Staff recommends approval of a Professional Service Agreement with Spring Lake Cove L.L.L.P., a Florida Limited Liability Company, to provide natural gas service to Spring Lake Cove.
Section 22-248 of the Code of Ordinances requires that onsite main extensions and services shall be paid for by the developer. Spring Lake Cove L.L.L.P., a Florida Limited Liability Company, is building apartments known as Spring Lake Cove, located on Spring Lake Rd. in Fruitland Park. Ninety-six of the planned 96 units in Phase 1 of the Development will have natural gas water heaters and furnaces. In accordance with the above referenced ordinance, the developer will place $44,000 in escrow, which will be used to fund the onsite gas installation project in its entirety. The City of Leesburg will fund the 200 foot main extension required to reach the development. This extension is estimated to cost $2,000 with a three month recovery of investment.
1. Adopt a resolution approving the Professional Service Agreement with Spring Lake Cove L.L.L.P., a Florida Limited Liability Company to provide natural gas service to Spring Lake Cove or
2. Such alternative action as the Commission may deem appropriate
The capital outlay estimated at $44,000 will be funded through a customer contribution, placed in escrow, of the same amount.
Prepared by: _Jack Rogers_______
Attachments: Yes _X_ No ______
Advertised: ____Not Required _X__
Attorney Review : Yes _X_ No ____
Reviewed by: Dept. Head __x_____
Finance Dept. __________JB______
Deputy C.M. ___________________
City Manager ___________________
Account No. _042 2099 532_xxxx___
Project No. _420002/420010____
WF No. ______________________
A resolution of the City Commission of the City of Leesburg, Florida, authorizing the Mayor and City Clerk to execute an agreement with Spring Lake Cove L.L.L.P. a Florida Limited Liability Company to extend natural gas service to Spring Lake Cove ; 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 agreement with Spring Lake Cove L.L.L.P. a Florida Limited Liability Company whose address is _329 N. Park Ave. Suite 300, Winter Park Fl. 32789, for installation of natural gas service.
THAT this resolution shall become effective immediately.
PASSED AND ADOPTED by the City Commission of the City of Leesburg, Florida, at a regular meeting held the 28th day of _July,___ 2008.