Common use of Street Light Inventory Clause in Contracts

Street Light Inventory. The Company and the Municipality agree to meet annually to discuss and exchange information relating to street light facilities owned by each Party. The Company shall have the right, but not the obligation, to xxxx xxxxxx lighting facilities owned by the Municipality. The form and place of marking used by the Company to xxxx xxxxxx light facilities owned by the Municipality shall first be approved in writing by the Municipality, who shall act reasonably in granting or denying such approval. Within twelve (12) months of any request by the Municipality, the Company shall provide to the Municipality an inventory of all street lighting facilities within the Municipal Service Area detailing those that: i) form part of the Distribution System owned by the Company, and upon request, indicate whether they are jointly used by the Company and a third party, or otherwise; and ii) are a dedicated street light facility, and upon request, indicate whether they are jointly used by the Company and a third party, or otherwise. The inventory shall indicate which street lights are at the investment option rate or the no-investment option rate. Any changes to inventory will be updated on an annual basis. The Company will also conduct a Detailed Street Light Patrol and will update the inventory of street lighting facilities within the Municipality after completion of the patrol.

Street Light Inventory. The Company and the Municipality agree to meet annually to discuss and exchange information relating to street light facilities owned by each Party. The Company shall have the right, but not the obligation, to xxxx xxxxxx lighting facilities owned by the Municipality. The form and place of marking used by the Company to xxxx xxxxxx light facilities owned by the Municipality shall first be approved in writing by the Municipality, who shall act reasonably in granting or denying such approval. Within twelve (12) months of any request by the Municipality, the Company shall provide to the Municipality an inventory of all street lighting facilities within the Municipal Service Area detailing those that: i) form part of the Distribution System owned by the Company, and upon request, indicate whether they are jointly used by the Company and a third party, or otherwise; and ii) are a dedicated street light facility, and upon request, indicate whether they are jointly used by the Company and a third party, or otherwise. The inventory shall indicate which street lights are at the investment option rate or the no-investment no‐investment option rate. Any changes to inventory will be updated on an annual basis. The Company will also conduct a Detailed Street Light Patrol and will update the inventory of street lighting facilities within the Municipality after completion of the patrol.