Ratifying a Contract between Board of Public Works and Indiana and Michigam Electric Company

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5, The City Shall accept such lamps and the services herein specified during the life of thtS contract and pay as full compensation therefor, at the rate and price set out in the accepted bid to-wit:- For underground street lighting units. ,36 - 13 foot Riverside Standards, complete with Egyptian Senior Lighting Units and Mogul Multiple Sockets and each equipped with I - 5000 lumen street lighting lamp, for Chapin Street. $3.00 per unit per annum, 28 - 12 foot Sheridan Hollow Spun, Concrete Lighting Standards complete with Octagonal Junior Lighting Tops with Spikes and Medium Mongol Multiple Sockets, each egaipeed with I - 1000 Lumen street lighting lamp, for Miami Street. $32.50 per unit per annum. 13 I2 foot Sheridan Hollow Spub, Concrete Lighting Standards complete with Octagonal Junior Lighting Tops with Spikes and Medium Mongul Multiple Sockets each equipped with I - 2500 lumen street lighting lamp, for Miami Street. $37.50 pet unit per annum. 29 - 10 foot Sheridan Hollow Spun, Concrete Lighting Standards with Octagonal Junior Tops, each equipped with I - 1000 lumen Lamp, for Angella Avenue. $32.50 per unit per annum. 7 - Park View Poles with Octagdnal Junior Lighting Tops, each equipped with I - 1000 Lumen Lar-s, for College Street. $30.00 per unit per annum. Payment for all lighting services to be made in equal monthly installments, each installment to be due and payable on or before the 20th. , of each month succeeding that in whith the service is rendered. 6. The Contractor shall have the right with the consent of the Board of Public Works of the City, at any time during the life of this contract, to install, operate and maintain in the place of the: lamps herein provided for, and under the same terms 0 -5-