Title
RESOLUTION AUTHORIZING EXPENDITURE OF FRANCHISE FEE FUNDS FOR ELECTRICAL CONVERSION SERVICES RELATED TO HIGHWAY 2 WIDENING PROJECT
Body
Summary and Background Information:
This item will approve expenditure from the City’s 1% franchise fee with Xcel Energy for the undergrounding of overhead lines related to the Highway 2 Widening Project, as follows:
Location Cost
88th Avenue to 96th Avenue $296,643.91
77th Avenue to Quebec Street $181,901.76
Total $478,545.67
Staff Responsible (Department Head): Maria D’Andrea, Director of Public Works
Staff Member Presenting: N/A
Financial Impact: $478,545.67
Funding Source: Xcel Energy 1% Franchise Fee Fund
Staff Recommendation: Approval of resolution
Suggested Motion: I move to approve Resolution 2016-103.