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HomeMy WebLinkAbout06/21/2022fib.. FLORI�i BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY FLORIDA COMMISSION AGENDA TUESDAY, JUNE 21, 2022 - 9:00 AM Commission Chambers Indian River County Administration Complex 180127th Street, Building A Vero Beach, Florida, 32960-3388 www.ircgov.com COUNTY COMMISSIONERS Peter O'Bryan, Chairman, District 4 Jason E. Brown, County Administrator Joseph H. Earman, Vice Chairman, District 3 Dylan Reingold, County Attorney Susan Adams, District 1 Jeffrey R. Smith, Clerk of the Circuit Court and Comptroller Joseph Flescher, District 2 Laura Moss, District 5 1. CALL TO ORDER 2.A. A MOMENT OF SILENT REFLECTION FOR FIRST RESPONDERS AND MEMBERS OF THE ARMED FORCES 2.B. INVOCATION Pastor Randy Bryant, Ryanwood Fellowship Church 3. PLEDGE OF ALLEGIANCE Commissioner Joseph H. Earman, Vice Chairman 4. ADDITIONS/DELETIONS TO THE AGENDA / EMERGENCY ITEMS 5. PROCLAMATIONS and PRESENTATIONS 5.A. Presentation of Proclamation Honoring Frank LoMonaco on his Retirement from the Indian River County Sheriffs Office Attachments: Proclamation 5.11. Presentation of Proclamation Honoring Lori Bloom on Her Retirement from the Office of the Indian River County Tax Collector with 33 Years of Service Attachments: Proclamation 5.C. Presentation of Proclamation Recognizing July, 2022, as Parks. & Recreation Month and July 15th as Parks & Recreation Professionals' Day Attachments: Proclamation June 21, 2022 Page I of 6 6. APPROVAL OF MINUTES 7. INFORMATION ITEMS FROM STAFF OR COMMISSIONERS NOT REQUIRING BOARD ACTION 7.A. Presentation of Proclamation Honoring Lonn David Benham on His Retirement From Indian River County Board of County Commissioners Department of Emergency Services Fire Rescue Division with Thirty -One Years of Service Attachments: Proclamation 7.B. SWDD Closures and Collection Service Changes for the 4th of July Holiday Attachments: Staff Report 7.C. Indian River County Venue Event Calendar Review Attachments: Event Calendar 7.D. Florida Public Service Commission PAA Order PSC -2022 -0203 -PAA -EQ. Approving FPL's amended standard offer contract and rate schedule; if no protest, order to become final and effective on issuance of a CO; if order becomes final, docket to be closed; protest due by 6/30/22, a copy is on file in the Office of the Clerk to the Board. 8. CONSENT AGENDA 8.A. Quarterly Investment Report for Quarter Ending 3/31/2022 Attachments: FINANCE DEPARTMENT STAFF REPORT 8.B. Quarterly OPEB Trust Report for Quarter Ending 03/31/2022 Attachments: FINANCE DEPARTMENT STAFF REPORT 8.C. Traffic Education Fund Quarterly Report 3/31/2022 Attachments: FINANCE DEPARTMENT STAFF REPORT S.D. Quarterly Tourist Development Tax Report for Quarter Ending 03/31/2022 Attachments: Finance Department Staff Report 8.E. Approval of a Scope of Services with the Center for Transportation Research for the 2023 Transit Development Plan (TDP) Major Update Attachments: Staff Report TDP Scope of Services 8.F. Designation of Excess Equipment as Surplus and Authorization for Disposal and Reactivation of Asset 24738 Attachments: Staff Report Excess List for 062122 June 21, 2022 Page 2 of 6 8.G. Miscellaneous Budget Amendment 006 Attachments: Staff Report 2021 2022 Resolution Exhibit "A" 8.H. Winter Beach Tower Lease Amendment Attachments: Staff Report Third Amendment Site Plan 8.I. Resolutions Delegating the Authority to the County Administrator or his Designee to Call Letters of Credit and to Act on Behalf of Indian River County during the Time Frames of July 13, 2022, through and including August 15, 2022 and August 17, 2022, through and including September 12, 2022 Attachments: Staff Report 2022 RESO delegating auth admin break 1 2022 RESO delegating auth admin break 2 S.J. Work Order No. 4 - Andersen Andre Consulting Engineers, Inc., IRC -1639 - 69th Street From 66th Ave. to SR/US1, Resurfacing Construction Materials Testing Services Attachments: Staff Report Work Order No. 4 & Scope 8.K. 11th Drive Project Construction Inspection Cost Share Approval Attachments: Staff Report Russell-Moler Construction Services Contract 8.L. Authorizing Resolution to Delegate Signature Authority for Grant Applications to Various Agencies Attachments: Staff Report Authorizing Resolution for Grant Applications 9. CONSTITUTIONAL OFFICERS and GOVERNMENTAL AGENCIES 10. PUBLIC ITEMS A. PUBLIC HEARINGS June 21, 2022 Page 3 of 6 10.A.1. Consideration of the Disposition of County Owned Surplus Properties for Affordable Housing Attachments: Staff Report Section 125.379 Florida Statute List Map and Aerial Draft Resolution B. PUBLIC DISCUSSION ITEMS 10.13.1. Request to Speak from Savanna Randle, VLE Re: To Make Vero Lake Estates a Golf Cart Community Attachments: Request to Speak Randle C. PUBLIC NOTICE ITEMS 10.C.1. Notice of Public Hearing Scheduled for July 5, 2022 Board Meeting for an LDR Amendment Modifying the Criteria for Accessory Dwelling Units Attachments: Staff Report 11. COUNTY ADMINISTRATOR MATTERS I.I.A. Executive Session to Discuss IAFF Negotiations Attachments: Staff Report Executive Session IAFF 12. DEPARTMENTAL MATTERS A. Community Development B. Emergency Services C. General Services D. Human Resources E. Information Technology F. Office of Management and Budget G. Public Works H. Utilities Services 13. COUNTY ATTORNEY MATTERS 13.A. FDOT Agreement for Brightline Improvements and Brightline Subrecipient Agreement Attachments: Staff Report Indian River County 55.039 Project (final for execution) Brightline Subrecipient Agreement 14. COMMISSIONERS MATTERS June 21, 2022 Page 4 of 6 A. Commissioner Peter D. O'Bryan, Chairman B. Commissioner Joseph H. Earman, Vice Chairman C. Commissioner Susan Adams D. Commissioner Joseph E. Flescher E. Commissioner Laura Moss 15. SPECIAL DISTRICTS AND BOARDS A. Emergency Services District 15.A.1. Approval of Second Renewal of Second Amendment of Property Lease for Temporary Location of Fire Station #7 Attachments: Staff Report Second Renewal of Second Amendment Lease B. Solid Waste Disposal District 15.11.1. Approval of FY 2023 CPI Adjustment Request by Waste Management for Franchise Agreement Attachments: Staff Report Rate Adjustment Letter from WM C. Environmental Control Board 16. ADJOURNMENT Except for those matters specifically exempted under the State Statute and Local Ordinance, the Board shall provide an opportunity for public comment prior to the undertaking by the Board of any action on the agenda, including those matters on the Consent Agenda. Public comment shall also be heard on any proposition which the Board is to take action which was either not on the Board agenda or distributed to the public prior to the commencement of the meeting. Anyone who may wish to appeal any decision which may be made at this meeting will need to ensure that a verbatim record of the proceedings is made which includes the testimony and evidence upon which the appeal will be based. Anyone who needs a special accommodation for this meeting may contact the County's Americans with Disabilities Act (ADA) Coordinator at (772) 226-1223 at least 48 hours in advance of meeting. Anyone who needs special accommodation with a hearing aid for this meeting may contact the Board of County Commission Office at 772-226-1490 at least 20 hours in advance of the meeting. The full agenda is available on line at the Indian River County Website at www.irc og v.com The full agenda is also available for review in the Board of County Commission Office, the Indian River County Main Library, and the North County Library. June 21, 2022 Page 5 of 6 Commission Meetings are broadcast live on Comcast Cable Channel 27 Rebroadcasts continuously with the following proposed schedule: Tuesday at 6:00 p.m. until Wednesday at 6:00 a.m., Wednesday at 9:00 a.m. until 5:00 p.m., Thursday at 1:00 p.m. through Friday Morning, and Saturday at 12:00 Noon to 5:00 p.m. June 21, 2022 Page 6 of 6 S4 Proclamation HONORING FRANK LOMONACO ON HIS RETIREMENT FROM THE INDIAN RIVER COUNTY SHERIFF'S OFFICE -Whereas, Lieutenant Frank LoMonaco is retiring from the Indian River County Sheriff's Office, effective June 30, 2022; and ^W erects, Frank began his journey in law enforcement in 1991 and has served with distinction for nearly thirty years, working diligently under four sheriffs to protect and serve the citizens of Indian River County and the State of Florida; and -Whereas, Frank began his career as a law enforcement deputy but spent the majority of his calling in the field of corrections; and ^W ereas, Frank's many years of experience, demonstrated ability for leadership, and irreproachable professionalism duly resulted in his promotion to the rank of lieutenant; and ^W ereas, over his tenure, Frank received many acknowledgements and commendations for his efforts, including the Exceptional Duty, Tactical, and Going the Extra Mile Awards, and multiple honors for his lifesaving efforts; and _W&reas, Frank's remarkable dedication to his profession has earned him the appreciation of Sheriff Flowers and all those who have had the pleasure of working with him. wow, r erefore, be it Proclaimed by the Boardof County Commissioners of Indian River County, FCorida, that the Board lauds the contributions Lieutenant Frank LoMonaco has made to the citizens of Indian River County during his highly -successful law enforcement career and wishes him a happy and prosperous retirement. Adopted this 21 st day of June, 2022. BOARD OF COUNTY COMMISSIONERS, INDIAN RIVER COUNTY, FLORIDA Peter D. O'Bryan, Chairman Joseph H. Earman, Vice Chairman Susan Adams Joseph E. Flescher Laura Moss 1 Proclamation HONORING LORI BLOOM ON HER RETIREMENT FROM THE INDIAN RIVER COUNTY OFFICE OF THE TAX COLLECTOR WITH 33 YEARS OF SERVICE -Whereas, Lori retires from the County Tax Collector's Office effective July 1, 2022; and -Whereas, Lori began her career of public service with the Broward County Revenue Collector's Office in July of 1989 before joining the Indian River County Tax Collector's Office on January 2, 1997, starting as a Customer Service Representative and finishing as Director of Motor Services/CWL Operations; and -Whereas, Lori's extensive experience and knowledge, accented with integrity, dedication, and a wonderful sense of humor, has earned praise from current and former Tax Collectors and her co-workers; and -Whereas, she has been lauded by Tax Collector Carole Jean Jordan, who stated, "Over 33 years in Motorist Services, Lori went from handwritten work to the most modern software available. When we implemented Driver License Services, Lori jumped in and quickly took the lead on staff training, then carried the same enthusiasm into our Concealed Weapon License program. Lori Bloom was my secret weapon in the Tax Collector's Office, fully capable of calmly and efficiently handling the most enormous motor vehicle problems or any other challenge. Lori is one of the strongest women I know, overcoming a lifetime of tragedies and becoming stronger from them. She leaves us early to experience new adventures, advance her horizons, and hopefully see the world, and we wish that all her wildest dreams are fulfilled"; and -Whereas, Lori has been commended by former Tax Collector Charles W. Sembler, who remarked, "It was a pleasure to work with Lori. She was an outstanding public servant and Ryanwood branch coordinator with a thirst for knowledge regarding the intricacies of Florida law. Her positive attitude, integrity, quick wit, and adaptability were put to good use every day and will be missed at the Tax Collector's Office"; and -Whereas, Lori is held in high esteem by former Assistant Tax Collector Jeff Smith, who stated, "I had the pleasure of working with Lori for over 8 years and I can without a doubt say that it was an experience, albeit a great one! She kept everyone focused and had the right answer to almost any situation dealing with DHSMV. Lori managed the transition to our current office on 82nd Avenue, where she was instrumental in working with the contractor to develop the office layout, making sure everything was as it should be"; and -Whereas, Lori was recognized by former Tax Collector Karl Zimmermann, who affirmed, "Lori Bloom, a dedicated employee and team player with outstanding customer commitment and exceptional knowledge. She assisted me several times with challenges as a client. Job well done, enjoy retirement, you will be missed!" Now, Therefore, be it Proclaimed by the Board of County Commissioners of Indian River County, Florida, that the Board applauds Lori's myriad accomplishments, expresses its appreciation for 33 years of dedicated service to Indian River County, and extends heartfelt wishes for future success. Adopted this 21st day of June, 2022. BOARD OF COUNTY COMMISSIONERS, INDIAN RIVER COUNTY, FLORIDA Peter D. O'Bryan, C12irman Proclamation RECOGNIZING JULY, 2022, AS PARKS & RECREATION MONTH AND JULY 15th AS PARKS & RECREATION PROFESSIONALS' DAY -Whereas, in 1985, the U.S House of Representatives designated July as Parks and Recreation Month, and this year we celebrate its 37th anniversary in the state of Florida and nationwide; and -Whereas, County Parks and Conservation Areas are aesthetically pleasing, preserve the ecological beauty of our community, improve water quality, protect groundwater, prevent flooding, improve air quality, and provide open green spaces for people and valuable habitat for wildlife; and "W ereas, Indian River County is fortunate to have many beautiful parks, playgrounds, ball fields, golf courses, swimming facilities, nature trails, beaches, fairgrounds, campgrounds, intergenerational recreational facilities, a shooting range, and open spaces, making our community a more attractive and desirable place to live, work and play, and contributing to our economic vitality by enhancing property values and attracting visitors and recreational events; and -Whereas, the Board of County Commissioners values the essential services that parks and recreation professionals and volunteers perform in delivering the vital recreational activities that build a healthy, active community, aid in the prevention of chronic disease, and improve the mental and emotional health of all our citizens. Naw, Therefore, be it Proclaimed by the Board of County Commissioners of Indian River County, Flork" that the Board recognizes July as Parks and Recreation Month and July 15th as Parks and Recreation Professionals Day, and encourages all citizens to participate in the diverse activities offered in Indian River County and to reflect on the exponential value our parks and recreation professionals bring to this community. Adopted this 21st day of June, 2022. BOARD OF COUNTY COMMISSIONERS, INDIAN RIVER COUNTY, FLORIDA Peter D. O'Bryan, Chairman Joseph H. Earman, Vice Chairman Susan Adams Joseph E. Flescher Laura Moss 3 74 PROCLAMATION HONORING LONN DAVID BENHAM ON HIS RETIREMENT FROM THE INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS DEPARTMENT OF EMERGENCY SERVICES FIRE RESCUE DIVISION WHEREAS, Lonn Benham retires from the Indian River County Department of Emergency Services Fire Rescue Division effective June 30, 2022; and WHEREAS, Lonn was hired as a Firefighter on October 2, 1990 and obtained his EMT certification the following month; and, WHEREAS, Lonn achieved his Open Water Diver certification on September 27, 1991 and by March 8, 1996 was promoted to Driver/Engineer; and, WHEREAS, Lonn earned his Paramedic designation on March 21, 2001 and was promoted to Lieutenant on July 6, 2001; and, WHEREAS, in 2013, Lonn rose to the status of Captain on May 10' and soon was honored with the position of Battalion Chief on July 26, 2013 in which capacity he has served until his retirement. NOW, THEREFORE, BE IT PROCLAIMED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that the Board applauds Lonn Benham's efforts on behalf of the County, and the Board wishes to express their appreciation for the exemplary service he has given to Indian River County for the last thirty-one years; and BE IT FURTHER PROCLAIMED that the Board of County Commissioners and staff extend their heartfelt wishes for success in his future endeavors! Adopted this June 21, 2022. BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA Peter D. O'Bryan, Chairman 0 7 Informational Item Indian River County, Florida Solid Waste Disposal District Board Memorandum Date: June 3, 2022 To: Jason E. Brown, County Administrator From: Sean C. Lieske, Director of Utility Services Thru: Himanshu H. Mehta, PE, Managing Director, Solid Waste Disposal District (SWDD) Prepared By: Susan Flak, Recycling Education and Marketing Coordinator, SWDD Subject: SWDD Closures and Collection Service Changes for the 4th of July Holiday In observance of the 4th of July Holiday, the Main County Landfill and the five Customer Convenience Centers will be closed on Monday, July 4, 2022. In addition, there will be no residential curbside services for recycling, garbage, or yard waste on that day. The chart below provides information regarding collection services in unincorporated county and the municipalities. For more information, residents may visit the Solid Waste Disposal District website at: https://ircgov.com/recyclingandgarbage/. Unincorporated IRC[::Zogernent v�resr� a"sig yon�day. will be serviced on Tuesday, lul; City of Fe(lsmere will be se-viced on Wednesday July l continue though Saturday. Ifstiori regaro+ing your service svheduie o gement at 569-1776. City of Sebastian If you are a Monday customer, your garbage will serviced on Wednesday, July 6th, and your yard wa be serviced the following Monday, July 11th. if you have questions regording your service schedule please call Waste Management at 569-1776. City of Vero Beach If you are a Monday customer, your garbage will be serviced next scheduled service day (Thurs. July if you have questions regarding your service schedule please call the City of A Solid Waste Division at 978-53 Town of Orchid If you are a Monday customer your garbage will be serviced next scheduled service day (Thurs. July 711,). 1 you have any questions regarding your service schedule, pb the Waste Pro at 595-9390. Indian River Shores if you are a Monday customer, your garbage will be serviced next scheduled service day (Thurs. July T"). if you have questions regarding your service schedule please call Republic Services at 562-6620. SWDD Agenda - Page 1-5 Indian River County Venue Event Calendar For more information go to www.ircgov.com - Event Calendar Youth Flag Football Registration May 2- Aug 12. Season Starts Sept. 17 -Nov. 5 • Ages 4-14. $45 per Child ➢ Make friends, stay active, have fun! ➢ Register by calling 772-226-1780 Intermediate Handgun Training Course Jun 25 @ IRC Shooting Range • 10455 102nd Terrace • Sebastian • 1 pm-5pm. Cost $150 per person. ➢ Sheepdog Security Consulting is holding an Intermediate Handgun Training Course at the IRC Shooting Range. A concealed carry permit is required! People can register/ask questions by emailing sheepdogvero@gmail.com. Vero Beach Gun Show Jun 25-26 @ IRC Fairgrounds • 7955 58`h Avenue • SAT 9am-5pm and SUN 10am-4pm. Admission $8 ➢ Buy, sell, and trade guns/related items. Healthy Southern Cuisine with Chef Warren Caterson Jun 28 @ Brackett Library • 6155 College Lane • 6pm-7pm. Free Event! ➢ Retain the flavor while reducing the fat and salt! Learn how to transform traditional southern dishes into healthier ones without losing their essence with these simple hints and tips. This program is free and open to all. No registration is required. Let's Get Cooking with Chef Warren Caterson! (Children's Program) Jun 29 @ Brackett Library • 6155 College Lane • 6pm-7pm. Free Event! ➢ Children ages five -ten years old will learn all about good nutrition, basic kitchen safety, and easy cooking techniques. Everyone goes home with recipes that they can start making that night! This is a free program and all are welcome! No registration is required. Family Movie and Game Night Jul 2 @ iG Center • 1590 91h Street SW (Oslo Road) • 5:30-9 pm. Free Event! ➢ Come to the iG Center for a Family Movie and Game Night! Games start at 5:30pm and the movie will begin at 6:30. There will be raffles, games, and a costume contest! Come dressed as your favorite superhero! Murder Mystery Dinner Jul 21 @ IRC Main Library • 1600 21st Street • 5:30-6:30 pm. Free Event! ➢ Be prepared to find out which guest is the killer, all while enjoying a delicious spaghetti dinner. Teens only, grades 6-12. Face covering encouraged. Meet Community Helpers! Jul 21 @ North IRC Library • 1001 Sebastian Blvd • Sebastian • 10:30-11:30 am. Free Event! ➢ Families are invited to attend and meet our local heroes from various community organizations! Face covering are encouraged. Registration is not required. Children's Special Guest: Environmental Learning Center Jul 22 @ IRC Main Library • 1600 21st Street • 10:30-11:30 am. Free Event! ➢ Learn all about the plant and animal life of the Indian River Lagoon and how you can help to protect it. Busch Wildlife Center Live Animal Show Jul 29 @ IRC Main Library • 1600 21st Street • 10:30-11:30 am. Free Event! ➢ Don't miss your chance to meet some of the wildlife in our own backyard! Face coverings are encouraged. Registration is not required. Ongoing Programs Free Senior Wellness Program • Mon • Wed • Fri • Drop Ins Welcome 10am-12pm •@ iG Center • 1590 9th Street SW (Oslo Road) ➢ This FREE program is geared for 55+ Adults and introduces park -based activities that increases social activity within the Senior Community of Indian River County. Mat Pilates • Total Body Sculpting • Yoga Lates • Up -Beat Active Adult Boxing Class • Pickleball Open Gym • Community Game Day • Gentle Yoga • Stretch & Flex • Coloring & Coffee Call for more information 772-226-1780 or Go to ircgov.com/parksandrecreation for more info! 7 1 a a -�soo 117 FILED 6/9/2022 DOCUMENT NO. 03606-2022 FPSC - COMMISSION CLERK BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION In re: Petition for approval of revised standard DOCKET NO. 20220072 -EQ offer contract and a revised accompanying rate ORDER NO. PSC -2022 -0203 -PAA -EQ schedule QS -2, by Florida Power & Light ISSUED: Tune 9, 2022 Company. The following Commissioners participated in the disposition of this matter: ANDREW GILES FAY, Chairman ART GRAHAM GARY F. CLARK MIKE LA ROSA GABRIELLA PASSIDOMO NOTICE OF PROPOSED AGENCY ACTION ORDER APPROVING FLORIDA POWER & LIGHT COMPANY'S AMENDED STANDARD OFFER CONTRACT AND RATE SCHEDULE BY THE COMMISSION: NOTICE is hereby given by the Florida Public Service Commission that the action discussed herein is preliminary in nature and will become final unless a person whose interests are substantially affected files a petition for a formal proceeding, pursuant to Rule 25-22.029, Florida Administrative Code (F.A.C.). Background Section 366.91(3), Florida Statutes (F.S.), requires each investor-owned utility (IOU) to continuously offer to purchase capacity and energy from renewable generating facilities and small qualifying facilities. Florida Public Service Commission (Commission) Rules 25-17.200 through 25-17.31.0, :F.A.C., implement the statute and require each IOU to file with the Commission, by April 1 of each year, a revised standard offer contract based on the next avoidable fossil -fueled generating unit of each technology type identified in the utility's current Ten -Year Site Plan (TYSP). On April 1, 2022, Florida Power & Light Company (FPL) filed a petition for approval of its amended standard offer contract based on its 2022 TYSP. We have jurisdiction over this amended standard offer contract pursuant to Sections 366.04 through 366.055, and 366.91, F.S. Review and Decision Section 366.91(3), F.S., and Rule 25-17.250, F.A.C., require that FPL, an IOU continuously make available a standard offer contract for the purchase of firm capacity and 17-t ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 2 energy from renewable generating facilities (RF) and small qualifying facilities (QF) with design capacities of 100 kilowatts (kW) or less. Pursuant to Rules 25-17.250(1) and (3), F.A.C., the standard offer contract must provide a term of at least 10 years, and the payment terms must be based on the utility's next avoidable fossil -fueled generating unit identified in its most recent TYSP, or if no avoided unit is identified, its next avoidable planned purchase. While FPL's 2022 TYSP does not feature an avoidable fossil -fueled generating unit or planned purchases that could be deferred during the planning period, FPL has identified a 1,991 megawatt (MW) combined cycle with a projected in-service date of June 1, 2032 as the next avoidable planned generating unit. FPL submitted two planning scenarios for its 2022 TYSP; and, the avoided unit is identical in both scenarios.' We have previously approved using a unit outside of the TYSP planning period as the avoided unit for standard offer contract purposes.2 Under FPL's standard offer contract, the RF/QF operator commits to certain minimum performance requirements based on the identified avoided unit, such as being operational and delivering an agreed upon amount of capacity by the in-service date of the avoided unit, and thereby becomes eligible for capacity payments in addition to payments received for energy. The standard offer contract may also serve as a starting point for negotiation of contract terms by providing payment information to an RF/QF operator, in a situation where one or both parties desire particular contract terms other than those established in the standard offer. In order to promote renewable generation, we require the IOU to offer multiple options for capacity payments, including the options to receive early or levelized payments. If the RF/QF operator elects to receive capacity payments under the normal or levelized contract options, it will receive as -available energy payments only until the in-service date of the avoided unit (in this case June 1, 2032), and thereafter, begin receiving capacity payments in addition to firm energy payments. If either the early or early levelized option is selected, then the operator will begin receiving capacity payments earlier than the in-service date of the avoided unit. However, payments made under the early capacity payment options tend to be lower in the later years of the contract term because the net present value (NPV) of the total payments must remain equal for all contract payment options. Table 1 contains FPL's estimates of the annual payments for each payment option available under the revised standard offer contract to an operator with a 50 MW facility operating at a capacity factor of 94 percent, which is the minimum capacity factor required under TPL's 2022 TYSP contains two scenarios, the Recommended scenario and the Business as Usual (BAU) scenario. The Recommended scenario uses a novel methodology for forecasting winter peak demand based on potential extreme winter weather events. The BAU scenario uses the same methodology as FPL's prior TYSPs for forecasting winter peak demand. FPL also submitted alternative versions of each of these scenarios assuming the passage of new federal tax credits for batteries and solar for informational purposes only. 'See Order No. PSC -2018 -0316 -PAA -EQ, issued June 20, 2018, in Docket No. 20180083 -EQ, In re: Petition for approval of renewable energy tariff and standard offer contract, by Florida Power & Light Company; Order No. PSC -2020 -0212 -PAA -EQ, issued June 26, 2020, in Docket No. 20200114 -EQ, In re: Florida Power & Light Company's Petition for Approval of a Renewable Energy Tariff and Standard Offer Contract; and Order No. PSC - 2020 -0213 -PAA -EQ, issued June 26, 2020, in Docket No. 20200115 -EQ, In re: Petition for approval of new standard offer for purchase of firm capacity and energy from renewable energy facilities or small qualifying facilities and rate schedule QS -2, by Gulf Power Company. M11 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 3 the contract to qualify for full capacity payments. Normal and levelized capacity payments begin with the projected in-service date of the avoided unit (June 1, 2032) and continue for 10 years, while early and early levelized capacity payments begin four years prior to the in-service date, or 2028 for this example. Table 1 Estimated Annual Payments to a 50 MW Renewable Facility (94% Capacitv Factor) Year Energy Payment Capacity Payment Normal Levelized Early Early Levelize I $(0 0 $ 000 $ 000 $(000) $ 000 2023 10,849 - - - - 2024 8,776 - - - - 2025 8,929 - - - - 2026 9,196 - - - - 2027 8,917 - - - - 2028 9,389 - - 1,211 1,358 2029 10,160 - - 2,102 2,328 2030 10,595 - - 2,146 2,328 2031 10,861 - - 2,191 2,328 2032 10,409 2,064 2,243 2,237 2,328 2033 9,958 3,582 3,845 2,284 2,328 2034 10,230 3,657 3,845 2,332 2,328 2035 10,527 3,734 3,845 2,381 2,328 2036 10,854 3,812 3,845 2,431 2,328 2037 11,023 3,893 3,845 2,483 2,328 2038 11,271 3,975 3,845 2,535 2,328 2039 11,445 4,058 3,845 2,588 2,328 2040 11,675 4,144 3,845 2,643 2,328 2041 11,743 4,231 3,845 2,698 2,328 2042 11,842 1,778 1,602 1,134 970 Total 208,651 38,927 38,450 33,396 32,599 Total PV 103,307 13,382 13,382 13,382 13,382 Source: Response to Staff's First Data Request FPL's standard offer contract, in type -and -strike format, is included as Attachment A to this recommendation. The changes made to FPL's tariff sheets are consistent with the updated avoided unit. Revisions include updates to calendar dates and payment information which reflect the current economic and financial assumptions for the avoided unit. In addition, the language in Section 15, Sheet No. 9.042, which addresses insurance, has been updated. The current language requires insurance with a minimum limit of one million dollars per occurrence. The new language requires that, in addition to the one million, the QF insurance shall have a two million 3Document No. 02718-2022, filed April 29, 2022, in Docket No. 20220072 -EQ. "l-3 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 4 dollar combined aggregate limit for bodily injury or property damage. In response to our staff's data request, FPL states that the proposed change aligns with current market conditions and is similar to other utilities.4 For customer -owned net metering interconnections, Rule 25- 6.065(5)(e), F.A.C., allows for up to $2 million in liability insurance for Tier 3 (100 kW to 2 MW) installations. We find that the change to the language in Section 15 is reasonable and consistent with other approved utility standard offer contracts and net metering standards. The provisions of FPL's renewable energy tariff and amended standard offer contract conform to the requirements of Rules 25-17.200 through 25-17.310, F.A.C. The amended standard offer contract offers multiple payment options so that a developer of renewable generation may select the payment stream best suited to its financial needs. Based on the foregoing, it is ORDERED by the Florida Public Service Commission that the amended standard offer contract and associated rate schedule QS -2 filed by Florida Power & Light Company are hereby approved. It is further ORDERED that the provisions of this Order, issued as proposed agency action, shall become final and effective upon the issuance of a Consummating Order unless an appropriate petition, in the form provided by Rule 28-106.201, Florida Administrative Code, is received by the Commission Clerk, 2540 Shumard Oak Boulevard, Tallahassee, Florida 32399-0850, by the close of business on the date set forth in the "Notice of Further Proceedings" attached hereto. Potential signatories should be aware that, if a timely protest is filed, FPL's standard offer contract may subsequently be revised. It is further ORDERED that in the event this Order becomes final, this docket shall be closed. 4 Duke Energy Florida, LLC's standard offer contract increased liability insurance requirements to $5 million as of 2014. See Order PSC -2014 -0391 -PAA -EI, issued July 28, 2014, in Docket 20140065 -EI, in re: Petition for approval of amended standard offer contract COG -2 by Duke Energy Florida, Inc. q4 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 5 90 By ORDER of the Florida Public Service Commission this 9th day of June, 2022. Florida Pliblic S6rvice Commission 2540 Shumard Oak Boulevard Tallahassee, Florida 32399 (850) 413-6770 ,,v-,-vw,floridapsc.com Copies furnished: A copy of this document is provided to the parties of record at the time of issuance and, if applicable, interested persons. NOTICE OF FURTHER PROCEEDINGS OR JUDICIAL VIEW The Florida Public Service Commission is required by Section 120.569(1), Florida Statutes, to notify parties of any administrative hearing or judicial review of Commission orders that is available under Sections 120.57 or 120.68. Florida Statutes, as well as the procedures and time limits that apply. This notice should not be construed to mean all requests for an administrative hearing or judicial review will be granted or result in the relief sought. As identified in the body of this order, our action is preliminary in nature.. Any person whose substantial interests are affected by the action proposed by this order may file a petition for a formal proceeding, in the form provided by Rule 28-106.201, Florida Administrative Code. This petition must be received by the Office of Commission Clerk, at 2540 Shumard Oak Boulevard, Tallahassee, Florida 32399-0850, by the close of business on June 30, 2022. If such a petition is filed, mediation may be available on a case-by-case basis. If mediation is conducted, it does not affect a Substantially interested person's right to a hearing. In the absence of such a petition, this order shall become effective and final upon the issuance of a Consummating Order. Any objection or protest filed in this docket before the issuance date of this order is considered abandoned unless it satisfies the foregoing conditions and is renewed within the specified protest period. Any party adversely of by the Commission's final action in this matter may request: (1) reconsideration of the decision by filing a motion for reconsideration with the Office of 1-5 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 6 Commission Clerk, within fifteen (15) days of the issuance of this order in the form prescribed by Rule 25-22.060, Florida Administrative Code; or (2) judicial review by the Florida Supreme Court in the case of an electric, gas or telephone utility or the First District Court of Appeal in the case of a water or wastewater utility by filing a notice of appeal with the Office of Commission Clerk and filing a copy of the notice of appeal and the filing fee with the appropriate court. This filing must be completed within thirty (30) days after the issuance of this order, pursuant to Rule 9.110, Florida Rules of Appellate Procedure. The notice of appeal must be in the form specified in Rule 9.900(a), Florida Rules of Appellate Procedure. ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 7 Attachment A 44m*k+"LWLgflJJRe,*+-ed Sheet No. 9.030 FLORIDA PONVER & UGUTCOMPANY Caticcist4ijft**ot4i-Fi"srteenth Revised Sheet No. 9,030 STANDARD OFFER CONTRACT FOR IM PURCHASEOF cApixcrry AND ENERGY FRONT A RENENVABLE ENERGY FACILITY OR AQUALIFYING FACILITY NVITII A DESIGN CAPACITY OF 100 KW OR LESSQQU.W4 AVOIDE D UNIT) THIS STANDARD OFFER CONTRACT (thc'rontract") is made and entered this day of by and between (herein after "Qualified Seller" or'�Qs')a corporation/limited liability company organized and existing under the laws of the State of and-owncr of a Renewable Energy Facility as defined in section 25-17.210 (1) F.A.C. or a Qualifying Facility %vitha design capacity ol'100 KW or less as defined in section 25-17.250, and Florida Power& Light Company ('hereinafter "FPUJ a corporation organized and existing under the laws of the State of Florida. I'lie QS and FPL, shall be jointly identified herein as the '?artics". 'niis Contract contains five Appendices; Appendix A. � QS -2 Standard Rate for Purchase of Capacity and Lnt.Tgy-, Appen(RN 13, Flay for Performance Provisions; Appendix C, Termination Fee; Appendix D, Detailed Project Information and Appendix E, contract options to be selected by QS. WITNESSETH: NXIMIZEAS, the QS desires to sell and deliver, and FPL desires to purchase and receive, finn capacity and energy to be generated by the QS consistent with the terms of this Contract, Section 366.91, Florida Statutes, and/or Florida Public Service Commission ('FPS(7) Rules 25-17.082 through 25-17.091, F -AC. and FPSC Rules 25- 17.200 through 25.17.3 10X.A.C. WHEREAS, the QS has signed an interconnection agreement with FPL (the "Interconnection Agreement'), or it has entered into valid and enforceable interetinnectioton, nsmission service agroement(s) with the utility (or those utilities) whose transmission facilities arc necessary for delivering the firm capacity and energy to FPL (the "Wheeling Agreement(s)'); W`HERFAS, the FPSC has approved the form of this Standard Offer Contract for the Purchase of Finn Capacity and Energy from a Renewable Energy Facility or a Qualifying Facility with a design capacity of 100 KW or less; and WTIEREAS, the Facility is capable of delivering firm capacity and energy to FPL for the term of this Contract in a manner consistent with the provisions of this Contract; and WHEREAS, Section 366.91(3), Florida Statutes, provides that the "prudent and reasonable costs associated with a QS energy contract shall be recovered from the ratepayers of the contracting utility, without differentiating among customer classes, through the appropriate cos-t-rccovcry clause mechanism" administered by the FPSC. NOW, THEREFORE, for mutual consideration the Parties a" as follows: (Continued on Sheet No. 9,03 1) Issued by; Tiffany Cohen, Senior Director, Regulatory Rates, Cost of Service and Systems Effective: July44444 q_� ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 8 Attachment A Second Revised Sheet No. 9.031 FLORIDA PONVER & 11431ITCOMPANY Cancels First Revised Sheet No. 9.031 (Continued from Sheet No. 9.030) QS Facility The QS contemplates, installing operating and maintaining a KVA enerati% facility located at (hereinafter called the "Facility"). The Facility is designed to produce a maximum of, kilowatts ("KW") of electric power at an 85% lagging to 85% leading power factor. The Facility's location and generation capabilities are as described in the table below. TE42MOLOGYAND GLNERATORCAPAMU-I'l ES Location: Specific legal description (e.g., metes and bounds or other legal description with street address required) City: County: Generator Type (Induction or Synchronous) Type of Facility (Hydrogen produced froin sources other than fossil fuels, hiomags as defined In Section 25-17.210 (2) F.A.C. , solar energy, geothermal energy, wind energy, ocean energy, hydroelectric power, waste heat from sulfuric acid manufacturing operations: or <100KNVcogencrator) Technology Fuel Type and Sourer Generator Rating (KVA) Maximum Capability(KW) Minimum Load Peaking Capability Net Output (KW) Power Factor(%) Operating Voltage (kV) Peak Internal Loadk-VV The following sections (a) through (e) are applicable to Renewable Energy Facilities ("REFs'� and section (e) is only applicable to Qualifying Facilities with a design capacity cf 100 KW or less: (a) If the QS is a REF, the QS represents and warrants that (i) the sole source(s) of fuel or power used by the Facility to produce energy for sale to FPL during the term of this Contract shall be such sources as are defined in and provided for pursuant to Sections 366.91(2) (a) and (b), Florida Statutes, and FPSC Rules 25-17.71((1) and (2) FXC:; (ii) Fossil fuels -shall be limited to the minimum quantities necessary for start-up, shut -down and for operating stability at minimum load', and (iii) the REF is capable of generating the amount of capacity pursuant to Section 5 of this Agreement without the use of fossil fuels, (b) The Parties agree and acknowledge that if the Q8 is a REF, the QS will not charge for, and FPL shall have no obligation to pay for, any electrical energy produced by the Facility from a source of fuel or power except as specifically provided for in paragraph i(a) above, (Continued on Sheet No, 9.032) Effective: July 13, 2017 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 9 FLORIDA IX)%NFr11 & [,I(' 31T CONIPAW Attachment A @P4A6,aL%jl_it.UUj1kRe vise dl,'Ajeet No. 9.032 Cancels ViAot-nit, SixtetnthRevised Sheet No. 9.032 (Continued from Sheet No. 4.031) (c) If tile QS is a REP. dig Q$ shall, on anututual basis; and within tarty (30)days after the arativersarydate of this Contract mid man annual basis thereafter for the term of this Contract, deliver to FPL a report certified by an officer of the QS: (i) stating the type and amount of each sourre of fitel Of power used by the QS to produce energy during the twelve- month period prior to the anniversary date (,the 'Cmtrad Year"); and (ii) verifying that me hill) died percent (100%) of all energy sold by the QS to FPL during the Contract Year complies with Sections I(a) and (b) of this Contract. (d) If the QS is a REF, the Q$ represents and warrants that tile Facility meets Ole mliewable energy requirements of Section 3601(2)(a) mid (b), Florida Statutes, and FPSC Rules 25-11210(l) and (2)-, F.A.C,, and that the QS Awl continue to neer such requirements dirouglout the teen of this Contract. FpI, shall have the right at all finics to inspect the Facility and to "ani ne any books, records, or other documents of the QS that FIRL deems necessary to verity that die Facility meets such requirements, (e) The Facility (J) has been certified or has self-calified as a "qualifying facility" Imrsuairt to ilia RLWilations of the Federal Energy Regulatory Comnlission ("FERC" or (it) ties been certified by the F11SC as a "qualifymg facility.' pursuant to Rule 25-17,090(t), A QS that is a qualilying facility with a design. capacity of less flum 100 KW shall maintain tile "qualifying status" of the Facility throughout the term of this Cotitraci. FPL shill have the right at all tubes to inspect the Facility mid to vullime any books mid records or other docunients of die Facility dial FPL deems necessary to verily the Facility's qualifying swm& on or before March 31 of each year during the term of (his Contract, the Q8 sliall provide to FPL a certificate signed by an officer of the QS certifying Ozal the Facility has continuously maintained qualifying status. Term ofContract Except as with crwisc provided herein, Us Contract AWI become effective inutiodiatcly upon its execution by the Parties (the "Effective Date") and 4*11 have the termination date stated in Appetulix E, artless terivinuted earlier in accordance with the provisions hereof, Notwidiaten(fing die fbregoulg, if dig Capacity Wivcty We (as defined in Section 3,5) of the Facility is not accwnplistu tl by the in-service dale ofthe avoided unit, or such later date as maybe permitted by FPL pursuant to Section 5 of this Contract, FPL will be ponitiftcd1to twnuxudc Uzis Ggriirarr 4 consistena with the torahs herein withoul: further obligations, duties or liability to the QS. Nihilmum specincations Fottowu* are the mirlimain specifications pertakrang to this Contract: The avoided unit ("Avoided tlnifj options on which this Contract is based are detailed in Appendix A. This offer shall expire on A" 1, "94U. 3. The date by which firtu capacity and energy deliveries from the QS to FPL shall continence is tile in-service date of tie Avoided Unit (or such later date as nary be perruittud by FPL pursuant to Section 5 of Us contrut) unless flit QS clvx+scs a capacity payment option that provides for early capacity paynnents pzirszernt to Sze terms of this G oirtract. 4. The period of little over which firm capacity and energy shall Ile delivered from the QS to FPL is as Vacified in AppendiN E; provided, such period shall be no less flum a minimum often (10) years after the in-service date of the Avoided Unit. 5. The following are tile minimum perfomiance standards for the delivery of firm capacity and energy by the QS to quality for full capacity payments under this Corgract On peak. All Hours Availability 940% 94,0% * QS Po formance and On Peak hours shall be as measured andior described in FPL's Rate Schedule QS -2 attached hereto as Al)lxmdixA Issued by: Tiffany Colicn, Efftctivc: Jitty-S—,UQ4 (Continued mSheet No. 4.032.1) Cost of.Scmicc and Systems �._ q ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 10 FLORMA POW ER& LIGHT COMPANY (Continued from Sheet No. 9,032) 3.2 QS, at no cost to FPL. shall be responsible to: Attachment A First Revised Sheet Na 9.032.1 Cancels Original Sheer No. 9.032.1 3.2.1 Design, construct, and maintain the Facility in accordance with this Contract, applicable law, regulatory, and govviturictral approvals, any roquiratimits of warranty agreements or snuilar ogreoments, prudent in"ttypractice, insurance policies, and die or VAteeling Agreeinent 31.2 Perform all studies, pay all fees, obtain all necessary approvals and execute all necessary agreements (inchWini; the interconnection Agivarrientorthe Wheeling Agreenient(s)) in (odor toschedulcand deliver the finn capacityand energy to FPL. 1.2.3 Obtain and maintain ad permits, Lem fications, licenses, consents or approvals of ally gmemmental or regulatory autliority necessary for Ott construction, operation, and maintenance of the Facility (the -Permits). QS shall keep FPL reasonably informed as to the status of its penintfirig eltorts and shall pforriptly inform FPL of airy Permits it is unable to obtain, that are delayed, limited, suspended, tenninated, or otherwise constrained in a way that could unlit, reduce, interfere with, or preclude QS's ability to perform its obligations under des Contract (including a statement ofwhether and to what wdent this circumstance may limit or preclude QS's ability to p"Ibmi under this Contract') 12A Denionstraleto FPL's reasonable satisfaction that QS has established Site Control, an agreement for Ole ownership or lease of the Facility's site, for the Tam of the Contract. 3,2.5 Complete all enviromnental impact studies ind comply with applicable environmental laws necessary for the construction, operation, and maintenance of the Facility. 3.2,6 At M.'s request, provide to FPI, electrical specifications mid design drawings pertaining to the Facility for FPL's review prior to finalizing design of the Facility and before beginning construction work based on such spteifimfiorr; and drawings, provided FPL's review of sueh specifications and design shall not be construed as endorsing the specification, and design thereof, or as any express or implied warranties including Wfonnanex, safiety, durability or reliability of die Facility. QS shall provide to FPL reasonable advance notice of any changes in the Facility and provide to FPL specifications mid design drawings ofany such changes, 12,7 Within fifteen (15) days after die close of each month from the first month following the Effective Date until the Capacity Delivery Date, provide to FPL a monthly progress report (in a form reasonably satisfactory to FPL) and agree to regularly scheduled meetings between representatives of QS and FPL to review such monflily rcons and discuss QS's construction progress, Die Monthly Progress Report shall indicate whether QS is on target to meet the Capacity Delivery Date, If, for any reason, FPL has reason to believe that QS may fail to achieve the Capacity Delivery Date, then, upon FPL's request, QS shall submit to FPL, within tan (10) business days of stick request, a remedial action plan (-Rerrierlial Action Plan) drat sets forth a detWcddcsai Ption OfQs,s proposed count of action to promptly achieve the Capacity Delivery Date. Delivery ofa Remedial Action Plan does not relieve QS of its obligation to meet the Capacity Delivery Date. 3,3 FPL shall have die right, bul not the obligation, to: 33.1 Inspect during business hours upon reasonable notice, or obtain copies of all Pennits held by QS, 33,2 Consistent with Section 3.2.6. notify Q$ in writing orthe results ofthe review within thirty (30) days of FPL's receipt of all specificatiom for the Facility, including a description of any flaws perceived by FPL in the design, 33.3 Inspect the Facility's constniction site cc on-�sitc QS data and information pertaining to the racifityriming business hours upon reasonable notice. (C,onfirmcd on Shect No. 9.033) Issued by: 4S. E. Romig, Director, Rates and Tariffs Effective: September 13, 2016 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 11 (Continued it= Shed No. 9.032. 1 ) Sale of Energy and Capacity by the OS Attachment A Tenth Re, wed Meet No. 9.033 Ninth Street .No. 9.033 4.1 Consistent with the tents Item& the QS shall sell and deliver to FPL and FPL shall purchase arid receive from the QS at the Delivery Point (defined below) all of the energy and firm capacity generated by the Facility. FPL shall have the sole and exclusive right to Purchase all energy and capacity produced by the Facility. The purchase and sale of energy and firm capacity pursuant to this Contract shall be a ( ) net Ming arrangement or ( ) simultaneous purchase and sale arrangement; provided, however, that no such arrangement shall cause the QS to sell more energy ad finut capacity dun the Facility's net output. The billing methodology may be Changed at the option of the QS, subject to the provisions of FPI, Rate Schedule QS -2. rot purpose -5 of this Contract, Delivery Point shall be defined as either (4) the point of interconnection between FPL's system and die tranunission system of the final utility transtuitting energy Mid firm Capacity from the Facility to the FPL system, as specifically described in the applicable Wheeling Agreement, or (b) the point of interconnection between the Facility and HIL's transmission system, as sliccifically described in the Interconnection Agrecructut. 4.2 The QS shall not rely on interruptible standby service for the startup requirements (initial or othenvise) Of the Facility, 43'rhe QS shall be mpousible for all costs, charges mid penalties associated with development mul operation of the Facility. 4.4 The Q$ shall be responsible for all interconnection, electric losses, InutsinisMon and ancillary service arrangements and costs required to deliver, on a firm basis, the flini capacity mid atergy frm the Facility to the DeliveTyPoint. Comanitted Capatetty/Capachy Delivery Dole 5.1 The QS corrunits to sell and deliver firm capacity to FPL at the Delivery Point, the amount ofiviach shall be detemined in accordance with this Section 5 (the "Committed Capacity). Subject to Section 5.3 the Couirnfitted Capacity shall be- KW, delivery date no later than the in-service date of the Avoided Unit or is otherwise specified in Appendix F (the'rjimranteed Capacity Delivery Date-). 51 Testing of the Capacity of the Facility (each such test, a "Cominitted Capacity Test') shall be performed in accordance with the procedures get forth in Section 6. The Dationstration Period (deffised herein) for the first Committed Capacity Test shall Commence no Mile[ thart six (6) 111olths prior to the Capacity Delivery Date and testing must be completed by 11.59 p,in EST on the date prior to the Guaranteed Delivery Mie, The first (Avratritted Capacity Test shall be deemed sucovssfidly couipleted when the QS, demonstrates to FPL's satisfaction that the Facility can snake available capacity of at least one hundred percent (I 000%) or the Committed Capacity set forth in Section 5.1. Subject to Section d.t, the QS may schedule and perroun up to dwee (3) Cortunitted Capacity Tests to satisfy the capacity requh,ements or the Contract 53 FPL shall have the right to require the QS, by notice no less than ten (10) business days prior to such proposed test, to validate the Committed Capacity of the facility by ribains of subsequent Corntuitted Capacity Tests as follows: (a) once per each Sturtater period mid once per each Winter period at FPL's sole discretion,(b) at any time the QS is unable to Comply with any material obligation under this Contract for a period of thirty (30) days or more in the aggregate as a consequence of an event of Force Majeure, and (c) at any tune the QS fails in three consecutive months to achieve an Annual Capacity Billing Factor, as defined in Appendix B (the "ACOF), equal to or greater Duan 70%. `!lie results of arty such test shall be provided to FPL within seven (7) days of the conclusion of such test On and after the date of such requested Committed Capacity Test, and onfil the completion of subsequent Committed Capacity Test, the Committed Capacity shall be deemed as the lower ofthe tested Capacity or the Contruitted Capacity asset forth in Section 5.1, 5A Notwithstanding anything to the couttary herein, tilt Colurnitled Capacity shall not exxeed did antount set forth in. Section M without the. prior written Consent of FPL, such ccatsent not unreasonably withheld - 5.5 The -Capacity Delivery Date" shall be defined as the first calendar day immediately after the date following the last to occur of (a) the Facility's socecssf4l completion of the first Cominitted capacity 'rest but no earlier omit the commiencone"t date for deliveries Of firm Capacity aril energy (as such is specified in Appendix 13) and (b) the satisfaction by QS of the following Delivery Date Conditions (defined below), (Continued on Sheot14o.9,033,1) Issued by; Tillany Cohen, Senior Director, RuguLator.i Ratan, Cost of'Service and systems Effective- January 1, 2022 07 4 1 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 12 FLORIDA PONVFR & LIGHT COMPANY (Continue from Sheet No. 9.033) Attachment A Original Sheet No. 9.033.1 5.5.1 A certificate addressed to FPL from a Licensed Professional Engineer (reasonably acceptable to FPL in all respects) stating: (a) the nameplate capacity rating of the Facility at the anticipated time of commercial operation, which must be at least 94% of the Expected Nameplate Capacity Rating; (b) that the Facility is able to generate electric energy reliably in amounts expected by this Agreement and in accordance with all other tern s and conditions hereof; (c) that Start -Up Testing of the Facility has been completed; and (d) that, pursuant to Section 8.4, all system protection and control and Automatic Generation Control devices are installed and operational. 5.5.2 A certificate addressed to FPL from a Licensed Professional Engineer (reasonably acceptable to FPL in all respects) stating, in conformance with the requirements of the Interconnection Agreement, that: (a) all required interconnection facilities have been constructed; (b) all required interconnection tests have been completed, and (c) the Facility is physically interconnected with the System in conformance, with the Interconnection Agreement and able to deliver energy consistent with the terms of this Agreement. 5.5.3 A certificate addressed from a Licensed Professional Engineer (reasonably acceptable to FPI, in all respects) stating that QS has obtained or entered unto all permits and agreements with respect to the Facility necessary for construction, ownership, operation, and maintenance of the Facility (the "Required Agreements' j. QS must provide copies of any or all Required Agreements requested by FPL. 5.5.4 An opinion from a law firm or attorney, registered or licensed in the State of Florida (reasonably acceptable to FPL in all respects), stating, after all appropriate and reasonable inquiry, that: (a) QS has obtained or entered into all Required Agreements; (b) neither QS nor the Facility is in violation of or subject to any liability under any applicable law; and (c) QS has duly filed and had recorded all of the agreements, documents; instruments, mortgages, deeds of trust, and other writings described in Section 9.7. 