Town-wide Undergrounding Project:

Steve Stern, Project Manager

a. Review of Project and Dashboard, Summary of Project Status.

b. RESOLUTION NO. 118-2018 A Resolution of the Town Council of the Town of Palm Beach, Palm Beach County, Florida, Awarding a Construction Management At Risk (CMAR) Contract to Burkhardt Construction, Inc., for the Town-Wide Utility Undergrounding Phase 2 North and Drainage Improvements for Osceola Way in the Amount of $4,070,866.92, and Establishing a Project Budget of $4,270,866.92.

H. Paul Brazil, Director of Public Works

c. RESOLUTION NO. 119-2018 A Resolution of the Town Council of the Town of Palm Beach, Palm Beach County, Florida, Approving a Purchase Order to Kimley-Horn & Associates, Inc., for Construction Phase Engineering Services for the Town-Wide Overhead Utility Undergrounding Phase 2 North Project and Associated Capital Improvements Broken Down as Follows: Phase 2 North Utility Undergrounding in an Amount of $248,121, and Establishing a Construction Phase Engineering Services Budget of $273,000 from the Town-Wide Undergrounding of Utilities Fund; and Drainage Improvements on Osceola Way and North Ocean Way in the Amount of $5,261 and Establishing a Construction Phase Engineering Services Budget of $6,000 from the Accelerated Capital Improvements Phase 2 Fund for a Total Purchase Order in the Amount of $253,382, and Establishing a Total Construction Phase Engineering Budget of $279,000.

H. Paul Brazil, Director of Public Works

d. RESOLUTION NO. 120-2018 A Resolution of the Town Council of the Town of Palm Beach, Palm Beach County, Florida, Providing for the Issuance of its General Obligation Bonds (Underground Utility Project), Series 2018 in a Principal Amount of Not to Exceed $60,000,000, for the Purpose of Financing or Refinancing a Portion of the Cost of the Underground Utility Project, Retiring the Town's Outstanding Public Improvement Commercial Paper Revenue Notes, Series 2017 and Paying Costs of Issuance; Providing for Registration Through a Book-Entry System; Approving the Form and Authorizing the Distribution of a Preliminary Official Statement and the Execution and Delivery of a Final Official Statement; Establishing Criteria for Determining the Date, Interest Rates, Provisions for Redemption and Maturity Schedule of the Bonds; Authorizing the Town Manager to Award the Sale of the Bonds to the Underwriter on a Negotiated Basis; Providing Covenants as to Continuing Disclosure; Approving the Form and Authorizing the Execution and Delivery of a Bond Purchase Agreement and the Conditions and Criteria of Such Sale or Sales; Authorizing all Proper Officials to do all Things Necessary in Connection with the Issuance, Sale and Delivery of the Bonds; and Providing an Effective Date.

Jane Le Clainche, Director of Finance