Mike: I have to agree with what you said above 100%
Steve: I origanally thought to include "RED STICKER" in my orig. reply above. As to running the cord thru the floor;400.8 (2)prohibits that. As Leland said, adjacent to or within the occupied space; and accessable. Problem solved with a single receptacle inside the sink cabinet, at the back.
And, once again Reno eloquently stated the pros and cons.