Mar 16, 2021 Fort Pierce Utilities Authority

[Call to Order]

[00:00:05]

>> THIS MEETING OF IF FORT PIERCE UTILITIES AUTHORITY REGULAR MEETING IS CALLED TO ORDER ON THIS DAY TUESDAY MARCH 16TH, 2021. WE WOULD NOW HAVE OPENING PRAYER BY MR. JASON MITTLER AND WE WILL REMAIN STANDING TO DO THE PLEDGE OF ALLEGIANCE TO THE FLAG. PLEASE PRAY WITH ME. WE GIVE YOU GLORY AND ACKNOWLEDGE YOUR HAND AND PRESENCE IN ALL THINGS. WE THANK YOU FOR THIS OPPORTUNITY TO SEEK YOU FOR BIGSDOM AND GUIDANCE. WE ASK FOR SPIRIT OF UNITY TO REST, AND TO HELP ESTABLISH PARTNERSHIPS AND INITIATIVE AMONG COMMUNITY LEADERS, BUSINESSES CHURCHES AND OTHER ORGANIZATIONS. WE THANK YOU FOR RAISING THESE LEADERS UP AND PLACING THEM WHERE THEY ARE. MAY YOU BLESS THEM, AND THIS

COMMUNITY. IN JESUS NAME WE PRAY. >> THANK YOU.

[A. SET THE AGENDA]

THE AGENDA. >> A COUPLE OF QUICK ITEMS THAT WE CHANGED.

WE'VE ADDED TWO ITEMS TO THE CONSENT AGENDA. 7 AND 8.

ITEM 7 WAS PREVIOUSLY ON THE NEW BUSINESS AND BECAUSE OF THE THRESHOLD BELOW $200,000 WE MOVED IT TO CONTENT. NUMBER 8 WAS A PURCHASE ORDER WITH ELSTER SHOULD HAVE BEEN ON THE CONSENT AGENDA ORIGINALLY AND WAS IN FACT UNDER THE CONTRACTS SECTION.

WE MOVED IT THERE. >> THANK YOU. >> AT THIS TIME CHAIR

RECOGNIZE MOTION TO ACCEPT THE AGENDA. >> SO MOVED.

>> SECOND. >> MOVED AND PROPERLY SECONDED.

WE WILL SET THE AGENDA. ANY QUESTIONS? MADAM SECRETARY, PLEASE CALL THE ROLL.

[B. APPROVAL OF MINUTES]

TO APPROVE THE MINUTES OF MAY 2ND, 2021. >> MOVE TO APPROVE.

>> SECOND. >> MOVED AND PROPERLY SECONDED THAT WE APPROVE THE MINUTES OF MARCH 2ND. ANY QUESTIONS. CALL THE ROLL.

SPEAK YOU HAVE THREE MINUTES TO COME UP. CHAIR DOES NOT RECOGNIZE ANY

[D. CONSENT AGENDA]

THE CONSENT AGENDA, PLEASE? >> MOVE APPROVAL. >> SECOND.

>> IT'S BEEN MOVED AND PROPERLY SECONDED. WE APPROVE THE CONSENT AGENDA.

ANY QUESTIONS? >> CALL THE ROLL, MADAM SECRETARY, PLEASE.

>>

[E. LETTERS OF APPRECIATION]

WOULD YOU READ THEM. THE FIRST E-MAIL THAT WAS RECEIVED BY A CUSTOMER PAUL REGARDING GAS OPERATIONS PERSONAL BILLY DUPREY, JIM SUBMIT AND CHRIS JOHNSON FOR DEDICATION PROFESSIONALISM AND BEING SERVICE DRIVEN FOR THE HANDLING OF A POTENTIAL ISSUE

THAT TURNED POSITIVE. >> THE SECOND IS AN E-MAIL THAT WAS RECEIVED BY ROBIN CAMPBELL FROM DIRECTOR FT. PIERCE THANK I FPUA FOR COLLECTING FOOD FOR THEIR FOOT PANTRY. THE THIRD IS AN E-MAIL THAT WAS RECEIVED BY SANJEEV KUMAR, PHARMACIST ALTERNATE FT. PIERCE DISCOUNT PHARMACY REGARDING BARBARA GIBSON'S CUSTOMER SERVICE AND APPRECIATION FOR HER HANDLING HIS ACCOUNT ACCURATELY AND

EFFICIENTLY. >> THANK YOU. >> I WOULD SAY THOSE ARE THE KIND OF LETTERS WE APPRECIATE AND WE THANK THE STAFF. WE WILL MOVE AND WE SEE NO OLD

[G.1. Manatee Center Update – For Information Only.]

THE FIRST ITEM THIS AFTER IS THE MOAC UPDATE BY RACHEL TENANT.

[00:05:08]

BUT FOUND OUR VOLUNTEERS AND THE CROWD THAT WE BRING WAS TOO MUCH OF A VULNERABILITY TO COVID. WE HAVE FOR THE MOST PART STAYED CLOSED.

BUT WE HAVE ALSO STAYED ACTIVE. WE HAVE BEEN SCHEDULING ROVING NATURALEST AND VOLUNTEERS AT AN OYSTER TABLE OUTSIDE OF THE MANATEE CENTER.

ALMOST EVERY DAY AND THE IDEA IS THAT THESE VOLUNTEERS CAN STAY SOCIALLY DISTANCED AND OUTDOORS WHILE ALSO SERVING VISITORS WHO DO STILL COME TO THE CENTER FROM TIME TO TIME.

ROVING NATURALEST AND OYSTER TABLE VOLUNTEER ESTIMATE THEY'VE ENGAGED ABOUT 200 VISITORS PER WEEK WHICH IS FANTASTIC. ESPECIALLY GIVEN THAT WE OTHERWISE WOULD NOT HAVE BEEN OPEN. WE ALSO HAVE VOLUNTEERS COME TO MANATEE CENTER AND DECORATE FOR THE HOLIDAYS. SO WE COULD PARTICIPATE IN THE CITY OF LIGHT DECORATING CONTEST. AND WE'RE VOTED THE WINNERS, WHICH WAS VERY EXCITING FOR ALL OF US. WE'VE ALSO STAYED ACTIVE WITH GRANTS. THE FLORIDA DEPARTMENT OF STATE DIVISION OF CULTURAL AFFAIRS IS STILL OUR BIGGEST GR GRANTEU R.E. WE WERE AWARDED $22,000 BETWEEN JULY 2020 AND JUNE OF THIS YEAR. WE'RE APPROVED UP TO $70,000 FOR NEXT YEAR. THIS THE REALLY DEPENDANT UPON WHAT THE STATE BUDGET IS.

