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HomeMy Public PortalAbout2022-23 Authorizing the Village Manager to make a non-refundable engineering deposit in the amount of $147,037 to the FPL CompanyRE SO LUTIO N NO . 2022-23 A RE SO LUTIO N O F TH E VILLA G E CO UN CIL O F TH E VILLAG E O F KE Y BISCAYNE , FLO RI DA, AUTH O RI Z IN G TH E VILLA G E M ANAG ER TO M AK E A NO N- RE FUNDABLE ENG INEERI NG DEPO SIT IN TH E AM O UNT O F $147,037 TO TH E FLO RIDA PO W ER & LIGHT COMPANY TO REQUEST A BINDING ESTIMATE FOR THE VILLAGE-WIDE ELECTRIC FACILITIES CONVERSION PROJECT; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Village of Key Biscayne ("Village") desires to implement the Village-wide Electric Facilities Conversion Project, also known as the Utility Undergrounding Project (the "Project") in order to relocate overhead utilities throughout the Village underground; and WHEREAS, on October 28, 2021, the Florida Power & Light Company ("FPL") provided the Village with a non-binding "ballpark" estimate in the amount of $18,474,612 for implementation of the Project; and WHEREAS, pursuant to Section 25-6.115 of the Florida Administrative Code, FPL has indicated that it can provide the Village with a binding estimate for the Project upon payment of a non-refundable engineering deposit to FPL in the amount of $147,037, which estimate would be valid for 180 days; and WHEREAS, the Village Council desires to authorize the Village Manager to make a non- refundable engineering deposit in the amount of$147,037 to FPL to request a binding estimate for the Project; and WHEREAS, the Village Council finds that this Resolution is in the best interest and welfare of the residents of the Village. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF KEY BISCAYNE, FLORIDA, AS FOLLOWS: Page I of2 Section 1. Recitals. That each of the above-stated recitals are hereby adopted, confirmed, and incorporated herein. Section 2. Authorization. That the Village Council hereby authorizes the Village Manager to make a non-refundable engineering deposit in the amount of $147,037 to FPL to request a binding estimate for the Project. Section 3. adoption. Effective Date. That this Resolution shall be effective immediately upon PASSED and ADOPTED this 10th day of ~M=a=y , 2022. ATTEST: APPROVED AS TO FORM AND LEGAL SUFFICIENCY: WEISS SEROTA HELFMAN COLE & BIERMAN, P.L. VILLAGE ATTORNEY Page 2 of2