by the Division of Power.
(d) Any violations of the terms of the agreement or non-compliance therewith shall constitute a breach of contract and the administrator of the Division of Power shall have the right and privilege to stop the work forthwith.
(e) Upon completion of the work in accordance with the plans and specifications therefore, the street lighting system shall become the property of the City at no cost to the City and without encumbrance of any nature.
(Ord. 1371-90; Ord. 422-06 § 2 (part); Ord. No. 2398-2012, § 15, 12-3-2012; Ord. No. 1882-2026, § 1, 6-29-2026)