ANALYSIS:
At the Neighborhoods/Community Affairs Committee (NCAC) meeting on January 28, 2019, the Committee reviewed and discussed the results of a tabulation from petition mailings in the North Bay Road and Alton Road neighborhood, which resulted in 60.74% final votes in favor of creating a taxing district. Based on these results, the Committee made a motion to proceed with the next steps for creating a district and obtaining the binding estimates for the undergrounding of the existing overhead utilities.
Following this motion, City staff met with representatives of the Upper North Bay Road Neighborhood Association to discuss the boundary limits. The association provided the City a proposed underground boundary map with 173 properties that would participate in the undergrounding process.
City staff forwarded FPL the proposed underground boundary map and requested a "ballpark" non- binding cost estimate for the work. On April 24, 2019, FPL provided the City the results of the estimate and this information has been shared with the neighborhood association to review.
In order for FPL to proceed with a detailed and "binding" estimate for the conversion project, FPL will require a non-refundable engineering deposit of $11,729.00 prior to beginning the estimating process, as set forth in the Florida Administrative Code 25-6.115.
Should the neighborhood decide to proceed with the work contained in the estimate, the amount of this deposit would be applied toward the estimate amount owed to FPL for the conversion. The "binding" estimate is valid for 180 days from the date the "binding" estimate is provided.
Historically, the neighborhood requesting the undergrounding conversion have been responsible for paying these and all fees associated with the undergrounding.