May 02, 2023 Fort Pierce Utilities Authority

[00:00:06]

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>> GOOD AFTERNOON AND WELCOME TO THE FOUR PIECE UTILITIES AUTHORITY REGULAR MEETING FOR MAY 2, 2023, PLEASE STAND FOR

THE PRAYER AND THE PLEDGE. >> GOOD AFTERNOON.

AT THE COUNCIL WILL PLAY WERE THEY WITH ME.

WE COME TO YOU THANKING YOU FOR THE OPPORTUNITY - - WE ASK THAT YOU GRANT THEM WITH OPEN HEARTS AND OUR SPIRIT THAT WILL HELP UNIFY THIS COMMUNITY WITHIN A WORLD THAT IS SO DIVISIONAL.

WE ASK YOU THEM WISDOM TO MAKE SOUND DECISIONS THAT WILL BENEFIT THE COMMUNITY AS A WHOLE.

WE THANKYOU FOR THE REALLY HARD TO BE PUBLIC SERVANTS AND BLESSED THEM IN THIS COMMUNITY , IN JESUS NAME.

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

JUSTICE FOR ALL. >> WILL YOU PLEASE CALL THE

ROLE? >> CLERK:

>> JUST TO MAKE SURE WE KNOW, THE MAYOR HAD A CONFLICT FOR

[A. SET THE AGENDA]

SO, WE HAVE THE AGENDA IN FRONT OF US.

>> MADAM CHAIR, I HAVE ONE ADJUSTMENT.

G5 WILL NOT BE SHE WON NEW BUSINESS SO WE ARE MOVING INTO

TO A SCHEDULING CONFLICT. >> MOVED TO APPROVE THE AGENDA

AS MODIFIED BY THEDIRECTOR . >> SECOND.

>> PLEASE CALL THE ROLE. >> CLERK:

[B. APPROVAL OF MINUTES]

>> DOES EVERYONE HAVE A MOMENT TOREVIEW THE MINUTES ?

>> MOTION TO APPROVE THE MINUTES.

>> SECOND. >> PLEASE CALL THE ROLL.

>> CLERK:

[C. COMMENTS FROM THE PUBLIC]

DISCUSSED. >> SPEAKER: (STATES NAME AND ADDRESS). OKAY, SO I WROTE THIS REPORT FOR THE COMMISSIONERS AND IN NOVEMBER AND DECEMBER, LINDA COX SAID ALL THOSE COMMISSIONERS A COPY OF THIS REPORT. WHAT THIS IS, IT'S A 16 PAGE PHOTO ROUGHLY DESCRIBED OF THE MULCH BEING DUMPED BY DAVEY TREE TRUCK COMPANY. NOBODY IN THE CITY KNEW, EVERYBODY WAS PASSING THE BUCK. CODE ENFORCEMENT, WE'LL HAVE A ORDINANCE . SO, SOMEBODY GOT THEM TO QUIT DUMPING THE STUFF THERE AFTER ABOUT 100 TONS.

THERE OF RAW MULCH. TERMITE WRITTEN MULCH.

THESE PICTURES THAT YOU WILL GET OUR OLD.

THE MULCH IS THREE, FOUR FEET HIGH IN SOME PLACES, THERE ARE MOUNTAINS. WHEN I TOOK A LAW WALK LAST MONTH NIGHT, THERE WERE TERMITES GOING TO MY BLOUSE.

THERE WAS A PICTURE WHERE I HAVE TERMITE DAMAGE BEING REPAIRED AND MY HOUSE. WHERE IT WAS REPAIRED, THEY WERE CRAWLING UP INTO THE NOT WELL ENOUGH CRACKS FOOD I WANTED TO TALK TO YOU. MY BASIC GOAL IS, I WANT TO GET RID OF THE MULCH. IT IS DANGEROUS AND ENVIRONMENTALLY INCORRECT. IT IS A NUISANCE.

WHAT IS ENDANGERED IS THE TREES, THE HOUSES THERE THE

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FINALLY, TALKING TO BILL, HE SAID BILL CRAWFORD HAD SENT THE EMAIL SAYING OKAY TO MOST OF THE PROPERTY ON THE 300 BLOCK.

THAT OWNER HAD ACTUALLY ASKED FOR PERMISSION PROOF SHE SPREAD

IT OUT, AM I DONE? >> CHAIR: YOU ARE.

YOU VERY MUCH, IF YOU COULD GET THIS QUARTET YOUR PACKET THERE?

>> CAN YOU WRITE DOWN THE MY GOAL WAS TO GET RID OF THE

[D. CONSENT AGENDA]

MINUTES. >> CHAIR: THANK YOU SO MUCH.

MOVING FORWARD, WE HAVE THE CONSENT AGENDA.

IS ANYTHING THAT NEEDS TO BE PULLED 20 QUESTIONS?

>> MOVED TO APPROVETHE CONSENT AGENDA .

>> SECOND. >> CLERK:

[E.1. We received a letter from Florida House of Representatives, State Representative Dana Trabulsy congratulating Barbara Mika and the FPUA Finance Department on being awarded the Certificate of Achievement for Excellence in Financial Report for the 28th year.]

>> WE HAVE GOT RECOGNITION OF EXCELLENCE.

YOU GOT A COUPLE OF THEM. >> WE RECEIVED A LETTER FROM THE FORT HOUSE OF REPRESENTATIVES, STATE REPRESENTATIVE DANA - - TO BARBARA MIKA.

DEAR BARBARA AND FPUA FINANCE DEPARTMENT.

CONGRATULATIONS ON BEING AWARDED A CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE IN FINANCIAL REPORTING FOR THE 28TH YEAR. WHAT A MAGNIFICENT ACHIEVEMENT.

IT IS A DIRECT RESULT OF YOUR FOCUS ON FISCAL RESPONSE ABILITY AND TRANSPARENCY. IT TAKES A HARD-WORKING TEAM THAT IS CONNECTED AND FOCUS ON EXCELLENCE TO ACCOMPLISH THIS.

THANK YOU FOR YOUR SERVICE AND BEST WISHES ON YOUR CONTINUED

SUCCESS AND FUTURE ENDEAVORS. >> THANK YOU.

[E.2. GFOA Distinguished Budget Presentation Award 2023]

I LIKE TO BE ON HER RADAR. >> I WILL TACKLE THE NEXT ONE, MADAM CHAIR. THE GFOA DISTINGUISHED BUDGET PRESENTATION AWARD WILL BE PRESENTED BY MICHELLE HARRIS,

OUR FINANCE MANAGER. >> THANK YOU MADAM CHAIR AND BOARD MEMBERS, WE ARE PROUD TO BE RECOGNIZED FOR THE GOVERNMENT FINANCE OFFICERS ASSOCIATION AS A RECIPIENT OF THE DISTINGUISHED BUDGET AWARD FOR FISCAL YEAR 23 ANNUAL BUDGET. THE ANNUAL BUDGET EXCELS AS A POLICY DOCUMENT FINANCIAL PLAN OPERATIONS GUIDE AND COMMUNICATION TOOL. TRAUMA CONTINUES TO PREPARE THIS HIGH-QUALITY BUDGET DOCUMENT THAT MEETS PROGRAM CRITERIA AND APPROVED BUDGET TRANSPARENCY FOR OUR REPAIRS.

THIS AWARD IS DEFINITELY A TEAM EFFORT THROUGHOUT FPUA, BUT I LIKE TO RECOGNIZE THE SPECIFIC MEMBERS OF FINANCE WHO CAN MAKE THIS POSSIBLE.- - TO THE BUDGETING DOCUMENT.

KATIE OFFERED US OF THE PERFORMANCE MEASURES MEETING WITH THE DEPARTMENTS AND GETTING THEIR KPI ONLINE.

- -4 THE DEBT MANAGEMENT AND COMPILING THE DOCUMENT.

WE ARE PROUD OF THIS ACCOMPLISHMENT, THANK YOU FOR

THE OPPORTUNITY. >> THANK YOU VERY MUCH.

[G.5. All‐Requirements Project Solar III Energy Participation Agreement with FMPA Discussion]

>> YES, MA'AM MADAM CHAIR. GOOD AFTERNOON MADAM CHAIR MEMBERS OF THE BOARD. THE FIRST ITEM THIS AFTERNOON IS THE PRESENTATION FOR THE FM PA PHASE 3 SOLAR PROJECTS.

THERE'S A LOT GOING ON YOUR SOIL TRY TO SUMMARIZE BEFORE I TURN IT OVER TO OUR REPRESENTATIVES.

THIS ITEM WAS ORIGINALLY LISTED AS AN ACTION ITEM BUT I CHANGED TO AN INFORMATION ONLY ITEM. THE REASON IS BECAUSE A SMALL PORTION, .9 MW OF FPUA'S ALLOCATION FOR PHASE 1 OF THE SOLAR PROJECT WAS CANCELED DUE TO SITE DEVELOPMENT ISSUES.

THE ORIGINAL PLAN WAS TO MOVE THE .9 MW INTO PHASE 3.

TODAY, FPUA CURRENTLY HAS 2.1 MW FROM PHASE 1, 15 MW FROM

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I WILL TURN IT OVER TO SUSAN TO GIVE YOU A GOOD UPDATE.

>> I THINK WEARE HAVING A LITTLE TROUBLE APPEAR .

>> THANK YOU VERY MUCH. I DO APPRECIATE THEADJUSTMENT TO THE SCHEDULE . I KNOW YOU WILL HAVE A BUSINESS TO RUN, SO YOUR FLEXIBILITY IS APPRECIATED, THANK YOU.

IT IS GOOD TO BE BACK HERE, I'M ALWAYS HAPPY TO DISCUSS THE MUNICIPAL PACKAGE. EVEN CURRENTLY IT'S ONE OF THE LARGEST MISCIBLE THAT IN THE COUNTRY ONLY ADD PHASE 3 HE WILL DOUBLE THE SIZE OF THE PROJECT.

IT'S A SIGNIFICANT PROJECT AND WE ARE VERY EXCITED ABOUT IT AND ARE HAPPY TO DISCUSS IT. WHEN I WAS HERE LAST YEAR, I INTRODUCED THEPHASE 3 FOR THE FIRST TIME .

WE HAD ISSUED A REQUEST FOR PROPOSALS, WE HAD SHORTLISTED THE TOP THREE AND EVENTUALLY THE TOP TWO DEVELOPERS.

VERY COMPETITIVE PROCESS, WE ARE CONFIDENT AND COMFORTABLE WITH WHERE WE ENDED UP. MOVING FORWARD TONIGHT, WE ARE AT THE FINAL APPROVAL.I WILL WALK THROUGH THE COMPONENTS OF THE APPROVAL. IT WAS UP, BUT ONE ADVANCED, IT WENT BLANK. WHEN I INVENTED IT, IT IS STILL BLANK. I'M SORRY, FISHING ON THE TOUCH BUTTONS. [LAUGHTER].

I'M GOING TO GO THROUGH AS HAPPY OR SAD WHAT IS GOING TO HAPPEN AT FMPA AT THE MAY 18 MEETING.

HOW DEAR SIRS ON OUR BOARD OF DIRECTORS AND EXECUTIVE COMMITTEE SO HE AND HIS COLLEAGUES WILL BE APPROVING THIS AT THE MAY 18 MEETING. THESE ARE THE THINGS COMING UP IN THE NEXT FEW WEEKS.THERE IS A LOT OF ACTIVITY GOING ON IN THE PROJECT IN GENERAL. THERE IS A PHASE 1 THAT IS ALREADY ONLINE AND IT HAS BEEN ONLINE SINCE 2020.

IT'S TWO FACILITIES FOR A TOTAL OF 150 MW.

SO, AT THEIR FACILITY WAS TERMINATED AND THAT IS WHERE FORT PIERCE UTILITIES HAD THEIR .9 MW THAT WILL BE ADVANCING TO THE PHASE 3 PROJECT. BUT, IT WAS GOOD TIMING BECAUSE OF PEOPLE THAT WERE IN DID HAVE THE OPPORTUNITY TO MOVE THEIR MEGAWATTS FORWARD. WE ARE HAPPY TO BE ASSIGNING MEGAWATTS INTO THOSE PHASE 2 FACILITIES, SO IF MEMBERS DID WANT TO MOVE THERE, THEY HAD THE OPPORTUNITY TO DO THAT.

THERE ARE TWO PHASE 2 SITES COMING UP ONLINE.

FPUA DOES HAVE INTEREST IN THOSE.

AGAIN, THE FOUR ADDITIONAL PHASE 3 FACILITIES ARE COMING ONLINE AT THE END OF 25 AND 26. WITH THE DEVELOPMENT OF PHASE 3, THERE WILL BE 20 MISCIBLE ELECTRIC UTILITIES PER DISSIPATING FOR A TOTAL OF EIGHT SITES AND 600 TOTAL MEGAWATTS FOR THE ENTIRE PHASE 1, TWO AND THREE OF THE PROJECT. IT IS A SUBSTANTIAL PROJECT.

