Apr 04, 2023 Fort Pierce Utilities Authority

[00:00:11]

PIERCE UTILITIES AUTHORITY MEETING. DATED APRIL 4, 2023. PLEASE STAND FOR THE OPENING PRAYER AND THE PLEDGE OF ALLEGIANCE.

>> HEAVENLY FATHER BAUER OUR HEADS ESPECIALLY THIS WEEK SUCH A POWERFUL WEEK. WE CELEBRATE THIS WEEK MANY OF US. OUR LORD AND SAVIOR GAVE HIS LIFE FOR US. SO WE MIGHT HAVE ETERNAL LIFE.

FATHER I AM JUST PRAYING TODAY FIRST OF ALL TO GIVE YOU THANKS FOR WHAT YOU HAVE DONE FOR US.

IT'S NOT WHAT WE HAVE DONE FOR YOU IT IS WHAT YOU HAVE DONE FOR US. THE MAYOR, COMMISSIONERS OF THIS AUTHORITY BOARD. LET THEM OPERATE IN GODLY WISDOM. IN SPIRITUAL SO ABLE TO ADDRESS THE IMPORTANT MATTERS IN A WAY THAT WOULD BE PLEASING TO YOU. FATHER WE PRAY FOR YOUR SUCCESS OVER THIS PROJECT THAT THEY ARE UNDERGOING.

AROUND IT AND OVER IT. AND WE THANK YOU FOR THIS SERVICE OF THE COMMISSIONERS GIVEN THEIR TIME TO SUPPORT AN ORGANIZATION WHICH IS VITAL TO THE CITY OF FORT PIERCE. I THANK YOU FOR THIS OPPORTUNITY TO BE HERE TODAY. LIFT

UP YOUR NAME JESUS CHRIST, AMEN. >> AMEN.

>> I PLEDGE OF ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA. TO THE REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDER GOD INDIVISIBLE WITH LIBERTY AND JUSTICE FOR

ALL. >> PLEASE CALL THE ROLL. >> PRESENT.

>> PRESENT.

>> MAYOR HUDSON. >> PRESENT. >> MRS. GIBBONS. >>

PRESENT. >> I WANT TO ANNOUNCE THAT WE HAVE ON THE PHONE AND MR. LANDERS MAY BE ON THE PHONE

[A. SET THE AGENDA]

OR IN PERSON A LITTLE BIT LATE. >> ON THE PHONE. >> WILL NOT BE LATE. >> SOUNDS GOOD. >>

EVERYBODY HAVE A CHANCE TO LOOK AT THE AGENDA? CAN WE ENTERTAIN NOT. >> APPROVAL.

>> SECOND.

>> MRS. BENNETT. >> YES MA'AM. >> YES MA'AM. >> MAYOR HUDSON. >> YES MA'AM. >>

[B. APPROVAL OF MINUTES]

YES MA'AM. >> ANY QUESTIONS ABOUT THE MINUTES ARE ANY

CHANGES? >> MAKE A MOTION. >> SECOND. >> I WILL SECOND. >> PLEASE CALL THE ROLL. >> MRS.

BENNETT. >> MR. FEE. >> YES MA'AM.

>> MAYOR HUDSON. >> YES MA'AM. >> MRS. GIBBONS. >> YES MA'AM. >> ANY COMMENTS FROM THE PUBLIC

[D. CONSENT AGENDA]

ANYBODY NEED ANYTHING TO PULL? >> SECOND.

APPROVAL. >> SECOND. >> MRS. BENNETT.

>> MR. FEE. >> YES. >>

[G.1. Bid No. 23‐51: Approve the award of Bid and Agreement for the Unit Price Contract for Installation of Gas Underground Utilities with Primoris Distribution Services, Inc., of Dallas, Texas, in an amount not to exceed $500,000 annually. The initial term of this Contract will be from May 1, 2023 through April 30, 2024, with four one‐year renewal options, contingent on receiving the required Certificate(s) of Insurance]

MOVING STRAIGHT INTO NEW BUSINESS TO >> THANK YOU GOOD AFTERNOON AND SHARE MEMBERS OF THE BOARD A REQUEST TO APPROVE AN AWARD OF BID FOR THE PRICE CONTRACT FOR THE INSTALLATION.

THE SUPERINTENDENT PRESENT.

>> THANK YOU MADAM CHAIR AND FELLOW BOARD MEMBERS. I BRING BEFORE YOU BID NUMBER 2351 APPROVAL FOR NATURAL GAS. CONTRACT FOR UNIT PRICE CONTRACTOR. WE SENT IT OUT TO THREE DIFFERENT CONTRACTORS PUT IT UP FOR BID ONLY GOT ONE BID BACK.

WITH THE DISTRIBUTION SERVICES INCORPORATED FROM DALLAS TEXAS THAT IS TO OUR CONTRACTOR RIGHT NOW. VERY VERY HAPPY WITH THEM. THE AMOUNT NOT TO EXCEED $500,000 ANNUALLY. THIS

CONTRACT START MAY 1, 2023 THROUGH APRIL 30, 2024. WITH FOUR ONE-YEAR RENEWALS. >> THIS WAS ALSO WITH OUR BOND PROCEEDS, CORRECT? THAT'S WHERE THE MONEY FOR THIS ONE IS

COMING FROM? >> THIS IS JUST OUR CONTRACT FOR OUR. >> INCREASING ANNUAL INCREASE? >>

[00:05:04]

RIGHT NOW I DO NOT EVEN HAVE A $200,000 SCHEDULED FOR THEM TO USE THIS YEAR. >> OKAY. >> WE LIKE TO DO MOST OF OUR WORK IN-HOUSE WITH THEIR OWN GUYS. WHEN WE DO ANY OTHER WELDER WE

HAVE TO USE OUR CONTRACTOR, OR BIGGER PIPES. >> SOUNDS GOOD. >> YOUR SATISFIED WITH THEM?

WHAT'S VERY HAPPY WITH THEM. >> APPROVAL. >> I WILL SECOND. >> PLEASE CALL THE ROLL. >>

[G.2. ITB No. 22‐44: Approve the Award of Bid for the purchase of Pipe and Valves for Indrio Road Gas Main Expansion with General Utility Pipe Supply, Inc. of Trussville, Alabama, in an amount not to exceed $566,860.00.]

MRS. BENNETT. >> YES MA'AM. >> MR. FEE. >> YES MA'AM. >> MAYOR HUDSON. >> YES MA'AM.

>>

MRS. GIBBONS. >> YES MA'AM. >> A QUESTREQUEST TO APPROVE FOR THE GAS MAIN EXPANSION.

ALSO PRESENT THIS ITEM. >> BID NUMBER IS 22 Ã44. THIS IS APPROVAL FOR THE BID FOR ALL THE GAS PIPE AND VALVE THAT WE NEED FOR THE PARK EXTENSION. WE SENT IT OUT TO THREE PEOPLE THAT WE KNOW THAT THE PIPE TO US WE GOT TWO BIDS BACK. ONE BID WAS SIGNIFICANTLY LOWER.

THAT WAS THE PIPE SUPPLY OF ALABAMA. THE AMOUNT WAS $566,860.

CAN ALSO DELIVER THE PIPE TO US WITH IN A MONTH, AND BE ABLE TO STORE IT WITHIN OUR FACILITY.

ROPING TO BE ABLE TO GET STARTED BY WITH THE PARK EXTENSION WE ALREADY HAVE A

CUSTOMER THAT I HAVE TO GET GAS UP THEREFORE BY DECEMBER. >> THAT IS IMPORTANT. >> THAT

HUNDRED 26 NEW CUSTOMERS. >> YEAH.

>> WHEN WE HAD A CHANCE TO LOOK AT THE RV PARK PRETTY IMPRESSIVE SITE THEY HAVE A

LAZY RIVER NICE DEVELOPMENT. >> A LAZY RIVER, A WAVE POOL, TWO RESTAURANTS, A DAY SPA. >>

WOW. >> WHERE IS THAT LOCATED? >> KINGS HIGHWAY. THERE AT THE CORNER BEHIND THE CVS. THE PROPERTY ACTUALLY GOES DOWN AND OVER.