AND WE DO NOT YET KNOW. WE'LL FIND OUT SOON-ISH. NEXT APPLICATION IS AVAILABLE APRIL 1ST AND DUE JUNE 1ST. AND WE WILL APPLY FOR. WE GOT NOTICE THAT WE RECEIVED A GRANT. THIS SUPPORT OUTDOOR EDUCATION PROGRAMS. THERE'S QUITE A FEW EXHIBIT UPDATE WITH THE HUMANITIES GRANT THAT FINISHED EARLIER THIS YEAR OR LATE LAST YEAR. WE ADDED TREASURE COAST HISTORY TO THE THEATER ROOM IN THE EXHIBIT HALL. YOU CAN SEE ON THE LEFT-HAND SIDE THERE'S TEN DIFFERENT SORT OF MINIATURE DIAMARA THAT COVERED CITRUS, PINEAPPLES. CATTLE, THE TREASURE COAST, WHERE DID WE GET OUR NAME AS TREASURE COAST IN THE TWO MAPS ARE MEANT TO BE PUSH-PIN MAPS WHEN WE REOPEN SO WE CAN SHOW OUR VISITOR AND VOLUNTEERS WHERE THEY ARE COMING FROM, FROM AROUND THE WORLD. WE DO GET GLOBAL VISITORS. THIS IS WAS SOMETHING THAT CAME UP LAST PRESENTATION TORE ONE BEFORE. WE FINALIZED OUR DATA ANALYSIS OF THE DEMOGRAPHICS OF WHERE OUR VOLUNTEERS ARE -- WHERE OUR VISITORS ARE FROM.

VOLUNTEER FINISHED IT A COUPLE OF WEEKS AGO. WE DON'T HAVE CHARTS YET.

ALL OF IT HAS BEEN DIGITIZED SO WE CAN FIGURE IT OUT. >> WE ALSO ADDED AN EXHIBIT ESPECIALLY ABOUT THE HONEY KING POWER PLANT HISTORY. IT'S IN THE SAME ROOM AND YOU CAN SEE IT'S ON THE BACK WALL THERE. AND WHAT WE'VE TALKED ABOUT IS POWER PLANT ITSELF THERE'S A TIME LINE. MANATEE AND MORRIS CREEK.

WHY IS MOAB LOCATED WHERE IT. AND NATURAL HABITATS WHETHER OR NOT MANATEES ARE BECOMING UPON WARM WATER AFLOOUNT THROUGHOUT THE STATE. AND WE HAVE SO PUT TOGETHER A MODEL POWER PLANT AND PUT FPLA LOGOS ON IT. WE HAD FUN PUTTING THIS TOGETHER. THE IDEA WAS TO OPEN UP THE HISTORY OF THE CENTER TO OUR VISITORS IN ADDITION TO THE NATURAL ECO SYSTEMS THAT WE TEACH.

AND OUTDOOR SIGNAGE WHICH IS IMPORTANT BECAUSE WE'RE CLOSED.

WE ADDED INFORMATION ABOUT THE BREAK WATER ISLANDS THAT THE FT. PIERCE CITY MARINA PUT IN AFTER THE HURRICANES. WE INCLUDED A PHOTO OF THE DAMAGE THAT WAS THERE AFTER THE HURRICANE AND JUST TALK ABOUT THE VALUE OF THESE ISLANDS AND YOU CAN SEE THEM FROM THE OBSERVATION TOWER WHICH IS WHERE THE SIGN IS. WE ADDED SOME SIGNAGE ABOUT OUR VOLUNTEER WALL TO LET FOLKS KNOW WHY IT'S THERE AND WHAT EACH BUTTER FLY

[00:10:10]

IN A COUPLE OF FACILITY UPDATES. WE INSTALLED THE RETRACTIBLE SCREENS THAT WE WERE FUND-RAISING FOR A WHILE BACK. THIS IS WHAT IT LOOKS LIKE FROM THE OUTSIDE. AND WE'RE GOING TO DO A LITTLE BIT MORE WORK TO ADD SOME WALKWAY AND A LITTLE BIT MORE ON THE INSIDE. THIS IS WHAT IT LOOKS LIKE FROM THE INSIDE. YOU CAN SEE OUT BUT THERE'S A LITTLE BIT OF PRIVACY IN TERMS OF LOOKING IN. AND WE PLAN TO USE THESE FOUR EDUCATION PROGRAMS. FOR EXAMPLE, SUMMER CAMP THIS YEAR WHERE WE DO HALF DAY CAMPS LIKE LAST YEAR AND WE WILL HAVE THE SPACE SET ASIDE SPECIFICALLY FOR OUR CAMPERS. AND WE ALSO TOOK A FEW SAFETY MEASURES UPDATING THE OBSERVATION DECK. ON GOING EDUCATION PROGRAMS. WE'VE BEEN HOSTING GUIDED KAYAK TOURS EVERY SATURDAY AT 10:30 A.M.

FOR US THIS IS A REALLY GOOD SUCCESS STORY. BECAUSE OUR EDUCATION REVENUE IS BASICALLY THE SAME AS IT WAS THE YEAR PRIOREN THOUGH WE'VE BEEN CLOSED AND HAVEN'T HAD FIELD TRIPS OR CAMPS COMING TO US. IT'S 100% OF THESE GUIDED KAYAK TOURS. WE'RE EXCITED FOR WHEN THINGS DO START TO NORMALIZE.

BECAUSE WE KEEP HOSTING KAYAK TOURS AND DO OUR CAMPS. THIS IS REALLY PROMISING.

AND WE'VE DONE A LOT OF VIRTUAL PROGRAMMING. LUNCH AND LEARN MAINTAINED THROUGHOUT COVID EVERY SECOND FRIDAY. USED TO BE ON THE CENTER.

NOW IT'S ON FACEBOOK LIVE. THE BENEFIT OF THIS WE'VE BEEN ABLE TO SCHEDULE SPEAKERS WHO OTHERWISE WE WOULDN'T HAVE HAD BECAUSE THEY COULD PRESENT FROM WHEREVER THEY WERE.

WE HAD SPEAKERS FROM ALL OVER FLORIDA PRESENTING WHICH HAS BEEN A LOT OF FUN.

HALLOWEEN IS ONE OF OUR BIGGEST EVENT EVERY YEAR. WE GET BETWEEN 6 AND 800 PEOPLE AT THE CENTER. JUST TWO-HOUR PERIOD. DRESSED IN COSTUMES.

WE DID IT ONLINE THIS YEAR. THE MAIN THEME LINCOLN PART ACADEMY THEATER STUDENTS WERE ABLE TO PARTICIPANT. USUALLY THEY DRESS UP AS ZOMBIES AND DANCE WITH THE KIDS BUT HERE THEY JUST DRESSED UP AS ZOMBIES AND MADE VIDEO.

A LOT OF THEM WERE HOME SCHOOLING. THEY MADE THIS VIDEO OF THEMSELVES REALIZING ONE OF THEIR STUDENT HAD TURNED INTO THE ZOMBIE THEN DID THE MONSTER MASH DANCE. IT WAS REALLY, REALLY NICE. THEY WERE VERY PROUD.

IT WAS COMPLETELY PRODUCED BY THEM TOO. I WAS PROUD OF THIS ONE.

AND NATURE FEST. WE DID VIRTUAL NATURE FEST WITH A SCAVENGER HUNT.

WITH THE VIRTUAL STUFF WE TRIED NOT TO GO TOO HEAVY ON VIRTUAL.

WE'RE ALL KIND OF TIRED. WE'RE JUST TRYING TO FIND THAT BALANCE WHY WE STAY ACTIVE IN PERSON. AND WE HAVE ALSO STAYED COMMUNITY PROUD ALL ALONG.

WE ADOPTED BACKUS AVENUE AND INITIATED MONTHLY CLEANUPS IN JANUARY.

WE DONE ONE EVERY MONTH SO FAR INCLUDING LAST WEEK'S KEEP FORT PIERCE BEAUTIFUL CLEANUP.

