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ATTACHMENT 1 <br /> MAINTENANCE AND TRADE SERVICES AGREEMENT <br /> STREETLIGHTS, PARKING LOTS AND PATHWAY LIGHTS <br /> MAINTENANCE SERVICES <br /> PROJECT NO. 23.402 <br /> THIS AGREEMENT is made and entered into this day of July 2023, between Vista <br /> Universal, Inc. ("Contractor") a California corporation, whose address is 2430 American <br /> Avenue, Hayward, CA 94545, and the CITY OF PLEASANTON, a municipal corporation <br /> ("City"). <br /> RECITALS <br /> A. Contractor is qualified and experienced in providing maintenance and repair services <br /> for Streetlights, Parking Lots, and Pathway Lights as set forth in Exhibit A of this <br /> Agreement. <br /> B. City finds it necessary and advisable to obtain work or services from Contractor on <br /> an as-needed basis. <br /> NOW THEREFORE, in consideration of the mutual covenants and conditions in this <br /> Agreement, City and Contractor agree as follows: <br /> 1. Term. The term of this Agreement commences on the date written above <br /> and will expire on June 30, 2026. The parties may extend this Agreement, by <br /> Amendment, for additional two (2), one-year terms, not to exceed five years for the <br /> total Agreement. If extended by Amendment, the cost of each one-year term may <br /> increase only by the change in the consumer price index for the San Francisco- <br /> Oakland-San Jose Metropolitan Area (all items index; all urban consumers) for the <br /> twelve (12) month period ending in April each year as published by the Bureau of <br /> Labor Statistics, U.S. Department of Labor. <br /> 2. Services to be Performed. Contractor shall perform, or cause to be <br /> performed, the type of work that will consist of Streetlights, Parking Lots and <br /> Pathway Lights maintenance and repair services (emergency and scheduled) for <br /> all identified infrastructure. <br /> 3. Compensation. Total cumulative compensation under this Agreement for <br /> all work for each year of this Agreement shall not exceed $300,000 per year, as <br /> further described in Exhibit A. Payment shall be made within thirty (30) days of <br /> receipt of Contractor's invoice and approval by City. For the fourth and fifth year of <br /> the Agreement if mutually agreed upon to extend the term, the not to exceed <br /> amount shall increase by the local consumer price index, over the third year of the <br /> Agreement. <br />