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RESOLUTION NO. 2024 - <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, <br />FLORIDA, RATIFYING AND APPROVING THE EXPENDITURE OF BUDGETED <br />FUNDS WITH TK ELEVATOR CORPORATION FOR EMERGENCY REPAIRS AND <br />MAINTENANCE SERVICES FOR THE ELEVATORS LOCATED AT THE GATEWAY <br />PARK PEDESTRIAN BRIDGE, IN THE AMOUNT OF ONE HUNDRED THIRTY-SEVEN <br />THOUSAND EIGHT HUNDRED FORTY-SIX DOLLARS AND SIX CENTS <br />($137,846.06); AUTHORIZING THE CITY MANAGER TO DO ALL THINGS <br />NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE <br />DATE. <br />WHEREAS, on February 13, 2023, the City Manager of the City of Sunny Isles Beach (the <br />"City") entered into a five (5) year Service Agreement ("Agreement") with TK Elevator <br />Corporation (the "Contractor") to provide general elevator maintenance services for the <br />elevators located at the Gateway Park Pedestrian Bridge (the "Elevators"), in an amount not to <br />exceed $708.48 per month; and <br />WHEREAS, during the 2023-2024 Fiscal Year, the Elevators were in need of an <br />emergency repairs; and <br />WHEREAS, the Contractor submitted a quote for the emergency repairs in an amount <br />not to exceed Forty -One Thousand Forty -Five Dollars and Fifty Cents ($41,045.50), which was <br />subsequently authorized by the City Manager; and <br />WHEREAS, the City Manager has requested approval to expend up to Fifty Thousand <br />Dollars ($50,000.00) of budgeted funds with the Contractor for any additional repairs needed <br />during Fiscal Year 2024-2025; and <br />WHEREAS, the City Commission now wishes to ratify the expenditure of budgeted funds <br />for the Emergency Repairs during Fiscal Year 2023-2024, in an amount not to exceed Forty -One <br />Thousand Forty -Five Dollars and Fifty Cents ($41,045.50), and approves the expenditure of <br />budgeted funds up to an amount not to exceed Fifty Thousand Dollars ($50,000.00) for Fiscal <br />Year 2024-2025, in addition to Seven Hundred Eight Dollars and Forty -Eight Cents ($708.48) per <br />month for month maintenance services, with the Contractor, for total amount not to exceed <br />One Hundred Thirty -Seven Thousand Eight Hundred Forty -Six Dollars and Six Cents <br />($137,846.06). <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY <br />ISLES BEACH, FLORIDA, AS FOLLOWS: <br />Section 1. Ratification of Expenditure of Budgeted Funds. The City Commission hereby <br />ratifies the expenditure of budgeted funds with TK Elevator Corporation for emergency repairs <br />to the elevators located at the Gateway Park Pedestrian Bridge, in an amount not to exceed <br />Forty -One Thousand Forty -Five Dollars and Fifty Cents ($41,045.50). <br />@BCL@440132497.Doc Page 1 of 2 297 <br />