HomeMy WebLinkAboutSummary Form FRDate: 8/11/2005
AGENDA ITEM SUMMARY FORM
FILE ID: O S` 00 6 8 c
Requesting Department: Public Works
Commission Meeting Date: 9/08/2005 District Impacted: 1, 2, 3, 5,
Type: ❑ Resolution ® Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Ordinance to waive notice requirements and approve transfer of the chilled water Franchise
Agreement
Purpose of Item:
An Ordinance to waive the requirement of the filing of a written notice with the City Clerk by FPL
Energy Services, Inc. for the sale, assignment or transfer of the privileges granted in their chilled
water Franchise Agreement with the City and to approve the sale, assignment or transfer of those
privileges to FPL Thermal Systems, Inc., now known as TECO Thermal Systems, Inc.
Background Information:
See Attached Description.
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: 000
Special Revenue Account No: 000
CIP Project No: 000
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost: $0.00
Maintenance Cost: $0.00
Total Fiscal Impact: $0.00
Final Approvals
k .1.9 •- % /
CIP Budg '_'-� -1
If using or receiving capital funds ��Naira
Grants Risk Management
Purchasi Dept. Director .F ..1 .JIMPIF
Chief City Manager112=4111111Wr.
Page 1 of 2
SUPPLEMENT TO AGENDA ITEM SUMMARY FORM
Background Information:
By Ordinance No. 11662, adopted on May 26, 1998 FPL Energy Services, Inc. was
granted a Franchise Agreement with the City to install, operate and maintain a chilled
water system in the public rights -of -way to provide service to their customers.
On September 1, 2001, FPL Energy Services, Inc. assigned its interest in the Franchise
Agreement to a wholly -owned subsidiary, FPL Thermal Systems, Inc., without the filing
of a written notice with the City Clerk in advance of such agreement as required by their
Franchise Agreement with the City. FPL Energy Services, Inc. subsequently sold and
transferred all outstanding shares of FPL Thermal Systems, Inc. to TECO BGA, Inc.
TECO Thermal Systems, Inc., previously known as FPL Energy Services, Inc. has been
satisfactorily performing the obligations required by the Franchise Agreement since their
assumption of the Franchise Agreement. The administration has reviewed the Franchise
Agreement and recommends that it is in the best interest of the City, and to the benefit of
its residents, to continue the services now provided by TECO Thermal Systems, Inc.
under the terms and conditions of the Franchise Agreement. The attached Ordinance will
rectify by waiver the notice requirement omission and approve, for the avoidance of any
doubt, the transfer of the privileges of the Franchise Agreement to TECO Thermal
Systems, Inc.