>> I DID NOT KNOW THAT. IT'S IN THE COUNTY THAT'S WHY I DID NOT KNOW. >> YES MA'AM. >>

SOUNDS GOOD TO ME. >> HAVE HOW MANY RV? >> GONNA HAVE OVER 126 BOX RIGHT NOW THERE THEY

SELL THEIR SPOTS. THEY HAVE 75 PERCENT SOLD AT THIS TIME. >> OKAY. >> WE WILL HAVE A FIRE PIT AND NATURAL GAS TIKI TORCHES. AND NATURAL GAS BARBECUE.

>> WHAT IS THE ACTUAL NAME OF THE PARK? >> UMM REAL RESORTS OF SOMETHING OF THAT NATURE.

>> I'M LOOKING THIS UP I DON'T KNOW IF IT CAME ACROSS WHEN I WAS A PART. THEY HAD OF AMY'S WEBTHEY HAVE A NICE WEBSITE WHAT

THEY'RE EXPECTING IT TO LOOK LIKE. >> A NICE CLUBHOUSE. IT WILL BE A OR B DESTINATION

LOCATION. >> IT IS GREAT.

>> YOU SAY YOU LOOKED IT UP ON THE WEBSITE? >> I DON'T KNOW. IT WAS THERE. THE PERSON THAT

IS BUILDING. >> WE COULD SEND YOU A LINK TO THE DEVELOPMENT. THE DEVELOPMENT IS WELL UNDERWAY AS FAR AS LOTS THAT HAVE BEEN SOLD. IT'S A PRETTY EXCITING DEVELOPMENT WE CAN

SEND YOU A VIDEO WITH THE SITE WE WILL SHARE WITH YOU VIA EMAIL. >> GREAT. WHAT DO YOU

NEED A MOTION? >> I THINK WE DO YES MA'AM. >> MAKE A MOTION TO ACCEPT IT. >> SECOND. >>

[G.3. Status Report on Electric Power Cost Adjustment (PCA) for February 2023]

MRS. BENNETT? >> YES MA'AM. >> MR. FEE. >> YES MA'AM. >> MAYOR HUDSON. >> YES

MA'AM. >> MRS. GIBBONS. >> YES MA'AM. >> THANK YOU MADAM CHAIR MEMBERS OF THE BOARD. ADJUSTMENT FOR FEBRUARY 23. DIRECTOR OF FINANCIAL MINISTRATION PRESENT THIS ITEM.

>> THANK YOU.

GOOD AFTERNOON MADAM CHAIR, BOARD MEMBERS. GOOD AFTERNOON.

I HAVE FOR YOU THE UPDATED TABLES AND CHARTS FOR THE FEBRUARY POWER COST ADJUSTMENT, AND 12 MONTH PROJECTIONS.

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THE GOAL IS TO MAINTAIN AND RESERVE TO ALLOW FOR FUTURE FLUCTUATIONS IN THE COST OF PURCHASE POWER. THAT MINIMUM RESERVE IS SET FOR $1 MILLION. DURING THE MONTH OF FEBRUARY THE POWER LEVEL OF $39 PER MEGAWATT HOUR.

IF A COVERED POWER COST OF $760,500.

BROUGHT THE BALANCE FOR THE POWER COST OVER COLLECTION. TWO $597,000.

THE COST OF PURCHASE POWER FROM F MPA FOR FEBRUARY WAS BILLED AND A RATE OF $99.96. 4000 KILOWATT HOURS.

INCREASE OF $2.99 FROM JANUARY.

THIS CHART TRACKS THE CUMULATIVE BALANCE OF THE POWER COST RECOVERY IN RELATION TO THE APPROVED POWER COST ADJUSTMENT. THE POWER COST ADJUSTMENT IS THE BLUE LINE THAT GOES ACROSS THIS CHART HERE. FOR FEBRUARY, AGAIN SET AT $39 FOR 1000 KILOWATT HOURS.

THE BARS ON THIS CHART THE OVER RECOVERY. WITH THE BLUE BARS REPRESENTING THE ACTUAL AMOUNT OF THE COVERAGE OR OVER IN THE ORANGE BAR SHOWING THE PROJECTED LEVEL OF THE RECOVERY WITH

THE CURRENT FORECASTED NUMBERS. >> THIS CHART INCLUDES ALL THE APPROVED ADJUSTMENTS TO THE PCA. THERE WAS A FOUR DOLLAR DECREASE. IN ADDITION WE GOT INCLUDED WITH THE CURRENT RECOMMENDATION OF THE FIVE DOLLAR REDUCTION. F MPA ESTIMATE OF THE COST OF PURCHASE POWER FOR THE UPCOMING 12 MONTHS HAS DECREASED. THE PROJECTION FOR 12 MONTHS BY $672,000.

THE THREE MONTH AVERAGE COST PER 1000 KILOWATT HOURS IS $110 AND CHANGE. THE AVERAGE DOWN AS WE TEND TOWARDS AUGUST TO ABOUT $97. PER THOUSAND KILOWATT HOURS.

THIS IS A PROJECTED COMPARATIVE OF THE GRAPH OF THE COMPARISON WITH THE FEBRUARY PROJECTION OF TWO DIFFERENT PERSPECTIVES. THE RATE STABILIZATION NOTED BY THE BLUE DASH LINE SET TO MAINTAIN BETWEEN MOTT A MILLION AND $5 MILLION. THE RED LINE OUR CURRENT PROPOSAL. REDUCING THE PCA BY FIVE DOLLARS IN MAY. THIS IS A GRADUAL REDUCTION IN FROM INMATE TO $34 PROVIDING FOR A RECOVERY OF THE RATE STABILIZATION BY SEPTEMBER. THE REDUCTION CONTINUES WITH THE RED LINE BY FIVE DOLLARS FOR THE FOUR MONTH THROUGH SEPTEMBER. ANOTHER FOUR DOLLARS IN OCTOBER BRINGING THE PCA IN OCTOBER 2 $10. THOSE ARE THE RED NUMBERS HERE PART PCA FOR THE RED LINE. THE GREEN LINE ALSO REPRESENTS A GRADUAL APPROACH REDUCING THE PCA IN BRINGING OUR LEVELS VIRTUALLY TO THE SAME PLACE ON OCTOBER 1. ALLOWS FOR A $10 REDUCTION PER 1000 KILOWATT HOURS FOR MAY 1 PROJECTED MAY 1 CONTINUES WITH THE GREEN LINE WITH FOUR FIVE DOLLAR DECREASES THROUGH SEPTEMBER WITH PRODUCTIONS BRINGING THE PCA 29 DOLLARS IN SEPTEMBER. BOTH SCENARIOS RECOMMEND SOME CHANGE EFFECTIVE MAY 1. FOLLOWING A SIMILAR PATH, HOWEVER THE RED LINE PRODUCES A GREATER RECOVERY IN THE LONG RUN. SAFEGUARDING OUR CUSTOMERS FROM ANY SUDDEN INCREASES. BY SEPTEMBER 30 THE ADDITIONAL RECOVERY MEANING THE DIFFERENCE BETWEEN THESE TWO RECOVERY LINES IS $1,350,000. BY THE END OF THIS FISCAL YEAR. WE MONITOR THE POWER COST ADJUSTMENT IN THE IMPACT OF THE COSTS FOR EACH FORECAST UPDATE THAT WE RECEIVE. TO MAKE A REPORT TO THE BOARD AND MAKE RECOMMENDATIONS. STAFF IS RECOMMENDING TO REDUCE THE PCA BY FIVE DOLLARS. LOWERING THE PCA FROM $39 TO 34 PER 1000 KILOWATT HOURS PER EFFECTIVE MAY 1. PRESENTING THIS ITEM FOR YOUR CONSIDERATION AND APPROVAL

AS YOU SEE. HAVE ANY QUESTIONS PLEASE LET ME KNOW. >> A COUPLE QUESTIONS I BELIEVE DOCTOR BEN ASKED ME ABOUT THE AGENDA ITEM THE AGENDA ITEM DID SAY FROM 39 TO 35 THAT WAS THE

[00:15:05]

FROM 39 TO 34. DISCUSS THIS WITH MOST OF ALL THE BOARD MEMBERS. THE IDEA HERE IS TO PREPARE FOR THE NEXT SUMMER WE DON'T HAVE AS MUCH GAS LOCKED IN FOR THE FOLLOWING SUMMER.