5.5.5 FPL has received the Completion/Performance Security ((a) through (e), the "Commercial Operation Conditions"). FPL shall have ten (10) Business Days after receipt either to confirm to QS that all of the Delivery Date Conditions have been satisfied or have occurred, or to state with specificity what FPL reasonably believes has not been satisfied. 5.6 The QS shall be entitled to receive capacity payments beginning on the Capacity Delivery Date, provided, the Capacity Delivery Date occurs on or before the in-service date of the Avoided Unit (or such later date permitted by FPL pursuant to the following sentence), If the Capacity Delivery Date does not occur on or before the Guaranteed Capacity Delivery Date, FPL shall be entitled to the Completion/Performance Security (as set forth in Section 9) in full, and in addition, has the right but not the obligation to allow the QS up to an additional five (5) months to achieve the Capacity Delivery Date. If the QS fails to achieve the Capacity Delivery Date either by (a) the Guaranteed Delivery Date or b) such later date as permitted by FPL, FPL shall have no obligation to makMeany capacity payments under this Contract and FPL will be permitted to terminate this Contract, consistent w iththe terms herein, without further obligations, duties or liability to the QS. (Continue on Sheet No. 9,034) Issued by. Wtaar Cohen, Director, Rates and 'tariffs Effective: dune 5, 2018 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 13 Attachment A Third Wvised Sheet No. 9.034 FI>ORif)A POAWR & LIGHT COMPANY Cancels Second Revised Sheet Nlo. 9.034 (Continued frwn Sheet No. 9.033) Testing Procedures 6.1 The C,rnnmitted Capacity Test mins, be completed success€idly within a sixty -hour pwtied (ilia " f)ert on tratkon Peri<xl'), which period, including the approximate start time of the C: ommined Capacity Test, shall be selected and scheduled by the Qfi IV means of a written notice to FPL delivered at least thirty (30,) days prior to lite start of such period. The provisions of the forcgoing sentence shill not apply to any Committed Capacity Test required by FPL under any of die provisions of this Contract. FPL stall have Ude right to be present cuhsite to monitor airy Contained CapacityTest required or pernutted under thisCoatnict. 6.2 Committed Capacity Test results shall be based on a test period of twenty-four (24) consecutive hours (the `Committed Capacity Test Period') at the highest sustained net KW rating at which die Facility can operate without exceeding the design operating conditions, temperature, pressures, and other parameters deft by the applicable manufacturdr(s) for steady state operations at the Facility. If the QS is a REP Ute Committed Capacity `fest shall be conducted utilidng as the sole fuel somo a fuels or energy sources included in the definition in Section 366.q I, Florida Statutes. The Committed Capacity Test Period shall commence at the time designated by the QS pirstatt to Section 6.1 or at such other time requested by FPL pursuant to Section 4.3; provided, however, that the Conuiiitted Capacity Test Period tray commence earlier than such time in the event that FPL is notified of, and consents to, such earlier time. 6.3 For die avoidance of doubt, nortual station service use of unit attxiliaries, including, without limitation. cooling towers, heat exchangers, and other equipment required by law, shall be in service dating the Committed Capacity Test Period Further, the QS siiall af€ect deliveries of any quantity and quality ofcontracted oogeramited steam to the steam host during the Commitled Capacity Test Period. 6.4 The capacity of the Facility shall be the average net capacity (generator output minus stodliary) measured over the Committed Capacity Test Period. 6.5 The Committed CapacityTe-u shall be performed according to prudent industry totig procedures satisfactory to FPI. for the appropriate teclutology of die QS. 6.6 [ xcept as otherwise provided herein, results of any Committed Capacity Test shall be submitted to FPI. by the Qfi withinseven (7) days of die conclusion of de Coummilled CapacityTest. Payment for Electricity= Produced by the Facility 7,1 Energy FPL agrees to pay the QS for energy produced by the Facility acid delivered to than Uelivety Point in accordance with the rates alit procedures c+mtained in FPL's approved state Schedule QS -2, attacW hereto as Appendix A, as it may be amended from time to time and pursuant to the election of energy Payment options as specified in Appendix E. The Parties agree that this Contract shall be subject to all of tie provisions contained in Pale Scliedu1e QS -2 as approved and on file tvith the PPSC. 7.2 Firm Capacity FPL agrees to pay the QS fdr the firm capacity described in Section 5 in accordance with tie rates and procedures contained in Pate Schedule QS -2, attached hateto as Appendix A, as it nay ire atien&d and approvmI from trine to time by the FPSC, acid laustmrn to the election of a capacity payment option as specified in appendix E. The QS understands and agrees that capacity payments will be made under the early capacity payment options only if the CSS has achieved the Capacity Delivery hate and is delivering firm capacity and energy to FPL. Once elected by the QS, the capacity payment option cannot be changed during the term of this Contract. 7.3 Payments Payments due the QS will be made monthly and normally by the twentieth business day following the end of the billing period A statement of the kilowatt -hoes sold by the QS and the applicable avoided energy rate at which payments are being made shall accompanythe payment to the QS. (Continued on Sheet No. 9.035) Issued by: Tiffany Cohen, Director, Rates and Tariffs Effective: June 9, 2020 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 14 Attachment A Second Revised Sheet No. 9.035 FUORTDA POWER & LIGHT CONTPANV Cancels First Sheet No. 9.035 (Oxibnaed from Sheet No. 9.034) a. Electricity Production and Plant Maintenance Schedule 8.1 Dining ate lenn of this Contract no later thain sixty (60) days prior 0 die Capacity Delivery Date mid prior to April I of each calendar your thereafter, the QS shall subtrit to FPL in writing a detailed plan of (a) the amount oflitut capacity mid energy to be generated by the Facility mid delivered to the Delivery Point for each month of Ane following calendar year. and (b) the time, duration and nagnitude of any scheduled inaintenaince period(s) told any anticipated reductions in capacity, 82 By October 31 of each calendar year, FPL shall nod fy the QS in writing whether the requested scheduled Trillintalance Periods in the detailed plan are acceptable. If FPL objects to any of the requested scheduled maintenance periods, FPL " advise the Q8 of the time period closest to the requested petior(s) when the outage(s) can be scheduled. The QS shall schedule maintenance outages only dining periods approved by FPL, such approval not unreasonably withlied. On" the schedule for maintenance has been established and approved by FPL, either Party may request a subsequent change in such schedule and, except when such event is due to Force Majeure, request apptoval for such change from (tit Other Party, suety approval not to be unitasormbly withheld or delaye& Scheduhid maintenance outage days shall be limited to seven (7) days M calendar year unless the trantithetwer's recommendation of maintenance outage days for the technology and equipment used by the Facility exceeds such ;day period, provided, such number of clays is considered reasixtable by prudent industry standards and does not exceed two (2) fiNtileen (14) day intervals, one in the Spring and one in the Fall, in any calendar year. The sciledloed maintenanee outage days appheable for the QS am_ days in the Spring mid days in the Fall of each calendar year, provided the conditions specified in the previous sentence are satisfied. in no event shall maintenance periods be scheduled during the following periods: June I through and including October 3 is( and December I through arxi including February 28 (or 29'h as the ease , may be), 8.3 The QS shall comply with reasonable requests by FPL regarding day-to-day and hour-by-liour communication between the Parties relative to electricity production and maintenance scheduling. 8A Dispatch and Control 8.41 The power supplied by the QS hereunder sliall be in the form of three-phase 60 Hertz alternating current, at a nominal oivr.iting voltage of 000 volts (-kV) and power factor diVatchable and controllable in the range of 85% logging to S 1 51 o leading as mcasaired at the Delivery Point to maintain system operating paiwacters, as specified by FPL 8.4.2At all times during the term orf this Contract, the QS shad operate and maintain die Facility: (a) in such a warm as to ensure compliance with its obligations hereunder, in accordance with prudent engineering and operating practices and applicable law, and (b) with all system protective equipment in service whenever the Facility is connected to, or is operated in parallel with, FPL's system, The QS shall install at the Facility those system protection and control devices necessary to ensure safe and protected opermion of all energized equipment dining tionnal testing and repair, The QS shall have qualified paxonlict test and calibrate all protective equipment at regular intervals in accordance with good engineering will Operating practices, A unit ftinctional trip test shall be performed after each overhaul of the Facility's turbine, generator or bailers and the results shall be prowidled to FPL prior to returning the Facility to service. The specifics of the unit ftinctional trip test will be emsistent with gaud citgnicaring and operating practices. 8,43 If The Facility is separated frim the FPL system for any reason, under no circumstalwesshall the QS reconnect the Facility into FPL*s system without first obtainnig RL'slitior written approval. 8.4.4 During the tenn of this Contract, the QS shill employ qualified persmiel for managing, operating and maintaining the Facility and for coordinating such with FPL- If the facility has a Committed Capacity greater than 10 MW dim the QS " ensure that Operating pemnutel are on duty at all times, twenty-four (24) hours a calcudar day and seven (7) calendar days a week. Ifthe Facility has a Committed Capacity equal to or less than 10 MW then the QS shall ensure that operating personnel are on dilly at least eight (8) hours M day from 8 AM EST to 5 Phi EST from Monday to Friday, with an Operator on call at all other hours, 8.4.5FPL shall at all times be excused tion its obligation to parchase mid receive energy arid capacity hereunder, and FPL shall have the ability to require the QS to curtail or reduce deliveries of energy, to the went. necessary (a) to maintain the reliability and integrity orally, pan of FPL's system, (b) in the event flim FPL deterrinnesthat a failure to do so is likely to endanger life or property, or (c) is likelyto result in significant disruption ofelectric service to FPL's customers- FPI. shall give the QS prior notice, irpracticable, of its intent to refuse, curtail Or reduce FPT,'s acceptance orenergY and finn capacity pussumil to this Section and will ad to minimize lite fluluency and duration of such occurrencc& (Coritinvied on Sheet No,9.036) ISSUM Dy: S.P- KOM 19,1J1rCC1OrKa1CSUlld jurnis Effective: %tpirtaller 13,2016 -7-4 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 15 FUORHM POWER & ]LIGHTC;OMPANi' (Continual from Sheet No, 9,035) Attachment A Third Revised Sheet No. 9.035 Cancels Second Sheet No. 9,036 8.4.6After providing notice to the QS, FPL shall not be required to pnuchase or receive energy from the QS during; any period in which, date to operational circumstances, the purchase or receipt of such energy would result in FPL's incurring costs greater tan those which it would incur it it did not make such purchases. An example of such an occurrence would be a period during which the load being served is such that the generating tants on line are base load units operating at their minimum cottimtous ratings auul the purchase of additional energy would require taking a base load unit oft" the line and replacing the retmirdng load served by that unit with pealtmg-type generatiom FPL shall give the QS as much prior notice as practicable of its indent not to purchase or receive energy and firm capacity pursuant to this Section. 8.43Ifthe Facility has a Cermnitted Capacity less than 75 MW, control, scheduling anddispatchof faro capacity and energy sbuaii be the respousibAtty of the QS. if the Facility has a Conunitted Capacity greater than or equal to 75 MW, then control, scheduling acid dispatch of firm capacity and enemy stall be the responsittihty of the QS, except during, a "Di%petch Hots'", ie„ any clock hour for which PPL requests the delivery of such capacity and energy. Luring any Dispatch Iiour: (a) control of the Facility will either be by Seller's manual control wider the directicar of PPL (whether dally or in writing) or by Automatic Generation Control by F PL's system control center as determined by FPL, and (b) PPI, may request that the teal power output be at any level up to the Committed Capacity of the Facility, provided, in no event shed FPL require the real power output of the Facility to be below the Facility's Mirurnum Load without deconunitting the Facility, The Facility shrill deliver the capacity and energy requested by FPL within minutes, takirvt into account the operating limitations of the generating equipment as specified by the manufacturer, provided such time period specified herein is considered reasonable by pntdent indwary standards for the technology and equipment tieing utilized and asmrWrig the Facility is opetating at or above its Minimum Load. Start-up fine frorn Cold Shutdown and Facility Turnaround time fon Hot to Hot will be taken into consideration provided such are reasonable and consistent with pendent industry practices for the technology mid equipment beirg utilized, The Facility's Operating Characteristics have been provided by lie QS and are set forth in Appendix U, Section IV of Irate Schedule QS -2. 8.4.81f the Facility has a Conuuitted Capacity of less than 75 MW, FPL may require during certain periods, by oral, written, or electronic notification that the QS cruse the Facility to reduce output to a level below the Committed Capuity bud not lower than the Facility's Minimum Load FPL shall provide as much notice as practicable, nonnally such notice will be of at least four (4) hours, The frequency of such request shall not exceed eighteen (15) limas per calendar year and the duration of each request shall not exeWA four (4 ) hour's. 21.4.9FPL's exercise of its rights under this Section 9 shall not give rise to any liability or payment obligation on the pari of FPL, including any claim for breach of eantract or for breach of any eovowd of good faith and fair dealing. Compk4ton/Perforw ancv Security The security contemplated by this Section 9 constitutes security ror, butt is not a limitation ot; QS's obligations hereunder and shall not be FPL's exclusive remedy for QS's failtwe to perform in accordance with this Agreement. 9.1 As security for the achievement of the Guaranteed Capacity Delivery hate and safisfactomy peti'or ance of its obligations hereunder, the QS small provide FPL either: (a) an uncotdifi cnal, irrevocable, standby It" of ctedit(s) with an expiration date no earlier than due enol of the first (est) anniversary of the Capocity Delivery Date (ter the neat business day thereafter), issued by a U.S. commercial bandy or the U. S. branch of a fcrcign bank having a Credit Rating of A- or higher by S&Por A3 cr higher by hloody's (a "Qu>alified issuer'), in form and substance acceptable to FPL (including provisions (i) permitting partial and full draws and (ii) permitting FPI, to draw in full if such tetter of credit is not renewed or replaced as required by the terms hercof at least thirty (30) bttsint~ss days prior to its expiration date) ("Letter of Credit"); (fir) a bond, issued by a financially sound Qxupany acceptable to FPL and. in a form acid substance acceptable to FPi„ ("Bondi'), or (c) a cash collateral deposited with FPL ("Cash Collateral") (any of (a), (b), or (c), the "Completion (Performance Security'). ComplctiomdPerfcrmance Security shall be provided in the amount acrd by the date listed below; (a) $50,00 per kW (for the nunilvt of kW of Coram itted Capacity set forth fit Section 5.1) to be delivered to FPL within five (5) hwitness days of the )effective Date; and (b) $100,00 per kW (for the number of kW of Committed Capacity set forth in Section 5A) to be delivered to FPL two years before the Guaranteed Capacity Delivery mate, "Credit Ratinzr" means with respect to any entity, on any date: ofdatermination, tie respective ratings tort assigned to sueh entity's unsecured, senior long-term debt or deposit ctblisalions (not supported by third party credit mthancement) by SRP, Mo My's or other specified rating agency or agencies or if such entity does not have a rating far its unsecured, senior long -tan debt or deposit obligations then the rating assigned to such entity as its "corporate credit ratintg" by SRP, (Cmfin ed in SbeetNo. 9,037) tsstneen Dy: t Many Cohvn, thrector, Kates and f OR.% 1s'tlectivc: June 5, 2015 I ,K ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 16 Attachment A Ninth ReNised Sheet No. 9.037 F'LORMA PONATIR & LIGHT COMPANY Cancels Eighth Revised Shret No. 9.037 (Continued from Shed No. 9.036) "Moody"mearis Moody's hivestom Service, Inc, or its successor. "S&P" means Standard. Poufs Ratings Group(a division ofThe McGraw -[till Companies, Inc) or itssuccessor, 9.2 The specific security instrument provided for purposes of this Contractis: Letter of Credit O Bon& Cash collateral. 9.3 FPL shall have the right to intinitor (a) the furial coed nion of die issuer of a Letter of Credit in die event any Letter of Credit is provided by the QS, said (b) the insurer, in the case of any Bond. In the event the issuer of a Letter of Credit no longer qualifies as Qualified Issuer or the issuer of a Bond is no longer financially sound, FPL may require the QS to replace the Letter ofCredit or the Bond, as applicalak Such replacement Letter ofCredit or bond must be issued by a Qualified I.,wier (.it a financially sound issues, as applicable, within ten (10) business days following written notification to the QS of the icquircrucrit to iclAaw, Failure by the QS to courply with the requirements of this Section 9.3 "1 be grounds for FPL to draw in ftill on the exiAng Letter of Credit or bond and to ewei-d- any other remedies it nay have hereunder. 9,4 Notwilhitanding the toregonis provisions or this Section 9, pursuant to FPSC Role 25-17,091(d), f,A,C., a QS qualifying as a "Solid Waste Facility pursuant to Section 377.709(3) or (5), F.S., respectively, may use an unsecured written commitment or promise to pay in a form reasonably acceptable to FPL, by the local government which owns the Facility or on whose behairibe Qs orates the Facility; to secure its obligation to achieve on a timely basis the Capacity Delivery Date and the satisfactory peiforniance of its obligations hereunder, 9.5 FPL shall be entitled to draw the CompledowTerformance Security to satisfy any obligation or liability of QS arising pur.scart to this Contract, 9.5.1 If the QS falls to achieve die Capacity Delivery Date on or befd idle in-service date or the Avoided Unit or such later date as permitted by FPL pursuant to Section 5,6, FPL shall be entitled irrawdiately to receive, draw upon, or rctian, as the case may be, one. hundred (l00%) of the Complegoul Performance Security as liquidated dainages. fircia from airy claim or right of arty nature whatsoever of the QS, including any equity or right of redemption by the QS. The Parties acknowledge that the injury that FPL will suffer as a result ot'delayed availability of Committed Capacity and energy is difficult to ascertain and that FPL may accept such sum as liquidated damagos; and resort to any other remedies which may be available to it under law or in equity. 9.51 In the event that FPL requires the Q8 to perforin one or more Comniihed Capacity Test(i) at anytime on or before the first anniversary of the Capacity Delivery Date pursuant to Section 5.3 and„ in connection with any such Committed Capacity Test(s). the QS fails to demonstrate a Capacity of at least one -hundred percent (100%) of the Corritnitted Capacity set fath in Section 5. 1, FPL shall be entitled iminediately to receive, draw kilmn, or retain, as the case may be, (ine-hundred percent (100%) of flit: Courplebow'Perromiance Security as liquidated damages free firoul any Chinn or right of any nature whatsoever of the QS, including any equity cc tight of redemption by the QS. 9.5.3 QS shall promptly, but in no event more than five (5) business days following any draws on the CQUIpletiOn/Performance Security, replenish the Coniplettowperforniance Security to the amounts required herein, 9.6 The QS, as the Pledgor of the CompletionlPerlormanco Security, hereby pledges to FPL, as die secured Party, as security for the achievement ofthe Capacity Delivery Date and satisfactory performance of its otiligations, hereunder, and grams to FPL a first priority contioubig security interest in, lien on and right of set-off against all Canpletion/Perfortuance security transfeued to or received by FPL hereunder. Upon the transfer or return by FPL to Its: QS of Completion/Perlbrmancc Security, the security interest and lien granted hereuntlef an that Completionflierfortnance Security will be released immediately and, to the extent possible, without airy fluilber action by either party, (Confinuedon Sheet No. 9.039) Issin'UM: I I I I a 11V it -one n, jwector, Rates and -l'arills Ilthcrtitc .lune §, 2018 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 17 Attachment A First Revised Sheet No. 9.038 FLORIDA POWER & LIGHT COMPANY Cancels Original Sheet No. 9.038 FbyFP(Continued from Sbeet No. 9.037) L In lieu of airy interest, dividends or other amounts paid or deemed to have been paid with respect to Cash Collateral held which maybe retained by FPL), FPL, will. transfer to Ute QS on a.monUtlybasis the Interest Amount as calculated by FPL. rest Amount" means, with respectto each monthlyperiod, the aggregate sum ofthe amounts ofinterest calculated for each day t monthly period on the principal amount ofCash Collateral held by FPL on that day, deterrruned by FPL for each such day as ws: (x) ) the amount of that Cash Collateral on that day; multiplied by (y) ) the Interest Rate in effect for that day; divided by (z) 360. "Interest state" means: the Federal Furors Overnight rate us from time to time in effect. "Federal Funds Overnight Rate" means, for the relevant dateratmation date, the rate opposite the caption "Federal Funds (Etfccfive)" els set forth for that day in the weekly statistical release designated as 11.15 (519), or any successor publicatimi, published by the Bound of 0ovemcws ofthe Federal Reserve System, ]foil the dewrininatio n date such rate is not yet prbliAw in 11.15 (519), the rate for that date will be the rate set in Composite 3:30 P,lvf. Qsiotatiorrs for U,S. Ckwernmem Securities fbr that day raider the caption "Federal FiauistBifective Rate." If on the determination date such rate is not yet punished in either H.15 (519) or Composite 3:30 RM. Quotations for U.S, Government Securities, the rate for that date wr11 be detemrined as if the Parties had specified "USD -Federal Funds -Reference healers" as the applicablerate, 10, Termination > ee 10A In the +:veart that the QS raceivea capacity hrnynrents purstaant to Option B, Option C, Option IJ or Option B (as such options are defined in Appendix A and elected by the QS in Appendix E) to receives energy payments pursuant to the Fixed Firm Energy Payment Option (as such option is defined in Appendix A and elected by the QS in Appendix E) then, upon the termination ofthis tact, the QS shall owe and be liable to FPL for a termination The calculated in accordance with Appendix C (the 'Terrranatiot Fuv"), The QS's obligation to pray the Termination Fee shall survive the terrrunation of this Contract. FPI.. shad provide the QS, ori a nrontfriy basis; a calculaticn ofthe Tcrnrirtation Fee. 10.1.1 Die Termination Fee shall be secured (with the exception of govermuenGil solid waste facilities covered by FPSC Rule 25.17.091 in which case the QS may use an unsecured written commitment or promise to pay, in a form reasonably acceptable to FPL, by the local government %,Well owns the Facility or to whose behalf the QS operates the Facility, to secure its obligation to pay the Temmiation Fee) by the QS by: (a) an unconditional, irrevocable, standby letter(s) of credit issued by Qualified Issuer in form and substance acceptable to FPL (including provisions (a) permitting partial and full draws and (b) pcmutting FPL to draw upon such letter of credit, in full, if such letter of credit is not renewed or replaced at least thirty (30) businez days prior to its expiration date, ('Tenninatioo Fee Letter of Credit"); (b) a bcatd, issucd by a frnnwicially sound Coampatry and in a form acid substance acceptable to FPL, (Tcmunation Fee Bond); or (c) a caalh collateral deposit with FPL (`Termination Fee Cash Collateral') (any of (a ), (b), or (e), the "Termination Security"), 10.1.211w specific security instnnnertt selected by the QS for purposes of this Contract is< )Termination Fee Letter of Credit { ) Termination Fee Bond ( ) Temunation Fee CashCoilateral 10.1:3 FPL shall have the right to monitor the financial condition of (j) the issuer of a Termination Fee Letter of Crept in ttte case of any Termination Fee Letter of Credit and (ii) the insurer(s), in Use cast of any Termination Fee Beard. In the event the issuer of a Termination Fee latter df"Credit is no longer a Qualified Issuer or the i-wer of a Termination Fee Bond is no longer finatici ally sound, FPL may require the QS to replace the Termination Fee Letter of Credal cu the Termination Fee Bond, as applicable, in the event that FPL notiftcs the QS that it requires such a replacement, the replacement Termination Fec Letter of Credit of Termination Fee Bond, as applicable, must be issued by a Qualified Issuer or firiancially sound company within ten (10) business days fodlowwing such ratification Fauna by die QS to comply with Ure requitements of this Section 10, 11 shall Ix; grower for FPL to draw in JIM on airy existing Termination Fee Letter of Credit or Tettn ination Fee Bend mid to exercise any other remedies it inay have hereunder. (Confirmedwn Shce(:No.9.039) Issued by: S. E. Romig, Director, Rates and Tariffs Effective: September 13, 2016 -fl ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 18 Attachment A First Reused Sheet No. 9.039 FT,ORIDA POWFR & LIGHT COMPANY Cancels Original Shrct No. 9.039 (Cerrdnu ed From Sheet No. 9.038) 10,1A rifler the close of each calendar quarter (March 31, lune 30, September 30, and Mcember 31) occurring subsequent to the Capacity Delivery Date, die QS shall provide to FPL within tett (10) busatess days of the chase of such calendar quart" with written assurance and documentation (the -Security Dchcumentatio W), in form and substance acceptable to FPL, that the atnounrof the most recently provided Termination Security is sufficient to cover the balance of the Termination Fee. In addition to the foregoing, of any time durutg the term of this Contract, FPL shall lave the tight to request, and the QS shall be obligated to deliver within five (5) business days of such request, such Security Documentation. Failure by the QS to comply with die requirements of this Section 10. 1.3 shall be grounds for FPL to draw in hill on any existing Terrination Fee Letter of Credit o r Termination Fee Bond or to retain arty Termination Fee Cash Collateral, and to exercise any otter remedies it may have heremnder to be applied against any Terttinaticxh Fee that may be due and owirg to FPL or that may in the future be due and owing to FPL. 117.1.5 upon any termination of this Contract following tit-- Capacity Delivery Date, FPL shall be entitled to receive (and in the case of the Terttination Fee Letter of Credit or Termination Fee Bonin, draw upon such Tcmtinati(at Fee Letter of Credit or Termination Fcc Bond) and retain one- hundred percent (10044) of the Termination Security to be applied against arty Termination Fee that nay be dna and owing to FPL or that may in the tittta°e be dm and owing to FPL. FTL will transfer to the QS any proceeds and Tertrination Security remaining atter liquidation, set-off andtor application muter this Article after satisfaction in fill of all amounts payable by the QS with respect to arty Termination Fee or other obligations due to FPL; the QS in all events will rennin Gable for arty amounts remaining unpaid atter any liquidation, set-off andior application under this Article. 10.2 The QS, as the Pledgor of the Tenmination Security, hereby pledges to FPL, as the seemed Party, as security for the Termination Fee and grants to FPL u first priority contirntir>♦; security interest in, lien on and right of set-off against all Terrndration Security transferred to or received by FPL hereunder. Upon the transfer or return by FPL to the QS of Termination Security, the security interest arod lien granted heretander on that Temhiration Security will be released immediately and, to the extent possible, without any further action by either party, 10.3 In lieu of ar y interest, dividtmds or other arrimints paid or teamed to have been paid with ru5pecst'to Termination Fee Cash Collateral held by FPL (all of which may be retained by FPL), FPL will transfer to the QS on a truxuhly basis the Interest Amotart, Pursuant to Section 9.7, it. Performance Factor FPL desires to provide an incentive to the QS to operate the Facility during ort -peak and oft=peak periods in a manner which approximates the projected I-Parfornance ofFPL's Avoided Unit. A Formula to achieve this objective is attached as Appnxtix A. (Ckathniied on Sheet No. 9.040) Issued by: S. E. Romig, Director, Wile%and Tariff's Effective: Septetober 13, 2016 1,6 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 19 Attachment A Fourth Revised Sheet No. 9.040 FLORIDA POWER & LIGHT COMPANY CanceLq 111rd Revised Sheet No. 9.040 (Continued from Sheet No. 9.039) 12. Default Notwithstanding the occurrence of any Force Majeure as described in Section 16, each of the following shall constitute an Event of Default: 12.1 The QS fails to meet the applicable requirements specified in Section I of this Contract.; 12.2 The QS changes or modifies the Facility ftm that provided in Section I with respect to its type, location, technology or fuel source, without prior written approval fiom FPL.; 12.3 After the Capacity Delivery Date, the Facility fails, for twelve (12) consecutive mirths, to maintain an Annual Capacity Billing Factor, as described in Appendix B, of at least 70%.; 12A The QS Nis to cotuply with any of the provisions of Section 9,0 1kcreof(Cotopletioti,,Perromullc,: Security), 12.5 The QS fails to comply with any orthe provisions of Section 10.0 hereof (Termination Sectirity).; 12.6 The QS ceases the conduct of active business; or if proctedirWs under tire federal bankruptcy low or insolvency laws shall be instituted by or for or against the QS or if a receiver " be appointed for the QS or any of its assets or properties; or if any part of the QS'N assets shall be attached, levicil upcai6 cricumbercd, pledged, -.m'zcd or taken under any judicial process, and, such proceedings shall not be vacated or fully stayed within 30 days thereof, or if the QS shall make an assignment for do benefit of creditors, or admit in writitig its atithility to pay its dcbLs as they hLoorne chic. 117 The QS fails to give proper assurance acceptable to FPI. of adequate performance as specified under this Contract within 30 days after HIL, with reasonable grounds for insecurity, has requested in writing such assurance-. 12.8 The QS materially fails to perforin as specified under this Contract, irtcluding, Ind not United to, the QS's obligations trader any part of ctions 8. and 18. 12.9 The QS fails to achieve the pennittin& licensirig, certification, and all federal, state and local govermitental environmental and licensing approvals required to mitiate construction of the Facility by no later than orae year prior to Guaranteed Capacity Datc 12.10 The QS fails to comply with any ofthe provisions of'Section 18.3 hereof (Project management). 1111 Any of the representations or warranties nude by the QS in this Contract is false cc misleading in any material respect, 12,12 The occurrence of an event of default by the QS tinder the Interconnection Agreement or any applicable Wheeling Agreement; 1113 The QS fails to satisfy its obligations tinder Section 18.14 hereof(Assigranent). 1114 The QS fails to deliver to FPL in accordance with this Contract any energy or fine capacity required to be delivered hemunder or the delivery or sale of arty such energy and flim capacity to an entity other than RL, 12.15 The QS fails to perform any material covertare or obligation under this Contract not specifically mentioned in this Section 12. 12.16 If at any time after the Capacity Delivery Date, the QS =times the Committed Capacity duo to an event of Form Majeure and fails to repair The Facility and reset the Corranitted Capacity to the level set fath in Section 5.1 (as such level tray be reduced by Section 5.3) within twelve (12) months following the occurrence ofsuch event of Force Majeure. (Cmuititied on Sheet No. 9.041) Issued by: S. L Romig, Director, Rates and Tariffs Effective: September 13, 2016 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 20 Attachment A First Revises! Sheet No. 9.041 FLORIDA PO%VFR & I,1G1IT CONTPANV Cancels Original Sheet No. 9.441 (Continual from Sheet No 9.040) 13. FPI,1% Rights in the rvebt of Ddault 131 Upon the occurrence of any of the Events ofDofitalt in Section 12, M may: (a) terminate Go Contrite without penalty or firtlier obligation, vxetpt w net forth in &ltion 13.2, by written notion to the QS, and offset against any payment(s) due from FPL to the QS, any monies otherwise due from the QS to FPL4 (b) draw on die CompletiowPurformance Security pursuant to Section 9 or collect the, Termination fee punnioull to Section 10 as applicable; and (c) exercise any other remedy(ies) which may he available to FPI, at low or in equity. 13.2 In the case of elk Event of Defisaft, Ike QS recognizes that any remedy at low may be inadequate because this Contract is unique and/or because the actual damages of FPL may I* difficult to reasonably m;Qvrtwn. Therefore, the QS agrees that FPL shall be entitled to pursue wit action for specific performance, and the QS waives idl ofits rights to assert w a definve to such action that FPL,l; remedy at law ivadquate. 13.3 Temlination shelf not affect the liability or either party for obligations wising prior to such termination or for damages, if my, resulting, from any bleach or this Contract, 14. Indellinificution/Limits 14A FPL and the QS shall each be responsible for its ourn facilities_ FPI. and the QS shall each be responsible for ensuring adequate safeguards for other FPL customers, FPL's mid die QS's personnel and equipment, and for die prowdon of its own generating system. Subject to section 2.7 Indemnity to Company, or section 2.7t Indannity to Company - Governmental, FPL'q General Rules mid Regulations or TwiffShect No b.020 each party (the -Inelemlutying Party") agrees, to the extent permitted by applicable low, to indemnify, pay, defend, mid hold harritleas the other party (the "Indemnifying Pmty*) and its officen, dirmlors, employees, agmto and watrectors (hatirtaftcr called respectively. "FPL Entities" and *'Q3 Entities') from arid against any mid all daimp, dimiathis, costs, or expenses for low, damage, or injury to pavom, or Property of the Indemnified Party (or to third purtiew) caused by, arising out of, or romiltitilt from: (a) a breach by the Indemnifying Party of its covenants, representations, and warranties or obligations hereunder, (b) any act or omission by the tndemaifying Party or its contractors, agents, servants or employees in connection with the installation or operation of its generation system or the operation thereof in connection With the other I'mity's system, (e) any defect in, fifilinii of, or firtaft related to, die Indemnifying Party's Serwratkni system; (d) die negligeince or willful miscorduct of the Indemnifying Party or its oormactom agents, slarvalaft or employees, or (a) any other event, sot or incident, including the transmission and we of c1ce(ficity, that is the result of, or proximately caused by, the ludianni6ing Party or its contractors, agents, servants or employees, 14.2 Payment by art Indemnified Party will net be a condition precedent to the oblifafions of the ImWmm6* Party under Section 14, No Indemnified Party undw Section 14 shall settle may claim for which it dairlig indemnifion lion hereunder with" firyt allowing the Indemnifyipf Potty the light to defend such a claim. The Indemnifying Party #find have no obligations under Section 14 in the event are breach of the foregoing sentence by the Indemnified Perry, Section 14 shall survive termination of this Agreement, 14.3 Limitation oil ComquentiaL Incidental and Indirect Damages. TO THE FULLEST EXTM PERMITTED BY LAW, NEITHER THE QS NOR Fill, NOR THEIR RESPECTIVE OFFICERS, DIREC)RS, AGENTS, EMPLOYELN, MEMBERS, PARENTS, SU13SIDIAR10% OR AFFILIKI-JiS, SU(7CESSORS OR ASSIGNS, OR THEIR RESPECTIVE OFFICrAS, DIRECTORS, AGENTS, EMPLOYEES, MEMBERS, PARENTS, SUBSIDIARIES OR AFFILIATES, SUCCESSORS OR ASSIGNS, SHALL BE LIABLE TO THE OTHER PARTY OR THEIR RFSPFCT`WE OFFICERS, DIRECTORS, AGENTS, EMPLOYEES, MEMBERS, PARENTS, SUBSIDIARIES OR AFFILIATES, SUCCESSORS OR ASSIGNS, FOR CLAIM -S, SIJrM, ACTIONS OR CAUSES OF ACTION FOR INCIDENTAL, INDIRECT, SPECIAL, PUNITIVE, MULTIPLE OR CONSEQUENTIAL DAMAGES CONNECTED WITH OR RESULTING FROM PERFORMANCE OR NON-PERFORMANCE OF THIS CONTRACT, OR ANY ACTIONS UNDERTAKEN IN CONNECTION WITH OR RELATED TO THIS CONTRACT, INCLUDING WITHOUT LIMITATION, ANY SUCH DAMAGES WHICH ARE BASED UPON CAUSES OF ACTION FOR BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE AND MISREPRESENTATION), BREACH OF WARRANTY, STRICT LIABILITY, STATUTE, OPERATION OF LAW, UNDER ANY INDEMNITY PROVISION OR ANY OTHER THEORY OF RECOVERY. TO THE EXTENT ANY DAMAGES REQUIRED TO BE PAID HEREUNDER ARE LIQUIDATED, THE PARTIES ACKNOWLEDGE THAT THE DAMAGES ARE DIFFICULT OR IMPOSSIBLE TO DETERMINE, THAT OTHERWISE OBTAINING AN ADEQUATE REMEDY IS INCONVENIENT, AND THAT THE LIQUIDATED DAMAGES CONSTITUTE A REASONABLE APPROXIMATION OF THE ANTICIPATED HARM OR LOSS. IF NO REMEDY OR MEASURE OP DAMAGES IS EXPRESSLY PROVIDED HEREIN, THE OBLIGORS LIABILITY SHALL BE LIM1717ED TO DIRECT DAMAGES ONLY, AND SUCH DIRECT DAMAGES SHALL BE THE SOLE AND EXCLUSIVE MEASURE OF DAMAGES AND (Continued on SheetNo. 9.042) Issued by: S. E. Romig, Director, Rates and Tariffs Effective: June 25, 2013 I -do ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 21 Attachment A $*#o"jtLiArRev1%ed Shect No. 9.042 FLORMAPONYFR&IAGHTCOMPANY Cancels.'+s�rou 44411evLsed Sheet No. %042 (Cwtimcd from Sheet No. 4,041) ALL, OTHER REMEDIKS OR DAMAGES AT LAW OR IN EQt -ITY ARE WAIVED; PRQYI)FP HOWEVER THE PARTIES AGREE THAT TILE PoRi'-,00ING uml'rxrlONS WILL NOT IN ANY WAY Ll2NAFf LIABILITY OR DAMAGES UNDER ANY THIRD PAKI'Y CLAIMS OR THE LIABILITY OF A PARTY WHOSE ACTIONS OWING RISE TO SUCH I,IAB]LrrY CONSTITI.TTE GROSS NEGLIGENCE OR WILLFUL MISCONDUCt'. TflL PROVISIONS OP'tTIV5 SECTION SHALL APPLY REQAPDLLSS OF FACIA'ASI) SHALL sURVAtli TEnIINATION, CANCELLATION, SUSPENSION, COMPLETION OR EXPIRATION Of THIS CONTRACT, NOTHING CONTAINED IN THIS AGREEMENT SHALL BE DEEMEDTO BEA WAIVER Of A PARTY'S RIGHT TOSEEK INJUNCTIVE RELIEF, 1& Insurance 15.1 The QS shall procure or cause to be procured, and shall maintain throughout ate entire teen of this Contract, a policy or policies or liability fitsunince issued by an insurer acceptable to F1% on a standard 111suraocc Services Office" commercial general liability. form (Such policy or policies, collectively, The *QS Insurance'), A certificate of insunmat hall be delivered to FPI, at least fifteen (15) calendar days prior to the start of any interconnection work, At a ininimum, the Q3 Insurance shall contain (a) an cri(kirserritnt providing coverage, including jx-aducL5 habilityloorrilgeted for the tem, of this Contract, aixt 6)) a brni j*om, contractual liability endorsement coveritig liabilities (i) which might arise uMer, or in the performance cc nonperfmitaric.- of, this Contract and the Interconnection Agreemnit or (ii) caused by operation of the Facility or any of the QS's equipment or by the QS's fiflure to maintain the Facility or the QS's equiptnein in satisfactory and safe operating condition. Effective at least fifteen (15) calendar days prior to the synchronization of the Facility with FPL's system, the QS Insurance shall he amended to include coverage for interruption or curtailment of power supply in accordance with indwirystandards, Without firniting the foregoing, the QS Insurance total he reasonably acccli(atile to FPL. Any prainjuni assessment or deductible shall be Ar the account of the QS and notFPL, 15.2 The (,)S Insurance Shall have a ininitnurn limit or one million dollars (51,000,000) per occurrerwe, And tivo rinUigli dgar a s Inifit. for Lvdilyinjury (molt ding death) orpropertydarnage, 153 In the event that such insurance becomes totally unavailable or procurement thereof becomes commercially imincdcable, such unavailability shall not constitute an Lverit of Default under this Contract, but FPL and the QS shall enter into ncgotiaiiojis to devc1op, substitute protection which the Parties in their reasonable judgment deem adequate. 15.4 To the extent that the QS insurance is on a "claims made" basis, the retroactive date of the policy(ies) shall be the effective date of this Contract or such other date as maybe agreed upon to protect the interests of the FPL Entities and the QS Entifies. Furthennore, to the extent the QS Irismance is on a "claims made" basis, the QS's duty to provide insurance coverage shall survive the termination of this Contract until the expiration of the maximum statutory period of limitations in the State of Florida for actions based in contractor in tort. To the extent the QS Insurance is onan "occurrence" basis, such insurance shall be maintained in effect at all times by the QS during the term of this Contract. 15.5 The QS Insurance shall provide that it may not be cancelled or materially altered without at least thirty (30) calendar days' written notice to FPL, The QS shall provide FPL with a copy of any material communication or notice related to the QS Insurance within ten (10) business days of the QS's receipt or issuancethereof. 15.6 The QS "I be designated as the named insured and FPL shall be designated as an additional named insured wider the QS Insurance. The QS Insurance sitall be endorsed to be primary to any coverage maintained by FPL 16. Force Mqjeure Force Majeure is defined as an event or curcurrislance that is not within the reasonable control of or the result ofthe negligence of, the affected party, and which, by the exercise of due diligence, the affected party is unable to overcome, avoid, or cause to be avoided in a commercially reasonable manner- Such events or circumstances may include, but are not bruited to, acts of Goil, war, not or nisunceitm, blockades, embargoes, sabotage epideruies, e.,qilosions and fires not originating in the Facility or caused by its operatiori, burricaries, floods, strikes, lockouts or Wier labor disptites, diflicultics (not caused by the Idure oftho affected party to comply with the terms of a cottective bwgaining agreement), of actions, or restraints by court order or govemmentalautbority or arbitration aivard Force Majeureshall not include (a) the QS's ability to sell capacity and energy to another market at a more advantageous price; (b) equipment breakdown or inability to use equipment caused by its design, ootistruction, operation, maintenance or inability to meet regulatofy mandauls,or otherwise caused by an event originating in the Facility, (c)) a failure otperformhuce of any other entity, includnig any entity providing electric tniiruiTision service to the QS, except to the extent that such failure was raised by an event that would o1hemise qualiA, as a Force Majeure event; (d) failure of the QS to timely apply for or obtainpamits, (Continuad on Sliest No. 9.043) Issued Cohen, Senior Director, Regulatoi-v Rates, Coit of Service and Systems JAIMIV !N"It#1144W4AJ-� ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 22 Attachment A First Revised Sheet No. 9.043 FLORIDA POWER &r LTGTI,T C01II'ANS' Cancels Original Sheet tin 9-W (Continued from Meet No. 9.042) I6.1 Except as otherwise provided in this Contract, each party shall be excused from perfontance when its ndutperformance was caused, directly or indirectly by art event of Force Majcure. 10.2 In the event of any delay or ta>nperfonnattce resulting from an event of Farce Majeure, the party claiming Force Majeure shall notify, the other party in writing within two (2) business clays of the occurrence of the event of Force Majeure, of the nature, cause, date of commencement thereof and the anticipated extent of such delay, and shall indicate whether arty deadlines or datc(s), imposed hereunder may W affected thereby The suspension of perfortran" shall be of no greater scope and of no greater duration than the cute for the Force Majeure requires. A party claiming Force AMajeure shall not be entitled to any relief therefore unless and until confonning notice is provided. The parry claiming Fames Majeure shall noti fy flic otter party of the cessation of tae event of Force Majeure or of the conclusion of die affected party's cure for the event of Force Majeure, in either case within two (2) business days hereof 16.3 The party claiming Force Majeure shall rue its best efforts to cure the cause(s) preventing its perfonnance of this Contract; provided, however, the settlement of strikes, lockouts tutu other labor disputes slid] be entirely tivithin the discretion of die a4Cected party, and such party shall not be required to settle such strikers, lockouts or ether labor disputes by acceding to demands which inch pt;ariy dcerm to he unfavorable. 16.4 if the QS suffers an occurrence of an .event of Fore,: Majcuue that reduces the ge.rmagrig capability of tie Facility below the Cotturatted Capacity, the QS may, upon notice in FPL, temporarily adjust the Counnined Capacity as provided in Sectio tis 16.5 acct 16.6. Such adjustment shall be effective the first calendar day itumediately following FPL's receipt of the notice or such tater date as nay be specified by the QS. Furdrentiore, such adjustment shall be the minimum amount necessitated by the event of Force Majeure. 16.5 If the Facility is rendered completely inoperative as a result of Force Majeure, the QS shall temporarily set the Committed Capacity equal to 0 KW aurid such time as the Facility can partially or tidly operate at tate Committed Capacity that existed prior to the Force Majeure, if the Comrnittcd Capacity is 0 K W, FPL shall have no obligation to make capacity payments hereunder. 16.6 IC at any time during the occurrence of an event of Force Majeure or daring its curd; the Facility can partially or fully operate, then the QS shall temporarily set the Cornrrnttcd Capacity at the rraxinium capability that the Facility cart reasonably be expected to operate. 16.7 Upon the cessation of the event of Force Majeure or the conclusion of the cure for the event of Force Majeure, the Committed Capacity shall be restored to the Committed Capacity that existed immediately prior to the Force Majeure. Notwithstanding any other provision of this Contract, upon such cessation or. cure, FPI, shall have the right to require a Committed Capacity Test to demonstrate the Facility's compliance with the requirements of this section 16.7. Any Committed Capacity Test required by FPL under this Section shall be additional to any Committed Capacity Test wider Section 5.3. 16.8 During the occurrence of an event of Force Majeure and a reduction in Committed Capacity under Section 16.4, all Monthly Capacity Payments shall reflect, pro rata, the reduction in Cotnmitted Capacity, and the Monthly Capacity Payments will continue to be calculated m accordance with the pay -for -performance provisions in Appendix B. 169 The QS agrees to be responsible for and pay the costs necessary to reactivate the Facility and/or the interconnection with FPL's system if the same is (are) rendered inoperable due to actions of the QS, its agents, or Force Majeure events affecting the QS, the Facility or the interconnection with FPL. FPL agrees to reactivate, at its own cost, the interconnection with the Facility in circwustances where any interruptions to such interconnections are caused by FPL or its agents. 17. Representations, Warranties, and Covenants of QS The QS represents and warrants flat as of the Elective tate and for the tern of this Contract: 11.1 Organization, Standing and QialiSeation The QS is a (ewpora ion, partnership, or other, as applicable) duty organized and validly existing in good standing under the laws of and has all necessary prover and auathority to carry on its business as presently coruiucted, to own or hold under lease its properties and to enter into and perfdmu its obligations under this Contract and all other related d ocurnents slid agreenietts to which it is or stall be a Patty. The QS is duly qualified or licensed to do business in the State of Florida and in all other Jurisdictions wherein the nature of its Iws4tcss and operations or the character of the properties owned or leased by it makes such qualification or licensing necessary and where the failure to be so qualified or licensed would impair its ability to perform its obligations oder this Contractor would result in a material liability to or would have a material adverse effect cat FPL. (Coaitiumd on Sheet No. 9.044) Issued by; S, L Romig, Director, Rates and Tariffs Effective: August 18, 2009 ' A7 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 23 TU,ORTI).A E'tIWER & UGHTCnM ANY (Continued from Sheet No. 9.043) 172 Due Authorization, No Approvals, No Defaults, eta. Attachment A Second Revised Street No. 9.044, Cancels First Sheet tio. 9.044 N ach of Ore "mutiou, delivery and perfomuwrca by the QS of this Contract has been duly authorized by all necessary action wt the part of the QS, does not require any approval, exert as has been heretofore obtained, ofthe (sbarehold rs, partners, or others, as applicable) of the QS or arty consent of or aplxoval from any trustee, lessor or leder of any indebtedness or oUtci obligation of the QS, except for such m have been duly obtained, and does not contravene cc constitute a default under any law, the (articles of incorporation, bylaws, or other as applicable) of the QS, or any agreement, jodgatent, injunction, order. decree or other instrument binding upon the QS, or subject the Facility or any component part thereof to any lien other than as contemplated or permitted by this Contract. This Contract constitutes QS's legal, valid and binding obligation, enforceable against it in accordance with the terms hereof, except as such enforceability may be limited by applicable bardauptcy laws from time to time in effect that affect: creditors' rights generally or by general principles of equity (regardless of whether such enforcement is considered in equity or at law). 17.3 Compliance with Laws The QS has knowledge of all laws and business practices that mast be followed in performing its obligations under this Contract. The QS is in compliance with all laws, except to the extent that failure to comply therewith would not, in the aggregate, have a material adverse effect on the QS or FPL. 17.4 Governmental Approvals Except as expressly contemplated herein, neither the execution and delivery by the QS of this Contract, nor the const rmtation by the QS of any of the transactions contemplated thereby, requires the consent or approval of, the giving ofnotice to, the registration with, the recording or filing of any document with, or the taking of any other action in respect. of governmental authority, except in respect of permits (a) which have already been obtained and are in full force and effect or (b) are not yet required (acrd with respect to which the QS has no reason to believe that the same will not be readily obtainable in the ordinary course of business upon due application therefore). 17.5 No Suits, Proceedings There are no actions stats, proceedings or investigations pending or, to the knowledge of Ilse QS, threatened against it at law or in equity before any court or tribunal of the United States cc any other jurisdiction which individually or in the aggregate could result in any materially adverse effect on the QS's business, properties, of mets or its condition, financial or otherwise, or in any in painnatt of its ability to perform its obligations tauter this Contract. The QS has no)mowiedge of a violation or default with respect to any law which could result in any such materially adverse effect or impainuent, 'Me QS is ret in breach of, in default tattler, or in violation of, any applicable Law, or the provisions of any autlxitization, or in breach oC in default under, or in violation of or in conflict with any provision ofany promissory note, indenture or any evidence of indebtedness or security therefore, lease, contract, or other agreement by which it is bound, except for any such breaches, dafaults, violations or conflicts which, individually or in the aggregate, could not reasonably be expected to have a material adverse effect on the sassiness or financial condition of Buyer or its ability to perform its obligations hereunder. 17.6 FnvirozuneUtal Matters 17.6.1 QS Representations To the best of its knouiedge after diligent inquiry, the QS Imows of no (a) existing violations of any environmental laws at the Facility, including those governing hazardous materials or (b) pending, ongoing, or unresolved admiristrative or enforcement investigations, complinnea orders, claims, demands, actions, or other litigation brought by governmental authorities or other third parties alleging violations of any environmental law or permit which would materially and adversely affect the operation of tate Facility as contemplated by this Contract. 17.6.2 Ownership and 011erhig For Sale Of Renewable Energy Attributes The QS retains any and all rights to can and to sell arty and all environmental attributes associated with the electric generation of the Facility, including but not limited to, any and all renewable energy certificates, "green tags" or other tradable envirc4moental interests (collectively "RECs'j of any description. (Continued on Street No. 9.095) Issued by: S. R Romig, Director, slates and Tariffs Effective: August 18, 2009 q, X3 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 24 Attachment A Fourth Revised Sheet No. 9.045 FLORIDA POWERS MGirrcoN*,ANY Cancelsllird I*vised Sheet No. 9.045 (Continued from Shcd No. 9,044) 17.6.3 Changes in Enviroarriental and Govermirentai Regulations It new arvirouniontal and other regulatory requirements enacted during the tam of the Contract charge FPL's full avoided c" of the writ on which the Contract Is bused, tither party can elect to have the centrad teoponod. 