[MEETING TO ORDER]
[00:00:08]
>>> GOOD AFTERNOON. I WOULD LIKE TO CALL THE FT.
PIERCE FOR THIS MAY 6, 2025. WE HAVE THE PLEDGE OF
ALLEGIANCE. >> GOOD AFTERNOON.
IF YOU GUYS WILL PRAY WITH ME. WE THANK YOU FOR BEING HERE.
FOR THE STAFF AND BOARD AS WE DISCUSS THESE IMPORTANT ISSUES THAT IMPACT FT. PIERCE. WE ASK YOU BLESS THE CITY.
WE ASK ALL THIS IN JESUS' NAME,
>> I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA, AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION, UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.
>> MR. CHAIRMAN, I WOULD LIKE TO SAY WE HAVE ACHIEVED DECORUM. WE HAVE FOUR VOTING MEMBERS WHICH MEETS THE REQUIRED THREE MEMBERS, AND ONE OTHER MEMBER
[A. SET THE AGENDA]
HAS EVERYBODY HAD A CHANCE TO LOOK AT THE AGENDA? CAN I HAVE A MOTION TO SET THE AGENDA?
>> SECOND. >> PLEASE CALL THE ROLL.
>> YES, MA'AM. NOW WE'RE TURNING TO THE PUBLIC COMMENT SECTION OF TODAY'S MEETINGS. IF ANYBODY WISHES TO STEP FORWARD TO MAKE ANY COMMENTS, PLEASE DO SO AT THE PODIUM. STATE YOUR NAME AND ADDRESS.
YOU HAVE TWO MINUTES TO SPEAK. I'M SEEING NO MOVEMENT.
SO WE WILL CLOSE THE PUBLIC COMMENT SECTION OF TODAY'S
[C. APPROVAL OF MINUTES:]
MEETING, AND WE'LL MOVE ONTO THE APPROVAL OF THE MINUTES AS THE MEMBERS OF THE BOARD HAD A CHANCE TO REVIEW THE MINUTES.[D. CONSENT AGENDA]
>> YES, MA'AM. WE MOVE ONTO THE CONSENT AGENDA.
WE'RE NOTICING THAT MS. DAVIS IS ABSENT.
OTHER THAN ITEM NUMBER 1, DOES ANYBODY ELSE WISH TO ADDRESS ANY OF THE ITEMS ON THE CONSENT AGENDA? IF NOT, CAN I HAVE A MOTION?
[E.1. GRIP GRANT-SOPO TASK 4.0-SUBSTATION RING BUS CONFIGURATION]
>> MRS. GIBBONS. >> YES, MA'AM.
>> YES, MA'AM. WE'LL TURN TO OUR REGULAR AGENDA. MR. CISNEROS.
>> GOOD AFTERNOON, MR. CHAIRMAN, AND MEMBERS OF THE BOARD. THE FIRST ITEM THIS AFTERNOON IS A REQUEST FOR THE APPROVAL OF CAPITAL BUDGET INCREASE FOR OUR SUBSTATION RING BUS PROJECT. THE PROJECT IS FULLY FUNDED BY THE GRIP GRANT.
ERIC MEYER WILL COVER THIS ITEM.
>> THANK YOU, MR. CISNEROS. GOOD AFTERNOON, MEMBERS OF THE BOARD. RESILIENCE DEPARTMENTS ARE THE USE OF DEPARTMENT OF ENERGY'S EFFORTS FOR GDO TO ENHANCE GRID FLEXIBILITY AND ENHANCE THE WEATHER THREATS. THE PROGRAM AIMS TO PREVENT OUTAGES, TO PREVENT GRID FLEXIBILITY.
THE GRIP GRANT APPLICATIONS IN NOVEMBER OF 2022.
FPUA SUBMITTED THE GRAND ON APRIL 6, 2023, AND RECEIVED NOTICE OF APPLICATION ACCEPTANCE ON OCTOBER 23, 2023.
THE GRANT WAS APPROVED BY THE FPUA BOARD FOR ACCEPTANCE ON OCTOBER 24, 2024. THE GRANT APPLICATION INCLUDES AUTO TRANSFORMERS, UPGRADE SUBSTATION PROTECTION SYSTEMS, AND ENHANCED DISTRIBUTION LINE PROTECTION. THIS PURCHASE REQUEST IS FOR UPGRADING THE SUBSTATION PROTECTION SYSTEMS. ÚSPECIFICALLY RELAYS FOR THE TOTTEN SUBSTATION.