OVER THE LAST COUPLE OF WEEKS GAS HAS BEEN AT TWO DOLLARS JUST UNDER TWO DOLLARS I BELIEVE IT CLOSED AT $1.97 FOR APRIL. IF YOU LOOK AT THE 25 YEAR CHART THAT'S PRETTY LOW.

WHAT HAPPENS AFTER THAT PRETTY LOW NUMBER A PRETTY HIGH NUMBER. TRYING TO TAKE A PRETTY CONSERVATIVE APPROACH OR TO AVOID WHAT WE WENT THROUGH LAST SUMMER AND TRY TO BE PROACTIVE HERE WITH SO REDUCING THE POWER COST ADJUSTMENT AND PREPARING FOR THE FUTURE.

WHICH WE FEEL PRETTY COMFORTABLE WITH THE PLANS PROPOSED HERE SO FAR. >> I WILL SAY I THINK IT'S NICE THAT WE CAN LOOK AT HER ACTUAL VERSUS WHAT WE WERE BUDGETING FOR. THEY ARE SO CLOSE. IF YOU LOOK AT THE LAST YEAR HOW FAR OFF THEY HAVE BEEN AT LEAST WE HAVE A BETTER SENSE OF MAKING THESE DECISIONS IN A JUDGMENT CALL. GAINING CONFIDENCE IN, MAINLY BECAUSE WE DO HAVE THAT LOCKED IN. SO WE CAN ESTIMATE IT A LOT CLOSER. WITH THAT SAID OBVIOUSLY WE ALL WANT PRICES TO GO DOWN. THIS DECISION RIGHT NOW WOULD BE FOR MAY, AND THEN WE WOULD HAVE ANOTHER LOOK AT THIS NEXT MONTH FOR JUNE,

CORRECT? >> CORRECT. EVERY DECISION WILL BE ON A MONTH-TO-MONTH BASIS PRODUCING A MULTI-MONTH APPROACH. THE DECISION FOR MAY IS STILL DRIVEN BY THE DECISION FOR THE FUTURE THAT WE WOULD STILL COME BACK EVERY MONTH AND BRING IT TO THE BOARD FOR A DISCUSSION AND REVIEW TO SEE HOW TO MOVE FORWARD. THE PLAN RIGHT NOW TO REDUCE IT EVERY MONTH BY INITIAL $10 AND FIVE DOLLAR REDUCTIONS, OR FIVE DOLLAR REDUCTIONS

IN STILL AND ABOUT THE SAME PLACE JUST SLIGHTLY DIFFERENT MONTH. AT THE END. >> ANY

FROM THE OTHER ARP UTILITIES? >> AS OF FEBRUARY WE WERE THE THIRD LOWEST IN THAT CHART FOR THE AARP MEMBERS. WE WERE THIRD FROM THE LEFT. WE WOULD CONTINUE TO BE PRETTY COMPETITIVE IN THAT ARP GROUP BY THIS REDUCTION.

THEY ALL WOULD BE TAKEN A SIMILAR APPROACH, SOME OF THOSE CITIES DID WAIT LONGER TO MAKE THEIR POWER COST ADJUSTMENT, WHERE WE DID IN THE

SUMMER. WE WERE THE FIRST OUT OF THE GATE. >> WE WENT THROUGH THE BAPTISM OF FIRE.

>> YES WE DID. >> LEARNED A LOT. >> DO NOT WANT TO GO THROUGH THAT AGAIN. >> OTHER CITIES MAY BE ON A SLIGHTLY DIFFERENT APPROACH PROBABLY DO LOOK AT THE ARP, EXCUSE ME THE ARP RATE CALL DOCUMENTS AND WE HAVE THE ADVANTAGE HAVING A LITTLE BIT OF NUCLEAR AND OUR GENERATION CREDIT FOR NUCLEAR PREVIOUS SOME OTHER STUFF.

A LITTLE SLIGHTLY DIFFERENT UTILITY WHEN IT COMES TO ELECTRIC AS FAR AS ELECTRIC COST BECAUSE WE HAVE SOME OTHER ITEMS WERE THE ONLY MEMBER CITY IN THE ARP THAT'S INVOLVED IN

EVERY PROJECT. SO, SOME CITIES DON'T HAVE ALL THOSE BENEFITS. >> MADAM CHAIR, ANY SENTENCE THAT WHY THIS PROJECTION IS SO THIS LOWERING? MAYBE WHAT'S HAPPENING WITH THE NATURAL GAS

PRICES? >> WE WALKED IN 75 PERCENT THROUGH MARCH OF NEXT YEAR. THEN 50 PERCENT FOR THE FOLLOWING YEAR AFTER THAT. NATURAL GAS PRICES HAVE BEEN FOR THE PAST COUPLE MONTHS CLOSE TO THREE MONTHS NOW THEY BEEN IN THE 252 TO

DOLLAR RANGE. THE $2.50 TO TWO DOLLAR RANGE. >> AND MILD TO THE WINTER, CONSUMPTION HAS BEEN LOWER, STORAGE HAS BEEN A LITTLE BIT HIGHER EXPORTS HAVE NOT BEEN GOING OUT AS MUCH. THERE'S A LITTLE MORE OF A SURPLUS EVEN THOUGH THE NUMBER OF WELLS ARE STILL ABOUT THE SAME. THERE ARE PROJECTED TO INCREASE THAT SIGNIFICANTLY BY 2026. YOU WILL SEE THE EXPORT CONTINUES TO GO OUT FOR THE EXPORT STATIONS. THEY EITHER GOT TO DRIVE MORE WELLS TO KEEP THE PRICES THE SAME. OR GO UP AT THE EXISTING WELL

[00:20:01]

2019. STILL PRETTY LOW COMPARABLE TO 2019. >> YOU SAID SOMETHING BEFORE ABOUT

OVER THE TIME WHEN YOU GET LOW, THERE IS A PATTERN? >> THE PATTERN IS ABOUT EVERY FOUR OR FIVE YEARS OR SO, A LITTLE LOW AND SPIKE IN ABOUT EVERY 10 YEARS 8 TO 10 YEARS HAVE A BIG

SPIKE WHICH IS WHAT WE WENT THROUGH LAST YEAR. >> THE BIG SPIKE WAS LAST YEAR? ONE OF

THE BIG SPIKES WAS IN 2010. 2010 WAS A $13. >> IT WAS ALMOST $14. >> SO, A PRETTY SIGNIFICANT INCREASE. I THINK LOCKING IN THE PRICES OBVIOUSLY THERE IS RISK WITH NOT GETTING THE LOWEST PRICE THERE IS A HUGE DEGREE OF CERTAINTY WITH BRINGING STABILITY TO WORK CUSTOMERS.

HOPEFULLY THAT ANSWERS YOUR QUESTION. >> IT DOES. >> ANY MORE QUESTIONS? >> MR. FEE, DO

YOU HAVE ANYTHING TO ADD? >> SOUNDS LIKE TO ME LONG-TERM LOOKING AT SUMMER 24 THAT WE WE HAVE MORE TO WORK WITH IN THE EVENT WE GET A SPIKE IN THAT SUMMER. THAT'S MY FEELING IS.

THEIR ACS ARE RUNNING, HAVING THE EXTRA MILLION DOLLARS TO PLAY WITH TO HAVE THE CUSTOMER

SEEMS THE BEST COURSE OF ACTION. >> I AGREE. >> I THINK THIS IS A CAUTIONARY

PATH. >> I THINK NOW THAT WE ARE ON THE INCREASE WITH X AMOUNT OF NUMBERS WERE NOT TRYING TO HAVE BIG SWINGS UP OR DOWN. I THINK WE RAISED IN THE FIRST PLACE SO THAT IT A LITTLE

BIT MORE FLOW. >> EXACTLY. >> WILD SWINGS WHICH REALLY HURTS PEOPLE. CANNOT PLAN FOR THE NEXT MONTH.

>> I LIKE THE GRADUAL DECREASE. WITH FIVE DOLLARS INSTEAD OF $10 DECREASE FIVE, WHO KNOWS WHAT WILL COME IN OCTOBER. WE WERE LOOKING HERE, WERE REACHING THE SUNNY POINT.