THERE'S A LOT OF ENTHUSIASM FOR IT.

ONE OF THE REASONS FOR THAT ENTHUSIASM IS, IT IS THE MOST COST-EFFECTIVE WAY TO BRING TO LOOK TO YOUR CUSTOMERS.

ALL OF OUR MEMBERS OF CUSTOMERS WHO WANT SOLAR, IF NOT ALWAYS THE MOST COST-EFFECTIVE WAY TO BRING RENEWABLE ENERGY INTO YOUR PORTFOLIO. SO, WE CAN BUILD UTILITY SCALE PROJECTS WITH MULTIPLE FACILITIES AT A TIME AND OFFER IT TO 20 DIFFERENT PRINCIPALITIES AND IT MAKES IT

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A LOT OF THE PARTICIPANTS WERE NOT READY TO ENTER INTO SOLAR YET FOR PHASE 1 AND PHASE 2. WE ALLOW THEM TO CARVE OUT C LA CARTE. FPUA WAS ONE OF THE FIRST ONE TO THE TABLE SAYING THAT WE VERY MUCH LIKE THAT.

SEVERAL OF THE MEMBERS DID BUT ALLOTTED.

FOR PHASE 3 THEY ARE ALL INTERESTED IN REALIZE THIS IS WHAT THEY NEED TO HAVE IN THE PORTFOLIO IN TOTAL.

HARVEY MENTIONED 24.2 TOTAL MEGAWATTS ALTOGETHER, 2.1 ARE ALREADY ONLINE. 15 MW ONLINE BY THE END OF 2024 AND THE ADDITIONAL 7.1 BY THE END OF 2025.

THAT IS A SIGNIFICANT PORTION. 7.5 OF THEM BY THE END OF THIS YEAR AND THAT ADDITIONAL 7.5 BY THE END OF 2024.

- - WILL BE THE DEVELOPER FOR PHASE 3, THEY ARE THE SAME DEVELOPER WE USED IN PHASE 2, SO THERE'S SOME FAMILIARITY THERE. A LITTLE MORE COMFORTABLE AS WE GO FORWARD. THE POWER PURCHASE AGREEMENT PRICE IS THE PUBLICLY STATED PRICE WHICH IS LESS THAN $45 PER MEGAWATT HOUR. IT IS CONFIDENTIAL, THE ACTUAL PRICING AND IS DEEMED TRADE SECRET BUT THEY HAVE ALLOWED US TO USE LESS THAN 45 SO WE CAN DISCUSS IN PUBLIC FORUMS LIKE THIS. IT'S A 20 YEAR TERM, A FLAT RATE SO WHAT YOU PAY ON DAY ONE IS WHAT YOU PAY IN YOUR 20.

THAT WAS VERY APPEALING TO OUR MEMBERS .

THEY KNOW THAT IN 20 YEARS THEY WILL STILL HAVE THIS AT THE SAME PRICE IN 2025 WHEN THIS COMES ONLINE.

DUKE AND FPL INITIATIVE FACILITIES ALLOWS US TO ACCOMMODATE ALL THE MEMBERS. THE ARP HAS TRANSMISSION SERVICE AGREEMENTS WITH DUKE SO THEY ARE INDIFFERENT AS TO WHICH INTERACTIVE FACILITY THEIR MEGAWATTS COME FROM.

SOME OF THE NON- ARP MEMBERS WOULD NEED DUKE OR FPL.

WE CUSTOMIZE MISSION ADVOCATES WITH A NEED WITHOUT HAVING TO PAY A WILLING CHARGE OR TRANSMISSION SERVICE.

AGAIN, FOR FACILITIES COMING ONLINE BY THE END OF 26 DEPENDING ON WHAT FACILITY YOU ARE IN.

THE PPA STRUCTURE WE ARE USING IS NEARLY IDENTICAL TOPHASE 1 AND PHASE 2 . THE ARP WILL HAVE TWO SEPARATE CATEGORIES. ONE IS THE ARP RESOURCE AND THEN INDIVIDUAL PARTICIPANTS. THERE ARE THREE ARP MEMBERS WANT ADDITIONAL MEGAWATTS, SO LEESBURG AND OCALA ARE MOVING FORWARD ADDITIONAL. THEY HAVE INDIVIDUAL PARTS AND AGREEMENTS INVOLVED. WE ALSO HAVE SOME NON-ARP WILL HAVE A SIMILAR BUT SEPARATE PPA STRUCTURE.

THE NON-ARP WILL BE IN A SEPARATE PROJECT AND THERE PPA ARE ALMOST IDENTICAL IN THE TERMS, BUT VERY SEPARATE.

WHAT HAPPENS WITH THE NON-ARP WILL AFFECT THE ARP.

ON THE 18TH, THE EXECUTIVE COMMITTEE WILL APPROVE THE POWER PURCHASE AGREEMENT. THAT'S AN AGREEMENT BETWEEN - - THE PRECIPITATION AGREEMENTS FOR THE INDIVIDUAL PARTICIPANT , RATE SCHEDULE B1 WHICH CHALLENGES THE PHASE 3 PROJECT AND THE PARTICIPANTS, INDIVIDUAL PARTICIPANTS AND ANY ENERGY EXCHANGE. THIS IS THE BORING BUT NECESSARY PART.THE KEY TERMS OF PPA ARE VERY SIMILAR TO PHASE 2. 20 YEAR TERM, THE DELIVERY POINTS ARE FPL AND DUKE. PRODUCTION GUARANTEE BY THE DEVELOPER. NETWORK UPGRADE COSTS ARE NOT

[00:20:01]

WE DON'T THINK UPGRADES WILL BE REQUIRED, BUT WE WON'T KNOW UNTIL WE SUBMIT THE TRANSMISSION SERVICE REQUEST.

IF IT IS, IT WILL BE REIMBURSED AND THE ARP WILL GET THE MONEY BACK. PARTICIPATION AGREEMENT TERMS, FPUA WILL ENTER INTO THIS BUT THE ARP WILL SO IT DOES IMPACT IN THAT REGARD. IT WILL INCLUDE ENTITLEMENT SHARE, TERM OF AGREEMENT WHICH IS ESSENTIALLY THE TERM OF THE PPA, THE COST AND EXIT PROVISION.

IF A PARTICIPANT WANTS TO EXIT, - - WILL DO WHAT THEY CAN TO REDIRECT ENERGY TO ANOTHER WILLING RECIPIENT, BUT UNTIL THAT HAPPENS, THE ORIGINAL PARTICIPANT IS STILL RESPONSIBLE FOR ALL THE COSTS FOR THE MEMBERS.

AN ADVISORY COMMITTEE WILL BE DEVELOPED IN THE GOVERNMENT PROJECT SIMILAR TO PHASE 1 AND PHASE 2.

THE RATE SCHEDULE TECHNOLOGIES PHASE 3 AND THE INDIVIDUAL PARTICIPANTS. FINALLY, THE PROJECT IS APPROVED, THE COMMITTEE WILL BE FORMED.

IT'S THE EXACT SAME STRUCTURE AS PHASE 1 AND PHASE 2. THERE AREN'T ANY SURPRISES OR KNITTING THAT IS UNKNOWN IN PHASE 3, IT SUMS EXACTLY WHAT WE DO IN PHASE 1 AND TWO.

I THINK EVERYBODY, INCLUDIN THE PARTICIPANTS, FMPA ARE COMFORTABLE WITH THE STRUCTURE OF EVERYTHING MOVING FORWARD.

WE DON'T ANTICIPATE ANY ISSUES WITH OUR APPROVAL ON THE 18TH.

THAT INCLUDES MY PART OF THE REPORT, BUT IF I MISSED

ANYTHING. >> ONE THING I WANT TO CLARIFY IS THAT IF WE DO ANY TRANSMISSION UPDATE, THE TRANSMISSION PROVIDER WOULD REIMBURSE US.

THOSE TRANSMISSION PROVIDERS ARE DUKE,FPL ?

>> YES, SIR. >> QUESTIONS?

>> IMAGINE THE DEGREE OF POVERTY IS LESS THAN $40 PER MEGAWATT HOUR, HOW DOES THAT COMPARE TO OTHER ENERGY

SOURCES? >> THE OTHERS FLUCTUATE.

HE MIGHT HAVE A BETTER IDEA OF WHAT NATIONAL GUARD IS AT THIS

POINT. >> LESS THAN $45 PER MEGAWATTS IS APPROXIMATELY FIVE DOLLARS PER MMBTU FOR GAS? I THINK THAT MAYBE A LITTLE BIT HIGHER NOW THE AFTER A SERIES - - 7.5 AND PHASE 2 AND AFTER ALL WE HAVE FOR PHASE 3, IT'S ABOUT AROUND 22 MW? 2420 MW?

>> THESE CAME OUT WHEN EXIT OUT OF THE FULL-SCREEN.

>> HOW DOES THAT COMPARE TO OUR PEAK LOAD? WHAT PERCENTAGE OF SOLAR IS COMFORTABLE GOING UP? WE HAVE AN IDEA? WHAT DO YOUCONSIDER THE COST AND OPERATIONAL THRESHOLD ? THAT NUMBER IS 28 MW, WE WANT BELOW 20 MW RIGHT NOW. AS WE GROW, THE PERCENTAGE WILL FALL ON 24.2. IT WILL DEPEND ON THE COST OF THE SOLAR PROJECTS. RIGHT NOW, IT'S LESS THAN 45.

SO, RIGHT NOW, THE WAY I AM LOOKING AT THIS, WE ARE BUMPING UP AROUND THE PEAK SOLAR THAT WE WANT TO UTILIZE.

BUT, IT IS A GOOD WAY TO MITIGATE AGAINST THE FLUCTUATING COST OF GAS FUEL SOURCES.

FPUA'S DELIVERY PORTFOLIO IS PRETTY DIVERSE.

OUR MIXTURE IS NUCLEAR, COAL, GAS, SOLAR, OIL, DIESEL I THINK. WE HAVE GENERATION SITES.

WE ARE VERY DIVERSIFIED AND THIS IS MAKING OUR PORTFOLIO

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PART OF WHAT WE ARE DOING WITH SOLAR HERE IS ALL THREE SITES BE LOCATED THROUGHOUTTHE STATE .

IT WILL BE CENTRALIZED IN ONE PPART OF THE STATE, YOU WILL LOSE ALL OF YOUR SOLAR. DIVERSIFIED COST AND OPERATIONAL NEEDS, ALL THOSE FACTORS ABOUT 25% MAX RATIO.

>> YOU TOUCHED ON MY QUESTION. I WAS MEANT TO ASK WHERE THE

SITES WERE LOCATED. >> IF YOU LOOK ON THIS, YOU WILL SEE EIGHT LITTLE SONS. THE SONS ARE HALF YELLOW AND HALF ORANGE, THOSE ARE PHASE 1 AND PHASE 2. THE SOLID ORANGE ONES ARE PHASE 3 PROPOSED SITES.

THAT IS WHAT THEY WILL BE NORTH CENTRAL AND NORTHEAST FLORIDA

IN THAT AREA. >> ANY FURTHER QUESTIONS?

THANK YOU VERY MUCH. >> MY APOLOGIES FOR THIS NOT

SHOWING UP. >> IT'S OKAY.

THANK YOU FOR CONTINUING, EVEN THOUGH YOU DO NOT HAVE IT.

MAYBE MS. CORTEZ CAN SEND IT OUT TOUS .

[G.1. Storm Hardening – For Information Only ]

>> MADAM CHAIR, NOW THAT THE COMPUTERS ARE WORKERS WORKING, I ENTER THE NEXT TWO PRESENTERS ARE HAPPY ABOUT THIS.

THE NEXT IS AN UPDATE ON THE FPUA STORM HARDENING PROGRAM.

THIS IS AN IMPORTANT TOPIC FOR STAFF TO KEEP THE BOARD INFORMED ON HOW WE ARE DOING AND WHAT OUR PLAN LOOKS LIKE AS HE MOVED TO THE FUTURE. THIS INFORMATION WILL LIKELY BE PRESENTED AS A PART OF A BUDGET WORKSHOP.

THIS IS THE FIRST TIME YOU WILL SEE.

ERIC MEYER, THE SUPERVISOR ENGINEER WILL PRESENT THIS.

>> THANK YOU, AND GOOD AFTERNOON MADAM CHAIR GIBBONS AND MEMBERS OF THE BOARD. TONIGHT, I WOULD LIKE TO UPDATE YOU ON OUR GRID RESILIENCY AND STORM HARDENING PROGRAM AND THE CHALLENGES WE ARE CURRENTLY FACING.