THE MANATEE MURAL WAS FINISHED TODAY AS WELL. IS WHAT IT LOOKS LIKE.

>> THAT LOOKS GREAT. >> WE'RE SUPEREXCITED ABOUT THE MURAL.

STILL SUPEREXCITING. AND THE OYSTER MATS THE MAYOR SAID I'M HAPPY TO ABOUT TO TELL YOU THIS. THOSE ARE SLATED TO BE INSTALLED BY FLORIDA TECH IN ONE OR TWO MANATEE CENTER STAFF IN APRIL. THAT'S HAPPENING.

FINALLY. HOW WE'RE SUPEREXCITED. THIS WILL HELP US FILTER THE WATER IN MORRIS CREEK. THAT IS MY UPDATE FOR YOU SO FAR.

I'M HAPPY TO TAKE ANY QUESTIONS IF YOU ANY. >> NONE FOR THE BOARD.

>> I WANT TO THANK YOU. IT'S WONDERFUL. I THINK YOU ALL DID A GREAT

JOB CONSIDERING THE YEAR WE'VE HAD. >> THANK YOU.

>> I'M REALLY HAPPY ABOUT IT. >> SHE'S SPEAKING FOR ALL OF US ON THE BOARD.

>> EVEN THE ONE WHO IS ABSENT. >> SO YOU PROBABLY KNOW ABOUT THIS.

AND A LOT OF PEOPLE HERE KNOW ABOUT THIS. BUT THE INLET CELEBRATES ITS 100TH ANNIVERSARY IN MAY. I KNOW THAT PEOPLE ARE GOING TO BE REACHING OUT TO THE MANATEE CENTER TO BE INVOLVED IN THE CELEBRATION. THERE WILL BE LOT OF DIFFERENT

[00:15:01]

THIS IS OFFICIALLY INVITING YOU TO -- BECAUSE YOU HAVE SO MUCH ENTHUSIASM AND DONE SUCH

A GOOD JOB AND YOU OUGHT TO BE INVOLVED IN THAT. >> THANK YOU.

>> WE ARE PLANNING AT MINIMUM TO BE THE VOLUNTEER RUNNERS OF THE BEER BOOTHS AT THE FRIDAY

FEST. THAT WILL HAPPEN. >> IT'S A FUN JOB.

>> THAT WOULD BE FRIDAY -- >> IN MAY. >> SO IT DOESN'T COUNT.

>> IT DOES COUNT. >> IT'S STARTING WITH THE FRIDAY FEST.

IT ABSOLUTELY DOES COUNT. THE NEXT DAY WILL BE A BLESSING OF THE FLEET AND THE

BOAT PARADE IN THE INLET AND BIG CELEBRATION. >> EXCELLENT.

>> OUR HOPE IS TO BE OPEN BY THEN. THAT'S WHAT OUR HOPE --

>> I HOPE SO TOO. >> THAT'S WHAT WE ARE WORKING ON, ON THE BACK END.

>> YOU'VE DONE A GREAT JOB DURING A DIFFICULT TIME. >> THANK YOU.

>> SINCE NO ONE WILL ASK. I WILL SAY ANYWAY, THERE'S A LOT OF STUFF IN THE NEWS ABOUT THE MANATEE MORTALITY PHENOMENON RIGHT NOW. AND WE ARE PAYING CLOSE ATTENTION TO THAT AS WELL. WE ARE FOCUSING MOST OF OUR ENERGY ON THE CENTER AND TRYING TO STAY ACTIVE WITHIN OUR COMMUNITY. BUT OUR HOPE IS THAT BY WORKING ON MORRIS CREEK. BRINGING THE OYSTERS INTO THE CREEK AND POSSIBLY REEVENING OUT TO DIFFERENT PARTNER FOR SEAGRASS RESTORATION IN THE FUTURE.

THAT'S OUR HOPE FOR HELPING TO SORT OF CURB WHAT'S GOING ON WITH THE MANATEES.

WE ARE FOCUSED ON THE COMMUNITY STUFF. WE'VE GOTTEN A COUPLE OF

QUESTIONS. >> I FORWARDED AN E-MAIL TO YOU.

THAT'S OUR ANSWER IF THAT COMES UP. >> I HAD A SIDE VISION.

THE MAYOR BROUGHT UP SOMETHING. YOU HAD A YEAR TO PLAN IT.

I THINK IT'S TIME TO LOOK AT HAVING SOME TYPE OF MAJOR CELEBRATION UNDER THE NAME OF HENRY D. KING AND GET THE VOLUNTEERS INVOLVED. HAVE EDUCATION FOR CONTEST FOR THE YOUTH. JUST A GAMUT OF THINGS OR ONE-DAY OR TWO-DAY EVENT.

>> SURE. >> I DON'T KNOW HOW LONG HE'S BEEN EXPIRED.

IT'S ABOUT TIME THAT WE CAN RECOGNIZE HIM FURTHER. >> HOW OLD THE MANATEE CENTER?

>> 25 YEARS. >> THIS YEAR? >> UH-HUH.

>> 25 YEARS OLD. >> YOU CAN HAVE A COMBINATION OF ANNIVERSARIES FOR THAT AND

ALSO RECOGNITION OF MR. KING. >> SOMETHING ELSE FOR YOU TO DO BEFORE THEN.

>> WE'RE READY. >> OKAY. THAT HAPPENS IN OCTOBER.

>> WE'RE ALSO LOOK 50TH ANNIVERSARY FOR FPLA. >> MAYBE WE CAN BLEND ALL THAT

TOGETHER. >> YEAH WOULD BE GREAT. I LIKE 2022.

[LAUGHTER] WHEN THEY TAKE THE LOCKS OFF THE COMMUNITY THE CITIZENS

WILL BE READY TO GO. >> THANK YOU ON BEHALF OF THE BOARD.

>> THANK YOU VERY MUCH. THE NEXT ITEM REQUEST APPROVAL FOR INCREASE TO THE PURCHASE

[G.2. Increase the Purchased Gas Adjustment (PGA) $0.09 per ccf from -$0.19 per ccf to -$0.10 per ccf, effective April 1, 2021.]

THANK YOU MR. TOMPECK, CHAIRMAN, MEMBERS OF THE BOARD.

I WORRY BEFORE YOU THE NATURAL GAS STABILIZATION FUND UPDATE FOR MAR CH 2021.

THERE'S JANUARY ACTUAL AND PRELI PRELIMINARY DATA.

AFTER THE GAS PRICES ON THE RISE SINCE AUGUST OF 2020. AND THE PRICE OF NATURAL GAS OVER THE LAST FEW MONTHS AVERAGED ABOUT $2.77. ON FEBRUARY 19TH, UNDER GROUND STORAGE SAW THE SECOND LARGEST NATURAL GAS WITHDRAWAL IN TIFK AT 338 BILLION CUBIC FEET.