EITHER SEPTEMBER OR OCTOBER. WE COULD WAIT ANOTHER MONTH FOR OCTOBER. IT'S STILL THE SAME

AMOUNT. IT'S WHERE YOU TAKE IT? >> IT'S TRUE. I GUESS WE ARE ALL IN MOTION. DO WE NEED

A MOTION FOR THIS ONE? >> I WOULD LIKE TO MAKE A MOTION TO LOWER THE PCA BY FIVE DOLLARS

FOR MAY. >> I SECOND. >> PLEASE CALL THE ROLL. >> MRS. BENNETT. >> YES MA'AM. >> MR.

FEE. >> YES MEMBER >> HUDSON. >> YES MA'AM. >> MRS. GIBBONS. >> YES MA'AM. >> THANK YOU

[G.4. Employment Agreement for Caroline A. Valentin as Board Attorney]

BARBARA. >> THANK YOU. >> LAST ITEM THIS AFTERNOON MADAM CHAIRMAN THE BOARD THE PROPOSED AGREEMENT FOR THE BOARD ATTORNEY. WE WILL BE ABLE TO NEGOTIATE THE TERMS WITH WE BELIEVE THAT IT WILL WORK WELL BOTH FOR HER I'M HAPPY TO ANSWER ANY QUESTIONS ANY LEGAL QUESTIONS. HE HAS REVIEWED THE AGREEMENT I THINK IT'S PRETTY SATISFACTORY FOR OUR GENERAL COUNSEL.

>> MADAM CHAIR A TERM OF FIVE YEARS? >> SHE ACTUALLY DID A PRETTY GOOD JOB OF LOOKING AT HER CONTRACT. SHE USED MY CONTRACT AS A TEMPLATE. SHE MADE IT BETTER AS YOU WOULD EXPECT FROM AN ATTORNEY ESPECIALLY A GOOD ONE. SHE DID MAKE IT A FIVE-YEAR CONTRACT, THEN IT WOULD AUTOMATICALLY RENEW ON A YEAR-BY-YEAR BASIS SO IT DOES NOT NECESSARILY HAVE TO COME TO THE BOARD IF THERE'S A SATISFACTORY YEARLY REVIEW.

>> THERE ARE A COUPLE THINGS I GUESS I COULD NOTE THAT WERE DIFFERENT FROM MINE, THE

[00:25:04]

TO THAT. >> I THINK THAT IS FAIR. >> I AGREE. >> I THINK THERE'S MORE DISCUSSION THAT WE PROBABLY NEED TO HAVE. WE DID NOT HAVE THE AT THE END. WITH THAT CHANGE, I WOULD LIKE TO DISCUSS MAY BE OTHER POTENTIAL PEOPLE THAT COULD BE IMPACTED.

BY NOT HAVING THE COMPENSATION PLAN THAT WE WOULD LIKE TO MAKE SURE. >> THE REASON THAT SHE PROPOSES IS BECAUSE ANYBODY THAT HIRED AFTER OCTOBER 1, 2012, FOLLOWS THE NEW RETIREMENT CHARTER REQUIREMENTS. WHICH SAID THERE IS A MAXIMUM PENSION. ANYBODY HIRED BEFORE THAT WOULD NOT AFFECT THEM BECAUSE THEY WERE HIRED PRIOR TO THE RETIREMENT REFORM. ANYBODY AFTER THAT IT WOULD AFFECT THEM MOST OF THAT WOULD BE DIRECTED TOWARDS LEADERSHIP TEAM BECAUSE ARE TYPICALLY ON THE LEADERSHIP SALARY RANGE. THAT WOULD BE

WHO YOU WOULD HAVE TO ADDRESS. THAT WOULD BE A PROBLEM FOR CITY OF FORT PIERCE. >> FOR

THE RETIREMENT BOARD? >> WE WOULD. >> THE ONE THAT'S GONNA MAKE THE STUDY AND DECIDE WHETHER THAT SOMETHING THEY WANT TO LOOK AT.

>> EITHER I THINK THAT THEY WOULD HAVE TO ACTUALLY CHANGE THE ENTIRE PROCESS FOR THAT, RIGHT? PUTTING SOMEBODY UNDERNEATH THIS DEFERRED COMPENSATION PLAN WOULD NOT GO

TO THE RETIREMENT BOARD I DON'T THINK, RIGHT? THAT WOULD BE FROM US. >> I MEAN FOR FUTURE.

>> ANY CHANGES. >> SOMETHING THEY MAY WANT TO STUDY. >> I THINK THAT WE MAY HAVE SOMEBODY

IN THE DIRECTOR POSITION CURRENTLY THAT THIS WOULD IMPACT. >> ALL THE DIRECTORS EXCEPT FOR MR. WEATHERFORD WAS HIRED PRIOR TO 2012 OCTOBER 1, 2012. IT WOULD ULTIMATELY NOT IMPACT HIM AS PART OF THE DIRECTOR HIRED

AFTER THAT. >> I THINK WE NEED TO HAVE THAT CONVERSATION. THAT'S A CHANGE WE WOULD LIKE

TO ADDRESS NOW. >> ONE OF THE THINGS WE WILL DO IS WE WILL ADDRESS THAT IS WHILE AT THE SAME TIME HAVING THE CONVERSATION WITH THE RETIREMENT BOARD I DID TALK TO A RETIREMENT BOARD REPRESENTATIVE MR. STEPHENS WHOSE AND FAU RETIREMENT BOARD REPRESENTATIVE. WITH THE CITY IT DOES REQUIRE QUITE A BIT OF WORK TO TAKE IT BACK TO THE BOARD TO DO THE ACTUAL STUDY TO TAKE IT TO THE CITY COMMISSION TO A LENGTHY PROCESS HAVE TO KEEP CAREFULLY EVALUATED. THIS DEFERRED COMPENSATION IS A GOOD SOLUTION UNTIL THEY ADDRESS THAT. THEY MAY NEVER ADDRESS THAT. IT MAY NOT BE FEASIBLE FOR THE RETIREMENT PENSION TO BE ABLE TO AFFORD IT. THIS IS A GOOD SOLUTION. POTENTIALLY GOOD SOLUTION FOR SOME OTHERS

IN THE FUTURE. WE WOULD HAVE TO HANDLE ON A CASE-BY-CASE BASIS. >> ANOTHER THING IN HER CONTRACT HERE THAT WE ARE GONNA NEED TO DISCUSS TO THE BOARD IS HER ANNUAL REVIEW. I THINK THOSE ARE SOME THINGS THAT WE NEED TO TIGHTEN UP ON A LITTLE BIT AND COME UP WITH A PROCESS

FOR. AS FAR AS I UNDERSTAND WE ALSO NEED ONE FOR TO THE PROBABLY EACH OTHER. >> I DON'T KNOW, THEY MAY BE A REVIEW HERE CLAUSE THAT GETS REVIEWED. LET'S SEE HERE.

>> SECTION 5A. PERFORMED BY THE BOARD.

THE HALL THAT SON, THAT WOULD BE UP TO YOU.

>> THE PROCESS I PREFER HAS TO BE DONE IN PUBLIC. IT'S A VERY PUBLIC PROCESS. I PREFER

HAVING AN INDIVIDUAL CONVERSATIONS MYSELF. >> I AGREE. >> THEN WE HAVE THE CONVERSATION THAT CAN BE YOU KNOW. JUST HANDLE A LITTLE BIT BETTER. UNLESS THERE'S SOMETHING THAT SOMEBODY THINK SOMEBODY'S NOT GOING TO CHANGE. TO ME HAVING INDIVIDUAL BOARD

[00:30:02]

MEMBERS HANDLED ON AN INDIVIDUAL BASIS IS MUCH MORE PRODUCTIVE. >> I AGREE. >> NEED TO COME UP WITH SOME POTENTIAL BENCHMARKS, OR GOALS FOR THESE CONVERSATIONS. THE RATING FOR THOSE SPECIFIC INGS BE ADDRESSED INDIVIDUALLY. THEN BROUGHT

TOGETHER. >> COME UP WITH A BENCHMARK. >> I AGREE. >> I THINK IT'S REALLY IMPORTANT TO DISTINGUISH BETWEEN THE UTILITY DIRECTOR BENCHMARKS AND THAT BENCHMARKS ARE VERY DIFFERENT.