RELAYS ARE TO PROTECT THE SYSTEM FROM DAMAGE CAUSED BY PHYSICAL CONTACT SUCH AS LIGHTNING OR FREE DEBRIS. WITHOUT THEM, THE SYSTEM CAN FAIL PREMATURELY AS ITS EXPECTED LIFE WILL BE SHORTER. RELAYS ARE VITAL AND NECESSARY ÷÷COMPONENTS TO PROTECT SUBSTATION DEVICES SUCH AS POWER TRANSFORMERS AND CIRCUIT BREAKERS. THEY ARE WORLD- RENOWNED FOR THEIR RELIABILITY AND WARRANTY ON THE RELAYS THEY MANUFACTURE. BY UTILIZING THESE RELAYS, FPUA WILL CONTINUE TO BE CONSISTENT ACROSS ITS POWER GRID FOR THIS NEW SUBSTATION UPGRADE AS THESE VARIOUS RELAYS ARE USED FOR SIMILAR PROTECTION SCHEMES ON OTHER FPUA SUBSTATIONS.
FPUA HAS NOT HAD ANY ISSUES WITH THESE RELAYS SINCE THEIR INITIAL INSTALLATION ON THE POWER GRID. IN ADDITION, THIS REQUEST HAS BEEN DESIGNATED AS A FULLY REIMBURSABLE PURCHASE THROUGH THE GRIP GRANT, HOWEVER SOME OF THE FUNDING FOR THIS HAS BEEN PLACED IN FUTURE FISCAL YEARS OF
[00:05:02]
THE 2025 CAPITAL IMPROVEMENT PLAN.THEREFORE, STAFF IS NEEDING SOME OF THIS GRANT FUNDING TO BE TRANSFERRED FROM FUTURE FISCAL YEARS INTO FISCAL YEAR 2025 TO MAKE THIS PURCHASE.
FOR WHICH BOARD APPROVAL WOULD BE REQUIRED.
FPUA STAFF IS REQUESTING APPROVAL OF AN INCREASE TO THE CAPITAL BUDGET OF $20,000 FOR FISCAL YEAR 2025 IN GRANT FUNDING.
FOR THIS PURCHASE, AND THE SOLE SOURCE PURCHASE OF 25 ELECTRONIC RELAYS WITH THE ENGINEERING LABORATORIES INCORPORATED OF PULLMAN, WASHINGTON, IN AN AMOUNT NOT TO EXCEED $214,480.18.
THIS PURCHASE HAS BEEN IDENTIFIED AS BEING FULLY REIMBURSABLE IN THE GRIP GRANT BY THE U.S. DEPARTMENT OF ENERGY.÷÷I CAN TAKE ANY QUESTIONS FROM YOU AT THIS TIME.
>> HOW LONG WILL IT TAKE FOR THEM TO REIMBURSE US?
>> UM, I -- I THINK WE'RE WORKING ON THAT RIGHT NOW WITH THE U.S. DEPARTMENT OF ENERGY, AND I BELIEVE THERE'S A -- I DON'T WANT TO SAY FREEZE, BUT THERE'S A -- A DELAY, I THINK RIGHT NOW ON THE -- SOME OF THE ITEMS, BUT I THINK --
>> WE'RE NOT SURE WHAT THAT'S GOING TO LOOK LIKE.
THAT WHOLE LANDSCAPE IS CHANGING QUITE A BIT AT THE FEDERAL LEVEL.
I WILL SAY THAT WE DID RECEIVE OUR 25-POINT- SOMETHING MILLION DOLLAR CHECK FOR THE WASTE WATER LAST WEEK. THAT WAS A HUGE MILESTONE. SOME OF THE CHECKS ARE ROLLING IN, BUT IF THERE'S ANYTHING SPECIFIC, I'M SURE RACHEL CAN --
>> WE DON'T FORSEE THIS SOMETHING THAT'S NOT GOING TO BE PAID OUT? IT SEEMS TO BE CRITICAL INFRASTRUCTURE NEEDS AS OPPOSED TO SOME OF THE OTHER ITEMS THAT ÷÷WE MIGHT HEAR ON NATIONAL NEWS.
>> IT'S HARD TO SAY. I THINK -- I'M NOT GOING TO GUARANTE ANYTHING, BUT I THINK INFRASTRUCTURE PROJECTS ARE PROBABLY ON THE SAFER SIDE OF THAT LIST.
>> IF I MAY, JUST FOR THE RECORD, WE HAVE HAD THESE CONVERSATIONS WITH THE DEPARTMENT OF ENERGY. ANY FREEZES ARE ON CONTRACTS THAT ARE NOT ALREADY IN PLACE.
