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i <br /> for all replacement costs including any replacement poles and fixtures on any <br /> of the said six street lights as may be needed, the opinion of the Arkansas <br /> Power and Light Company shall resolve the issue and their decision shall be <br /> final . The Party of the First Part agrees only to replace the light bulbs <br /> when needed and Party of the First Part shall follow their normal procedure <br /> in replacing said bulbs and Party of the First Part does not accept nor does <br /> it assume any responsibility of liability for failure to promply replace any <br /> bulb. <br /> 4. Party of the First Part agrees to contract with the Arkansas <br /> Power and Light Company to install said lights after Parties of the Second <br /> Part have performed their obligations . Furthermore, Party of the First <br /> Part agrees to pay the electric costs through the street light contract <br /> with Arkansas Power and Light Company. <br /> 5. This agreement shall inure to the benefit and be binding upon <br /> the heirs, assigns, administrators, executors and successors of the respect- <br /> ive parties. <br /> IN WITNESS WHEREOF, the parties have executed this agreement at <br /> Batesville, Independence County, Arkansas the day and year first above <br /> written. <br /> CITY OF BATESVI1 E (Partyiof the Furst Part) <br /> BY: <br /> ISHIRRELL, Duly Elected Mayor <br /> ATTEST: <br /> '0"e — <br /> LARRY WILLIAMS, City Clerk <br /> HASSELL MYERS, Par of t e Second Part <br /> ,A <br /> BOB LIGHTER, P t the Second Part <br /> f R. E. BELL, Party of the Second Part <br /> EDWARD L. HOU E, arty of the Second Part <br /> LYNN ANIER, Party(,o ,, the Second Part <br /> MRS. EARL LANDERS, Party of the Second Part <br /> I <br />