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To: Schef Wright; dreingold@ircgov.com <br />Cc: Floyd_Self@gshllp.com; WComent@covb.org; chesterc@chesterclem.com; cclem@chesterclem.com; <br />ca.alvarez@embargmail.com; Jay LaVia <br />Subject: RE: FMPA Meetings <br />Good morning Schef. <br />I'm a bit confused. In paragraph 4.a. of the Interim Mediation Agreement, the City agreed to continue " Working with ... <br />the Florida Municipal Power Agency ("FMPA") ... to effectuate the sale of the City's electric system to FPL." I only see <br />where you've requested a meeting with OUC and FPL to discuss ways to effectuate that sale. As I read it, your letter to <br />FMPA only requests a meeting with FMPA to discuss ways to lower the City's wholesale power costs under its <br />agreements with FMPA. <br />I know you've been busy and I'm assuming that was just an oversight. Will you be sending a letter to FMPA requesting a <br />meeting to discuss ways to effectuate the sale of the City's system to FPL, just as you've done with respect to OUC and <br />FPL? Thanks Schef. <br />Bruce <br />D. Bruce May, Jr. I Holland & Knight <br />Equity Partner <br />315 South Calhoun Street, Suite 600 I Tallahassee FL 32301 <br />Phone 850.425.5607 I Fax 850.224.8832 <br />bruce.may(a.hklaw.com I www.hklaw.com <br />Add to address book I View professional biography <br />From: Schef Wright Finailto:schef@gbwlegal.com) <br />Sent: Thursday, January 22, 2015 4:01 PM <br />To: Dylan Reingold <br />Cc: 'Floyd R. Self; 'Coment, Wayne (WComent@covb.org)'; May, D Bruce (TAL - X35607); <br />chesterc@chesterclem.com; cclem@chesterclem.com; ca.alvarez@embargmail.com; Jay LaVia <br />Subject: RE: FMPA Meetings <br />Good afternoon, Dylan — <br />Probably by the time you receive this email, you will have received copies of the emails transmitting the City's <br />requests: (1) to OUC and FPL for a meeting to discuss possible ways to effectuate the sale/purchase of the City's <br />electric system, and (2) to FMPA for a meeting to discuss ways by which we may be able to reduce the City's <br />wholesale power supply costs. <br />I'm sending you this email separately — copying all recipients of your email to me — to give you a bit of additional <br />information. I got home just before 1AM on Tuesday night, and yesterday, 1 drafted the letters that I just sent; <br />Wayne reviewed them this morning, and I sent them this afternoon. <br />The reason that we decided not to seek a meeting with the FMPA bond entities at this time is that for them to <br />attend would likely involve costs for attorneys for those bond entities that would come to something on the <br />order of $2,000-$3,000 per hour or more. In Tight of that fact, the City believes that it would be unreasonable <br />2 <br />228 <br />