177 Intcrcamecionnbhttling Agreement The QS has executed an interconnection kqement with UP[., or represents or warrants that it has entered into a valid and enforceable Interconnection Agreement with the utility in whose savior area the Facility is located, pursuant to which the Q8 assumes contractual respombility to make any and all tran.wission4clacd arrangements (mcludukg control area servicest betweat the W and the transmitting utility for delivery of the Facility's capacity and energy to FPL. 172Technology and Ocricrator Capabilities That for the term ofthis Coultract the Technology and Gencratur Capabilities tabic act forth in Section I is accurate and coanpltw is. General Provisions 18.1Project viability To assist FPL in accessing the QS's financial and lochnical viability. the QS shall provide the Information and documents requested in Appendix It or mbamilially similar documents, to the extatt the documents apply to the type of Facility covered by this Contract, and to the extent the documents am available. All documents to be considered by FPL must be submitted at the time this Contract is presented to FPL. Failure to provide the following such documam may rc%ult in a dwarmnalfort of eon -viability by P'Pt- 18,21innuits: Site Control The QS hereby agrees to obtain mid maintain Permits which the QS is required to obtain as a prerequisite to engaging in the activities specifed in this Contract. QS diall alsoobtaini and maintain Site Control for the Term of die Contract. 18.3project management 18,11 If requesled by M, the Q.% Mall slibmil, to FIT its intograted project schedule for FPL's review within sixty calendar days from die caceotition of this Comraa, and a start-up and Icy schedule for the Facility at least sixty calaidar days prior to qan-up and leering of the Facility. 'Tbcsc permitting. cmistruction and operating milestone dates an4acivitics- Ifrequtsiclby FPL, the QS shall suit"it ffogress reports in a for"I A"atistactory W FPL every calendar month until die Capacity Delivery Date and shall notifY FPL of any changes in such schedules within lot calendar days ikflcr inch changes are determined. FPt,,,Jiall have the right to monitor the constniclion. pari: up and testing of the Facility. tither on-gito or off. site. FPL's technical review, and inspections of the Facility and resulting requests, it arty, shall nit be construed as endorsing, the design thereof or as any warranty as to the safety, durability or reliability of0u; Facility. 18.3,2 'nic QS shall provide FPL with the final generator capability curves, protective relay types, proposed protective relay wrings, main one -lint diapn mss protective relay thrictional clhigrarns4 and alternating carrait mid direct current elementary diagrams for review and in.4wfion at I'Pt. no later than one hundred eighty calendar days prior to Hit Initial synchronizatiort date. 18A Assignment This %,greentart shall inure to the benefit (it and shall be binding upon the Parties and their respectivt successors and assigris, This Agreement shall not be assigned or transferred by tither Party without the prior written consent of the other Party, such consent to be grimed or withhold in such other Party's sale discretion. Any direct or indirect change of control of QS (whaher voluntary or by operation of law) shall be deemed an assignment and shall require die prior written coruxint of VPl'. Norwiih-4midinli the forogoing, tither Piny may, without the consent of the other Party, nitign or tratisla- chis Agrccuuml: (a) in any lender as collateral wairily t2robligatiW18 under any financing documents entered into with such laidor provided, QS shall be responsible for FPL's rtatmablo osts and cxpaisc% ahsociatal with die review. otgothalou, execution and delivery of any c1cicomads or hiftnination pursuant to arch collateral assigoman, including reasonable attorneys' fees (b) to an affiliate of such Party: 1"Wde4 that much affiliate's croditworthincsk, ii equal to or boner than that ot'such Party (anti in tic event loss thmi Investment Qadc) as determined reasonably by the non es ming or non-traoxfurring Party and; provide.4 fardier, Ilial my such affiliate shall agree in writing in tic bound by and to wswrtic the torms anti conditions hercofaind any mid all obligations to the non-agaigning or min-uansfcrrmg Puny art ing or #coming hereunder horn mid after the date of acct( a,%uriptim, 'I"ve-4imad (kadc" M001KIlBo- or above ti om Standard .S. Poot'sOmporation of Batt2 or above from MouWs Investor Services, 18.5 Disclaimer In executing this Crmtract. Fill. does not, nor should it be constma to extend its culk or financial support for the benefit of any third parties lending monty to or having other transactions with the QS or any %Wgncv ofthis Contract. (Continued an Sheet No. U46) Issued by: Tiffany Cohen, Senior Director, Regulatory Rates, Cost of Service and System Effective: January 1, 2022 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 25 Attachment A Second Revised Sheet No, 9,046 FLORIDA POWER & TIGHT COMPANY Cancels- First Sheet No. 9.046 (Continued ft(xn Sheet No. 9.045) 18.6 Notification All formal notices relating to this Contract shall be deemed duly given when delivered in person, or sent by registered or certified mail, or sent by fax if Wowed munediately with a copy sent by registered or certified mail, to the halividuals designated below, The Parties designate the following individuals to he notified or to whom payment shall he sent until such firm is either Party furnishes the other Party written instructions to co nlact another irtdividual: For the QS: For FPL: Honda Power & Light Company 700 Universe Boulevard Juno Beach, FL 33408 Aft EMT Contracts Department 'flus signed Contract and all related documents may be presented no earlier thain 8:00 a.m. EST on the ef(ective date of the Standard Offer Contract, as determined by the MC. Contracts, and related documents may be mailed to the address below or delivered during normal business hours (&00 a,iw EST to 4:45 p.m. EST) to the visitors' aitimice at the address below. Florida Power & Light Company 700 universe Boulevard, Juno Beach, FL 33,108 Attention. Contracts Matitager/Coordinakir EMT Contracts Department 18,7 Applicable Low 11is contract stall be construed in accordarivc with and governed by, and the rights of die Parties shafl be construed in accordance with, the laws of the State of Florida as to all matters, including but not limited to matters or validity, construction, effect, perl'birmince and remedies, without regard to coullict of law rues tb=*C 18.8 Venue The Parties hereby irrevocably submit to the exclusive jwi"cfi*u of die United States District Cowl for the Southern District of Florida or, in the event that jurisdiction for any matter cannot be established in the United States District 0xvt for the Southern District of 1RWda6 in the state court for Papa Beach County, Florida. solely in respect of the inteerpretalion wid enforcement of the provisions of this Connact and of the docitments referred to in this Contract, and in respect of the transactions contemplated hereby, and hereby Waive, and agree not to assert, as a defense in any action, suit or proceeding for the interpretation or enforcement hereof or of any such d"Ilent, that it is not subject theretoor that such action, suit or Imocceding may not be brought or is not maintairtable in said courts or that the venue thereof my not be appropriate or that this Contract or any such document may not be enforced in or by such courts, and the Parties hereto irrevocably agree that an claim with MI=t to such action or proceeding shall be heard and determined in such a court, The Parties hereby consent to and grant any such cows jurisdiction over the Persons of such Parties solety for such purpose acrd over the subject matter of such dispute and agree that mailing ofproccss or other papers in connection with any such action or proceeding in time manner provided in Section I8,8 hercofor in such other mariner as pray be permitted by Low shall be valid anct sufficient service thereof (Caitatued oii Sheet Na 9,047) Issued by: Tillany Colien, Senior Director, Regulatory Rates, Cost of Service and Systems FATective: January 1, 2022 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 26 FLORIDA POti1 F;R & LIGITTCOMPANY (Continued from Sheet No. 9.046) Attachment A First Revised Sheet No. 9.047 Cancels Original Sheet No. 9.047 18.9. Waiver of Jury Trial. EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDERTHIS CONTRACT IS L.IK.ELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT A PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION RESULTING FROM, ARISING OUT OF OR RELATING TO THIS CONTRACT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY CERTIFIES AND ACKNOWLEDGES TIIAT (a) NO REPRESENTATIVE, AGENT OR ATTORNEY OF THE OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (b) EACH PARTY UNDERSTANDS AND HAS CONSIDEREE) THF IMPLICATIONS OF THIS WAIVER, (c) EACH PARTY MAKES THIS WAIVER VOLUNTARILY AND (d) EACH PARTY HAS BEEN INDUCED TO ENTER INTO THIS CONTRACT BY, AMONG OTHERTHINGS,THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 18.9 I8.10 Taxation In the event that FPL becomes liable for additional tars, including interest atWor penalties arising from an Internal Revenue Service's determination, throvith audit, ming or other authority, than FPL: s payments to die QS for capacity cooler Options B, C, D, E or for energy pursuant to the Fixed Firm Energy Payment Option D are not filly deductible when paid (additional tax liability), FPL may bill the QS monthly for the costs, including carrying charges, interest andlor penalties, associated with die fact drat all or a Portion of these capacity payments are not currently deductible for federal andfor state income tax proposes, FPL, at its option, may offset these costs against amounts due the QS hereunder. These costs would be: calculated so as to place FPL in to same economic position in which it would have leen if the entire capacity payment., had been deductible in the period in which the payments were made. If FPL decides to appeal the Internal Revenue Setvice's determination, the decision as to whether the appeal should be made through die administrative or judicial process or bow and all subsequent decisions pertaining to the appeal (both substantive and procedural), shall rest exclusively with FPL. 18: i i Scverability If any pan of dais Contract, for airy reason, is declared invalid, or uneaforceabie by a public authority of appropriate jurisdiction, then such decision shell not atTct the validly of the remainder of the Contract which rematirtder shall remsm in force and etrect as if this Contract had been execrated wi hotii the invalid or unenforceable portion. 18.12 Couipkne Agreement and Airetidments All Tmrvious cx rrimli tications or al recinews letzvLen the Parties, whether verbal or written, with reference to tlw suhjccl matter of this Contract are hereby abrogated. No amendment or modification to this Contract shall be hindmg wilem it shall be set forth in writing and duly executed by both Prudes. This Contact constitutes the entire agreemera between the Parties. 18.13 Survival ofColl acct This Cordram as it may be amended from time to time, shall be binding upon, and inure to the benefit of, the Parties' respective slx des ors -in -interest and legalrepresentatives. I8:14 Record Retention The QC agree%tn retain for a period of five (S) years from the date of tennination hemorall records relating to the pert'ormanee of its obligations hereunder, and to cause all QS Entities to retain for the same period all such records. 18.1 S No Waiver No waiver of any of tic terms and conditions or tbis Contract shrill be effective unless* in writing and signed by the Party against whore such waiver is sought to be en€owed. Airy weiver of the term hereof shall be effective only in the specific instance and €or the specific Purpose given. The ftiitve of a Party to insist, in arty instance, an the strict performance of any of the tetras and conditions horcof shall nothe eonstnruh as a waiver of such Partys right in the ftiturre to insist on such strict performance, (Continued on Sheet No.9,M) ]-,sued by; S. E—Ronrig,Director, Rates and'Fariffs F.t1'eetirx: September 13, 2016 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 27 Attachment A First Revised Sheet No. 9,048 FLORIDA PONNITZR Sc IJGTIT COMPANY Cancels Original Sheet No. 9.048 (Caltirmed fi-(xii Sheet No. 9.047) 18.16 set-off FPL imy at any firm, but shall be under no obligation to, set off wry mid all suns due from the QS against sums due 10 the QS hereunder. 18.17 A,,Wstance With FPL's "nation of FIN 46R Accounting rules sat foal in Financial Accounting Standards Board Interpretation No. 46 (Revised OWember 2003) ("FIN 46P"), as well as future amendments and interpretations of those rules, may require FPL to evaluate whether the QS must be consolidated, as a variable interest entity (as defined in FIN 46P), in the consolidated financial statements of PPL The QS agrees to filly cooperate with FPI, and make available to FPI, all financial data and other information, as deemed necessary by FPL, to perform that evaluation on a timely basis at inception of the PPA mid periodically as required by FIN 40R, If the result of an evaluation under FIN 46R indicates that the Q9 must be consolidated in the financial statements of FPL, the QS agrees to ptovick financial statentents, together with other required informution, as disterinined by FPL, for inclusion in disclosures contained in the footnotes to the financial statements and in M's required filings with tile Securities mid Exchangc Conimission. The QS shall provide this inforntaficu to FPL in a turiefranic consistent with FPL's ewrinws release and SEC filing sehedtdes, to be dotennincri at FPL's discretion. Tice QS also agrees to fully CW)Perwti! with FPL and FPL's independent auditors in completing an assessment of die QS's intan;wl Mitro,13 as required by the Sarbwws-(:*dcy Act of 2002 and in performing any audit procedures neveswry for the 4xiapendent auditors to issue their opinion on the consolidated financial statements or FPL, FPL will treat any intomiation provided by the QS in satisfyitk% Section 18.17 as cortfidential information and shall only disclose such information to the extent required by accounting and SEC rales, and any applicable laws, IN WITNESS W11FREOP, the QS and FPL executed this Contract this _­ day of . IFLORIDA POATR & LIGHT COMPANY WITNESS: WITNESS: Issued by: S. I,-' Romig, Director, hates and Tariffs Ettectlw: 3ttly29,2008 (QS) ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 28 Attachment A Seventh Revised Sheet No. 10.300 MORIDA POIVVER & LIGHT COMPANY Cancels Sixth Revised Sheet No. 10J00 RATE SCHEDULE Q&2 APPENDIX A TO THE STANDARD OFFER CONTRACT STANDARD RATE FOR PURCHAsEOF FIRM CAPACITY AND ENERGY FROM A RENEWABLE ENERGY FACIUTY ORA QUALIFYING FACILITY WITH A DESIGN CAPACITY OF 100 ICW OR LESS $0MAILE Q&32, Firm Captwity, imdEnergy AVATTABLF The Company will, under the provisions of this Schedule and the Company's "Standard Offer Contract for the Purchase of Firm Capacity and Energy from a Renewable Energy Facility or a Qualifying Facility with a design capacity of 100 KW or less. ("Standard Offer Contract'), purchase Firm capacity and energy offered by a Renewable Energy Facility specified in Section 366,91, Florida Statutes or by a Qualifying Facility with a design capacity of 100 KIN' or less as specified in FPSC Rule 25-17- 0832(4) and which is either directly or indirectly interconnected with the Company. Both of these types of facilities shall also be referred to herein as Qualified Seller or "QS". The Gonipany will petition the FPSC for closure upon any of the following as related to the generating unit upon which this standard offer contract is Nwed i,c, the, Avoided Unit : (a) a request for proposals (RFP) pursuant to Rule 25-22.082, F.A,C,, is issued, (b) the Company files a petition for a need determination or commences construction of the Avoided Unit when the gencrat.4 unit is not subject to Rule 25-22.082, F.A.C. or (c) the generating unit ulin which the standard offer contract is based is no longer part of the utility's generation plan, as evidenced by a petition to that effect filed with the Commission or by the utility's most recent Ten Year Site Plan. APPLICABLE To Renewable Energy Facilities as specifted in Section 366.91, Florida Statutes producing capacity and energy from qualified renewable resources for sale to the Company on a firm basis pursuant to the terms and conditions of this schedule and the, Company's "Standard Offer Contract', Firm Rcmvable Capacity and Renewable Energy are capacity and cneriw, produced and sold by a QS pursuant to the Standard Offer Contract provisions addressing (among other things) quantity, time and reliability of delivery. To Qualifying Facilities ('QF'), with a design capacity of 100 KW or less, as specified in FPSC Rule 25-17,0832(4)(a) producing capacity and energy for salt to the Company on a firm basis pursuant to the terms and conditions of this schedule and the Company's -Standard Offer Contract', Firm Capacity and Energy are &-=ribcd by FPSC Rule 25-17.0832. FAC., and are capacity and energy produced and sold by a QF pursuant to the Standard Offer Contract provisions addressing (among other things) quantity, time and reliability of delivery, CHARACTER OF SERViCF Purchases within the areas served by the Company sball be. at the option of the Company, single or three phase, 60 hertz afternating current at any available standard Company voltage. Purchases from outside the areas served by the Company shall be three phase, (A hertz alternating current at the voltage level available at the interchange Point between the Company and the entity delivering the Firm Energy and Capacity from the Q.S. UNTATION Purchases under this schedule are subject to Section 366.91, Florida Statutes and/or FPSC Rules 25-17.0832 through 25-17.091, F.A,C., and 25-17.200 through 25-17.310 F.A.0 and are limitedto those Facilities which: A. Commit to commence deliveries of firm capacity and energy no later than the in-service date of the Avoided Unit, as detailed in Appendix 11, and to continue such deliveries for a period of at least 10 years up to a maximum of the life of the avoided unit; Are not currently under contract with the Company or with any other entity for the Facility's output for the period specified above (Continued on Sheet No. 10301) Issued by: Tiffany Cohen, Senior Director, Regulatory Rates, Cost of Service and Systems Effective: January 1, 2022 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 29 Attachment A Seventh Revised Sheet lQo,10.301 F LORIDA NONVER & LIGHT COMPANY Cancels Sixth Revised Sheef No. 10.301 (Continued d from MW No. 10.300) RATES FOR PURCILAM BY THE CON HIANY Firm Capacity and Energy are purchased at a unit cost, in dollars per kilowatt per month and cents per kilowatt -lour, respectively, based on the capacity required by the Company. For the purpose of this Schedule, an Avoided Unit has been designated by the Company, and is detailed in Appendix ff to this Schedule. Appendix I to this Schedule describes the methodology used to calculate payment schedules, applicable to the Company's Standard Offer Contract filed and approved pursuant to Section 36691, Florida Statutes and to FPSC Rules 25-17.082 through 25-17.091, F.A.0 and 25-17.200 through 25- 17.310,RA.C. A. Firm C:arrtcity Rates Options A through L are available for payment of firm capacity which is produced by a QS and delivered to the Company. Once selcoted, an option shall remain in effect for the term of the Standard Offer Contract with the Company. A payment schedule, for the nornrsl payment option as shown below, contains the monthly rate per kilowatt of Firm Capacity which the QS has contractually committed to deliver to the Company and is based on a contract term which extends ten (10) years beyond the in-service date of the Avoided Unit. Payment schedules for other contract tents, as specked in Appendix F, will be made available to any QS upon request and may be calculated based upon the methodologies described to Appendix I. The currently approved parameters used to calculate the schedule of payments are found in Appcndix1:1 to this Schedule. Ad ustment to Ca aci ftymient The firm capacity rates will be adjusted to reflect the impact that the location of the QS will have on FPL system reliability due to constraints imposed on the operation of FPL transmission tic lines. Appendix Ill shows, for illustration purposes, the factors that uvould be used to adjust the firm opacity rate for different geographical areas. The actual adjustment would be determined on it case-by-case basis. The amount ofsuch adjustment, as well as a binding; contract rate for firm capacity, shall be provided to the QS within sixty days of FPL execution of the signed Standard Offer Contract Option A - Fixed Value of Deferral Paym encs-Nortnal Capacity Payment schedules under this option are based on the value of a single year purchase with an in-service date of the Avoided Unit, as described in Appendix 1. Once this option is selected, the current schedule of payments shall remain fisted and in effect throughoutthe term of the Standard Offer Contract. (Continued err Sheet No. 10.302) Issued by: S.E. Romig, Director, Rates and Tariffs Effective: June 25, 2013 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 30 r lAIlt1IJN I V Yr r.R m L,L"1:1 L%-kjAH'tllv i (Confirmed from Sheet No.10.301) Orition B- Fixed Val tic of Deferral Pavments - Earh• Capacity Attachment A J M INO. tU.3i/L Payment schedules under this option are based upon the early capital cost component of the value of a year -by -year deferral of the Company's Avoided Unit provided, however, that under no circumstances may payments begin before the QS is delivering firm capacity and energy to the Company pursuant to the terms of the Standard Offer Contract. GVhein this option is selected, the capacity payments shall be made monthly commencing no earlier than the Capacity Delivery Date of the QS and calculated using the methodology shown on AppendixI. The QS shall select the month and year in which the deliveries of firm capacity and energy to the Company are to commence and capacity payments are to start. The Company will provide the QS with a schedule of capacity payment rates based on the month and year in which the deliveries of firm capacity and energy are to commence and the terms of the Standard Offer Contract as specified in AppendixE. Option C - Fixed Value of Deferral Pavment - Levetized Capacity Payment schedules under this option are based upon the levelized capital cost component of the value of a year - by -year deferral of the Company's Avoided Unit. The capital portion of capacity payments under this option shall consist of equal monthly payments over the term of the Standard Offer Contract, calculated as shown on Appendix 1. The fixed operation and maintenance portion Of the capacity payments shall be equal to the value of the ycar- by-year deferral of fixed operation and maintenance expense associated with the Company's Avoided Unit, The methodology used to calculate this option is shown in Appendix 1, The Company will provide the QS with a schedule of capacity payor ent rates based on the month and year in which the deliveries of firm capacity and energy are to commence and the term of the Standard Offer Contract as specified in Appendix E. Option T)- I1xed Value of Deferral Payment Early T.eveiized Capacity Payment schedules under this option are based upon the early levelized capital cost component of the value of a year -by -year deferral of the Company's Avoided Unit. The capital portion of the capacity payments under this option shall consist of equal monthly payments over the term of the Standard Offer Contract, calculated as shown on Appendix I. The fixed operation and maintenance expense shall be calculated as shown in Appendix T. At the option of the QS, payments for early levelized capacity shall commence at any time before the anticipated in- service date of the Company's Avoided Unit as specified in Appendix F, provided that the QS is deliver firm capacity and energy to the Company pursuant to the terms of the Standard Offer Contract. The Company will provide the QS with a schedule of capacity payment rates based on the month and year in which the deliveries of firm capacity and enemy are to commence and the term of the Standard Offer Contract as specified in Appendix E. Option E _. Flexible Payment Oritlon Payment schedules under this Option are based upon a payment stream elected by the QS consisting of the capital component of the Company's avoided unit. Payments can commence at any time alter the actual in-service date of the QS and before the anticipated in-service date of the utility's avoided unit, as specified in appendix E, provided that the QS is delivering firm capacity and energy to the Company pursuant to the terms of the Standard (offer Couitma 'Regardl of the payment stream clected by the QS, the cumulative present value of capital cost payments made to the QS over the tern of the contract shall not exceed the cumulative present value of the capital cost payments which would have been made to the QS had such payments been made pursuant to FPSC Rule 23- 17.0832(4)(g)I_, F.A.C. Fined operation and maintenance expense shall be calculated in conformance with Rule 2.5-17.0832(6)17.A.C, The Company will provide the QS with a schedule of opacity payment rates based on the information specified in Appendix. E. (Ccefirme l on S%t,No, 10,303) Issued by; S. E. Romig, Director, Rates and Tariffs Effective: May22, 2009 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 31 Attachment A Sixth Revised Sheet No. 10.303 FLORIDA P0WKR & LIGHTCONTPANY Cancels- Fifth Re-.Ued Sheet No. 110.30 (,Continued frau Shed No. 10,302) B. Energy Rates (1) Nywrits :associated with As -Available Enem Costs prior to the In -Service Dole of the Avoided Unit Options A or B are. available for payment of energy which is produced by the QS and delivered to the Company prior to the in-service date of the Avoided Unit. The Q'S shall indicate iLsscicction in Appendix E, Once selected. an option shall remain in effect for the term orthe ft-midard, Offer Contract with the Company. Option A — Energy Payments based on Actual Energy Costs The energy rate, in cents per kilowatt-hour (0/KftJ shall be based on the Company's actual hourly avoided energy coasts which are calculated by the Company in accordance with FPSC Rule 25-17.0823, F.AC. Avoided energy costs include incremental fuel, identifiable operation and maintenance expenses, and an adjustment for line losses reflecting delivery voltage. The calculation of the Company's avoided energy costs reflects the delivery of energy from the region of the Company in which the Delivery Point of the QS is located, When economy transactions take place, the incremental costs are calculated as described in FPLN Rate' .3chcduleCOG- 1, The calculation of payment-, to the QS shall be based on the Burn, over all hours of the billing period, of the product of each hotes avoided energy cost times the purchases of energy from the QS by the Company for that hour. All purchases of energy shall be adjusted for losses from the point of metering to the Delivery Point. Option J3 — Encr&y Payments based on the yew by year projection of As-Availabic energy costs The energy rate, in cents per kilowatt-hour (O/Kft), shall be based on the Company's year by year projection of system incremental fuel costs, prior to hourly economy sales to other utilities, based on normal weather and hit[ market conditions (annual As -Available Energy Cost Projection which are calculated by the Company in accordance with FPSC Rule 25-17,0$25, F.A.C. and with FPSC Rule 25-17,250(6) (a) RAC.) plus a fuel market volatility risk premium mutually agreed upon by the utility and the QS. Nor to the start of each applicable calendar year, the Company mid the QS shall mutually agree on the fuel market volatility risk prtmium for the following, calendar year, normally no later than Noventher 15. The Company will provide its projection of the applicable annual As -Available Energy Cost prior to the start of the calendar year, normally no later than November IS of each applicable calendar year. In addition to the applicable As -Available, Energy Cog projection the energy payment will include identifiable operation wid maintenance expenses, an adjustment for line losses reflecting delivery voltage and a factor that reflects in the calculation of the Company's Avoided Energy Costs the delivery of energy from the region of the Cornpany in which the Delivery Point of the QS is located. The calculation of payments to the QS shall be based on the sum, over all hours of the billing period, of the product of each hour's applicable Projected Avoided Energy Cost times the purchases of energy from the QS by the Company for that hour. Ali purchases of energy shall be adjusted for losses from the point of metering to the Delivery faint (2) Payments Associated with Applicable Avoided Energy Costs after the In -Service, Date or the Avoided Unit. Option C is available for payment of energy which is produced by the QS and delivered to the Company after the- in-service hein-service date of the avoided unit. In addition, Option D is available to the QS which elects to fix a portion of the firm energy payment. The QS shall indicate, its selection of Option D in Appendix E, once selected, Option D shall remain in effect for the term of the Standard Offer Contract Option C- Encmv Pavrncrus based on AduaLLincru-N, Costs startinit on the in-service (late of the Avoided Unit. as detailed in Angendix 11. The calculation of payments to the QS for energy delivered to FPL on and after the in-service date of the Avoided Unit shall be the sum, over all hours of the Monthly Billing period, of the product of (a) each hour's firm energy rate (Oil(Wh), and (b) the amount of energy (KXIV'11) delivered to FPI. front the Facility during that hour. (Confirwal on Shed No. 10.304) Issued by., S. L Roodg, Director, Rates and'i*nriffs Effective: June 25, 2013 ri_ 31 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 32 Attachment A Eighth Revised Sheat No. 10.304 FLORIDA POWER & LIGHTCOMPANY Canceh Seventh Revised Sheet No. 10.304 (Continued from SheetNo. 10.303) For any Dispatch flour the t"um energy rate shall be, on an hour -by -hour basis, the Company's Avoided Unit Energy Cost. For any other period during which energy is delivered by the CSS to FPI., the fine energy rate in cents per kilowatt hour (¢IKWh) shall be the following on an hour -by -hour basin: the lesser of (a) the as -available energy rate calculated by F'P1: in accordance with FPSC Rule 25-17.0825, FAC, and FL's Rate Schedule COG -1, as they may each be amended from time to time and (b) the Company's Avoided unit Energy Cost. The Company's Avoided Unit Energy Coit, in cents per kilowatt-hour (O/KWh) shall be defined as the product of: (a) the fuel price in $tmmBTU as determined from gas prices published in Platts Inside FERC Gas Market Report, first of the month posting for Florida Gas Transmission Zone 3, plus all charges, surcharges and percentages that are as effect from time to time for service under Gulfstream Natural Gas System's Rate Schedule FTS: and (b) the average annual beat rate of the Avoided Unit, plus (c) an additional payment for variable operation and maintenance expenses which will be escalated based on the actual Producer Price Index. All energy purchases shall be adjusted for losses from the point of metering to the Delivery Point. The calculation of the Company's avoided energy cost reflects the delivery of energy from the geographical area of the Company in which the Delivery Point of the CSS is located. Option D- Fixed Fern Energy Payments Starting as early as the In-Sery ice r)ate of the C7S Facility The calculation of payments to the QS Ibr energy delivered to FPL may include an adjustment at the election of thr CSS in order to implement the provisions of Rule 25-17.250 (6) (b), F.A.C. Subsequentto the determination of full avoided cost and subject to the provisions of Yule 25-17.0832(3) (a) through (d), F.A.C., a portion of the base energy costs associated with the avoided unit, mutually agreed upon by the utility and renewable energy generator, shall be Fixed and amortized on a present value basis over the term of the contract starting, at the election of the QS, as early as the in-service date of the CSS, ".Base energy costs associated with the avoided unit" means the energy costs of the avoided unit to the extent the unit would have operated The portion of the base energy costs mutually agreed to by the Company and the QS shall be specified in Appendix E. The Company will provide the QS with a schedule of "Fixed Energy Payments" over the term of the Standard Offer Contract based on the applicable information specified in AppendixE. ESTIMATED AS -AVAILABLE ENFRGYCOST As required in Section 25-17.0832, F.A.C. as -available energy cost projections until the in-service date of the avoided unit will be provided within 30 days of receipt by FPL of a written request for such projections by any interested person. ESTIMATED UNIT FUEL COST As required in Section 2.5-17.0832, F.A.C. the estimated unit fuel costs associated with the Company's Avoided Unit and based on current estimates of the price of natural gas will be provided within 30 days of a written request for such an estimate. (Continued on Sheet No. 10.305) Issued by- S. E. Romig, Director, Crates and Tarirts Effective: September 13,1016 ��er ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 33 Attachment A Seventh Revised Sheet No. 10.305 rIX)IZIDA PONVER & LIGITTCONIPANV Cancels Sixth Revised Sheet No. 10.305 (Continued from Sheet No. 10.304) DVLIVrR5'VOLTAGFAD.T1TSTNIFNT Energy payments to a QS within the Company's service area shall be adjusted according to the delivery voltage by the multipliers provided in the COG -1. PFAR&MANCE CRITERIA payments for Firm Capacity are conditioned on the Q!Tsability to maintain the following perform arcecriteriw A. Capacitv Milvery Date The Capacity Delivery Date shall be no later than the projected in-service date of the Company's Avoided Unit, as detailed in AppcndLx 11, B. Availabilitv and Ca"ity Factor The Facilit-,'s availability and capacity factor are used in the determination or firm capacity payments through a performance based calculation as detailed in Appendix 8 to the Company's Standard Offer Contract. rkMERINGRWMENJENTS A QS within the areas served by the Company shall be required to purchase from the Company hoitirly recording meters to measure their energy deliveries to the Company. Energy purchases from a QS outside the territory of the Compaq "I be, measured as the quantities scheduled for interchange to the Company by the entity delivering Firm CApocity and Renewable Energy to the Company. For the purpose of this Schedule, the on -peak hours shall he those hours occurring April I through October 31 Mondays through Fridays, from 12 noon EST to 9:00 pm. EST excluding Ntemorial Day, Independence Day and Labor Day; and November I through March 31 Mondays through Fridays from 6:00 a.m. FST to 10:00 am. EST and 6:00 p.m. EST to 10:00 pm. EST prevailing Eastern time excluding Thanksgiving Day, Christmas Day. and New Years Day. FPL shall have the Tight to change st.wJi Oo-Peak Hours by providirig the QS a maimival of thirty catend" days! advance w1ittefulotice. 133LLINGOPrl A QS, upon entering into a Standard Of Contract for the sale of firm capacity and energy or prior to delivery of as -available energy, may elect to make either simultaneous purchases from and sales to the Company, or net sales to the Company; provided, however, that no such arrangement shall cause the QS to sell more than the Facility net output. A decision on billing, methods may only be changed. 1) when a QS wiling as-availablc energy enters into a Standard Offer Contract for the sale of firm capacity and energy; 2) when a Standard Offer Contract expires or is lawfully tam mated by either the QS or the Company-, 3) when the Q3 is selling as-availnble en Tv and has not changed billing methods within the lad twelve months; 4) when the election to change billing methods wilt not contravene this Tariff or the contract between the QS and the Company. If a QS elects to change billing methods, such changes shall be subject to the following: 1) upon at least thirty days advance written notice to the Company, 2) the installation by the Company of any additional metering equipment reasonably required to effect the change in billing and upon payment by the QS for such metering equipment and its instAllatiory. and 3) upon completion and approval by the Company of any alterition(s) to the interconnection reasonably required to effect the change in billing and upon payment by the QS for such alteration(s), payments due a QS will be made monthly and normally by the twentieth business day following the end of the billing period. The kilowatt-hours sold by the QS and the applicable avoided energy rates at which payments are being made shall accompany the payment to the QS. A statement covering; the charges and payments due the QS is rendered monthly, and payment normally is made by the twentieth business day following the end of the billing period. (Q40irated on Sheet No. 10,306) Issued by: Titfany Cohen, Senior Director, Regulatory Rates, Cost of Service and Systems Fffective: January 1, 21022 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 34 Attachment A Eighth Revised Sheet No. 10.306 k1A)RIDA POWER& LIGHT COMPANY Cancels Seventh Revised Sheet No. 10.306 (Contintied from Sheet No. 10.305) CHARGESTO ENERGY FACILITY The QS shall be responsible for all applicable charges as currently approved or as they may be approved by the Florida Public Service Commission, including, but not limitedto: A. Base Claire",: Monthly base charges for meter reading, tailing and other applicable administrative costs as per applicable Customer Rate Schedule. B. Interconnection Charge for Non -Variable Utility Expenses The QS shall bear the cost required for interconnection, including the metering. The QS shall have the option of (i) payment in full for the interconnection costs including the time value of money during the construction of the interconnection facilities and providing a Bond. Lettcr of Credit or comparable assurance of payment acceptable to the Company adequate to cover the interconnection cost estimates, (ii) payment of monthly invoices from the Company for actual costs progressively incurred by the Company in installing the interconnection facilities, or (iii) upon a showing of credit worthiness, making equal monthly installment payments over a period no longer than thirty-six (36) months toward the full cost of kriterconnectioriAn the latter case, the Company shall assess interest at the rate then prevailing for thirty (30) day highest grade commercial paper, such rate to be specified by the Company thirty (30) days prior to the date of each installment payor ent by the QS. C. Interconnection Charge for Variable U0111YExtictiscs The QS shall be billed monthly for ths, variable utility expenses associated with the operation and mairittitanw, of the interconnection fiwilities, These include (A) the Company's inspections of the interconnection facilities and (b) maintenance of any equipment beyond that which would be required to provide normal electric service to the QS if no sales io the, Company wereinvolved. In lieu of payment for actual charges the QS may pay a monthly charge equal to a percentage of the installed cost of the interconnection facilities as provided in COG -1. Taxes and AssessigillLs In the event that FM becomes liable for additional taxes, including interest and/or penalties arising from an Internal Revenue Service's determination, through audit ruling or other authority, that M.'s payments to the QS for capacity under options B, C, D, H or for energy, pursuant to the I fixed Energy Payment Option D are not fully deductible when paid (additional tax liability), FPL may bill the QS monthly for the costs, including carrying charges, interest an&or penalties, associated with the fact that all or a portion of these, capacity payments are not currently deductible for federal nnd/or state income tax Purposes. FpI., at its option, may offset these costs against amounts due the QS hereunder, These costs would be calculated so as to place FPL in the same economic position in which it would have been if the entire early, levelized or early levelimd capacity payments or the Fixed Firm Energy Payment had been deductible in the period in which the payments were made. If FPI, decides to appeal the Internal Revenue Service's determination, the decision as to whether the appeal should be made through the adm inistrative or judicial process or bods, and all suhwquetu decisions pertaining to the appeal (bath substantive and procedural), shall rest exclusively with FPL, (Contimied on Sheet No. tO3M Issued by: Tiffany Cohen, Senior Director, Regulatory Rates, Cost of Service and Systems Effective: January 1,2022 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 35 FLORIDA PONVF.R & LIMIT COMPANY (C',ontiraced from Sheet No. 10.306) TERMS OF SERVICE Attachment A Original Sheet No. 10.307 (1) It shall be the QS's responsibility to inform the Company of any change in its electric generation capability. (2) Any electric service delivered by the Company to a QS located in the Company's service area shall be subject to the following terms and conditions: (a) A QS shall be metered separately and billed under the applicable retail rate schedule(s), whose terns and conditions shall pertain. (b) A security deposit will be required in accordance with FPSC Rules 25-17.032(5) and 25-6.037, F.A.C., and the following: (i) In the first year of operation, the security deposit should be based upon the singular month in which the QS's projected purchases from the Company exceed, b}}r the greatest amount, the Company s estimated purchases from the QS. The security deposit should he equal to novice the an of the difference estimated for that month. The deposit is required upartinteraxmcction. (ii) For each year thereafter, a review of the actual sales and purchases between the QS and the Company will be conducted to detemtooc the actual month of maximum difference. The security deposit sbould be adjusted to Huai twice the greatest amount by which the actual monthly purchases by the QS exceed the actual sales to the Company in thrrtmonth. (c) The Company shall specify the point of interconnection and voltage level. (d) The QS must enter into an interconnection agreement with the Company which will, among other things, specify safety and reliability standards for the interconnection to the Company's system. In most instances, the C'.ompany's filed Interconnection Agreement for Qualifying Facilities will be used, however, special features of the QS or its interconnection to the Company's facilities may require modifications to this Interconnection Agreement or the safety and reliability standards contained therein. (3) Service under this rate schedule is subject to the rules and regulations of the Company and the Florida Public Service Commission. SPECIAL, PROMONS (1) Special contracts deviating from the above standard rate schedule are allowable provided the Company agrees to them and they are approved b} the Florida Public Service Commission. Issued by. S. Ev Romig, Director, Rates and Tariffs Effective: tviay22, 21307 1,35 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 36 Attachment A 91 tAlFx%AM^ U%PVTV.1% " X'gkyj."t I -.'"iVAViVN I urigirim ,nect iNii. twmim APPENDIX I TO WE SCHEDVLE QS -2 CAIZU1.ATION 0FVAIATF OF DEFERRAL PAYMENTS APPLI('MWjTY Appendix I provides u detailed dwoiption of the methodology used by the Company to calculate the monthly vultws of deferring or avoiding die Company's Avoided Unit identified in Schedule QS -2, When need in coiijunotton with the current FJl,'W-appmvod " paninift" associated with the Comlianys Avoided Unit conWried in Appm-&x 11, a QS "toy determine the appucv"e value of defimml Capacity payment raw noodste4 With the tinning and opetationofits particidw fa6lifyid-wold Ute QS euteriw a liwdanl 011er Contract with theODnipmy, CALCULATION OFVAITTF, OF DEFERRAL OPTION A FFSC Me 25-17.0832(5) specifies diat avoided cnpaily mats, in dollam per kilowatt per month, anodated with capacity sold to a amity by a QS Pursuant to the Cmpanyls Standard Offer Contract slmfl be defined u thc)var•byjcur value ofde&md of the Company's Avoided Unit. Tlicycar4j- year value of delerrul shall be the dillerence in revenue requiremmw associated with deferring the Conpany's Avoided Unit one year, and shad be culculided as roll"Al: Whcrc, for a one yeardvierrid: VACm = uWityv monthly value of avoid mmeity and 0 &M, in Ji)llare per kdowatj per month. tiir such month or year It, K p—t Value of ourfiroi chargee for one dollar of investment over L yew vial carrying Charges computed using ave"t fuinual raw base and awunud to be paid at the middle of ca,;h yew and present valued to die middle of the first year, R (I + ie) A (I fix tont direct and indirect colt, in mid -year dollm M lilow Htl ituJuding AFIJD(' brit excluding CNVIP, of die Con i pulys Avided Unit with an it"vrvicv date of %vv 14 induding all idotdillublo and quairtitimWe (.xww relating 10 the comMuclion of the Conninny's Avoided Unit which uvWd have been paid had the Unit ben cvustru,tvd; 0. = total fixed operation and inainterianee expeive for duc year n, in mid -year dollars tvr kilowatt per year, of the Comlimy's Avoided U64 j, - mutual wid, the plant cost of the Couipany's Avoided Una(sl im manual esc-alation into osociated with the operation and maintenance exImse of the Cxrnpm3,s Avoided Unit(s), r M mumal discount rate, defined w the uLdityls inefementul ullin-w cm ofcapital; L - expected lift of the Compan)es Avoided Umt(sX mid year for which the CompaWs Avoided Units) is (tire) dateffed starting with its (their) ongnuil witicipated in-wreiee date(a) mid ending with the termination of die Conitimiys Standard Offer Ckintrad. (Continued <in Sheet No. 10.109) Issued by: S. L Romig, Director, Rates and Tariffs Effective: Alai 22,2007 1'3u ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 37 FLORMA PONVER & UGHT COMPANY (Continued from Sheet No. 10.309) CALCULATION OFFIXED VALUE OF DEFERRAL PAYMENTS- EARLY CAPACITY -OPTION B Attachment A Original Sheet No. 10.309 Normally, payinents for firm capacity shall not cornineme inail the in-service date of the Company's Avoided Unit(s). At the option of the hov —, I the Company may begin truildrig payments fir early capacity consisting of the c*tal cost component of the value of a ywr-by-p deferral o7 the Conilmny's Avoided Unit starting as early as the iii -service date of the QS facility. Nklien such payments for early, capacity are elected, the avoided capital cost component of capacity payments shall be paid monthly commencing no earlier than the CapacityDelivery Date ofthe QS, and shall be calculated as ILS M-1) � '- 1) Am — Ac . A, J�10 for M tot 12 12 Whom: A. - Monthly po,"ents to be rnaile to the QS for each Month 6fthe contract yearn, in ddhw pa kilowatt per month in which QS daliveri; capacity pusuarit to the early capecifyoption; i, = annual escalation rate wociaW with the plait cA,,*t ofthe Comrviy',z Avoided Lhaox = anatial escalation rate associated with the operation and maintenance exIieme ofithe Company's Avoided I 44t(sX - year for which the Exed value of deferral twmeras, under the early ca pacity opfion are made to a QS, Flirting in year one and imiling is the year t; t the term, in years, of the Standard OfferContrwt A F1 (I - R)1(1- W) I VIUMV F = the cuninlati ve present value, if) die year that the 0ontractuat payments 'Rill beg* 017016 avoidw cqital cost component of capacity puynicaw which would have been made bad ciiiiacity payments coin meaced with the anticipated, in-serviev date of the Cornimny's Avoided WKsl R (1 +4)1(1 +r) V munW, discount rate, defined as the Company's incremental after-tax cm of capital; and G I (I - fty(l - W) I Where: G The cumulative present value, in the you tint..the contractual payments wilt begin, of the avoided feed operation and aa0ntaiaa9e expertsa component of QVuiiy Muents, which would have becti me& had capacity lia),mante commenced iNith the anticipated in-service date of time Qvilianys Avoided Vnit(s), R (I +L)1(1 +r) 'Me airreatly approved paraineters applicable to the lonmdo above are found in Appcn&ll. (Contirawd on SluxtNo. 10310) Issued by: S. L Romig, Director,Rotes and Tariffs Effective: May 22,2007 1-31 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 38 (Continued from Sheet No. 10.309) Attachment A .Jnect iNo. CALCULATION OF FIXED VALUE OF DEFERRAL, PAYMENTS — LEVELMED ANI) EARLY LEVELIZED CA PA( rfY — OPTION C & OPTION D. RESPECTIVELY Wittily fixed value of deferral payments for levelized and early levelized capacity shall be calculated as follows: X PL = + 0 T2 (I + rJ4 Whcre: PL T the monthly levelized c"city payment, starting on or prior to the in- service date of the ConWiVs Avoided Unit(s); F the curnuladve preset vulac, in the year that t1u, contractual payinents will begin, of the avoided capital " component of the capacity puyincrits Much wadd have been in, had the capacity payments not been I evelim.]; the anutad disco unttate, defined as the Company'sincremental after-tax w5t ofcapital, t the term, in years, ofthe Standard Offer Conftwt; 0 the monthly fixed operation and maintenance component of the capacity payments, calculated in accordance with calculation or the fixed value of deferral payments for the levelized capacity or the early levelized capacity options, Issued by: S. E. Romig, Director, Rates and Tariffs Effective: May 22,2007 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 39 Attachment A gkkonth &Ykatertith Revised Sheet No. 10.311 FLORIDA POWF.R & JIGHTCONIPAUNY Revised Sheet No, 10.311 Issued bx: Tillany Cohen, Senior lArector, Regulatory Rates, Cost of Service and Systvin.'i kiTectiNv: 4*k-44-3494 APPENIM 11 TO RATESZ 1),124MAVOWED UNIT INFORMATION L The ComIxory's Avoided Unit has been determined to be l,"I'�%IWCombined C.YclrUxdtwith anin-service date ofJune 1, 20324441 and a conIntct heat rale of &_04L9_98 lJ4u/kNVk EXAMPIX STANDARD OFFER CONTRACT AVOIDED CAPACITY PAYMENTS FORA CONTRACT TERM OFTEN YEARS FROM THE IN-SFRVICE DATE OF THE AVOIDED UNIT ($/Kw1MO-NrrH) Option A Option 8 Option C Option D Coftntyear Norinal Capacity Early Capacity LevelizedCaparity Early LevelizedCapacity pivinent Klmlent pamynt paymynt 202,14 S - $ 2021-1 S $ 20254 S S S 2022-1 $ S $ 202"v, $ S S 20214 S S 146 S 3,88 20204 S 333 S • S 3.98 2 M44 $ - $ 3.618 S S 188 20314 - S 3.611 S 4,44- 3.88 20321_ S 5,90 S 3.76 S 6,41 1.88 2033-= S 6.02 S 3,94 S 6.41 S 3.88 203113 $ 6.15 S 3,92 $ 6,41 $ 3,89 20 =1 S 6.28 $ 4,00 S 6.41 S 3,88 203t.s S 6AI S 4,029 $ 6,41 S 3,88 203'4 $ 6,54 S 4.17 S 6.41 S 188 2038.2 S 6.68 S 4,26 S 6AI S 3.88 20 29 S 6.82 $ 435 $ 6,41 $ 3.88 20 tom- $ 6.974 $ 4.44 $ 6.41 $ 1,88 20410 S 7,11 $ 4,50 S 6,41 $ 3,98 F -S I LNIATEM ASLAVAIIABLE MERCY COST For Infortuatiorialliurpo^ the most recent ealusatedinereirwistal avoided ertem costs for the next ten years will be provided within thirty, (JO) days of written guest. ESTIMATED UNIT FUEL JC'OST8(9/11N1Btu)-. The toost recent ostiarated unit fuel costs for the CouVaTiy's avoided unit sill be providedulthin t" (30) d,,kvs of mwirtm mqueA. Issued bx: Tillany Cohen, Senior lArector, Regulatory Rates, Cost of Service and Systvin.'i kiTectiNv: 4*k-44-3494 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 40 "RIDA MINFIR & LIC ITMOMPANY Attachment A *N;W4-jV&Rr,vKcd Sbeet No. 10.311.1 No. 10.311,1 L03Z;4.4 AVOIDED UNIT FIXED VALUE Or DEFERRAL PAYMEWS Mitre, for a one-year cloferTaf: VA" ConVany'f, value of avoided capacity mid O&M, in dollars per IWQWdtt per nMith, dMiM- Month rn; K presentvalue ofearTying charges for one dollar of inve.nwnt over 1, years ivithcanying charges conix9edusing average annual natebwsc andasmuned to be plid at the rniMe ofeach year and prammtvalkied to the middle afthe first yter; In total direst and indirect oast; in mid -year dotlarsper kilowatt inelatfing ArCDC but excluding CMP, of the Company'sAwidedUnit with an in-stziw date ofycaLll, C6 total fixed opx radar and main rtee exlx tie, for the year n, in and-yAwlkillars per kilowan per year, ofthe Comparly's Avoided Unit. i, annual escalatiorl rule associated with the plant "t of the (Avlpmry's Avoided Unit, ill annual escalation rate awwaled wifit the operatim and imilintermce expense ofthe Companys Avoided Unit, annual discount rate, defined as the Cornpanys increrneritall after-tax cost ofeapital; 11 - expected life of the Compatrys Avoided Unit-, n = year far which the Company's Avoided Unit is defemA starting with its origrijual anticipated in-service (late and ending, with thelernination ofthe Stan dald OtTer Cauract, MED, VALUE OF DEFERRAL PAYMNTS - EARLY CAPAMY OYMIN PA"METERS A. . monthly capacity payments to be trade to the QS slatting on the year the QS elocts to start receiving early capacity payunj&, in doUars per kilowatt per trwitth, i, . at alual escalation ate associated with the plant cost ofthe Corripanys Avoided Unit; = orinual escalation rate associatedwith the operation and irsailvenance exl)ew ofthe collvwlv's Avoided Unit, n year for which early capacity payruents to a QS me to bon; (at the election ofthe QS early cepwityplayntents may comnefloc any tilliellfter the actual ill-SeMw date ofthe QS facility and belbretbe anti6lyAted in.-&viec date orthe C<sr"V, avoidedunit) r the cumulativelvegentvaloa ofthe avoided capital eruct eonVonent of capacity 1myrnents which would have been made hadc-,q)acity payment-, murnenoed with the anticipated ill-41vice date ofthe Qmvpanys Avoided Unit mid ccavinued for apetiod of 10 years, r annual discount rate, dafinadas the Company's incremental atter-tax cast ofcapital; the terra, inyears, Qflite StandardOfferContract for the purchase of firm in the year the QS dects to start receiving early capacitypaytocrits prior to thein-sarvice date ofthe Cw� gany's Avoided unit; ti the conadative present vatte ofthe w6ded fixed opetation and numaolanee ")emse ccluiponall ofealucity pay inewis which wotdd bavebeen made had capacity payinents commenced with the anticipated in-servicv, date ofthe Cornpanys Avoided Unit and confirmad for a penodof to year,, *Frcova Apperldix E Issued by. Tiffany Cohen, Senior Director, Regulatory Rates, Cost of Service and Systems Effective: Jo4-94OU )W= $5S92po l'4jLq4U S 2U_0*4_U $14,6U 2.00% 2,50% 7494M 5044 20324 2.00% 2,50% S I I JLtA';'4 1,4() ORDER NO, PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 41 Attachment A FLORIDA POWER & LIGHT CONIPANY Ori ' ial Sheet No. 10312.1 1-4 VALUE OF CAPACITY LOCATION 13 18 �� 17 15 ... ,(0 ...._ e j � *FOR ILL USTR4TI1 E PURPOSES ONLY # 4 3 Issued by: Tiffany Cohen, Senior Director, Regulatory Rates, Cost of Service and Systems Effective: January 1, 2022 Location Penalty Factor 1 Turkey Point 0.971 Z Dania Beach 1.000 3 West County 0.962 4 Ft. Myers 0.983 5 Riviera 0.958 6 Martin 0.944 7 Okeechobee 0.948 8 5t. Lucie 0.940 9 Manatee 0.945 10 Cape Canaveral 0.948 11 Sanford 0.954 12 Putnam 0.953 13 Scherer 0.940 14 Blue Indigo 0.919 15 Lansing Smith 0.948 16 Eglin 0.991 17 Halley 1.000 18 Crist 0.990 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 42 FIX)RIDA PONVER & 1033 ITCOMI'ANNY Attachment A Second Revised Sheet No. 10.313 Cancels- First Revised Sheet No. 10,313 JAPPE-MIX R TO THE STANDARD OFFER CONTRACT FOR THE PURCHASE OF FIRIM CAPACITY AND ENERGY FROM RMWAHLE ENERGY FACHATMS OR QUALIFYING FACILITIES WITH A DESIGN CAPACITY OF log XW OR LESS PAY FOR PERFORMANCE PROVISIONS MONTHLY CAPACITY PAYMENT CALCULATION 1. Monthly Capacity Payments (MCP) for each Monthly Billing period shall be, computed nocordingto the fdlowing: A, India emit that the Annual Capacity Billing Factor (AC BF") u defined below, is less thau Mai., than no Monday Capacity Payment shall be due, That is; MCP — 0 In the event that theACBFis equal toorgreater than 80%but less than 946/6,then the MouthlyCapacity by usiTW the loumvitig formula - - MCP- f3CP.