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BCC AGENDA <br />April 14, 2015 <br />ITEM 14.B (1) <br />INDIAN RIVER COUNTY <br />BOARD OF COUNTY COMMISSIONERS <br />INTER -OFFICE MEMORANDUM <br />TO: Members of the Board of County Commissioners <br />DATE: April 8, 2015 <br />SUBJECT: Auditor General and FMPA <br />FROM: Commissioner Bob Solari <br />A couple of FMPA issues: <br />1. The last sentence of the March 31, 2015 letter from the Auditor General's <br />office to Mr. Reingold, states that the valuation of FMPA's generation <br />assets would be, if directed by the Legislature, "the objective of a separate <br />engagement." It has been suggested that such a valuation would be in the <br />interests of all the customers of all the municipalities involved with the <br />FMPA and especially the customers of the COVB electric utility system. I <br />would like the Board to consider whether it would like to ask the <br />Legislature to direct the Auditor General to make such a valuation. <br />2. The Joint Legislature Audit Committee meeting of March 30th, 2015 <br />covering FMPA's response to the audit by the Auditor General was <br />enlightening. Would the BCC like to make it available on the County's <br />website? <br />Thank you. <br />162 <br />