AND NOW NATURAL GAS UNDERGROUND INVENTORY SIT 1,943 BILLION CUBIC FEET WHICH

[00:20:01]

YOU CAN SEE THE CURB DIP THERE ON THE BLUE LINE. OUR SWING GAS THE GAS THAT'S NOT PREPURCHASED FOR MONTH INCREASED BY APPROXIMATELY 61% DURING THIS COLD WEATHERENT THAT HAPPENED IN FIB. EXTREME COLD WEATHER LED TO HIGH NATURAL GAS DEMAND IN PART OF THE COUNTRY. DISRUPTION IN OIL AND GAS PRODUCTION AND RECORD HIGH NATURAL GAS PRICES. DURING THE COLD WEATHER EVENT FLORIDA PRICES REACHED AS HIGH AS $35 ON A DAILY MARKET. AND ONE MROEKS IN OKLAHOMA PEOPLED AT THOUSAND DECK THUNDERSTORM ON THE LAY LIGHT MARK. DO YOU SEE ON THE GRASS THE BLACK LINE INDICATES THE COST OF COST FGU PURCHASED FOR US ON THE DAILY MARKET.

THE ORANGE REPRESENTS THE QUANTITY OF GAS THEY HAD TO PURCHASE FOR US ON THE DAILY MARKET. AND THE BLUE REPRESENTS THE GAS THAT WITH HAD UNCONTRACT IT WAS NOT EFFECT THEED BY THE LATELY PRICE STRIKES DURING SPA COLD SPIKE.

AS YOU CAN SEE BY THE GRAPH SOME OF THE DAYS DURING THE COLD WEATHER EVENT THE PRICE OF GAS ON DAILY MARKET WAS ABOVE $5DECA-THUNDERSTORM AND PEEKED AS $23 A DECATHERM.

>> THE ACTUAL COST INCREASE WAS MITIGATED BY AVOIDING PENALTIES.

THERE WERE SEVERAL ALERT DAYS DURING THIS TIME. DURING THIS COLD WEATHER EVENT WHERE FEW DIDN'T HAVE GAS SCHEDULED FOR THE DAY AND YOU USED IT.

THE PRICE OF GAS WE COULD HAVE BEEN PENALIZED FOR AS MUCH AS 88 DOLLARS A DECATHERM.

FPLU SCHEDULED MORE THAN WE NEEDED SOMETIMES. WE DNTHD HAVE IT WE WOULD HAVE BEEN MEANALIZED A LOT MORE. IT'S ALSO MILT GAILTED BY THE PLEA PAID PURCHASING OF OUR BLUE OF CONTRACT GRASS WE HAVE UNDER CONTRACT FOR A LOT LESS MONEY EFFECTED DURING THOSE SPIKES OR PEEK PRICING. THE FEBRUARY CURVE REFLECTS THE DECREASE IN THE PGA WHICH WAS APPROVED BY THE BOARD ON JANUARY 21ST. 2020.

THIS WAS 15 MONTHS AGO SO WE HAVEN'T LUCKILY WE HAVEN'T HAD TO ADJUST THE PGA FOR OVER A YEAR NOW. AT THAT TIME WE WENT FROM NEGATIVE 15 CENTS CCF, TO NEGATIVE 19 CENTS A CCF. THE COLDER THAN NORMAL TEMPERATURE ACROSS THE COUNTRY. THE PRICE OF GAS HAS WENT UP MORE THAN 70 CENTS.

AS YOU SEE BY THE JANUARY CURVE IN RED. WE EXPECT TO ASK FOR INCREASE IN AUGUST OR SO BUT WITH THE COLD WEATHER EVENT, AND NOW THE RSF NOW BELOW THE OPERATING RANGE AND PROJECTINGS TO DECREASE THROUGH 2020 AS YOU CAN SEE HERE. BASED ON THE CURRENT STATUS OF THE RSF, STAFF RECOMMENDS AN INCREASE TO PURCHASE GAS ADJUSTMENT OF NINE. ALSO PROVIDED YOU WITH ANOTHER OPTION WHICH WOULD BE INCREASE OF THE PGA TO 14 CENTS TO BRING IT TO NEGATIVE FIVE CENTS A CCF AND THEN BRINGING IT BACK DOWN IN AND AROUND SEPTEMBER "TIME"'S OO 1 -- TO 16 CENTS. CUSTOMER USE WILL SEE 99 CENT INCREASE.

THE FIRST COLUMN IS THERE BILL. NOW THE NEGATIVE 19.

THE NEXT ONE IS THE ASK FOR OPTION ONE DOWN TO NEGATIVE TEN CENTS.

THIS IS OPTION TWO, THEY OPTION WOULD GIVE THEM INCREASE OF $.54.

THE FOURTH COLUMN IS SHOWING YOU WHAT NO PGA AT ALL. THAT WOULD BE THE AVERAGE CUSTOMER BILL. IF YOU HAVE ANY QUESTIONS, I WOULD LIKE TO ANSWER THEM AT

[00:25:03]

THIS TIME? >> ANY BOARD MEMBER HAVE ANY QUESTIONS?

>> COUPLE OF REALLY INTERESTING THINGS ASSOCIATED WITH WHAT HAPPENED WITH GAS.

SOME OF THE THEM HAVE TO DO WITH FMPA. FMPA WAS ABLE TO JUGGLE THEIR RESOURCE MIX. THEY RANSOM OF THE UNITS ON OIL WHERE THEY COULD STOCK ISLAND AND THE KEYS. ONE IN KISSIMMEE. THE TWO ARE WARNING.

THEY WERE ABLE TO USE LESS GAS AND WE WERE ABLE TO SELL THE GAS AND WHY THAT'S IMPORTANT BECAUSE THEIR AVERAGE PRICE FOR GAS IN FEBRUARY WAS LESS THAN $2.

AND WHY THAT'S IMPORTANT, OF COURSE, IT WILL KEEP OUR RATES WE EXPECTED IT TO BE THAT REALLY A GOOD THING. I THINK THE OTHER CRAIG TALKED ABILITY HOW MUCH THEY TOOK OUT OF STORAGE. THAT'S ALMOST UNBELIEVABLE NUMBER.

NORMAL WINTER YOU MIGHT SEE YOU KNOW PARTICULARLY COLD TIME MIGHT BE 130 OR 150 COMING OUT OF STORAGE. 350 IS -- AS HE SAID ONE OF THE LARGEST WITHDRAWALS EVER.

THAT REALLY CAUSE A LOT OF PROBLEM WITH THE PIPELINE AND THE WEATHER.

ALL AND ALL I THINK WE MADE OUT PRETTY WELL HERE. OF COURSE THE WHOLE IDEA OF RATE STABILIZATION PLAN IS EXACTLY WHAT IT'S DOING HERE. WHAT WE'RE ESSENTIALLY DOING BY RAISING THE PGA WE'RE STARTING TO REBUILD FROM WHAT HAPPENED HERE.

ANY QUESTIONS? >> I RECOMMEND APPROVAL OF OPTION ONE.

. >> I WILL SECOND. >> A MOTION TO APPROVE OPTION ONE HAS BEEN MOVED AND SECONDED. ANY QUESTIONS?

>> MADAM SECRETARY, CALL THE ROLL, PLEASE.

>> THANK YOU. >> THE NEXT ITEM REQUEST APPROVAL FOR THE PURCHASE OF A

[G.3. POA 21-40: Approve the purchase of a 55 Foot Material Handler Truck with Articulating Aerial Device in the amount of $289,895 from Altec Industries, Inc., of Birmingham, Alabama, under Sourcewell-NJPA Contract No. 012418-ALT.]

THANK YOU MR. TOCK TOMPECK AND MEMBERS OF THE BOARD. AND MR. CHAIRMAN.