-. [1 14x(AC8F-94%)jxCC C. In do event that the ACBF is equal to or greater than 940,6, then dur Monday Capacity Pxfnmit shall be calculated by using the MioNving romidic MCP- BCP x a: %Vhere: MCP BCP Ile" Caimcity Payment in S"IMonshas specified in FPVs Rate SdWuleQS-Z. CC Committed Capacity in KW. ACBF Annual Capacity Billing Factor. This factor is calculated using the 12 monalis rolling average ofthe Monday Capaity Factor, This 12 Inonal rolling average "I be defused as dw Vum of am 12 consecutive Monday Cupwity Fack'n; preceding the date of calculation, divided by 12, During the first 12 consecutive Monday Bil ht* Periodst, cettiaactteiitg with the first Monday Billing Period in which Capacity payments are to be mikiii, the calulatum of the Annual Capacity Billing Factor shall be performed as follows: (a) doing the first Monthly M114 Period, dieAnnualCapacity Billing Factor shall be equal to the Monthly Capacity Factor (b) thereafter, the calculation of the Annual Capacity Billing Factor shall beconituttod by dividing the sunt of the Monthly Capacity Factors during the first yftev Monthly Billing Periods in which Capacity payments are to be 1118110 by OW RMUM 017NIMMY Billing I'MiOdO WhiCh have elapsed. This calculation shall be performed at the end of each Monday Wing period w1fil en outat Monday Billing Porioils love deprod to calculate a true 12 -mouth rolling avenge Annual Capacity Billing Fwtor. Periods durnq which die Facility has tertrixxmily set ita CA)mmiued Capacity equal to 0 KW due to a Force Majeure event pursuant to Section 16 shall be excluded from the applicable capacity factor calculation, MCF Monday Capacity Factcv. The two of (i) the Hcurly Factors of the Non -Dispatch H,'Aus plats (ii) the Hourly. Factors of the Diqmtch Hours or the Hourly factors of the hours when FPL requested reduced deliveries pursuant to Secticim 3.4.6 and SAS (Reduced Delivery Hour); divided by the number of hours in the Monthly Billing Period. HFNDH Hourly Factor *fa Non -Dispatch Hour, The energy received during die hour divided by the Committed Capacity, Fcc purposes of calculating the Hourly Factor of a Non -Dispatch flow the energy moeived shall not exceed the Committed Capacity. HFDH Hourly Factor of a Di soh Hour or a Reduced Delivery Hour, The wheduled energy received divided by the scheduled energy rixituisted. For purposes of calculating die Hourly Factor of Dispatch Hour or die Hourly Factor ofa Reduced Delivery Hour the scheduled energy received shall not exceed the scheduled energy requested. On -Peak Hours -'I'hw hours occurring April I through October 31 Mondays through Fridays, from 12 nom to 9:00 p.m. excluding Memorial Day, Independence Day and Labor Day; and November I through March 31 Mondays through Fridays from 6.00 win, to MOO R.M' mid 6:00 pm, to 10:00 pm, prevailing Eastern time excluding Thanksgiving Day, Christmas Day and New Year's Day. FPL shall have the right to charge smeh Ott- Peak Hous by providing the QS s unninium of thirty calendar days'adviincenotice, Monthly Baling — The period liquiming on the fast calendar day of each cal"Wor mouth, except that the initial Monday Baling Period period shall consist of Die period begiuning 12.'01 am. on the Capacity Delivery Period Date and anditig with die last calendar day osuch month, Scheduled Energy and Dispatch Hours are us: defined in Section 8.4.7 ofthe Standard Oft Corm or, ]-sued by: S. E. Roinig, Director, Rates untlTuriffs Effective; August 27, 2015 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 43 Attachment A r i.vruliA.rUrrr tt ac l tktti wNii AIV t Vnguutl meet 1No. to.s 14 APPENDIX C TO TILE STANDARD OFFER CONTRACT TERMINATION FEE The Termination Fee shall be the spm of the values for each month beginning with the month in which the Capacity Delivery Date occurs through the month oftermination (or month of ealculation, as the case maybe), computed according to the following formula: Termination Fee =Tenuination Fee applicable to Capacity Payment Option plus Termination Fee applicable to Fixed Firm EnerLv Option Termination Fee anplicable to Capacity Payment Options R C. D and E where: £ (NIC`I, - WNW` with: MCPC -0 hbr all periods prior to the in-service date of the Company's Avoided Unit i = number of file Monthly Silting Period eommetcing with die Capacity Delivery Date ti.e., the month in which Capacity Delivery tie ocetm = i; the month following the month in which Capacity Delivery Dole occurs =2;eta) it the number of Monthly Billing Periods which have elapsed from the tramth at which the Capacity Delivery Date occurs though file month often anation (or month of ealculationi, as the case rmhybe) t the future value of an amount factor necessary to compound a sum monthly so the annual percentage rate derived will equal FPL's incremental after-tax avoided too of capital (defined as r in Q)3-2). For any Monthly Billing Period in which MCW' is greater than MCP., t shalt equal 1, MCR - Monthly Capacity Payment paid to QS coireaponding to the Monthly Billing Period h calculated in accordance with Appendix B. MCPO - Monthly Capacity Payment flit Option A oorrmponding to the Monthly Billing Period i, calculated in accordance with QS -2 In the eveait that for any Monthly Billing Period, Ste computation of tie value ofdle Capat6ty PaymentTemnipation Fee tot su di Monthly Silting Period (us set forth above) yields avulue equal to orgreater data zero, the ammutt of tic Capacity Pa) meat Tetmuration Fee shall be increasedby the amount ofsuch val tic, In due event that for any Monthly Billing Period, the eamputatitni of the value of die Capacity Payment Termination Fee for such Monthly Stilling Period (its set forth above) yields a value leas than zoo, the amount of the Capacity Payment Termination Fee shall be decreased by the amount of such value expressed as a positive number (the "hnidal Reduction Value)-, provided, however, that such buttal Reduction Value shall be subject to the foilovaing adjustments (the Initial Reduction Value, as adjusted, the "Reduetiat Value`): a. In the event that in the applicable Monthly Billing Period the Annual Capacity ailing Factor (ACBl), as defined in Appendix B is less than 804ro, then the Initial Reduction Value shall be adjusted to eghal zero (Reduction Value - 0), and the Capacity Payment Termination Fee shall not be reduced for the applicable Monthly Billing Perked. b. In the event that in the nppli nible Monthly billing Period the Annual Capra ity Billing Factor (ACBF} as defined in Appendix B, is equal to or greater than 80% but lass than 94%, lien the Reduction Value shall be determined as follows: Reduction Value- Initial Reduction Valuex [0.04 x (ACBF —94%)] For the applicable Monthly Billing Period, the Termination Fee shall be reduced by the amount ofsuc h Reduction Value, In no event shall Fit. be liable to the QS at any time fol -any amount by which the Capacity Payment Termination Fee, adjusted in accordance with the foregoing, is less than z£tu(0). Termination Fee almlicab a rp the Fixed Firm Fnernv PaXmeut, Ontion D 1b -lo in-service date ofavoidcaitmit The Termination Per for the Fixed Finn EnergyOption ption shall be equal to the cumulative sham of the Mod Firm Energy Payments made io file QS pursuant to Oirtion D, starting with die in-setvicv date of Ile CSS facility, fete each billing cycle. Such number shall ruadi die maximum amount avn the Whig g cycle immediately preceding file billing cycle asaheimed with the fn -service date ofthe Avoidedunit. After int -sem ice date of avoided unit The Termination Fee shall be decreased eseh hitting cycle following the in-service date of the avoided tacit by an amount equal to the diftertnce b mvicen the projected Fixed Energy Cost that was used in fire calculation to detemane file base energy cost to be fixed and amortized purruant to Option D for such billing cycle mud the amortized Fixed Firm Energy Payment in maWK WH times the energy delivered by the QS not to exceed the M%Vtl block specified in Appendix E. Issued by: Tiffany Cohen, Director, Rates and Tariffs Ef ective. J lute 9, 2020 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 44 Attachment A r'rAl1UUR VIM 11,14 & UILA'.II t.:L)&7t'AIN V Orip-hul Nl)ctt No. 111.315 APPENDIX A TO THE STANDARD OFFERCONTRAC,T DETAILED PROJE I I\F'ORMAIION Each eligible Contract received by PPL will be evaluaaed to detertnne if the underlying QS project is firtancially and tecMeally viable. The QS Shall, to die extent available, provide PPL with a cica:ailed project proposal which addresses the information requested below. 1. FACILITY DESCRIPTION • Project Name • Project Location • Street Address • Site Plot Plan • Legal Description of Site • Generating Technology • Facility Classification (include types from statute) • Primary Fuel • Alienate Fuel (ifapplicable) • Committed Capacity • Expected In -Service Date • Steam Host (for cogeneration facilities) • Street Address • Legal Description of Steam Host • Host's armtad steam requirements Obs/yr) • Contact Person • hrdividual'sNanacandTitle • ConrpxuuyNarue • Address • Telephone Number • Telacopy Number IL PROJECT PARTICIPANTS • Indicate the entities responsible for the following project management activities and provide a detailed description of the expericnce and capabilities of the catitics; • Project Developtnent • Siting and Licensing the Facility • Designing tine Facility • Constructing the Facility • Securing the Fuel Supply ♦ Operating the Facility • Provide details on all electrical generation facilities which are currently [order construction or operational which were developed by the QS. • Describe the financing structure for the projects identified above, including the type of financing used, the permanent financing term, the major lenders, and the percent tge of equity invested at financial closing. (Contimied on Sheet No. 10.316) Issued by: S. E. Ronrig,Director, Rates and Tariffs Effective: May 22, 2007 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 45 r 1.vnrrJH r. v vr.r..n br t.rutr r 1,ILJMYAI4 Y (Continued from Sheet No. 10.315) 111. FUEL SUPPLY Attachment A Sheet loo. 111.316 • Describe all fuels to be used to generate electricity at the Facility. Indicate the specific physical and chemical chmacteristics of each fuel type (e.g., Btu content, sulfur content, ash content, etc.). Identify special considerations regarding fuel supply origin, source and handling, storage and processing requirements, • Provide annual fuel requirements (AFR) necessary to support the requirements pursuant to Section 366.91, Florida Statutes, and the planned levels of generation and list the assurnptitms used to delenuino these gtrotttities. • Provide a suuthtnnary of the status of die fuel supply armVements in pace to mcct the ARFR in each year of the proposed operating life of the Facility. Use the categories below to describe the current arrangerneut for securing to AMR Category Description of Fttel Supply Arramcment fuel is from a fully dcveiaped owned = source awned by one or more of the project participants contract = fully executed firm fact contract exists between rte developet(s) and fuel styhplier(s) 1.01= a letter orint"d fir the tile[ supply exists between developer(s) and duel supplier(s) REF — renewable energy faedity will bran biomass, waste, or another renxrvable resource spot = fuel supply will be purchased on the spot market none = no firm firer supply arrangement currently in place Other = fuel supply arrangetnett which does not fit arty of the above categories (pease describe) • Indicate the percentage of the Facility's AM which is covered by the above fuel supply arrangemcnt(s) for each proposed o1mratirw year.'rhe percent of AFR covered for each operating year mast total 100%, For fuel supply arrangements identified as owned, contract, or LOI, provide documentation to support this category and exl)lain the fitel price mechanism of the arrangement. In addition indicate wheder or trot the fuel price includes delivery mid, if so, to what location. • Describe fitel tramportation networks available for delivering all primary and secondary Ciel to the Facility site. Indicate 11t mode, route and distance of each sc-gtmcrtt of the journey, from fiel source to die Energy Facility site. Discuss Ute current status and pertinent tactors impacting future availability of the transportation network: • Provide annual fuel Mia. ortatirsn requirements (AFfR) accessary to sttpport planned levels of generation and list the ass utnptiotu used to deternune these quarififies, • Provide a summary of the status of the fuel trrutsportation arrangements in place to meet the ATTR in each year of Ute proposed operating life of tore Energy Facility UW the categories lelow to describe the current arrangement for securing the AFrR. owned fuel transport via a fully devetopxi system owned by one or more of the project participate MUM M fitly executed firm transportation contract exists between the developer(s) and fuel transporter(s) 1.171— a letter ofinten# for fuel irarrslxxt exists between developer's) and firel transporter(s) SpcA = fuel transition will be ptrehased on the spot market none - no Finn fuel transportation arrangement ment currently in place other - fuel transportation arrangement which does not fit arty of the above categories (please dttmibe) • Indicate the percentage of the Facility's AFR which is covered by the above fines supply arrangement's) for each proposed operating year, The percent of AFR covered for each operating year must total 1000%. For fuel supply arnmitements identified as owned, conlract, or LOT, provide documentation to support this category and explain the transpwrtation price mechanism of the anartgement. • Provide the maximum, minimum, and average fuel inventory levels to be maintained for primary arks secondary fuels at the Facility site, List the assumptions meed in determining Ute inventory levels. (t Trimmed an Sheet No. 10.317) Issued by, S. i? Romig, Director, Rates and Tariffs Effective: May22,2007 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 46 t'LIJJV.Vt1 t"VYY nm of t,tlstlt 1.V1Vll"HIV .r (Continued from SheetNo.10.316) IV. PLANT DISPATCHABTLITY/CONTROLLABII,TTY Attachment A 'sneer iso. tu..at i • Provide the following operating characteristics and a detailed explanation supporting the performance capabilities indicated. + Ramp Rate (MW/minute) + Peak Capability (%o above Committed Capacity) + Iafinimum power level ("/• of Coaunitted Capacity) + Facility Tuunnarotind ,rime, Hot to Hot (liours) + Start-up 11mc front Cold Shutdown (harts) s Unit Cycling (4 cyclestyr) + MW and MVAR Control (AGC, Mamtal.Other (glease explain)) V. srrING AND IdCFNSING • Provide a licensing/permitting milestone schedule which lists all permits, licenses and variances rectuired to site the Facility 'Itte milestone schedule shall also identify key rtolestont dates for baseline nxrrtiWriM application prepailhott, agowy review, oerfification and licertsing/siting board approval, and agency permit issuance. • Provide a lieensinglpormittin>;g plan that addresses the issues of air emissions, water use, wastewater discharge, wctfand,, endangered species, protected properties, solid waste, surrounding Land use, zoninR for the Facility, associated linear facilities, and support of and opposition to the Facility. + List the emissiottefYluent discharge limits the Facility will meet, and describe in detail the pollution control equipment to be used to meet these limits, VT. FACILITY DEVELOPMENT AND PERFORMANCE • Submit a detailed engineering, Procurement. construction, startup and commercial operation schedule. 'Ma schedule shall include trilestdnes for site acquisition, engineering phases, selection ofthe tnalor equipment vendors, architect engineer, EPC contractor, and Facility operator, steam host integratim and delivery of major equipment. A discussion ofthe current status of each milestone should also be included where applicable. • Attach a diagram of the power block arrangement. Provide a list of the major equipment vendors and the name and nuxlel number of the major equipment to be bisdalled. • Provide a detailed description of dw proposed envirorauentat control technology for the Facility and describe the eapalilitie ofthe proposed technology, • Attach prelirnimary flaw diagrams for the steam system, water system, and fuel system, and a main electrical one line diagra n for die Facility, • State die expected heat rate (HHV) at 75 degrees Fahrenheit for leads of 100%, 75%, and 50%. [n addition, attach a preliminary heat balance for the Facility. • [NOTE: add any requirements related to demonstrating that the facility meets the requirements under the statute or applicable rules) (Continued on Sheet No.10.318) Issued l*- & L Romig, Director, Rates and Tariffs Effective: May 22, 2007 IAS ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 47 riAjnu,YAx-tow-rj, m rake ttjiNirxNY (Continued from Sheet No, 10.317) Attachment A VIM An. IU -i t is VIL MANCIAL • Provide FPL with assurances that the proposed QS project is finaricially viable consistent with FPSC! Rule 25-17.0832(4) (c) by attaching a detailed pro4certa cash flow analysis. The pro-fortita mutt include, at a rninintuart, the following assumptions, for each year of the project. # Annual Project Revenues • Capacity Payrrients ($ and $/KWNo) • Variable O&M ($ and SAM) • Energy ($ and $MNVh) • Steam Revenues (S and */.A b,) • Tipping Fees ($ and $/ton) • Interest Inconic • Other Revenues • Variable O&M Escalation (%/yr) • Energy Escalation (*/*(yT) • Stearn Escalation (*/.Iyr) • Tipping Fee Escalation (!Wyr) + Annual Project Expenims Fixed O&M ($ and SIMMO) • Variable O&M ($ and MfWh) • Energy ($ and WWII) • property Taxes ($) • Insurance ($) • Emisision Contpliame ($ Mut $/M" Depreciation (S and Wyr) • Other Expenses (S) • Fixed O&M Escalation (*,'*'yr) • Variable O&M Escalation Energy Escalation (NYT) * Other Project Information • Installed Costofthe Energy Facility (S and SIM) Corturatted Capacity (KW) • Average Heat Rate - HHV (MBTU4(%Vh) • Federal Incom Tax Rate (%) • Facility Capacity Factor (04) • Energy Said to FPL (MWH) 4 PeMMVW Financing • Permanent Financing Tam (yrs) • Project -Capital Structure (percentage oflong-tenn debt, subordinated debt, tax Ment debt, and equity) • Financing CosK (cost oflong-term debt, subordinated debt, tax exempt debt and equity) • Annual Interest Expense • Annual Debt Service ($) • AmortizAtion Schedule (beginning belarice. interest expense, principal reduction, ending balance) Provide details of the finaming plan for the project and indicate whether the project will be non-recourse project financed, It it will not be project financed please explain the alternative financing arningentent. • Submit financial statements for the last two years c4i the principals of the project, and provide an illustration of the project ownership structure. Issued by: S. F- Romig, Director, Rates and Tariffs Utective: May 22,2007 ORDER NO. PSC -2022 -0203 -PAA -EQ DOCKET NO. 20220072 -EQ PAGE 48 Attachment A FLORIDA PONYF.R & I IGIIT COMPANY Original Sheet No. 10.3.19 APPENDIX E TO THE STANDARD OFFER CONTRACT CONTRACT OPTIONS TO BE SELECTED BY QS Term of Contract Execution date Termination date Firm Capacity Rates Commencement date for deliveries of Film Energy and Capacity Capacity Payment Option Selected (from available Options A through E) If Option E is selected proposed payment stream: Schedule of Capacity Payments to be provided by the Company based on applicable parameters follows: Year $iKNVAlonth Energy Rates Energy payment Options selected applicable to crtergy prMueed by the QS and delivered to the Company (from available Option A or B and D) Select from Option A or 13 And Select I) .. , 1fOption D is selected by the QS, the Company and the QS mutually agree on fixing and amor"ng the following portion of the Base Energy Costs associated with the Avoided Unit which yields MWIi Pre>je ctti.d Energy Cant of Energy PrWitowl by Avoided Unit (provided by the Company): Year Proiecied Fixed Enemy Cost (n Cents/KW H or in Dollars) Based on the projections of Energy Cow Produced by the. Avoided Unit and the mutually agreed upon Portion of the Base Fnergy Costs associated with the Avoidal Unit the Fixed Energy Payment shall be SIMWH or $ (as applicable). Issued by: 8, E. Romig, Director, Rates and Taritts Effective: May 22, 2007 1,4S JEFFREY R. SMITH, CPA, CGFO, CGMA °°UNTy '• Clerk of Circuit Court & Comptroller Finance Department 1801 271' Street ° Vero Beach, FL 32960 Telephone: (772) 226-1516 TO: Board of County Commissioners FROM: Elissa Nagy, Finance Director THRU: Jeffrey R. Smith, Clerk of the Circuit Court and Comptroller DATE: May 13, 2022 SUBJECT: Quarterly Investment Report for Quarter Ending 3/31/2022 BACKGROUND a s Attached to this memorandum is the composition of the investment portfolio and investment earnings for the second quarter of fiscal year 2022. This report was reviewed by our investment advisory committee on May 12, 2022. RECOMMENDATION Staff recommends that the Board of County Commissioners accept the attached Quarterly Investment Report. N. JEFFREY R. SMITH, CPA, CGFO, CGMA Clerk of Circuit Court & Comptroller Finance Department 1801 27t` Street Vero Beach, FL 32960 Telephone: (772) 226-1516 Indian River County Investment Advisory Committee Quarterly Investment Report January 1, 2022 through March 31, 2022 INVESTMENT POLICY In accordance with Section 218.415, Florida Statutes, the Board of County Commissioners adopted an Investment Policy to govern the investment of county funds by the Clerk of the Circuit Court & Comptroller. The Policy states the primary objectives of investment activities are to preserve capital and to provide sufficient liquidity to meet the cash flow needs of the county. Investment returns are secondary to the requirements for safety and liquidity. INVESTMENT ADVISORY COMMITTEE An Investment Advisory Committee meets quarterly to review the previous quarter's investment activities, evaluate current and future liquidity needs, and recommend investment strategies. The Committee consists of the County Administrator, or his designee, and a minimum of two qualified citizens with investment or financial management expertise. Kristin Daniels, Budget Director, is the County Administrator's designee. The individuals with investment expertise who have agreed to serve are: David W. Griffis, Founding Principal Vero Beach Global Advisors, Ted Libby, Senior Portfolio Manager with Cypress Capital Group; and Bill Penney, President & CEO of Marine Bank and Trust Company. Also present at the meetings are the Clerk of the Circuit Court & Comptroller, Finance Director, and Internal Audit Director. AUTHORIZED INVESTMENTS As permitted by the Investment Policy, surplus funds were invested only in the following types of investments: Federal Farm Credit Banks bonds and discount notes (FFCB), Federal Home Loan Banks bonds and discount notes (FHLB), Federal Home Loan Mortgage Corporation bonds and discount notes (FHLMC), Federal National Mortgage Association bonds and discount notes (FNMA), Treasury Notes and Bills, Other intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act as provided in F. S. 163.0 1, Certificates of Deposit (CDs), Money Market Funds, and Repurchase Agreements. BOND PROCEEDS INVESTMENT The current water and sewer bond reserve is held by Bank of New York/Mellon and is presently invested in a treasury bill. QUARTERLY AVERAGE YIELD The overall average yield for the quarter ended March 31, 2022 was 0.32%. The overall average yield for the quarter ended December 31, 2021 was 0.24%. E INVESTMENT ACTIVITY As of March 31, 2022, the investments portfolio book value was $501,647,642 with a market value of $494,774,004. Of the $501,647,642 portfolio total, $389,416,437 is restricted for the following purposes: $ 126,623,794 Special revenue projects $ 443,063 Debt service $ 93,550,852 Capital projects $ 168,010,327 Business -type activities 788,401 Fiduciary funds $ 389,416,437 TOTAL RESTRICTED CASH BY FUND TYPE (PERCENTAGES) Fiduciary Special Business- 0.2% Revenue Type Portfolio by maturity date bar graph Schedule 4 5% 32. 43.2°/ Investment purchases, calls and maturities for the quarter Schedule 6 Debt Schedule 7 Service Schedule 8 0.1% Capital Projects 24.0% The weighted average maturity of the treasury and agency investments as of March 31, 2022 is 17 months. Coupon yields on the individual investments ranged from 0.08% to 2.02%. Information on investment activity, total cash flows, interest earnings, and charts providing additional information regarding the investment of surplus funds such as the portfolio composition and maturity distribution are attached. The attached schedules list the portfolio composition and activity for the quarter ending March 31, 2022: Schedule 1 Portfolio sorted by type of debt instrument Schedule 2 Portfolio sorted by maturity date Schedule 3 Portfolio by maturity date bar graph Schedule 4 Portfolio by type pie chart Schedule 5 Investment purchases, calls and maturities for the quarter Schedule 6 Summary of cash flows and balances by month Schedule 7 Interest earnings summary Schedule 8 Allocation of investments by fiord types (unrestricted and restricted balances) 10 Schedule 1 Indian River County, Florida Board of County Commissioners Investments By Type March 31, 2022 Treasury Note 912828ZDS 0.500% 02/15/22 03/15/23 0.96 1.217% $ 3,000,000.00 $ 2,977,031.25 11 1 of 03/31/22 Coupon/ Purchase Maturity Years To Yield To Original Portfolio Investment Type CUSIP Yield Date Date Maturity Maturity Par Amount Book Value % FFCBCallable 3133EMMU3 0.120% 01/13/21 04/13/22 0.04 0.120% $ 3,000,000.00 $ 3,000,000.00 FFCB Callable 3133EMEB4 0.140% 10/22/20 04/22/22 0.06 0.140% $ 3,000,000.00 $ 3,000,000.00 FFCBCallable 3133EMQA3 0.080% 02/18/21 05/09/22 011 0.080% $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 3133EMGP1 0.150% 11/17/20 05/16/22 0.13 0.162% $ 3,000,000.00 $ 2,999,460.00 FFCB Bullet 3133ELZN7 0.160% 05/18/20 05/18/22 0.13 0.237% $ 3,000,000.00 $ 2,995,410.00 FFCB Bullet 3133EMPR7 0.100% 03/17/21 08/02/22 0.34 0.121% $ 3,000,000.00 $ 2,999,130.00 FFCBCallable 3133ELMF7 0.120% 12/22/20 09/22/22 0.48 0.120% $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 3133EMDA7 0.160% 11/02/20 10/13/22 0.54 0.165% $ 3,000,000.00 $ 2,999,700.00 FFCB Bullet 3133ENBT6 0.180% 11/23/21 01/25/23 0.82 0.308% $ 3,000,000.00 $ 2,995,500.00 FFCBCallable 3133EMQH8 0.110% 02/10/21 02/10/23 0.87 0.110% $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 3133EMRQ7 0.100% 03/17/21 02/24/23 0.90 0.156% $ 3,000,000.00 $ 2,996,760.00 FFCB Bullet 3133EMSS2 0.125% 05/07/21 03/09/23 0.94 0.152% $ 3,000,000.00 $ 2,998,500.00 FFCBCallable 3133EMSTO 0.140% 03/10/21 03/10/23 0.94 0.140% $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 3133EMG97 0.140% 07/01/21 05/09/23 1.11 0.225% $ 3,000,000.00 $ 2,995,260.00 FFCB Bullet 3133EMYX4 0.125% 05/10/21 05/10/23 1.11 0.160% $ 3,000,000.00 $ 2,997,900.00 FFCB Callable 3133EMKG6 0.200% 12/15/20 06/15/23 1.21 0.200% $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 3133EMS37 0.125% 11/16/21 07/14/23 1.29 0.429% $ 3,000,000.00 $ 2,984,940.00 FFCBCallable 3133EL519 0.300% 12/03/21 09/01/23 1A2 0.503% $ 3,000,000.00 $ 2,989,440.00 FFCB Bullet 3133ENAL4 0.290% 12/03/21 10/12/23 153 0.578% $ 3,000,000.00 $ 2,984,070.00 FFCBCallable 3133ENBN9 0.340% 10/20/21 10/20/23 156 0.340% $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 3133ENNJS 1.180% 02/09/22 02/09/24 1.86 1.180% $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 3133EMRZ7 0.250% 09/14/21 02/26/24 191 0.291% $ 3,000,000.00 $ 2,997,000.00 FFCBCallable 3133ENQX1 1.670% 03/08/22 03/08/24 194 1.670% $ 3,000,000.00 $ 3,000,000.00 FFCBCallable 3133ENCVO 0.670% 11/02/21 05/02/24 2.09 0.670% $ 3,000,000.00 $ 3,000,000.00 FFCBCallable 3133ENQC7 1.940% 03/03/22 09/03/24 2.43 1.940% $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 3133ENCA6 0.700% 10/25/21 10/25/24 2.57 0.700% $ 3,000,000.00 $ 3,000,000.00 $ 78,000,000.00 $ 77,933,070.00 15.55% FHLB Callable 3130AJQQ5 0.300% 06/30/20 06/30/22 0.25 0.300% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130AITM1 0.260% 07/28/20 07/28/22 0.33 0.260% $ 3,000,000.00 $ 3,000,000.00 FHLB Bullet 3130ALRG1 0.125% 12/03/21 03/17/23 0.96 0.351% $ 3,000,000.00 $ 2,991,300.00 FHLB Callable 3130AMSP3 0.180% 04/28/21 04/28/23 1.08 0.180% $ 3,000,000.00 $ 3,000,000.00 FHLB Bullet 3130AMRYO 0.125% 07/09/21 06/02/23 1.17 0.183% $ 3,000,000.00 $ 2,996,700.00 FHLB Callable 313OAKL38 0.155% 12/30/20 06/30/23 1.25 0.155% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130AN7N4 0.220% 08/10/21 08/10/23 1.36 0.220% $ 3,000,000.00 $ 3,000,000.00 FHLB Bullet 3130AJXD6 0.125% 09/28/21 09/08/23 1.44 0.275% $ 3,000,000.00 $ 2,991,300.00 FHLB Callable 313OAQDWO 0.650% 12/29/21 12/29/23 1.75 0.650% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 313OAQ576 0.750% 12/29/21 12/29/23 1.75 0.750% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130ANFPO 0.350% 08/23/21 02/23/24 1.90 0.350% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130APXNO 0.820% 12/14/21 03/14/24 1.96 0.820% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130AMV33 0.300% 06/29/21 04/29/24 2.08 0.300% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130AMMM1 0.375% 06/03/21 06/03/24 2.18 0.375% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130AMLM2 0.375% 06/07/21 06/07/24 2.19 0.375% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130AMKX9 0.400% 06/07/21 06/07/24 2.19 0.400% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130AMKZ4 0.400% 06/10/21 06/10/24 2.20 0.400% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130APYD1 0.900% 12/14/21 06/14/24 2.21 0.900% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130AMSFO 0.400% 07/01/21 06/28/24 2.25 0.471% $ 3,000,000.00 $ 2,993,700.00 FHLB Callable 3130AMXQO 0.475% 07/12/21 07/12/24 2.28 0.475% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130AMZ88 0.520% 07/12/21 07/12/24 2.28 0.520% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130APQVD 1.000% 11/16/21 08/16/24 2.38 1.000% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130APB52 1.000% 11/23/21 08/23/24 2.40 1.000% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130ANVA5 0.500% 09/10/21 09/10/24 2.45 0.500% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130ANRP7 0.500% 09/13/21 09/13/24 2.46 0.500% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130APAA3 0.555% 10/21/21 10/21/24 2.56 0.555% 5 3,000,000.00 $ 3,000,000.00 $ 78,000,000.00 $ 77,973,000.00 15.56% FHLMC Bullet 3137EAET2 0.125% 11/17/20 07/25/22 0.32 0.146% $ 3,000,000.00 $ 2,998,950.00 FHLMC Callable 3134GW7EO 0.200% 11/16/20 02/16/23 0.88 0.200% $ 3,000,000.00 $ 3,000,000.00 FHLMC Bullet 3137EAEQS 0.375% 11/24/21 04/20/23 1.05 0.398% $ 3,000,000.00 $ 2,999,040.00 FHLMC Callable 3134GXEXB 0.250% 12/02/20 06/01/23 1.17 0.250% $ 3,000,000.00 $ 3,000,000.00 FHLMC Bullet 3137EAES4 0.250% 10/20/21 06/26/23 1.24 0.334% $ 3,000,000.00 $ 2,995,770.00 FHLMC Bullet 3137EAEV7 0.250% 11/22/21 08/24/23 1.40 0.433% $ 3,000,000.00 $ 2,990,400.00 FHLMC Bullet 3137EAEWS 0.250% 09/28/21 09/08/23 1.44 0.276% $ 3,000,000.00 $ 2,998,500.00 FHLMC Bullet 3137EAEY1 0.125% 11/18/21 10/16/23 1.55 0.505% $ 3,000,000.00 $ 2,978,340.00 FHLMC Callable 3134GW6E1 0.320% 07/06/21 11/02/23 1.59 0.320% $ 3,000,000.00 $ 3,000,000.00 FHLMC Bullet 3137EAEZ8 0.250% 11/24/21 11/06/23 1.61) 0.579% $ 3,000,000.00 $ 2,980,890.00 FHLMC Bullet 3137EAEZ8 0.250% 10/08/21 11/06/23 1.61) 0.286% $ 3,000,000.00 $ 2,997,750.00 FHLMC Callable 3134GXMM3 1.850% 03/22/22 03/22/24 1.98 1.850% $ 3,000,000.00 $ 3,000,000.00 FHLMC Callable 3134GXPH1 2.020% 03/30/22 03/28/24 1.99 2.020% $ 3,000,000.00 $ 3,000,000.00 $ 39,000,000.00 $ 38,939,640.00 7.77% FNMA Bullet 3135GO4Q3 0.250% 11/12/21 05/22/23 1.14 0.375% $ 3,000,000.00 $ 2,994,300.00 FNMA Bullet 3135G04Q3 0.250% 03/18/22 05/22/23 1.14 1.540% $ 3,000,000.00 5 2,955,000.00 FNMA Bullet 3135GOSG4 0.250% 09/29/21 07/10/23 1.28 0.250% $ 3,000,000.00 $ 3,000,000.00 FNMA Bullet 3135GOSG4 0.250% 11/22/21 07/10/23 1.28 0.367% $ 3,000,000.00 $ 2,994,300.00 FNMACallable 3135GOST6 0.350% 11/18/21 08/18/23 1.38 0.488% $ 3,000,000.00 $ 2,992,770.00 FNMACallable 3136G471-1 0.350% 09/28/21 04/26/24 2.07 0.434% $ 3,000,000.00 $ 2,993,520.00 $ 18,000,000.00 $ 17,929,890.00 3.58% Treasury Note 91282CAN1 0.125% 02/18/22 09/30/22 0.50 0.743% $ 3,000,000.00 $ 2,988,690.00 Treasury Note 91282CBGS 0.125% 12/13/21 01/31/23 0.84 0.350% $ 3,000,000.00 $ 2,992,380.00 Treasury Note 91282CBGS 0.125% 10/26/21 01/31/23 0.84 0.212% $ 3,000,000.00 $ 2,996,700.00 Treasury Note 91282CBNO 0.125% 10/29/21 02/28/23 0.92 0.275% $ 3,000,000.00 $ 2,994,000.00 Treasury Note 912828ZDS 0.500% 02/15/22 03/15/23 0.96 1.217% $ 3,000,000.00 $ 2,977,031.25 11 1 of Schedule 1 Indian River County, Florida Board of County Commissioners investments By Type March 31, 2022 Restricted Cash - Housing Account Total Portfolio Note: See separate investment report for OPEB funds. 2 oft $445,123.42 $501,647,641.75 12 03/31/22 Coupon/ Purchase Maturity Years To Yield To Original Portfolio Investment Type CUSIP Yield Date Date Maturity Maturity Par Amount Book Value % Treasury Note 91282CBU4 0.125% 11/23/21 03/31/23 1.00 0.368% $ 3,000,000.00 $ 2,990,160.00 Treasury Note 912828ZH6 0.250% 02/14/22 04/15/23 1.04 1.220% $ 3,000,000.00 $ 2,966,250.00 Treasury Note 912828ZH6 0.250% 12/13/21 04/15/23 1.04 0.445% $ 3,000,000.00 $ 2,992,200.00 Treasury Note 91282CBXB 0.125% 10/26/21 04/30/23 1.08 0.311% $ 3,000,000.00 $ 2,991,600.00 Treasury Note 912828ZP8 0.125% 02/14/22 05/15/23 1.12 1.259% $ 3,000,000.00 $ 2,958,000.00 Treasury Note 912828ZY9 0.125% 05/17/21 07/15/23 1.29 0.169% $ 6,000,000.00 $ 5,994,360.00 Treasury Note 912828592 1.250% 02/15/22 07/31/23 1.33 1.392% $ 3,000,000.00 $ 2,993,850.00 Treasury Note 91282CCN9 0.125% 11/16/21 07/31/23 1.33 0.451% $ 3,000,000.00 $ 2,983,380.00 Treasury Note 91282CAF8 0.125% 05/26/21 08/15/23 1.38 0.175% $ 6,000,000.00 $ 5,993,400.00 Treasury Note 91282CCU3 0.125% 09/27/21 08/31/23 1.42 0.262% $ 4,000,000.00 $ 3,989,520.00 Treasury Note 91282CAK7 0.125% 05/20/21 09/15/23 1.46 0.181% $ 6,000,000.00 $ 5,992,200.00 Treasury Note 912828726 1.375% 02/15/22 09/30/23 1.50 1.482% $ 3,000,000.00 $ 2,994,843.75 Treasury Note 91282CDAS 0.250% 10/19/21 09/30/23 1.50 0.405% $ 3,000,000.00 $ 2,991,000.00 Treasury Note 91282CAP6 0.125% 08/23/21 10/15/23 1.54 0.250% $ 3,000,000.00 $ 2,991,960.00 Treasury Note 91282CAP6 0.125% 11/16/21 10/15/23 1.54 0.499% $ 3,000,000.00 $ 2,978,700.00 Treasury Note 91282CDDO 0.375% 11/01/21 10/31/23 1.59 0.501% $ 3,000,000.00 $ 2,992,500.00 Treasury Note 91282CAW1 0.250% 09/27/21 11/15/23 1.63 0.306% $ 4,000,000.00 $ 3,995,200.00 Treasury Note 91282CBEO 0.125% 07/09/21 01/15/24 1.79 0.271% $ 3,000,000.00 $ 2,989,050.00 Treasury Note 91282CBEO 0.125% 11/16/21 01/15/24 1.79 0.596% $ 3,000,000.00 $ 2,969,700.00 Treasury Note 91282CDVO 0.875% 03/23/22 01/31/24 1.84 2.158% $ 3,000,000.00 $ 2,930,190.00 Treasury Note 91282CBM2 0.125% 07/09/21 02/15/24 1.88 0.288% $ 3,000,000.00 $ 2,987,343.75 Treasury Note 91282CEA5 1.500% 03/23/22 02/29/24 1.92 2.154% $ 3,000,000.00 $ 2,962,968.75 Treasury Note 91282CBR1 0.250% 08/23/21 03/15/24 1.96 0.327% $ 3,000,000.00 $ 2,994,090.00 Treasury Note 91282CBR1 0.250% 10/19/21 03/15/24 196 0.547% $ 3,000,000.00 $ 2,978,700.00 Treasury Note 91282CBV2 0.375% 09/27/21 04/15/24 2,04 0.418% $ 4,000,000.00 $ 3,995,640.00 Treasury Note 91282CBV2 0.375% 10/19/21 04/15/24 2.04 0.572% $ 3,000,000.00 $ 2,985,450.00 Treasury Note 91282CCC3 0.250% 12/03/21 05/15/24 2.13 0.770% $ 3,000,000.00 $ 2,962,170.00 Treasury Note 912820003 0.250% 08/23/21 05/15/24 2.13 0.375% $ 3,000,000.00 $ 2,989,860.00 Treasury Note 91282CCL3 0.375% 10/08/21 07/15/24 229 0.500% $ 3,000,000.00 $ 2,989,710.00 Treasury Note 91282CCr6 0.375% 12/03/21 08/15/24 238 0.825% $ 3,000,000.00 $ 2,964,000.00 $ 117,000,000.00 $ 116,436,797.50 23.23% Regions Bank Money Market $ 6,087,831.85 1.20% Regions Bank Lockbox Accounts $ 956,617.33 0.19% TD Bank Checking Account $ 29,366,955.25 5.86% BankUnited Money Market $ 26,974,833.37 5.38% Valley National Bank Government Interest Checking $ 19,977,917.18 3.99% Marine Bank Business Money Market $ 8,228,843.24 1.64% Florida Trust Day to Day Fund $ 22,029,345.17 4.40% FL STAR $ 20,026,256.71 4.00% FL CLASS - BOCC Funds $ 29,667,901.39 5.92% Total General Cash & Equivalents - Unrestricted $ 492,528,898.99 Restricted Cash -Bond Covenants (held by BNY/Mellon) Cash -Dreyfus Fund -Utilities Debt Service Reserve $ 75,779.14 Treasury Bill 912796H44 0.000% 05/27/21 05/19/22 0.13 0.025% $ 1,100,000.00 $1,099,637.00 Total Restricted Bond Reserve - adjusted for fair market value $ 1,175,416.14 0.23% Restricted Cash - Landfill FL CLASS -Landfill Closure & Postclosure Reserves $ 7,498,203.20 1.50% Total Pooled Cash & Equivalents $501,202,518.33 100.00% Restricted Cash - Housing Account Total Portfolio Note: See separate investment report for OPEB funds. 2 oft $445,123.42 $501,647,641.75 12 Schedule 2 Indian River County, Florida Board of County Commissioners Investment By Maturity Date March 31. 2022 13 03/31/22 Coupon/ Purchase Maturity Years To Yield To Original Investment Type CUSIP Yield Date Date Maturity Maturity Par Amount Book Value Mo Cash Flow FFCB Callable 3133EMMU3 0.120% 01/13/21 04/13/22 0.04 0.120% $ 3,000,000.00 $ 3,000,000.00 FFCB Callable 3133EMEB4 0.140% 10/22/20 04/22/22 0.06 0.140% $ 3,000,000.00 $ 3,000,000.00 $ 6,000,000.00 FFCB Callable 3133EMQA3 0.080% 02/18/21 05/09/22 0.11 0.080% $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 3133EMGP1 0.150% 11/17/20 05/16/22 0.13 0.162% $ 3,000,000.00 $ 2,999,460.00 FFCB Bullet 3133ELZN7 0.160% 05/18/20 05/18/22 0.13 0.237% $ 3,000,000.00 $ 2,995,410.00 $ 9,000,000.00 FHLB Callable 3130AJQQS 0.300% 06/30/20 06/30/22 0.25 0.300% $ 3,000,000.00 $ 3,000,000.00 $ 3,000,000.00 FHLMC Bullet 3137EAEF2 0.125% 11/17/20 07/25/22 0.32 0.146% $ 3,000,000.00 $ 2,998,950.00 FHLB Callable 3130AJTM1 0.260% 07/28/20 07/28/22 0.33 0.260% $ 3,000,000.00 $ 3,000,000.00 $ 6,000,000.00 FFCB Bullet 3133EMPR7 0.100% 03/17/21 08/02/22 0.34 0.121% $ 3,000,000.00 $ 2,999,130.00 $ 3,000,000.00 FFCB Callable 3133ELMF7 0.120% 12/22/20 09/22/22 0.48 0.120% $ 3,000,000.00 $ 3,000,000.00 Treasury Note 91282CAN1 0.125% 02/18/22 09/30/22 0.50 0.743% $ 3,000,000.00 $ 2,988,690.00 $ 6,000,000.00 FFCB Bullet 3133EMOA7 0.160% 11/02/20 10/13/22 0.54 0.165% $ 3,000,000.00 $ 2,999,700.00 $ 3,000,000.00 FFCB Bullet 3133ENBT6 0.180% 11/23/21 01/25/23 0.82 0.308% $ 3,000,000.00 $ 2,995,500.00 Treasury Note 91282CBGS 0.125% 12/13/21 01/31/23 0.84 0.350% $ 3,000,000.00 $ 2,992,380.00 Treasury Note 91282CBGS 0.125% 10/26/21 01/31/23 0.84 0.212% $ 3,000,000.00 $ 2,996,700.00 $ 9,000,000.00 FFCB Callable 3133EMQH8 0.110% 02/10/21 02/10/23 0.87 0.110% $ 3,000,000.00 $ 3,000,000.00 FHLMC Callable 3134GW7EO 0.200% 11/16/20 02/16/23 0.88 0.200% $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 3133EMRQ7 0.100% 03/17/21 02/24/23 0.90 0.156% $ 3,000,000.00 $ 2,996,760.00 Treasury Note 91282CBNO 0.125% 10/29/21 02/28/23 0.92 0.275% $ 3,000,000.00 $ 2,994,000.00 $ 12,000,000.00 FFCB Bullet 3133EM552 0.125% 05/07/21 03/09/23 0.94 0.152% $ 3,000,000.00 $ 2,998,500.00 FFCB Callable 3133EMSTO 0.140% 03/10/21 03/10/23 0.94 0.140% $ 3,000,000.00 $ 3,000,000.00 Treasury Note 912828ZDS 0.500% 02/15/22 03/15/23 0.96 1.217% $ 3,000,000.00 $ 2,977,031.25 FHLB Bullet 3130ALRGI 0.125% 12/03/21 03/17/23 0.96 0.351% $ 3,000,000.00 $ 2,991,300.00 Treasury Note 91282CBU4 0.125% 11/23/21 03/31/23 1.00 0.368% $ 3,000,000.00 $ 2,990,160.00 $ 15,000,000.00 FHLB Callable 3130AMSP3 0.180% 04/28/21 04/28/23 1.08 0.180% $ 3,000,000.00 $ 3,000,000.00 Treasury Note 912828ZH6 0.250% 12/13/21 04/15/23 1.04 0.445% $ 3,000,000.00 $ 2,992,200.00 Treasury Note 912828ZH6 0.250% 02/14/22 04/15/23 1.04 1.220% $ 3,000,000.00 $ 2,966,250.00 FHLMC Bullet 3137EAEQ8 0.375% 11/24/21 04/20/23 1.05 0.398% $ 3,000,000.00 $ 2,999,040.00 Treasury Note 91282CBX8 0.125% 10/26/21 04/30/23 1.08 0.311% $ 3,000,000.00 $ 2,991,600.00 $ 15,000,000.00 FFCB Bullet 3133EMG97 0.140% 07/01/21 05/09/23 1.11 0.225% $ 3,000,000.00 $ 2,995,260.00 FFCB Bullet 3133EMYX4 0.125% 05/10/21 05/10/23 1.11 0.160% $ 3,000,000.00 $ 2,997,900.00 Treasury Note 912828ZP8 0.125% 02/14/22 05/15/23 1.12 1.259% $ 3,000,000.00 $ 2,958,000.00 FNMA Bullet 3135G04Q3 0.250% 03/18/22 05/22/23 1.14 1.540% $ 3,000,000.00 $ 2,955,000.00 FNMA Bullet 3135G04Q3 0.250% 11/12/21 05/22/23 1.14 0.375% $ 3,000,000.00 $ 2,994,300.00 $ 15,000,000.00 FHLMC Callable 3134GXEX8 0.250% 12/02/20 06/01/23 1.17 0.250% $ 3,000,000.00 $ 3,000,000.00 FHLB Bullet 3130AMRYO 0.125% 07/09/21 06/02/23 1.17 0.183% $ 3,000,000.00 $ 2,996,700.00 FFCB Callable 3133EMKG6 0.200% 12/15/20 06/15/23 1.21 0.200% $ 3,000,000.00 $ 3,000,000.00 FHLMC Bullet 3137EAE54 0.250% 10/20/21 06/26/23 1.24 0.334% $ 3,000,000.00 $ 2,995,770.00 FHLB Callable 313OAKL38 0.155% 12/30/20 06/30/23 1.25 0.155% $ 3,000,000.00 $ 3,000,000.00 $ 15,000,000.00 FNMA Bullet 3135GOSG4 0.250% 09/29/21 07/10/23 1.28 0.250% $ 3,000,000.00 $ 3,000,000.00 FNMA Bullet 3135GOSG4 0.250% 11/22/21 07/10/23 1.28 0.367% $ 3,000,000.00 $ 2,994,300.00 FFCB Bullet 3133EMS37 0.125% 11/16/21 07/14/23 1.29 0.429% $ 3,000,000.00 $ 2,984,940.00 Treasury Note 912828ZY9 0.125% 05/17/21 07/15/23 1.29 0.169% $ 6,000,000.00 $ 5,994,360.00 Treasury Note 912828592 1.250% 02/15/22 07/31/23 1.33 1.392% $ 3,000,000.00 $ 2,993,850.00 Treasury Note 91282CCN9 0.125% 11/16/21 07/31/23 1.33 0.451% $ 3,000,000.00 $ 2,983,380.00 $ 21,000,000.00 FHLB Callable 3130AN7N4 0.220% 08/10/21 08/10/23 1.36 0.220% $ 3,000,000.00 $ 3,000,000.00 Treasury Note 91282CAFS 0.125% 05/26/21 08/15/23 1.38 0.175% $ 6,000,000.00 $ 5,993,400.00 FNMACallable 3135GOSTS 0.350% 11/18/21 08/18/23 1.38 0.488% $ 3,000,000.00 $ 2,992,770.00 FHLMC Bullet 3137EAEV7 0.250% 11/22/21 08/24/23 1.40 0.433% $ 3,000,000.00 $ 2,990,400.00 Treasury Note 91282CCU3 0.125% 09/27/21 08/31/23 1.42 0.262% $ 4,000,000.00 $ 3,989,520.00 $ 19,000,000.00 FFCB Callable 3133EL519 0.300% 12/03/21 09/01/23 1.42 0.503% $ 3,000,000.00 $ 2,989,440.00 FHLB Bullet 3130AIXD6 0.125% 09/28/21 09/08/23 1.44 0.275% $ 3,000,000.00 $ 2,991,300.00 FHLMC Bullet 3137EAEWS 0.250% 09/28/21 09/08/23 1.44 0.276% $ 3,000,000.00 $ 2,998,500.00 Treasury Note 91282CAK7 0.125% 05/20/21 09/15/23 1.46 0.181% $ 6,000,000.00 $ 5,992,200.00 Treasury Note 912828726 1.375% 02/15/22 09/30/23 1.50 1.482% $ 3,000,000.00 $ 2,994,843.75 Treasury Note 91282CDA6 0.250% 10/19/21 09/30/23 1.50 0.405% 5 3,000,000.00 $ 2,991,000.00 $ 21,000,000.00 FFCB Bullet 3133ENAL4 0.290% 12/03/21 10/12/23 1.53 0.578% $ 3,000,000.00 $ 2,984,070.00 Treasury Note 91282CAP6 0.125% 08/23/21 10/15/23 1.54 0.250% $ 3,000,000.00 $ 2,991,960.00 Treasury Note 91282CAP6 0.125% 11/16/21 10/15/23 1.54 0.499% $ 3,000,000.00 $ 2,978,700.00 FHLMC Bullet 3137EAEY3 0.125% 11/18/21 10/16/23 1.55 0.505% $ 3,000,000.00 $ 2,978,340.00 FFCB Callable 3133ENBN9 0.340% 10/20/21 10/20/23 1.56 0.340% $ 3,000,000.00 $ 3,000,000.00 Treasury Note 91282CDDO 0.375% 11/01/21 10/31/23 1.59 0.501% $ 3,000,000.00 $ 2,992,500.00 $ 18,000,000.00 FHLMCCallable 3134GW6E1 0.320% 07/06/21 11/02/23 1.59 0.320% $ 3,000,000.00 $ 3,000,000.00 FHLMC Bullet 3137EAEZ8 0.250% 10/08/21 11/06/23 1.60 0.286% $ 3,000,000.00 $ 2,997,750.00 FHLMC Bullet 3137EAEZ8 0.250% 11/24/21 11/06/23 1.60 0.579% $ 3,000,000.00 $ 2,980,890.00 Treasury Note 91282CAW3 0.250% 09/27/21 11/15/23 1.63 0.306% $ 4,000,000.00 $ 3,995,200.00 $ 13,000,000.00 FHLB Callable 313OAQDWO 0.650% 12/29/21 12/29/23 1.75 0.650% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 313OAQ5T6 0.750% 12/29/21 12/29/23 1.75 0.750% $ 3,000,000.00 $ 3,000,000.00 $ 6,000,000.00 Treasury Note 91282CBEO 0.125% 07/09/21 01/15/24 1.79 0.271% $ 3,000,000.00 $ 2,989,050.00 Treasury Note 91282CBEO 0.125% 11/16/21 01/15/24 1.79 0.596% $ 3,000,000.00 $ 2,969,700.00 Treasury Note 91282CDVO 0.875% 03/23/22 01/31/24 1.84 2.158% $ 3,000,000.00 $ 2,930,190.00 $ 9,000,000.00 FFCB Bullet 3133ENNJS 1.180% 02/09/22 02/09/24 1.86 1.180% $ 3,000,000.00 $ 3,000,000.00 Treasury Note 91282CBM2 0.125% 07/09/21 02/15/24 1.88 0.288% $ 3,000,000.00 $ 2,987,343.75 FHLB Callable 3130ANFPO 0.350% 08/23/21 02/23/24 1.90 0.350% $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 3133EMRZ7 0.250% 09/14/21 02/26/24 1.91 0.291% $ 3,000,000.00 $ 2,997,000.00 Treasury Note 91282CEAS 1.500% 03/23/22 02/29/24 1.92 2.154% $ 3,000,000.00 $ 2,962,968.75 $ 15,000,000.00 FFCB Callable 3133ENQX1 1.670% 03/08/22 03/08/24 1.94 1.670% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130APXNO 0.820% 12/14/21 03/14/24 1.96 0.820% $ 3,000,000.00 $ 3,000,000.00 Treasury Note 91282CBRI 0.250% 10/19/21 03/15/24 1.96 0.547% $ 3,000,000.00 $ 2,978,700.00 Treasury Note 91282CBR1 0.250% 08/23/21 03/15/24 1.96 0.327% $ 3,000,000.00 $ 2,994,090.00 FHLMC Callable 3134GXMM3 1.850% 03/22/22 03/22/24 1.98 1.850% $ 3,000,000.00 $ 3,000,000.00 FHLMC Callable 3134GXPH1 2.020% 03/30/22 03/28/24 1.99 2.020% $ 3,000,000.00 $ 3,000,000.00 $ 18,000,000.00 Treasury Note 91282CBV2 0.375% 09/27/21 04/15/24 2.04 0.418% $ 4,000,000.00 $ 3,995,640.00 Treasury Note 91282CBV2 0.375% 10/19/21 04/15/24 2.04 0.572% $ 3,000,000.00 $ 2,985,450.00 FNMACallable 3136G471.1 0.350% 09/28/21 04/26/24 2.07 0.434% $ 3,000,000.00 $ 2,993,520.00 1 of 13 Regions Bank Money Market Regions Lockbox Accounts TO, Bank Checking Account BankUnited Money Market Valley National Bank Government Interest Checking Marine Bank Business Money Market Florida Trust Day to Day Fund FL STAR FL CLASS - BOCC Funds Total General Cash & Equivalents - Unrestricted Restricted Cash -Bond Covenants (held by BNY/Mellon) Cash -Dreyfus Fund -Utilities Debt Service Reserve Treasury Bill 9127961-144 0.000% 05/27/21 05/19/22 Total Restricted Bond Reserve - adjusted for fair market value Restricted Cash - Landfill FL CLASS -Landfill Closure & Postclosure Reserves Total Pooled Cash & Equivalents Restricted Cash - Housing Account Total Portfolio Note: See separate investment report for OPEB funds $6,087,831.85 $956,617.33 $29,366,955.25 $26,974,833.37 $19,977,917.18 $8,228,843.24 $22,029,345.17 $20,026,256.71 $29,667,901.39 $ 492,528,898.99 $ 75,779.14 0.63 0.025% $ 1,100,000.00 $1,099,637.00 $ 1,175,416.14 2 oft $ 7,498,203.20 $ 501,202,518.33 $445,123.42 $ 501,647,641.75 14 Schedule 2 Indian River County, Florida Board of County Commissioners Investment By Maturity Date March 31, 2022 03/31/22 Coupon/ Purchase Maturity Years To Yield To Original Investment Type CUSIP Yield Date Date Maturity Maturity Par Amount Book Value Mo Cash Flow FHLB Callable 3130AMV33 0.300% 06/29/21 04/29/24 2.08 0.300% $ 3,000,000.00 $ 3,000,000.00 $ 13,000,000.00 FFCB Callable 3133ENCVO 0.670% 11/02/21 05/02/24 2.09 0.670% $ 3,000,000.00 $ 3,000,000.00 Treasury Note 91282CCC3 0.250% 12/03/21 05/15/24 2.13 0.770% $ 3,000,000.00 $ 2,962,170.00 Treasury Note 912820003 0.250% 08/23/21 05/15/24 2.13 0.375% $ 3,000,000.00 $ 2,989,860.00 $ 9,000,000.00 FHLB Callable 3130AMMM1 0.375% 06/03/21 06/03/24 2.18 0.375% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130AMLM2 0.375% 06/07/21 06/07/24 2.19 0.375% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130AMKX9 0.400% 06/07/21 06/07/24 2.19 0.400% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130AMKZ4 0.400% 06/10/21 06/10/24 2.20 0.400% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130APYD1 0.900% 12/14/21 06/14/24 2.21 0.900% $ 3,000,000.00 $ 3,000,000.00 FHLBCallable 3130AMSFO 0.400% 07/01/21 06/28/24 2.25 0.471% $ 3,000,000.00 $ 2,993,700.00 $ 18,000,000.00 FHLB Callable 3130AMXQO 0.475% 07/12/21 07/12/24 2.28 0.475% $ 3,000,000.00 $ 3,000,000.00 FHLBCallable 3130AMZ88 0.520% 07/12/21 07/12/24 2.28 0.520% $ 3,000,000.00 $ 3,000,000.00 Treasury Note 91282CCL3 0.375% 10/08/21 07/15/24 2.29 0.500% $ 3,000,000.00 $ 2,989,710.00 $ 9,000,000.00 Treasury Note 91282CCf6 0.375% 12/03/21 08/15/24 2.38 0.825% $ 3,000,000.00 $ 2,964,000.00 FHLB Callable 3130APQVO 1.000% 11/16/21 08/16/24 2.38 1.000% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130APBS2 1.000% 11/23/21 08/23/24 2.40 1.000% $ 3,000,000.00 $ 3,000,000.00 $ 9,000,000.00 FFCB Callable 3133ENQC7 1.940% 03/03/22 09/03/24 2.43 1.940% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130ANVA5 0.500% 09/10/21 09/10/24 2.45 0.500% $ 3,000,000.00 $ 3,000,000.00 FHLB Callable 3130ANRP7 0.500% 09/13/21 09/13/24 2.46 0.500% $ 3,000,000.00 $ 3,000,000.00 $ 9,000,000.00 FHLB Callable 3130APAA3 0.555% 10/21/21 10/21/24 2.56 0.555% $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 3133ENCA6 0.700% 10/25/21 10/25/24 2.57 0.700% $ 3,000,000.00 $ 3,000,000.00 $ 6,000,000.00 Sub Total- General Investments $ 330,000,000.00 $ 329,212,397.50 $ 330,000,000.00 Regions Bank Money Market Regions Lockbox Accounts TO, Bank Checking Account BankUnited Money Market Valley National Bank Government Interest Checking Marine Bank Business Money Market Florida Trust Day to Day Fund FL STAR FL CLASS - BOCC Funds Total General Cash & Equivalents - Unrestricted Restricted Cash -Bond Covenants (held by BNY/Mellon) Cash -Dreyfus Fund -Utilities Debt Service Reserve Treasury Bill 9127961-144 0.000% 05/27/21 05/19/22 Total Restricted Bond Reserve - adjusted for fair market value Restricted Cash - Landfill FL CLASS -Landfill Closure & Postclosure Reserves Total Pooled Cash & Equivalents Restricted Cash - Housing Account Total Portfolio Note: See separate investment report for OPEB funds $6,087,831.85 $956,617.33 $29,366,955.25 $26,974,833.37 $19,977,917.18 $8,228,843.24 $22,029,345.17 $20,026,256.71 $29,667,901.39 $ 492,528,898.99 $ 75,779.14 0.63 0.025% $ 1,100,000.00 $1,099,637.00 $ 1,175,416.14 2 oft $ 7,498,203.20 $ 501,202,518.33 $445,123.42 $ 501,647,641.75 14 Schedule 3 Indian River County Portfolio By Maturity Date March 31, 2022 $300,000,000 $250,000,000 $200,000,000 $184,424,676 $150,000,000 $100,000,000 $72,874,050 $50,000,000 $0 T — 0-12 Months 13-24 Months 25-36 Months Total Portfolio $501,647,642 15 UT ReservE 0.23% Treasury Schedule 4 Indian River County Portfolio By Type March 31, 2022 BankUnited 5.38% I rrvivvA,s.oaio Marine Bank 1.64% t Natl Bank 3.99% D Bank Checking 5.86% FHLB 15.56% 16 Schedule 5 Indian River County Investment Purchases and Calls/Maturities Quarter Ending March 31, 2022 PURCHASES: Investment Description Yield to Maturity Purchase Date Call Date Maturity Date Par Amount Book Value FFCB Bullet 1.180% 02/09/22 02/09/24 $ 3,000,000.00 $ 3,000,000.00 Treasury Note 1.220% 02/14/22 04/15/23 $ 3,000,000.00 $ 2,966,250.00 Treasury Note 1.259% 02/14/22 05/15/23 $ 3,000,000.00 $ 2,958,000.00 Treasury Note 1.217% 02/15/22 03/15/23 $ 3,000,000.00 $ 2,977,031.25 Treasury Note 1.392% 02/15/22 07/31/23 $ 3,000,000.00 $ 2,993,850.00 Treasury Note 1.482% 02/15/22 09/30/23 $ 3,000,000.00 $ 2,994,843.75 Treasury Note 0.743% 02/18/22 09/30/22 $ 3,000,000.00 $ 2,988,690.00 FFCB Callable 1.940% 03/03/22 06/03/22 09/03/24 $ 3,000,000.00 $ 3,000,000.00 FFCB Callable 1.670% 03/08/22 03/08/23 03/08/24 $ 3,000,000.00 $ 3,000,000.00 FNMA Bullet 1.540% 03/18/22 05/22/23 $ 3,000,000.00 $ 2,955,000.00 FHLMC Callable 1.850% 03/22/22 04/22/22 03/22/24 $ 3,000,000.00 $ 3,000,000.00 Treasury Note 2.158% 03/23/22 01/31/24 $ 3,000,000.00 $ 2,930,190.00 Treasury Note 2.154% 03/23/22 02/29/24 $ 3,000,000.00 $ 2,962,968.75 FHLMC Callable 2.020% 03/30/22 04/28/22 1 03/28/24 $ 3,000,000.00 $ 3,000,000.00 14 1 $ 42,000,000.00 1 $ 41,726,823.75 MATURITIES: Investment Description Yield to Maturi Purchase Date Early Call Date Maturity Date Par Amount Book Value Treasury Bill 0.021% 05/13/21 01/27/22 $ 3,000,000.00 $ 2,999,546.75 Treasury Note 1.565% 11/21/19 01/31/22 $ 3,000,000.00 $ 2,995,770.00 FFCB Bullet 0.150% 09/30/20 02/24/22 $ 3,000,000.00 $ 3,000,000.00 FFCB Bullet 1.464% 02/24/20 02/24/22 $ 3,000,000.00 $ 2,999,160.00 Treasury Bill 0.031% 05/13/21 1 03/24/22 1 $ 3,000,000.00 $ 2,999,186.25 5 $ 15,000,000.00 1 $ 14,993,663.00 Reconciliation of General Investments Only: Beginning portfolio (12/31/21) $ 302,479,236.75 Total purchased 14 securities $ 41,726,823.75 Total matured 5 securities $ 14,993,663.00 Ending portfolio for quarter (3/31/22) $ 329,212,397.50 17 I oft October November December January February March April May June July August September Net cash flow October November December January February March April May June July August September Net cash flow Schedule 6 Indian River County Change in Monthly Cash Flows For All Pooled Cash/Investment Accounts Comparison of Six Fiscal Years March 31, 2022 Fiscal Year 2016-2017 Net Chane Month End Bal* $ (6,856,660) $ 314,462,401 $ 29,862,090 $ 344,324,491 $ 37,277,098 $ 381,601,589 $ (931,868) $ 380,669,721 $ (2,015,776) $ 378,653,945 $ 442,916 $ 379,096,861 $ (2,740,420) $ 376,356,441 $ (4,378,477) $ 371,977,964 $ (6,628,797) $ 365,349,167 $ (10,868,408) $ 354,480,759 $ (9,027,471) $ 345,453,288 $ 5,877,090 $ 339,576,198 18,257,137 12,246,355 Fiscal Year 2019-2020 Net Chane Net Chane Month End Bal* $ (9,260,244) $ 370,053,869 $ 39,158,339 $ 409,212,208 $ 47,023,081 $ 456,235,289 $ (6,941,131) $ 449,294,158 $ (1,465,745) $ 447,828,413 $ (5,997,667) $ 441,830,746 $ (5,331,833) $ 436,498,913 $ (10,937,819) $ 425,561,094 $ (13,546,695) $ 412,014,399 $ (3,248,804) $ 408,765,595 $ (7,041,321) $ 401,724,274 $ 10,163,806 $ 391,560,468 12,246,355 $ 29,278,971 Fiscal Year 2020-2021 Fiscal Year 2017-2018 Net Chane Month End Bal* $ (7,971,324) $ 331,604,874 $ 33,131,597 $ 364,736,471 $ 41,846,074 $ 406,582,545 $ (5,758,898) $ 400,823,647 $ 5,191,358 $ 406,015,005 $ (4,784,411) $ 401,230,594 $ 1,577,951 $ 402,808,545 $ (6,945,787) $ 395,862,758 $ (9,710,169) $ 386,152,589 $ (2,464,004) $ 383,688,585 $ (8,022,779) $ 375,665,806 $ 6,810,637 $ 368,855,169 $ 29,278,971 Fiscal Year 2020-2021 Net Chane Month End Bal* $ (8,561,737) $ 382,998,731 $ 39,238,741 $ 422,237,472 $ 57,117,548 $ 479,355,020 $ (6,119,043) $ 473,235,977 $ 12,395,392 $ 485,631,369 $ (12,127,894) $ 473,503,475 $ (9,006,651) $ 464,496,824 $ 295,126 $ 464,791,950 $ (5,748,174) $ 459,043,776 $ (11,764,390) $ 447,279,386 $ (11,517,721) $ 435,761,665 $ 7,438,252 $ 428,323,413 $ 36,762,945 10,458,944 Fiscal Year 2018-2019 Net Chane Month End Bal* Month End Bal* $ (6,577,674) $ 362,277,495 $ 48,128,205 $ 410,405,700 $ 31,350,078 $ 441,755,778 $ (9,877,034) $ 431,878,744 $ 2,964,540 $ 434,843,284 $ (2,750,051) $ 432,093,233 $ (3,802,746) $ 428,290,487 $ (8,379,243) $ 419,911,244 $ (9,758,699) $ 410,152,545 $ (13,728,763) $ 396,423,782 $ (11,767,333) $ 384,656,449 $ 5,342,336 $ 379,314,113 10,458,944 66,005,468 *Schedule represents total assets in 801 fund -including portfolio accounts, FMV adjustments, cash in bank and utilities debt reserve. Excludes Section 8 HUD bank account. Source: Balance Sheet for fund 801 (run by month) Schedule does not include OPEB investments - see separate report. lV Fiscal Year 2021-2022 Net Chane Month End Bal* $ 302,966 $ 428,626,379 $ 63,526,149 $ 492,152,528 $ 25,611,495 $ 517,764,023 $ 872,988 $ 518,637,011 $ (7,201,984) $ 511,435,027 $ (17,106,146) $ 494,328,881 66,005,468 *Schedule represents total assets in 801 fund -including portfolio accounts, FMV adjustments, cash in bank and utilities debt reserve. Excludes Section 8 HUD bank account. 