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HomeMy WebLinkAboutCRA-R-07-0031 Memo• • • SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM SEOPW & Omni Boards of Commissioners Meeting June 25, 2007 Item #8 To: Board Chair Michelle Spence -Jones Date: June 15, 2007 File: 07-00802 and Members of the CRA Board Subject: Ratification of Renewal of Street Light Maintenance Agreement From: James H. Villacorta----is References: Executive Director? Enclosures: Supporting Documentation and Legislation BACKGROUND: The attached resolution ratifies the Executive Director's exercise of the first two, year renewal option in the agreement for street light maintenance with Under Power Corporation. The Southeast Overtown/Park West Community Redevelopment Agency ("CRA") is responsible for maintenance of street lights along the 91" Street Pedestrian Mall, Sawyers Walk, The Grand Promenade and various parking lots. The CRA entered into a maintenance agreement for street lighting with Under Power Corporation at a cost of $9.40 per fixture per month for a period of five (5) years commencing May 1, 2002, with two (2) options to renew for a period of 2 years each. JUSTIFICATION: To ensure uninterrupted service, the Executive Director exercised the first two (2) year renewal option commencing May 1, 2007, at no increase in cost. FUNDING SOURCE: $40,000 to be allocated from SEOPW TIF Fund, entitled "Other Contractual Services," Account Code No. 10050,920101.534000.0000.00000. JHVfeh