IN 2019, STAFF ATTENDED A STORM HARDENING AND GRADE PLAN WERE AREAS OF THE ELECTRIC SYSTEM - - IN ORDER TO MAINTAIN LIABILITY FOR CUSTOMERS. THESE AREAS INCLUDE CREAM TIMELINES AND ELECTRIC ATTRIBUTION SYSTEM AND MODERNIZING EXISTING ADVENTURE WITH NUMEROUS THE PROTECTION AND MONITORING COMPONENTS. THE GOAL OF THIS PLAN WITH THE SCHEDULE AND BUDGET FOR THESE AREAS THE SHOW IMPROVEMENTS AND KEY RELIABILITY METRICS IN THE FORTHCOMING FISCAL YEARS.

HOWEVER, SOME OF THESE PRESENTED BY STAFF HAVE NOT BEEN FULLY ENACTED DUE TO SEVERAL OBSTACLES AND CHALLENGES. THE FIRST CHALLENGES THAT NEW CUSTOMER PROJECTS HAVE TAKEN A MAJORITY OF THE FUNDING.

WE ARE MANDATED TO SERVE THEM WHEN THEY ARE - - SERVICE.

FOR A STATISTICAL PERSPECTIVE, 82% OF BUDGETARY SPENDING OVER THE LAST 10 YEARS HAS BEEN PROVIDING FOR NEW CUSTOMERS WHEREAS 80% BUDGETARY SPENDING OVER THE LAST 10 YEARS IS MAINTAINING THE EXISTING INFRASTRUCTURE.

OUR SECOND CHALLENGE HAS BEEN THE DRAMATIC INCREASE IN COST OF OPERATIONS. INFLATION HAS HAD A TREMENDOUS IMPACT ON OUR ABILITY TO PROCURE MATERIALS NEEDED TO BUILD AND MAINTAIN THE SYSTEM. SINCE 20/20, THERE HAS BEEN A 100% INCREASE IN AVERAGE COSTS COMPONENTS.

IT'S ABOUT HALF THE COST IS OF THE SAME PROJECT WAS BOOKED TODAY IN 2023. SPENDING IN RECENT YEARS - - EXCEEDINGLY MORE EXPENSIVE. OUR FINAL CHALLENGE HAS BEEN A BACKLOG OF THE MAINTENANCE PROJECTS.

PROJECTS THAT NEED TO BE DONE AND PRIORITIZED AND WHEN FUNDING IS NOT AVAILABLE, THERE PUSH THE NEXT FISCAL YEAR.

THIS CAUSES DIFFICULTY IN MAINTAINING THE STORM HARDENING PROJECTS. HOWEVER, WE HAVE BEEN ABLE TO

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FOLLOW-UP PLACEMENT PROGRAM IS UP TO SPEED WITH THE CURRENT ROTATION. THE SLIDE SHOWN HERE SHOWS FOUR GRAPHS AS PROVIDED BY OUR - - ON HER LEFT SHOULDER AND AREN'T ON OUR RIGHT. IF THE UTILITY INDUSTRY STANDARD TO SHOW - - THE CUSTOMER SERVE AVERAGE FREQUENCY FOR EACH CUSTOMER SERVE FOOD IT IS MEASURED IN MINUTES AND INSTANCES OF AN OUTAGE.

A LOWER IS INDICATIVE OF A MORE RELIABLE POWER GRID FOR LESS TIME AND FREQUENCY. AS CAN BE SEEN FROM THE DATA HERE, IT INCREASES WHEN A STANDARD TRENDLINE IS INCORPORATED. STAFF IDENTIFIED AREAS OF THE SOMEWHERE THAT NEEDED - - REQUIRING FUNDING, THE PROJECT TO BECOME PRIORITIZED FROM CUSTOMER PROJECTS OR TOO EXPENSIVE DUE TO INFLATION. THE QUESTION BECOMES WHAT CAN WE DO TO REDUCE OUR SAVINGS - -? BECAUSE OF THIS, METRICS ARE NOT INDICATIVE OF EVERY CUSTOMERS EXPERIENCE IN THE FPUA NETWORK.

OTHERS EXPERIENCE MULTIPLE OUTAGES.

THE OTHER INDEX CALLED THE C5 AIMS TO ADDRESS THIS ISSUE WERE WEAKER AREAS OF THE SYSTEM CAN BE FOUND AND IMPROVED UPON.

FPUA COLORIMETRIC - - STORM HARDENING PROGRAM, WE WILL REVIEW THESE AREAS IN THE SYSTEM MADE ACCORDINGLY FOR THE UPDATES. THE RESULT IS THE REDUCTION - - ADDRESS THESE CUSTOMERS AND MAKE IMPROVEMENTS IN MOST.

TO SHOW THAT THE INDEX IS USED ACROSS THE STATES, SEVERAL UTILITIES HAVE USED THIS INDEX TO INCREASE THEIR SYSTEM RELIABILITY FOR THE CUSTOMERS. - - HAVE USED THIS TO SUCCESS.

FPL IS ALSO USED AS METRIC GOING TO 0.5% AVERAGE TO THE CUSTOMER BASE IN 2022. WHILE - - OTHER UTILITIES ARE ALSO MAKING A SIGNIFICANT INVESTMENT IN SYSTEMS TO MAINTAIN OPTIMAL SERVICE LEVELS.

IN ORDER TO HIGHLIGHT EXAMPLES OF OTHER MUSICAL EXAMPLES - -4 UTILITIES ACROSS THE STATE WITH LARGE STORM HARDENING.

- - 40% F RESEARCH UNDERGROUND SINCE 2017.

DAVID FOR MORE THAN 60 DEVICES SINCE 2018.THEIR EFFORTS HAVE ALLOWED THEM TO - - [INAUDIBLE].

- - HAS GONE FROM 50% TO 70% OF THE SYSTEM UNDERGROUND SINCE 2017 AND HAVE SEEN BENEFITS. PEAK OUTAGES WERE 3850 AT 15,000 CUSTOMERS. SO, WHAT ARE OUR OPTIONS FOR IMPROVING OUR SYSTEM? USING THE INDEX, WE CAN MAKE SIGNIFICANT PROGRESS WAS SIMILAR TO THE MISSILE UTILITIES, CONSIDERABLE FUNDING WILL BE REQUIRED TO MAKE PROGRESS. THERE IS A CRITICAL POINT WITH - - RELIABILITY. [INAUDIBLE].

GREAT WAY TO IMPROVE SYSTEM PERFORMANCE WILL REPLACE THE INFRASTRUCTURE. GRID MONETIZATION IS A COMMON THEME WANT UTILITIES AS WELL, REPLACING TRADITIONAL MODES OF MARKETING METHODS. IT PROVIDES FOR A POSITIVE

[00:35:03]

WITH THAT, I CAN TAKE ANY QUESTIONS YOU HAVE AT THIS

TIME. >> IT SEEMS LIKE TO ME THAT THIS PRESENTATION IS GEARING UP FOR A MONETARY ASKED FROM THE FUTURE. YOU REALLY GET THAT VIBE?

LAST NIGHT. >> WHEN THAT HAPPENS, ONE THING I WILL LIKE TO SEE OUR BEST OPTIONS FOR THE BOARD.

SOME OF THE NUMBERS YOU PRESENTED TO US, YOU INDICATE THAT WE NEED TO TAKETHIS SERIOUSLY .

ONCE WE GET PRESENTED WITH SPECIFIC SOLUTIONS, I WANT TO MAKE SURE THAT AT LEAST FROM MY STANDPOINT, I DO NOT HAVE THE OTHER FOUR MEMBERS FEEL, WE HAVE A LOT OF CAPITAL PROJECTS GOING ON ALREADY. THE FIRST RULE OF ECONOMICS IS THAT WE HAVE LIMITED FUNDS BUT - - WE ARE GOING TO HAVE TO MAKE SOME TOUGH DECISIONS. WHEN WE GET READY TO LOOK AT WITH HANNAH BUDGET, I-4 ONE WOULD LIKE TO SEE THAT.

NOW, THE ONE YOU METRIC I WAS NOT FAMILIAR WITH THE PRESENTATION, THE C5, FOR US TO GET THE NUMBER DOWN BELOW 1%, I DON'T KNOW AN INDUSTRY STANDARD FOR THE METRIC IS.

>> 3.14. I DO KNOW WHERE WE ARE PERCENTILE WISE BUT IN THE STATE OF FLORIDA WE ARE PRETTY ADVANCED. I THINK DUKE ENERGY IS AROUND THAT WE ARE. I DON'T KNOW MANY OF THE OTHER ONES, BUT IT IS KIND OF SOMETHING THAT WAS USED MORE FOR IDENTIFYING THE UIGHURS PART OF THE SYSTEM RATHER THAN ACIDIFYING THE WHOLE SYSTEM ITSELF.

YOU CAN TARGET PLACES THAT ARE WEAK ON THE SYSTEM AND REDUCE YOUR NUMBER DRAMATICALLY BECAUSE THOSE ARE TECHNICALLY THE WEEK PART OF THE SYSTEM THAT YOU CAN UPGRADE WITHOUT HAVING TO SPEND MONEY MAY BE ON PARTS OF THE SYSTEM THAT DON'T

NEED A AFTER SHARE REPLACEMENT. >> MAISIE IS SUPPOSED TO GOING IN WITH A HAMMER, YOU GO ON WITH THE SCALPEL AND TAKE A SPECIFIC SPOTS OF THE SYSTEM THE NEED TO BE IMPROVED SIGNIFICANTLY . AS A PART OF THE ANALYSIS WHEN YOU PRESENT TO THE BOARD, WHAT WE NEED FOR FUNDING TO GET TO THE INDICATOR THAT WE WANT TO GET TO, IF YOU SAY THAT WE NEED THIS BUDGET TO CORRECT THESE AREAS THAT ARE EXPERIENCING

DIFFICULTIES. >> THAT WILL DEFINITELY BE THE NEXT GOAL WITH BUDGETING AS WE MOVE FORWARD THE PROCESS.

I WANTED TO MAKE SURE THAT IT WAS ON YOUR MIND AND YOUR RADAR OUR MEMBERS HAVE BEEN GOING UP, WE CAN TACKLE CERTAIN SPOTS THAT ARE GOING TO BE REDUCED BUT IT'S A PROBLEM OF THE PROJECTS INVOLVING SIGNIFICANT INVESTMENT.

WE MAY NEED TO REINFORCE THINGS - - IN ORDER TO DO THAT UNFORTUNATELY WITH INFLATION AS HIGH AS IT HAS BEEN NOW AND NEW REVENUE PROJECT TAKING THE PRIORITY, IS MADE IT A LITTLE DIFFICULT TO ADDRESS THOSE IN A TIMELY MANNER, UNFORTUNATELY.

I WANT TO MAKE SURE THAT THE BOARD IS AWARE THAT WE ARE DOING EVERYTHING WE CAN TO TACKLE THESE OF COURSE AND GET BY WITH WHAT WE CAN. IN RECENT YEARS, IT HAS BEEN PRETTY TOUGH DUE TO THE ECONOMIC FACTORS SURROUNDING THE WORLD AND EVERYBODY ELSE AT THE TIME.

>> I HAVE A LITTLE SOMETHING TO TAG ONTO THAT AS WELL.

SO, EVEN IF WE DID HAVE UNLIMITED FUNDS, WE STILL NOT BE ABLE TO OBTAIN THE PRODUCT THAT MAY NEED IN ORDER TO DO THIS. I AM SURE THAT THERE IS A GROUP OF YOU GUYS THAT IS ALSO LOOKING AT OTHER OPTIONS FOR WAYS TO STORM HARDENING WITHOUT NEEDING THAT EQUIPMENT OR COMING UP WITH ALTERNATIVE WAYS TO HAVE THE SAME IMPACT.

>> THAT IS WHAT - - CONCERNS TARGET PLACES.

[00:40:10]

REINFORCING IT WITH PUTTING A NEW POLL DOES NOT HELP ANYMORE.

WE CAN GET TO THE TREES, THERE IS SOME KIND OF ISSUE THAT PREVENTS US FROM DOING A SIMPLE.

>> . >> I HAVE A QUESTION, WHAT IS THE VISION MOVING FORWARD IN THE FUTURE?

DO WE KNOW THAT? >> WE ARE CURRENTLY AT 3.14, DO

YOU HAVE A GOAL IN MIND? >> IDEALLY ZERO.

994 CUSTOMERS, WE HAVE IDENTIFIED THE SPOTS AND CAN GET THOSE 20 IF WE ARE ABLE TO DO IT WITH THE CURRENT FUNDING THAT WE HAVE. WE CAN PROBABLY GET IT UNDER 1%. WE ARE LOOKING AT TWO OR 2.5%.

AS A PART OF THE CUSTOMER EXPERIENCE AND MAKING SURE OUR CUSTOMERS ARE HAPPY, WE WANT TO MAKE SURE THAT THOSE CLOSE TO

ZERO. >> TO TACK ON TO WHAT MR. LAMMERS WAS SAYING TOO, I WILL LIKE TO SEE WHEN YOU PRESENT TO US HOW WE CAN KEEP THIS FROM HAPPENING IN THE FUTURE.

