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BOARD OF COUNTY COMMISSIONERS <br />Wesley S. Davis <br />Chairman <br />District 1 <br />Bob Solari <br />Vice Chairman <br />District 5 <br />April 16, 2015 <br />Representative Cynthia A. Stafford <br />1003 The Capitol <br />402 South Monroe Street <br />Tallahassee, FL 32399 <br />Dear Honorable Representative Stafford, <br />Joseph E. Flescher <br />District 2 <br />Tim Zorc <br />District 3 <br />Peter D. O'Bryan <br />District 4 <br />On behalf of the Board of County Commissioners and the citizens of Indian River County, I <br />would like to thank you and the Joint Legislative Auditing Committee for your recent review of <br />the Auditor General's audit of the Florida Municipal Power Agency (FMPA). Your interest in this <br />issue was very gratifying for those of us in Indian River County who consider this to be a crucial <br />issue for the economic health of our community. <br />Senator Simpson was correct in asking why FMPA would not simply set an exit price. In Indian <br />River County, we agree with Senator Simpson's implied answer to his own question, which was <br />well stated in the Florida Tax Watch report, requested by Representative Mayfield, "An Analysis <br />of the Florida Municipal Power Agency Audit": "Members should be able to exit with <br />reasonable and predictable exit costs to best serve their customers." <br />Indian River would support the efforts of the Joint Legislative Auditing Committee to seek the <br />implementation of the five actions outlined in the Florida Tax Watch report, "necessary to <br />make sure FMPA member municipalities receive cost-effective power generation and <br />services." We believe a necessary first step would be to obtain a valuation of both FMPA's <br />generation assets and of FMPA as an ongoing business. <br />We understand this is a complicated and difficult issue and are therefore very appreciative of all <br />your efforts as you work to refocus FMPA's efforts from serving the FMPA bureaucracy to <br />serving the needs of our citizens. Please let us know if there is anything we can do to help you <br />and the JLAC committee as you move forward with this matter. <br />Sincerely, <br />Wesley S. Davis <br />Chairman <br />WSD:mip <br />cc: Joint Legislative Auditing Committee <br />1801 27th Street, Building A <br />Vero Beach, FL 32960 <br />(772) 226-1490 <br />