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NNHNHNNNNMHNNNHN NNNN . N ae a eaedev9ivaeivaeiaevaeiaeaen Noe'1mu`eiN0000W ren ae ae ae ae ae de N' m m 666666 m $ YY VV OO11 N C% 'n It � R mN V N RroN m N 7 m m$ mE 'cw <NOmi 1� n mmeeeel� °1 O'O' HNNNNwNNwNNN q mmmmmmm.mm NNNNNNNNNNNN -d dIq . 44 NNNNNN E o of ae de ae o$', NN N N N N N N N UK i[ $ AR—m 999. — U @E 'cw --VV�VVe aeaeaee�aCedeof aeaes4dee 999999999999 ype 00008 O N N N N N 6 0 o .. N N N N N N N N N ......... o G 6 0 6 C G C G Y C m'mnm m NO -- 221 N b tNO m �� N h(00 Mh yO Nm O m e N 01 m N� ON O e O m m O m r NN 6,ieeNe NNN'N— NmmNNNNNe wNN EW ------------ H N H N H H H H N H N N w N a N C de ae at �'�e�mA N vOo NNN NN dea aEe de de ndei umi i'i1 uri �j ae 00000666 de ae ae deN a' 600000 Q ee v^NmuNimm�am'-� :.1e$Y�i�mm-�teVl _ v E N NNIV m W NOi IA V N Nh Y eeN mNNN Om W 01 am00N 001m N0 N 0p«mmA� m n 1Bi �i0' ~ C w -------wNNN Nr r e-�-�- NNNNNNNN r �IE9tC�. TNS 1d ?4� -NNNN &N; NiR �Z O� iiQ i'1 Qvl UZp 1LL2Q� O za _,a l O F Schedule 8 Indian River County Allocation of Pooled Cash and Investments By Fund Types Balance in Funds as of March 31, 2022 General Fund Special Revenue Funds Debt Service Funds Capital Project Fund Solid Waste Fund Golf Course Fund Building Fund Utilities Funds Fleet Fund Insurance Funds Information Technology Fund Fiduciary Fund Total Investments Pooled Investments $ 104,912,444 $ 126,623,794 $ 443,063 $ 93,550,852 $ 36,004,304 $ 2,530,956 $ 6,567,451 $ 85,208,864 $ 76,496 $ 34, 764, 686 $ 2,857,570 $ 788,401 $ 494,328,881 Schedule includes all pooled investments, FMV adjustments, and cash in bank. Excludes Section 8 HUD bank account. Schedule does not include OPEB investments - see separate report. 20 JEFFREY R. SMITH, Clerk of Circuit Court & Comptroller Finance Department 1801 271h Street Vero Beach, FL 32960 Telephone: (772) 226-1516 CPA, CGFO, CGMA II compT s o TO: Board of County Commissioners (acting as Board of Trustees of OPEB Trust) FROM: Elissa Nagy, Chief Deputy of Finance THRU: Jeffrey R. Smith, Clerk of the Circuit Court and Comptroller DATE: May 13, 2022 SUBJECT: Quarterly OPEB Trust Report for Quarter Ending 03/31/2022 Attached please find a summary report consisting of the composition and investment return of the OPEB Trust for the second quarter of fiscal year 2022. These funds are held in trust by our custodian BNY/Mellon. This report was reviewed by our investment advisory committee on May 12, 2022. RECOMMENDATION Staff recommends that the Board of County Commissioners accept the attached Quarterly OPEB Trust Report. 21 pp > X w w v eo e,e**- m w C O X q O OI lnoolno O N N O 000 O O O 00 O O 0 O 0 O y � U � a ro o w u v ° v 0a m c7 0 3 N 7 O V Q > Q v a E E E d N o7f H a n O O O � V1 LL V1 V1 I� n O1 M O 00 O 00 M .•� O O N 00 C C C C C C O 0 0 0 E E E M M t° l0 Y1 O V1 lD 00 1� CO W N t0 M N N M N N N N Q Q V l0 h N vt vt 00 of a l!1 1� N � 1l W Q Q N tp tD m N Q Q Ot 00 00 at Q Q N a t O Q v N m n .ti n .•+ O M M ti ti M M V m M m ryl N N N W lA V1 N O1 N M Q� O N N O O O w N O1 t° IR R m In ao In TiLl M °1 Q � n ON N ~ N N Vf N N VT Vf vl N V1 L!1 � 3 ry � Y v` A 3Ic N VR VT Vl Vf N N to O Ol aT � N e f� l0 N 01 N N v1 tD N Q vt N Q 17 O c M N Y y H L _ co f O ate+ > GJ v Mw ao m = O M u N N ry 3 m t cc Oa+ u a w m U C n n n u n n n ai d � 7 T j lD W 00 Q t° N O N OJ 00 t0 N C CC O O � — M M O Q c t° Q ao0 0 0 oN O Q N 0 a0 N N Ol Q c0 N O C Q j o o °ii o vi n m o ti m vi v IO C .i N N N N 0 O1 N 00 tp Q l0 l° M tD `C - °° r� '� eo o m a rri m m m Cr t 0 N O d E F. w �vav•� vv y V L E o � a+ O c c c c Z w o LL 0 a o u vt O O -iO O O O y O O O> ZO N O N N 0 0 0 Q> O O O y p Y,a N ay v w y C w i u � l7 .. vl Q .. •`ot In a pp > X w w v Q v c C m w X ~ Y x w F C a ro o w u v ° v 0a m >> c7 0 3 N > Q v a E E E d N o7f H a n O O fl. � V1 LL V1 V1 m m N C C C C C C C C C C C C 0 0 0 0 0 0 E E E E E E 0 0 0 E E E 0 0 0 E E E m m m m m M m m m m m m N N JEFFREY R. SMITH, CPA, CGFO, CGMA Clerk of Circuit Court & Comptroller Finance Department 1801 271h Street Vero Beach, FL 32960 Telephone: (772) 226-1945 TO: Board of County Commissioners FROM: Elissa Nagy, Chief Deputy of Finance THROUGH: Jeffrey R. Smith, Clerk of the Circuit Court and Comptroller DATE: June 1, 2022 I comp tuQ`k R0<< 2 Q 9 p �fR COUNtj SUBJECT: Dori Slosberg Driver Education Safety Act Indian River County Traffic Education Program Trust Fund Report Cumulative Reporting Through 03/31/22 BACKGROUND On August 20, 2002, the Board of County Commissioners adopted Ordinance Number 2002-026 creating the Indian River County Traffic Education Program Trust Fund (our Fund 137). This ordinance authorized a $3 traffic ticket surcharge, which is collected by the Clerk of the Circuit Court. On September 19, 2006, the Board adopted Ordinance 2006-035 to repeal this fine. Subsequently on February 17, 2015, the Board elected to reinstate and increase the driver education fee to $5 under Ordinance Number 2015-003. The new fee was effective March 1, 2015 and is charged on each civil traffic penalty assessed in the County. As noted in the ordinance, these funds shall be used "to fund driver education programs in public and nonpublic schools". Attached to this memo is a report of the revenues and expenditures from the inception of the initial $3 fee (October 1, 2002) and includes the new $5 fee commencing in March 2015. As of March 31, 2022, the balance in the Fund is $200,348. The Clerk's office will continue to provide a quarterly report of the traffic education trust activity. RECOMMENDATION Staff recommends that the Board of County Commissioners accept the attached report. 23 64110 d = L ) U N O j ",8 CK C $ O c LU 5 W M H C O p U ~ C 0 N U IO N O C j d �_ O c O « N C O C O N 0 ° r Q M M N N jv m m r a O' 2 y f0 V N U O f daF c W d z ti li fA fA f9 N N N N Q M V � ID In w n l0 r co t+J N N N tD ID <0 M O LL O -It c2 N N } O0j LL O Q) � E9 f9 N O O N N N O N IO N Q IO N Q r 47 N N O M M LLe� O 0I coc V O N N tO0 N a0 O Q f`O') CN] Q N Goo ID O N LL C M O p) f9 (A 00 r 0 N T C R r N M NO O N N O O O V r m lo m LL O M O � � EA Vi IO r N M N I IRQ Q M. N N N ISD IO f`Q') CQ') M M (00 LL O M O p) ` vi ui �IQDv oo n m (0 o Q O In N r o o r u7 Q Cl N N IQD IQO 100 IOD M M }N lL O C0I 'o m » vi � cc v IO N Q N � � m O N m N tb r rn IO O O A N N M N f0 M (0 IO r N M M LL O M O p) 9 di L2 M IO IO N O) r M Q N w Q r Q NNN t0 mm t0 (MO Q to v r LLO� O p) � fA fA M M N M r O t0D Q cO0 (MD Q M r O Q O N N N N N N Q LL O M O � � EA EA M N N O N C2 O M O) O OMO R T IO M (MD r N � O M LL O p� � EA EA O N t0 IO IO (D Op n N W /O O M M AN N c N Mos w M M N O M } O T 64110 d = L ) U N O j ",8 CK C $ O c LU 5 W M H C O p U ~ C 0 N U IO N O C j d �_ O W a C O C O N 0 N N N jv m m m W Z to mui m m m 2 y t U a a Wc aO�i~ daF c W d z ti li 64110 d = L ) U N O j ",8 CK C $ O c LU 5 W M H C O p U ~ C 0 N JEFFREY R. SMITH, CPA, CGFO, CGMA Clerk of Circuit Court & Comptroller Internal Audit Division 2000 16`h Avenue Vero Beach, FL 32960 Telephone: (772) 226-3108 TO: Board of County Commissioners FROM: Edward Halsey, Internal Audit Director THRU: Jeffrey R. Smith, Clerk of the Circuit Court and Comptroller DATE: May 20, 2022 SUBJECT: Quarterly Tourist Development Tax Report for Quarter Ending 03/31/2022 BACKGROUND Attached to this memorandum is the report of the tourist development tax monies collected in the Clerk's office for quarters ended March 31, 2021 and 2022. The report shows five categories of activity including short-term rentals. RECOMMENDATION Staff recommends that the Board of County Commissioners accept the attached Quarterly Tourist Development Tax Report. 25 CD N oa000l� 0 0 0 e o in N Zb N O e p vi O O l- 'C O 0 .-r CN t u N v O 'C aw I4A I60� INDIAN RIVER COUNTY, FLORIDA MEMORANDUM TO: Jason E. Brown; County Administrator THROUGH: Phillip J. Matson, AICP; Community Development Director Brian Freeman, AICP; MPO Staff Director FROM: Jon Howard; Senior Transportation Planner DATE: June 7, 2022 SUBJECT: Approval of a Scope of Services with the Center for Transportation Research for the 2023 Transit Development Plan (TDP) Major Update It is requested that the information herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of June 21, 2022. DESCRIPTION & CONDITIONS Each year, Indian River County receives public transportation operating assistance through the Florida Department of Transportation (FDOT) Public Transportation Block Grant program. Providing over $600,000 annually, the Block Grant program is one of the more significant sources of funding assistance for the County's public transportation system. In order to qualify for state Public Transportation Block Grant funds, agencies in the state of Florida must adopt a Transit Development Plan major update every five years. Indian River County's next TDP major update is scheduled to be submitted to FDOT by September 1, 2023. To meet that deadline, the Metropolitan Planning Organization (MPO) has included a TDP major update task in its Unified Planning Work Program (UPWP). As indicated in the UPWP, consultant services will be used to assist in the development of the major update. The Center for Urban Transportation Research (CUTR) has been selected to perform the major update. Based out of the University of South Florida, CUTR has previously prepared TDP major updates for Indian River County in 2008 and 2013. ANALYSIS The scope of services for the development of the Transit Development Plan major update contains tasks to identify and evaluate existing transit services and resources, determine short range transit and mobility needs, formulate transit goals and accompanying objectives, identify transit alternatives, select preferred alternatives, and develop an implementation plan. As structured, the scope of services directs the consultant to consider policy initiatives, funding constraints, the C:\Granicus\Legistar5\L5\Temp\961e8f9f-3a9c-46b-Mb-bb9lVfl318b.docx 217 identified community need for transit services, and the users of transit. The scope also directs the consultant to coordinate with local stakeholders, regional transit providers, and other interested parties. The proposed scope of services is substantially similar to previous scope of services. The cost of the 2023 TDP major update is $160,240.21 and will be paid for with federal transit planning Section 5305(d) grant funds. Over the next 12-15 months, the consultant will make multiple presentations to the MPO and its advisory committees prior to final adoption of the TDP by the Board. FUNDING The proposed contract will be paid for with federal Section 5305(d) (transit planning) grant funds. Funding in the amount of $160,240.21 will be budgeted and available in the MPO/Other Contractual Services/TDP Major Update account (Account Number 12420415-033490-08014). RECOMMENDATION Staff recommends that the Board of County Commissioners review the Transit Development Plan Major Update Draft Scope of Services prepared by the Center for Urban Transportation Research (CUTR), waive the requirement for bids, and authorize staff to issue a Purchase Order in the amount of $160,240.21 for Consultant Services. ATTACHMENT 1. Draft Scope of Services for the Transit Development Plan Major Update C:\Granicus\Legistar5\L5\Temp\961e8f9f-3a9c-4c3b-8f9b-bb91f7fl318b.dom 28 Transit Development Plan Major Update Draft Scope of Services FINAL May 2022 PREPARED FOR Indian River County Contract Number www.cutr.usf.edu A Project Name: Transit Development Plan Major Update Purpose: To prepare a major update of the Transit Development Plan for Indian River for the planning horizon period of 2023 to 2032. Project Managers and Staff: Deliverable(s): • Project Schedule • Monthly reports & invoicing through project completion • Working Group (internal) Meetings • Draft Chapters • Ten Year Improvement Program • Board Presentations • Draft TDP Plan • Final TDP Plan • Archive of Project Files Proposed Fee $160,240 www.cutr.usf.edu 3a SCOPE OF SERVICES A TDP is a multi-year plan required by the Florida Department of Transportation (FDOT) that calls for a description of the transit agency's vision for public transportation, along with an assessment of transit needs in the study area and a staged implementation program to set priorities for improvements. FDOT requires a TDP in order to maintain eligibility for state Block Grant funding. This major update of the Transit Development Plan (TDP) shall incorporate a 10 -year planning horizon beginning in FY 2023. It shall address the requirements of, and be consistent with, applicable Florida Department of Transportation (FDOT) regulations, all requirements of Florida Administrative Code Section 14-73.001 (revised and published in December 2006), and all requirements of Florida Statute 341.052. The Transit Development Plan is also a policy document that integrates transit goals and objectives with those of other adopted plans, including the State Transportation Plan and other local government comprehensive plans. FDOT strongly encourages a strategic approach to the planning process and emphasizes the importance of public participation in the preparation of the Transit Development Plan. The most recent Major Update of the Transit Development Plan (TDP) for Indian River was adopted in September 2019 with a planning horizon of FY 2019 — FY 2028. There have been annual updates since then and a major update is due by September 1, 2023. This task is to prepare a major update of the TDP for Indian River and extend the planning horizon to cover the period from FY 2023 to FY 2032. Objectives To provide management, coordination and production of a Major TDP Update for Indian River Transit in compliance with Florida Department of Transportation (FDOT) regulations, all requirements of Florida Administrative Code Section 14-73.001 (revised and published in February 2020), all requirements of Florida Statute 341.052 and any relevant policies of MAP - 21, the Federal Highway Administration and the transit agency. • To develop a public involvement and outreach plan that emphasizes a customer orientation and provides Indian River with insight into the public's issues, needs and opinions; • To organize a TDP that serves as a strategic business plan for the County to provide effective and efficient mobility services, establish transit goals, policies, and objectives to develop new services, to afford opportunities for new funding sources and partnerships, and to develop an implementation plan. • To assess community and organizational stakeholders vision and opinion of public transportation, as well as, service expectations and level of support for improvements; www.cutr.usf.edu 34 • To focus upon the relationships between public transportation and overall economic development; • To coordinate the TDP short range strategic planning perspective with the Metropolitan Planning Organization's (MPO) long-range transportation plans as well as various local government mobility initiatives; • To develop Goals, Objectives and Strategies resulting from all task activities and analyses, including a Peer and Trend Analysis of Indian River; and • To create a goal -oriented work program management process based upon a five year operating and capital program that supports sound management decisions and prioritizes service improvements. Task 1: Project Management Establish a Project Management Team and TDP Working Group At the onset of the project, the primary members of the Working Group will meet to discuss project issues, develop a detailed scope of work listing key work elements, and finalize a timeline for completion of key components of the project. Quarterly meetings will entail progress reports from CUTR detailing work completed to date, identification of outstanding issues, and scheduling forthcoming project work. CUTR will be responsible for the organization of the committee and for convening the scheduled meetings. Task Activities 1) CUTR will assign a Project Manager to coordinate all TDP tasks with the designated Study Project Manager of Indian River. 2) CUTR will manage the study to address schedule requirements and compliance with local, state and federal procedures throughout the process ensuring the completion and delivery of the final TDP. Upon Notice -To -Proceed, CUTR will develop a detailed project schedule for Indian River's approval. It is anticipated that this study will take twelve (12) months to complete. 3) CUTR will prepare periodic progress reports outlining project activities completed to date, including periodic invoices for services completed. These will include technical memoranda with approximate target dates based upon days from the formal Notice -To - Proceed (NTP). 4) CUTR will support Indian River in establishing a TDP Steering Committee made up of stakeholders to contribute and provide input to the development of the TDP and to review deliverables produced by CUTR. In consultation with Indian River, CUTR will identify and recommend persons from the following constituencies to participate in the Steering Committee: www.cutr.usf.edu 31 a) SRA Staff b) FDOT District Staff c) Indian River Staff The Steering Committee is expected to have up to 5-6 members and hold progress and product review meetings every two to three months throughout the TDP update. These will incorporate the interactive component of the Public Involvement Plan as well as the TDLCB. CUTR will be responsible for preparing the agenda and materials for each meeting, with electronic versions sent to Indian River staff. Task 2: Public Involvement Program To establish an overall TDP Public Involvement Plan (PIP) that ensures compliance with local, state and federal policies. It is expected that this PIP will mirror the one used in the 2019 TDP Update. Additionally, the PIP will seek to receive valuable public input to develop mobility options tailored for a full array of markets throughout the Indian River County service area. Based on the approved MPO Public Involvement and Participation Plan, CUTR will draft and, following FDOT's approval, finalize a written Public Involvement Plan designed to involve transit riders, the general public and transit stakeholders in the TDP update. A special effort will be made to seek out and include minorities, low income, elderly and disabled populations. In addition, public meetings, workshops, and hearings will be provided at convenient times and locations in accessible venues. The public involvement activities comprise multiple outreach activities to target specific user groups of the transit system, including community organizations with interests in public transportation, input from the general public, and existing users of the Indian River services. Task 2A— Establishment of Community Connections and Listening Sessions CUTR, in collaboration with Indian River staff, will organize and maintain a master list of community organizations with interests in public transportation including government, business (chambers of commerce), social service agencies, charitable agencies, tourism, public and private education. When possible, CUTR will communicate with these community connections to inform and promote project phases and formal outreach activities. Task 2B — Survey of General Public via Paper & Website CUTR will develop a survey instrument for the general public designed to probe attitudes towards transit, perceptions of transportation in Indian River County and the existing system, needed service enhancements, and factors that encourage or discourage transit use. Questions from the 2019 TDP Online Survey will be included. CUTR will enable distribution of the general public survey via social media platforms which will target respondents based on geographic location to ensure only Indian River County residents are surveyed. Additionally, the public survey will be linked to multiple other social media and web platforms of the County, www.cutr.usf.edu 33 community partners, municipalities and the MPO. Indian River will be responsible for supplying all artwork related to Indian River County logos and color schemes. Task 2C - Conduct On -Board Customer Survey CUTR will conduct an onboard survey designed to properly represent the Indian River customers. Questions from the 2019 TDP On -Board Survey will be included. CUTR will use the results to gain insight into customer demographics, travel patterns, and preferences. Customer Survey data will be used to determine transit rider characteristics such as: • Trip Origin (Address, Intersection, or Zip Code) • Trip Destination (Address, Intersection, or Zip Code) • Residence Zip Code • Access Mode to Transit Route • Other Route(s) or Services Utilization • Gender • Age • Income • Trip Purpose • Transit Service Satisfaction It is expected that the number of responses will be at or above the 750 responses that were received for the 2019 TDP On -Board Survey. Task 2D — Conduct Stakeholder Interviews CUTR will conduct structured interviews of major stakeholders representing Indian River County, transit contractors, municipalities, outside interest groups, customers, the regional workforce board and others identified by Indian River staff. Factors to be probed in the interviews will include: • External trends that support or hinder transit such as: o Congestion o Parking o Land use changes, emerging activity centers o Socio-economic shifts o Fuel apple costs o Environmental Changes & Concerns o Funding • Strengths & Weaknesses of Indian River's Existing Services • Barriers & Opportunities for improvements and/or expansion of services www.cutr.usf.edu A Task 2E — Operator Feedback Interviews This task will include a summary of operator interviews. CUTR staff will ensure that relevant questions related to the TDP effort will be included in the interviews conducted as part of the Organizational and Operational Evaluation and Process Improvement Project, which will be conducted concurrently with the TDP effort. CUTR staff will include interview results in Task 2 of the TDP. Task 3 —Assessment of Existing Conditions CUTR will collect relevant data to identify public transportation needs, based on potential customer markets, service characteristics and commercial and residential developments, and opportunities for strategic initiatives. These data will reflect the conditions and trends within the service are and will establish the operating environment. The assessment will help identify the mobility needs of the community. Generalized Data Needs: • Demographic • Socio -Economic Data • Land Use • Population Growth • Travel / Mobility Patterns • Accessibility Component Task 3A— Land Use & Socio -Economic Data CUTR will utilize U.S. Census American Community Survey (ACS) data to establish population and housing characteristics for Indian River. Other Census products such as the Longitudinal Employment Household Dynamics (LEHD) data will be used to establish employment and commuting patterns. These will be supplemented by other data maintained by Indian River and/or the MPO so that CUTR can develop GIS maps to portray: • Population & Housing density patterns • Employment density patterns • Existing and Future Land Use • Major Activity Centers (e.g., major employers, employment, educational, medical shopping, or recreational centers) • Trip generators • Age distribution • Auto Ownership patterns / Vehicles per household • TD population & potential TD populations • Population or households at or below poverty level by block group map www.cutr.usf.edu M1 Task 4 — Performance Evaluation This task will provide an overview of existing Indian River services and a performance review including a trend analysis and peer comparison for both the fixed route and demand response services Task 4A — Profile Existing Transit Service CUTR will describe the service currently available in Indian River County, in narrative, tabular and graphic form, including: • History & Institutional Arrangements • Service Area • Services Provided, including: o Fixed Route o Paratransit o Carpool & Vanpool o Other Public and Regional Transit services • Service Levels o Hours & days of service by route o Route frequencies by day and time period • Assets o Fleet & service vehicles by type & age o Major Equipment o Maintenance facility o Infrastructure — transit centers, shelters & bus stops, park -n -rides/ walking/biking distance, accessibility component o Staffing, broken down by function (e.g., operators, supervisors, maintenance, administration) Task 4B —Transit Performance Measures CUTR will compile data for the latest fiscal year and historical data since last major update. System -wide data and/or route -level data will be analyzed as appropriate. CUTR will develop transit performance measures based on the indicators listed in the table below (subject to review/revision by Working Group): www.cutr.usf.edu 39 Task 4C — Develop Trend & Peer Group Analysis CUTR will summarize historical trends for key performance, effectiveness and efficiency indicators drawn from the above measures. The period of analysis will be five years (or another similar period determined jointly by CUTR and Indian River). In addition, in consultation with the Indian River staff, CUTR will identify up to ten (10) peer systems based on comparable service area populations, fleet size, socio-economic, land -use and institutional characteristics (e.g., purchased service). A mix of Florida and out-of-state peer systems will be identified. The selection of peer agencies will be guided by ICRP Report 141, A Methodology for Performance Measurement and Peer Comparison in the Public Transportation Industry and augmented by CUTR and Indian River staff's knowledge and judgment. Data will be drawn from the National Transit Database (NTD) or other sources and summarized by CUTR. In addition to the performance indicators listed in the above table, this analysis will benefit from seeing how a set of peer agencies perform across a number of additional measures relating to operations, finance, and organizational structure. Data to be used in this analysis will include, but not be limited to, the following areas: • Organizational structure • Employees by type • Operating expenses by category • Maintenance expenses by category www.cutr.usf.edu 39 General Performance Indicators Effectiveness Measures Efficiency Measures • Passenger trips • Vehicle miles per capita • Operating expenses per • Revenue miles • Passenger trips per capita capita • Revenue hours • Passenger trips per • Operating expenses per • Route miles revenue mile passenger trip • Operating expenses • Passenger trips per • Operating expenses per • Capital expenses revenue hour revenue mile • Operating revenues • Average age of fleet • Operating expenses per • Total employees • Revenue hours per revenue hour • Vehicles available for employee • Farebox recovery ratio maximum service • Passenger trips per • Revenue miles per vehicle employee • Revenue hours per • Quality of Service (revenue employee miles between vehicle • Passenger trips per failures) employee • Average fare Task 4C — Develop Trend & Peer Group Analysis CUTR will summarize historical trends for key performance, effectiveness and efficiency indicators drawn from the above measures. The period of analysis will be five years (or another similar period determined jointly by CUTR and Indian River). In addition, in consultation with the Indian River staff, CUTR will identify up to ten (10) peer systems based on comparable service area populations, fleet size, socio-economic, land -use and institutional characteristics (e.g., purchased service). A mix of Florida and out-of-state peer systems will be identified. The selection of peer agencies will be guided by ICRP Report 141, A Methodology for Performance Measurement and Peer Comparison in the Public Transportation Industry and augmented by CUTR and Indian River staff's knowledge and judgment. Data will be drawn from the National Transit Database (NTD) or other sources and summarized by CUTR. In addition to the performance indicators listed in the above table, this analysis will benefit from seeing how a set of peer agencies perform across a number of additional measures relating to operations, finance, and organizational structure. Data to be used in this analysis will include, but not be limited to, the following areas: • Organizational structure • Employees by type • Operating expenses by category • Maintenance expenses by category www.cutr.usf.edu 39 • Administrative expenses by category • Source of funding These additional data will be compiled from NTD as appropriate, but any items not available in NTD can be collected by contacting individual peer agencies, as needed. The peer review analysis will include a description of the methodology and data used, a series of data tables and graphics to illustrate the data, and a written analysis of the information. The results of this analysis will be used as an input into the Organizational and Operational Evaluation and Process Improvement Project, which will be conducted concurrently with this TDP. Task 5 — Situation Appraisal This task will examine the degree to which community and other plans are supportive of transit in the overall planning environment. This task includes a forecast of transit demand using FDOT's approved tool, the Transit Boardings Estimation Simulation Tool (T -BEST). Task SA— Review Related Plans and Transit Environment CUTR will review the effects of the following as they relate to the transit system in Indian River County, including: • assessment of institutional and governance issues • local, state and regional plans and actions • land use/growth management policies and programs • organizational issues • existing and proposed ITS technologies CUTR will make an assessment of the extent to which land use and urban design patterns in Indian River County's service area support or hinder the efficient provision of transit service, including any specific efforts by local land use authorities to foster transit development. CUTR also will review and summarize related plans & policies including: • Comprehensive plans, including Capital Improvement Elements, for Indian River County, Cities of Fellsmere, Roseland, Sebastian, Vero Beach and Wabasso, and other local governments. • Development of Regional Impacts • Long Range Transportation Plan & Vision Plan • Transportation Improvement Program • FDOT Work Program • Regional Policy Plan/Joint planning w/adjacent counties • Coordinated Public Transit & Human Services Plan • Transportation Disadvantaged Service Plan (TDSP) • Florida Transportation Plan www.cutr.usf.edu 19 • Modal plans for bicycle and pedestrian networks • Park & Ride, Parking management plan(s) • ITS planning and new technology deployment, e.g., alternative fuels, automated vehicle location (AVL) and traveler information systems, signal priority for transit, safety, security & electronic fare collection systems. CUTR will also conduct an assessment of the transit environment through a review of existing and future land use maps, aerials, and a limited field survey to determine land use patterns, emerging developments, and urban design characteristics and their impact on transit. Task 56 — Ten -Year Forecast of Transit Demand In accordance with Rule 14-73.001, CUTR will utilize the Transit Boardings Estimation Simulation Tool (T -BEST) to forecast ridership over a ten year period using several improvement scenarios. CUTR will review trip patterns from the T -BEST model's base year and future year travel demand. CUTR will then utilize the T -BEST model to test various service improvement scenarios such as improvements to existing services and new services in new service areas. The demand for transit service over the next ten years will be determined from model outputs and any changes to the underlying demographics and development pattern of the transit service area. CUTR may also consider factors such as trip -making patterns exhibited by the County's Transportation Disadvantaged (TD) population, to the extent such data is available from the coordinated system. Demand forecasts from T -BEST are but one tool to determine future service improvements. Task 6 — Update of Policy Framework and Goals and Objectives This task will assimilate all of the previous tasks to develop goals, objectives and performance measures to guide future transit service plans and plan initiatives. From the preceding tasks, and with the participation of the Steering Committee, CUTR will recommend updates to the following policy documents: • Agency Vision Statement (e.g., the ideal future) • Mission Statement (e.g., organizational purpose, activities, & values) • Goals, Objectives & Strategies • Performance Standards & Monitoring based on the established goals and objectives. Task 7 — Definition & Evaluation of Alternatives This task will define and evaluate alternatives for service improvements to be programmed for the ten-year planning period. Alternatives will be evaluated for highest ridership potential, community need/demand, cost effectiveness, and will consider improvements to existing service, new service areas and new service types. Based on the preceding Strategic Assessment, Performance Evaluation and Updated Policy Framework, CUTR will develop alternative future transit scenarios. These will be developed in a www.cutr.usf.edu M Charrette (brainstorming workshop) during stakeholder interview, public workshops, survey or online tool like metroquest and may be related to alternative funding scenarios. The alternatives will be developed in tabular and graphic form and encompass: • Alternative Service Designs, and may focus on one or more of the following: o Upgrading the existing fixed -route system (span & frequency of service) o Expanding fixed -routes to provide more connectivity o Extending coverage to more areas o Making regional connections o Consideration of new service types (e.g. providing flex -route service to lower density area or activity center circulators) o ADA service changes to complement fixed -route expansion • Capital and Operating needs including: o Fleet Requirements o Facilities o Transit Infrastructure The alternatives will be evaluated by their effectiveness in achieving the approved Goals & Objectives, order -of -magnitude costs, and further public input. The Steering Committee will be asked to rank and select a preferred alternative to use as the basis for the Ten -Year Action Plan. Task 8 —Ten -Year Action Plan Task 8A—Ten Year Implementation Program Report CUTR will prepare a report for the next ten years (FY 2023 to 2032) consisting of narrative, tables and graphics to summarize the selected alternative. The report will outline the process and input used to develop the plan, including goals, objectives, strategies, performance standards and policies. The report will be written in non-technical language and include supporting graphics and maps to enhance its readability. The report will provide a monitoring program for the Goals and Objectives with measures against which each objective and strategy can be compared for future annual updates. Task 8B — Financial Plan Based on the preferred alternative, CUTR will prepare financial tables for a ten-year projection of the following: • Operating expenses based on projected vehicle hours and/or miles of service • Operating revenues based on projected funding by source • Capital expenses based on: o Fleet replacement schedules, maintenance and expansion needs • o Transit Capital improvement Program of fixed assets such as facilities, transit centers, shelters o Support vehicles, equipment replace/upgrades o Special initiatives such as ITS deployment • Capital funding based on projected grant sources, local match requirements, private sector sources Expenses and revenues will be presented in present day and year of expenditure figures. All assumptions and sources for funding and costs will be fully documented. Task 9 — Review & Adoption by Indian River County Board of County Commissioners/Endorsement by the MPO With approval from the Indian River staff, presentations are proposed with the Board of County Commissioners (BoCC) and the MPO committees (Technical Advisory Committee, Citizens Advisory Committee, and MPO Board) to provide the appropriate level of review and approval. These will occur at major milestones (or combined milestones) in the schedule to gain approval for: • Plan Goals & Objectives • Future Transit Alternatives • Final Plan Adoption Indian River staff will be responsible for the final adoption by the BoCC after appropriate presentations have been made. CUTR will prepare all agenda and presentation materials for distribution by the Indian River staff and participate in presenting them to the BoCC. • IA wl cq 0 44 r4 Ln 4A �T V� 00 "A 0 0 C30 rl N 00Ln 431 Mt M 4^ a LA GO cn Iq FN N 8 0 d 8 a 10. -4 A^ 0 00 m VR g a10 Lq 4^ r,' 0'O Ln Lo 0 8 t6n C4 V4CD C4 19, 'R d "1 a a CK k6 Ln cr; C4 Ln V Ln go %6 CD o § en 0, Iq LA 61 fi " i Ln c ► f14 LU L" a CA 40 t%d co LM -q 0 60 %D r� 40 (D r% vl� a 0 V� 8 pi -1 VI. 00 , q ON N M V4 .0 AjC. a CUL V Co E dA N U 6 - - 0 0 in > a > W, 1 �2 i 02 cr Ln w 0 CD cq 00 tn A^ .4 Rt ci k14 94 Ln 8 44 V4 as F, C4 14 rm La 1p UD ,A Ln F4 LM en Lo LAC rq 0, 0 r� In it 0 co rn Lo 4A I^ to Krt rv1 th ryi t^ Q to 0 tr� C41 4, to " N uh ccen 4in 0 8 LA GO 0 g Q 0 00 0 g r,' 0'O O g q 5� w 0 Ln V Ln CD o § I,. 0, LA Ln fi " i Ln c ► f14 LU L" a CA 40 n 8 pi a VI. , q N M V4 .0 AjC. a CUL V Co E dA N U 6 - - 0 0 in > a > W, 1 �2 i 02 CN 191" IR- LA GO 0 g Q 0 00 0 g r,' 0'O O g q 5� w 0 Ln V Ln LA LU IN rn Ln c ► f14 LU L" 40 n a .0 AjC. a CUL V Co E 3 U > a > 4A cr CN 191" IR- LA GO r,' 0'O LU IN rn c 0 LU L" CN 191" IR- CONSENT AGENDA INDIAN RIVER COUNTY OFFICE OF MANAGEMENT AND BUDGET PURCHASING DIVISION DATE: June 14, 2022 TO: BOARD OF COUNTY COMMISSIONERS THROUGH: Jason E. Brown, County Administrator Kristin Daniels, Budget Director FROM: Jennifer Hyde, Purchasing Manager SUBJECT: Designation of Excess Equipment as Surplus and Disposal Authorization and Reactivation of Asset 24738 BACKGROUND: The equipment on the attached list has been determined excess to the needs of Indian River County and requires disposal in accordance with Florida Statutes and Finance Policies. As previously authorized by the Board, the items will be sold by online auction and funds received from the sale of these items will be returned to the appropriate accounts. Asset 24738, a 2008 Chevrolet Silverado (Fleet 351) was declared surplus by the Board on April 5, 2022, but has been requested to be reactivated and transferred to the Stormwater Division, as ordering windows for new vehicles have been extremely short, with very long lead times. FUNDING: There is no cost to the County associated with this request. RECOMMENDATION: Staff recommends the Board reactivate asset 24738, declare the items on the Excess List for 062122 Agenda as surplus, and authorize their disposal. ATTACHMENT: Excess List for 062122 43 04 >>> z z z z z z} z z z z z z z p > 3 m o a zj 0 0 V N CT) r4 O ci U) 0 0 N C:) p Q V N N m `"'� 00 N v1 2�� v X Q Ln 2 x >� p a C7 f 0(n m K U x Lr) \ LD -zzr m> -1 Ln m n N Q I- Cj o co > ^ rn "? V oo ?� V N Z N � l V" m N � O N °� N O N c-1 ci o rn m U V Q m ° (D � v v U Ln O Q) Y W Q U m r a a lD `i N N C7 u O N .D O Q K N v � Q1 O n > N N O "6 QE 'O _O t O v o E a L= s x on O _cc L O� O z OC O r O O O Y E LL v m o o U o 0 0 0 E o o °° = o o~ o O p� N O N O V O �-i OLn N O .� On LD N On �' On Q o y0 co c w 00 -0 Ln n Ln n .� In Ln ~ Z 75 V N X X X X X X X X Q U i D_ w 11E _O y 0! N ? l) 0J O Q N 0 Y O i v Q Q Q Q Q Q .`^ O Q Q v v a Ln a a O Q Q Q Q x Q Q v a - Q m 2 r 0) a 0 0 0 0 V v O O D_ 0 0�� u D °I)) Ln 3 oN. � o 0 0 0 0� S o 0 0 0 0 0 No N NV) n 00 N v v m m a n LL Ln Lfl LD N W CD O 00 ci m N-zzr W U) a--1 V 0 Ln N W .-t In OZi- co N m c -I O M, 00 o LD N X n M m N Ln 0 m n O n m LD m M m W x n m lD N N Ln Ln LD N r m N D) Q) n 00 n —1 Ln lD m 00 00 00 Q) N Q 00 c -I N N N N N N N N N N N N N N rl N N c -I O Ln 00 ti �+ co o O mIzil Ln Ln n n OJ m a p N N m o 0 0 0 o O m m V ,T D 0 N N N N N N N N N N m 1 Consent Agenda Indian River County Interoffice Memorandum Office of Management & Budget To: Members of the Board of County Commissioners From: Kristin Daniels Director, Office of Management & Budget Date: June 7, 2022 Subject: Miscellaneous Budget Amendment 006 Description and Conditions: 1. On March 15, 2022, the Board of County Commissioners approved the FWC Grant for Indian River County Derelict Vessel Removal Project for $34,300. On June 7, 2022 it was announced that the County would only be requesting $29,600, since one of the boats covered by the grant has already been removed by the owner. Exhibit "A" appropriates $29,600 in grant revenues and expenses. 2. The Indian River Chamber of Commerce/Economic Development Division has returned $16,031.79 to the County. These funds represent the dissolvement of the Greater Treasure Coast Partnership. The Economic Development Council has asked these funds be added to the salary line item of the current budget for Economic Development. Exhibit "A" appropriates $16,032 to General Fund/Agencies/Economic Development Council. 3. On April 19, 2022, the Board of County Commissioners approved the FDOT Section 5311 grant for $79,305. Exhibit "A" appropriates the revenue and expense. 4. The Florida Department of Labor has invoiced the County for Unemployment Compensation in several departments. Exhibit "A" appropriates $3,154 from General Fund/Reserve for Contingency, $1,876 from Transportation Fund/Reserve for Contingency and $69 from Emergency Services District/Reserve for Contingency. Staff Recommendation Staff recommends the Board of County Commissioners approve the budget resolution amending the fiscal year 2021-22 budget. 45 RESOLUTION NO. 2022- A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, AMENDING THE FISCAL YEAR 2021-2022 BUDGET. WHEREAS, certain appropriation and expenditure amendments to the adopted Fiscal Year 2021-2022 Budget are to be made by resolution pursuant to section 129.06(2), Florida Statutes; and WHEREAS, the Board of County Commissioners of Indian River County desires to amend the fiscal year 2021-2022 budget, as more specifically set forth in Exhibit "A" attached hereto and by this reference made a part hereof, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that the Fiscal Year 2021-2022 Budget be and hereby is amended as set forth in Exhibit "A" upon adoption of this Resolution. This Resolution was moved for adoption by , and the motion was seconded by Commissioner and, upon being put to a vote, the vote was as follows: Chairman Peter D. O'Bryan Vice Chairman Joe Earman Commissioner Susan Adams Commissioner Joseph E. Flescher Commissioner Laura Moss Commissioner The Chairman thereupon declared this Resolution duly passed and adopted this day of , 2022. Attest: Jeffrey R. Smith Clerk of Court and Comptroller Deputy Clerk INDIAN RIVER COUNTY, FLORIDA Board of County Commissioners M APPROVED AS TO FORM AND LEGAL SUFFICIENCY COUNTY ATTORNEY 46 Resolution No. 2022 - Budget Office Approval: Kristin Daniels, Budget Director Exhibit "A" Budget Amendment 006 Entry Type Fund/ Department/Account Name Account Number Increase Decrease Numb Revenue FL Boating/Derelict Vessel Removal Grant 133033-334700 $29,600 $0 1. Expense FL Boating/Parks/Other Contractual Services 13321072-033490 $29,600 $0 Revenue General Fund/Misc/Other Misc Revenues 001038-369900 $16,032 $0 2. Expense General Fund/Agencies/Economic Development Council 00111052-088010 $16,032 $0 Revenue General Fund/Section 5311 Grant -SRA 001033-331423 $79,305 $0 3. Expense GeneralFund/Agencies/Community Transportation 00111041-088230-54001 $79,305 $0 Coordinator General Fund/BCC/Unemployment Compensation 00110111-012150 $3,154 $0 General Fund/Reserve/Reserve fr Contingency 00119981-099910 $0 $3,154 Transportation Fund/Engineering/Unemployment 11124441-012150 $1,876 $0 4 Expense Compensation Transportation Fund/Reserves/Reserve for Contingency 11119981-099910 $0 $1,876 Emergency Services District/Fire Rescue/Unemployment 11412022-012150 $69 $0 Compensation Emergency Services/Reserve/Reserve for Contingency 11412022-099910 $0 $69 ofl 47 W INDIAN RIVER COUNTY, FLORIDA MEMORANDUM TO: Indian River County Board of County Commissioners VIA: Jason Brown, County Administrator Dylan Reingold, County Attorney FROM: Dan Russell, Information Technology Director SUBJECT: Winter Beach Tower Lease Amendment DATE: June 14, 2022 BACKGROUND: In 1990, the County entered into a property lease agreement with Bellsouth Mobility, Inc. for the purpose of constructing, maintaining and operating a communications tower in Winter Beach located at 3925 65th Street. This lease was amended in November, 2014 changing the lawful tenant to Florida 2B MPL Tower Holdings, LLC and extending the term of the lease to January, 2026. This lease was amended a second time in December, 2015 extending the term of the lease to January, 2046, increasing the annual escalation rate, and adding a revenue share provision of 33% for all new subleases. Florida 2B MPL Tower Holdings, LLC through their agent Crown Castle is seeking to amend the current lease in order to add a new tenant sublease for Dish Wireless, LLC. In consideration of such consent, FL 2B MPL Tower Holdings LLC shall make payments to County with respect to such sublease or license as provided in Section 3(d) of the Second Amendment. The initial recurring monthly payment for the new sublease will be $330.00. FUNDING This new sublease will generate $3,960.00 in annual revenue for the County and the funds will be deposited into the General Fund/Radio Tower Rents account 001038-362011. RECOMMENDATION Staff has coordinated with the County's Telecommunications Tower Consultant and the County Attorney on the contents of the attached lease amendment. Staff recommends that the Board approve the lease amendment and authorize the Chairman to execute the lease amendment and any associated lease documentation and permits. ATTACHMENTS 840753 Third Ammendment.pdf 8400753 Site Plan.pdf DISTRIBUTION Dylan Reingold, County Attorney Kristin Daniels, Director, Office of Management and Budget Elisa Nagy, Director, Finance Randy King, Information Systems & Telecommunications Manager 48 STATE OF FLORIDA COUNTY OF INDIAN RIVER THIRD AMENDMENT TO LEASE AGREEMENT THIS THIRD AMENDMENT TO LEASE AGREEMENT (the "Amendment") is made and entered into effective as of the last date of execution set forth below, by and between INDIAN RIVER, COUNTY, a political subdivision of the State of Florida, having a mailing address of 1801 27th Street, Vero Beach, Florida 32960 ("LESSOR'), and FLORIDA 2B MPL TOWER HOLDINGS LLC, a Delaware limited liability company, successor in interest to Florida RSA No. 2B (Indian River) Limited Partnership, successor in interest to BellSouth Mobility, Inc., a Georgia corporation ("TENANT"). WITNESSETH: WHEREAS, LESSOR and BellSouth Mobility, Inc. entered into that certain Option and Lease Agreement dated August 14, 1990 (the "Original Agreement"), covering certain real property, together with an easement for ingress, egress and utilities thereto, as more fully described in the Original Agreement, as amended (the "Leased Premises"); WHEREAS, LESSOR and TENANT entered into that certain First Amendment dated November 18, 2014.(the "First Amendment") and that certain Lease Extension and Second Amendment dated January 25, 2016 (the "Second Amendment", and together with the First Amendment and the Original Agreement, the "Agreement"); WHEREAS, the Agreement has an original term (including all extension terms) that will terminate on January 20, 2046 (the "Original Term") and the parties desire to amend the Agreement as set forth herein. NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements contained herein, the sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 1. CONSENT. LESSOR hereby consents to TENANT subleasing or licensing space at the Leased Premises to Dish Wireless, LLC, its subsidiaries and affiliates. In consideration of such consent, TENANT shall make payments to LESSOR with respect to such sublease or license as provided in Section 3(d) of the Second Amendment. BU# 840753; Vero 49 47606129v4 2. MISCELLANEOUS. (a) Full Force and Effect. All of the terms, provisions, covenants and agreements contained in the Agreement are hereby incorporated herein by reference in the same manner and to the same extent as if all such terms, provisions, covenants and agreements were fully set forth herein. LESSOR and TENANT ratify, confirm and adopt the Agreement as of the date hereof and acknowledge that there are no defaults under the Agreement or events or circumstances which, with the giving of notice or passage of time or both, would ripen into events of default. Except as otherwise expressly amended herein, all the terms and conditions of the Agreement shall remain and continue in full force and effect. In case of any inconsistency between the Agreement, and this Amendment, the terms and conditions of this Amendment shall govern and control. (b) Binding Effect. This Amendment shall be binding upon the heirs, legal representatives, successors and assigns of the parties. The parties shall execute and deliver such further and additional instruments, agreements and other documents as may be necessary to evidence or carry out the provisions of the Amendment. (c) IRS Form W-9. LESSOR agrees to provide TENANT with a completed IRS Form W-9, or its equivalent, upon execution of this Amendment and at such other times as may be reasonably requested by TENANT. In the event the Leased Premises is transferred, the succeeding LESSOR shall have a duty at the time of such transfer to provide TENANT with a Change of Ownership Form as provided by TENANT and a completed IRS Form W-9, or its equivalent, and other related paper work to effect a transfer in rent to the new LESSOR. LESSOR's failure to provide the IRS Form W-9 within thirty (30) days after TENANT's request shall be considered a default and TENANT may take any reasonable action necessary to comply with IRS regulations including, but not limited to, withholding applicable taxes from rent payments. (d) Survey. TENANT reserves the right, at its discretion and at its sole cost, to obtain a survey (the "Survey') specifically describing the Leased Premises and any access and utility easements associated therewith. TENANT shall be permitted to attach the Survey as an exhibit to this Amendment and any related memorandum for recording, which Survey shall update and replace the existing description of the Leased Premises, at any time prior to or after closing the complete execution of this Amendment. (e) Representations and Warranties. LESSOR represents and warrants that: (i) LESSOR is duly authorized to and has the full power and authority to enter into this Amendment and to perform all of LESSOR's obligations under the Agreement as amended hereby. (ii) TENANT is not currently in default under the Agreement, and to LESSOR's knowledge, no event or condition has occurred or presently exists which, with notice or the passage of time or both, would constitute a default by TENANT under the Agreement. BUk 840753; Vero 50 47606129 v4 (iii) LESSOR agrees to provide such further assurances as may be requested to carry out and evidence the full intent of the parties under the Agreement as amended hereby, and ensure TENANT's continuous and uninterrupted use, possession and quiet enjoyment of the Leased Premises under the Agreement as amended hereby. (f) Entire Agreement. This Amendment supersedes all agreements previously made between the parties relating to its subject matter. (g) Litigation Costs. In the event that it becomes necessary for either party hereto to initiate litigation for the purpose of enforcing any of its or his rights hereunder or for the purpose of seeking damages for any violation hereof, then, in addition to all other judicial remedies that may be granted, the prevailing party shall be entitled to recover reasonable attorneys' fees and all other costs that may be sustained by such prevailing party in connection with such litigation. (h) Recording. At any time following the execution of this Amendment by all parties hereto, Tenant, at its cost and expense, shall have the right, at any time during the term of the Amendment, as may be amended from time to time, and for no additional consideration payable to LESSOR, to record in the appropriate recording office for land records: (i) a memorandum of this Amendment ("Memorandum") and LESSOR covenants and agrees to execute said Memorandum within thirty (30) days following Tenant's written request therefor; and (ii) a notice or affidavit of amendment to lease (each, a "Notice of Amendment to Lease") executed solely by Tenant. Each of the Memorandum and the Notice of Amendment to Lease are intended to provide record notice of the terms of this Amendment. (i) Counterparts. This Amendment may be, acknowledged and delivered by electronic and digital signatures and in any number of counterparts, and each such counterpart shall constitute an original, but together such counterparts shall constitute only one instrument. (j) Electronic Signatures. Each party agrees that the electronic signatures of the parties included in this Amendment are intended to authenticate this writing and to have the same force and effect as manual signatures. As used herein, "electronic signature" means any electronic sound, symbol, or process attached to or logically associated with this Amendment and executed and adopted by a party with the intent to sign such Amendment, including facsimile or email electronic signatures. [Signatures Appear on the Following Page] DU# 840753: Vero 51 47606129A IN WITNESS WHEREOF, the parties hereto have executed this Third Amendment to Lease Agreement effective as of the last date of execution shown below. ATTEST: By: — Namc: Its: STATE OF COUNTY LESSOR: INDIAN RIVER COUNTY, FLORIDA, by and through its duly authorized BOARD OF COUNTY COMMISSIONERS By: _ Name: Its: The foregoing instrument was acknowledged before me by means of ❑ physical presence or ❑ online notarization, this day of , 20_, by 'the of the BOARD OF COUNTY COMMISSIONERS of INDIAN RIVER COUNTY, a political subdivision of the State of Florida, who executed the foregoing Third Amendment to Lease Agreement on behalf of the said Board. He/She is personally known to me or has produced as identification. Given under my hand this day of , 20 Notary Public Printed Name My Commission Expires: My Commission Number: BU# 840753; Vero 52 4 7606129 v4 TENANT: FLORIDA 213 MPL TOWER HOLDINGS LLC, a Delaware limited liability company By: CCATT LLC, a Delaware limited liability company Its Attorney -in -Fact M (SEAL) /+. Jim !