WE CAN ATTACK THIS IS A WEEKEND HAVE IS UNDER CONTROL IN TWO YEARS, BUT THEN WHAT? HOW DO WE MAINTAIN A GOING FORWARD? WHAT DOES THAT LOOK LIKE DOLLAR WISE? OBVIOUSLY AMOUNT OF STAFF WISE? I WOULD LIKE TO SEE HOW THAT CORRELATES.

>> MADAM CHAIR, A COUPLE THINGS I WOULD LIKE TO ADD WITH AREAS PRESENTED HERE. SINCE WE ARE USING MOST OF THE FUNDING IN A NEW CUSTOMER EXPANSION PROJECTS, THAT IS A GOOD PROBLEM FOR US TO HAVE. THE DOES TAKE AWAY FROM OUR EXISTING ELECTRIC SYSTEM. THE OTHER THING WE TALKED ABOUT THE DOES AFFECT US IS THE SALES TAX.

THAT IS PRIORITIZED PROJECT FOR THE CITY IN THE COUNTY AND DOT WHICH TAKES AWAY FROM THE RATE FUNDING WE HAVE AVAILABLE.

ONE OF THE THINGS THAT WE ALWAYS IT'S A LOOK AT ITS COST AND PERFORMANCE. WE WOULD LOVE FOR THE SYSTEM TO PERFORM AT THE HIGHEST LEVEL POSSIBLE, BUT IT DOES COME AT THE COST. THIS PRESENTATION EFFECTIVELY GIVES YOU A LITTLE BACKGROUND ON TRYING TO MANAGE COST AND PERFORMANCE. WE ARE TRYING TO MANAGE THE HALF CENT SALES TAX AND SOME OF THESE OTHER POLICIES THEYGET PUT IN PLACE . WE LOOK ANY FUNDING FROM THAT HALF CENT SALES TAX, WE HAVE TO COME ALONG WITH THE PROJECT AT

HER OWN COSTS. >> THAT IS A REALLY GOOD POINT, THANK YOU FOR POINTING THAT OUT TO US BECAUSE I DO NOT THINK

ABOUT THAT. >> THAT ACROSS THE BOARD FOR

ALL THE UTILITIES. >> THANK YOU FOR COMING UP.

[G.2. Power Cost Adjustment March 2023 ]

>> MANAGER, AND THE NEXT ITEM IS A UPDATE ON THE POWER COST ADJUSTMENT FOR MARCH 2023 THANK YOU MADAM CHAIR AND BOARD

[00:45:09]

THIS IS THE QUARTERLY TABLE ON THE POWER CROSS OVER AND UNDER FOR THE RATE STABILIZATION FUND.OUR GOAL IS TO MAINTAIN A RESERVE THAT WILL ALLOW FOR FLUCTUATIONS IN THE COST OF PURCHASE POWER AND THAT MINIMUM RESERVE IS SET AT $1 MILLION.

DURING MARCH ON THE POWER COST ADJUSTMENTS AT $39 PER MEGAWATT HOUR, FPUA HAD - - 600-9000. HE WAS THE RECOVERY FOR THIS QUARTER HAVE HELPLESS RECOVER FROM THE DEFICITS WE HAVE EXPERIENCED FROM AUGUST THROUGH DECEMBER.

OUR CURRENT OVER COLLECTION IS $1.2 MILLION.

THE COST OF POWER PURCHASE FROM MARCH WAS BUILT AT FPUA AT A BLENDED RATE OF $97.49 PER 1000 KWH.

THAT THE $2.47 INCREASE WHEN COMPARED THE PREVIOUS MONTH.

THIS CHART TRACKS CUMULATIVE BALANCE OF THE POWER COST ADJUSTMENT RECOVERY. IT'S A DARK BLUE LINE, AND MARCELLA $39 FOR 1000 KWH. THAT LINE THIS GRAPH INCLUDES ALL ADJUSTMENTS FOR THE PCA, THE FIVE DOLLARS IN MAY AND THE RECOMMENDATION FOR FIVE DOLLARS IN JUNE.

THE BARS ON THIS CHART INDICATE THE LEVEL OF THE OVER UNDER RECOVERY. THE BLUE BARS REPRESENT THE ACTUAL OVER/UNDER RECOVERY. - - IS INCREASED SINCE LAST MONTH BY $500,000 FOR THE 12 MONTH PERIOD.

OUR FISCAL YEAR TO DATE AVERAGE COST FOR 1000 KWH SOLD THOSE AROUND $105. THE APP IS EXPECTED TO REMAIN AT THAT LEVEL THROUGH JUNE BEFORE FALLING OFF A LITTLE BIT. YOU WILL SEE THAT THE NEXT UPCOMING GRAPH. THIS COMPARISON OF THE CURRENT PROJECTION FROM MARCH WITH TWO DIFFERENT PERSPECTIVES.

THE RATE STABILIZATION FUND IS NOTED BY THE BLUE ÃLIVES SET AT A MINIMUM BETWEEN A MILLION AND $5 MILLION ON THIS GRAPH.

THE REDLINE IS THE CURRENT PROPOSAL FOR REDUCING PCA FIVE DOLLARS IN JUNE. THIS IS GRADUAL WHILE PROVIDING RECOVERY FOR THE RATE STABILIZATION FUND, BY SEPTEMBER, THE RATE STABILIZATION FUND RECOVERY SHOULD BE AROUND $4.7 MILLION, SOMEWHERE IN THERE.THE REDUCTION OF THE PCA CONTINUES BY FIVE DOLLARS FOR THE ENSUING THREE MONTHS JULY THROUGH SEPTEMBER TO BRING THE PCA TO $14 IN SEPTEMBER. I PUT THE ADJUSTMENTS ON THE BOTTOM WITH THE REDLINE. THE GREEN LINE TAKES A DIFFERENT ROUTE AND SHOWS THE FIVE DOLLARS FEE PUT IN PLACE IN MAY. THEN MAKING NO ADDITIONAL CHANGES, KEEPING PCA AT $34 UNTIL OCTOBER WITH A $27 REDUCTION BRINGING PCA TO SEVEN DOLLARS PER KILOWATT HOUR.

YOU CAN SEE THE DIFFERENT IN THE LINES, RECOVER MORE RAPIDL . THIS DEMONSTRATES, WHAT IS TRYING TO SHOW HERE IS AT THE END OF SEPTEMBER HAVE TO LOOK AT HOW MUCH CASH RESERVES WE HAVE, THERE'S A DIFFERENCE BETWEEN, OF $2.8 MILLION IN THE RECOVERY ON ONE VERSUS THE OTHER. IS $2.8 MILLION WORTH OF CASH WE WOULD NOT OFCOLLECTED . THE AGREEMENT PROVIDES FOR

[00:50:13]

WE ARE RECOMMENDING AT THIS TIME A FIVE DOLLAR DECREASE, LOWERING THE PCA FROM $34 THE $29 FOR 1000 KWH AFFECTED FOR THE JUNE 1 BILLS. I PRESENTED THIS ITEM FOR YOUR CONSIDERATION AND APPROVAL AS YOU SEE FIT.

IF YOU HAVE ANY QUESTIONS, I WOULD BE HAPPY TO ANSWER.

>> MADAM CHAIR, FOR CLARITY, IN APRIL WE ARE AT 39 SO IN MAY -

- APPROVED IN MARCH. >> SO NOW, WE ARE LOOKING AT

JUNE TOO. >> WE STARTED WITH THE NEXT BILLING. THE NEXT BILLING MONTH WOULD BE

JUNE 1. >> QUESTIONS?

>> AND MOVED TO BOARD APPROVED THE REDUCED PCA BY FIVE DOLLAR

. >> SECOND.

>> PLEASE CALL THE ROLL. >> CLERK:

[G.3. WRF Relocation Update]

>> CHAIR: THANK YOU VERY MUCH. >> MADAM CHAIR, THE NEXT ITEM IS AN UPDATE ON THE MAINLAND WATER RELOCATION PROJECTS.

IT'S BEEN A FEW MONTHS SINCE WE HAVE PRESENTED AN UPDATE BUT I WILL WAIT UNTIL THE BOARD THAT WE HAVE BEEN WORKING VERY HARD BEHIND THE SCENES TO PREVENT THE PROJECT MOVING FORWARD.

I AM VERY PROUD OF THE TEAM - - MANY OTHERS THAT WILL GO UNNAMED TODAY BUT THE TEAM HAS BEEN WORKING VERY HARD IN THE BACKGROUND TO KEEP THIS PROJECT MOVING FORWARD.

RACHEL TENANTS IN THE PUBLIC AFFAIRS AND'S INABILITY MANAGER

WILL PRESENT THIS ITEM. >> THANK YOU VERY MUCH.

MADAM CHAIR, MEMBERS OF THE BOARD, THANK YOU AS ALWAYS FOR HAVING ME. I'M VERY HAPPY TO GIVE US UPDATE ABOUT THE W RF RELOCATION PROJECT.THE PICTURES YOU SEE IN THE BOTTOM OF THE SCREEN HERE ARE W RF PROJECT UPDATES. THEY WILL BE BIGGER THROUGHOUT THE PRESENTATION, BUT I WANTED YOU TO KNOW THAT THESE ARE REAL ACTION SHOTS. BEFORE WE BEGIN, I WANTED TO DO A QUICK AT A GLANCE UPDATE INTRO.

THE PUBLIC AFFAIRS SUSTAINABILITY DEPARTMENT IS A LITTLE OVER A YEAR OLD AT THIS TIME FOR FPUA.

SO, WHAT HAVE WE BEEN DOING OVER THE LAST YEAR? WE SUBMITTED JUST UNDER $60 MILLION WITH THE GRANT PROPOSALS, THAT'S 13 DIFFERENT PROPOSALS.

JUST ABOUT 52.5 OF THAT WAS FOR THE WRF RELOCATION AND ANOTHER 1.3 MILLION FOR SUSTAINABILITY PROJECTS AND ANOTHER 5.9 MILLION FOR ELECTRIC AND GAS PROJECTS WHICH INCLUDE A LITTLE BIT OF THE STORM HARDENING STUFF THAT WE WERE JUST TALKING ABOUT.TODAY'S PRESENTATION IS GOING TO FOCUS ON THE WRF ONLY.

FOR THE AGENDA, WE WILL TALK A BIT ABOUT THE CONSTRUCTION.

I WANT TO TALK ALSO ABOUT THE WORLD AROUND US.

HE WILL PIVOT TO OUR PERFECT APPROACH, WHAT IS STAFF DOING TO KEEP THIS GOING FORWARD? THEN, WHAT IS NEXT?FOR CONSTRUCTION, THE LAND ENERGY LANE HAS BEEN FULLY CLEARED AND BROUGHT TO GRADE FOR THE DRAINAGE AND SUBSURFACE ARE CURRENTLY UNDERWAY. ALL THE PERMITS HAVE BEEN APPROVED, IT THROUGH 13 DIFFERENT PERMITS THROUGH THE DEP, CITY OF FORT PIERCE AND THE NORTH ST. LUCIE WATER CONTROL DISTRICT, THOSE OF ALL BEEN APPROVED.

THE FINAL PLANT CONSTRUCTION CONTRACT IS IN DEVELOPMENT NOW.

[00:55:07]

THE CONVEYANCE WHICH IS REROUTING THE PIPES FROM EASTWARD WESTWARD, THE DESIGN HAS BEGUN.

THE STAFF STRUCTURE PLACEMENT IS ALREADY UNDERWAY.

MR. MIKE MARTIN IS OFFICIALLY OVERSEEING THE PHASE 1 PROJECT OF WRF CONSTRUCTION. SO, WHILE THAT IS GOING ON, THERE'S PLENTY GOING ON AROUND US AS WELL.

THE POLITICAL CAMPAIGNS ARE BEGINNING FOR THE 2024 PRESIDENTIAL ELECTIONS. THIS MATTERS IN US IN PARTICULAR BECAUSE THERE IS HEAVY SPECULATION ABOUT A GOVERNOR DESANTIS CAMPAIGN. WE ARE SPENDING QUITE A BIT OF TIME WITH THE LEGISLATURE RIGHT NOW SPEAKING SEEKING FUNDING FOR THE WRF. AT THE SAME TIME, FOR THE LEGISLATURE IS MAKING BIG MOVE , MAYBE, MAYBE NOTBECAUSE OF POSSIBLE CAMPAIGN COMING . PUBLIC UTILITIES, WERE ALMOST REGULATED UNDER THE PUBLIC SERVICE COMMISSION, I AM SURE YOU ARE ALL FAMILIAR REMEMBER THAT THERE ARE SOME HINTS THAT PIECE OF THIS WILL COME BACK NEXT YEAR SO IT IS NOT TOTALLY OVER. THERE IS ALSO UP BYAMERICA BILL CURRENTLY MAKING ROUNDS IN THE FOUR THE LEGISLATURE .

