Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Reimburse The Florida East Coast Railway, LLC For Tyler Street Crossing Reconstruction, Pursuant To The Tyler Street Crossing License Agreement, Between The Florida East Coast Railway Company And The City Of Hollywood, In The Amount Of $92,686.98.
Body
Staff Recommends: Approval of the Attached Resolution.
Explanation:
The City of Hollywood and Florida East Coast Railway, L.L.C. (FEC), have throughout the years entered into several License Agreements, by which FEC grants the City License to provide public roadway crossings across its property and railways. The License Agreements require the City to pay for the periodic maintenance of the roadway crossings and equipment, with the FEC reserving the right to perform the work and seek reimbursement from the City.
Notice of the scheduled reconstruction of the Tyler Street crossing was first issued by FEC on September 17, 2015, with an estimated cost of $106,217.00, a notice of intent to work was issued by FEC on June 30, 2016. The work took place the week of August 22, 2016, with an invoice in the amount of $92,686.98 presented by FEC on December 15, 2016.
Funding is available in account numbers 34.1415.15330.541.004637, 36.1400.14330.541.004637 and 36.1400.15330.541.004637.
Recommended for inclusion on the agenda by:
Dr. Wazir Ishmael, City Manager
Gus Zambrano, Assistant City Manager
Thomas Barnett, Director, Department of Development Services
Luis A. Lopez, City Engineer