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kS,04�yY'sz$ City of Sunny isles Beach <br /> �� <br /> 18070 Collins Avenue <br /> " Sunny Isles Beach, Florida 33160 <br /> bPrA9p,�oQ a (305)947-0606 City Hall <br /> of sw&.° (305)949-3113 Fax <br /> MEMORANDUM .. <br /> TO: The Honorable Mayor and City Commission <br /> VIA: Christopher J. Russo <br /> FROM: Tiffany D. Neely, Finance Director <br /> DATE: 6/20/2019 <br /> RE: FPL New Franchise Agreement <br /> RECOMMENDATION: <br /> Staff recommends Commission approval to enter into a franchise <br /> agreement directly with Florida Power& Light(FPL). <br /> REASONS: <br /> The City has been working over the past several years with other <br /> agreement.municipalities to achieve a new FPL franchise We are <br /> happy to report 'a proposed agreement'with similar terms- to other <br /> municipalities incorporated since 1991, and without the fees and <br /> charges that we were subject to- under the pre-existing County <br /> Franchise, which is expiring. <br /> ADDITIONAL INFORMATION: <br /> The revenues from this franchise agreement willalso help the funding <br /> of the city wide utility undergrounding project, for which we decided not <br /> to assess these costs to our property owners. ' <br /> ATTACHMENTS: . <br /> Description <br /> Ordinance <br /> Item Number: 9.A. <br /> 26 <br />