TO: Honorable Mayor & Members of the North Port Commission
FROM: Peter D. Lear, CPA, CGMA, City Manager
TITLE: State Highway Lighting Maintenance, and Compensation Agreement Exhibit A for the maintenance of 265 streetlights along US 41 for the period of July 1, 2019, to June 30, 2020, between the City of North Port and the State of Florida Department of Transportation
Recommended Action
Approve State Highway Lighting Maintenance, and Compensation Agreement Exhibit A for the maintenance of 265 streetlights along US 41 for the period of July 1, 2019, to June 30, 2020, between the City of North Port and the State of Florida Department of Transportation (FDOT).
Background Information
Annually, the FDOT provides a lump sum payment to the City of North Port for the maintenance of streetlights on US 41.
For the period of July 1, 2019, to June 30, 2020, the City will receive $69,489.36 for maintenance of 265 streetlights. This is an increase from 124 streetlight in previous years. The following provides revenue and expenditure estimates:
Fiscal Year 2018/2019:
Revenue: $31,568.29
Expenditures: $10,578.02 (estimated)
Fiscal Year 2019/2020
Revenue: $69,489.36
Expenditures: $23,286.09 (estimated)
The City Attorney has reviewed this Agreement for legal form.
Strategic Plan
Infrastructure: Develop and maintain the City’s roads
Financial Impact
The District will record the revenue of $69,489.36 with estimated expenditures of $23,286.09 to be budgeted for in the Agreement.
Procurement
Not applicable
Attachments:
1. AM857 City of North Port Fiscal Year 19-20 Exhibit A
2. Lighting Maintenance and Compensation Agreement 2002
Prepared by: Monica Bramble, Assistant Public Works Director
Department Director: Juliana B. Bellia