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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE APPLICANT-INSTALLED FACILITIES AGREEMENTS FOR UNDERGROUND CONVERSIONS, UNDERGROUND FACILITIES CONVERSION AGREEMENTS - GOVERNMENT ADJUSTMENT FACTOR WAIVER, AND CITY/COUNTY RIGHT-OF-WAY AGREEMENTS FOR UNDERGROUND CONVERSIONS BETWEEN THE CITY OF POMPANO BEACH AND FLORIDA POWER & LIGHT COMPANY RELATING TO PLACING OVERHEAD UTILITIES UNDERGROUND ALONG OCEAN BOULEVARD FROM SE 8TH STREET TO TERRA MAR (PHASE 1) AND ALONG OCEAN BOULEVARD FROM HILLSBORO CANAL TO ATLANTIC BOULEVARD (PHASE 2); PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $1,663,825)
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(Staff Contact: John Sfiropoulos)
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Summary Explanation/Background:
As a component of the GO Bond Ocean Boulevard (A1A) streetscape improvement project, City will be converting the overhead electric to underground along A1A in two (2) phases; Phase 1 is from Terra Mar to Atlantic Blvd and Phase 2 is from Atlantic Blvd to the Hillsboro Inlet. Florida Power and Light (FPL) will be supplying the material and City's contractor will be completing the conversion under a future, separate contract.
In order to facilitate this, FPL requires that we enter into the attached three (3) Agreements with them for both phases. The three (3) Agreements are as follows:
1. Applicant Installed Facilities Agreement (AIF).
2. Government Adjustment Factor Waiver (GAF).
3. Right-of-Way Agreement (ROW).
The total fiscal impact for both phases combined associated with these Agreements is $1,663,825.
Origin of request for this action: John Sfiropoulos
Fiscal impact and source of funding: $1,663,825 / 318-7631-530.65-12 CONSTRUCTION (Project Number 19363 GOB AIA IMPROVEMENT)
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