TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: A Resolution of the City Commission of the City of North Port, Florida, Approving and Authorizing the Mayor to Execute the State of Florida Department of Transportation State Highway Lighting, Maintenance, and Compensation Agreement for All Streetlights (310) Located on U.S. Highway 41; Providing for Incorporation of Recitals, Providing for Conflicts; Providing for Severability; and Providing an Effective Date.
Recommended Action
Adopt Resolution No. 2022-R-32 approving and authorizing the Mayor to execute the State of Florida Department of Transportation State Highway Lighting, Maintenance, and Compensation Agreement for all streetlights (310) located on U.S. Highway 41.
Background Information
The State of Florida Department of Transportation (FDOT) provides an annual lump sum payment to the City of North Port for the maintenance of streetlights on U.S. Highway 41.
For the period of July 1, 2022, to June 30, 2023, the City will receive $98,694.70 for maintenance of 310 streetlights. The following provides revenue and expenditure estimates:
Fiscal Year 2022/2023:
Revenue: $98,694.70
Expenditures: $35,000 (Estimated)
Fiscal Year 2021/2022:
Revenue: $88,974.44
Expenditures: $33,311.82 (Estimated)
Fiscal Year 2020/2021:
Revenue: $77,785.92
Expenditures: $31,662.77
Fiscal Year 2019/2020:
Revenue: $69,489.36
Expenditures: $28,455.54
Resolution No. 2022-R-32 and the FDOT State Highway Lighting, Maintenance, and Compensation Agreement for all Streetlights (310) located on U.S. Highway 41 have been reviewed by the City Attorney and both are legally correct as to form.
Strategic Plan
Infrastructure
Financial Impact
The Road and Drainage District will record the revenue of $98,694.70 in Account ...
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