OURS IS ALREADY IN PLACE, AND SO THE REIMBURSEMENT PROCESS WILL BE AS NORMAL. SO WE WILL INCUR THE EXPENSE AND THEN ON A QUARTERLY BASIS, WE CAN SUBMIT THE REQUEST FOR REIMBURSEMENT, AND THEN FROM THAT POINT, IT ROUTES LIKE NORMAL THROUGH A GRANT WHICH THOSE, YOU KNOW, THE GRANTERS CAN VARY, AND WE HAVEN'T RECEIVED ANY YET FROM THEM, BUT WE HAVEN'T SUBMITTED ANY YET EITHER, BUT THERE'S NOT -- ACCORDING TO OUR GRANTOR, THIS PROJECT IS SECURE.
>> ANY OTHER QUESTIONS OF THE BOARD?
>> I HAVE ONE QUESTION.÷÷IT'S JUST FOR CLARIFICATION. THIS GRIP GRANT WILL MAKE THE SYSTEM MORE RELIABLE. SO THERE WILL BE LESS OUTAGES.
>> YES. YES, THAT'S RIGHT. THESE PROJECTS THAT WE'VE --
>> THE CUSTOMER WANTS TO KNOW ÷÷WHAT THIS WILL DO THEORETICALLY, PROTECT THE SYSTEM FROM MORE OUTAGES. IS THAT CORRECT?
>> YES, MA'AM. THERE'S FOUR DIFFERENT TASKS THAT WE'VE IDENTIFIED AS PART OF THIS GRANT.
IT'S UPGRADING POWER TRANSFORMERS, AUTO TRANSFORMERS, AND THEN SUBSTATION PROTECTION SYSTEMS AND DISTRIBUTION AND LINE PROTECTION. WE'RE KIND OF DOING A MULTI- PRONGED ATTACK IF YOU WILL ON THE GRID TO MAKE IT MORE SECURE, AND PREVENT OUTAGES.
[E.2. Amendment No. 3 to Substation Transformer Replacements - Services, Equipment, and Parts]
MR. CHAIRMAN, THE NEXT ITEM IS ALSO GOING TO BE COVERED BY ERIC.IT IS A REQUEST TO APPROVE AN AMENDMENT NUMBER 3 FOR THE REPLACEMENT OF THE FOUR TRANSFORMERS.
THIS AS ERIC JUST MENTIONED A MINUTE AGO. WE HAVE TRANSFORMERS AT THE INCOMING SUBSTATIONS AND THEN WE HAVE TRANSFORMERS AT THE DISTRIBUTION SUBSTATIONS AND THIS IS PART OF THAT. THIS PROJECT IS PARTIALLY FUNDED THROUGH THE DEPARTMENT OF ENERGY AND GRIP GRANT, AND ERIC WILL PRESENT THIS ITEM.
>> THANK YOU, MR. CISNEROS, AND ÷÷GOOD AFTERNOON AGAIN, MEMBERS OF THE BOARD. ON NOVEMBER 5, 2019, THE BOARD APPROVED THE CONTRACT WITH ABB ENTERPRISE SOFTWARE TO SUPPLY FPUA WITH TRANSFORMERS OVER A SIX- YEAR PERIOD.
THEY HAVE INSTALLED 2 OF THE 6 TRANSFORMERS SINCE. THE PROJECT WAS PLACED ON INDEFINITE HOLD AFTER THE SECOND TRANSFORMER WAS INSTALLED DUE TO MARKET VOLATILITY AND INSTABILITY BEGINNING DURING THE COVID- 19 PANDEMIC.
THE LAST TRANSFORMER WAS PROCURED IN 2021.
ADDITIONALLY, THEY HAVE SINCE CHANGED THEIR NAME TO HITACHI ENERGY USA INCORPORATED DURING THIS PERIOD.
SINCE THIS LAST INSTALLATION, FPUA HAS IED FOR AND WAS AWARDED A GRID RESILIENCE AND INNOVATION PARTNERSHIPS GRIP GRANT.
THEY REPLACE DISTRIBUTION POWER TRANSFORMERS, UPGRADE
[00:10:01]
PROTECTION SYSTEMS, AND ENHANCE DISTRIBUTION LINE PROTECTION. THIS PURCHASE IS FOR THE REPLACEMENT OF DISTRIBUTION POWER TRANSFORMERS. THIS CONTRACT WITH HITACHI ENERGY WILL ORDER THE POWER UNDER THE GRANT AND CLOSE OUT THE CONTRACT.AS PART OF THE GRIP GRANT REWARD POSITIONS, THEY MUST REWARD THIS PURCHASE.÷÷THE MATCH IS PROPOSED TO BE ADMITTED UPON DELIVERY SCHEDULED FOR FISCAL YEAR 2027.
