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2016-187 (2)
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2016-187 (2)
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Last modified
11/4/2016 12:52:43 PM
Creation date
11/4/2016 12:52:42 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
11/01/2016
Control Number
2016-187
Agenda Item Number
8.L.
Entity Name
Florida Power & Light Co.
Subject
Radiological Emergency Preparedness 2017-2018
Support of Nuclear Power Plants Agreement
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In the event the Company and County are unable to resolve differences <br /> regarding funding for preparation, testing and implementation of <br /> radiological emergency response activities, the parties shall first meet to <br /> resolve the dispute. If informal meetings are unsuccessful in resolving the <br /> issues, any dispute or controversy between the parties arising out of or in <br /> connection with this agreement must be submitted, by either party, to final <br /> and binding arbitration before a single arbitrator in accordance with the <br /> Commercial Rules of the American Arbitration Association, and judgment <br /> upon the award rendered by the arbitrator may be entered in any court <br /> having jurisdiction thereof. Each party shall be responsible for its <br /> attorneys' fees and costs incurred in the arbitration. The arbitrator's fees <br /> shall be paid in equal parts by the parties unless the award shall specify a <br /> different division of the fees. Venue for arbitration proceedings brought <br /> hereunder shall lie in Indian River County, Florida. <br /> The Company shall be responsible for providing all funding under this <br /> Agreement to the County. <br /> At the end of the term of this Agreement, the County shall either refund all <br /> unexpended funds to Company or reflect all remaining interest earned as <br /> funds carried forward and apply such funds to any additional term of this <br /> Agreement, as appropriate. The County and the Company may also <br /> discuss alternatives for disposition of excess funds, provided, however, <br /> that such alternatives shall be effective only upon execution of an <br /> agreement in writing by the County and the Company. <br />
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