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Dylan Retngold, County _attorney <br />W\ ham K. DeBraal, Deputy Count)- .-Attorney <br />Kate Pmgolt Cotner, .-Assistant County _-Attorney <br />Consent Agenda - B CC l 12.16 <br />Office of <br />INDIAN RIVER COUNTY <br />MEMORANDUM <br />TO: ' Board of County Commissioners <br />FROM: Dylan Reingold, County Attomeqtl"'� <br />DATE: April 5, 2016 <br />SUBJECT: City of Vero Beach — FPL Electric Utility Sale <br />BACKGROUND <br />ATTORNEY <br />The City of Vero Beach (the "City") and FPL have entered into an agreement for the City to sell the City's <br />electric utility to FPL. On two occasions, the voters of the City approved referenda supporting the sale of <br />the City's electric utility to FPL. Since that time the negotiations between the Florida Municipal Power <br />Agency ("FMPA"), Orlando Utilities Commission ("OUC"), the City and FPL have stalled. <br />Representatives from the FMPA have recently expressed a desire to complete the sale. <br />The County Attorney seeks authorization from the Indian River County Board of County Commissioners <br />(the "Board") to speak at the next City Council meeting and request the City Council to authorize the <br />City's outside counsel to join in discussions with the FMPA, OUC, FPL, Indian River County and the <br />Town of Indian River Shores to complete the sale. If authorized, the County Attorney will request to be <br />added to the City Council agenda on April 19`h, if possible. <br />Approved for April 12, 2016 BCC Meeting <br />Consent Agenda <br />COUNTY ATTORNEY <br />F-'.7w?wVlr,,6'-GE\'FR4L1B C CAg—d,.ile Tlecn Uahy Sa/e egm-iow da <br />Indian River Co. A py-oved Date <br />Admin. 7 <br />Co. Atty. <br />Budget M S y <br />Department --- --- <br />Risk Management --- --- <br />27 <br />