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City's electric system to FPL. Having considered the matter, it seems to us that the best way to <br />proceed is for the City, FPL, and OUC to meet before attempting to involve FMPA and <br />representatives of the bond entities (i.e., bond counsel, trustee, and so on). We believe this to <br />be best because of the significant additional costs that would be incurred to have the bond <br />entities' attorneys involved, with the additional expenses associated with travel time to Florida. <br />It seems to us that, if we can find a conceptual way to consummate the sale/purchase, we <br />would then arrange a meeting with FMPA and the bond entities. <br />Accordingly, I ask you to let me know, as soon as possible, whether you and appropriate <br />representatives of your respective companies can be available to meet on any of the following <br />dates: January 27-30, and February 6, 9-13. While we think a face to face meeting would be <br />best, a conference call might also work, and should offer additional flexibility as to timing In <br />addition to the above dates, we could be available for a conference call on the following dates: <br />February 2. 4, and 5. <br />Please advise me of your willingness and ability to meet, or participate in a conference <br />call, on any of the above dates. I will appreciate a reply at your earliest convenience. Time is <br />of the essence. <br />Additionally, I request that each of you consent to allow representatives of the Town of <br />Indian River Shores and of Indian River County to attend and participate in any such meeting <br />or conference call. <br />Thank you very much for your consideration. If you have any questions, please call me <br />any time. <br />Cordially yours, <br />Gardner, Bist, Wiener, Bowden, Bush, Dee, <br />LaVia & Wright, P.A. <br />Attorneys for the City of Vero Beach <br />Copies: Chester Clem, Town Attorney, Indian River Shores <br />D. Bruce May, Special Counsel, Indian River Shores <br />Dylan Reingold, County Attorney, Indian River County <br />Floyd R. Self, Esquire <br />Wayne R. Convent, City Attorney, City of Vero Beach <br />2 <br />220 <br />