�� • Isu- Its: Manager RE Transactions STATE OF �5 ) f' COUNTY ) The foregoing instrument was acknowledged before me by means of IR/Physical presence or ❑ online nptarization, this day of Dune. , 207A, by Lot,I_OpeZ the Manager RE Transactions of CCATT LLC, a Delaware limited liability company, Attorney -in -Fact for FLORIDA 26 MPL TOWER HOLDINGS LLC, a Delaware limited liability company, who executed the foregoing Third Amendment to Lease Agreement on behalf of the said limited liability company. Ile/She is personally known to me or has produced as identification. Given under my hand this " t Notary P blic Printed Name a,{r� My Commission Expires: My Commission Number: day of 7:v (In P , 20'Z't., 3lrojzoZ4 Z391 6UX; n['# 840753; Fero 53 -17606129 %=1 CAROL pjotery public, State of Texas M. Expires 03-10.2024 Notary ID 132396806 n['# 840753; Fero 53 -17606129 %=1 55 Dylan Reingold, County Attorney William K DeBraal, Deputy County Attorney Susan J. Prado, Assistant County Attorney it CONSENT: 6/21/2022 ffi Oce of INDIAN RIVER COUNTY ATTORNEY MEMORANDUM TO: Board of County Commissioners FROM: Dylan Reingold - County Attorney DATE: June 10, 2022 RE: Resolutions Delegating the Authority to the County Administrator or his Designee to Call Letters of Credit and to Act on Behalf of Indian River County during the Time Frames of July 13, 2022, through and including August 15, 2022 and August 17, 2022, through and including September 12, 2022 The Indian River County Board of County Commissioners has no regularly scheduled meetings during the time frames of July 13, 2022, through and including August 15, 2022 and August 17, 2022, through and including September 12, 2022. During these intervals, it is necessary and desirable that the Board delegate to the County Administrator, or his designee, the authority to call Letters of Credit that may expire during this time interval. Further, it is necessary and desirable that the Board delegate to the County Administrator, or his designee the authority to execute all other documents necessary for the proper functioning of the County. Funding: There is no expense associated with this item. Requested Action: Authorize the Chairman to sign the Resolutions as presented, delegating the authority to call Letters of Credit and delegating full signing authority during the periods of July 13, 2022, through and including August 15, 2022 and August 17, 2022, through and including September 12, 2022. Attachment Proposed Resolutions C:\Granicus\Legistar5\L5\Temp\6489316e-e7ae-45f2-b6f2-dc I MecdW.doc 56 RESOLUTION NO. 2022- A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, DELEGATING AUTHORITY TO THE COUNTY ADMINISTRATOR OR HIS DESIGNEE, TO EXECUTE RESOLUTIONS CALLING LETTERS OF CREDIT AS NECESSARY DURING THE PERIOD COMMENCING JULY 13, 2022, THROUGH AND INCLUDING AUGUST 15, 2022, AND FURTHER DELEGATING TO THE COUNTY ADMINISTRATOR OR HIS DESIGNEE, THE AUTHORITY TO EXECUTE ALL DOCUMENTS NECESSARY TO THE PROPER FUNCTIONING OF THE COUNTY DURING THE PERIOD COMMENCING JULY 13, 2022, THROUGH AND INCLUDING AUGUST 15, 2022. WHEREAS, there are no regularly scheduled Board meetings during the period commencing July 13, 2022, through and including August 15, 2022; WHEREAS, Section 101.05.1.q of The Code of Indian River County allows the Board to authorize the County Administrator, or his designee, to perform other duties on behalf of the Board of County Commissioners; WHEREAS, various letters of credit are posted with the County to, among other things, guarantee performance or warranty as well as compliance and restoration of sand mines, and many letters of credit have certain call language requiring a resolution of the Board of County Commissioners declaring default or failure to post alternate security; WHEREAS, it is necessary to delegate specific authority to execute resolutions on behalf of the Board of County Commissioners to call letters of credit; WHEREAS, it is necessary to delegate additional signing authority, not previously delegated by Florida Statutes, The Code of Indian River County, and Indian River County resolutions, to each of the County Administrator or his designee; and WHEREAS, pursuant to Resolution No. 2021-79 and section 101.10(1) of The Code of Indian River County, the Board of County Commissioners delegated to the Indian River County Administrator acting as Indian River County Emergency Services District Director, or his designee, the authority: (i) to declare a state of local emergency for Indian River County pursuant to Florida Statutes section 252.38(3)(a)(5)(2021); and (ii) pursuant to any duly issued Executive Order concerning Emergency Management issued by the Governor of the State of Florida declaring that a disaster and/or emergency [as such terms are defined in Florida Statutes section 252.34 (2) and (4) respectively] exists in Indian River County, to issue orders and rules, including, without limitation, the ability to issue Emergency Orders for Indian River County, during the period of the declared emergency, and such delegation in Resolution No. 2021-79 remains in full force and effect; and WHEREAS, pursuant to Resolution No. 2021-80, the Board of County Commissioners delegated to the Indian River County Administrator or his designee, the authority to execute resolutions on behalf of the Board to call letters of credit which might expire or otherwise require action to be taken during the period of a declared state of local emergency or declared State of Florida C:\Granicus\Legistar5\L5\Temp\a04ed275-c5d4-43a4-a2de-c317' 32de1 ab.doc 57 RESOLUTION NO. 2022 - emergency affecting Indian River County, and such delegation in Resolution No. 2021-80 remains in full force and effect. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: 1. The County Administrator, or his designee, is hereby delegated the authority to execute resolutions on behalf of the Board of County Commissioners to call letters of credit which might expire or otherwise require action to be taken during the period commencing July 13, 2022, through and including August 15, 2022. Any resolutions executed by the County Administrator or his designee, to call letters of credit during the period commencing July 13, 2022, through and including August 15, 2022, are to be accompanied by a copy of this Resolution. 2. The County Administrator, or his designee, is hereby authorized to execute all documents necessary to the proper functioning of the County, which may arise during the period commencing July 13, 2022, through and including August 15, 2022, provided that all such documents signed during such interval are brought to the Board of County Commissioners for ratification. 3. The Effective Date of this Resolution is June 21, 2022, and this Resolution shall expire without further action of this Board at the close of business on August 15, 2022. This Resolution was moved for adoption by Commissioner and the motion was seconded by Commissioner , and, upon being put to a vote, the vote was as follows: Chairman Peter D. O'Bryan Vice Chairman Joseph H. Earman Commissioner Susan Adams Commissioner Joseph E. Flescher Commissioner Laura Moss The Chairman thereupon declared this Resolution duly passed and adopted this 21St day of June, 2021. BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA By Attest: Jeffrey R. Smith, Clerk of Court and Comptroller By Deputy Clerk Approved as to form and legal sufficiency By Dylan Reingold, County Attorney Peter D. O'Bryan, Chairman RESOLUTION NO. 2022- A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, DELEGATING AUTHORITY TO THE COUNTY ADMINISTRATOR OR HIS DESIGNEE, TO EXECUTE RESOLUTIONS CALLING LETTERS OF CREDIT AS NECESSARY DURING THE PERIOD COMMENCING AUGUST 17, 2022, THROUGH AND INCLUDING SEPTEMBER 12, 2022, AND FURTHER DELEGATING TO THE COUNTY ADMINISTRATOR OR HIS DESIGNEE, THE AUTHORITY TO EXECUTE ALL DOCUMENTS NECESSARY TO THE PROPER FUNCTIONING OF THE COUNTY DURING THE PERIOD COMMENCING AUGUST 17, 2022, THROUGH AND INCLUDING SEPTEMBER 12, 2022. WHEREAS, there are no regularly scheduled Board meetings during the period commencing August 17, 2022, through and including September 12, 2022; WHEREAS, Section 101.05.1.q of The Code of Indian River County allows the Board to authorize the County Administrator, or his designee, to perform other duties on behalf of the Board of County Commissioners; WHEREAS, various letters of credit are posted with the County to, among other things, guarantee performance or warranty as well as compliance and restoration of sand mines, and many letters of credit have certain call language requiring a resolution of the Board of County Commissioners declaring default or failure to post alternate security; WHEREAS, it is necessary to delegate specific authority to execute resolutions on behalf of the Board of County Commissioners to call letters of credit; WHEREAS, it is necessary to delegate additional signing authority, not previously delegated by Florida Statutes, The Code of Indian River County, and Indian River County resolutions, to each of the County Administrator or his designee; and WHEREAS, pursuant to Resolution No. 2021-79 and section 101.10(1) of The Code of Indian River County, the Board of County Commissioners delegated to the Indian River County Administrator acting as Indian River County Emergency Services District Director, or his designee, the authority: (i) to declare a state of local emergency for Indian River County pursuant to Florida Statutes section 252.38(3)(a)(5)(2021); and (ii) pursuant to any duly issued Executive Order concerning Emergency Management issued by the Governor of the State of Florida declaring that a disaster and/or emergency [as such terms are defined in Florida Statutes section 252.34 (2) and (4) respectively] exists in Indian River County, to issue orders and rules, including, without limitation, the ability to issue Emergency Orders for Indian River County, during the period of the declared emergency, and such delegation in Resolution No. 2021-79 remains in full force and effect; and WHEREAS, pursuant to Resolution No. 2021-80, the Board of County Commissioners delegated to the Indian River County Administrator or his designee, the authority to execute resolutions on behalf of the Board to call letters of credit which might expire or otherwise require action to be taken during the period of a declared state of local emergency or declared State of Florida C:\Granicus\Legistar5\L5\Temp\5045f382-2769-401 d-91 ea-23865P774658.doc 59 RESOLUTION NO. 2022 - emergency affecting Indian River County, and such delegation in Resolution No. 2021-80 remains in full force and effect. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: 1. The County Administrator, or his designee, is hereby delegated the authority to execute resolutions on behalf of the Board of County Commissioners to call letters of credit which might expire or otherwise require action to be taken during the period commencing August 17, 2022, through and including September 12, 2022. Any resolutions executed by the County Administrator or his designee, to call letters of credit during the period commencing August 17, 2022, through and including September 12, 2022, are to be accompanied by a copy of this Resolution. 2. The County Administrator, or his designee, is hereby authorized to execute all documents necessary to the proper functioning of the County, which may arise during the period commencing August 17, 2022, through and including September 12, 2022, provided that all such documents signed during such interval are brought to the Board of County Commissioners for ratification. 3. The Effective Date of this Resolution is June 21, 2022, and this Resolution shall expire without further action of this Board at the close of business on September 12, 2022. This Resolution was moved for adoption by Commissioner and the motion was seconded by Commissioner , and, upon being put to a vote, the vote was as follows: Chairman Peter D. O'Bryan Vice Chairman Joseph H. Earman Commissioner Susan Adams Commissioner Joseph E. Flescher Commissioner Laura Moss The Chairman thereupon declared this Resolution duly passed and adopted this 21s' day of June, 2021. BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA By. Attest: Jeffrey R. Smith, Clerk of Court and Comptroller By Deputy Clerk Approved as to form and legal sufficiency By Dylan Reingold, County Attorney Peter D. O'Bryan, Chairman 0 INDIAN RIVER COUNTY, FLORIDA MEMORANDUM TO: Jason E. Brown, County Administrator THROUGH: Richard B. Szpyrka, P.E., Public Works Director James W. Ennis, P.E., PMP, Assistant Public Works Director FROM: Mark Winslow, P.E., Project Engineer SUBJECT: Work Order No. 4—Andersen Andre Consulting Engineers, Inc. IRC -1639 - 69th Street From 66th Ave. to SRS/US1, Resurfacing Construction Materials Testing Services DATE: June 10, 2022 DESCRIPTION AND CONDITIONS On December 7, 2021, the Board of County Commissioners renewed and amended the Continuing Contract Agreement for Continuing Geotechnical Engineering, with Andersen Andre Consulting Engineers, Inc. for various services including, but not limited to, field and laboratory construction materials testing in Indian River County. The purpose of Work Order No. 4 is to provide construction materials testing services for the resurfacing of 69th Street from 66th Avenue to SR5/US-1. Andersen Andre Consulting Engineers, Inc. submitted the proposal outlined in the attached Work Order No. 4 and Scope of Services (Exhibit A) for a not -to -exceed amount of $46,510. FUNDING Funding is budgeted in Account Number 10921441-066510-19003, Secondary Roads/69th Street/66th Ave to US1 for $46,510. RECOMMENDATION Staff recommends approval of Work Order No. 4 to Andersen Andre Consulting Engineers, Inc. authorizing the professional services as outlined in the Scope of Services (Exhibit A) and requests the Board to authorize the Chairman to execute Work Order No. 4 on their behalf for a not -to -exceed amount of $46,510. ATTACHMENTS Work Order No. 4 Scope of Services (Exhibit A) AGENDA ITEM FOR JUNE 21, 2022 61 C:\Gra n icus\Legistar5\L5\Temp\74089d37-3a2d-4971-9655-1b980543dffa.doc WORK ORDER NUMBER 4 IRC -1639 69TH STREET FROM 66TH AVENUE TO SRS/US1, RESURFACING This Work Order Number 4 is entered into as of this day , 20 pursuant to that certain Continuing Contract Agreement for Continuing Geotechnical Engineering dated December 4, 2018, renewed and amended as of December 7, 2021, collectively referred to as the "Agreement", by and between INDIAN RIVER COUNTY, a political subdivision of the State of Florida ("COUNTY") and ANDERSEN ANDRE CONSULTING ENGINEERS, INC. ("CONSULTANT"). The COUNTY has selected the CONSULTANT to perform the professional services set forth on Exhibit A (Scope of Services), attached to this Work Order No. 4 and made part hereof by this reference. The professional services will be performed by the CONSULTANT for the fee schedule set forth in Exhibit A (Fee Schedule), attached to this Work Order and made a part hereof by this reference. The Consultant will perform the professional services within the timeframes more particularly set forth in Exhibit A, attached to this Work Order and made a part hereof by this reference all in accordance with the terms and provisions set forth in the Agreement. Nothing contained in any Work Order shall conflict with the terms of the Agreement and the terms of the Agreement shall be deemed to be incorporated in each individual Work Order as if fully set forth herein. IN WITNESS WHEREOF, the parties hereto have executed this Work Order as of the date first written above. CONSULTANT: BOARD OF COUNTY COMMISSIONERS ANDERSEN ANDRE OF INDIAN RIVER COUNTY CONSULTING ENGINEERS, INC. By: Title: By: Peter D. O'Bryan, Chairman BCC Approved Date: Attest: Jeffrey R. Smith, Clerk of Court and Comptroller By: Approved: Approved as to form and legal sufficiency: Deputy Clerk Jason E. Brown, County Administrator William K. DeBraal, Deputy County Attorney 62 EXHIBIT ANDERSEN ANDRE CONSULTING ENGINEERS, INC. Geotechnical Engineering Construction Materials Testing Environmental Consulting Indian River County Engineering Department 1801 27h Street, Building `A' Vero Beach, Florida 32960 Attention: Mr. Mark Winslow, P.E., CFM Project Engineer AACE Proposal No. P22-2311 May 20, 2022 Revised May 31, 2022 Subject: PROPOSAL FOR CONSTRUCTION MATERIALS TESTING 69''" STREET (66T" AVENUE TO SR5/US-1) FULL DEPTH RECLAMATION PROJECT FM No. 438073-1-54-01 IRC PROTECT No. 1639 INDIAN RIVER COUNTY, FLORIDA Dear Mr. Winslow: Andersen Andre Consulting Engineers, Inc. (AACE) is pleased to present this proposal for construction materials testing services during improvements to portions of 69th Street, as indicated above. The purpose of our services, as discussed further herein, will be to provide materials testing in general accordance with the project plans and technical specifications. BACKGROUND INFORMATION We understand that the proposed improvements to 69d' Street consist of refurbishing (through the Full Depth Reclamation (FDR) process) the roadway for the following three segments (approximately 1.6 miles): from STA 118+13.62 to STA 150+28.55, STA 168+50.39 to STA 217+07.44 and STA 234+20.64 to STA238+69.85. Testing associated with the relocation of a 12" PVC water main has been presented in a separate proposal (AACE P22-2319 dated May 26, 2022). Further, we understand that this is an FDOT Small County Outreach Program (SCOP). Therefore, based on our understanding of the project and on our conversations with the FDOT State Materials Office, the quality control measures listed in the FDOT's Developmental Specification T332 Full Deptb Reclamation, including "Addendum 3" provided to us by the County, should be adhered to. - Balance ofpage intenfionalyleft blank - 834 SW Swan Avenue, Port St. Lucie, Florida 34983 Ph: 772-807-9191 Fx: 772-807-9192 www.aaceinc.com 63 69TH STREET FM No. 438073-1-54-01 IRC PRolEcr No. 1639 RACE Proposal No. P22-2311 SCOPE OF SERVICES Page -2- Based on the FDOT's Developmental Specification T332 and on our experience with similar projects (including 5Srh Avenue), we understand that required QC services will include the elements listed below: Field and Laboratory Testing of FDR Roadway Base and Shoulders: - Obtaining samples of pulverized road base for laboratory gradation testing at a frequency of one sample for every 2,000LF per lane, or as needed. - Obtain samples of the FDR mix for laboratory Marshall Stability testing every 2,000LF per lane, or as needed. - Obtaining one sample for laboratory moisture/density relationship testing at a frequency of one sample for every 2,000LF per lane, or as needed. - Performing one in-place field density test for every 50OLF of the compacted mixture on days selected by IRC staff (or as otherwise requested by IRC staff). - Obtaining composite samples of the Refurbished Stabilized Shoulders and widened areas at a frequency of one sample for every 2,000 LF for laboratory Limerock Bearing Value (LBR) testing, or as needed. - Obtaining composite samples of the FDR mix at a frequency of one sample for every 2,000 LF for laboratory Limerock Bearing Value (LBR) testing, or as needed. - Performing in-place density testing of shoulder stabilized subgrade (approximately one (1) test per every 2 LOTS of shoulder (about 1,000 LF), each direction or at the direction of the County. - Performing in-place density testing of embankment, as needed. QC services during paving operations: - Performing asphalt plant inspection services during three (3) paving operations (selected by IRC). - Obtaining roadway cores on four (4) occasions after paving operations for specific gravity (density) determination (estimated three (3) cores obtained during each event). - Obtaining a maximum of four (4) bulk samples of asphalt for asphalt content and gradation testing. Drainage Construction: - Performing in-place density testing of soil used to backfill all drainage excavations Miscellaneous Testing - Performing concrete testing services for non-structural concrete (sidewalks and ADA ramps, curbing, headwall, bus shelter pad, and driveways). - Perform density testing for general restoration and corrective construction (driveway restoration, sidewalk subgrade, utility and hydrant relocations, etc.) We note that no field and/or laboratory testinz of the FDR mix is included herein for the purpose of confirming that a Structural Number of 1.8 has been achieved. We understand that such testing will be the responsibility of the Contractor's testing consultant. Based upon our understanding of the project plans and our prior experience with projects similar to this one, we estimate the cost of the services will be approximately $46,510.00. The actual cost of AACE's testing services will be a function of work actually performed in accordance with the attached unit fee schedule (in accordance with the continuing service contract between Indian River County and AACE, Contract #20211207). Contractor efficiency, methodology and changes in testing frequencies may affect the testing cost. We will notify you in advance if it appears that the cost estimate will be exceeded. - Balance ofpage intentionally 10 blank - 64 69TH STREET FM No. 438073-1-54-01 IRC PROJECT No. 1639 RACE Proposal No. P22-2311 Page -3- To authorize us to proceed with this project, please execute and return to us a copy of the attached Project Agreement form or a Purchase Order number. If you have any questions or if we can provide any additional information, please feel free to contact us at your convenience. Best Regards, ANDERSEN ANDRE CONSULTING ENGINEERS, INC - David P. Andre, P.E. Peter G. Andersen, P.E. Principal Engineer Principal Engineer ANDERSEN ANDRE CONSULTING ENGINEERS, INC. WWW.AACEINC.C� 69TH STREET FM No. 438073-1-54-01 IRC PRoJECT No. 1639 AACE Proposal No. P22-2311 ITEM #1: Field and Lab TestinLy of FDR Roadwav Base and Shoulders and Roadwav Widenin Page -4- • Road Base Particle Size Analysis of Pulverized Base: - Washed Sieve Analyses; 14 tests @ $95.00/test.................................................. $1,330.00 - Sample Preparation; 14 tests @ $35.00/test....................................................... $490.00 • Marshall Stability of FDR Mixture: 14 tests @ $190.00/ test .......................................... $2,660.00 • Moisture/Density Relationship (Proctor) Testing. 14 tests @ $91.00/test ............................... $1,274.00 • LBR Testing; 15 tests @ $315.00/test............................................................ $4,725.00 • In -Place Density Testing of FDR Mix, Widening Base & Stabilized Shoulders; - 80 tests @ $25.00/test (minimum 4 tests per hour, per trip) ......................................... $2,000.00 • In -Place Density Testing of Roadway Embankment (as needed); - 25 tests @ $25.00/test (minimum 4 tests per hour, per trip) ........................................... $625.00 • Engineering Technician (man-hours for sample collection, limited standby, etc.) -65 hours @ $63.00/hour..................................................................... $4,095.00 Item #1 Subtotal: ........................................... $17,199.00 ITEM #2: QC Services During Paving Operations • Asphalt Plant Inspection - Senior Transportation/Roadway Technician; - 3 Days x 10 hours/day @ $85.00/hr. x 1.5 (nighttime testing rate) ................................... $3,825.00 - Asphalt Content and Extraction/Gradation Testing; 3 samples x $210.00/sample ........................ $630.00 • Roadway Coring (3 Coring Events) - Engineering Technician (for Roadway Coring - 2 techs. required for all coring); 4 events @ 8 hours/event x @ $63.00/hour x 2 technicians ........................................ $4,032.00 - Coring Mobilization; 4 events x $100.00/mob..................................................... $400.00 - Core Machine Usage; 4 days x $150.00/day....................................................... $600.00 - Generator Usage;4 days $50.00/day............................................................$200.00 - Specific Gravity Testing (Unit Weight) of Cores; 12 cores x $37.00/core................................ $444.00 Item #2 Subtotal: ........................................... $10,131.00 ITEM #3: DrainaLye Construction • Proctor Testing: 5 tests @ $91.00/test............................................................. $455.00 • In -Place Density Testing of Excavation Backfill; - 225 tests @ $25.00/test (minimum 4 tests per hour, per trip) ........................................ $5,625.00 • Engineering Technician (man-hour estimate for road closure standby, etc.) -30 hours @ $63.00/hour..................................................................... $1,890.00 Item #3 Subtotal: ............................................ $7,970.00 ► ITEM #4: Miscellaneous Testin • Sidewalk, Curbing, ADA Ramp Subgrade: 30 density tests @ $25.00/test................................. $750.00 • Compressive Strength Testing of Concrete (sidewalk, headwall, ramps, etc.); - 8 sets of 4 specimens @ $95.00/set.............................................................. $760.00 • Modified Proctor Testing; 3 tests @ $91.00/test.....................................................$273.00 Item #4 Subtotal: ............................................ $1,783.00 ► ITEM #5: Professional/Administrative Services Estimate: • Snr. Project Engineer: - Limited Meeting Attendance - 3 meetings x 3 hrs./mtg. x $128.00/hour .............................. $1,152.00 - Project Coordination, review of testing results; 25 weeks x 2 hrs./week x $128.00/hour ................. $6,400.00 • Technical Secretary; 25 weeks x 1.5 hrs./week x $50.00/hour........................................ $1,875.00 Item #5 Subtotal: ............................................ $9,427.00 PROTECT TOTAL: . __ $4310.00 69TH STREET Page -5- FM No. 438073-1-54-01 IRC PRojECT No. 1639 RACE Proposal No. P22-2311 TERMS AND CONDITIONS (1) Unit rates apply to standard working days, Monday through Friday, 7:00 a.m to 6:00 p.m. Testing and hourly rates will be increased by 50% for weekend, holiday or after-hours services (i.e., services performed before 7:00 am or after 7:00 pm). Our man-hour rates as presented herein are based on day -time testing only. No allowances for nighttime work are reflected in our fee. (2) The contractor (or County personnel) should contact Andersen Andre Consulting Engineers, Inc. at (772) 807-9191 a minimum of 24 hours prior to any testing and 48 hours prior to weekend and evening work. (3) If our testing estimate for a specific work element is insufficient for that particular activity, resources from another work element can be used without prior authorization from the client as long as our total cost estimate is not exceeded. We will notify you in advance if it appears that the cost estimate presented in the attached unit fee schedule will be exceeded. (4) AACE has not been provided with the selected Contractor's proposed schedule (i.e.; paving days, FDR days, etc.). Therefore, man-hours and associated testing quantities are based on our experience with similar projects. It is possible that our testing budget may require revision based on contractor efficiency, methodology and scheduling. (5) Soil sample and concrete cylinder pickup for laboratory testing (e.g., Proctor, LBR testing, compressive strength, etc.) will be billed at $63.00/hour if not scheduled with other work. (6) Our services do not include reviewing, monitoring or reporting any aspect of the required Maintenance of Traffic (M.O.T.) that may be required for this project. (7) AACE's field technicians and engineers do not direct or witness the performance of any work. Neither the presence of an AACE representative on-site nor the observation and testing performed by our firm implies AACE's responsibility for defects discovered in the construction work. (8) RACE will not be responsible for job or site safety for this project; job site safety will be the sole responsibility of the contractor. (9) AACE will not have stop -work authority. Should our representatives encounter materials or workmanship that, either based on direct testing or on our experience with similar projects, does not appear to meet the engineering plans and specifications, we will notify Indian River County immediately. Results will not be relayed to the Contractor without prior consent of the County. (10) We understand that no FDOT Earthwork/Density Log Book will be required for this project. ANDERSEN ANDRE CONSULTING ENGINEERS, INC. WWW.AACEINC.CO r6' ANDERSEN ANDRE CONSULTING ENGINEERS, INC. PROFESSIONAL SERVICES AGREEMENT AACE Proposal No: P22-2311 Project Name: 69th Street (66th Avenue to SR5/US-1) Full Depth Reclamation Project FM No. 438073-1-54-01 / IRC Project No. 1639 Client: Indian River County Address: 1801 27th Street, Building `A' Attention: Mr. Mark Winslow, P.E., CFM, Project Engineer Vero Beach, Florida 32960 Client hereby requests and authorizes Andersen Andre Consulting Engineers, Inc. ("AACE") to perform the following services: Provide materials testing services during the 69`' Street Improvement Project, as described herein. Estimated Budget: $46,510.00 Payment Terms: Net 30 days from invoice date; invoices will be sent every four weeks for continued or extended projects. Interest charges, 1'/2% per month following the due date. Proposal Acceptance: By accepting this Proposal, the Terms and Conditions of this Proposal, including the Terms on this page, and Andersen Andre Consulting Engineers, Inc.'s General Conditions appearing on the reverse side of this page are incorporated herein by reference. In the event this Professional Services Agreement was received by facsimile or via email, Client hereby confirms that the above described Proposal, the Terms and Conditions of this Proposal, including the Terms on this page, and Andersen Andre Consulting Engineers, Inc.'s General Conditions have been made available and are incorporated in this agreement. PURSUANT TO FLORIDA STATUTES SECTION 558.0035 (2013) AN INDIVIDUAL EMPLOYEE OR AGENT MAY NOT BE HELD INDIVIDUALLY LIABLE FOR NEGLIGENCE. Accepted by CLIENT: By: Name: Tile: Datc: Billing Address: Accepted for AACE: By: Name: David P. Andre, P.E. Title: Principal Engineer Date: May 31, 2022 Phone No. 68 GENERAL CONDITIONS 1- Parties And Scope Of Work: Andersen Andre Consulting Engineers, Inc. (hereinafter referred to as "AACE') shall include said company, its individual professionals, particular division, subsidiary or affiliate performing the Work. "Work" means the specific geotechnical, analytical, testing, environmental or other service to be performed by AACE as set forth in AACE's proposal, the Client's acceptance thereof, both incorporated herein by this reference, and these General Conditions. "Client" refers to the person or business entity ordering the Work to be done by RACE. If the client is ordering the Work on behalf of another, the Client represents and warrants that the Client is the duly authorized agent of said parry for the purpose of ordering and directing said Work. Further, Client shall disclose any such agency relationship to AACE in writing before the commencement of AACE's Work hereunder. Client agrees that AACE's professional duties are specifically limited to the Work as set forth in AACE's proposal. The Client assumes sole responsibility for determining whether the quantity and the nature of the Work ordered by the Client is adequate and sufficient for the Client's intended purpose. Client shall communicate these General Conditions to each and every third parry to whom the Client transmits any pan of AACE's Work. AACE's Work is for the exclusive use of Client, and its properly disclosed principal. In no event shall AACE have any duty or obligation to any third party. The ordering of Work from AACE shall constitute acceptance of the terms of AACE's proposal and these General Conditions. 2 - Scheduling of Work: If AACE is required to delay commencement of the work, or if, upon embarking on its work, AACE is required to stop, delay or otherwise interrupt the progress of work as a result of changes in the scope of work requested by the client, to fulfill the requirements of third parties, interruptions in the progress of construction, or other causes beyond the exclusive reasonable control of AACE, additional charges will be applicable and payable by the Client. 3 - Responsibility: AACE's work shall not include determining, supervising, or implementing the means, methods, techniques, sequences or procedures of construction. AACE shall not be responsible for evaluating, reporting or affecting job conditions concerning health, safety or welfare. AACE's work or failure to perform same shall not in any way excuse any contractor, subcontractor or supplier from performance of its work in accordance with the contract documents. 4 - Payment: Payment shall be due within 30 days after date of invoice. Interest at the rate of 18% per annum (or the highest rate allowable by law) from 30 days after date of invoice to date payment is received will be added to all amounts not paid within 30 days after date of invoice. All attorney fees and expenses associated with collection of past due invoices will be paid by Client. 5 - Right -of -Entry: Unless otherwise agreed, Client will furnish right -of -entry on the property for AACE to make the planned borings, surveys, and/or explorations. AACE will take reasonable precautions to minimize damage to the property caused by its equipment and sampling procedures, but the cost of restoration or damage which may result from the planned operations is not included in the contracted amount. If Client desires to restore the property to its former condition, AACE will accomplish this and add the cost to its fee. 6 - Damage to Existing Man-made Objects: It shall be the responsibility of the Owner or his duly authorized representative to disclose the presence and accurate location of all hidden or obscure man-made objects relative to field tests, sampling, or boring locations. When cautioned, advised or given data in writing that reveal the presence or potential presence of underground or overground obstructions, such as utilities, AACE will give special instructions to its field personnel. As evidenced by your acceptance of this proposal, Client agrees to defend, indemnify and save harmless AACE from all claims, suits, losses, personal injuries, death and property liability resulting from subsurface conditions or damages to subsurface structures or man made objects, owned by Client or third parties, occurring in the performance of the proposed work, whose presence and exact locations were not revealed to AACE in writing, whether such claims or damages are caused in whole or in part by RACE, and agree to reimburse AACE for expenses in connection with any such claims or suits, including reasonable attorney's fees. Client's obligation to indemnify is limited to $1 million per occurrence, which Client agrees bears a reasonable commercial relationship to the Work undertaken by AACE. Client further agrees that these general conditions are a part of the Work's specifications or bid documents, if any. 7 - Warranty and Limitation of Liability: AACE shall perform services for Client in a professional manner, using that degree of care and skill ordinarily exercised by and consistent with the standards of competent consultants practicing in the same or a similar locality as the project. In the event any portion of the services fails to comply with this warranty obligation and AACE is promptly notified in writing prior to one year after completion of such portion of the services, AACE will re -perform such portion of the services, or if re -performance is impracticable, AACE will refund the amount of compensation paid to AACE for such portion of the services. This warranty is in lieu of all other warranties. No other warranty, expressed or implied, including warranties of merchantability and fitness for a particular purpose is made or intended by the proposal for consulting services, by furnishing an oral response of the findings made or by any representations made regarding the services included in this agreement. In no event shall AACE be liable for any special, indirect, incidental, or consequential loss or delay or time -related damages. The remedies set forth herein are exclusive and the total liability of consultant whether in contract, tort (including negligence whether sole or concurrent), or otherwise arising out of, connected with or resulting from the services provided pursuant to this Agreement shall not exceed the total fees paid by Client or $50,000.00, whichever is greater. Client may, upon written request received within five days of Client's acceptance hereof, increase the limit of AACE's liability by agreeing to pay AACE an additional sum as agreed in writing prior to the commencement of AACE's services. This charge is not to be construed as being a charge for insurance of any type, but is increased consideration for the greater liability involved. For services involving or relating to pollution, it is further agreed that the Client shall indemnify and hold harmless AACE and their consultants, agents and employees from and against all claims, damages, losses and expenses, direct and indirect or consequential damages, including but not limited to fees and charges of attorneys and court and arbitration costs, arising out of or resulting from the performance of the work by AACE, or claims against AACE arising from the work of others. This indemnification provision extends to claims against AACE which arise out of, are related to, or are based upon, the disposal, discharge, escape, release or saturation of vapors, fumes, acids, alkalis, toxic chemicals, liquids, gases or any other material, irritant, contaminant or pollutant in or into the atmosphere or on, onto, upon, in or into the surface or subsurface. Client's obligation to indemnify is limited to $1 million per occurrence, which Client agrees bears a reasonable commercial relationship to the Work undertaken by AACE. Client further agrees that these general conditions are a part of the Work's specifications or bid documents, if any. 8 - Sampling or Testing Location: Unless specifically stated to the contrary, the fees included in this proposal do not include costs associated with professional land surveying of the site or the accurate horizontal and vertical locations of tests. Field tests or boring locations described in our report or shown on our sketches are based on specific information furnished to us by others or estimates made in the field by our technicians. Such dimensions, depths or elevations should be considered as approximations unless otherwise stated in the report. 9 - Sample Handling and Retention: Generally test samples or specimens are consumed and/or substantially altered during the conduct of tests and AACE, at its sole discretion, will dispose (subject to the following) of any remaining residue immediately upon completion of test unless required in writing by the Client to store or otherwise handle the samples. (a) NON HAZARDOUS SAMPLES: At Client's written request, AACE will maintain preservable test samples and specimens or the residue therefrom for thirty (30) days after submission of AACE's report to Client free of storage charges. After the initial 30 days and upon written request, AACE will retain test specimens or samples for a mutually acceptable storage charge and period of time. (b) HAZARDOUS OR POTENTIALLY HAZARDOUS SAMPLES: In the event that samples contain substances or constituents hazardous or detrimental to human health, safety or the environment as defined by federal, state or local statutes, regulations, or ordinances ("Hazardous Substances" and "Hazardous Constituents", respectively), AACE will, after completion of testing and at Client's expense: (1) return such samples to Client, (h) using a manifest signed by Client as generator, will have such samples transported to a location selected by Client for final disposal. Client agrees to pay all costs associated with the storage, transport, and disposal of such samples. Client recognizes and agrees that AACE is acting as a bailee and at no time does RACE assume title of said waste. 10 - Discovery of Unanticipated Hazardous Materials: Hazardous materials or certain types of hazardous materials may exist at a site where there is no reason to believe they could or should be present. AACE and Client agree that the discovery of unanticipated hazardous materials constitutes a changed condition mandating a renegotiation of the scope of work or termination of services. AACE and Client also agree that the discovery of unanticipated hazardous materials may make it necessary for AACE to take immediate measures to protect health and safety. AACE agrees to notify Client as soon as practicable should unanticipated hazardous materials or suspected hazardous materials be encountered. Client encourages AACE to take any and all measures that, in AACE's professional opinion, are justified to preserve and protect the health and safety of AACE's personnel and the public. Client agrees to compensate AACE for the additional cost of working to protect employees' and the public's health and safety. In addition, Client waives any claim against AACE, and agrees to defend, indemnify and save AACE harmless from any claim or liability for injury or loss arising from AACE's discovery of unanticipated hazardous materials or suspected hazardous materials. Client also agrees to compensate AACE for any time spent and expenses incurred by AACE in defense of any such claim, with such compensation to be based upon AACE's prevailing fee schedule and expense reimbursement policy relative to recovery of direct project costs. 11- Joint and Several Liability: The concept of joint and several liability is basically this: When two or more parries are considered responsible for causing injury or damage, any one of the parties may be made to provide compensation for as much as 100% of the damages assessed. When applied to hazardous materials projects, it is possible that the concept of joint and several liability could be construed to make AACE partly or wholly responsible for damages created directly or indirectly by the hazardous materials. Client agrees that it would be unfair for AACE to be exposed to such an action, because AACE had nothing whatsoever to do with the creation of the hazardous condition. Accordingly, Client waives any claim against RACE, and agrees to defend, indemnify and save AACE harmless from any claim or liability for injury or loss arising from application of a joint and several liability concept that would, in any manner, hold or seek to hold AACE responsible for creating a hazardous condition or permitting one to exist. Client also agrees to compensate AACE for any time spent and expenses incurred by AACE in defense of any such claim, with such compensation to be based upon AACE's prevailing fee schedule and expense reimbursement policy relative to recovery of direct project costs. 12 - Legal Jurisdiction: The parties agree that any actions brought to enforce any provision of this Agreement shall only be brought in a court of competent jurisdiction located in St. Lucie County, Florida. All causes of action arising out of AACE's Work shall be deemed to have accrued and the applicable statutes of limitation shall commence to run not later than either the date of substantial completion of the Work for acts or failures to act occurring prior to substantial completion, or the date of issuance of final payment for acts or failures to act occurring after substantial completion of the Work. 13 - Force Majeure: AACE shall not be held responsible for any delay or failure in performance of any part of this Agreement to the extent such delay o f ilure is caused by fire, flood, explosion, war, strike, embargo, government requirettcivil or military authority, acts of God, act or omission of subcontractors, carriers, client or other similar causes beyond its control. ak INDIAN RIVER COUNTY, FLORIDA MEMORANDUM TO: Jason E. Brown, County Administrator FROM: Richard B. Szpyrka, P.E., Public Works Director SUBJECT: 11th Drive Project Construction Inspection Cost Share Approval DATE: June 13, 2022 DESCRIPTION AND CONDITIONS On October 22, 2019 the Board approved the 11th Drive Developers Agreement with Virginia W. Russell Family, Ltd. ("Russell") and Riverfront Groves, Inc., for the dedication of right of way, design, permitting and construction of 11thDrivefromthesouthern boundaryofthe Russell property to 411Street. The right-of-way dedication has occurred. As part of the agreement Russell was to design, permit, and construct 11th Drive as a two-lane roadwayfrom 41St Street to the southern point of the Russell property. All road construction is to be in compliance with design plans and standards which will need to be approved by Indian River County through the County right-of-way permitting process in accordance with Chapter 312 of the Indian River County Code of Ordinances. Once estimated costs for design, permitting, and construction were available, staff was required to obtain Board approval to proceed with cost sharing on the project. The total cost of design and permitting agreed to by both parties is $116,175. The reimbursable cost, also agreed to by both parties, for the roadway design is $93,210 that the County is responsible for and the Developer is responsible for $22,965 of developer related improvements. County staff and the Engineer also agreed on the engineers estimated construction cost of $1,289,177.50 of the roadway. We also agree that the County portion of the construction cost is $1,205,755.88 and the developer's portion is $83,421.62. On February 4, 2020 the Board approved the 11th Drive Project Developer's Agreement for cost sharing the costs above for the design, permitting, and construction of the project. The project is now fully designed and permitted. The Developer has bid and awarded the project per the Developer's Agreement requirements. As is true with all construction projects, construction inspection of the project is required and the Developer has contacted the County to cost share in these expenses. The cost of Construction Inspection Services for the project in the amount of $77,888.00, plus reimbursable expenses, was obtained from Masteller & Moler, Inc. The County's cost share will be 75% or $58,416.00 and the Developers share will be 25% or $19,472.00 with reimbursable expenses being shared in the same manner. This cost share is agreeable to Staff as it is consistent with sharing the costs for design, permitting and construction of the project. 70 Page 2 111h Drive Project - Construction Inspection Cost Share Approval For June 21, 2022 BCC Meeting FUNDING Funding for the County's share of the project Construction Inspection Services in the amount of $58,416.00 is programmed in the approved FY 21/22 Capital Improvement Element with $4,000,000 budgeted in the current year and $1,000,000 budgeted in FY 22/23 -Traffic Impact Fees 2020/District 2/Aviation Extension —US Highway 1 to 37th Street and 411t Street via McCrystal Drive/11th Drive., Account No. 10415241-066510-22010. Account Name Account Number Amount Traffic Impact Fees 2020/District 2/ Aviation 10415241-066510-22010 $58,416.00 Extension -US Highway 1 to 37th Street and 4152 Street via McCrystal Drive/111h Drive RECOMMENDATION Staff recommends the Board approve funding in the amount of $58,416.00 for the reimbursement of Construction Inspection Services costs to Russell for the County portion of 11th Drive. ATTACHMENTS Russell — Moler Construction Services Contract Dated May 12, 2022 AGENDA ITEM FOR: June 21, 2022 71 C:\G ra n icu s\Legista rS\LS\Tem p\7054bb b a -6a 12-4251-908-68e3e730189. doc MJ MASTELLER & MOLER, INC. M1 — CIVIL ENGINEERS May 12, 2022 Mr. Hugh L. Russell, II, GP / Co -Trustee Virginia W Russell FLP 1392 NE Rocky Springs Church Road Madison, Florida 32340-4031 hughrusse112@comcast.net RE: Harbor Bluffs Project —11th Drive Roadway Improvements Construction Administration Services Indian River County, FL Our File # 1931 LJ Dear Hugh: As you are aware, the 11th Drive Roadway Improvements project has been designed and fully permitted. In addition, the construction plans have been the subject of a bidding process during which Sheltra & Sons provided the only bid in the amount of $ 1,643,936. It is understood you will be entering into a contract for the construction of the 11th Drive Roadway Improvements project with Sheltra. It is understood you desire Masteller & Moler, Inc. to perform construction services for the project. It is understood in accordance with the approved Developer's Agreement between the Virginia Russell Family Limited Partnership (VRFLP) and Indian River County, you will be entitled to reimbursement for a portion of the construction services fees for this project. It is therefore recommended you obtain approval of our proposed fees for construction services from the County prior to executing this Proposal. We propose to provide you with the following construction services for the 11th Drive Roadway Improvements project: SCOPE OF SERVICES Shop Drawing Review / Pre -Construction Meeting: We shall review all shop drawings and submittals for site work construction pertaining to stormwater and paving systems. We shall coordinate obtaining Indian River County approval of the shop drawings. We will coordinate with the Contractor and his sub -contractors and Indian River County Personnel to set up the required pre -construction meeting. The "pre -con" provides an opportunity for the County to offer instructions regarding areas of special concern and to describe the construction inspection and project completion procedures. On -Site Construction Observation: During construction of the site improvements by the Contractor, we shall perform construction observation to confirm the stormwater management and roadway construction is completed in conformance with the approved design and technical specifications on the approved construction plans. We will coordinate the required formal inspections of certain construction elements such as string -line tests and setting of structures, etc. Formal inspections require forty-eight (48) hours' notice prior to procedure. 1655 27th Street, Suite 2 • Vero Beach, Florida 32960 Phone: (772) 567-5300 • Fax: (772) 794-1106 72 mastmo,r@bellsouth.net Mr. Hugh Russell, 11 — GP / Co -Trustee May 12, 2022 Page 2 of 6 Professional Engineering Services Harbor Bluffs Public Roadway File # 1931LJ As -Built Review: Upon completion of construction, Masteller & Moler, Inc. must be provided with As -Built surveys to confirm proper horizontal and vertical alignment of constructed stormwater and paving systems. The As -Built survey is typically provided by the Contractor's Surveyor (licensed in the State of Florida) and must be provided in AutoCAD format and black line with reference to State Plane Coordinates as required by Indian River County. While reviewing the as -built survey, we shall conduct an initial walk-through and develop a punchlist of construction deficiencies. The punchlist shall be provided to the Contractor and the client. Once the contractor has satisfactorily corrected the punchlist items and we are confident that the site has been constructed in compliance with the permit approvals, and we are provided with all required information, we shall submit a Certification of Construction Completion to Indian River County and request final inspection. In the event the County prepares a punchlist, we will provide said punchlist to the Contractor in order that the items may be addressed. Once the County's punchlist has been resolved to our satisfaction, we shall notify the County that the site is ready for re -inspection. Required certifications shall be prepared and submitted as described herein. Generating the As -built survey is not included in our fees. Daily and Periodic inspections of erosion control devices and reports required by the NPDES General Permit are the Responsibility of the Contractor and are not included in this proposal. En-gineering Certifications: Upon completion of stormwater and paving systems and review of As -Built and Testing results to confirm proper construction, we shall prepare Engineering Certifications to be submitted to the following agencies: 1. St. Johns River WMD Stormwater 2. IRC Engineering (Right -of -Way Permit) 3. IRC Public Works (Stormwater Permit) 4. IRC Planning (Land Clearing & Tree Removal) We shall prepare One (1) Engineering Certification for each of the above -listed permits. Our submittal of certifications assumes that all drainage and pavement systems will be properly constructed and tested prior to submittal of the Engineering Certifications and request to place systems into operation. We propose to perform the Scope of Services described above for the lump sum fee of $ 77,888.00. In order to complete our services for this project, we will need to be provided with the following from the selected project contractor: 1. Shop Drawings and Submittals for all structures / materials. 2. Maintenance of Traffic Plans. 3. As-builts in Autocadd and signed and sealed on NAVD88 datum meeting Indian River County standards. 4. Testing results for curb pad compaction, stabilized subgrade and base course, sidewalk compaction, concrete cylinder test results for curb & sidewalks, and asphalt mix design / tickets. 