UTILITIESPENDING

City of Daytona Beach Shores Commission Meeting Agenda April 2026

City Approves FPL LED Streetlighting on Esperanza

Approximately $27.38 per month ($328.56 per year); $164.28 estimated for remainder of FY 2026City of Daytona Beach ShoresFLORIDA POWER AND LIGHT (FPL)April 6, 2026

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Description

Daytona Beach Shores plans to enter into an agreement with Florida Power and Light to install three LED streetlights on Esperanza Avenue, enhancing nighttime visibility and pedestrian safety, at an estimated $27.38 per month. The agreement carries a 10‑year initial term with automatic five‑year renewals.

Contract Details

Contract Amount

Approximately $27.38 per month ($328.56 per year); $164.28 estimated for remainder of FY 2026

Vendor

FLORIDA POWER AND LIGHT (FPL)

Agency

City of Daytona Beach Shores, FL

Contract Type

UTILITIES

Document Date

April 6, 2026

Contract Term

Initial term 10 years from date lights are energized, with automatic 5-year renewal periods thereafter

Renewal Info

Agreement has an initial 10-year term from energization, automatically extending for successive 5-year periods unless either party gives at least 90 days’ written notice before term expiration. Early removal of facilities would trigger a removal cost based on original installed cost less depreciation and salvage plus removal.