GOING FORWARD, IT WOULD BE EFFECTIVE JULY 2023 WHICH MEANS ANY STATE FUNDING WE WOULD RECEIVE WOULD HAVE TO GO THROUGH BY AMERICA.FEDERAL FUNDING ALREADY DOES, SO THAT IS HAPPENING. ALSO, THERE APPEARS TO BE LIKELY A HEAVY INCREASE IN ANNUAL GRANT FUNDING THAT WILL BE INVESTED IN THE INDIAN RIVER LAGOON.

THERE IS AN UNDERSTANDING THAT A GOOD CHUNK OF THAT, THERE IS A HEAVY NEED FOR THAT IN THE BREVARD, MORE NORTHERN AREA.

IF YOU WATCH WITH AMENITY CALZONES WHERE MANY OF THEM DIED FURTHER NORTH, THEIR STUFF GOING ON UP THERE.

PATTY SAID HE WOULD NOT BE ABLE TO ACCESS THE FUNDING, BUT THAT IS SOMETHING TO KEEP IN MIND. ALSO, FEDERAL AGENCIES RIGHT NOW THE FEDERAL LEVEL ARE PUSHING HARD TO GET ORGANIZED WITH THE TRILLIONS OF DOLLARS OF THE STRUCTURE AND INFLATION REDUCTION ACT FUNDING THAT IS STARTING TO COME THROUGH THEIR AGENCIES. THIS IS A LOT OF MONEY COMING THROUGH UNDER TWO UNIQUE BILLS. THE PROPOSAL AND SELECTION PROCESS WAS THEIR FIRST BIG PUSH, GETTING THAT ALL SORTED OUT FOR THE FUNDING. THAT IS ONLY ONE PART.

NOW, THERE WILL THEN BE FOLLOWED THROUGH AND COMPLIANCE, THE GRANT COMPLIANCE FOR THAT FUNDING.

ANYONE WHO DID GET GRANTS OR IS GOING TO GET GRANTS THROUGH THAT MONEY IS GOING TO HAVE TO COMPLY WITH THE GRANT RULES AND THERE WILL BE A TREMENDOUS EFFORT NATIONWIDE TO MANAGE THAT. THERE ARE MANY GROUPS JUST LIKE OURS WHO ARE SUDDENLY SEEKING AND THEY'LL HAVE TO GET ORGANIZED TOO. THIS IS HAPPENING ALL THE SAME TIME AS EVERYTHING ELSE WE ARE DOING.

AND THE PRICES ARE RISING EVERYWHERE.

WE WOULD LOVE FOR THE WASTEWATER TO NOT BE AFFECTED BY THIS, BUT WE ARE NOT IN A BUBBLE.

THE MATERIAL INFLATION INDEX ON THE RIGHT HERE SHOWS AN AVERAGE 35% INCREASE IN THE COST OF PIPE IN THE LAST 12 MONTHS.

THE GREENLINE THERE, THE PVC SEWER PIPE IS THE MAIN ONE, THE PURPLE ONE. AS AN AVERAGE OF 35%, ANYWAY.

THIS IMPACT THE WASTEWATER PLANT, THE CONVEYANCE PROJECT, WASTEWATER EXPANSION PROJECT AND AGAIN OF COURSE IN GENERAL, THE TRANSFORMERS AND ELECTRIC CABLES AND SOME OF THE ITEMS THAT MR. MEYER WAS TALKING ABOUT.

SO, KNOWING THAT ALL OF THIS IS GOING ON, WHAT ARE WE DOING ABOUT IT? WE ARE VERY FOCUSED AND ACTIVELY ENGAGED IN MANAGING THIS PROJECT AND MANAGING THE SUCCESS OF IT. SO, FOR FUNDING, WE ARE HEAVILY INVOLVED IN THE FINAL WRF CONSTRUCTION CONTRACT, IT HAS BEEN UNDER DEVELOPMENT FOR QUITE A WHILE.

THIS INCLUDES A MANDATORY REVIEW OF EVERY LINE AND SUBCONTRACTOR UNDER CONSIDERATION FOR THIS PROJECT.

[01:00:02]

WE ARE ALSO BEING VERY AGGRESSIVE WITH OUR GRANT PROPOSALS. WE WERE ANYWAY AND ARE EXTRA NOW. THAT MEANS OUR PROPOSALS ARE AT THE HIGH END IS SOMETIMES HIGHER OF REQUEST LIMITS.

SO, CONVERSATIONS LIKE HOW MUCH SHOULD WE ASK FOR IN THIS BUDGET? NORMALLY, THE ANSWER WOULD BE SOMETHING LIKE THE MAXIMUM WAS HERE LAST YEAR AND WE WILL SAY LESS LIKE OVER THAT, AND THIS YEAR WE ARE.

WE ARE PUTTING THESE PROPOSALS TOGETHER SAYING THAT IS THE MAX BUTTER PROJECT IS MORE IMPORTANT SO WE WILL ASK FOR MORE. THEY CAN TALK TO US, THEY CAN HAVE IS PUT IT DOWN, REDUCE IT, WHATEVER IT MAY BE THAT WE ARE BEING VERY HONEST AND CLEAR BOUT THE NEED THAT EXISTS HERE IN THE VALUE OF THIS PROJECT. THEN OF COURSE PARALLEL PATH PLANNING WHICH IWILL TALK ABOUT IN A MINUTE .

THEN OF COURSE TRANSPARENCY AND COMMUNICATION.

WE ARE TALKING A LOT. WE ARE NOT THE PRESENTING HERE YOU WILL SEE IN THE NEXT COUPLE OF SLIDES THAT WE HAVE BEEN HAVING LOTS OF MEETINGS AND TALKING TO ANYONE TO MAKE FAMILY MEMBERS OVERSEEING FUNDING THAT CAN COME TO THIS PROJECT IS ABOUT THIS PROJECT I CAN SPEAK IN OUR BEHALF IN ONE WAY OR ANOTHER. WE ARE ALSO DOING OUR BEST WITH COMMUNITY ENGAGEMENT. WE ALSO HAVE WEEKLY MEETINGS THEIR LOBBYISTS SO WE CAN ADVOCATE AS AN EXTENSION OF US AS WELL. MAYBE THEY'LL HAVE A MEETING NECESSARILY ON OUR BEHALF, BUT THEY HAPPENED TO BE HAVING A MEETING WITH SOMEONE ELSE AND HAPPEN TO RUN INTO SOMEONE IN THE HALLWAYS WHICH HAPPENS ALL THE TIME.

THEY ARE THERE AND CAN DO THIS FOR US.THEY KNOW US, THEY KNOW OUR STYLE AND THEY CAN SPEAK IN OUR BEHALF.

SO, COMMUNITY OUTREACH. THE INTEREST HERE IS TO SHOW YOU WHAT WE'RE GOING TO TRY AND KEEP IN COMMUNICATION WITH OUR COMMUNITY.WE WERE AT EARTH DAY LAST WEEKEND, THAT IS THE NATURE FAST IN LATE FEBRUARY. EVEN WORKING WITH MIKE MARTIN WHO IS IN WORKING WITH PUBLIC AFFAIRS TO PRESENT SPECIFICALLY I TEND TO FOCUS ON WASTEWATER RELOCATION AND OUR SUSTAINABLE SEWER PROJECTS. WE HAVE THE GROUNDBREAKING IN FEBRUARY, WE - - MARCH AND APRIL OF THIS YEAR, TALKED ABOUT THE WASTEWATER UPDATE IN SEPTEMBER AND OCTOBER OF LAST YEAR, SAME THING. PUBLIC PRESENTATIONS ARE A HODGEPODGE. SOME OF THEM ARE TARGETED PRESENTATIONS THAT WE WERE ASKED TO GIVE, THINGS LIKE THE INDIAN RIVER LAGOON BOARD OF DIRECTORS OR ST. LUCIE COUNTY LEGISLATIVE HEARING TO BE ELIGIBLE FOR FUNDING OTHER ONES ARE THINGS AT THE LUNCH AND LEARN PRESENTATION OR THE ANNUAL SEMINAR WHERE FPUA WAS ABLE TO PRESENT.

OCEAN VILLAGE REACH OUT TO US AND BE PRESENTED TO THE PLANNING COMMITTEE.OF COURSE, WE HAVE OUR WEBSITE SUSTAINABLE SEWER.NET WHICH WE KEEP UPDATED.

THERE ARE VIDEOS ON THERE AND WE UPDATE THE NEWS SECTION WHEN THERE ARE NEWS ARTICLES THAT COME OUT AND ANYTHING ELSE.

TARGETED FUNDRAISING MEETINGS. THESE ARE THE POLITICAL AND AGENCY COMPOSITIONS I WAS TALKING ABOUT.

WE HAVE MET WITH EVERY SINGLE PERSON ON THIS LIST, THIS IS THE D.C. LIST AND THE NEXT LIGHT OF THE TALLAHASSEE LIST.

WE MET WITH RESIDENT OF BRIAN - - MARCO RUBIO.

THE FISH AND WILDLIFE FOUNDATION.

THE MAIN THING HERE IS THAT WHEREVER WE CAN, WE ARE TALKING. WE ARE COMMUNICATED WITH OUR REPRESENTATIVES AND COMMUNICATING WITH AGENCIES TO MAKE SURE WHEN THEY RECEIVE FUNDING, OR THEY HAVE FUNDING AVAILABLE TO MORE PRIORITIES THAT ALIGN WITH THIS PROJECT, THEY THINK OF US.THIS IS THE TALLAHASSEE LIST.

WE HAVE MET WITH THE GOVERNOR'S OFFICE A COUPLE OF TIMES, THE FLORIDA HOUSE OF REPRESENTATIVES INCLUDING SOME

[01:05:03]

THAT IS IN PROGRESS. CURRENTLY UNDER CONSIDERATION, ABOUT $90 MILLION. HE RECEIVED NEWS OVER THIS WEEKEND. ORIGINALLY, THE STATE APPROPRIATIONS REQUEST WAS CUT FROM THE STATE, HOUSE AND SENATE BUDGETS. WE THINK BECAUSE WE RECEIVED THERE IS A LINK FOR THE FUNDING.

OUR LOBBYIST IN TALLAHASSEE WITHOUT TALKING TO US WERE ABLE TO VARY QUICKLY GET US ON A CONSENT AGENDA TO SCENTED.

YOU WERE NOT TOTALLY OFF THE LIST, WE WERE ON THE LIST THAT A SMALLER NUMBER. LAST WEEK AND ON SATURDAY, THE SENATE SENT THEIR FIRST WATER PROJECT LIST OVER AND WE WERE ON IT FOR $5 MILLION. SUNDAY, THE HOUSE ACCEPTED THAT LIST AND WE WERE ON IT FOR $5 MILLION.

THE NEXT LAYER IS THAT HOUSE AND SENATE WOULD HAVE TO SUBMIT THEIR FULL BUDGET WHICH WOULD INCLUDE THE WIRELESS TO THE GOVERNOR, WE JUST HAVE TO NOT BE VETOED.

HOPEFULLY, WE WILL HAVE ANOTHER $5 MILLION TOWARDS THE GOVERNOR PROJECT. THERE IS ANOTHER 10 MILLION IN FEDERAL APPROPRIATIONS, THAT IS NOT VERY EARLY PHASES.

PROBABLY THE END OF THIS YEAR. IT IS GOING TO BE A WHILE.

THEN, THE SOUTH FLORIDA WATER MANAGEMENT SYSTEM - - REVIEW SYSTEM AT THE WASTEWATER PLANT TO CREATE OR REUSE WATER.

WE ARE HOPING TO KNOW THIS MONTH OR NEXT MONTH ON WHETHER THAT IS FUNDED. IF IT IS, IT WAS DESIGNED IN A WAY THAT WE GO BACK NEXT YEAR FOR YEAR TWO OF THAT FUNDING.

WE ARE GOING BACK TO THE FOUR JOB GROWTH GRANT FUND FOR ANOTHER 3 MILLION FOR THE MASTER LIFT STATION ON SOUTH HUTCHINSON ISLAND. WE WILL BE REVISITING AMERICA JUSTICE AND BREAK FUNDING WITH OUR FEDERAL CONTACTS.

THE LOBBYISTS ARE SETTING UP A COUPLE MEETINGS FOR US THEY ARE TRYING TO FIND FUNDING EVEN WHERE AGENCIES ARE NOT SURE THAT IS. IT'S GETTING INTERESTING.

OF COURSE WHAT THINGS ARE REJECTED.

WERE DOWN ABOUT 18.5 MILLION OF WHAT WE PROPOSED WHICH IS THREE DIFFERENT PROPOSALS, IT WAS REJECTED.