5. Contractor's Release of liens and affidavit. M 73 M Mr. Hugh Russell, ll— GP/Co-Trustee Professional Engineering Services May 12, 2022 Harbor Bluffs Public Roadway Page 3 of 6 File # 1931LJ Billing will be as follows: Fees shall be billed monthly based upon the Engineer's estimated percentage of the total project services completed to that date. Payment of fees rendered is due within thirty (30) days from billing date. For any and all subcontract services invoiced through this office except for Masteller, Moler & Taylor, Inc., there will be a minimum 15% surcharge on the face amount of said subcontractor's invoice, to cover the costs associated with administration and coordination of the subcontractor's services. Any and all items not specifically set forth in this proposal are excluded. Specifically excluded items include but are not limited to: application fees, site plan applications, platting applications, easement documents, signalization designs, soil borings, traffic studies/link sheets, mitigation design/ environmental permitting, consumptive use permitting, landscape/irrigation designs, and construction stakeout. Reimbursable expenses are considered outside our lump sum fee and will be invoiced per item Q) of the general conditions. In addition, any expansion of the scope of work or major revisions which may be required by any new rules or regulations enacted subsequent to the date of this proposal, are not included. GENERAL CONDITIONS In addition, the following items are stipulated: a) Application Fees Any and all application fees required by permitting agencies will be paid for directly by the Owner/Client. b) Scope of Work The scope of work as outlined above is based on our estimate of the normal engineering and design services necessary. However, should the need arise for additional engineering design work by virtue of revisions or redesign required by you or any governmental reviewing agencies having jurisdiction, then additional billing will be based on the fee schedule included hereinafter under item (h), or this Contract can be renegotiated to the satisfaction of both parties. c) Payment of Fees Payment of all fees for services rendered shall be paid within thirty (30) days of billing. This project and the anticipated fees are predicated upon the prompt and continual satisfaction of our monthly invoices. Commencing on the thirty-first day, interest shall be added to the unpaid balance at the rate of one and one-half percent (1-1/2%) per month or a total of eighteen percent (18%) per annum. In the event that the matter of delinquent payments shall be turned over to legal counsel for collection, legal fees, costs and recording fees incurred for collection shall be added to the outstanding amounts due. d) Release/Reuse of Documents All documents including drawings, disks, specifications and reports prepared or furnished by Masteller & Moler, Inc. (Engineer) or Engineer's Independent Professional Associates and Consultants pursuant to this agreement are instruments of service in respect of the Project and the Engineer, Client, and Indian River County shall retain all Ownership and property interests therein, whether or not the project is completed. M 74 M Mr. Hugh Russell, //— GP / Co -Trustee Professional Engineering Services May 12, 2022 Harbor Bluffs Public Roadway Page 4 of 6 File # 1931 LJ Owner/Client/Indian River County will be provided and may retain copies of said documents for his/her/their use and information. Any reuse without express written verification or adaptation by Engineer for the specific purpose intended, will be at Owner's/Client's/Indian River County's sole risk and without liability or legal exposure to Engineer or to Engineer's Independent Professional Associates and Consultants. Owner/Client shall indemnify and hold harmless the Engineer and Engineer's Independent Professional Associates and Consultants from all claims, damages, losses and expenses including attorney's fees arising out of or resulting therefrom. The Engineer shall not be held liable for any modifications made to the documents by others. When all work contemplated under this Agreement is complete, all of the above data shall be delivered to the Client and Indian River County Project Manager upon request. e) Release/Reuse of Electronic Data All electronic data including drawings, specifications and reports prepared or furnished by Masteller & Moler, Inc. (Engineer) or Engineer's Independent Professional Associates and Consultants pursuant to this agreement are instruments of service in respect of the Project. Any Release/Reuse of Electronic Data agreed upon by the Engineer shall automatically be encumbered by above stated Item (d) Release/Reuse of Documents. f) Limitation of Liability The Owner and Masteller & Moler, Inc. have considered the risks, rewards, and benefits of the project and the Engineer's total fee for services. Risks have been allocated such that the Owner agrees that, to the fullest extent permitted by law, the Engineer's liability to the OWNER for any and all injuries, claims, losses, expenses, damages, or claim expenses arising out of this agreement from any cause or causes shall not exceed the total fee received for the project. Such causes include but are not limited to the Engineer's negligence, errors, omissions, strict liability, breach of contract, or breach of warranty. Pursuant to Florida Statute § 558.035, an individual employee or agent of Masteller & Moler, Inc. may not be held individually liable for damages resulting from negligence occurring within the course and scope of professional services rendered under this professional services contract. g) Engineers Certification Definition "Certification" shall mean a statement signed and/or sealed by a professional engineer representing that the engineering services have been performed by the professional engineer, and based upon the professional engineer's knowledge, information and belief, and in accordance with commonly accepted procedures consistent with applicable standards of practice, and is not a guarantee or warranty, either expressed or implied. h) Additional Work Performed Any and all work performed, other than that expressly delineated within this general contract, shall be billed at the following job classification and rates, as applicable: HM 75 Mr. Hugh Russell, 11 — GP / Co -Trustee Professional Engineering Services May 12, 2022 Harbor Bluffs Public Roadway Page 5 of 6 File # 1931 LJ Principal of Firm $ 190.00/hr. Professional Engineer (PE) $ 165.00/hr. Project Manager $ 135.00/hr. CAD Draftsperson/Designer $ 100.00/hr. Project Field Representation (Inspector) $ 90.00/hr. Administrative (Typing, etc.) $ 75.00/hr. No such work shall be undertaken, except upon receipt of verbal or written authorization of Owner/Client. i) Representations Relating to Work Performed The plans, designs and documents which are subject to this contract shall be prepared in a professional manner consistent with the profession's "Normal Standard of Care." Nevertheless, no representations or warranties are made as to the success, approval or the issuance of permits on any application submitted by Owner/client based in whole or in part upon the plans, designs, or documents prepared by Masteller & Moler, Inc. Backcharges will not be accepted by Masteller & Moler, Inc. unless we provide written agreement covering all corrective action and the total amount of the backcharge necessary to accomplish the corrective action. j) Reimbursables 1) Print Costs All photo copies, prints and facsimile transmissions will be billed at the following rates: Photo copies 8'/2' x 11" $0.25/sheet; photo copies 8'/2' x 14" $0.35/sheet; photo copies oversized $0.50/sheet; black line prints $0.333/SF; reproducible mylars $4.40/SF; and CD's $10.00. 2) Miscellaneous -.Express Mail, Telephone, Travel If at any time information must be transmitted by mail, overnight mail or courier, these charges will be included on your monthly invoice at actual invoice cost. In addition, reimbursement for expenses such as telephone, travel, hotel, meals, etc. will be at actual costs incurred. k) Price Guarantee Prices quoted are firm for sixty (60) days from the date of this proposal. 1) Compliance with Agency Regulations All work will be performed in accordance with appropriate City, County and State regulations relative to the proposed project. m) Assignment and Termination While binding upon the parties, their successors or assigns, this Contract may not be transferred or assigned without the written consent of both parties. Owner/Client or Engineer shall have the right to terminate this Contract for any breach hereof after ten (10) days written notice. Should you exercise the right to terminate this Contract after ten (10) days written notice, Masteller & Moler, Inc. shall be compensated for services performed and expenses incurred to termination date. M 76 M Mr. Hugh Russell, 11 — GP / Co -Trustee May 12, 2022 Page 6 of 6 Professional Engineering Services Harbor Bluffs Public Roadway File # 1931 LJ We thank you for the opportunity to offer the services of our firm and look forward to continue working with you. Sincerely yours, MA LER & MOILER, INC. By Stephen . Moler, PE Its Executive Vice President SEM/cab AUTHORIZATION TO PROCEED If these conditions and this proposal meet with your approval, please sign and return one (1) copy of this letter as our formal Authorization to Proceed. This project if authorized will be performed with due diligence, subject to acts of God, etc. beyond our control. Date Company Name Address file #1931 (1931 LJ_11thDrConstSvcs_Contract_22-0512.docx) Signature Printed Name & Title M LARSHIT AUERDA MeetingBCC June 21, 2 022 .� INDIAN RIVER COUNTY, FLORIDA AGENDA ITEM Assistant County Administrator / f?.URIp./ Department of General Services Parks and Recreation Date: June 10, 2022 To: The Honorable Board of County Commissioners Through: Jason E. Brown, County Administrator Michael C. Zito, Assistant County Administrator From: Beth Powell, Parks and Recreation Director Subject: Authorizing Resolution to Delegate Signature Authority for Grant Applications to Various Agencies BACKGROUND Divisions within the General Services Department actively seek grants from various organizations to help fund projects and tasks in-line with Departmental and County objectives. Such grants often require extensive application packets in order for the granting agency to review and rank the applications for award. Staff requests the Board of County Commissioners (BCC) approve an Authorizing Resolution to delegate signature authority on grant applications to the Assistant County Administrator, Parks and Recreation Director, and Conservation Lands Manager, such that approved staff can submit grant applications on behalf of the County to various agencies including but not limited to: Florida Fish and Wildlife Conservation Commission (FWC), Florida Department of Environmental Protection (FDEP), Florida Inland Navigational District (FIND), and St. Johns River Water Management District (SJRWMD). FUNDING Funding is not needed for this agenda item. Should a grant application lead to an award of funds to the County for a project, a separate agenda item covering the award of funds will be prepared and brought before the BCC for consideration. If the awarded grant requires a County funding element, the funding account for the project will be identified in the agenda at that time. RECOMMENDATIONS Staff recommends the authorizing Resolution be approved for the Chairman's signature delegating signature authority for various agency grant application submittals to the Assistant County Administrator, Parks and Recreation Director, and/or Conservation Lands Manager. ATTACHMENT Authorizing Resolution APPROVED AGENDA ITEM FOR JUNE 21, 2022 RESOLUTION NO. 2022 - RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY; FLORIDA AUTHORIZING THE BOARD TO DELEGATE SPECIFIC SIGNATURE AUTHORITY FOR VARIOUS AGENCY GRANT APPLICATIONS TO THE INDIAN RIVER COUNTY ASSISTANT COUNTY ADMINISTRATOR, PARKS AND RECREATION DIRECTOR, AND CONSERVATION LANDS MANAGER. WHEREAS, the Indian River County General Services Department — Parks & Recreation Division seeks funding opportunities to assist the County in providing sources of outside funding to help off -set costs associated with the construction and monitoring tasks in- line with Department directives, and WHEREAS, Indian River County is required to submit grant applications to various agencies, including but not limited to: Florida Fish and Wildlife Conservation Commission (FWC), Florida Department of Environmental Protection (FDEP), Florida Inland Navigational District (FIND), and St. Johns River Water Management District (SJRWMD), for various grant opportunities; NOW, THEREFORE, BE IT RESOLVED BYTHE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: 1. The Board hereby delegates to the Assistant County Administrator, Parks and Recreation Director, and Conservation Lands Manager its authority to have signature authority for grant application submittals to various agencies, including but not limited to: Florida Fish and Wildlife Conservation Commission (FWC), Florida Department of Environmental Protection (FDEP), Florida Inland Navigational District (FIND), and St. Johns River Water Management District (SJRWMD) for various grant opportunities. 2. The Chairman is authorized to execute this resolution providing specific signature authority. 3. This Resolution shall -be in full force and effect upon final passage. The foregoing resolution was offered by Commissioner who moved its adoption. The motion was seconded by Commissioner and, upon being put to a vote, the vote was as follows: Chairman Peter O'Bryan Vice -Chairman Joe Earman Commissioner Susan Adams Commissioner Joseph Flescher Commissioner Laura Moss 79 RESOLUTION NO. 2022 - The Chairman thereupon declared the resolution passed and adopted this day of .'2022 BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA Attest: Jeffrey R. Smith, Clerk of Court and Comptroller By: Deputy Clerk Peter O'Bryan, Chairman Approved as to Form and Legal Sufficiency William K. DeBraal, Deputy County Attorney 2 80 INDIAN RIVER COUNTY, FLORIDA MEMORANDUM TO: Jason E. Brown County Administrator THROUGH: Philip J. Matson, AICP Community Development Director FROM: John Stoll Chief, Long -Range Planning DATE: June 8, 2022 SUBJECT: Consideration of the Disposition of County Owned Surplus Properties for Affordable Housing It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of June 21, 2022 BACKGROUND In 2006, the legislature passed HB 1363 relating to affordable housing. According to that bill, each county shall, by July 1, 2007, and every 3 years thereafter, prepare an inventory list of all real property within its jurisdiction to which the county holds fee simple title that is appropriate for use as affordable housing. The inventory list must include: ■ Address of each parcel ■ Legal description of each parcel (property tax I.D. number) ■ Indication if the property is vacant or improved ■ Indication if the property is appropriate for affordable housing As per Section 125.379 (1), F.S., the governing body of the county must review the inventory list at a public hearing and may revise the list at the conclusion of the public hearing. The Board shall then adopt a resolution that includes an inventory list of county -owned surplus properties that are appropriate for affordable housing. According to Florida Statutes, the properties on the list that are identified as surplus county owned properties and are appropriate for use as affordable housing may be: 81 1 ■ Sold to generate funds for the provision of affordable housing ■ Sold with a restriction that requires the development of the property as permanent affordable housing, or ■ Donated to non-profit housing organizations for the construction of permanent affordable housing Consistent with 125.379(1), F.S., the county, in 2007, 2010, 2013, 2016, 2019 prepared an inventory of all county owned properties, identified which properties were appropriate for affordable housing, and held a public hearing to review the inventory list. At each of those past public hearings, the BCC agreed with staff's list of county owned properties that were not designated for a specific use and that were deemed appropriate for disposition for affordable housing purposes. The Board must now consider the attached list of proposed surplus properties, determine that the properties are appropriate for affordable housing purposes, and direct staff to dispose of the properties for affordable housing purposes. ANALYSIS Staff contacted local non-profit affordable housing organizations (Habitat for Humanity, The Housing League, Inc, and the Coalition for Attainable Homes), and inquired whether they would be interested in any of the three (3) properties identified on the 2022 County owned surplus land list. Habitat for Humanity expressed interest in the following address: 1. 840 8th Ct. SW The Coalition for Attainable Homes expressed interest in the following addresses: 1. 4333 31St Ave 2. 4887 34th Ave Staff will need to work with these organizations on some of the details regarding the surplus properties (code enforcement fines, legal access, etc.), and separate development agreements for each organization. Staff will return to the Board with final details once all of these issues have been resolved. Alternatives With respect to the three (3) identified surplus properties, the BCC may identify a use for the properties and retain them or declare them surplus properties for affordable housing use. Because each of the properties is located in a residential area and is not needed for right-of-way, drainage, utilities, emergency services, parks/recreation, or conservation purposes, those three (3) properties are not conducive for any standard public use. Staff supports the BCC surplusing the properties for affordable housing. If the Board decides to surplus the subject properties, then there are four (4) options available: 82 2 1. Sell the properties and contribute the proceeds to the county's affordable housing trust fund (SHIP Trust Fund), or 2. Sell the properties with a deed restriction that requires that the properties be developed as permanent affordable housing, or 3. Donate the properties to non-profit housing organizations to construct affordable housing units with deed restrictions to ensure that the properties are maintained as permanent affordable housing, or 4. A combination of any of options 1, 2, or 3. RECOMMENDATION Staff recommends that the Board of County Commissioners: 1. Review the attached list, make any appropriate changes, and approve the attached resolution accepting the list of County owned surplus properties that are appropriate for the provision of affordable housing, and 2. Direct Staff to work with Habitat for Humanity and the Coalition for Attainable Homes in order to finalize details for the donation of the surplus properties for the development of affordable housing. Attachments, 1. Section 125.379 Florida Statute 2. List Map and Aerial 3. Draft Resolution FXommunity Development\COUNTY OWNED LANDS\2022\BCC STAFF REPORT affordable housing surplus land 2022.doc 83 3 The Florida Senate The 2012 Florida Statutes Title XI CHAPTER 125 VIEW ENTIRE CHAPTER COUNTY ORGANIZATION AND COUNTY GOVERNMENT INTERGOVERNMENTAL RELATIONS 125.379 Disposition of county property for affordable housing.— (1) By July 1, 2007, and every 3 years thereafter, each county shall prepare an inventory list of all real property within its jurisdiction to which the county holds fee simple title that is appropriate for use as affordable housing. The inventory list must include the address and legal description of each such real property and specify whether the property is vacant or improved. The governing body of the county must review the inventory list at a public hearing and may revise it at the conclusion of the public hearing. The governing body of the county shall adopt a resolution that includes an inventory list of such property following the public hearing. (2) The properties identified as appropriate for use as affordable housing on the inventory list adopted by the county may be offered for sale and the pr oceeds used to purchase land for the development of affordable housing or to increase the local government fund earmarked for affordable housing, or may be sold with a restriction that requires the development of the property as permanent affordable housing, or may be donated to a nonprofit housing organization for the construction of permanent affordable housing. Alternatively, the county may otherwise make the property available for use for the production and preservation of permanent affordable housing. For purposes of this section, the term "affordable" has the same meaning as in s. 420.0004(3). History.—s. 1, ch. 2006-69. ATTACHMENT 1 EM El E� C C d -0 b4 O L J Ql C N C N C 7 -0 O O. CO 0 L C O 0 L C O 0 L C C 41 O 7 dl N N N N N C p c7 CL 7 0 0 7 0 0 7 0 0 w upvLi m vLi m vLi ib N � v V � � O 3 3 Z m m V V N N N Q1 X x x O H � H m H C C C Q) U1 N c E E E E E v L v L a U o U w w w bb O O C � O N K K O O O 0 o 0 0 o N c v in J 0 0 U C O E E C 7 � O p Q w N N N L L L O O O E E E dl ❑ N ❑ v ❑ v E E E U O 2 O S O S N Ul w O O O O O O C a D D p m a z a 0 0 0 C c c c i O O O 7 O U O U O v v cc v 7 v a > Q s -0U 6 V m m L Q r m O0 v bo m o 00 m v w 0 0 0 m n o O O N O N O O O O O O O O N O O O O O O O OCD O V1 h O N O ❑ O O O O O O O O N h � m m mm O m A a N m N m M M rn m N SL ctb C ❑ � N M Q a Cl) O O O O O N O O O O O O N N O) Cl) N M N N O N �L Q Q 0 N N O N �L Q Q O CL 0 O N O O O O O O h O O O O O V N P M M M RESOLUTION NO. 2022- A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA APPROVING THE LIST OF COUNTY OWNED PROPERTIES APPROPRIATE FOR THE PROVISION OF AFFORDABLE HOUSING AND PROVIDING FOR THE DISPOSITION OF THOSE PROPERTIES WHEREAS, Section 125.379, Florida Statutes, states that by July 1, 2007, and every 3 years thereafter, each county shall prepare an inventory list of all real property within its jurisdiction to which the County holds fee simple title that is appropriate for use as affordable housing; and WHEREAS, in 2007, 2010, 2013, 2016, and 2019 the County prepared a list of surplus properties and disposed of such properties for affordable housing purposes in accordance with Section 125.379, Florida Statutes; and WHEREAS, county staff has compiled a 2022 list of the 541 properties currently owned by the County and has identified the designated use for each of those properties; and WHEREAS, county staff has determined that only three (3) of the properties on the list are available for surplus and are appropriate for the provision of affordable housing. NOW THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Indian River County, Florida that: Section 1. The above recitals are ratified in their entirety. Section 2. The Board of County Commissioners hereby adopts the attached list of county owned surplus properties which are appropriate for the provision of affordable housing. ATTACHMENT 3 89 RESOLUTION NO. 2022 - The foregoing resolution was offered by Commissioner , and seconded by Commissioner , and being put to a vote, the vote was as follows: Peter D. O'Bryan, Chairman Joe Earman, Vice Chairman Joseph E. Flescher, Commissioner Susan Adams, Commissioner Laura Moss, Commissioner The Chairman thereupon declared the resolution duly passed and adopted this 21 st day of June 2022. BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY BY: Peter D. O'Bryan, Chairman ATTEST BY: Jeffrey Smith, Clerk of Circuit Court and Comptroller APPROVED AS TO FORM AND LEGAL SUFFICIENCY BY: William K. DeBraal, Deputy County Attorney APPROVED AS TO PLANNING MATTERS Philip J. Matson, AICP, Community Development Director ATTACHMENT 3 90 r a� CL Q L wM O O C C Ol 100 V 00 01 c "O 00 0) C_ y C O Y w H rro 10 0 c 'C CL C C Oc C C w 0 0j 0/ (u O) y 17 E y O G C D O v v N 0 O O O O O Ou d O O O U V) m In m ltii a 1=ii N d d y u 10 a f0 O m m Z aj 01 cuV w Ol 0 x O x O x C C C = v E E E £ E w L v L w L O N N N V w w w 00 O O o ID N K 0_ O O O C O ^ O W d V J N N V C iN/1 O N £ C V 7 0 O O a W � a a v c v a 0 c 0 c 0 0 0 6 v EE 0 0 0 0 0 0 a LL O O O O O O uID 07 kD w CL n n N v u Q Z W \ N O O J O J C C C C u u > > > v c 1v c 3 Q mM n M L 00 Ol 00 M O to a0 Ct m V V 00 O O O o c c 0 0 0 0 0 0 0 0 0 0 0 G o 0 Oo 0 0 u u N T In N m N 0 m a m m m 00 M N O 10 ik N N 22 c -I N M 7/19/2022 fib. P. I Board Of County Commissioners June 21, 2022 Public Hearing Disposition of 2022 County Owned Surplus Properties forAfFordable Housing Surplus Property Review As per Section 125.379 (1), F.S., the BCC must: ■ Review property inventory list at a public hearing ■ May revise the list at the conclusion of the public hearing ■ Must adopt a resolution that includes an inventory list of county owned surplus properties that are appropriate for affordable housing ■ IRC resolution adoption deadline: July 1, 2022 q1 1 Options for Disposition of the County Surplus Properties According to Florida Statutes, the properties on the list that are identified as surplus county owned properties and are appropriate for use as affordable housing may be: ■ Sold to generate funds for the provision of affordable housing ■ Sold with a restriction that requires the development of the property as permanent affordable housing, or ■ Donated with a restriction to non-profit housing organizations for the construction of permanent affordable housing Identification of the County Owned Surplus Properties To comply with the every three year requirement of 125.379(1), F.S., planning staff: ■ Coordinated with the county's GIS staff ■ Updated the county owned properties list ■ Using County Property Appraiser data, staff identified 541 county owned properties ■ After coordination and extensive research provided by various departments, staff identified the designated use for each of the properties on the list ■ Based on its research, staff has determined that only 3 out of the 541 parcels on the list are not designated for any specific public use 7/19/2022 qr 2 7/19/2022 qj - 3 Coordination with Non -Profit Housing Organizations Staff provided local non-profit housing organizations the opportunity to review the surplus properties inventory. Habitat for Humanity has expressed interest in: • 840 8tn Ct. SW The Coalition for Attainable Homes has expressed interest in: ■ 4333 311t Ave Staff supports the donation of the aforementioned parcels to Habitat for Humanity and The Coalition for Attainable Homes. Disposition of 2022 County Surplus Properties • Staff will need to work with Habitat for Humanity and the Coalition for Attainable Homes on an agreement and other details regarding 840 8th CT SW and 4333 31St Ave. • Because there is no existing legal access for 4887 34th Ave, the parcel could be sold with the proceeds contributed to the County's SHIP program. • Staff will return to the Board once all agreement details have been finalized. 7/19/2022 C1_ 4 7/19/2022 RECOMMENDATION Staff recommends that the Board of County Commissioners: • Review the attached list, make any appropriate changes, and approve the attached resolution accepting the list of County owned surplus properties that are appropriate for the provision of affordable housing, and • Direct Staff to work with Habitat for Humanity and the Coalition for Attainable Homes in order to finalize details for the donation of the surplus properties for the development of affordable housing. 7'' 61(-5 o TCPALM.COM I SUNDAY, JUNE 5, 2022 1 29A Pro -gun extremism proliferates online Expert predicts increase in US mass shootings David Klappar AssOCiATEOPRESS The young man in the jeans and sunglasses proudly shows off his gun In the YouTube video, then instructs his million subscribers how to fit an extra clip in his gun belt, and offers a chilling ob- servation. "Pretty —1 for active shooter stuff, if you need extra mags." It's atypical video, one of thousands teaching military -style training and tactics to civilian gun owners, offering in druc- tions, on silencers and grenade launchers, on shooting from vehicles or into buildings. Other websites sell ghost gun kits, gas masks and body armor. .You shouldn't be scared of the NRA. You should be scared of us," one online ghost gun dealer tweeted last week. As Americans reel from repeated mass shootings, law enforce- ment officials and ex- perts on extremism are takingincreasing notice of the sprawling online space devoted to guns and gun rights: gun fo- rums, tactical training videos, websites that sell unregistered gum kits and social media platforms where far -right gun own- ers swap pranical tips with talk of dark plots to take their weapons, It's an ecosystem rich with potential reendts for extremist groups exploit- ing the often blurry line separating traditional support for a Constitu- tional right from militant anti-government move- ments that champion racism and violence. White supremacists have carried out most of the deadliest attacks on U.S. soil in the last five years, including a 2018 shooting inside a Plus - burgh synagogue and a 2019 rampage in which a gunman targeting His- panics inside a Texas Walmart killed 23 people. The gunman who per- petrated last month's rampage in Buffalo, for example, claimed in a rambling metal diatribe that he was radicalized when pandemic boredom led him to fer-right social media groups and tacti- cal raining videos he found online. One of the companies specifically cited by the gunman sells firearm ac- cessories and operates popular social media channels boasting hun- dreds of training videos. The videos cover topics like shooting from cera, assaulting a building, us- ing gas masks while shooting, and night vi- sion goggles. "I think we're going to see an increase in these kinds of attacks," said Kurt Braddock, a profes- sor and extremism re- searcher at the Polariza- tion and Extremism Re- search and Innovation Lab at American Univer- sity. "Until we're able to figure out a way to ad- dress this, this kind of disinformation is going to keep spreading, and with it the risk of increased radicalization and vio- lence." Elected leaders in some states are consider- ing onsidering howto address the in- ternet's rote in radicaliz- ing extremists. New York lawmakers, for example, recently introduced leg- islation to require social media companies to set policies on "hateful can- duct"and to create mech- aniams for users to report disturbing posts they may read. New York Attorney General Letitia James Ini- tiated an investigation Into some of the plat- forms used by the Buffalo gunman, who streamed his attack on Twitch, which Is owned by Ama- zon. Twitchpulledthe Ifv- esream after about two minutes. Federal authorities have also taken notice, himeasing funding fur in- vestigations into domes- tic terrorism, a challenge that FBI Director Christo- pher Wray last year de- As Americans reel from repeated shootings, law enforcement officials and experts on extremism are taking Increasing notice of the sprawling online space devoted to guns and gun rights. JAE c HONG/AP RLE scribed as "metastasiz. Personalized sibility for unfounded stars of tactical training ing: But there's little few conspiracy theories Videos posted on plat - enforcement can do but "You shouldn't be about federal plots to forms like YouTube say monitor as extremistsseize Bob Anderson, WMS Americans guns, their intended audience use the threat affirm con- Stared of the according to Braddock. is law enforcement, oth- tml to recruit new mem- NRA. You should "What'sthefirstrulein ers say their subscriber bers. 9ea,i,in u,l lornwra Wvivua MaW amgl Le,N Fm Fieuia.LLC IYWaNesev RXRMIIC salesmanship?It's to cre- base ismostly those lack - Extremists paint any be scared of m" ate the need for the item. ing to arm themselves effort to regulate firearms We think about guns as against the government. as the prelude to wide- online ghost gun dealer something different - Despite their alarm, spread gun seizures, ac- and they are because law enforcement officials cording to Callum Hood, way in the U.S. in dec- they're instruments ofvi- and experts on extrem- director of research at the ades. olence - but they're also ism caution there's little Center for Countering Rather ftum be under commodities sold in huge to do about the growing Digital date, a UK -based threat, guns are Flourish- quantities," Braddock online spaces devoted to organization that re- ing. Since 2000, the year said. "They're creating military -style weaponry searches online extrem- after the Columbine the illusion of need." unless they find evidence ism and abuse. school shooting in Colo- Contacted by The As- of illegal gun sales or oth- "The message quickly rado, the number of fire- sociated Press, one web- er crimes. becomes 'the govern- arcus manufactured in site selling ghost gun kits For their part, tech ment is coming to take the U.S. hastripled. There responded with a state- companies and social your guns and leave you are now an estimated ment saying "ail ques- media platforms like undefended; "Hoodsaid. 400million guns in the tions" about regulating Facebook and Twitter say That's despite the obvi- U.S. - more than one for firearms amount to "na- they have ndes to prohib- ous political challenges everyone in the country- ked attempts to disarm It violent threats, hate that even modest at- giving the nation the traditional Americans, speech and other content tempts at gun control world's highest gun own- weaponize the govern- that poses a direct harm. face in the U.S. Despite a ership rate. merit against them, and Some platforms also pro- long and growing list of Gun manufacturers subject them in the igno- built the sale of firearms. mass shootings, gun and industry groups like rant and vicious tools of rights have not been re- the National Rifle Associ- federal power" stricted in any significant ation bear some respon- while some of the cre- BEFORE THE BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA NOTICE OF PUBLIC HEARING TO CONSIDER ADOPTING A RESOLUTION FOR THE DISPOSITION OF 2022 COUNTY SURPLUS PROPERTIES FOR AFFORDABLE HOUSING NOTICE IS HERESY GIVEN that the Board of County Commissioners of Inclian River County, Florida, shall role a Public hearing to considar the adoption of a county resoanion to, the dispoalbon or M22 county owned surplus lends fon affil ise housing, aids regWar ~IN rent on Tuesday, June 21, 2022 at aw a.m. w as soon Iheraefter as the maser may be heard, in the County Commission Chambers of County mahiNshation Buildw A. located al 1801 27th Street, Vero Beach, Ronde. All interested persons are inAtad to aaend and as heard. The list of county owned lands may be inspepNtl by the Wait: at the Community Development Oe uarnarl located on the County Abri W ehon Suilding A boated at 1801 27th Street, Vero Beach, Fords, between Ihehwrs W 8:30 a.m. Into 5:00 P.I. on weekdays. For note kA,.mmation, caused IM long Range Planning Section at (772) 226-1250. Amendments to the proposed rewlwm may be made by the Boats of County Conammorers at the punk soriW ANYONE WHO MAY WISH TO APPEAL ANY DECISION WHICH MAY BE MADE AT THIS MEETING WILL NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE, WHICH INCLUDES THE TESTIMONY AND EVIOENCE UPON WHICH THE APPEAL IS BASED. ANYONE WHO NEEDS A SPECIAL ACCOMMODATION FOR THIS MEETING MUST CONTACT THE COUNTYS AMERICANS WITH DISABILITIES ACT COORDINATOR AT (772) 226-1223, AT LEAST QHOURS IN ADVANCE OF THE MEETING. INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS By: -e- Petr D. O'Bry rr, Chairman Personalized Investment Advice Stock a Bonds Mutual Funds -CD's IRA's e Life Insurance Bob Anderson, WMS President/Financial Advisor (LFF) 772-978-0404 ANDERSON WEALTH MANAGEMENT Serving Indian River 1515 Indian River Blvd., Suite A243 County since 1998 Vero Beach, FL 32960 9ea,i,in u,l lornwra Wvivua MaW amgl Le,N Fm Fieuia.LLC IYWaNesev RXRMIIC www.AndersonWM.com Freers Com Newspapers PARTOFTHE USA TODAY NETWORk Indian River Press Journal 1801 U.S. 1, Vero Beach, FL32960 AFFIDAVIT OF PUBLICATION INDIAN RIVER COUNTY PLANNING 1801 27TH ST VERO BEACH, FL 32960 ATTN STATE OF WISCONSIN COUNTY OF BROWN Before the undersigned authority personally appeared, said legal clerk, who on oath says that he is a legal clerk of the Indian River Press Journal, a daily newspaper published at Vero Beach in Indian River County, Florida: that the attached copy of advertisement was published in the Indian River Press Journal in the following issues below. Affiant further says that the said Indian River Press Journal is a newspaper published in Vero Beach in said Indian River County, Florida, and that said newspaper has heretofore been continuously published in said Indian River County, Florida, daily and distributed in Indian River County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement ; and affiant further says that she has neither paid or promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing this advertisement for publication in the said newspaper. The Indian River Press Journal has been entered as Periodical Matter at the Post Offices in Vero Beach, Indian River County, Florida and has been for a period of one year next preceding the first publication of the attached copy of advertisement. 61512o2y,s scribed and sw rn to before on June 5th, 2022 r <1 A L Notary, State of W, Count of'Brown My commission expires: 1 ql q ICKY FELTY Publication Cost: $157.50 Notary Public Ad NO:GC10894066 State of Wisconsin Customer No: 463755 PO#: PUBLIC NOTICE THIS IS NOT AN INVOICE ql q INDIAN RIVER COUNTY, •R !. NOTICE OF PUBLIC HEARING TO CONSIDER ADOPTING A RESOLUTION FOR THE DISPOSITION, OF 2022 COUNTY SURPLUS PROPERTIES FOR AFFORDABLE O.'•_ HOUSING NOTICE IS HEREBY GIVEN that the Board of County Commissioners of Indian River County, Florida, shall hold a public hearing to consider the adoption of a county resolution for the disposition of 2022 county owned surplus lands for affordable housing, at its regular meeting held on Tuesday, June 21, 2022 at 9:00 a.m. or as soon thereafter as the matter may be heard, in the County Commission Chambers of County Administration Building A, located at 1801 27th Street, Vero Beach, Florida. All interested persons are invited to attend and be heard. The list of county owned lands may be inspected by the public at the Community Development Department located on the County Administration Building A located at 1801 27th Street, Vero Beach, Florida, between the hours of 8:30 a.m. and 5:00 p.m. on weekdays. For more information, contact the Long Range Planning Section at (772) 226-1250. Amendments to the proposed resolution may be made by the Board of County Commissioners at the public hearing. ANYONE WHO MAY WISH TO APPEAL ANY DECISION WHICH MAY BE MADE AT THIS MEETING WILL NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE, WHICH INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS BASED. ANYONE WHO NEEDS A SPECIAL ACCOMMODATION FOR THIS MEETING MUST CONTACT THE COUNTY'S AMERICANS WITH DISABILITIES ACT COORDINATOR AT (772) 226-1223, AT LEAST 48 HOURS IN ADVANCE OF THE MEETING. INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS By: -s- Peter D. O'Bryan, Chairman TR-GC10894066-01 108/ INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSION REQUEST TO BE SCHEDULED FOR PUBLIC DISCUSSION Any organization or individual wishing to address the Board of County Commission shall complete this form and submit it to the Indian River County Administrator's Office. PUBLIC DISCUSSION INFORMATION Indian River County Code Section 102.04(10)(b): as a general rule, public discussion items should be limited to matters on which the commission may take action Indian River County Code Section 102.11(3): limit remarks to three minutes unless additional time is granted by the commission NAME OF INDIVIDUAL OR ORGANIZATION: S6(vann(_A_ 2 an Jt _ - y LE ADDRESS: LJ'�/ -1 Q Iva a Vd q-ed-ck PHONE: q59 L5 19 Cj Kt, 3 Lq (o l SUBJECT MATTER FOR DISCUSSION: TS} oy X V C V -C) ,,G&_Q_ C S+rA " -e S Ol qol-� C(Avq- IS A DIGTTAL/ELECTRONIC PRESENTATION PLANNED? YES N NO Comrnvn� WHATRESOLUTION ARE YOU--�) !Se-+ (x- REQUESTING OF THE COMMISSION? ION? ARE PUBLIC FUNDS OR ACTIVITIES REQUIRED.,� �{� t � n [ 11.,."'i�� � G U � � C u V t'r`y L-avtCe- -0- 5 f -S a YES Ili NO WHAT FUNDS OR ACTIVITIES ARE REQUIRED TO MEET'TIHS REQUEST? For IRC Staff only: Transmitted to Administrator Via: Interactive Web Form E -Mail Hand Delivered Phone COUNTY ADMINISTRATOR: MEETING DATE: Jason E. Brown l oe INDIAN RIVER COUNTY, FLORIDA MEMORANDUM TO: Jason E. Brown; County Administrator THROUGH: Phillip J. Matson, AICP; Community Development Director FROM: Brian Freeman, AICP; MPO Staff Director DATE: June 10, 2022 SUBJECT: Notice of Public Hearing Scheduled for July 5, 2022 Board Meeting for an LDR Amendment Modifying the Criteria for Accessory Dwelling Units It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of June 21, 2022. DESCRIPTION AND CONDITIONS: Please be advised that the following public hearing item has been scheduled for Board consideration: Julv 5, 2022: 1. Consideration of Land Development Regulation (LDR) Amendments to Section 971.41 Modifying the Criteria for Accessory Dwelling Units (Legislative) RECOMMENDATION: The referenced public notice item is provided for the Board's information. No action is needed at this time. 93 1 11A County Administrator's Matters June 21, 2022 �vER Office of the INDIAN RIVER COUNTY ADMINISTRATOR OR1�� Jason E. Brown, County Administrator Michael C. Zito, Assistant County Administrator MEMORANDUM TO: Members of the Board of County Commissioners FROM: Jason E. Brown County Administrator DATE: June 13, 2022 SUBJECT: Executive Session to Discuss IAFF Negotiations Staff has scheduled an executive session (as allowed under F.S. 447.605) with the Board to discuss negotiations with IAFF for wage increases for FY22/23. The meeting will be held on June 21, 2022, immediately following the regular meeting of the Board of County Commissioners. This meeting is exempt from F.S. 286.011. Discussions are limited to matters related to the negotiations. Members of the bargaining committee that will be present at the executive session include: Suzanne Boyll, Director of Human Resources; Michael Zito, Assistant County Administrator; Tad Stone, Director of Emergency Services; David Johnson, Fire Chief, Kristin Daniels, Budget Director; and County Administrator, Jason Brown. 94 Dylan Reingold, County Attorney William K. DeBraal, Deputy County Attorney Susan J. Prado, Assistant County Attorney /3� CountyAttorneys Matters - B. CC 6.21.22 Of ce of INDIAN RIVER COUNTY ATTORNEY MEMORANDUM TO: Board of County Commissioners FROM: Dylan Reingold, County Attorney DATE: June 15, 2022 SUBJECT: FDOT Agreement for Brightline Improvements and Brightline Subrecipient Agreement BACKGROUND. On June 8, 2021, the Indian River County Board of County Commissioners ("Board") approved a settlement agreement with Brightline Trains Florida, LLC (`Brightline") resolving the outstanding litigation between the parties. As part of the settlement agreement, the parties agreed to fully cooperate in the pursuit of various grants for the funding of various safety improvements, which were estimated to cost $31,604,565. Pursuant to Specific Appropriation 1915A of the 2021-2022 General Appropriations Act, Chapter 2021-36, Section 5, Laws of Florida, the Florida Department of Transportation ("Department") is authorized to provide $2,584,099 in funding for some of the Brightline highway -railroad at grade crossing improvements in Indian River County. In order to provide that funding, the Department must enter into an agreement with Indian River County, with Indian River County serving as a pass thru entity of the funds. The funds will be used for safety improvements at various highway -railroad at grade crossings in Indian River County. As Indian River County will merely serve as a pass thru entity, Indian River County will need to enter into a subrecipient agreement with Brightline, in which Brightline agrees to meet the various requirements set forth in the agreement Indian River County will have with the Department. FUNDING. The $2,584,099 for the improvements set forth in the State of Florida Department of Transportation Local Transportation Project Funding Agreement will be paid for by the State of Florida and will pass thru Indian River County. Funding for this expenditure will be allocated on a future budget amendment. RECOMMENDATION. The County Attorney's Office recommends that the Indian River County Board of County Commissioners vote to approve the State of Florida Department of Transportation Local Transportation Project Funding Agreement and the Indian River County - Brightline Subrecipient Agreement and authorize the chair to execute the agreements after final review and approval by the County Attorney. ATTACHMENT(S). State of Florida Department of Transportation Local Transportation Project Funding Agreement Indian River County - Brightline Subrecipient Agreement C:IGmnim,aegismrSlL5lTemptdjb93eie ab/Sdada2J2A5733e39/26b.dw 95 Financial Project No.: 449221-1-94-01 Fund: ElV122 FLAIR Approp: Function: FLAIR Obj.: 751000 Contract No: G2A83 Contract Amount: $2,584;099 Org. DUNS No: Code: 55042010429 Vendor No.: CFDA No and Title: NIA Agency DUNS No: F596000674001 CSFA No. and Title: 55.039 Local Transportation Projects STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION LOCAL TRANSPORTATION PROJECT FUNDING AGREEMENT This Local Transportation Project Funding Agreement ("Agreement"), is entered between the State of Florida, Department of Transportation ("Department") and Indian River County, Florida, a political subdivision of the State of Florida (the "County"). The Department and the County are sometimes referred to in this Agreement individually as a "Party" and collectively as the "Parties." RECITALS A. The Department is authorized pursuant to Specific Appropriation 1915A of the 2021-2022 General Appropriations Act, Chapter 2021-36, Section 5, Laws of Florida, to provide :funding for the project described in Exhibit "A" attached to and incorporated in this Agreement (the "Project"). B. On June , 2022, the Indian River County Board of County Commissioners authorized the County to enter into this Agreement. AGREEMENT 1. The Recitals above are true and correct and are made a part of this Agreement. 2. The term of this Agreement shall .begin upon the date of signature of the last party to sign this Agreement ("Effective Date") and continue for thirty six (36) months after the Effective Date, unless terminated earlier. The Effective Date will be treated as the Department's issuance of a Project notice to proceed. The Department shall have the immediate option to terminate this Agreement if the Project is not completed within the term of this Agreement, unless an extension of the time period is requested by the County in writing and granted in writing by the Department prior to the expiration of the Agreement. Expiration of this Agreement will be considered termination of the Project. 3. The County shall deliver the Project, as specified in Exhibit "A", to the extent funding is available under this Agreement. The Department acknowledges that all work being designed, permitted, and constructed as part of this agreement will be performed by the County's M. subrecipient, Brightline Trains Florida, LLC (`Brightline"), and that the County is entering into this Agreement in reliance upon Brightline's commitments to the County under the terms of the Settlement Agreement between the County and Brightline Trains Florida, LLC, dated effective as of June 8, 2021 (the "Settlement Agreement").. Nothing in this Agreement shall be construed as requiring the County to perform any activity which is outside of the scope of services of the Project as defined in Exhibit "A", or which is in excess of the funding available under this Agreement. The County shall provide quantifiable, measurable, and verifiable units of deliverables. The Project, the quantifiable, measurable, and verifiable units of deliverables, the minimum level of service to be performed and the criteria for evaluating successful completion are described more fully in Exhibit "A". 4. The County, either itself or through the County's subrecipient, shall be responsible for obtaining clearances/permits required for the construction of the Project from the appropriate permitting authorities. Execution of this Agreement constitutes a certification by the County that the Project will be carried out in conformance with all applicable environmental regulations including the securing of any applicable permits. The Department shall have no liability in the event of non-compliance with applicable environmental regulations, including the securing of any applicable permits. 5. The County will require its subrecipient to undertake the design, permitting, construction, and oversight of the Project in accordance with all applicable federal, state and local statutes, rules and regulations, including the Federal Railroad Administration and County standards and specifications. a. The County will task its subrecipient with responsibility for preparation of all design plans that are necessary for the Project. All design work on the Project shall be performed in accordance with the requirements of all applicable laws and governmental rules and regulations and federal and state accepted design standards for the type of construction contemplated by the Project, including, as applicable, but not limited to, the applicable provisions of the Manual of Uniform Traffic Control Devices (MUTCD), Federal Railroad Administration requirements, and the AASHTO Policy on Geometric Design of Streets and Highways. b. Execution of this Agreement by both parties shall be deemed a Project notice to proceed to the County for the Project. Any work performed prior to the execution of this Agreement or after the expiration or earlier termination of this Agreement is not subject to reimbursement. C. The Department shall have the right, but not the obligation, to independently evaluate the work being performed on the Project. d. The County is responsible for ensuring that the work under this Agreement is performed in accordance with the approved Project documents, and that it will meet all applicable County requirements, including the requirements of the Settlement Agreement. 2 97 e. Upon completion of the work authorized by this Agreement, the County shall notify the Department in writing of the completion of the Project. 6. Facilities constructed under this Agreement shall be maintained for their useful life and used for the purpose of supporting public transportation. This requirement shall not be construed to require modification of crossing or maintenance agreements between the County, its subrecipient, and/or any third parties that otherwise assign responsibility for maintenance of the facilities constructed under this Agreement. The terms of this provision shall survive the termination of this Agreement. 7. Costs and expenses incurred by the County in utilizing its own work force for any services for the Project shall not be subject to reimbursement. 8. The County will require its subrecipient to provide progress reports to the Department in the standard format used by the Department and at intervals established by the Department. The Department will be entitled at all times to be advised, at its request, as to the status of the Project and of details thereof. Either party to the Agreement may request and shall, within a reasonable time thereafter, be granted a conference with the other party. 9. The total estimated cost to complete all the work included in the description of the Project is Two Million Five Hundred Eighty Four Thousand Ninety Nine and 00/100 Dollars ($2,584,099) and is allocated among the Project activities in the Project Budget in Exhibit `B". 10. The Department agrees to reimburse the County in an amount not to exceed Two Million Five Hundred Eighty Four Thousand Ninety Nine and 00/100 Dollars ($2,584,099) (the "Department Contribution") for actual costs incurred for the Project, excluding County overhead, pursuant to the milestones identified in Exhibit `B". Project costs eligible for reimbursement will be allowed only from the Effective Date of this Agreement. Travel costs will not be reimbursed. a. The County shall establish for the Project, consistent with the Departments program guidelines/procedures, separate accounts to be maintained within its existing accounting system or separate independent accounts. Records of costs incurred under terms of this Agreement shall be maintained by the County and made available upon request to the Department at all tunes during the period of this Agreement and for five (5) years after final payment is made for the applicable state fiscal year. Copies of these documents and records shall be furnished to the Department upon request. Records of costs incurred include the County's general accounting records and the Project records, together with supporting documents and records, of the County and all sub -recipients performing work on the Project and all other records of the County and sub -recipients considered necessary by the Department for a proper audit of costs. if any litigation, claim, or audit is started before the expiration of the five (5) year period, the records shall be retained until all litigation, claims, or audit findings involving the records have been resolved. b. The County shall charge to the Project accounts all eligible costs of the Project. C. Payments shall be made by the Department for completion of the work specified in each individual milestone in Exhibit `B". Payment for work within the scope of each milestone identified in Exhibit `B" shall be made only after receipt and approval of goods and services for the relevant milestone by the County, unless advance payments are authorized by the Chief Financial Officer of the State of Florida under Chapters 215 and 216, F.S., or the Department's Comptroller under Section 334.044(29), F.S. d. If the Department determines that the performance of the Project is unsatisfactory, the Department shall notify the County of the deficiency to be corrected, which correction shall be made within a time -frame to be specified by the Department. The County shall, within five days after notice from the Department, provide the Department with a corrective action plan describing how all issues of contract non-performance, unacceptable performance, failure to meet the minimum performance levels, deliverable deficiencies, or contract non-compliance will be addressed. If the corrective action plan is unacceptable to the Department, the Department will assess a non-performance retainage equivalent to 10% of the total invoice amount. The retainage shall be applied to the invoice for the then -current billing. The retainage shall be withheld until the deficiency is resolved. If the deficiency is subsequently resolved, the County may bill the Department for the retained amount. If the deficiency remains unresolved, the funds retained will be forfeited at the end of the Agreement's term. e. Invoices shall be submitted by the County upon completion of the individually identified milestones and in detail sufficient for a proper pre- audit and post - audit thereof, based on the quantifiable, measurable and verifiable deliverables as established in Exhibit "A". Deliverables must be received and accepted in writing by the Department's Project Manager or designee prior to reimbursements. f. Supporting documentation must establish that the deliverables were received and accepted in writing by the County and must also establish that the required minimum level of service to be performed based on the criteria for evaluating successful completion as specified in Exhibit "A" was met. g. All costs charged to the Project by the County shall be supported by detailed invoices, proof of payments, contracts or vouchers evidencing in proper detail the nature and propriety of the charges, as described in Exhibit "C" Contract Payment Requirements. h. The County shall submit the final invoice to the Department within one hundred eighty (180) days after the final acceptance of the Project. Upon expiration or earlier termination of this Agreement, any balance of unobligated funds which has been advanced or paid to the County must be refunded to the Department. L Any Project funds made available by the Department pursuant to this Agreement which are determined by the Department to have been expended by the County in violation of this Agreement or any other applicable law or regulation, or are otherwise in excess of the amount to which the County is entitled under the terms and conditions of this Agreement, shall be promptly refunded in full to the Department. Acceptance by the 4 99 Department of any documentation or certifications, mandatory or otherwise permitted, that the County files shall not constitute a waiver of the Department's rights as the funding agency to verify all information at a later date by audit or investigation. 11. The County should be aware of the following time frames. Upon receipt of an invoice, the Department has twenty (20) days to inspect and approve the goods and services. The Department has twenty (20) days to deliver a request for payment (voucher) to the Department of Financial Services. The twenty (20) days are measured from the latter of the date the invoice is received or the goods or services are received, inspected and approved. If a payment is not available within forty (40) days, a separate interest penalty at a rate as established pursuant to Section 55.03(1), Florida Statutes, will be due and payable, in addition to the invoice amount. Interest penalties of less than one dollar ($1.00) will not be enforced unless the County requests payment. Invoices which have to be returned to the County because of County preparation errors will result in a delay in the payment. The invoice payment requirements do not start until a properly completed invoice is provided to and accepted by the Department. A Vendor Ombudsman has been established within the Department of Financial Services. The duties of this individual include acting as an advocate for entities who may be experiencing problems in obtaining timely payment(s) from a state agency. The Vendor Ombudsman may be contacted at (850) 413-5516 or by calling the Division of Consumer Services at (877) 693-5236. 