Placement: Consent Agenda
Action Requested: Motion / Vote
TITLE
Approve the Agreement with Respect to Florida Power & Light Lighting for a Portion of Marshall Parkway with Mattamy Palm Beach, LLC
BODY
Submitted By: Diana Spriggs, P.E - Assistant Director, Public Works
Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.
Summary Brief (Agreements/Contracts only)
1. Prepared by: City Attorney's Office
2. Parties: City of Port St. Lucie and Mattamy Palm Beach, LLC (Mattamy)
3. Purpose: Enter into an agreement that establishes a payment that Mattamy will provide to the City equivalent to the cost Mattamy would have incurred if it had installed the street lighting itself.
4. New/Renewal/Modified: New
5. Duration: Perpetual until payment is received as outlined in the agreement.
6. Benefits to Port St. Lucie: Facilitating completion of the street lighting without the installation cost being a burden on City residents. Mattamy will provide a payment of $239,200.40 that the City will use to make payments with FPL Lighting Agreements and general City streetlighting needs.
7. Cost to Port St. Lucie (Annual and Potential): The City will pay the monthly rental fee of $238.75 plus electricity for the lighting.
Presentation Information: Questions will be answered upon request.
Staff Recommendation: Move that the Council complete motion in the affirmative.
Alternate Recommendations:
1. Move that the Council amend the recommendation and complete motion in the affirmative.
2. Move that the Council not approve and provide staff direction.
Background: The City became aware over the last year that the monthly rental fee being charged to the City in Florida Power & Light (FPL) agreements includes the initial cost of fixtures and installation broken up over years as FPL does not charge for installation. The City in turn also learned that the developer obligated roadway extensions were not being required to fund the street lighting fixtu...
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