>> ABSOLUTELY. >> MORE OPERATIONAL WHERE THE ATTORNEY IS MUCH MORE I'M NOT EXACTLY

SURE HOW EVALUATES. >> I WOULD ACTUALLY TAKE A LITTLE BIT OF A DIFFERENT APPROACH. THE JOB OF THE ATTORNEY IS TO SUPPORT THE BOARD. MAKE SURE ALL OF YOUR OBJECTIVES ARE MET IN A LEGAL WAY TO SUPPORT THE LEADERSHIP TEAM OF THE STAFF THAT YOU HAVE IN PLACE. IN MANY WAYS THE GOALS FOR THE ATTORNEY ARE THE GOALS OF THE DIRECTOR, THE GOALS OF THE ORGANIZATION AS A WHOLE. I THINK HERE IN ADDITION YOU HAVE AN OPPORTUNITY, BECAUSE THIS IS YOUR FIRST IN-HOUSE COUNSEL ROLE. DAN AND I HAVE BEEN HELPING TO KEEP THINGS GOING.

BEFORE THAT COLBY HAD A PARTICULAR WAY OF DOING THINGS. I THINK THIS WAS AN OPPORTUNITY FOR THE NEW BOARD ATTORNEY TO TAKE CONTROL OF HOW SHE WANTS THINGS TO BE DONE. I THINK ONE OF THE METRICS THAT YOU COULD EVALUATE HER ON IS HOW EFFECTIVE SHE IS IN SETTING UP THE STRUCTURE OF THE GENERAL COUNSEL'S OFFICE TO COORDINATE, WORK WITH THE BOARD, COORDINATE AND WORK WITH THE STAFF. I THINK THAT WOULD BE A VERY IMPORTANT SORT OF A METRIC TO MEASURE. A LARGE PART THE ATTORNEYS JOB PRIMARILY IS TO KEEP YOU OUT OF TROUBLE, TO MAKE SURE YOU GET TO WHERE YOU WANT TO BE, MAKE SURE YOUR STAFF IS NOT ABLE TO GET TO WHERE YOU DIRECT THEM TO GO. THAT I THINK IS VERY MUCH TIED

TOGETHER. >> YOU CONVINCED ME. I AGREE WITH HIM. ATTORNEYS ARE GOOD I GUESS. >> I THINK THAT'S A REALLY IMPORTANT POINT. THIS IS A FIRST IN-HOUSE EXPERIENCE FOR THIS BOARD. THERE USED TO BE A RELUCTANCE TO HAVE AN IN-HOUSE, WE ALWAYS WANTED AN INDEPENDENT SITUATION. WE ARE ABLE TO HANDLE THAT AT THE CITY. THERE IS AN INDEPENDENCE WITH THE ATTORNEY, WHEN I INTERVIEWED CAROLINE AND MS. BALLANTINE I TOLD HER I SAID THIS IS A REALLY CHANCE FOR YOU TO SAY THIS IS HOW I'M GONNA BE ABLE TO HELP THE BOARD AND HELP THIS

COMPANY MOVE FORWARD. IT'S KIND OF THE CREATIVE PROCESS FOR HER. >> ABSOLUTELY.

>> OUT OF CURIOSITY, DO YOU DO AN ANNUAL REVIEW? >> I DO. MY REVIEW IS DONE BY THE BOARD IN PUBLIC. JAVIER IS ONE OF THE PEOPLE THAT ON MY REVIEW. WE HAVE AN INTERNAL REVIEW PROCESS THE GENERAL MANAGER AND I GAVE A REPORT A WRITTEN REPORT TO THE BOARD EVERY YEAR. IN GOES ABOUT 20 PAGES GOES ABOUT FIVE PAGES. WE HAVE A CONTEXT ON THAT. [LAUGHTER]

>> THERE IS A COMMON OPPORTUNITY FOR ALL THE BOARD MEMBERS TO PROVIDE WRITTEN COMMENTS.

THERE IS A BOARD COMMITTEE THAT MEETS AND TAKES ALL THE COMMENTS, MAKES A RECOMMENDATION TO THE BOARD AS A WHOLE SALARY OR ANY COMPENSATION ADJUSTMENTS BASED

ON THE REVIEW ITSELF HAS A DISCUSSION AND VOTE ON IT AS A PUBLIC MEETING. >> A SMALL

COMMITTEE OF THE BOARD? >> IN THE STRUCTURE THERE'S FOUR OFFICERS COMING INTO EXECUTIVE

OFFICERS, A COMMITTEE OF THE OFFICERS. >> IS THAT A SUNSHINE? >> YES MA'AM. >>

THE WHOLE PROCESS. ALL OF IT COMES FROM THE SUNSHINE LAW. >> INTERESTING.

I GUESS MY ONLY QUESTION THEN IS WHERE DO WE TALK ABOUT THIS AND WHEN?

>> MADAM CHAIR, MIND IF I WEIGH IN? >> PLEASE FEEL FREE. >> ON MY MEMORY.

SEEMS TO ME THE LAST REVIEW THAT WE HAD OF HIM WAS BACK BEFORE TOOK OVER AS DIRECTOR.

SIMILAR DISCUSSION JUST DESCRIBED TO US REPORT WAS GIVEN BY COLBY CIRCULATED TO

[00:35:11]

THEN WE MOVED ON. IT SOUNDS LIKE SOMETHING KINDA SIMILAR WE DONE IN THE PAST. I JUST DON'T RECALL DOING A REVIEW AFTER HE TOOK OVER.

DO YOU RECALL? >> YOU'RE ABSOLUTELY RIGHT I DON'T THINK WE DID ONE UNFORTUNATELY.

WE DID DO MINE IN JANUARY BECAUSE OF THE EMPLOYMENT DATE. NOT IN OCTOBER. >> I DO RECALL

I SEEM LIKE MAYBE IT'S BEEN ABOUT TWO YEARS. SINCE WE HAVE TODAY. >> I THANK YOU'RE ABSOLUTELY RIGHT.

I DO VAGUELY RECALL. I WAS NOT NECESSARILY INVOLVED. I DO RECALL HE WROTE HIS OWN MEMO WITH THE ACCOMPLISHMENTS VERY SIMILAR TO THE MEMO I WROTE WITH THE OBJECTIVES WE COMPLETED THROUGHOUT THE YEAR. VERY SIMILAR

TO WHAT JODI IS TALKING ABOUT. AND JACOB DO FOR FMPA. >> I LIKE THE IDEA.

PERHAPS A MONTH WE DISCUSSED IT OPENLY. THAT WAY EACH BOARD MEMBER CAN HAVE THE TIME TO DISCUSS WHAT THEIR EXPECTATIONS ARE.

>> I AGREE. I THINK THIS SINCE THIS IS A FIRST YEAR FOR HER IN THE FIRST YEAR FOR AN IN-HOUSE ATTORNEY I WOULD LIKE TO HAVE SOME FOR A PROGRESS REPORT, OR SOME SORT OF MORE REPORT FROM HER MAY BE A QUARTERLY OR SOMETHING DOES NOT HAVE TO BE LONG. YOU MAY BE DEALING WITH THE THINGS THAT SHE'S DEALING WITH AND CHALLENGES. OR WHATEVER JUST TO BECOME KIND OF

KNOW HOW THINGS ARE MOVING ALONG WITH THAT DEPARTMENT. >> RIGHT. >> I THINK THAT'S A

GOOD IDEA. >> EXPECTATIONS SHE SAID AND FOR HERSELF NOW. I FEEL THAT WAY ALSO. ABOUT I WOULD LIKE TO COME UP AND KNOW WHAT THE GOALS ARE FOR THE YEAR PRIOR TO THE END OF THE

