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01/28/2015
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01/28/2015
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Last modified
7/2/2018 11:20:15 AM
Creation date
5/11/2016 10:55:40 AM
Metadata
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Template:
Meetings
Meeting Type
BCC Special Call Meeting
Document Type
Agenda Packet
Meeting Date
01/28/2015
Meeting Body
Board of County Commissioners
Subject
Florida Municipal Power Agency (FMPA)
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****PRELIMINARY AND TENTATIVE FINDINGS**** <br />INFORMATION TECHNOLOGY <br />Finding No. 15: The FMPA's disaster recovery plan could be enhanced. <br />BACKGROUND <br />The Florida Municipal Power Agency (FMPA), is a Joint Use Action Agency (JAA) created in 1978 pursuant to a <br />series of interlocal agreements with Florida municipalities under the authority of Sections 163.01 (Florida Interlocal <br />Cooperation Act of 1969), and 361.10 (Joint Power Act), Florida Statutes. The FMPA finances, acquires, contracts, <br />manages, and operates its own electric power projects or jointly accomplishes the same purposes with other public or <br />private utilities. The FMPA's structure allows each member municipality the option to participate in one or more <br />projects or not to participate in any project. Each of the projects are independent from the other projects, and the <br />project bond resolutions specify that no revenues or funds from one project can be used to pay the costs of any other <br />project. Projects are as follows: <br />Y The St. Lucie Project consists of 8.8 percent ownership interest in St. Lucie Unit 2, a 984 megawatt (M\X') <br />nuclear power plant located on Hutchinson Island in St. Lucie County and primarily owned and operated by <br />Florida Power and Light. <br />Y The Stanton and Tri -City Projects consist of 14.8 and 5.3 percent ownership, respectively, in a 441 MW coal- <br />fired power plant located in Orlando and primarily owned and operated by the Orlando Utilities Commission <br />(OUC). <br />➢ The Stanton II Project consists of 23.2 percent ownership in a 453 M\X' coal-fired power plant located in <br />Orlando and primarily owned and operated by the OUC. <br />Y The All Requirements Project (ARP) consists of varying ownership interest in several power plants located <br />throughout Florida, including the Stanton Energy Center Units 1 and 2; Indian River Combustion Turbines <br />A, B, C, and D; and Stanton Unit A. In addition, the ARP wholly owns the following units: Treasure Coast <br />Energy Center; Cane Island Units 1, 2, 3, and 4; Key \Vest Units 1, 2, 3, and 4; and Stock Island MS Units 1 <br />and 2. <br />4 <br />
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