STATISTICALLY, THAT COULD HAPPEN, LIKELY TO HAPPEN SOMEWHERE IN YOUR AS WELL WITH THE ONES UNDER CONSIDERATION.

SO, WE ARE NOT DONE AND WE KNOW IT.

SO, MOVING FORWARD, THE TEAM WILL BE FINALIZING AND PRESENTING THE FINAL WRF CONSTRUCTION PROJECT TO YOU VERY SOON. WE ARE GOING TO CONTINUE EXPLORING ADDITIONAL FUNDING AVENUES.

THE MAIN THING HERE, HE WANT TO LOOK AT EVERY SINGLEPOSSIBLE FUNDING OPPORTUNITY . THIS INCLUDES THINGS LIKE THE CLEAN WATER STATE REVOLVING FUND AND THE WATER TEMPERATURE FINANCE AND INNOVATION ACT. HE WILL BE TALKING ABOUT THAT A LITTLE MORE IN THE NEAR FUTURE BECAUSE THOSE ARE DIFFERENT.

WE WILL BE PURSUING PROBLEM BRANSON APPROPRIATIONS WHEREVER WE DO RECEIVE FUNDING. HE WILL PLAY AGAIN FOR THE FOLLOWING YEAR AND OUR ODDS ARE GENERALLY BETTER ON WE ARE IN, ESPECIALLY IF WE HAVE MANAGED WELL.

AS WE MOVE FORWARD, ALWAYS MAKING SURE TO EXPRESS OUR GRATITUDE FOR THE SUPPORT THAT WE GET AS IT COMES IN.

THAT IS EVERYTHING.I'M HAPPY TO ANSWER ANY QUESTIONS YOU MAY

HAVE. >> I HAVE ONE.

IN THE BEGINNING, YOU MENTIONED THAT YOU WERE TRYING TO UTILIZE

[01:10:01]

>> A LITTLE BIT OF BOTH. THAT IS THE RESILIENT REPORT OF FUNDING. IT'S A THREE YEAR GRANT AND WE WERE NEW AT IT. THIS IS ONLY HIS SECOND YEAR IN EXISTENCE SO NO ONE REALLY KNEW.

IT'S WRITTEN AS A THREE YEAR GRANTS BUT WE PUT SOME OF IT INTO MATERIALS AND SOME OF THE INTO CONSTRUCTION.

ALL WE HAVE REQUESTED US TO MOVE IT ALL INTO MATERIALS AND IF WE SPEND IT ALL IN YEAR ONE, IT DOES INCREASE OUR ODDS.

IT'S VERY OBVIOUS THAT WE CAN SPEND IT.

WE WERE APPROVED FOR FEDERAL FUNDING TO RESULT IN FLORIDA, THERE WERE TWO BUCKETS. WHEN THE STATE FUNDING.

THE OTHER WAS FEDERAL FUNDING WHICH NEEDS TO BE SPENT DOWN BY THE END OF 2024 OR SOMETHING LIKE THAT .

IF WE CAN SPEND IT FASTER, THE IDEA WOULD BE TOO SAY HEY, IF YOU HAVE MORE OF THAT MONEY THAT NEEDS TO BE SPENT THAT MAYBE SOME OF YOUR PROJECTS ARE DELAYED, WE CAN SPEND IT.

WE HAVE A STRATEGY THERE, IT'S VERY ATTENUATED, BUT THAT IS

THE PLAN. >> THANK YOU.

HOW ABOUT OUR TIMELINE FOR THE PAINTS TO BE UP AND RUNNING?

ARE WE STILL ON TARGET? >> SO, THE ORIGINAL PLAN WAS THE CONSTRUCTION STARTED IN 2023 AND THE WHOLE PLANT WILL BE DONE BY THE END OF 2025.I THINK WE ARE A LITTLE BEHIND ON THAT, BUT WE STILL NEEDED TIME TO GET THE CONVEYANCE SYSTEM IN ANY WAY WHICH PUT US IN THE MIDDLE OF 27 BEFORE THE WHOLE THING WAS RUNNING. I THINK THERE IS A LITTLE BIT OF DELAY FROM THE PERMITTING THAT WE HAVE TO GO THROUGH, BUT I DON'T THINK THERE IS A SUBSTANTIAL DELAY.

I KNOW MR. HUTCHINSON IS IN THE AUDIENCE AND CAN SAY SOMETHING

IF I AM WRONG. >> GREAT.

IF NOBODY HAS ANY OTHER QUESTIONS, THANK YOU VERY MUCH.

PTHANK YOU FOR ASKING FOR MORE MONEY THAN WE ARE WILLING TO GIVE. [LAUGHTER].

IT DOES NOT HURT TO ASK. >> RACHEL AND THE TEAM HAS BEEN

ON A JOURNEY AND WON'T STOP. >> MADAM CHAIR, THE NEXT ITEM

[G.4. New Agenda Format Discussion]

JUST A LITTLE BIT OF BACKGROUND YEAR, THE BOARD DID APPROVE A RESOLUTION IN OCTOBER 2021. IT OUTLINES BOARD POLICIES, PROCEDURES AND RULES OF ORDER. IN THAT RESOLUTION ON PAGE 7 OF 12, IT OUTLINES THE BOARD'S AGENDA FORMAT.

IT IS VERY SPECIFIC WHAT WE ARE LOOKING FOR TODAY IS SOME DIRECTION FROM THE BOARD SO WE CAN REVISE THE RESOLUTION RATHER THAN FOLLOWING A RIGID OUTLINE, WE CAN HAVE A LITTLE MORE FLEXIBILITY ON AN AGENDA OUTLINE THAT FITS BETTER FOR OUR FLOW BECAUSE TIMES HAVE CHANGED.

ALSO, IT WOULD HELP AVOID THE EMPTY ITEMS THAT WILL NECESSARILY HAVE TO DISCUSS. JUST LOOKING FOR SOME DIRECTION FROM THE BOARD. HE AGENDA FORMAT SHOULD BE IN YOUR BOARD PACKET MY COPY OF IT.

>> I THINK YOU GUYS ON HOW I FEEL ABOUT THIS.

I WAS HOPING WE CAN MOVE OUR AGENDA AROUND AND MAKE IT FLOW A LITTLE BIT BETTER. OBVIOUSLY GET RID OF SOME OF THE EMPTY SPOTS WE WILL EVER HAVE ANY SAY IN.

AT TIMES, LEARNING TO BE A SPOT ADDED OR MAYBE THERE IS NOT

AVAILABLE FOR IT NOW. >> DID YOU SAY THERE WAS AN OUTLINE OF THE BOARD PROCEDURES?

>> YES, ON PAGE 7 THERE WAS AN OUTLINE THAT TELLS AND APPROVES

THE WAY THE FLOW WOULD MOVE. >> I DON'T HAVE THAT.

>> WE HANDED OUT THE BOARD MEETING, YOU WILL MAKE SURE

[01:15:01]

>> I THINK IT WOULD ALSO HELP THE PERSON RUNNING THE MEETING TO KNOW WHEN THERE'S NOTHING THAT DOES REQUIRE A VOTE.

RIGHT NOW, IT'S IN THE MIDDLE. A LOT OF TIMES YOU'LL HEAR IS ASKED, IS THERE A VOTE NEEDED FOR THIS?

I WILL MAKE IT EASIER. >> RATHER THAN HAVING ALL BUSINESS AND NEW BUSINESS, WE WOULD HAVE INFORMATION ITEMS AND ACTION ITEMS SO WE WOULD KNOW SPECIFICALLY IF THERE IS A

VOTE OR NOT ABOUT. >> I DEFINITELY THINK THAT IS A GOOD IDEA. DO YOU HAVE A SPECIFIC AGENDA

OUTLINE THAT WE ARE PROPOSING? >> IT SHOULD BE IN YOUR BOARD

PACKET. >> IT LOOKS LIKE THIS.

I LIKE THE NAMES AND DESIGNATIONS.

ACTION ITEMS VERSUS INFORMATION ITEMS. I THINK THAT IS A GOOD TOUCH. MY ONLY CONCERN IS HAVING THE APPROVAL OF THE MINUTES IN THE CONSENT AGENDA.

THAT IS AN ACTION ITEM. YOU MAY GET A BOARD MEMBER THAT LIKES TO LOOK AT THE MINUTES EACH AND EVERY TIME AND MAKE CHANGES. IF YOU EVER ENCOUNTER SUCH A BOARD MEMBER, EACH MEETING WE WILL HAVE A DISCUSSION PULLING OUT THE MINUTES FOR FURTHER DISCUSSION AT A LATER TIME.

I THINK I SHOULD BE ASSEMBLY DESIGNATED ITEM.

I KNOW YOU WERE NOT HERE ONLY HAD A MEMBER DO THAT QUITE OFTEN AND IT DOES SLOW THE FLOW OF THE MEETING IF YOU HAVE TO PULL SOMETHING OUT OF THE CONSENT AGENDA AND HAVE IT RE-ATOMIZED SOMEWHERE ELSE ON THE WHIM OF A BOARD MEMBER.

IF IT'S TOUCHED AT BEFORE THE CONSENT AGENDA, IT WILL GO A LOT FASTER. YOU HAVE TO REMEMBER, IT'S NOT ALWAYS US THAT IS GOING TO BE HERE.

THERE WILL BE OTHER MEMBERS THAT WILL CYCLE ON SOME RECUPERATIVE DETAIL. ALL THE WAY TO THEY WANT TO CHANGE THE WORDS HERE AND THEN THE MINUTES AND IT WILL FILL THE MINUTES DOWN IF WE ALWAYS HAVE TO ADJUST OTHER THAN THAT,

LIKE THE CHANGES. >> WE CAN DEFINITELY DO THAT.

THAT WAS ON THE SUGGESTION THAT SHE AND I TALKED ABOUT WAS

KEEPING AS A SEPARATE ITEM. >> WE DID EXAMINE OTHER JURISDICTIONS AND HOW OTHER BOARD STUPID, IT CAN BE DONE BOTH WAYS BUT A LOT OF TIMES, THE MINUTES ARE SEPARATE AND AT THE BEGINNING QUICKLY REVIEWED AND APPROVED AS AN ACTION.

>> WE CAN DO THAT. >> THE OTHER CHANGE IS YOU WILL SEE CONTRACT UNDER 50,000, WE WILL LIKELY MOVE THE UNDER THE CONSENT AGENDA SINCE YOU ARE TECHNICALLY APPROVING THOSE AND IS NOT JUST AN INFORMATION ONL .

>> ONE THINGS I WANT TO ASK WAS COMMENTS FROM THE PUBLIC, IN THE PAST WE HAVE SEVERALPEOPLE THAT WERE HERE .

WE LIKE IT BEING AT THE BEGINNING OF THE MEETING, JUST OF THOSE PEOPLE COULD STAY WITHIN NEEDED.IN ORDER TO HEAR COMMENTS, THERE HAD TO STAY HOME MEETING.

THERE WAS A TIME WHERE WE ALSO DISCUSSED MEETING FROM THE PUBLIC CLOSER TOWARDS THE END. I AM NOT SURE.

>> THEY HAVE PUBLIC COMMENT FOR NOT ADHERING ITEM AT THE BEGINNING, I BELIEVE AND PUBLIC COMMENT FOR EACH ITEM THAT REQUIRES A MEETING AFTER THE ITEMS ARE HEARD.

I THOUGHT ABOUT THIS SPECIFICALLY, FOR SOMEONE TO MAKE PUBLIC COMMENT AND POTENTIALLY SWAY INFLUENCE AND PROVIDE FEEDBACK ON THE ITEM, YOU WOULD WANT TO HEAR IT

[01:20:04]

MORE FEEDBACK ON THAT. >> THAT IS KIND OF THE IDEA AND GIVING MORE FLEXIBILITY. THERE MAY BE SOME TIMES WHEN THE CHAIRMAN BOARD IS IMPORTANT AGENDA ITEM AND THEY WANT TO OPEN A PUBLIC COMMENT ONCE IT IS CLOSER TO THE ITEM SO THEY CAN BE ADDRESSED. IN OTHER GOVERNMENTAL SETTINGS, YOU WILL SEE - - IN THIS INSTANCE, INTO THE BEGINNING OF THE MEETING AND THE PUBLIC AND TALK ABOUT SOMETHING ON THE AGENDA OR SOMETHING ON THE AGENDA.

