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HomeMy WebLinkAboutResolution 229 Developer Fees RESOLUTION NO. 229 A RESOLUTION OF THE CITY OF WINTER SPRINGS, FLORIDA, FIXING THE FEE PER POLE AND FIXTURE TO BE PAID BY DEVELOPERS WITHIN THE CITY TO OFFSET INCREASED MONTHLY SERVICE CHARGES OF ELECTRIC UTILITIES WITHIN THE CITY: CONFLICTS: AND EFFECTIVE DATE. WHEREAS, Florida Power Corporation has revised its policy regarding monthly M-1 Municipal street lighting billing rates; and WHEREAS, the City has considered the change in the Florida Power Corporation's policy of accepting initial cash payment in lieu of monthly fixture charges for street lighting fixtures; and WHEREAS, it is eminently necessary for the City of Winter Springs to fex the fee per pole and fixture to be paid by developers within the City to offset said monthly service charges of the investor-owned electric utility, Florida Power Corporation, and other investor-owned electric utilities similarly situated. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY WINTER SPRINGS, FLORIDA, AS FOLLOWS: SECTION I - All developers of subdivided lands within the City of Winter Springs, Florida, shall be required to pay unto the City of Winter Springs, Florida, a pole and fixture lighting fee of Two Hundred Fifty Dollars ($250.00) per pole and fixture, which sum shall be used by the City to offset the monthly service charge to the City of Winter Springs, Florida. SECTION II - All developers of subdivided lands within the City of Winter Springs, Florida, shall pay the pole and fixture lighting fee of Two Hundred Fifty Dollars ($250.00) per pole and fixtue simultaneously with the issuance of the initial building permit germane to any construction within said develop- ment. SECTION III - All developers of subdivided lands as described herein shall pay the required pole and fixture lighting fee for each pole and lighting fix- ture approved by the City as a part of the developers approved lighting design plan. SECTION IV - The City shall establish an account for the deposit of the pole and fixtue lighting fees, which account shall bear interest compounded daily at not less than five and one-quarter percent (5 1/4). The principal and interest deposited to said account shall be disbursed periodically by the City to defray each month the charge to the City for pole and fixture rentals of all investor- owned electric utilities operating within the City. SECTION V - This Resolution shall remain in force until supplemented, amended, repealed, or otherwise altered. SECTION VI - All resolutions, or parts of resolutions in conflict with this resolution are hereby repealed. SECTION VII - This Resolution shall take immediate effect upon its passage and approval. PASSED AND ADOPTED this12th day of September, 1978 CITY OF WINTER SPRINGS By Troy J. Pilard, Mayor ATTEST: MARY T. NORTON, CITY CLERK