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RESOLUTION NO. 2006- 9S4 <br /> A RESOLUTION OF THE CITY COMMISSION OF THE <br /> CITY OF SUNNY ISLES BEACH, FLORIDA, APPROVING <br /> AN AGREEMENT WITH FLORIDA POWER AND LIGHT <br /> ("FPL") FOR UNDERGROUND FACILITIES <br /> CONVERSION, IN AN AMOUNT NOT TO EXCEED EIGHT <br /> HUNDRED THOUSAND DOLLARS (5800,000.00), <br /> ATTACHED HERETO AS EXHIBIT "A"; AUTHORIZING <br /> THE MAYOR TO EXECUTE SAID AGREEMENT; <br /> • <br /> PROVIDING THE CITY MANAGER WITH THE <br /> AUTHORITY TO DO ALL THINGS NECESSARY TO <br /> EFFECTUATE THE TERMS OF THIS AGREEMENT; <br /> PROVIDING FOR AN EFFECTIVE DATE. <br /> WHEREAS, the City Commission has approved a project to underground all utility lines <br /> in the City; and <br /> WHEREAS, the project was divided into twelve (12) phases, and each phase was to be <br /> evaluated and constructed separately; and <br /> WHEREAS, the City has received a binding estimated bid from Florida Power & Light <br /> ("FPL") for the first phase of the undergrounding project; and <br /> WHEREAS. the City Commission wishes to enter into an agreement with FPL for <br /> underground facilities conversion, in an amount not to exceed Eight Hundred Thousand Dollars <br /> ($800,000.00), attached hereto as Exhibit "A". <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br /> CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> Section 1. Approval of Agreement. The Agreement with Florida Power and Light ("FPL") <br /> for underground facilities_conversion, in an amount not to exceed Eight Hundred Thousand <br /> Dollars ($800,000.00), attached hereto as Exhibit "A", be, and the same, is hereby approved. <br /> Section 2. Authorization of Mayor. The Mayor is hereby authorized to execute said <br /> Agreement. <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 will become effective upon adoption. <br /> PASSED AND ADOPTED this 20th day of July 2006. <br /> orman S. Edelcup. ayor <br /> 82006-Fpl Underground Facilities Conversion Agreement Page 1 of 2 <br />