YEAR. I DON'T THINK THAT WE REALLY STANDARDIZE THAT IN A WAY. >> WE DO IT WITH A

BUDGET. IT FALLS IN WITH THE BUDGET. >>> A COUPLE THINGS I WILL TALK ABOUT THE MANAGEMENT RULES BRIEFLY HERE. AS PART OF HER STRATEGIC PLANNING. THE AGENDA WILL BE DEVELOPING THE MISMANAGEMENT GOALS YOU COULD USE IT TO MEASURE MY PERFORMANCE WE COULD PROBABLY ADD SOME THINGS IN THERE FOR THE BOARD ATTORNEY FOR CAROLINE. THAT MIGHT BE HARD THE FIRST YEAR BUT NOT HARD, BUT SO MUCH DEVELOPMENT HAPPENING IN THE FIRST YEAR PER ONE OF THE THING I DO REMEMBER TALKING TO HER ABOUT WHICH I THINK COULD BE VERY HELPFUL IS MEETING WITH THE BOARD MEMBERS ONE ON ONE IN ADDITION. I TYPICALLY GIVE A CALL THE BOARD MEMBERS. INSTEAD OF CALLING WE CAN HAVE A RECURRING MEETING MEET WITH THE ATTORNEY SO THAT SHE IS FAMILIAR WITH THE PROCESS. IF THERE'S ANYTHING WE COULD IMPROVE ON THE OPERATIONAL SIDE AND NOT THE LEGAL SIDE THAT WE CAN WORK

TOGETHER AND MAKE IT MORE EFFICIENT. >> THAT WOULD BE VERY HELPFUL FOR HER. AND

HELPFUL FOR US. >> RIGHT. >> WE CAN HAVE THAT MEETING AT LEAST ONCE A MONTH BEFORE THE BOARD MEETING. I KNOW YOUR TIME IS LIMITED WE PROBABLY COULD START WITH A MONTH IF WE NEEDED TO DO TO GO TO TWICE A MONTH BEFORE THE BOARD MEETING THAT WOULD HELP DEVELOP THOSE

GOALS YOU'RE TALKING ABOUT. >> I LIKE THAT. >> ANY FEEDBACK? >> THE ONLY THING I WOULD OFFER IS THE GOALSETTING VERY IMPORTANT. EVERY ATTORNEYS GOAL IS TO GET THE CLIENT OR THE CLIENT WANTS TO GO. I HAVE BEEN AND DAN HAS BEEN VERY RESPECTFUL AND CAUTIOUS NOT TO TRY TO CHANE ANY OF THE PROCESSES THAT YOU HAVE WHOEVER YOU DECIDE TO HIRE COULD START WITH SORT OF A BLANK SLATE AND MOVE FORWARD. AS OPPOSED TO CHANGING SOMETHING AND CHANGING ONE THIRD TIME. I THINK IT'S A GREAT OPPORTUNITY FOR HER TO ENGAGE IN A REVIEW EVERYTHING

[00:40:02]

OUTSIDE OF REGULAR MEETINGS I THINK THAT KIND OF INTERACTION IS REALLY CRITICAL SO THAT THE ATTORNEY IS FOCUSED ON WHAT IT IS THAT YOU NEED TO HAVE DONE WHAT IS THE STAFF NEEDS TO HAVE DONE. THAT REGULAR STAFF ATTORNEY INTERACTION IS SO CRITICAL. ALTHOUGH LEADERSHIP TEAM ALL OF THE STAFF MEETINGS. EVEN IF THERE IS NO LEGAL ITEM ON THE AGENDA. I HAVE THE SENSE OF EXACTLY WHERE IT'S GOING SO I CAN PROACTIVELY WORK TO MAKE SURE WHERE EVERYONE

WANTED TO GO. >> I LIKE THAT. >> I WILL SAY IF I HAD TO USE SOME KIND OF BENCHMARK I WOULD DEFINITELY USE THE PERFORMING THE PROCESS WE HAVE RIGHT NOW. I CALLED THEM QUITE A BIT.

TALKED ABOUT A VERY GOOD RELATIONSHIP WITH ALL THE BOARD MEMBERS AND ENGAGES WITH THEM. I EXPECT ALL OR OUR ATTORNEY TO HAVE THAT RELATIONSHIP WITH YOU AND TYPICALLY IT'S PRETTY A MOVING TARGET. IT'S CONSTANT. I DON'T KNOW HOW MANY TIMES I CALLED JODI PRIOR TO THE SPECIAL COUNSEL EVEN NOW THAT HE IS

SPECIAL COUNSEL. >> FOR CLARIFICATION I'M TRYING TO REMEMBER, WHAT WOULD BE THE ROLE OF OUR BOARD ATTORNEY IN TERMS OF ANY KIND OF PERSONAL ISSUES? HOW DOES FMPA HANDLE

THAT? >> WE HANDLE ALL PERSONNEL ISSUES. INTERNALLY, I DO HAVE AN OUTSIDE ATTORNEY ON RETAINER IN THE EVENT THAT THE ONLY TWO REASONS. ONE, GENERAL COUNSEL I KNOW ENOUGH ABOUT TO KNOW WHEN TO ASK FOR HELP. HR ISSUES CHANGE FREQUENTLY WITH CASE STATUETTES AND RULE CHANGES. I WANT SOMEONE THERE TO BALANCE THINGS WERE NOT MAKING AN ERROR. WHEN

YOU GET INTO SOME PERSONAL SITUATIONS, IT'S BETTER TO HAVE SOMEBODY OUTSIDE COME IN. >> SOMEWHERE ALONG THE LINE WE DISCUSSED THAT AND THOUGHT THAT MIGHT BE BETTER TO HAVE SOMEBODY ON THE OUTSIDE YOU COULD CALL ON IF YOU RUN INTO A SITUATION. SHE REPRESENTS THE

BOARD. NOT THE PERSONAL. >> IS REPRESENTING THE STAFF. WHEN THE STAFF IS LOOKING IN

ACCORDING WITH THE BOARD. >> OKAY. >> MAYBE SHE CAN MAKE A RECOMMENDATION. >> >> AND IT

DEPEND ON HER TO KNOW A LOT MORE THAN I KNOW. >> ABSOLUTELY.

I DON'T HAVE ANY OTHER NOTES ON THE ACTUAL CONTRACT HERE. MAYBE WHAT WE NEED TO DO FOR

HER IN FOR THE REST OF HER STAFF THAT WE WANT TO. >> LUNCH IS ON BOARD CAN HAVE THE MEETING WITH THE DEPARTMENT TELL HER THE EXPECTATIONS AND GET SOME INFORMATION. THAT SHE COULD GET AIDEA WHAT WERE LOOKING FOR. .

>> I THINK THAT'S A GREAT IDEA. BEFORE WE LEAVE THIS, I WANT TO MAKE SURE IF YOU HAVE ANY ADDITIONAL QUESTIONS ABOUT THE COMPENSATION OF I GET INTO THOSE. THAT IS GOING TO BE FIRST TIME OR DOING SOMETHING LIKE THIS IT'S DIFFERENT BUT IT'S ALSO A GOOD SOLUTION FOR OUR ORDINANCE THAT HAS SOME RESTRICTIONS. KEEP HER FOR THE LONG HAUL. WHICH IS WHAT WE

WANT. >> AND GRATEFUL THAT SHE HAD THAT. THAT SHE FOUND THAT ISSUE AND CAME UP WITH A SOLUTION FOR US TO BE ABLE TO GIVE HER AND HOPEFULLY MR. WEATHERFORD I WOULD LIKE TO MAKE SURE THAT MAYBE WE CAN KEEP US INVOLVED IN THAT PROCESS. MAYBE THIS IS

SOMETHING THAT MR. WEATHERFORD ROLLED INTO AT THE SAME TIME. >> THIS IS SOMETHING THE NEXT CITY MANAGER WILL HAVE TO ADDRESS THE NEXT FMPA DIRECTOR AS A MATTER FACT MOST OF THE LEADERSHIP TEAM WE CANNOT KEEP THEM HERE PAST THAT. [LAUGHTER]

[00:45:11]

>> THAT IS THE REALITY WE HAVE A SEASONED PROFESSIONAL TEAM. AND THAT WILL RESULT IN QUITE A BIT OF CHANGE OVER A SHORT PERIOD OF TIME THAT WILL BECOME A REALITY FOR THOSE GROUPS.

