AGENDA MEMORANDUM

 

 

Meeting Date:           June 27, 2011

 

From:                          Paul Kalv, Electric Director

 

Subject:                      Resolution  authorizing  an Electric Franchise Agreement with Sumter Electric Cooperative, Inc. (SECO)

 

 

Staff Recommendation:

Staff Recommends approval of the Electric Franchise Agreement with Sumter Electric Cooperative, Inc.

 

Analysis:

Leesburg’s current electric franchise with SECO was effective January 14, 2008 and will expire June 30, 2011.  Leesburg Staff has reviewed the proposed non-exclusive franchise agreement, which among numerous other provisions, gives SECO permission to occupy Rights-of-Way in the City of Leesburg for the purpose of providing electric service from the date of execution through August 1, 2020.  In return, Leesburg will receive a monthly franchise amount which will equal six percent (6%) of SECO’s base revenues collected from customers within the corporate limits of the City of Leesburg.

 

Options:

1.  Approve the Electric Franchise Agreement, or

2.  Such alternative action as the Commission may deem appropriate

 

Fiscal Impact

Approval of the franchise agreement will provide for continuation of SECO’s franchise payment to Leesburg.  Franchise payments from SECO are anticipated to total $46,144.29 for the 12 months ending May, 2011.

 

Submission Date and Time:    6/22/2011 5:58 PM____

 

Department: ___Electric______________

Prepared by:  ____Paul Kalv____________                     

Attachments:         Yes__X__   No _____

Advertised:   ____Not Required __X____                     

Dates:   __________________________                     

Attorney Review :       Yes_X__  No ____

                                                 

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head _Paul Kalv__

 

Finance  Dept. _____JB___________                                     

                              

Deputy C.M. ______DD___________                                                                         

Submitted by:

City Manager ___________________

 

Account No. _________________

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________


 

RESOLUTION NO._______________

 

A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN ELECTRIC FRANCHISE AGREEMENT WITH SUMTER ELECTRIC COOPERATIVE, INC. (SECO); AND PROVIDING AN EFFECTIVE DATE.

 

 

BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA:

 

            THAT the Mayor and City Clerk are hereby authorized to execute an Electric Franchise Agreement with SUMTER ELECTRIC COOPERATIVE, INC., whose address is P.O. Box 301, Sumterville, FL 33585-0301.

 

             THAT this resolution shall become effective immediately upon adoption.

 

PASSED AND ADOPTED by the City Commission of the City of Leesburg, Florida, at a regular meeting held the __27th___ day of _       June_____, 2011.

 

 

 

                                                                            __________________________

                                                                             Mayor

 

ATTEST:

 

 

____________________________________

City Clerk