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HomeMy WebLinkAboutSummary Form FR/SRAGENDA ITEM SUMMARY FORM � FILE ID: ) a Vo 1 5 Date: 3/17/2010 Requesting Department: City Manager Law Department Commission Meeting Date: 3/25/2010 District Impacted: 1,2,3,4,5 Matter ID No. Type: ❑ Resolution X❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Ite ❑ Other Subject: FPL Franchise Agreement OI Item: An Ordinance granting to Florida Power & Light Company, its successors and assigns, an electric franchise, imposing provisions and conditions relating thereto, providing for monthly payments to the City of Miami, and providing for an effective date. Information: This Ordinance is a renegotiated 30 year extension of the current FP&L Franchise Agreement, which will be expiring. Budget Impact Analysis YES Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP If using or recciving capital funds Grants Purchasin Chief Page 1 of I Final Approvals (SIGN AND DATE) Budget Risk Manage Dept. Director. City Manager_