THAT'S THE CHALLENGE OR MENTIONING THAT IT MAY BE MORE APPROPRIATE TO HAVE SOMETHING AT THE END HOWEVER, SINCE WE DON'T KNOW WHAT THEY ARE TALKING ABOUT, LEADING AT THE BEGINNING IS THE BEST OPTION. IF IT'S A DISCUSSION OF US IN THE COMING BEFORE YOU ALL TO VOTE ON, IT WOULD BE BETTER FOR

YOU TO HEAR THAT BEGINNING. >> IF WE HAVE THE RESOLUTION COMPLEX ABILITY TO THE BOARD, I PRESUME UNDER WHAT YOU WERE SAYING, YOU CAN ADD IN A SECOND, FROM THE PUBLIC AFTER PRESENTATION OF THE PCA? IT WOULD BE GOOD FOR THE PUBLIC TO SIT THROUGH THE PRESENTATION AND THEN ADDRESS THEIR COMMENTS TO US BEFORE WE VOTE. THAT IS ONE OF THE THINGS I ALWAYS THOUGHT ONE SUMMER AGO COULD BE IMPROVED UPON.

TO ME, THAT WOULD BE BETTER FOR THE PUBLIC AND US.

>> I AGREE, MORE IMPACTFUL. >> EXACTLY, THEN YOU CAN HAVE A PUBLIC SPEAKING SECTION. THAT MAY BE A DESCRIPTION FOR THE CHAIRMAN TO TALK TO TO SAY LISTEN, YOU WILL HAVE A LOT OF PEOPLE HERE FOR THIS MEETING. WE SHOULD HAVE ONE PUBLIC COMMENT SESSION AT THE BEGINNING FOR MATTERS THAT ARE GENERAL AND ONE FOR THIS PARTICULAR ISSUE.

>> UNDER RATE ADJUSTMENTS, ONLY DO THAT THE FPUA BOARD MEMBER FOR LEVEL, WE HAVE COMMENTS - - UP OR DOWN LIKE WE DID LAST YEAR DURING THE BOND ISSUANCE. WE DO HAVE THE OPPORTUNITY TO DO THAT FOR RATE ADJUSTMENTS. IF THAT'S THE PLEASURE OF THE BOARD TO DO IT AFTER ANOTHER POTENTIAL ITEM, WE COULD DO THAT.THE ONE THING I WOULD WORRY ABOUT OR FOR THE BOARD TO CONSIDER IS, WE ARE PUBLIC UTILITY AND OBVIOUSLY CARE ABOUT A COMMUNITY WHILE AT THE SAME TIME MAKE SURE WE MANAGE THE BUSINESS AS BEST AS POSSIBLE BECAUSE WE HAVE CERTAIN REGULATORY REQUIREMENTS THAT WE HAVE TO FOLLOW.

I WILL OPEN IT UP TO MORE COMMENTS, IT MAY POTENTIALLY INFLUENCE SOME OF THE DECISION-MAKING BUT JUST BECAUSE THOSE CAN BE TOUGH, WE EXPERIENCED THAT LAST YEAR.

. I THINK WE ALL FELT THE PRESSURE BUT AT THE SAME TIME, WE NEED THE MISSION IN FRONT OF US WITH RATE ADJUSTMENTS IN OUR SYSTEM EXPANSION.

JUST FOOD FOR THOUGHT. >> IF I COULD ADD MY TWO CENTS ON THIS DISCUSSION, I DON'T THINK THERE IS ANY WAY AROUND US EVERY SEVENTH PUBLIC COMMENT BEFORE WE MAKE DECISIONS.

WE NEED TO GIVE THE PUBLIC A CHANCE TO WEIGH IN ON THEAGENDA . THAT BEING SAID, IF WE WERE GOING TO CHANGE ANYTHING ABOUT PUBLIC COMMENTS, I DO THINK THERE ARE TIMES WHERE IT WOULD BE APPROPRIATE IF REMOVED PUBLIC COMMENTS RELATED TO A SPECIFIC ITEM SOMEWHERE WITH ITS OWN SLOT IN THE AGENDA. THAT ONE PARTICULAR DAY YOU WERE DISCUSSING, THE PUBLIC OR PEOPLE COME TO WERE PRETTY UPSET ABOUT THE POWER COST ADJUSTMENT.

IF WE WERE TO HAVE THE FLEXIBILITY TO THE MOVE THOSE ANY PUBLIC COMMENTS SPECIFICALLY RELATED TO THAT UNTIL AFTER THIS PRESENTATION SO YOU CAN HAVE A LITTLE MORE INFORMATION BEFORE YOU PRESENT YOUR OPINIONS OF THE BOARD, THAT WOULD'VE BEEN REALLY USEFUL FOR BOTH PARTIES.

>> THANK YOU FOR THE REMINDER, YOU ARE ABSOLUTELY RIGHT.

[01:25:02]

>> I DOUBT THAT IS THE LAST TIME SOMETHING LIKE THAT WILL

HAPPEN. >> MADAM CHAIR?

>> YES MISS BENNETT. >> I AM THINKING, THAT WAS A GREAT IDEA. TO EXTEND THAT, WHY DON'T WE JUST PUT COMMENTS FROM THE PUBLIC BY THE PPA SECTION AND MAKE IT ACCURATE TO MAKE THE SOMETHING STANDARD WE WOULD HAVE ON THEIR IF THEY HAD ANY QUESTIONS AFTER WE HAD HAD A DISCUSSION. THE MAJORITY OF THE PEOPLE WANT TO TALK ABOUT THE PCA AND HOW IT IS INCREASED OR DECREASED.

THAT WOULD BE A GREAT IDEA TO JUST HAVE THE COMMENTS CONCERNING THE PCA. THAT WOULD ALLEVIATE SOME OF

THE TIME, ALSO. >> I THINK WE ARE LOOKING AT SOME FLEXIBILITY TO NOT HAVE IT EVERY SINGLE TIME.

>> I AGREE. >> FOR EXAMPLE, THERE WAS NOBODY HERE TODAY TO TALK, SO IT WILL BE ANOTHER EMPTY ITEM THAT WOULD JUST BE SITTING THERE.

WHICH IS 90% OF THE TIME. MOST OF THE TIME, WE WOULD KNOW AHEAD OF TIME HEY, WE SHOULD THROW THIS IN THEIR SO WE CAN

HAVE AN OPEN FORUM. >> SO, WE CAN ADD A SECTION, AND ACTION ITEMS SECTION THAT YOU MAY WANT TO ADD PUBLIC COMMENT TWO.ACTION ITEMS THAT MAY NOT NECESSARILY NEED AN ACTION ITEM, IT MAY BE A SUBSECTION FOR COMMENTS.

WE CAN DO THAT AS AN AS-NEEDED BASIS.>> WE USUALLY HAVE A

SENSE BEFORE THE MEETING. >> EVEN IF WE HAVE THE POSSIBILITY TO ADD THAT AND ADJUST THE AGENDA AT THE MEETING, TO GET A FEEL FOR THE CROWDS LIKE.

>> WE CAN ACTUALLY ADD THAT ON THE FLY.

>> WE HAVE THE AUTHORITY IF YOU HAVE A PACKED HOUSE WHEN I WANT TO BE RESPECTFUL THE COMMUNITY'S TIME, THE CHAIR AND THE BOARD HAVE THE DISCRETION TO MOVE AN ITEM UP ON THE AGENDA. EVEN THOUGH IT MAY COME LOWER ON THE LIST LIKE WE DID TODAY WITH - -, THEY MOVED HER UP.

>> WE WILL SPEND SOME TIME BEING CREATIVE WITH THE AGENDA AND FOLLOW-UP WITH THE FORMAT. I WILL FOLLOW-UP WITH YOU MADAM

CHAIR. >> SOUNDS GREAT.IF WE OPEN UP THIS POLICY CHANGE, IS THERE ANYTHING ELSE?

>> WE WILL LOOK AT OTHER ITEMS. THERE MAY BE SOME OTHER CHANGES THAT WE NEED TO MAKE SOME MODIFICATIONS TO IT.

TODAY, THE IDEA WAS TO MAKE SURE THAT WE TACKLED A REQUEST FOR THE AGENDA FORMAT. BUT YES, THERE ARE OTHER ITEMS.

>> SOUNDS GOOD. ANY OTHER QUESTIONS OR COMMENTS? MISS BENNETT, AND THE OTHER

COMMENTS?>> YES, I WOULD LIKE TO AGAIN CONGRATULATE THE FINANCE DEPARTMENT FOR THE CERTIFICATE OF EXCELLENCE.

ALSO, I WOULD LIKE TO INVITE THE BOARD AND THE FPUA STAFF TO COME AND WITNESS THE KICKOFF OF THE SKF FRANCIS K DEPUTY BOTANICAL GARDEN. THIS IS FOR OUR YOUTH AND COMMUNITY ON MAY 5, THAT FRIDAY AT 9:00.

THIS EVENT IS HAPPENING IN OUR COMMUNITY TO HELP OUR CHILDREN WITH MENTAL HEALTH. IF YOU ARE NOT DOING ANYTHING AT 9:00 ON FRIDAY, PLEASE, AND WITNESS US PUTTING IN A

THERAPEUTIC FOR OUR COMMUNITY. >> THANK YOU FOR LETTING US KNOW. SORRY I WAS NOT CLEAR, I MET ANY DISCUSSIONREGARDING THE AGENDA ? IF YOU HAVE OTHER THINGS WE CAN LEAVE IT FOR THE COMMENTS FROM THE BOARD MEMBERS. THANK YOU.

[I.1. Adopt Resolution No. UA 2023‐05 in Recognition and Appreciation of Jody L. Finklea and Dan O’Hagan.]

WE HAVE TWO RESOLUTIONS THAT BE APPROVED?

[01:30:01]

>> I WILL TACKLE THE FIRST ONE. WE HAVE A RESOLUTION, YOU A .23 ÃFIVE RECOGNITION OF APPRECIATION OF JODI FINKLEA AND DAN O'HAGAN. IF APPROVED TODAY, - - WOULD PRESENT THIS RESOLUTION AT THE MAY 18 FMPA BOARD MEETING.

IT WILL BE FRAMED, REALLY NICE BECAUSE THEY DID HELP US IN A TIME OF NEED. THEY STEPPED IN VERY QUICKLY AND ADDED MORE TO THE PLAY ON TOP OF A FULL-TIME JOB FOR THE FMPA TEAM. IF YOU HAVE ANY QUESTIONS, I

WOULD BE HAPPY TO ANSWER THEM. >> RESOLUTION YOU A 2023 Ã05 KAMARA/4 PIECE UTILITY AUTHORITY - - SERVICES OF JODI FINKLEA AND DAN O'HAGAN WOULD HAVE SERVE THE CITIZENS OF THE CITY OF FORT PIERCE A SPECIAL COUNCIL TO THE FORT PIERCE UTILITIES AUTHORITY FROM DECEMBER 6, 2023 UNTIL APRIL 23 2023. WHEREAS JODY FINKLEA AND DAN O'HAGAN - - HAVE SERVED WITH DISTINCTION IN THE ABOVE STATED CAPACITY AND HAVE RENDERED INVALUABLE SERVICES TO THE FORT PIERCE UTILITY AUTHORITY DEMONSTRATING OUTSTANDING ABILITIES AND UNTIRING EFFORTS IN THE DISCHARGE OF THEIR DUTIES. WHEREAS, DURING THE SERVICE, JODY FINKLEA AND DAN O'HAGAN PROVIDED SOUND LEGAL ADVICE THEREBY ASSISTING IN THE FULFILLMENT OF THE MISSION OF THE FORT PIERCE UTILITY AUTHORITY.

WHEREAS JODY FINKLEA AND DAN O'HAGAN DESERVE PUBLIC RECOGNITION FOR GENEROUSLY DEVOTING THEIR TIME TO THESE EFFORTS. NOW, THEREFORE IT BE RESOLVED BY THE FORT PIERCE UTILITY AUTHORITY BY THE CITY OF FORT PIERCE FLORIDA THAT ON BEHALF OF THE BOARD MEMBERS OF THE FORT PIERCE UTILITY AUTHORITY, THE PEOPLE OF THE CITY OF FORT PIERCE, AND FORT PIERCE UTILITY AUTHORITY DIRECTOR, DEPARTMENT HEADS AND STAFF, ACKNOWLEDGES WITH A DEEP SENSE OF GRATITUDE THE SERVICES OF JODY FINKLEA AND DAN O'HAGAN FOR THE SERVICE AS FORT PIERCE UTILITY SPECIAL COUNCIL.

BE IT FURTHER RESOLVED BY A COPY OF THIS RESOLUTION BE PRESENTED TO JODY FINKLEA AND DAN O'HAGAN AND THE ANSWER TO THE MINUTES OF THE FORT PIERCE UTILITIES AUTHORITIES AS A PERMANENT RECORD OF THEIR APPRECIATION ADOPTED THIS

SECOND DAY OF MAY 2023. >> I WILL MOVE TO APPROVE YOU A

RESOLUTION 2023 Ã05. >> SECOND.

>> PLEASE CALL THE ROLL. >> CLERK:

[I.2. Adopt Resolution No. UA 2023‐06 Authorizing Release of Mineral Rights]

>> CHAIR: ALRIGHT, I BELIEVE WE HAVE ONE MORE.

