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Section 1. The foregoing "WHEREAS" clauses are hereby found true and correct and are <br />adopted as findings of the City Council of the City of Vero Beach, Indian River County, Florida. <br />Section 2. The City Council of the City of Vero Beach, Florida, hereby authorizes the City's <br />administrative Staff to develop, in consultation and collaboration with appropriate <br />representatives of City electric customers, including Indian River County and the Town of Indian <br />River Shores, a proposed ordinance that would provide for establishment, structure, powers, <br />operational matters, and other necessary attributes of a separate utility authority to <br />operate the business of the City's electric utility system. The City Council further <br />authorizes Staff to bring such definitive, detailed ordinance before the City Council as soon as <br />possible, but in no case any later than the first Council meeting in July 2015. <br />Section 3. The City Clerk is directed to provide a certified copy of this Resolution to Florida <br />State Senators Thad Altman and Joe Negron; Florida State Representatives Debbie Mayfield and <br />Gayle 13. Harrell; the Mayor and Town Council of the "town of Indian River Shores; and the <br />Chairman and Commissioners of the Indian River County Board of County Commissioners. <br />Section 4. This Resolution shall become effective upon adoption by the City Council. <br />********************************************k <br />{R_EMYMAJN1)EId OF PAGE; INTENTIONALLY Y LEF"F BLANK <br />Page 2 of 3 <br />159 <br />