BEING ABLE TO KEEP THEM WILL BE IMPORTANT. THE CONSISTENCY IS IMPORTANT. >> FACING THE SAME

THING. >> RIGHT. >> OKAY. >> I HAVE NO FURTHER QUESTIONS. ANY MORE QUESTIONS? >> I MAKE

A MOTION TO APPROVE THE CONTRACTOR >> SECOND. >> CALLED

[J. DIRECTOR]

THE ROLE. >> MRS. BENNETT PERPLEXED YES MA'AM. >> MR. B. >> YES MA'AM. WHAT'S MR. HUDSON.

>> YES MA'AM. >> MRS. GIBBONS. >> YES MA'AM. >> ALL RIGHT. MOVING ON. DIRECTOR. >> YES

MA'AM. >> SOME OF THIS INFORMATION MAY BE OUTDATED. THESE FORGIVE ME.

MR. WEATHERFORD AND I INTENDED THE LEGISLATION RALEIGH LAST WEEK. LEGISLATION RALLY LAST WEEK. THERE SPECIFICALLY TO ADDRESS SENATE BILL 1380 AND HELPFUL 1331. THESE BILLS WOULD KIND OF ADHERE AT SOME POINT.

THESE BILLS EFFECTIVELY PRODUCED BY SOME KIND OF CALCULATION THE TRANSFER FROM THE CITY FROM THE UTILITY TO THE CITY. IT WOULD GOVERN HOW THAT TRANSFER IS DONE. JODY MENTIONED IT LAST. I THINK DAN MENTIONED AT THE LAST MEETING HOW THERE MAY BE A REDUCTION BASED ON SOME FORMULA. FROM THE CITY INTO A UTILITY BOARD. REQUIRE SOME OVERSIGHT BY THE PUBLIC SERVICE COMMISSION. THE FIRST THREE ITEMS DON'T NECESSARILY AFFECT, ALREADY DEFINED BY CHARTER. A TRANSFER TO THE CITY. MOST IMPORTANT PART IS THE BY THE PUBLIC SERVICE COMMISSION. IT WOULD REQUIRE BOARD APPROVAL, CITY APPROVAL, AND POTENTIALLY SERVICE APPROVAL WHICH COULD BE SIX MONTHS, WE WOULD HAVE TO FIGURE OUT PCA WOULD HAVE TO BE IN SIX MONTHS. IT WOULD HAVE TO BE PROBABLY DIFFICULT FOR STAFF TO BE ABLE TO MANAGE IN THE BOARD TO BE ABLE TO MANAGE.

THESE BILLS ARE DIRECTLY RELATED TO THE GAINESVILLE REGIONAL UTILITY AND ISSUES SURROUNDING THAT UTILITY. MOSTLY RELATED TO THE COST OF THE TRANSFER OF THE CITY TRANSFER OF THE FUNDS TO THE CITY FROM THE ENTERPRISE FUND. ALSO, PART THOUGH THE ISSUE REPRESENTATION OUTSIDE OF THE CITY COMMISSION. ONLY WAY TO ADDRESSING IT LOCALLY IS NOT BARGAINING CONTINUE TO PUSH TOGETHER TO NOT HAVE THAT BILL MOVE FORWARD. THE BIGGEST TAKE AWAY FROM THAT IS A PUBLIC SERVICE COMMISSION OVERSIGHT IS REALLY NOT A GOOD THING FOR FPU A. LAST NIGHT CITY COMMISSION APPROVED THE ANNUAL COMPREHENSIVE FINANCIAL REPORT.

ISSUING THE $6.758 MILLION TRANSFERRED TO THE CITY. WITHIN THE NEXT 60 DAYS OR SO.

BASED ON THE SIX PERCENT CHANCE TRANSFER OF THE REVENUE. NEXT BOARD MEETING BRING A CONTRACT FOR THE STRATEGIC PLANNING SESSION WITH HOMETOWN CONNECTIONS THEY WERE THE LOWEST BIDDER. DOES WORK WITH HOMETOWN CONNECTIONS. ABLE TO WORK WITH AN INDEPENDENT DIRECTLY. SCHEDULE DOES NOT ALLOW FOR HIM TO BE ABLE TO MEET OUR TIMELINE. HE DID REFER AND WE DID GET ADDITIONAL CONNECTIONS THE LOWEST BIDDER. SOON AS WE BRING THAT TO THE BOARD WILL MEET WITH HOMETOWN CONNECTION FOLKS THE OTHER GENTLEMAN'S NAME. BOLD DETERMINE WHAT THE TIMELINE LOOKS LIKE. WE WILL

WORK TOGETHER TO SCHEDULE SOME KICKOFF MEETINGS AND TRY TO KEEP THAT MOVING. >> APRIL 26?

>> PROBABLY NOT THE NEXT BOARD MEETING WILL BE APRIL 18.

WILL MEET WITH THEM TO START SCHEDULING A TIMELINE. >> WE JUST TALKED ABOUT IT TODAY.

HELP ME REMEMBER TO KEEP HER INFORMED ALL THE COMMISSIONERS KNOW WHEN IT IS. >> OKAY, NO

PROBLEM. >> NOT APRIL 26? >> MOST LIKELY NOT APRIL 2016 IS THEWE SEND CONTRACT WE WILL HAVE A CONVERSATION SOMETIME THIS WEEK TO DETERMINE WHEN WE CAN HAVE

OUR KICKOFF MEETING. BECAUSE OF THE TIMING I DON'T THINK IT WILL BE THE 26. >> YOU HAVE TO

GO TO WORK THAT DAY? >> WE WERE HOPING TO DO IT SOONER THAN THAT. NOT ABLE TO DO

[00:50:02]

A BIG NUMBER. LAST BUT NOT LEAST, CONGRATULATIONS TO CAROLYN I LOOK FORWARD TO WORKING WITH HER. I CANNOT BE MORE THANKFUL TO JODY AND DAN FOR THE TIME THAT THEY FILLED IN. THEY BEEN ABSOLUTELY GREAT TO WORK WITH. VERY THANKFUL FOR ALL OF THEIR HELP.

HOPEFULLY THEY NEVER HAVE TO JOIN US AGAIN. DO THIS FOR A DIFFERENT REASON. THANK YOU JODY AND THANK YOU DAN.

>> THANK YOU. >> I THINK WERE ENOUGH TO FIGURE OUT WHETHER THAT SHE IS MS. OR VALENTINE.

>> SHE NEEDS TO TELL US.

I'M USED TO LAST NAMES. >> AND USED TO LAST NAMES BEING MISPRONOUNCED

HER >> THE THREE DOLLAR THRESHOLD, IN THE PAST IT WAS NOT THREE DOLLARS BEFORE WE WERE TRYING TO HIT SIX, RIGHT? WHEN ARE WE LOOKING TO POTENTIALLY ADJUST THAT RATE?

IS THERE SOME KIND OF A SLIDING SCALE IS THAT TIME GETS CLOSER? >> THAT IS A VERY GOOD QUESTION WILL BE DISCUSSING AT THE EXECUTIVE COMMITTEE MEETING AT THE FMPA BOARD AND EXECUTIVE COMMITTEE MEETING WILL BE DISCUSSING THAT. THREE DOLLARS WAS RATHER LOW. IT WAS PROBABLY UNREALISTIC TO GET TO THAT NUMBER. THAT'S THE NUMBER THEY VOTED ON. YOU MOVED ON.

$3.50 WOULD BEEN CLOSER THAT WOULD AMOUNT OF WORK EITHER. WILL BE LOOKING AT THAT CAREFULLY. JACOB WILLIAMS AND HIS TEAM, WILL BE LOOKING AT WHAT THOSE NUMBERS NEED TO BE.

ALSO HAVE A PERCENTAGE THRESHOLD. IT'S AN PLUS OR -10 PERCENT I THINK IT'S A NUMBER.

350+ OR -10 PERCENT. GIVE THEM A LITTLE BIT OF THE EXECUTIVE COMMITTEE GIVE STAFF THE ABILITY TO GIVE SOME DECISIONS BASED ON THE THRESHOLD. THREE DOLLARS IS PRETTY LOW. THE FUTURE IS STILL PRETTY HIGH. STILL PRETTY HIGH. LOVE TO BE ABLE TO GET THOSE NUMBERS WHO

[K. ATTORNEY]

KNOWS WHAT 2026? >> THANK YOU. >> JUST FOLLOW UP ON GAS PRICES. THIS HAS BEEN IN THE MIDWEST AND NORTHEAST WHICH IS THE CENTER FOR NATURAL GAS BURNED PRIMARILY, THIS IS BEEN THE MILE WINTER IN 100 YEARS.