12. In the event this Agreement is in excess of $25,000.00 (Twenty Five Thousand Dollars and 00/100) and a term for a period of more than one (1) year, the provisions of Section 339.135(6)(a), Florida Statutes, are incorporated as follows: "The Department, during any fiscal year, shall not expend money, incur any liability, or enter into any contract which, by its terms, involves the expenditure of money in excess of the amounts budgeted as available for expenditure during such fiscal year. Any contract, verbal or written, made in violation of this subsection is null and void, and no money may be paid on such contract. The Department shall require a statement from the Comptroller of the Department that funds are available prior to entering into any such contract or other binding commitment of funds. Nothing herein contained shall prevent the making of contracts for periods exceeding one (1) year, but any contract so made shall be executory only for the value of the services to be rendered or agreed to be paid for in succeeding fiscal years; and this paragraph shall be incorporated verbatim in all contracts of the Department which are for an amount in excess of $25,000.00 and which have a term for a period of more than one (1) year." 13. The administration of the State resources awarded through the Department to the County by this Agreement may be subject to audits and/or monitoring by the Department. The following requirements do not limit the authority of the Department to conduct or arrange for the conduct of additional audits or evaluations of Federal awards or State financial assistance or limit the authority of any state agency inspector general, the State of Florida Auditor General, or any other state official. The County shall comply with all audit and audit reporting requirements as specified below and shall further require its subrecipient to comply with all audit and audit reporting requirements as specified below. 100 a. In addition to reviews of audits conducted in accordance with Section 215.97, Florida Statutes, monitoring procedures to monitor the County's use of state financial assistance may include but not be limited to on- site visits by Department staff and/or other procedures including, reviewing any required performance and financial reports, following up, ensuring corrective action, and issuing management decisions on weaknesses found through audits when those findings pertain to state financial assistance awarded through the Department by this Agreement. By entering into this Agreement, the County agrees to comply and cooperate fully with any monitoring procedures/processes deemed reasonably appropriate by the Department. The County further agrees to comply and cooperate with any inspections, reviews, investigations, or audits deemed necessary by the Department, the Department of Financial Services (DFS) or State of Florida Auditor General. b. The County, a nonstate entity as defined by Section 215.97(2)(m), Florida Statutes, as a recipient of state financial assistance awarded by the Department through this Agreement is subject to the following requirements: L In the event the County meets the audit threshold requirements established by Section 215.97, Florida Statutes, the County must have a State single or project -specific audit conducted for such fiscal year in accordance with Section 215.97, Florida Statutes; applicable rules of the Department of Financial Services; and Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for- profit organizations), Rules of the Auditor General. Exhibit "D" to this Agreement, State Financial Assistance (Florida Single Audit Act), indicates state financial assistance awarded through the Department by this Agreement needed by the County to further comply with the requirements of Section 215.97, Florida Statutes. In determining the state financial assistance expended in a fiscal year, the County shall consider all sources of state financial assistance, including state financial assistance received from the Department by this Agreement, other state agencies and other nonstate entities. State financial assistance does not include Federal direct or pass- through awards and resources received by a nonstate entity for Federal program matching requirements. ii. In connection with the audit requirements, the County shall ensure that the audit complies with the requirements of Section 215.97(8), Florida Statutes. This includes submission of a financial reporting package as defined by Section 215.97(2)(e), Florida Statutes, and Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for-profit organizations), Rules of the Auditor General. iii. In the event the County does not meet the audit threshold requirements established by Section 215.97, Florida Statutes, the County is exempt for such fiscal year from the state single audit requirements of Section 215.97, Florida Statutes. However, the County must provide a single audit exemption statement to the Department at FDOTSingleAudit@dot.state.tl.us no later than nine months after the end of the County's audit period for each applicable audit year. In the event the County does not meet the audit threshold requirements established by Section 6 101 215.97, Florida Statutes, in a fiscal year and elects to have an audit conducted in accordance with the provisions of Section 215.97, Florida Statutes, the cost of the audit must be paid from the County's resources (i.e., the cost of such an audit must be paid from the County's resources obtained from other than State entities). iv. In accordance with Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for- profit organizations), Rules of the Auditor General, copies of financial reporting packages required by this Agreement shall be submitted to: Florida Department of Transportation Office of Comptroller, MS 24 605 Suwannee Street Tallahassee, Florida 32399-0405 FDOTSingleAudit@dot.state.fl.us and State of Florida Auditor General Local Government Audits/342 111 West Madison Street, Room 401 Tallahassee, FL 32399-1450 Email: flaudgen localgovt@aud.state.fl.us V. Any copies of financial reporting packages, reports or other information required to be submitted to the Department shall be submitted timely in accordance with Section 215.97, Florida Statutes, and Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for-profit organizations), Rules of the Auditor General, as applicable. vi. The County, when submitting financial reporting packages to the Department for audits done in accordance with Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for- profit organizations), Rules of the Auditor General, should indicate the date the reporting package was delivered to the County in correspondence accompanying the reporting package. vii. Upon receipt, and within six (6) months, the Department will review the County's financial reporting package, including corrective action plans and management letters, to the extent necessary to determine whether timely and appropriate corrective action on all deficiencies has been taken pertaining to the state financial assistance provided through the Department by this Agreement. If the County fails to have an audit conducted consistent with Section 215.97, Florida Statutes, the Department may take appropriate corrective action to enforce compliance. viii. As a condition of receiving state financial assistance, the County shall permit the Department, or its designee, DFS or the Auditor General access to 7 102 the County's records including financial statements, the independent auditor's working papers and project records as necessary. Records related to unresolved audit findings, appeals or litigation shall be retained until the action is complete or the dispute is resolved. C. The County shall retain sufficient records demonstrating its compliance with the terms of this Agreement for a period of five years from the date the audit report is issued and shall allow the Department, or its designee, DFS or State of Florida Auditor General access to such records upon request. The County shall ensure that the audit working papers are made available to the Department, or its designee, DFS or State of Florida Auditor General upon request for a period of five years from the date the audit report is issued unless extended in writing by the Department. 14. The County shall permit, and shall require its subrecipient to permit, the Department's authorized representatives to inspect all work, materials, payrolls, and records, and to audit the books, records, and accounts pertaining to the financing and development of the Project. 15. If the Project involves a contract for construction pursuant to Chapter 255, Florida Statutes, and at the time of the competitive solicitation for the Project construction contract fifty (50) percent or more of the cost of the Project construction contract is to be paid from state - appropriated funds, then the County must comply with the requirements of Section 255.099(1), Florida Statutes. If the Project involves a consultant contract for engineering, architecture or surveying services, the County shall comply in full with provisions of Section 287.055, Florida Statutes, Consultants' Competitive Negotiation Act. 16. The Parties agree to comply with Section 20.055(5), Florida Statutes, and to incorporate in all subcontracts the obligation to comply with Section 20.055(5), Florida Statutes. 17. The County shall allow public access to all documents, papers, letters, or other material subject to the provisions of Chapter 119, Florida Statutes, and made or received by the County in conjunction with this Agreement. Failure by the County to grant such public access shall be grounds for immediate unilateral cancellation of this Agreement by the Department. 18. The County shall comply with all federal, state and local laws and ordinances applicable to the work or payment for work thereof. 19. Funds provided under this Agreement may not be used for the purpose of lobbying the Florida Legislature, judicial branch, or any state agency, in accordance with Section 216.347, Florida Statutes. 20. This Agreement does not involve the purchase of Tangible Personal Property, as defined in Chapter 273, Florida Statutes. 21. The County and the Department agree that the County, its employees, subrecipient, contractors, and subcontractors are not agents of the Department as a result of this Agreement. The 103 Department shall not be obligated or liable hereunder to any person or entity other than the County. 22. The Department may, by written notice to the County, terminate this Agreement or suspend any or all of the Department's obligations under this Agreement for the County's failure to comply with applicable laws or the terms of this Agreement until such time as the event or condition resulting in such suspension has ceased or been corrected. a. If the Department terminates the Agreement, the Department shall notify the County of such termination in writing within thirty (30) days of the Department's determination to terminate the Agreement, with instructions as to the effective date of termination or to specify the stage of work at which the Agreement is to be terminated. b. The Parties to this Agreement may also terminate this Agreement when its continuation would not produce beneficial results commensurate with the further expenditure of funds. In this event, the Parties shall agree upon the termination conditions through mutual written agreement. C. If the Agreement is terminated before performance is completed, the County shall be paid only for that work satisfactorily performed for which costs can be substantiated. Such payment, however, may not exceed an amount which is the same percentage of the contract price as the amount of work satisfactorily completed is a percentage of the total work called for by this Agreement. d. Upon termination of this Agreement, the County shall, within thirty (30) days, refund to the Department any funds determined by the Department to have been expended in violation of this Agreement. 23. In no event shall the making by the Department of any payment to the County constitute or be construed as a waiver by the Department of any breach of covenant or any default which may then exist, on the part of the County, and the making of such payment by the Department while any such breach or default shall exist shall in no way impair or prejudice any right or remedy available to the Department with respect to such breach or default. 24. This Agreement shall be governed by and interpreted in accordance with the laws of the State of Florida. Venue for any action arising under this Agreement shall be in Leon County, Florida. Any provision in this Agreement determined by a court of competent jurisdiction, or any other legally constituted body having jurisdiction, to be invalid or unenforceable shall be severable and the remainder of this Agreement shall remain in full force and effect, provided that the invalidated or unenforceable provision is not material to the intended operation of this Agreement. 25. The County affirms that it is aware of the provisions of Section 287.133(2)(a), Florida Statutes. A person or affiliate who has been placed on the convicted vendor list following a conviction for a public entity crime may not submit a bid on a contract to provide any goods or services to a public entity, may not submit a bid on a contract with a public entity for the construction or repair of a public building or public work, may not submit bids on leases of real property to a public entity, may not be awarded or perform work as a contractor, supplier, 9 104 subcontractor, or consultant under a contract with any public entity, and may not transact business with any public entity in excess of the threshold amount provided in Section 287.017, Florida Statutes, for CATEGORY TWO for a period of thirty six (36) months from the date of being placed on the convicted vendor list. The County agrees that it shall not violate Section 287.133(2)(a), Florida Statutes, and further acknowledges and agrees that any conviction during the term of this Agreement may result in the termination of this Agreement. 26. The County will not discriminate against any employee employed in the performance of this Agreement, or against any applicant for employment because of age, ethnicity, race, religious belief, disability, national origin, or sex. The County shall provide a harassment - free workplace, with any allegation of harassment given priority attention and action by management. The County shall insert similar provisions in all contracts for services to be provided to the County under this Agreement. 27. It is not intended by any of the provisions of any part of this Agreement to create in the public or any member thereof, a third parry beneficiary under this Agreement, or to authorize anyone not a party to this Agreement to maintain a suit for personal injuries or property damage pursuant to the terms or provisions of this Agreement. The County guaranties the payment of all just claims for materials, supplies, tools, or labor and other just claims against the County in connection with this Agreement. Additionally, to the extent permitted by law and as limited by and pursuant to the provisions of Section 768.28, Florida Statutes, the County agrees to indemnify and hold harmless the Department , including the Department's officers and employees, from liabilities, damages, losses and costs, including, but not limited to, reasonable attorney's fees, to the extent caused by the negligence, recklessness or intentional wrongful misconduct of the County or persons employed or utilized by the County in the performance of this Agreement. This indemnification shall survive the termination of this Agreement. Nothing contained in this paragraph is intended to nor shall it constitute a waiver of the State of Florida and the County's sovereign immunity. Additionally, the County agrees to include the following indemnification in all contracts it enters into for the performance of work in connection with this Agreement: "To the fullest extent permitted by law, [the County's subrecipient/contractor/consultant] shall indemnify and hold harmless the County and the State of Florida, Department of Transportation, including the Department's officers and employees, from liabilities, damages, losses and costs, including, but not limited to, reasonable attorney's fees, to the extent caused by the negligence, recklessness or intentional wrongful misconduct of the [subrecipient/contractor/consultant] and persons employed or utilized by the [subrecipient/contractor/consultant] in the performance of this Agreement. 28. The Department and the County acknowledge and agree to the following: a. The County shall utilize the U.S. Department of Homeland Security's E - Verify system to verify the employment eligibility of all new employees hired by the County during the term of the contract; and b. The County shall expressly require any contractors and subcontractors performing work or providing services pursuant to the state contract to likewise utilize the 10 105 U.S. Department of Homeland Security's E -Verify system to verify the employment eligibility of all new employees hired: by the contractor/subcontractor during the contract term. 29. All notices pertaining to this Agreement are in effect upon receipt by either Party, shall be in writing, and shall be transmitted either by personal hand delivery; United States Post Office, return receipt requested; or, overnight express mail delivery. E-mail and facsimile may be used if the notice is also transmitted by one of the preceding forms of delivery. The addresses and the contact persons set forth below for the respective parties shall be the places where notices shall be sent, unless prior written notice of change of address is given. Department: State of Florida Department of Transportation Jessie Smiley Florida Department of Transportation District 4 Rail Administration 3400 West Commercial Blvd. Ft. Lauderdale, FL 33309 954-777-4667 jessie.smiley@dot.state.fl.us County: Indian River County Public Works Director 1801 27`'' Street, Building A Vero Beach, FL 32960 With a copy to: Indian River County County Attorney's Office 180127' Street, Building A Vero Beach, FL 32960 A copy of any notice from the Department to the County shall also be sent to: Brightline Trains Florida LLC 161 NW 6th Street Suite 900 Miami, FL 33136 Attn: General Counsel Email Cynthia.bergmann@gobrightline.com 30. This instrument embodies the entire agreement of the Parties. There are no provisions, terms, conditions, or obligations other than those contained in this Agreement. This Agreement supersedes all previous communication, representation, or agreement, either verbal or 11 106 written, between the parties. No amendment will be effective unless reduced to writing and signed by an authorized officer of the County and the authorized officer of the Department or his/her delegate. 31. This Agreement may be executed in duplicate originals. 107 IN WITNESS WHEREOF; the Parties have executed this Agreement on the day and year written above. INDIAN RIVER COUNTY By: Name: Title: Legal Review: STATE OF FLORIDA, DEPARTMENT OF TRANSPORTATION By: Name: Title: Legal Review: 13 108 EXHIBIT A PROJECT DESCRIPTION A. Project Description (description of County's project to provide context, description of project components funded via this Agreement (if not the entire project)): Safety improvements and upgrades at Indian River County roadway crossings necessary for higher -speed rail service through the county to provide added protection for the residents of Indian River County due to the proposed higher -speed rail service, including installation of additional fencing, sidewalk protection, second train warnings for pedestrians and motorists, and road widening to accommodate bicyclists at existing railway crossings. Particularly, the Additional Crossing Improvements, as that term is defined in the Settlement Agreement between the County and Brightline Trains Florida, LLC, dated effective as of June 8, 2021, and as more particularly described in Exhibit C to such Settlement Agreement, a copy of which is attached to this Exhibit A as Attachment A-1, not including the work identified in the columns for "FDOT Best Practice" or "Brightline", and excluding the railroad crossing panels to be installed at a width sufficient to accommodate future Indian River road widening projects planned at 41 st Street,45th Street, and 49th Street. B. Project Location (limits, city, county): Indian River County, Florida At grade rail/roadway crossings included in list attached to this Exhibit A. ❑ Illustration/graphic/map of project area is applicable and attached to this Exhibit A. C. Project Scope (allowable costs: describe project components, improvement type/service type, approximate timeline, project schedule, project size): The elements to be constructed within are site-specific to the individual crossings located from milepost 212.57 and 232.86 as described below: 1. Second Train Warning Quantity: 74 Schedule: Work to be completed after crossings go into operation as part of local preference crossing improvements Scope: Blank -out signs and horns will be installed at sidewalks to warn pedestrians of an oncoming train on the second track. 2. Widen Crossing Panels P Quantity: 8 Schedule: Work to be completed prior to each crossing going into operation Scope: This work focuses on widening the existing crossing panels to provide the additional sidewalks and bike lanes at certain crossings and sufficient width to accommodate future Indian River County roadway and sidewalk improvements at the designated locations. 3. Mill & Resurface Striping; Limits Quantity: 32 Schedule: Work to be completed prior to each crossing going into operation Scope: This work will include milling and resurfacing all thirty-two crossings within the limits of new enhanced striping that will be installed at each crossing. The enhanced striping is not funded through this grant agreement. 14 109 4. Additional Sidewalk Quantity: 1 Schedule: Work to be completed prior to crossing going into operation Scope: At one crossing, sidewalks with ADA ramps will be installed across the tracks. The new sidewalk will improve connectivity and access for pedestrians. 5. Road Widen Bypass/Bike Lane Quantity: 8 Schedule: Work to be completed prior to each crossing going into operation Scope: At several crossings, improvements will be made to provide a safe passage for bicyclists. This work will focus on pavement markings and widening. See Attachment A-2 for a breakdown of the crossings and quantities. D. Unallowable Costs (including but not limited to): Recipient overhead or administrative fees. E. Department Project Manager. The Department's Project Manager for the Project, and contact information, is: Jessie Smiley Florida Department of Transportation District 4 Rail Administration 3400 West Commercial Blvd. Ft. Lauderdale, FL 33309 954-777-4667 jessie.smilgy@dot.state.fl.us 15 110 Attachment "A-1" Exhibit C to the Settlement Agreement between Indian River County and Brightline Trains Florida, LLC, dated effective as of June 8, 2021 This attachment is part of Exhibit "A" to that certain Local Transportation Project Funding Agreement between the State of Florida, Department of Transportation and Indian River County. L W Q 7S4166 n I1I alma VIO d )3ZT5)'M19 ue17zegai g ry n LJ � 1`1 t �� "' LI n IJ d m n )MZTS)'MI9uel3zeq.S N a� c 75o1eW - a - � 3 L a o Perry puelazuL .. _ o . c m` FM L W Q E a d d d m n a� c - a - � 3 L a o - .. _ o y o B 4 co m ° -? z E' t; ao _cl o lo m 3� v o iL E E E to o E E E o a� o 'o o &_ c ry E m v - t a 3 m E c E$ 3 0 Vo'Elok a ia'E ecPo$ 3 01 E 0 o o v c Is u E c 44 " ._ r L 3 r c m '^ 44g N N N V 5? 9 a n— 3 w$ ¢ E w to 9 a y r 5 v m` 3 E — .� $ S y W �i 3 ti '0 E N 0 N T a m v W c r O c — ¢ d N aAp .6 ZE ; c m - _ a E�- E a Id 41OZ 111 111 111 1\I Mi 3-119 Is mz I P I I '1SMt n 111 111 111 111 : 1\i 'a^V 4ibT 111 IS419Z n 7S PuZE e. N 3 s r 1.3 A 1.m o 3 'IS P1E9 °- E a k d v vo a n E a°i E M Mi 3-119 I P I I 3 s r 1.3 A 1.m o 3 °- E a k d v vo a n E a°i "B W z 3 y t i- _ -_ m E B 9 E _ c 3 A fi £ a v a o E a 3 v i M 4 L m E _ o _ a ; 3 c 3 c E ° °L. 0 E° lw 3 r c `m n o v _ N N d« v =— c C � � 3 v E - wz °' v E m c _ _ E o F '° _ �° E Attachment "A-2" This attachment is part of Exhibit "A" to that certain Local Transportation Project Funding Agreement between the State of Florida, Department of Transportation and Indian River County. 17 114 Second Train Warning NViden Mill & Sidewalks Bike Crossing Resurface InstaIlatio Lane Panels Striping n Installatio n j Crossing Name MP Quantity Quantity- Quantity, Quantity Quantity Crossing 272159U - Roseland Road 212.57 2 1 Crossing 272161V - Main Street 214.42 4 1 j Crossing 273063H - CR 512 WB (Sebastian Blvd) 214.83 2 2 1 1 Crossing 272162C - CR 512 EB (Sebastian Blvd) 215.06 2 2 1 1 1 Crossing 272163J - Old Dixie Hwy 216 1 Crossing 272164R - Schumann Dr 216.59 2 1 Crossing 272165X - 99th Street (Vickers Rd) 217.61 1 Crossing 272974H - Barber Street 218.03 4 1 Crossiu2 272168T - Wabasso Rd/CR 510185th St 219.58 4 1 Crossing 27217OU - 771h Street (Hobart Rd) 220.7 2 1 Crossing 272172H - 69th Street (N Winter Beach) 221.57 2 1 1 2 Crossing 272173P - 65th Street (S Winter Beach Rd) 222.32 2 1 1 Crossing 272175D - Hawks Nest Rd 223.18 1 Crossing 273108M - 53rd Street 223.9 4 1 2 Crossing 2721775 - 49th Street 224.42 4 1 2 Crossing 272178Y - 45th Street 224.94 4 1 Crossing 272179F - 43rd Street 225.12 1 Crossing 272180A - 41st Street 225.46 4 1 Crossing 273047Y - 32nd Street (Aviation Blvd) 226.65 1 Crossing 272189L - 26th Street 227.06 2 1 Crossing 27219OF - 14th Ave 227.14 1 Crossing 272191M - 23rd Street 227.31 2 1 Crossing 272192U - 21st Street 227.48 2 1 Crossing 272193B - 201h Street 227.55 4 1 Crossing 272958Y - 19th Place 227.61 4 1 Crossing 272195P - 17th Street/16th Street 228.02 4 1 Crossing 272196AT - 12th Street 228.66 4 1 Crossing 272197D - Glendale Rd 229.19 1 Crossing 273049M - 4th Street (Indian River Blvd) 229.75 4 1 Crossing 272199S - 1st Street 230.15 2 1 Crossing 272200) - Oslo Rd 231.31 4 1 Crossing 272201R - Highlands Dr 232.86 4 1 Subtotal 74 8 32 i 8 17 114 Attachment "A-2" This attachment is part of Exhibit "A" to that certain Local Transportation Project Funding Agreement between the State of Florida, Department of Transportation and Indian River County. 17 115 Second Train Warning NViden Mill S SideiNalks Bike Crossing Resui1'ace Installatio Lane Panels Striping n Installatio n Crossing Nance MP Quantity. Quantity Quantic I Quantity Quantity Crossing 272159U - Roseland Road 212.57 2 1 Crossing 272161V - Main Street 214.42 4 1 Crossing 273063H - CR 512 RB (Sebastian Blvd.) 214.83 2 2 1 1 Crossing 272162C - CR 512 EB (Sebastian Blvd) 215.06 2 2 1 1 Crossing 272163) - Old Dixie Hwy 216 1 Crossing 272164R - Schumann Dr 216.59 2 1 Crossing 272165X - 99th Street (Vickers Rd) 217.61 1 Crossing 272974H - Barber Street 218.03 4 1 Crossing 272168T - Wabasso Rd/CR 510/85th St 219.58 4 1 Crossing 27217OU - 77th Street (Hobart Rd) 220.7 2 1 Crossing 272172H - 69th Street (N Winter Beach) 221.57 2 1 1 2 Crossing 272173P - 65th Street (S Winter Beach Rd) 222.32 2 1 1 Crossing 272175D - Hawks Nest Rd 223.18 1 Crossing 273108M - 53rd Street 223.9 4 1 2 Crossing 272177S - 49th Street 224.42 4 1 2 Crossing 272178Y - 45th Street 224.94 4 1 Crossing 272179F - 43rd Street 225.12 1 Crossing 272180A - 41st Street 225.46 4 1 Crossing 273047Y - 32nd Street (Aviation Blvd) 226.65 1 Crossing 272189L - 26th Street 227.06 2 1 Crossing 27219OF - 14th Ave 227.14 1 Crossing 272191M - 23rd Street 227.31 2 1 Crossing 272192U - 21st Street 227.48 2 1 Crossing 272193B - 20di Street 227.55 4 1 Crossing 272958Y - 19th Place 227.61 4 1 Crossing 272195P - 17th Street/16th Street 228.02 4 1 Crossing 2721961W - 12th Street 228.66 4 1 Crossing 272197D - Glendale Rd 229.19 1 Crossing 273049M - 4th Street (Indian River Blvd) 229.75 4 1 Crossing 272199S - lst Street 230.15 2 1 -Crossing 272200J - Oslo Rd 231.31 4 1 Crossing 272201R - H*hlands Dr 232.86 4 1 Subtotal 74 8 32 1 8 17 115 EXHIBIT B PROJECT BUDGET This exhibit forms an integral part of that certain Local Transportation Project Funding Agreement between the State of Florida, Department of Transportation and Indian River County. LOCAL PREFERENCE IMPROVEMENTS Estimate Second Train Warning $1,017,726 Widen Crossing Panels 1' $73,445 Traffic Signal Yellow Trap (flashing yellow arrow) $0 Mill & Resurf. Striping Limits $583,194 Addl. Sidewalks (65th Street Only) $754,999 Road Widen Bypass/Bike Lanes $154,735 Total Local Preference $2,584,099 �EP l'y., x.. t..r�h.. ➢ "�'w w..��. .'ate Maximum Limiting Amount Payment Milestone 'I7aymeut Amount: Milestone 1: Completed 1-8 Crossings $0 Milestone 2: Completed 9-16 Crossings $0 Milestone 3: Completed 17-24 Crossings $1,292,049.50 Milestone 4: Completed 25-32 Crossings $1,292,049.50 Total $2,584,099.00 18 116 EXHIBIT C CONTRACT PAYMENT REQUIREMENTS Florida Department of Financial Services, Reference Guide for State Expenditures Cost Reimbursement Contracts Invoices for cost reimbursement contracts must be supported by an itemized listing of expenditures by category (salary, travel, expenses, etc.). Supporting documentation shall be submitted for each amount for which reimbursement is being claimed indicating that the item has been paid. Documentation for each amount for which reimbursement is being claimed must indicate that the item has been paid. Check numbers may be provided in lieu of copies of actual checks. Each piece of documentation should clearly reflect the dates of service. Only expenditures for categories in the approved agreement budget may be reimbursed. These expenditures must be allowable (pursuant to law) and directly related to the services being provided. Listed below are types and examples of supporting documentation for cost reimbursement agreements: (1) Salaries: A payroll register or similar documentation should be submitted. The payroll register should show gross salary charges, fringe benefits, other deductions and net pay. If an individual for whom reimbursement is being claimed is paid by the hour, a document reflecting the hours worked times the rate of pay will be acceptable. (2) Fringe Benefits: Fringe Benefits should be supported by invoices showing the amount paid on behalf of the employee (e.g., insurance premiums paid). If the contract specifically states that fringe benefits will be based on a specified percentage rather than the actual cost of fringe benefits, then the calculation for the fringe benefits amount must be shown. Exception: Governmental entities are not required to provide check numbers or copies of checks for fringe benefits (3) Travel: Reimbursement for travel must be in accordance with Section 112.061, Florida Statutes, which includes submission of the claim on the approved State travel voucher or electronic means. (4) Other direct costs: Reimbursement will be made based on paid invoices/receipts. If nonexpendable property is purchased using State funds, the contract should include a provision for the transfer of the property to the State when services are terminated. Documentation must be provided to show compliance with Department of Management Services Rule 60A-1.017, Florida Administrative Code, regarding the requirements for contracts which include services and that provide for the contractor to purchase tangible personal property as defined in Section 273.02, Florida Statutes, for subsequent transfer to the State. (5) In-house charges:Charges which may be of an internal nature (e.g., postage, copies, etc.) may be reimbursed on a usage log which shows the units times the rate being charged. The rates must be reasonable. (6) Indirect costs:If the contract specifies that indirect costs will be paid based on a specified rate, then the calculation should be shown. Contracts between state agencies, and or contracts between universities may submit alternative documentation to substantiate the reimbursement request that may be in the form of FLAIR reports or other detailed reports. The Florida Department of Financial Services, online Reference Guide for State Expenditures can be found at this web address bttp://www.fldfs-com/aadir/reference—p-uide.htm. 19 117 EXHIBIT D State Financial Assistance (Florida Single Audit Act) THE STATE RESOURCES AWARDED PURSUANT TO THIS AGREEMENT CONSIST OF THE FOLLOWING: SUBJECT TO SECTION 215.97, FLORIDA STATUTES: Awarding Agency: Florida Department of Transportation State Project Title: LOCAL TRANSPORTATION PROJECTS CSFA Number: 55.039 *Award Amount: $2,584,099.00 *The state award amount may change with supplemental agreements Specific project information for CSFA Number 55.039 is provided at: bttps://gpps.fldfs-coni/fsaa/searchCatalog.aspx COMPLIANCE REQUIREMENTS APPLICABLE TO STATE RESOURCES AWARDED PURSUANT TO THIS AGREEMENT: State Project Compliance Requirements for CSFA Number 55.039 are provided at: https://apps.fldfs.com/fsaa/searchCompliance aspx The State Projects Compliance Supplement is provided at: htWs://4pps.fldfs.com/fsaa/coml2liance.aspx 20 118 STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION LOCAL TRANSPORTATION PROJECT FUNDING AGREEMENT INDIAN RIVER COUNTY - BRIGHTLINE SUBRECIPIENT AGREEMENT THIS STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION LOCAL TRANSPORTATION PROJECT FUNDING AGREEMENT INDIAN RIVER COUNTY — BRIGHTLINE SUBRECIPIENT AGREEMENT ("Agreement") is entered into as of the day of June, 2022 by and between Indian River County, a political subdivision of the State of Florida, whose address is 1801 27th Street, Vero Beach, Florida, 32960 ("Recipient"), and Brightline Trains Florida, LLC, whose address is 161 NW 6th Street, Suite 900, Miami, Florida, 33136 (the "Subrecipient"). RECITALS WHEREAS, the State of Florida Department of Transportation ("FDOT") and Recipient have entered into a State of Florida Department of Transportation Local Transportation Project Funding Agreement ("FDOT Agreement"), dated , 2022 for certain improvements at railroad crossings within Indian River County, a copy of which is attached as Exhibit "A"; and WHEREAS, the improvements described in the FDOT Agreement will be performed by Subrecipient; and WHEREAS, in order to ensure that the requirements of the FDOT Agreement are met and that Subrecipient is paid for the work described in the FDOT Agreement, Recipient and Subrecipient agree to enter into this Agreement; NOW THEREFORE, in consideration of the mutual undertakings herein and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties agree, as follows: 1. Recitals. The above recitals are true and correct and are incorporated herein. 2. Compliance Requirements. Subrecipient agrees that in order to receive funding under the FDOT Agreement, Subrecipient shall comply with all obligations and requirements set forth in the FDOT Agreement. 3. Monitoring. Subrecipient grants to Recipient and FDOT access to the Project, as described in the FDOT Agreement, along with all records and progress reports required to be made available to FDOT. Page I of 4 119 4. Financial Penalties. Any financial penalties incurred by Recipient under the FDOT Agreement shall be borne by Subrecipient and paid in the manner set forth in the FDOT Agreement, unless such penalties are solely the result of Recipient's actions or omissions. 5. Maintenance. Facilities constructed under the FDOT Agreement shall be maintained for their useful life and used for the purpose of supporting public transportation. This requirement shall not be construed to require modification of crossing or maintenance agreements between the Recipient, Subrecipient, and/or any third parties that otherwise assign responsibility for maintenance of the facilities constructed under the FDOT Agreement. The terms of this provision shall survive the termination of the FDOT Agreement and this Agreement. 6. Subrecipient Payments. Promptly after Subrecipient completes the work within the scope of each individual milestone identified in the FDOT Agreement, Subrecipient shall submit an invoice for such work to Recipient, with detail sufficient for a proper pre -audit and post - audit thereof, based on the quantifiable, measurable, and verifiable deliverables established in the FDOT Agreement. Recipient shall have 20 business days to review and either approve or reject each such invoice, and it shall promptly submit each approved invoice to FDOT within 5 days thereafter, along with any other information that the Recipient is obligated to provide FDOT in connection with requests for funding under the FDOT Agreement. Once Recipient has received funds from FDOT under the FDOT Agreement, it shall pay such funds to Subrecipient within 10 business days. Subrecipient will not receive payment for any work performed under this Agreement, until Recipient receives funds for such payments from FDOT. 7. Single Audit. Subrecipient shall comply with single audit requirement set forth in the FDOT Agreement. S. Indemnification. To the fullest extent permitted by law, Subrecipient shall indemnify and hold harmless the Recipient and FDOT, including FDOT's officers and employees, from liabilities, damages, losses and costs, including, but not limited to, reasonable attorney's fees, to the extent caused by the negligence, recklessness or intentional wrongful misconduct of Subrecipient and persons employed or utilized by Subrecipient in the performance of this Agreement. 9. E -Verify System. Subrecipient shall utilize the U.S. Department of Homeland Security's E -Verify system to verify the employment eligibility of all new employees hired by the contractor/subcontractor during the term of this Agreement. Page 2 of 4 120 10. Termination. To the extent the FDOT Agreement is terminated for any reason, this Agreement shall be deemed terminated. Any obligations still required of Recipient after the termination of this Agreement shall continue to be borne by Subrecipient. IN WITNESS WHEREOF, Recipient and Subrecipient have executed this instrument this day of June, 2022. BRIGHTLINE TRAINS FLORIDA, LLC By: Patrick Goddard, President INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS By: Peter D. O'Bryan, Chairman Date approved: ATTEST: Jeffrey R. Smith, Clerk of Court and Comptroller By: Deputy Clerk Approved: Jason E. Brown County Administrator Approved as to form and legal sufficiency: Dylan Reingold County Attorney Page 3 of 4 121 /6-X/ DISTRICT INDIAN RIVER COUNTY, FLORIDA MEMORANDUM TO: Jason E. Brown, County Administrator THROUGH: Tad Stone, Director Department of Emergency Services FROM: Erin Sawyer, Staff Assistant IV Department of Emergency Services DATE: June 15, 2022 SUBJECT: Approval of Second Renewal of Second Amendment of Property Lease for Temporary Location of Fire Station #7 It is respectfully requested that the information contained herein be given formal consideration by the County Administrator. DESCRIPTION: On June 23, 2015, Joseph G. Miller and Indian River County entered into a lease agreement for the use of the property located at 1893 90th Avenue, Vero Beach, Florida to serve as a short-term location for modular Fire -Rescue Station #7. On May 2, 2017, an Amendment to the Lease Agreement was approved reflecting St. Lucie County Battery and Tire Company as the Lessor on the agreement. The initial term on the lease agreement was 24 months with the option to renew for 3 additional one (1) year terms. On June 11, 2019, the County utilized the final one (1) year extension and the lease expired on June 18, 2020. On August 18, 2020, the Board approved a second amendment and renewal of the property lease with the option to renew for 3 additional one (1) year terms. On July 6, 2021, the Board renewed the lease agreement for the first one (1) year term. The current lease is due to expire on June 18, 2022 and at this time, staff is requesting to extend the lease for an additional one (1) year term. The monthly lease amount will be $1,125.50. ($13,506.00/annually), an increase of 3% over the previous rate of $1,092.72 ($13,112.64/annually). FUNDING: Funding for the property lease is budgeted and available in the Emergency Services District/Fire Rescue/Rent-Land Account in the amount of $13,506.00. ACCOUNT NAME ACCOUNT NUMBER AMOUNT Emergency Services District/Fire Rescue/Rent-Land 1 11412022-034410 $13,506.00 RECOMMENDATION: Staff recommends approval of the second renewal of property lease. ATTACHMENTS: Second Renewal to Second Amendment of Lease Agreement 122 SECOND RENEWAL TO SECOND AMENDMENT OF LEASE AGREEMENT THIS SECOND RENEWAL OF SECOND AMENDMENT OF LEASE AGREEMENT ("Renewal") is entered into as of the day of June, 2022 by and between St. Lucie Battery and Tire Company, a Florida corporation, ("Lessor") and Indian River County, a political subdivision of the State of Florida (the "Lessee"): RECITALS WHEREAS, on June 23, 2015, Joseph G. Miller and Lessee entered into a lease agreement (the "Lease Agreement") for the use of the property located at 1893 901' Avenue, Vero Beach, Florida (the "Leased Premises") to serve as a short term location for a modular Fire Station #7; and WHEREAS, on November 2, 2016, Joseph G. Miller, individually, and as Trustee of the Joseph G. Miller Revocable Living Trust, dated October 2, 1986, deeded the Leased Premises to Lessor; and WHEREAS, on May 2, 2017, Lessor and Lessee entered into an Amendment to Lease Agreement, reflecting St. Lucie Battery and Tire Company as the Lessor on the Lease Agreement; and WHEREAS, the Lease Agreement was for an initial term of 24 months and allowed the Lessee to renew the Lease Agreement for 3 additional one (1) year terms; and WHEREAS, the Parties renewed the Lease Agreement, as amended, until August 18, 2020, when it was set to expire; and WHEREAS, the Parties entered into a Second Amendment and Renewal of Lease Agreement (Second Amendment) on August 18, 2020, that renewed the Lease Agreement for an additional one (1) year term with the option to extend the Lease Agreement for three additional one (1) year terms; and WHEREAS, on July 6, 2021, the Lessor and Lessee renewed the Lease Agreement for the first one (1) year term; WHEREAS, it is the intent of the Lessor and the Lessee that the Lease Agreement be extended for the second one (1) year term; and NOW THEREFORE, in consideration of the mutual undertakings herein and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties agree, as follows: 1. Recitals. The above recitals are true and correct and are incorporated herein. Page 1 of 2 123 2. Amendment. The Lease Agreement is hereby renewed to provide for an additional term of one year from June 18, 2022 to June 18, 2023. Following the additional term, the Lessee shall have the right to renew the Lease Agreement for one (1) additional one-year term, provided however, that the Lessee informs the Lessor one hundred twenty (120) days before the expiration of the lease of the Lessee's desire to exercise its right to the additional one-year term. Be it further amended that the rental rate paid to the Lessor by the Lessee be increased by 3% to $1,125.50 per month or $13,506.00 annually. The rent shall increase by 3% each successive year the Lease Agreement is renewed by Lessee. 3. All provisions of the Lease Agreement, as amended by the Amendment to Lease Agreement, shall remain in full force and effect. IN WITNESS WHEREOF, the Lessor and Lessee have executed this instrument this day of June, 2022. INDIAN RIVER COUNTY, FLORIDA St. Lucie Battery and Tire Company Peter D. O'Bryan, Chairman By: G. Douglas Miller Board of County Commissioners Title: President Witnessed by: Date Approved: ATTEST: Jeffrey R. Smith Signature: Clerk of the Court and Comptroller Printed name: By: Signature: Deputy Clerk Printed name: APPROVED AS TO FORM: Dylan Reingold, Esq. County Attorney Page 2 of 2 APPROVED County Administrator 124 SWDD Item Indian River County, Florida Solid Waste Disposal District Board Memorandum Date: June 9, 2022 To: Jason E. Brown, County Administrator From: Sean C. Lieske, Director of Utility Services Prepared By: Himanshu H. Mehta, PE, Managing Director, Solid Waste Disposal District Subject: Approval of FY 2023 CPI Adjustment Request by Waste Management for Franchise Agreement Descriptions and Conditions: On April 21, 2015, the Indian River County (IRC) Solid Waste Disposal District (SWDD) Board entered into a Franchise Agreement for the Solid Waste and Recyclables Collection with Waste Management Inc. of Florida (WMIF). WMIF started providing services on October 1, 2015. Article 16 of the Franchise Agreement provides for the compensation provision of the services specified in the referenced Exhibit 1, along with a rate adjustment process specified in the referenced Exhibit 4 of said agreement. Per Amendment No. 1 to the Franchise Agreement, dated October 4, 2016, the maximum rate adjustment was limited to 3%. On June 2, 2022, WMIF submitted an annual rate adjustment request of 3.00% to be effective October 1, 2022, for Fiscal Year (FY) 2022/2023. In addition, due to extraordinary inflationary cost increases, WMIF requested a 17.43% adjustment to the residential subscription rates only for consideration by the County Administrator. On June 9, 2022, a conference call was held with WMIF to negotiate this request. WMIF understood that staff could not support the 17.43% increase and elected to maintain their original request of 3.00%. This agenda item is requesting SWDD Board approval for the Consumer Price Index (CPI) adjustment request by WMIF. Analysis: Staff has reviewed, verified, and recommends the approval of the request by WMIF of 3.00% of the residential and commercial rates, as specified in the attached Exhibit 1. In summary, here are the changes: Residential Unit FY 2015/16 FY 2016/17 FY 2017/18 FY 2018/19 FY 2019/20 FY 2021/22 FY 2022/23 Change from Rate Rate Rate Rate Rate Rate Rate Prior Year Single Family $9.68 $9.68 $9.83 $10.01 $10.14 $10.44 $10.75 $0.31 Subscription Single Family Universal/mo. * $7.73 $7.73 $7.85 $8.00 $8.10 $8.34 $8.59 $0.25 Billed Cubic Yard $4.73 $4.73 $4.80 $4.89 $4.95 $5.10 $5.25 $0.15 Billed Cart Service $9.46 $9.46 $9.60 $9.78 1 $9.91 1 $10.21 $10.52 $0.31 125 SWDD Agenda - Approval of FY2023 CPI Adjustment Request by Waste Management for Franchise Agreement Page 1 of 3 SWDD Item Residential Unit FY 2015/16 FY 2016/17 FY 2017/18 FY 2018/19 FY 2019/20 FY 2021/22 FY 2022/23 Change from Rate Rate Rate Rate Rate Rate Rate Prior Year Container $100.00 $100.00 $101.51 $103.42 $104.77 $107.91 $111.15 $3.24 Maintenance Fee 15 Yard Open Top $155.00 $155.00 $157.34 $160.30 $162.40 $167.27 $172.29 $5.02 Per Pull 20 Yard Open Top $170.00 $170.00 $172.57 $175.81 $178.11 $183.45 $188.95 $5.50 Per Pull 30 Yard Open Top $205.00 $205.00 $208.10 $212.01 $214.79 $221.23 $227.87 $6.64 Per Pull 40 Yard Open Top $235.00 $235.00 $238.55 $243.03 $246.21 $253.60 $261.21 $7.61 Per Pull Compactor -20 $245.00 $245.00 $248.71 $253.38 $256.70 $264.40 $272.33 $7.93 cubic yards Compactor - 30 cubic yards $245.00 $245.00 $248.71 $253.38 $256.70 $264.40 $272.33 $7.93 Compactor - 40 $245.00 $245.00 $248.71 $253.38 $256.70 $264.40 $272.33 $7.93 cubic yards Single Family Recycling/mo. $2,55 $2.55 $2.59 $2.64 $2.67 $2.75 $2.83 $0.08 Multi -Family Recycling/mo. $2.04 $2.04 $2.07 $2.11 $2.14 $2.20 $2.27 $0.07 Commercial $14.19 $14.19 $14.40 $14.67 $14.86 $15.31 $15.77 $0.46 Compactor Exchange Solid $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $0.00 Waste Cart Additional Solid $60.00 $60.00 $60.00 $60.00 $60.00 $60.00 $60.00 $0.00 Waste Cart Reinstate Service Charge $25.00 $25.00 $25.00 $25.00 $25.00 $25.00 $25.00 $0.00 * The rates for Universal Collection listed here and as provided by WMIF in Exhibit 1 is calculated at 75% of the change in CPI; however, the Franchise Agreement stipulates that after October 1, 2018, the CPI rate for Universal Collection is to be calculated at 100% of the change in CPI. Upon approval of the CPI rate increase by the SWDD Board, and in accordance with Article 16.1.2.4 of the Franchise Agreement, WMIF will submit to SWDD staff, for approval, the notice to its customers of the rate increase prior to October 1, 2022. Funding: The majority of the services provided in the Franchise Agreement are directly paid by residential subscription customers or by commercial customers. The exception is the payment for the residential recycling services, which is paid to WMIF by SWDD. The annual cost for FY 2021/2022 was $2,900,000. Funding, in the amount of $3,100,000, for these recyclables collection services is budgeted in the SWDD recycling account for FY 2022/2023 under SWDD/CC & Recycling/Other Contractual Services, Account No. 41125534-033490, which is funded from SWDD assessments and user fees. DESCRIPTION ACCOUNT AMOUNT SWDD/CC & Recycling/Other Contractual Services - FY 22/23 1 41125534-033490 $3,100,000 126 SWDD Agenda - Approval of FY2023 CPI Adjustment Request by Waste Management for Franchise Agreement Page 2 of 3 SWDD Item Recommendation: Solid Waste Disposal District staff recommends that the Board approve the request for a 3.00% rate adjustment by Waste Management, Inc. of Florida, and authorize the County Administrator or his designee to send a letter of approval. Attachment: 1. June 2, 2022 Rate Adjustment Letter from Waste Management 127 SWDD Agenda - Approval of FY2023 CPI Adjustment Request by Waste Management for Franchise Agreement Page 3 of 3 Deborah A. Perez Government Affairs Manager WASTE MANAGEMENT INC. OF FLORIDA 4310 771" St. Vero Beach, FL 32960 772-413-9997 dperez@wm.com June 02, 2022 Mr. Jason Brown County Administrator Indian River County 1801271h St. Vero Beach, FL 32960 Via Email Re: 2022 Annual CPI Notice & Extraordinary Inflationary Cost Recovery Request Dear Mr. Brown: Waste Management appreciates the opportunity to provide solid waste collection services to the residents of Indian River County. In accordance with article 16.1.2.2 Amended; Waste Management Inc. of Florida, is submitting this notice for the annual rate adjustment to reflect changes in the cost of doing business. Throughout 2021, the U.S. economy has been experiencing the unexpected adverse impacts of inflation caused in large part by an economy re-emerging from COVID-19 but hampered by labor and supply chain constraints. Not since the years immediately following WWII or the late -1970s has the U.S. experienced inflationary price increases at these levels. For WM, disruptions in the supply chain for critical materials and equipment, labor shortages, and significant increases in fuel costs have substantially increased WM's cost to provide services to your community. As just one example, the price of the steel WM needs for solid waste and recycling vehicles and containers has increased more than 150% over the past 12 months. Many economists are projecting continued labor shortages and upward pressure on labor and critical material costs. Utilizing the common industry Price Increase Index of CPI -U, 75% of the full adjustment amount of 9.40%, would make it 7.05%, but due to the NTE clause of 3.00%, our CPI request is for the 3.00% effective October 01, 2022. Back up information is included for your review. Due to the unforeseen and extraordinary market conditions mentioned above, which the parties could not anticipate at the time the contract was executed, WM respectfully requests an additional 17.43% adjustment to the residential rates only, to allow WM's compensation to better keep pace with WM's operating costs to provide critical services in your community. If approved, both adjustments would be applied bringing the total price per home to $12.57 per home, effective 128 Deborah A Perez Government Affairs Manager WASTE MANAGEMENT INC OF FLORIDA 4310 7r St. Vero Beach FL 32960 772-413-9997 dperez@wm com October 01, 2022. As you can see from the supporting backup, our extraordinary inflationary costs increased by $1.82 per home. WM is as committed as ever to provide best -in -class service to our customers and the communities we call home. We appreciate your partnership as we address these unusual market conditions. Please feel free to contact me at (407) 466-4079 if you have any questions. Thank you. Deborah A. Perez Government Affairs Manager Cc: Sean Lieske, Public Utilities Director, IRC Himanshu Mehta, PE., Solid Waste Director, IRC Kasey Godwin, District Manager, WM 129 INDIAN RIVER COUNTY EXHIBIT 1- COLLECTION SERVICE RATES 10/01/2022 RESIDENTIAL COLLECTION SERVICE Monthly Monthly SUBSCRIPTION SERVICE (applicable only if SWDD initiates universal collection) Collection Following the 1st 90 days of service, upon request, custome can exchange Universal in USA: 1x/week in Franchisee - Fee/Unit Solid Waste: lx/week in Franchisee - provided Roll Carts; $ 30.00 Additional Solid Waste Cart: Solid Waste: $ 5.39 Yard Trash: Universal in USA: ix/week $ 3.20 Bulk Trash on call $ 7.55 Yard Trash: ix/week $ 3.20 Total Subscription Service $ 10.75 RESIDENTIAL COLLECTION SERVICE Monthly UNIVERSAL SERVICE IN URBAN SERVICE AREA Collection (applicable only if SWDD initiates universal collection) Fee/Unit Following the 1st 90 days of service, upon request, custome can exchange Universal in USA: 1x/week in Franchisee - cart service at No Charge, After that, any additional sofid waste cart size Solid Waste: exchange wig incur a charge $ 30.00 Additional Solid Waste Cart: provided Roll Carts; Bulk Trash on call $ 5.39 Yard Trash: Universal in USA: ix/week $ 3.20 Total Subscription Service $ 8.59 RESIDENTIAL COLLECTION SERVICE One -Time (ancillary services) Charge Exchange Solid Waste Cart Size: Following the 1st 90 days of service, upon request, custome can exchange cart service at No Charge, After that, any additional sofid waste cart size exchange wig incur a charge $ 30.00 Additional Solid Waste Cart: if Resident generates large quantities of SW, they may request ONE Adc0onal Cart; This is a One -Time Charge; There is NO Additonal Charge to Service the Extra Cart $ 60.00 Additional Recycle Cart: If Resident generates large quantities of REC, they may request an Additonal Cart, There is NO CHARGE to deliver OR service a REC Cart $ - Reinstate Service Charge: Should a Rog Cart be removed from a Residential Customer due to Non Payment, WM may charge to Re-Degver Cart $ 25.00 5/23/2022 1:29 PM Indian River County CPI October 2022 130Page 1 INDIAN RIVER COUNTY EXHIBIT 1- COLLECTION SERVICE RATES 10/01/2022 COMMERCIAL COLLECTION SERVICE Monthly RESIDENTIAL RECYCLABLES COLLECTION SERVICE Collection Commercial Dumpster Service - includes container and maintenance Fee/Unit Residential Units: Fee/Cubic Yard $ 5.25 Commercial Cart Service - in Franchisee -provided Roll Cart provided Roll Carts $ 2.83 Multi -Family Units: Fee/Pickup $ 10.52 Commercial Compactor - includes container and maintenance $ 2,27 Fee/Cubic Yard $ 15.77 Container and Maintenance Fee/Month Fee / Pull Open Top Roll -Off - 15 cubic yards $ 111.15 $ 172.29 Open Top Roll -Off - 20 cubic yards $ 111.15 $ 188.95 Open Top Roll -Off - 30 cubic yards $ 111.15 $ 227.87 Open Top Roll -Off - 40 cubic yards $ 111.15 $ 261.21 Compactor - 20 cubic yards $ 111.15 $ 272.33 Compactor- 30 cubic yards $ 111.15 $ 272.33 Compactor- 40 cubic yards $ 111.15 $ 272.33 5/23/2022 1:29 PM Indian River County CPI October 2022 131 Page 2 Monthly RESIDENTIAL RECYCLABLES COLLECTION SERVICE Collection Fee/Unit Residential Units: Single Stream; 1x/week in Franchisee - provided Roll Carts $ 2.83 Multi -Family Units: Single Stream; ix/week in Franchisee - provided Roll Carts/Dumpsters $ 2,27 5/23/2022 1:29 PM Indian River County CPI October 2022 131 Page 2 V i V1 a) O z =I al 4l C14 U� CD It C14 rl T V C) N 0 Ma M to M M N N N N N M M< VM cN0 N N (Np N yN N N N �Npp (Npp V � G1 CN7 c0 �� N CD O N T CO M N - V CO c0 f+ N P� 0 N N N N N N N M M V V cA N N N N N N N N N N h N V c0 c0 r N N M T I- M t0 M N c0 n N N N N N N M MV V 47 N N N N N N N N cNp N N N in CO c0 cA N c0 M T 0 N M O M V c0 0 r O V M Lo O f-- N 10 cc7 N N N N MN M V V c0 N N N N" N N N N N c0 CO M N ikn O r N N M M 01 cOh 0�{ r m v T N N N N N c�! 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