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e e AGREEMENT BETWEEN THE CITY OF LA PORTE AND THE GLEN MEADOWS SECTION 4A COMMUNITY IMPROVEMENT ASSOCIATION INCORPORATED REGARDING JOINT VENTURE LIGHTING OF GLEN MEADOWS PARK BECAUSE, the City of La Porte (the "City") is the owner and operator of Glen Meadows Park as part of the parks and recreational facilities of the community; and Because, the Glen Meadows Section 4A Community Improvement Association (the "Association") has contributed funds in past years, which funds have been matched by the City, toward the construction of various amenities and facilities at Glen Meadows Park; and Because, the City wishes to recognize and commend the funding that has been provided by the Association; NOW THERE'FORE, KNOW ALL MEN BY THESE PRESENTS: That in consideration of the mutual covenants, agreements and benefits to both parties, it is agreed as follows: I. The City will enter into a separate agreement with Reliant Energy/HL&P (HL&P) to install and provide lighting for Glen Meadows Park. HL&P will install, own and maintain eighteen (18) each, fluted, tapered gloss black painted Traditionaire poles at fourteen (14) foot mounting height, equipped with 100 watt high pressure sodium GranVille luminares, and associated conductors. The City will utilize a portion of its six percent (6%) streeflight allocation for this installation that will reduce the cost of the installed poles and luminares by Nine Hundred Dollars ($900.00) for each pole and luminare installed. The resulting cost of installation for the project will be Three Hundred Twenty-three Dollars ($323.00) for each pole, luminare, associated conductor, and equipment; for a sub-total of Five Thousand Eight Hundred Fourteen Dollars ($5,814.00). The actual value of the installation, including the City/HL&P allocation is Twenty-two Thousand Fourteen Dollars ($22,014.00) . The City will be billed by HL&P for operation and maintenance of the lights for each month of operation in the amount of Fifteen Dollars and Eighteen Cents ($15.18) for each installed light, for a total of Two Hundred Seventy-three Dollars and Twenty-four Cents ($273.24) per month for the expected life of the installation. HL&P has reserved the right to adjust the monthly operating and maintenance fees for fluctuations in fuel costs and other reasons as deemed necessary. II. HL&P will assume responsibility for routine maintenance of the light fixtures, poles and associated conductor located on City property at Glen Meadows Park. It is agreed that an Page 1 of 3