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HomeMy WebLinkAbout2015-132Is RESOLUTION NO. 2015-132 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, URGING THE FLORIDA LEGISLATURE TO ADOPT AND THE GOVERNOR RICK SCOTT TO SUPPORT HOUSE BILL 579 AND SENATE BILL 840 REGULATING MUNICIPAL POWER; AND DIRECTING CERTIFIED COPIES OF THIS RESOLUTION TO BE PROVIDED TO VARIOUS OFFICIALS. WHEREAS, The Florida Municipal Power Agency is a Joint Use Action Agency created pursuant to a series of interlocal agreements with Florida municipalities to finance, acquire, contract, manage, and operate its own electric power projects or jointly accomplish the same purposes with other public or private utilities, and WHEREAS, The Florida Municipal Power Agency is governed by a Board of Directors, with one Board member appointed by each member municipality. The Board decides all issues ' concerning each project except for the All Requirements Project. The All Requirements Project is governed by an Executive Committee, with each All Requirements Project member municipality that purchases power from the project appointing one Executive Committee member, and WHEREAS, most of those who serve on the Board of Directors and the Executive Committee are not elected by the voters of the communities to which the Florida 'Municipal Power Agency serves; and WHEREAS, the Joint Legislative Auditing Committee received Report No. 2015-165 on March 30, 2015, regarding the Florida Municipal Power Agency, which contains findings and recommendations, and WHEREAS, many of the Florida Municipal Power Agency's hedging activities were found to be inconsistent with other joint use action agencies, leading to net losses of $247.6 million over the past 12 fiscal years, and WHEREAS, several of the Florida Municipal Power Agency's personnel and payroll administration activities may negatively affect future rates, including the Chief Executive Officer's employment contract providing for severance pay and lifetime benefits even if employment is terminated for cause, and WHEREAS, the Florida Municipal Power Agency did not consistently follow its own procurement and competitive selection policies, one of which may increase the cost of bond issues, and Page 1 of 3 RESOLUTION NO. 2015-132 WHEREAS, the Florida Municipal Power Agency's All Requirements Project agreement to curtail peak -shaving activities are primarily voluntary, rely on self -reporting, and contain no penalties for noncompliance, and WHEREAS, certain of the All Requirements Project 'contract provisions relating to withdrawing members are ambiguous, use a fixed discount rate rather than one based on current capital costs, and do not provide for independent verification by a withdrawing member, and WHEREAS, even though the Florida Municipal Power Agency is a governmental entity, many of the laws that apply to local governments do not apply to the agency, and WHEREAS, the Florida Municipal Power Agency is not subject to any rate -setting authority, including the Public Service Commission, and WHEREAS, elected officials who support transparency and accountability in government, including governmental agencies, serve their constituencies well; and WHEREAS, elected officials have a fiduciary duty to those they serve to understand the value of the assets and liabilities for which they are responsible; and WHEREAS, House Bill 579 and Senate Bill 840 have been introduced to promote transparency, consistency, and public understanding and confidence in the operation of the Florida Municipal Power Agency by the member municipalities and the public, including those electric ratepayers who are not residents of the municipality supplying electric power but who are subject to a municipality that is receiving power from the Florida Municipal Power Agency, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, THAT: Section 1. The above "WHEREAS" clauses are true and correct, and are hereby adopted as findings of the Board. Section 2. The Board urges the State Administration and the Florida Legislature to support House Bill 579 and Senate Bill 840 which provide much needed regulation of municipal power. Section 3. A certified copy of this resolution shall be provided to the Governor Rick Scott, the Speaker of the House, the President of the Senate and the Indian River County Legislative Delegation. The foregoing resolution was moved for adoption by Commissioner Flescher, and seconded by Commissioner Davis, and, upon being put to a vote, the vote was as follows: Chairman Bob Solari aye Vice -Chairman Joseph E. Flescher aye Page 2 of 3 RESOLUTION NO. 2015-132 Commissioner Wesley S. Davis aye Commissioner Peter D. O'Bryan aye Commissioner Tim Zorc aye The Chairman thereupon declared the resolution duly passed and adopted this 17th day of November, 2015. ATTEST: Jeffrey R. Smith, Clerk of Circuit BOARD OF COUNTY COMMISSIONERS OF Court and Comptroller INDIAN RIVER COUNTY, FLORIDA By: (�a� Qu-- By: Deputy Clerk Bob Solari, Chairman t ��� �OAtA��sso• J ; • •• ! y•, BCC approval date: November 17, 2015 Approved as to form and legal sufficiency: i pp g Y: .•% �; p �• •'� ERCOUNr' •f •'••........+•• By: ylan Reingold, County Attorney Page 3 of 3