I'M FORT PIERCE UTILITY LINEMEN. I'M HERE TONIGHT TO ASK FOR YOUR APPROVAL TO PURCHASE A 55 MATERIAL HANDLER BUCKET TRUCK IN ALTEC INDUSTRIES IN THE ABOUT OF 289,8 9D 5 UNDER THE GSA CONTRACT. THIS TRUCK WILL REPLACE 2010 MATERIAL HANDLER BUCKET TRUCK. WITH 64,000 MILES AND 10,000 WORKING HOURS.

THE VEHICLES REPLACEMENT IS PART OF OUR FY-20 AND 21 BUDGET.

THANK YOU. AT THIS TIME I WILL BE HAPPY TO ANSWER QUESTIONS YOU MAY

HAVE. >> WHAT HAPPENS TO THE OLD TRUCK.

>> THEY ALL GO OFF TO ACTION, I BELIEVE. >> AUCTION?

>> THAT WAS MY QUESTION. SHE'S THINKING GOOD. >> WE ONLY GET 64,000 MILE ON

THE TRUCK. >> THEY GET A LOT OF MAN HOURS.

IT'S THE 10 HOURS IT'S A LITTLE BIT DIFFERENT THAN A CAR; RIGHT?

>> DO YOU COUNT HOW MANY BUCKET TRUCKS WE HAVE? >> I WANT TO SAY THERE'S EIGHT LARGE BUCKET TRUCKS. I NEED TO MAKE SURE TO GET A COUNT ON THAT.

AND WE HAVE TWO SMALLER ONES. >> OKAY. >> THIS COMES WITH EVERYTHING ON IT. YOU DON'T HAVE TO DO ANY ADDITIONS TO IT AFTER IT

ARRIVES? >> I'M SORRY. >> DOES IT COME WITH

EVERYTHING. >> YES. IT COMES WITH PRETTY MUCH EVERYTHING. WE THINK THE COUNT MAY BE OFF. I THINK THAT WAS SMALLER

P AMOUNT. >> WHAT'S THE PLEASURE OF THE BOARD?

>> I MOVE APPROVAL. >> I WILL SECOND. >> IT'S BEEN MOVED AND PROPERLY SECONDED. WE APPROVE OF THE PURCHASE. ANY QUESTIONS?

>> MADAM SECRETARY, PLEASE CALL THE ROLL.

THANK YOU. >> THANK YOU, SIR. >> MR. TOMPECK.

THE NEXT ITEM REQUESTING APPROVAL FOR THE PURCHASE OF PVC CONDUIT AND FITTING FROM

[G.4. Bid No. ITB21-26: Approve the award of bid to multiple vendors for the purchase of PVC Conduit and Fittings in an amount not to exceed $225,000 annually, to 1) Electric Supply of Tampa, Inc. dba Electric Supply, of Tampa, FL, in an amount not to exceed $175,000 annually and 2) Wesco Distribution, Inc., of Pittsburgh, PA in an amount not to exceed $50,000 annually. The initial period of the contract shall be from March 17, 2021 through March 16, 2022 with four one-year renewal options.]

GOOD AFTERNOON. MADAM MAYOR AND MR. CHAIRMAN. I COME TO YOU TODAY ABOUT BID

[00:30:02]

ADVERTISED ON FEBRUARY 4TH AND 11 WITH THE BID OPENING AT 10:00 A.M. ON FEBRUARY 17TH, 2021. THE BID WAS SENT TO 96 VENDORS, 12 VENDORS REQUESTED SPECIFICATION WITH TWO VENDOR RESPONDING AND TWO BID RESULTING IN 17% RESPONSE RATE. THE INITIAL PERIOD OF THE CONTRACT SHALL BE FOR MAR 17TH THROUGH MARCH 16 LITTLE 2022. BOTH WILL HAVE RENEWAL OPTION. FPLA WAS PURCHASING USING THE FMPA JOINT PURCHASING POWER ASSOCIATION JOINT PURCHASING FROM WHAT I SEE THE LACK OR PARTICIPATION BY FMPA MEMBERS LED FPLA TO SEEK BUSINESS ITSELF RATHER THAN THROUGH THE FMPA CO-OP. THE INITIAL PURCHASE WILL BE FOR GENERAL INVENTORY AND PROVIDE MATERIAL FOR 17TH STREET PROJECT OVERHEAD TRANSPOLITICIAN LINE CONVERSION. UNDERGROUND REPLACEMENTS. THEY WILL BE USED FOR GENERAL

INVENTORY AT THE WAREHOUSE. IS THERE ANY QUESTIONS? >> HOW DID YOU SELECT THESE

SPECIFIC VENDORS? >> HOW DID YOU PICK THE VENDORS?

JUST A PRICE DRIVEN THING. >> IT'S A PRICE DRIVEN THING. FROM MY UNDERSTANDING THIS IS

TOUGH STUFF TO GET RIGHT NOW. >> THAT'S WHY I'M ASKING. IF IT'S EASY -- IF IT'S

CHEAPER DOESN'T NECESSARILY WE GET IT WHEN WE NEED IT. >> NOT UNTIL IT'S IN YOUR

HANDS DOES IT MATTER WHAT IT COST; RIGHT? >> RIGHT.

>> ANY OTHER QUESTIONS? >> WHAT'S THE PLEASURE OF THE BOARD.

>> MOVE APPROVAL. >> SECOND. >> IT'S BEEN MOTIONED AND SECONDED THAT WE APPROVE THE ITEM. ANY QUESTIONS?

>> CALL THE ROLL, MADAM SECRETARY.

THANK YOU. HAVE A NICE DAY. >> THE NEXT ITEM REQUEST

[G.5. POA 19-11A: Approve Amendments to the following FPUA contracts with ABB Enterprise Software Inc., of Cary, North Carolina, to reduce the Transformer impedance from 8% to 7.5%: 1) Substation Transformer Replacements - Equipment and Parts, increasing not to exceed amount by $35,661 from $2,635,976 to $2,671,637, and 2) Substation Transformer Replacements - Services, increasing the not to exceed amount by $26,009 from $322,132 to $348,141 for engineering services.]

ON NOVEMBER 5TH, 2019 THE BOARD APPROVED CONTRACT WITH ABB SUPPLY FPLA WITH SIX POWER TRANSFORMER OVER A SIX-YEAR 9PERIOD. THE TRANSFORMERS WILL PROVIDE TECHNICAL SPECSES TO BE MET DURING PROPOSAL REQUEST. UPON THE FIRST SUBSTATION TRANSFORMER INSTALLATION WE DID BACK IN DECEMBER, 2020, IT WAS NOTICED THAT SYSTEM LOSS WERE CONSIDERED MORE PREVALENT WHEN PLACED INTO EMERGENCY ROAD.

STAFF RECOMMEND IDENTIFYING THE CONTRACT TO REDUCE THE IMPEDANCE FPLA TO REMAIN EMERGENCY CONDITIONS IF NEEDED WHILE ENDURING SMALLER SYSTEM LOSSES.

THE ESTIMATED 6,-8,000 ANNUALLY FOR TECHNICAL MODIFICATION AS PROPOSED BY ABB. STAFF CONCLUDES THIS PRICE INDEX TO BE ABOUTED LOSS.