>> YES CHAIR, THANK YOU FOR TH NEXT ITEM IS IN THE RESOLUTION . IT IS THE REQUEST FOR FPUA TO WAIVE CERTAIN MINIMAL RIGHTS AND THE PROPERTY THAT WAS PREVIOUSLY OWNED BY THE CITY FOR THE BENEFIT OF THE FPUA.

THIS PROPERTY IS LOCATED ON THE CORNER OF BOSTON AVENUE AND FIFTH STREET. YOU MAY RECALL IT WAS INVOLVED IN A PROPERTY SWAP INJUNE OF LAST YEAR .THE NEW OWNER IS HAPPY TO SELL THE PROPERTY, BUT THE BUYERS TITLE COMPANY HAS IDENTIFIED THESE MINERAL RIGHTS AS REQUIRING RELEASE FOR THE BUYER TO OBTAIN TITLE INSURANCE.

SO, THE NEW PROPERTY OWNER HAS POSITIONED THE CITY TO RELEASE THE RIGHTS AND FPUA TO GRANT APPROVAL FOR THAT RELEASE.

STAFF DOES RECOMMEND THE BOARD RELEASE THE MINERAL RIGHTS FOR A NUMBER OF FACTORS OUTLINED IN THE RESOLUTION AND AGENDA ITEM.

THEY CAN BE SUMMARIZED AT THE ORIGINAL INTENT OF THE PARTIES, THE LOCATION AND ZONING OF THE PROPERTY AND USE OF THE PROPERTY, WHERE IT IS LOCATED IN A GENERAL COMMERCIAL ZONE, IT IS USED THE PARKING LOT RIGHT NOW.

IN THE CITY OF FORT PIERCE, THERE IS NO MINING OR EXCAVATION ALLOWED IN THE CITY. THE CHANCES OF MINIMAL RIGHTS MINERAL RIGHTS BEING AN ISSUE ARE UNLIKELY.

STAFF ACROSS THE BOARD ABOUT THE RESOLUTION AND AUTHORIZE THE RELEASE OF THE MINERAL RIGHTS.

[01:35:02]

>> PLEASE READ THE RESOLUTION. >> YOU NOT TO READ THE WHOLE RESOLUTION IF YOU WANT TO COME I KNOW IN THE CASE, THAT IS WHY I WANTED TO SPARE YOU ALL THE PAIN OF THAT.

>> RESOLUTION NUMBER 2023 Ã06, RESOLUTION OF THE FORT PIERCE UTILITY - - MINERAL RIGHTS BY THE CITY OF FORT PIERCE FLORIDA PURSUANT TO SECTION 270.11 FLORIDA STATUTES PROVIDING FOR

EFFECTIVE DATE. >> I MOVED TO APPROVE 2023 Ã06

. >> I SECOND.

>> PLEASE CALL THE ROLL. >> CLERK:

[J. DIRECTOR]

>> CHAIR: MOVING ON, WE HAVE DIRECTORS NOTES.

>> I HAVE A COUPLE OF NOTES TODAY.

NEXT MONDAY - - WILL BE MEETING WITH THE CONSULTANT TO DISCUSS THE SCHEDULE AN OUTLINE FOR THE STRATEGIC PLANNING SESSION.

PART OF THE PROCESS WILL INCLUDE ONE-ON-ONE SESSIONS WITH THE PLANNER OF EACH BOARD MEMBER AND KEY PERSONNEL.

YOU WILL HAVE MORE INFORMATION AS WEFINALIZE THE DETAILS NEXT WEEK .A LITTLE BIT ABOUT THE ON THE RECRUITMENT FUND, MAY 1 , HR STAFF AND SOME OF OUR INTERNAL STAFF WILL BE GOING TO A MIXTURE OF THESE EVENTS. ON MAY 16, THE SCHOOL DISTRICT OF INDIAN RIVER COUNTY COMMUNITY CAREER FAIR WILL BE HELD AT THE TREASURE COAST TECHNICAL COLLEGE AND WILL BE HIGHLIGHTING THE MECHANIC POSITIONS THAT WE CURRENTLY HAVE VACANT. WE ARE ALSO WORKING WITH BORIS CAMERON OF THE BOYS AND GIRLS CLUB TO ARRANGE EXCITATORY SPIRIT THIS IS BRINGING THE BOYS AND GIRLS CLUB TO OUR FACILITIE ANDGIVING THEM A TOUR .

THAT WILL BE PRETTY INTERESTING.

I KNOW THAT HAS BEEN ACCUSED OF YOURS.

WE ARE ALSO WORKING WITH SYNERGY SCHOOLS ON; TO BRING SOME OF THE FPUA STAFF AND CLEMENT TO THE SCHOOL FOR DEMONSTRATION. WE SPECIFICALLY TARGETING THE BUCKET TRUCKS AND BRING THEM TO THE SCHOOL SO WE CAN TAKE A LOOK AT IT. THIS IS IN THE EARLY PLANNING STAGES SO SUCCESSFUL, WE WILL DEVELOP OTHER SCHOOLS.

THAT IS THE UPDATE ON THE RECORDING FRONT.

DUE TO SCHEDULING CONFLICTS, WE ARE WORKING TO FINALIZE THE BUDGET WORKSHOP DATES. WE ARE LOOKING AT JUNE 2 WHICH IS A - - OF THE BOARD MEMBERS AND COMMISSIONERS.

THAT IS TYPICALLY A JOINT EFFORT.

TODAY, NATURAL GAS PRICES ARE SITTING AROUND $2.20 PER IT WAS AT $3.82, LITTLE HIGHER THAN WAS COUPLE WEEKS AGO, SO THERE ARE NO ADDITIONAL APPROVALS FOR FIXED VOLUMES FOR NATURAL GAS.

THE LAST OF THAT I HAVE HERE SOMETHING THAT IAUTOMATICALLY GET A CHANCE TO MENTION TO YOU , BUT IT IS PRETTY IMPORTANT.

GOMEZ HAS RETIRED AFTER 27 YEARS OF SERVICE.

SOME OF THE BOARD MEMBERS KNOW THAT IS BECAUSE YOU HAVE HAD A CHANCE TO TAKE A TOUR OF THE ENERGY CENTER BUT THE LAST 14 YEARS, HE HAS BEEN THERE IS A PLANT MANAGER.HE HAS RETIRED.

- - WILL SERVE AS INTERIM PLANT MANAGER.

YOU WILL NOT RECOGNIZE THE NAME BECAUSE HE RECENTLY JOINED FM PA AS GENERATION OPERATION DIRECTOR.HE WILL BE INTERIM FOR THE FPUA CENTER AND HE COMES FROM KISSIMMEE UTILITY AUTHORITY. HE OPERATED THE PLANT THAT IS ALMOST IDENTICAL SO HE WILL BE INTERIM TO THE POSITION IS FILLED.THIS IS A CHANCE TO RECOGNIZE THAT FOR AS MANY YEARS OF SERVICE. CONGRATULATIONS TO HIM.

[K. ATTORNEY]

>> CONGRATULATIONS, FOR SURE. >> SOMETHING SPECIFIC TO REPORT FROM THE LEGAL FRONT, IT IS DAY SEVEN OF THE JOB AND I WILL WAIT TO SAY THAT STAFF HAS BEEN PHENOMENAL IN GETTING ME UP AND RUNNING AND GETTING THE INTEGRATED INTO THE ORGANIZATION. I DO REALLY APPRECIATE ALL OF THEM. I APPRECIATE YOU ALL FOR CARVING OUT TIME TO MEET WITH ME TO DISCUSS SOME OF YOUR GOALS AND VISION. I AM VERY EXCITED TO BE A PART OF THE TEAM. I LOOK FORWARD TO SERVING THIS

BOARD AND THE COMMUNITY. >> THANK YOU.

[01:40:01]

>> AFTER SHE HAS ANY FURNITURE YET, JUST A TABLE AND A CHAIR.

>> SHE WAS VERY HAPPY. >> VERY IMPRESSED, THAT CAME TOGETHER IN TWO WEEKS. THAT IS AMAZING.

>> THE NAMES ARE ESCAPING ME BUT THEY MOVED VERY QUICKLY.

>> IS PROBABLY TESTAMENT TO THEM BEING SO EXCITED.

[L. COMMENTS FROM BOARD MEMBERS]

ANYTHING ELSE? >> THAT WAS IT.

JUST FRIDAY AGAIN, I AM INVITING THE BOARD AND FPUA STAFF TO, AND WHEN IS THE KICKOFF OF THE THERAPEUTIC BOTANICAL GARDENS. THIS IS TO HELP OUR CHILDREN, IS ON MAY 5, FRIDAY, MAY 5, STARTING AT 9:00 A.M..

IT'S A GRANT THAT I WROTE TO TEAM DEPOT AT HOME DEPOT OF FORT PIERCE. THEY SUPPORTED IT AND GOT THIS ROLLING. IS TO HELP OUR KIDS WITH MENTAL HEALTH. WE WILL BE OUT THERE CELEBRATING AND PUTTING THE GARDEN TOGETHER TO GO OUT AND

WITNESS. >> I LOVE THAT, SO IT WILL GLAD. GOOD JOB GETTING BETTER ALL THOSE KIDS, GOOD JOB . ANY OTHER COMMENTS?OF COURSE I HAVE A COUPLE OF THINGS. I WANTED TO REITERATE I'M GLAD YOU TOLD US HOW MUCH NATURAL GAS WAS CURRENTLY AT $2.20.TO PUT THAT INTO AN EQUATION FOR THE SOLAR, YOU CHOSE

APPROXIMATELY FIVE DOLLARS? >> FIVE DOLLARS WOULD BE THE

EQUIVALENT RATE. >> OKAY, I FEEL LIKE THAT IS A PRETTY GOOD INVESTMENT. IT IS DEFINITELY MORE THAN

DOUBLE. >> WE ARE TRYING TO DIVERSIFY

OUR PORTFOLIO. >> I DID WANT TO TOUCH ON THE COMMENT WE HAD EARLIER WITH THE MULCHING.

>> THAT IS THE FIRST TIME I HEARD OF IT.

WE WILL WORK WITH CRAIG CRAWFORD TO INVESTIGATE IT AND SEE IF WE CAN GET TO THE BOTTOM OF IT, BUT I'M NOT FAMILIAR WITH THE ISSUE BUT WE WILL GET TO THE BOTTOM.

>> OBVIOUSLY THAT IS NOT NORMAL PPRACTICE.

>> I DON'T THINK SO. I HAD A CHANCE TO TALK TO HER A LITTLE BIT BEFORE HAND THAT THE PROPERTY OWNER ACROSS THE

STREET HAD ASKED FOR IT. >> AND THEY DID NOT USE IT?

>> THEY USED IT BUT DUMPED IT ON THEIR PROPERTY.

WE WILL GET TO THE BOTTOM OF I .

I ONLY HAVE 30 SECONDS OR SO TO SPEND WITH HER BEFORE THE MEETING STARTED. WE WILL LOOK INTO IT AND MAKE

SURE WEFILL YOU IN . >> I WANTED TO CIRCLE BACK TO THE PCA BECAUSE WE DID HAVE A CONVERSATION ABOUT IT, LET'S KNOCK IT DOWN. I WANTED TO JUST SAY I AM GLAD THAT WE CHOSE TO DO THAT. I WOULD LIKE TO CONTINUE DOWN THAT PATH. I WAS NERVOUS THAT IF WE KEPT IT ALL THE WAY TO THE SUMMER AT 34, IT'S HARD.

>> TAKE IT MONTH BY MONTH AND SEE WHERE IT GOES.

>> LIKE WE SAID LAST MONTH, IF WE WENT UP FIVE AT A TIME, WE CAN COME DOWN WITH THE SAME INSTEAD OF HAVING ANY BIG SWINGS. UNLESS WE WIN THE LOTTERY.

IN WHICH CASE, MAYBE WE WILL MOVE THE WATER TREATMENT PLANT FASTER. DO YOU GUYS HAVE ANYTHING?

>> SO LONG AS WE CAN KEEP GOING IN THE DOWNWARD, I THINK YOU WILL BE OKAY. LET'S HOPE THERE WILL BE ANY MARKET INFLUX OR INCREASE IN THE SUMMERTIME LIKE YOU DID LAST YEAR. NOT ON THE LIMITED WOULD BE HAVE APPEAR, I THINK YOU'RE GOING IN THE RIGHT DIRECTION.

>> I THOUSAND OR SO WHEN YOU'RE TALKING ABOUT STORM BARGAINING.

THIS IS A DISCUSSION THAT WE HAVE RECENTLY HAD IN THE LAST COUPLE OF WEEKS. I THINK IT'S INTERESTING THAT

[01:45:06]

OTHER THAN THAT, I THINK I HAVE ANYTHING ELSE.

* This transcript was compiled from uncorrected Closed Captioning.