HomeMy WebLinkAbout2014-026RESOLUTION NO. 2014- 0 2 6
A RESOLUTION OF THE BOARD OF COUNTY
COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA,
REITERATING ITS SUPPORT OF THE SALE OF THE CITY
OF VERO BEACH ELECTRIC UTILITY BY THE CITY OF
VERO BEACH TO FLORIDA POWER & LIGHT COMPANY;
DIRECTING COPIES OF THIS RESOLUTION TO BE
PROVIDED TO APPROPRIATE PARTIES.
WHEREAS, on November 3, 19813 the Florida Public Service Commission approved a
Territorial Agreement between the City of Vero Beach (the "City") and Florida Power & Light
("FPL") which established electric service areas for the City and FPL in Indian River County.
Specifically, the electric service area for the City was defined to include the City itself, the Town
of Indian River Shores, the south barrier island, and other unincorporated areas of the County,
and the service area for FPL was defined to include all other areas of the County; and
WHEREAS, approximately 61 % of the City's present customers reside outside the City
of Vero Beach. The City has approximately 34,000 total customers, of which approximately
21,000 are non-resident customers. This percentage of non-resident customers (61%) is believed
to be the highest percentage of any municipal electric system in Florida; and
WHEREAS, Indian River County, as well as several other taxing bodies such as the
Town of Indian River Shores, the Indian River County School Board and the Indian River
County Hospital District, are customers of the City electric system and as such pay higher City
rates. These increased costs result in higher taxes being imposed on Indian River County
taxpayers; and
WHEREAS, the City and FPL have entered into an agreement for the City to sell the
City's electric utty to an
WHEREAS, on March 11, 2014, a representative from FPL explained to the Indiari
River County Board of County Commissioners (the "Board") that as a result of additional
negotiations and discussions with the Florida Municipal Power Agency ("FMPA") that FPL
would agree to pay FMPA $26 million and that an additional $26 million would be paid to
FMPA by the present customers of the City of Vero Beach electric utility over an approximately
three year period; and
WHEREAS, even with such an additional charge to the customer, the overall savings to
the electric utility customer would be substantial; and
WHEREAS, at the March 11, 2014 meeting, the FPL representative stated that FPL
would honor all of its obligations under the contract between the City and FPL; and
WHEREAS, the Board, as the elected representative of all residents of Indian River
County, including, those customers of the City's electric utility whose residence or business is
located outside of the City limits, has consistently supported the sale of the City's electric utility
to FPL, having previously adopted supporting resolutions on several occasions and now
reiterates its support of the sale by the City to FPL as outlined above; and
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RESOLUTION N0.2014- o2 6
WHEREAS, just as the end of law ought to be the welfare of the people, the end of
agencies and bureaucracies such as the FMPA ought to be to serve the people, and
WHEREAS, the people of the City of Vero Beach have on numerous occasions shown
that they wish their electric needs be provided with rates comparable to FPL, and
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF, COUNTY
COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA THAT:
1. Position of the Board. The Indian River County Board of County
Commissioners hereby reiterates its support of the sale of the City of Vero Beach's electric
utility by the City of Vero Beach to Florida Power & Light ("FPL"), including the $26 million
payment from FPL to the Florida Municipal Power Agency ("FMPA") and the additional $26
million to be paid to FMPA by the present customers of the City of Vero Beach electric utility
over an approximately three year period.
2. A certified copy of this resolution shall be provided to the City and FMPA.
The foregoing resolution was moved for adoption by Commissioner Solari ,and
motion was seconded by Commissioner F l e s c h e r and, upon being put to a vote, the vote
was, as follows:
Chairman Peter D. O'Bryan Aye
Vice Chairman Wesley S. Davis A,VLz
Commissioner Joseph E. Flescher Aye
Commissioner Bob Solari Aye
Commissioner Tim Zorc Aye
The Chairman thereupon declared the resolution duly passed and adopted this 18th day
of March, 2014.
ATTEST: Jeffrey R. Smith, Clerk of Court BOARD OF COUNTY COMMISSIONERS
and Comptroller OF IND N RIVER COUNTY, FLORIDA
)A � 1 0014
By:
Deputy Clerk
By:7,E"%X44 v J
Peter D. O'Bryan,
BCC approval date: March 18 , 2014
Approved as to form and legal sufficiency:
ylan Reingold, County Attorney
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