I WILL BE HAPPY TO ANSWER ANY QUESTIONS. >> ANY CONCERNS M

>> WHAT DOES IMPEDANCE MEAN? IS SOMETHING GETTING IN THE WAY?

>> IT'S TECHNICAL THING FOR THE EFFICIENCY OF THE TRANSFORMER.

TECHNICALLY ZERO MEANS MAXIMUM TRANSFER. DUE TO THE WAY THE MECHANICALLY BUILD IT, AROUND 8%, 7% IS USUALLY TYPICAL FOR UNIT.

BASED ON COST AND CATEGORIES OF BENEFIT ANALSITION AND THAT TIME OR.

YES. YES. >> IT WILL MAKE THE SYSTEM MORE EFFICIENT AND THE WAY THAT WE HAVE OUR SYSTEM CURRENTLY, IT WILL REDUCE THE SYSTEM LOSSES THAT WE HAVE. AND MAKE IT MORE EFFICIENT. I GUESS IN PLAIN TERMS.

>> I MOVE APPROVAL. >> I SECOND. IT'S BEEN MOVED AND SECONDED THAT WE HAVE APPROVAL OF THE ITEM REQUESTED. ANY QUESTIONS?

[00:35:01]

>> CALL THE ROLL, MADAM SECRETARY. >>

[Items 6 & 7]

>> THE NEXT TWO ITEMS WILL BE HANDLED BY BARBARA MICA. THE FIRST ONE SEPTEMBER 2020 QUARTERLY FINANCIAL OPERATING RESULT AND THE SECOND ONE THE APPROVAL OF THE 2020 COMPREHENSIVE ANNUAL FINANCIAL REPORT. THANK YOU MR. TOMPECK.

GOOD AFTERNOON CHAIRMAN MATTHEWS AND BOARD MEMBERS. I HAVE A PRESENTATION FOR YOU TODAY ON THE FINANCIAL OPERATING RESULTS FOR THE FISCAL YEAR ENDING SEPTEMBER 30TH, 2020. THIS PRESENTATION WILL COVER SOME OF THE SAME INFORMATION FOR THE SEPTEMBER QUARTERLY RESULTS AS WELL AS IT IS PRESENTED ON YEAR TO DAY BASIS IN COMPREHENSIVE FINANCIAL REPORT. SOME OF THE YEARLY CHANGES THAT WE EXPERIENCED IN FISCAL YEAR '20 OVER THE PREVIOUS YEAR WERE OUR YEAR TO DATE OPERATING INCOME WHICH IS OPERATING REVENUE OPERATING EXPENSES HIGHER IN FISCAL YEAR 20 BY 3.1 MILLION. OPERATING REVENUE WERE BASICALLY FLAT FROM 2019, THE SAVING OCCURRED THROUGH LOWER EXPENSES THROUGH THE FISCAL YEAR.

I WILL SHOW YOU MORE DETAILS IN THE NEXT FEW SLIDES. OPERATING EXPENSES AT TOTAL OF 91,259,000. BROUGHT SAVING OF 3.2 MILLION OVER THE PRIOR YEAR.

OUR CAPITAL CONTRIBUTIONS FOR FISCAL YEAR 2020 ALSO ADDED TO THE TOTAL INCREASE IN OUR NET POSITION WITH AN INCREASE OVER LAST FISCAL YEAR OF SLIGHTLY OVER 1 MILLION DOLLARS.

CLOSING OUT THE YEAR WITH THIS LOOK AT THE YEAR OVER YEAR CHANGES, AND OUR FINANCIAL FINANCIAL WE HAVE ADDED 4,949,000 TO OUR NET POSITION. THIS SLIDE DEMONSTRATES GRAPHICALLY HOW VERY CLOSE OPERATING REVENUES WERE IN FISCAL YEAR 20-2019.

BOARD OF OPERATING REVENUE WERE UP 7.6% WHILE GAS WASTEWATER AND ELECTRIC WERE OFF BY 9.7%. 2.3 AND.9% RESPECTIVELY. THE REVENUES FOR GAS AND ELECTRIC ON A QUARTERLY BASIS ARE TYPICALLY PRESENTED NET OF THE COST OF POWER THE PURCHASE POWER AND GAS. THOSE COST ARE NOT REFLECTED IN THIS GRAPH.

OPERATING EXPENSES WITH AN OVERALL DECREASE IN EXPENSE FROM LAST YEAR OF 3,236,000 IN TOTAL WAS COMPRISED OF LOWER PURCHASES FOR RESALE FROM ELECTRIC OF A 1,443,000 AND GAS WHICH EXPERIENCED 423,000. COMBINED SAVING OF 1.8 MILLION.

WHILE PLANT AND FIELD OPERATING EXPENSES WERE UP THEY COMBINED 4.3%.

MAINLY AS A RESULT OF MAINTENANCE SERVICE CONTRACTS, OPERATING SUPPLIES AND SALARIES THAT WERE HIGHER OVER THE PREVIOUS YEAR. THERE WERE OTHER COST SAVINGS OVER FISCAL YEAR 19 THAT CAME IN AS OFF SET TO THOSE DOWNSIDES.

RETIREMENT EXPENSE WAS DOWN 1.2 MILLION. THE REASON FOR THE LOWER EXPENSE WAS A DECEASE IN EMPLOYER CONTRIBUTION PERCENTAGE FROM 19 TO 20.

AND THE END OF OUR FISCAL YEAR PENSION LIABILITY ADJUSTMENT REDUCTION OF 936,000.

AFLA PROPORTIONATE SHARE LIABILITY DECREASE BY 21/2 PERCENT.

2.57% FROM 19 TO '20 AS WELL. THE YEAR END ADJUSTMENT TO CLAIMS HEALTH CLAIMS LIABILITY HAVE A POSITIVE IMPACT ON EXPENSE WITH AN ADJUSTMENT TO EXPENSE OF 772,000.

WE ATTRIBUTE THE SAVING TO THE COVID PANDEMIC AND THE HESITATION OF PARTICIPANTS TO GO TO THE DOCTOR'S OFFICE AND THUS UNDERUTILIZING THE HEALTHCARE BENEFITS.

AND LAST WE HAVE DEPRECIATION EXPENSE WHICH WAS DOWN FROM THE PREVIOUS YEAR OF ABOUT

[00:40:05]

WE HAD SOME PRETTY LARGE DEVELOPERS ONE OF THEM CAMPING WORLD GANDER OUTDOOR WAS BUILD. MORNING SIDE DEVELOPMENT WHICH BROUGHT IN OVER $500,000.

AND EDWARDS LANDING ANOTHER BIG DEVELOPER. ALL COMBINED WE HAD A BIG INCREASE IN NONCASH CONTRIBUTIONS. IN TERMS OF THE SECOND HALF OF FISCAL YEAR 2020, I THOUGHT I MIGHT OUTLINE FOR YOU SOME OF THE FINANCIAL IMPACTING THAT COVID 19 HADDEN FPLA DURING THE FISCAL YEAR. AS YOU SAW IN THE PREVIOUS SLIDE CONSUMPTION BASED REVENUES RELATIVELY FLAT. WHILE WE WERE NOT NEGATIVE IMPACT BY THE FACT THAT THE REVENUES DID R DID NOT DECREASE.

