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Section2. Approval of Expenditure of Budgeted Funds. The City Commission hereby <br />authorizes the expenditure of budgeted funds with TK Elevator Corporation for additional <br />repairs as needed during Fiscal Year 2024-2025, in an amount not to exceed Fifty Thousand <br />Dollars ($50,000.00), in addition to Seven Hundred Eight Dollars and Forty -Eight Cents <br />($708.48) per month for monthly maintenance services, for total expenditure amount not to <br />exceed One Hundred Thirty -Seven Thousand Eight Hundred Forty -Six Dollars and Six Cents <br />($137,846.06). <br />Section 3. Authorization of City Manager. The City Manager is hereby authorized to do all <br />things necessary to effectuate this Resolution. <br />Section 4. Effective Date. This Resolution shall become effective upon adoption. <br />PASSED AND ADOPTED this 22nd day of Octobe 2024. <br />Larisa Svechin, Mayor <br />APPROVED AS TO FORM <br />AND LEGAL SUFFICIENCY: <br />0 <br />Maurici Betancur, CMC, City Clerk A ain E. Boileau, for Nabors, Giblin & <br />Nickerson, P.A., City Attorney <br />Moved by: Seconded by: 06F5lAoffik— L <br />Vote: <br />Mayor Svechin (Yes) (No) <br />Vice Mayor Lama (Yes) (No) <br />Commissioner Joseph (Yes) (No) <br />Commissioner Stuyvesant(Yes) (No) <br />Commissioner Viscarra (Yes) (No) <br />@BCL@440B2497.Doc <br />Page 2 of 2 <br />298 <br />