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• <br /> RESOLUTION NO. 2017- 2-1o ' <br /> A RESOLUTION OF THE CITY COMMISSION OF THE CITY <br /> OF SUNNY ISLES BEACH, FLORIDA, APPROVING A <br /> PAYMENT TO FLORIDA POWER AND LIGHT ("FPL") FOR <br /> THE COLLINS AVENUE UTILITY UNDERGROUNDING <br /> PROJECT FOR THE ATLANTIC BOULEVARD CORRIDOR <br /> FROM 175TH TERRACE TO 183RD STREET, IN AN AMOUNT <br /> NOT TO EXCEED ONE MILLION FOUR HUNDRED SIXTY- <br /> TWO THOUSAND SEVEN HUNDRED TWENTY-EIGHT <br /> DOLLARS ($1,462,728.00), ATTACHED HERETO AS EXHIBIT <br /> "A"; AUTHORIZING THE CITY MANAGER TO DO ALL <br /> THINGS NECESSARY TO EFFECTUATE THIS <br /> RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. <br /> WHEREAS, the City is currently proceeding with the Collins Avenue Utilities <br /> Undergrounding Project; and <br /> WHEREAS, the City Manager has requested that FPL convert certain overhead electric <br /> distribution lines for the Collins Avenue Utilities Undergrounding project, more specifically in <br /> Atlantic Corridor, from 175th Terrace to 183rd Street; and <br /> WHEREAS, pursuant to FPL's Electric Tariff and Florida Administrative Code Section <br /> 25-6.115, FPL has agreed and submitted a Binding Cost Estimate for the conversion of the <br /> electric distribution lines; and <br /> WHEREAS, the City now wishes to approve the payment to FPL in an amount not to <br /> exceed One Million Four Hundred Sixty-Two Thousand Seven Hundred Twenty-Eight Dollars <br /> ($1,462,728.00), 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 Payment. The City Commission hereby approves the payment to <br /> Florida Power and Light (FPL), in an amount not to exceed One Million Four Hundred Sixty- <br /> Two Thousand Seven Hundred Twenty-Eight Dollars ($1,462,728.00), for the Collins Avenue <br /> Utilities Undergrounding Project, specifically in the Atlantic Corridor from 175th Terrace to 183rd <br /> Street, attached hereto as Exhibit "A". <br /> Section 2. Authorization of City Manager. The City Manager is hereby authorized to do all <br /> things necessary to effectuate this Resolution. <br /> Section 3. Effective Date. This Resolution will become effective upon adoption. <br /> R2017 FPL Payment for Undererounding Conversion-Atlantic Corridor Page I oft <br />