REVENUE DID FALL SHORT OF BUDGET WHICH WE COULD CORRELATE TO SLOW DOWN IN REGARD TO LIMITATIONS ON RESTAURANTS AND THE FULL CAPACITY FOR THEM TO SERVE COMING DOWN TO THE QUARANTINE RESTRICTIONS, WHILE IT WASN'T -- REVENUES DIDN'T GO DOWN COME FIRED BUDGET, THEY WERE OFF. AND AS YOU ALSO WELL KNOW FPLA LIFTED UTILITY SERVICE CUT OFF TO CUSTOMERS FOR SIX MONTHS IN THE LAST FISCAL YEAR.

WITH THAT CAME THE LOSS OF SOME OTHER OPERATING REVENUES THAT ARE RELATED TO THE PENALTY CHARGES AND LATE FEES AND REACTIVATING CHARGES. THEY WERE 423,000 LESS IN FISCAL YEAR 20 THAN THE PREVIOUS YEAR. FT. PIERCE UTILITIES PUT UP $100,000 OF CONSERVATION FUNDS. AND $50,000 OF THE WEIGH OUT FUNDS THAT WERE NOT OTHERWISE BEING USED BECAUSE OF THE COVID.

AND WE ALLOWED TWO OUTSIDE AGENCIES TO DISTRIBUTE THOSE FUNDS THROUGH VOUCHERS TO OUR CUSTOMERS TO USE TO OFF SET THEIR OUTAND THING BALANCES. AND FISCAL YEAR WE ALSO RECORDED RELATIVE TO CUSTOMERS AND CUSTOMER ACCOUNTS 224,000 OF UTILITY EXPENSE.

DUE TO AGED ACCOUNTS THAT WE MAY OR MAY NOT BE ABLE TO COLLECT.

HOWEVER SINKS OCTOBER 1ST WE'VE SEEN UPSWING DUE TO THE PAYMENT PLAN FOR CUSTOMERS.

AND CUSTOMER DELINQUENT ACCOUNTS ARE BECOMING MORE CURRENT.

COLLECTIONS HAVE IMPROVED SINCE THE BEGINNING OF THE FISCAL YEAR.

FINALLY THERE WERE SOME BREAK-EVEN COST THAT WE COYOU'RED.

WE WERE ABLE TO RECOVER CARES ACT FUND FROM THE COUNTY TO THE TUNE OF 248,000.

WE HAVE -- WE SAW AIR SCRUBS ON THE AC UNITS AND JUST GENERAL SANITIZING DISINFECTING SUPPLIES. AND WE DID SOME ADVERTISING ABOUT THE COVID AND WHERE OUR STANCE WAS WITH REGARD TO LOBBY. AND EMPLOYEE SCREENING THE EMPLOYEES COMING IN. WE HAD GET INVOLVED WITH THAT. THAT'S KIND OF HOW COVID HAS IMPACTED US OVER THE LAST YEAR. THIS SLIDE SHOWS THE DISTRIBUTION TO THE CITY. BASED UPON THE CALCULATION OF THE REVENUES THAT ARE SUBJECT TO THE 6% DISTRIBUTION. THIS YEAR CALCULATES AT 6,342,445.

THIS IS UP 1% OVER THE AMOUNT CALCULATED FOR 2019. WHICH WE PAID TO THE CITY IN MAY OF 2020. ONCE OUR AUDIT FINANCIAL ARE ACCEPTED BY THE CITY COMMISSION WE WILL PAY THIS SUM TO THE CITY. AND THOSE CALCULATES OF THE DISTRIBUTION CAN BE FOUND ON PAGE 50. THIS SLIDE SHOWS THE TREND OF THE CALCULATION OF OUR DEBT SERVICE COVERAGE RATIO. THIS CALCULATION RATIO OF THE ROLLING 12-MONTH AVERAGE OF NET AVAILABLE INCOME TO OUR DEBT SERVICE.

[00:45:02]

ADDITIONALLY, PER RESOLUTION AS SEPTEMBER 30TH FFLA MUST HAVE 45 DAYS OF CASH ON HAND.

WE'RE IN COMPLIANCE WITH THIS RESOLUTION. THE COMPUTATION OF THE TEN-YEAR TREND ON DEBT SERVICE COVERAGE CAN BE FOUND IN YOUR STATISTICAL SECTION ON PAGE 77 AND ALSO DISCUSSED IN THE MVNA. WE'RE ASKING FOR THE BOARD'S APPROVAL OF THE FINANCIAL REPORT FOR THE FISCAL YEAR ENDING SEPTEMBER 30TH, 2020.

IF YOU HAVE QUESTIONS, IT WOULD BE HAPPY TO ADDRESS THEM?

>> ANY BOARD MEMBERS? >> I HAVE -- YOU GAVE US A BREAK DOWN.

YOU SAY RETIREMENT OFF FROM THE PREVIOUS YEAR? >> RETIREMENT EXPENSE WAS LOWER. IN '20 FROM '19. THE EXPENSE WAS LOWER.

>> IS THAT BECAUSE OF THE STOCK MARKET INCREASE? >> IT'S ACTUARIAL VALUATION.

IT'S THE BEST WE CAN DO WHEN IT COMES TO ACTUARY. AS WE DO IN 2021.

THE EMPLOYER CONTRIBUTION HAS GONE DOWN. IN 2019 IT WAS 18.11% THE EMPLOYER HAD TO CONTRIBUTE. IN 2020 IT'S 17.58. IN 2021 LIKE 16-POINT SOMETHING. THE EMPLOYER CONTRIBUTION HAS GONE DOWN THAT'S PART OF THE EXPENSE OF THAT'S IN THE NUMBER WEST ALE. THAT'S NOT A REASON WHY IT'S FALLING. JUST OUR PROPORTION SHAFRT. THAT BREAK UP THE PENSION.

NET PENSION LIABILITY BETWEEN THE CITY AND THE UA AND THE POLICE IS SEPARATE.

THEY BREAK IT UP. OUR PERCENTAGE DECREASED FROM 2019 TO 2020.

OUR PROPORTIONATE SHARE WENT DOWN BY 21/2 PERCENT. 2.75%.

>> THAT'S BECAUSE THE EMPLOYEES ARE GETTING YOUNGER? >> MAYBE.

>> IT'S THE STOCK MARKET INCREASE. >> I WOULD SEE IT ANOTHER WAY.

MAYBE SATISFIED SO WE DON'T DO A HEAVY TURN OVER. >> WELL, THEY USE DIFFERENT -- SOME OF THE ASSUMPTION CHANGED. SOME ASSUMPTIONS ARE THAT CHANGED THINGS IN OUR FAVOR. SOME THINGS CHANGE AGAINST US. WHEN IT ALL FALLS OUT.

THAT'S OUR -- THAT'S THE BOTTOM LINE END OF THE YEAR. >> OTHER QUESTION I HAVE, ARE

WE ELIGIBLE ANYWHERE ALONG THAT THEY APPROVE? >>

>> ANY LAYOFFS OR ANYTHING? >> I DID NOT. WE DIDN'T.

NO ONE SUFFER FINANCIALLY OR THROUGH THE PANDEMIC. >> OKAY.

>> PEOPLE WERE GIVEN TIME THEY WERE ALLOWED TO IF THEY COULDN'T WORK, YOU KNOW, BUT

NOBODY WENT WITHOUT PAY. >> OKAY. ARE YOU TALKING ABOUT 1.9

TRILLION THAT WAS JUST APPROVED? >> YES.

