Placement: Consent Agenda
Action Requested: Motion / Vote
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Approve the Cooperation Agreement with Respect to Construction Plans and FPL Lighting Agreements for Construction of the extension of Crosstown Parkway and North-South Road "A" within the Verano DRI.
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Submitted By: Clyde Cuffy, Regulatory Division Director
Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.
Summary Brief (Agreements/Contracts only)
1. Prepared by: Verano Development, LLC
2. Parties: City of Port St. Lucie and Verano Development, LLC (Verano)
3. Purpose: For the City to enter into a cooperation agreement with Verano Development regarding FPL Lighting Agreements.
4. New/Renewal/Modified: New
5. Duration: Perpetual
6. Benefits to Port St. Lucie: Facilitating the completion of the roadway sections per City-approved plans.
7. Cost to Port St. Lucie (Annual and Potential): FPL leasing fee, but the City will have no financial obligation relating to the preliminary streetlighting work.
Presentation Information: n/a
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: Verano Development, LLC (Developer) is in the process of constructing (i) Crosstown Parkway from Village Parkway to Range Line Road; and (ii) a portion of North-south Road A from Crosstown Parkway to the entrance of the Cresswind-Treasure Coast Community (roadway sections). City code Section 156.117 requires installation of street lighting. The developer does not intend on installing street lighting itself but utilizes FPL lighting to fulfill code requirements, and requires the City to enter into a lease agreement with FPL for the street lighting. The FPL lighting agreement requires the City to pay a leasing fee for the light poles and fixtures installed by F...
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