THE LOW GAS PRICES ARE VERY MUCH A RESULT OF THAT. CURRENTLY FMPA IS LOCKED INTO 75 PERCENT OF ITS NEED OF GAS. MARCH 2024 50 PERCENT AFTER THAT FOR ANOTHER YEAR. AS JAVIER SAID THE EXECUTIVE COMMITTEE WILL GIVE RATHER TO INCREASE AT 50 PERCENT, 75 PERCENT, FURTHER OUT ON THE CURVE. WHAT PRICE WE COULD DO THAT. THE GOAL AT FMPA IS NOT TO WIN ON GAS PRICES IS TO LIVE WITH THE LOWEST POWER COST TO ALL THE AS SOON AS POSSIBLE. IT'S BEEN TREMENDOUS HONOR FOR BOTH DAN AND I TO WORK WITH FMPA DURING THIS OPPORTUNITY FOR US TO DO SO AFTER COLBY'S PASSING. WE WILL HAVE ONE MORE MEETING. CAROLINE FIRST DATE IS THE 24TH. I BELIEVE DAN WILL BE HERE NEXT MEETING. AT LEAST THAT'S WHAT HE AND I DISCUSSED. IT WILL BE ONE MORE MEETING THEN SHE WILL BE HERE

[00:55:05]

THE FORM OF BILL, THE FORM OF REQUEST FOR SERVICE, THE FORM OF YOUR CUT OFF NOTICE. HAVE TO SUBMIT ALL THAT AND GET IT APPROVED. ANY CHANGE THAT YOU WOULD WANT TO DO YOU HAVE TO SUBMIT TO PSE AND HAVE IT APPROVED.

IF YOU WANT TO CHANGE THE CLIENT CHECK CHARGE FROM $25-$30 HAVE TO GO THROUGH PSE AND GET IT APPROVED GOOD THAT'S REALLY A REVISION. LAST BEEN TAKEN OUT OF THE HOUSE VERSION OF THE LEGISLATION IT REMAINS IN THE SENATE VERSION OF THE LEGISLATION. THIS IS A SHORT WEEK IN THE LEGISLATOR BECAUSE OF THE PASSOVER AND EASTER HOLIDAYS. NO ONE WILL BE IN SESSION IN TALLAHASSEE THURSDAY AND FRIDAY. THE HOUSE FINISHES TODAY SENATE FINISHES ABOUT LUNCHTIME TOMORROW. WE MAY WELL HAVE THE SENATE BILL UP ON MONDAY. IT'S FIRST COMMITTEE OF REFERENCES NEXT MEETING IS MONDAY. UNFORTUNATELY THEY DO NOT RELEASE THE MEETING CALENDAR. UNTIL 4:30 P.M. LEGISLATIVE BUSINESS DAY BEFORE THE MEETING DAY. WHICH MEANS 4:30 P.M. TOMORROW AFTERNOON. WE WILL NOT KNOW UNTIL 4:30 P.M. TOMORROW AFTERNOON WHETHER IT WILL BE ON THE AGENDA MONDAY OR NOT. IF IT IS WE WILL ASK FOR A CALL TO ACTION FOR EVERYBODY TO CONTACT YOUR SENATORS AND AS JAVIER SAID TRULY APPRECIATIVE OF THE EFFORT EVERYBODY HAS MADE TO POINT OUT THE BAD POLICY. UNDER THIS LEGISLATION IT REPRESENTS IN TERMS OF CONTROL AND UTILITIES DOING THE RIGHT THING. ALSO MENTIONED A LOT OF THIS IS TIED TO CONCERNS AROUND GAINESVILLE. GAINESVILLE HAS VERY HIGH RATES. WE DO EXPECT THERE TO BE A LOCAL BILL FIVE-YEAR-OLD THAT WILL IMPACT ONLY GAINESVILLE. LOCAL DELEGATION MEETING A MEETING IN TALLAHASSEE AT 30 DAYS, THE NEWSPAPER NOTICE TO THE FILING OF THE LOCAL BILL THAT 30 DAY PERIOD IS APRIL 10. I EXPECT APRIL 10, APRIL 11 WE WILL SEE A BILL FILED FOR GAINESVILLE. KEEP OUR FINGERS CROSSED. WORKING HARD TO MAKE SURE THAT WE KEEP THE STORY HOW YOU AND ALL THE OTHER UTILITIES OF THE STATE ARE DOING THE RIGHT THING, DOING A GOOD JOB BY YOUR LOCAL COMMUNITY. ADDITIONAL STATE REGULATORS OR LOCAL GOVERNMENT IS NOT NECESSARY. THAT'S A STORY CONTINUING TO TELL. DAN WILL BE HERE NEXT MONTH WERE HAPPY TO ANSWER ANY QUESTIONS IT'S BEEN AN HONOR FOR US TO HELP YOU OUT. THANK

YOU. >> I'D LIKE TO ADD ONE THING. I SEE IT, SO DO THE OTHER BOARD MEMBERS AND EXECUTIVE COMMITTEE MEMBERS. JODY REPRESENTS US ON A MUCH HIGHER LEVEL, ALL THE CITIES TO INCLUDE A LOT OF WORK IN THE BACKGROUND. A LOT OF PEOPLE DON'T KNOW HE PLAYS A MAJOR PART IN FIGHTING THESE BILLS WITH FMPA AND SOME OF THE OBVIOUS. JUST REALLY APPRECIATE THE EFFORT SET HIM AND DAN PUT FORTH. IT'S A BIG

DEAL. IT REALLY IS A BIG DEAL. ANOTHER THANK YOU, JODY. >> NOT JUST LOCALLY, ALSO IN THE

STATE. THANK YOU. IT'S A LOT. YOU GUYS HAVE ANYTHING YOU WOULD LIKE TO SHARE? >> I WANT

[L. COMMENTS FROM BOARD MEMBERS]

IS NOT A HUGE NUMBER. I THINK THAT WAS ANOTHER PROBLEM. >> GAINESVILLE WAS 60 PERCENT OF

THE CUSTOMERS OUTSIDE OF THE CITY. >> NOT THAT HIGH THEY HAVE A PRETTY GOOD PORTION

OUTSIDE OF THE CITY. I WANT TO SAY IT'S ABOUT 30. >> I FEEL LIKE THE PROBLEM, WHOEVER WAS TRYING TO SOLVE REALLY WE WERE NOT IN THE BAD BOY CATEGORY. OUR RULES PROBABLY HAVE AN

[01:00:08]

THE CITY, CUSTOMERS ELIGIBLE FOR THAT? >> THEY ARE. THEY HAVE TO BE A RATEPAYER. >>

THEY DO NOT HAVE TO BE A CITIZEN. >> THAT IS KIND OF A GOOD THING FOR THE THINGS THAT THEY WERE TRYING TO ADDRESS. I FEEL LIKE.

WE HAVE A GOOD STORY TO TELL. WE DID PASS A RESOLUTION LAST NIGHT. THE CITY OF FORT PIERCE

FOR PROPOSING THOSE BILLS. WE SENT THAT TO. >> WE DID.

>> I USE YOU AS AN EXAMPLE POSTER OF THE GOVERNMENT AND DOES RIGHT IN TERMS OF. >> THAT'S THE TRUTH. YOU TOLD THE TRUTH. THANK YOU VERY MUCH. WE APPRECIATE ALL YOUR HELP.

I'M SURE YOU ARE GOING TO BE A HELP TO OUR BOARD ATTORNEY. >> LOOKING FORWARD TO IT. >> VERY

EXCITING THINGS TO COME. ANYTHING YOU WOULD LIKE TO ADD? >> THANK YOU FOR EVERYTHING YOU

HAVE DONE. THANK YOU FOR BEING THERE. >> YOU HAVE ANY COMMENTS? >> NO COMMENTS. >> I THANK YOU.

THANK YOU TO CAROLINE GOING THROUGH THIS PROCESS. HOPEFULLY JOINING US APRIL 24.

IT'S EXCITING.

* This transcript was compiled from uncorrected Closed Captioning.