>> I DON'T THINK SO IN THE CITY OF FT. PIERCE SUPPOSEDLY IS GETTING 13 MILLION.

SUPPOSEDLY. >> THAT WAS DISCUSSED AT THE COUNTY COMMISSION MEETING THIS MORNING. AND I THINK THE COUNTY IS GETTING ABOUT 63 MILLION.

AND FT. PIERCE GETTING 13 MILLION. AND SOME OF THAT MONEY CAN BE USED FOR INFRASTRUCTURE PROJECTS SPECIFICALLY WASTEWATER AND BROADBAND SERVICES. WE WILL BE -- OBVIOUSLY NO ONE SORTED OUT THE MESS YET.

WE ARE IN CONTACT WITH THE COUNTY TO SEE IF WE CAN HELP UTILIZE SOME OF THE FUNDS TO

THE BENEFIT OF OUR CUSTOMERS. >> MR. CHAIRMAN, SPEAKING OF THE RETIREMENT SYSTEM, AS USUAL, I WOULD LIKE TO REQUEST THAT WE HAVE REPORT ONCE THERE.

I THINK WE GET THAT REPORT IN MAY; DON'T WE? FOR THE RETIREMENT SYSTEM.

>> THE FINANCE REPORT? FROM THE ACTUARIAL REPORT. >> YEAH.

THE ACTUARIAL REPORT HAS BEEN ISSUED. WE NORMALLY MAKE PRESENTATION

TO THE BOARD AS WELL. >> AT SOME POINT. I DIDN'T THINK IT WAS OUT YET.

[00:50:06]

>> OKAY. WHENEVER. >> BUT YOU SEE US GETTING IT

BACK MAY OR JUNE? >> I WILL HAVE TO GO BACK AND CHECK.

I'M NOT SURE. >> I DON'T REMEMBER THE EXACTLY WHAT MONTH.

OKAY. WHAT'S THE PLEASURE OF THE BOARD FOR APPROVAL?

>> THE RESOLUTION NEEDS TO BE READ. AND THEN VOTED.

>> YOU WANT TO DO THAT? YOU WANT -- >> I THOUGHT YOU WENT RIGHT INTO THE OLD ONE. GO AHEAD AND CONTINUE PLEASE.

[I.1. Adopt Resolution No. UA 2021-02, a resolution amending the budget of Fort Pierce Utilities Authority of the City of Fort Pierce, Florida for the Fiscal Year beginning October 1, 2019 and ending September 30, 2020.]

>> I THINK I LEAD YOU ASTRAY. THAT WAS -- IF YOU WOULD LIKE TO VOTE ON THE FINAL BUDGET

AMENDMENT TOO. >> WHY DON'T WE -- WHY DON'T WE ROLL IT BACK.

AND LET'S PUT FIRST AND SECOND, SECOND. WE HAVE TO LEARN TO COUNT.

>> ARE YOU DONE? >> I AM DONE, IF YOU WANT TO VOTE.

>> NOW WE ARE VOTING. >> I VOTE APPROVAL. >> SECOND.

>> IT'S BEEN MOVED AND SECONDED. ANY QUESTIONS? CALL THE ROLL, MADAM SECRETARY.

>> OKAY. SO WITHOUT FURTHER CONFUSION. I WILL CLOSE THIS MEETING WITH FINAL BUDGET RESOLUTION. THE NEXT ITEM IS THE RESOLUTION AMENDING THE BUDGET FOR FISCAL YEAR 2020 FOR OPERATION OF FT. PIERCE UTILITIES AUTHORITY FROM THE BUDGET AS AMENDED IN JULY OF 2020 TO FINAL ACTUARIALS REVIEWED.

THE FINAL ADJUSTMENT BUDGET ARE FINAL REVENUE OF 107,660,685 WERE LOWER BY 2 MILLION. 107, 716,462 WERE BELOW EXPECTATIONS BY 6,859,447.

THE MAIN DRIVER THAT RESULTED IN AN INCREASE OVER THE EXPECTED CHANGE IN OUR NET POSITION OF 4,944,223 WAS THE LOWER POWER COST THAT WE EXPERIENCED LAST YEAR.

THIS THE ROUTINE ITEM. I WOULD LIKE ASK THE BOARD TO ADOPT RESOLUTION NUMBER 2021-2

THE FINAL BUDGET AMENDMENT FOR FISCAL YEAR 2020. >> I'M GOING TO ASK EACH BOARD

MEMBER IF YOU ARE SATISFIED? DO YOU WANT TO READ IT AGAIN. >> NOPE.

>> OKAY. I MOVE APPROVAL OF THE RESOLUTION.

>> I WILL SECOND. >> NOW, IT'S BEEN MOVED AND PROPERLY SECONDED THAT WE ADOPT THE BUDGET. ANY QUESTIONS? WILL YOU CALL THE ROLL, MADAM

SECRETARY. >>

>> I HAVE A QUESTION BEFORE YOU LEAVE. THIS RESOLUTION WOULD GO FOR

TO THE CITY AND THEN THE CITY MAKE ANOTHER APPROVAL? >> YEAH.

ONCE WE ACT ON IT THEN YOU GET THE DISTRIBUTION. >> WE'LL BRING IT TO THE CITY

COMMISSION FIRST MEETING IN APRIL. >> OKAY.

>> YOU CAN CONTINUE THE AGENDA. >> DO YOU HAVE ANYTHING?

[J. DIRECTOR]

>> JUST TWO REAL QUICK ITEMS. FIRST ONE WE BO HUTCHINSON AND I MET WITH THE COUNTY COMMISSION TO TALK ABOUT THE WRF RELOCATION. I THOUGHT THE PRESENTATION WENT VERY WELL BUT THERE WEREN'T VERY MANY QUESTIONS. WE'RE EXPECTING MORE FEEDBACK WHEN WE HAVE JOINT MEETING IN APRIL. AND YOU WILL BE GETTING NOTIFICATION IN THAT NOT TOO DISTANCE FUTURE. I SENT OUT SOME INFORMATION ON A PRESS RELIEF FROM FP&L ON THEIR RATE PLANS. YOU PROBABLY HAVEN'T HAD A

[00:55:02]

YOU ARE HAPPIER BECAUSE OUR RATE IS GETTING MUCH CLOSER TO FP&L'S RATE.

THEY WILL RAISE THEIR RATES BY ABOUT 10 AND A HALF DOLLARS IN 2022.

AND SUBSEQUENT YEARS WILL BE RAISING THEIR RATES AS WELL. IF WE'RE ABLE TO KEEP OUR RATES WHERE THEY ARE RIGHT NOW, WE WILL BE THERE. AND THAT'S SOMETHING WE'VE

BEEN SHOOTING FOR A NUMBER OF YEARS. >> THAT CALLS FOR CELEBRATION.

>> THAT CALLS FOR CELEBRATION. EXACTLY RIGHT. HOPEFULLY WE CAN -- HOPEFULLY

WE CAN DO THAT. >> THANK YOU. >> THAT'S GREAT NEWS.

GREAT NEWS. >> THANK YOU. ANY BOARD MEMBERS?

>> THERE'S NOTHING ELSE. WE DECLARE THIS MEETING ADJOURNED.

* This transcript was compiled from uncorrected Closed Captioning.