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Res No 162-15-14501RESOLUTION NO.162-15-14501 A Resolution of the City of South Miami,Florida,authorizing the re allocation and use of the balance of the funds remaining,after the engagementofaneconomistrelatingtoearlycostrecoverymattersbefore the Public Service Commission,for the cost of an engineering expert witness in the same matter. WHEREAS,each year,FloridaPower&Light Company,("FPL")is authorized by Florida'sPublicServiceCommissiontochargeearlynuclearcostrecoverydollarstopayfor planning,licensing,and eventually construction ofits proposed nuclear reactors.To receive this authorization,theutilitymustprovideanannualfeasibilityanalysis of itsproject,demonstrating thattheproposedpowerplantwillbecosteffectiveforitscustomersandthattheutilityintends to continue with licensing,etc.;and WHEREAS,the City of South Miami has partnered with the City of Miami andthe Village of Pinecrest,Florida in connection with the Early Cost Recovery matters before the Florida Public Service Commission.Inthisregard,theCity of South Miami has committed $13,000fortheengagement of aneconomistbytheCity of Miamiforthepurposetochallenge the assumptions behind FPUs feasibility analysis and present alternatives tothe Public Service Commission;and WHEREAS,theactualcost of theCity'sshareforthePublicServiceCommissionexpert economist was $11,338.36,which lefta balance of $1,661.64;and WHEREAS,theCitywishestoallocateandexpendtheunusedfunds of $1,661.64to contribute totheCityofMiami's engagement ofan engineering expert witness in connection with the challenge tothe assumptions behind FPL's feasibility analysis and present alternatives to thePublic Service Commission regarding theEarlyCost Recovery matters. NOW THEREFORE,BE IT RESOLVED BY THE MAYOR AND CITY COMMISSIONERS OF THE CITY OF SOUTH MIAMI,FLORIDA: Section1.Thebalanceofthefundsremainingaftertheengagementofaneconomist bythe City of Miami relatingto Early Cost Recovery beingsoughtby FPL beforethe Public Service Commission arehereby re-allocated toandmaybe expended bythe City of Miami forthecostofanengineeringexpertwitnessconcerningthismatter. Section2.Severability.Ifany section clause,sentence,or phrase ofthis resolution is for any reason held invalid or unconstitutional by a court of competent jurisdiction,the holding shallnotaffectthevalidityofthe remaining portionsofthis resolution. Section 3.Effective Date.This resolution shall become effective immediately upon adoption byvote of theCity Commission. PASSEDANDADOPTEDthis 6th_day of October 2015. Pg.2 of Res.No.162-15-14501 APPROVED:ATTEST: SgOft^v Mpw-CITY READ AN LANGU. EXE' ED AS EGALITY HEREOF ORM,COMMISSION VOTE:4-0 Mayor Stoddard:Yea Vice Mayor Harris:Absent Commissioner Edmond:Yea Commissioner Liebman:Yea Commissioner Welsh:Yea