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Res No 097-15-14436RESOLUTION NO.097-15-14436 A Resolution of the City of South Miami,Florida,joining with the City of Miami and the Village of Pinecrest,Floridafor engagement of an economist relating to early cost recovery matters before the public service commission; providing for an effective date. WHEREAS,eachyear,FPLisauthorizedbyFlorida'sPublicService Commission to chargeearlynuclearcostrecoverydollarstopayforplanning,licensing,andeventually constructingitsproposednuclearreactors.Toreceivethisauthorization,theutilitymustprovide anannual feasibility analysis of itsproject,demonstrating thatthe proposed power plantwillbe cost effective forits customers and that the utility intends to continue with licensing,etc.;and WHEREAS,construction of transmission lineson US-1 is predicated upon FPUs ability to obtain financing through Advanced Cost Recovery;and WHEREAS,the purpose of hiring an expert economist isto challenge the assumptions behind FPL's feasibility analysis and present alternatives tothe Public Service Commission;and WHEREAS,the testimony willbe pre-filed inlateJuneand the hearing will take place in August. NOW THEREFORE,BE IT RESOLVED BY THE MAYOR AND CITY COMMISSIONERS OF THE CITY OF SOUTH MIAMI,FLORIDA: Section 1.That a commitment of $13,000 is hereby authorized forthe engagement of an economist,in partnership withtheCity of MiamiandtheVillage of Pinecrest,Floridain connection with Early Cost Recovery matters before the Florida Public Service Commission. Section 2.Severability.If any section clause,sentence,or phrase of this resolution is foranyreasonheldinvalidorunconstitutionalbyacourt of competent jurisdiction,theholding shallnotaffectthe validity of theremainingportions of thisresolution. Section 3.Effective Date.Thisresolutionshallbecomeeffectiveimmediatelyupon adoption byvote of the City Commission. PASSED AND ADOPTED this 16^day of June,2015. ATTEST:APPROVED: COMMISSION VOTE:5-0 Mayor Stoddard:yea Vice Mayor Harris:Yea Commissioner Edmond:Yea Commissioner Liebman:Yea Commissioner Welsh:Yea RESOLUTION NO.2015-25 A RESOLUTION OF THE VILLAGE OF PINECREST,FLORIDA,JOINING WITH THE CITIES OF MIAMI AND SOUTH MIAMI FOR ENGAGEMENT OF AN ECONOMIST RELATING TO EARLY COST RECOVERY MATTERS BEFORE THE PUBLIC SERVICE COMMISSION; PROVIDING FOR AN EFFECTIVE DATE. BE IT RESOLVED BY THE VILLAGE COUNCIL OF PINECREST,FLORIDA,AS FOLLOWS: Section 1.That a commitment of $15,000 is hereby authorized for the engagementofan economist,in partnership with the cities of Miami and South Miami,in connection with Early Cost Recovery matters before the Florida Public Service Commission. Section 2.This Resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this °ih dayofJune,2015. Cindy Lemer,Mayor Attest: Guido H,Inguanzo,Jr.,CMC Villdae Cferk Approved asto Form and Legal Sufficiency: Mitchell Bierman Village Attorney