THIS HAS BEEN DESIGNATED AS THE SIGNIFICANT MAJORITY REQUIRED UNDER THE GRIP GRANT CONDITIONS.
STAFF IS REQUESTING APPROVAL OF AMENDMENT NUMBER 3 TO THE SUBSTATION REPLACEMENTS, SERVICES AND EQUIPMENT AND PARTS CONTRACT WITH HITACHI ENERGY ÷÷USA. AND WE COULD NOT EXCEED THE AMOUNT ON SUBSTATION REPLACEMENTS TO $3,790,740 ON THE TRANSFORMER SERVICES, TO $424,400, AND EXCEED THE CONTRACT TERM THROUGH DECEMBER 31, 2027, RECEIVING THE REQUIRED SIGNIFICANCE. I CAN TAKE ANY QUESTIONS AT THIS TIME.
IT DOES NOT GIVE WHICH SUBSTATION THESE ARE GETTING ALLOTTED TO. WHERE ARE THESE GOING?
>> THESE ARE GOING TO THREE SUBSTATIONS TO REPLACE FOUR TRANSFORMERS.
WE HAVE TWO BEING REPLACED AT OUR LONGMAN, ONE AT OUR SAVANNAH SUB, AND ONE AT OUR KING
>> THE PREVIOUS TWO WERE ACTUALLY REPLACED AT KING AND SAVANNAH. SO BY COMPLETING THIS TRACT, WE'LL HAVE THREE WITH ALL NEW TRANSFORMERS.
>> WHAT'S THE LIFE SPAN ON THOSE TRANSFORMERS? 20 YEARS? ASSUMING THEY SURVIVE LIGHTNING.
>> IT VARIES, BUT TYPICALLY THE STANDARD IS 25 YEARS, DEPENDING ON HOW WELL WE MAINTAIN THEM.
WE CAN GO FOR LONGER THAN THAT, BUT REALLY 25 YEARS IS WHEN WE SHOULD BE LOOKING INTO REPLACING THE UNIT.
>> THIS UNITS WE HAVE HAD IN SERVICE FOR 35 TO 40 YEARS, THEY HAVE BEEN LIGHTLY LOADED.
I DON'T WANT TO SAY LIGHTLY LOADED, BUT BELOW CAPACITY, AND WHEN YOU GET TO THAT KIND OF AGE, YOU REALLY HAVE TO START PLANNING FOR REPLACEMENT. I MEAN, WE -- AND ALSO IN ADDITION TO THE 35 TO 40- YEAR AGE OF THE TRANSFORMERS, WE'VE ALSO -- THERE ALSO ARE MUCH MORE LOADED NOW.
SO AS IT WORKS HARDER, IT DEPRECIATES, AND IT --
>> THESE NEW TRANSFORMERS, I SHOULD MENTION ARE INCREASING IN CAPACITY.
THEY ALLOW US FOR MORE POWER FLEXIBILITY, AND LOADABILITY AS WELL.
>> THAT'S WHAT MY NEXT QUESTION WAS.
ARE THESE TRANSFORMERS GOING TO HELP US WITH GROWTH IN THE FUTURE?
>> I THINK THEY'RE GOING UP BY 20%, 30%.
>> 30% FOR EACH TRANSFORMER SO WE HAVE TWO AT EACH SUBSTATION.
>> MR. CHAIRMAN, SO WE'RE COMMITTING $2.58 MILLION IN THE FUTURE IN 2027.
SO THAT HAS TO BE IN THE BUDGET, RIGHT? IS THAT PART OF THE BONDING OR IS THAT PART OF -- THAT WO WOULD BE PART OF RATES.
>> WE ARE -- WE ARE CURRENTLY PREPARING OUR BUDGET, FOR THE BUDGET WORKSHOP THAT I'LL TALK ABOUT IN A MINUTE. WE'RE PLANNING THAT FOR THE NEXT FIVE YEARS.
>> ANYTHING ELSE? NEED A MOTION.
>> YES, MA'AM. >> MRS. IBBONS.
[E.3. Resolution No. UA 2025-08 PNC Corporate Banking]
>> MR. CHAIRMAN, THE -- THE LAST ITEM THIS AFTERNOON IS A REQUEST TO APPROVE RESOLUTION 2025-008 TO UPDATE SIGNATURE AUTHORITIES FOR -- FOR THE BANKING PERMISSION THAT PERMISSIONS THAT WE HAVE WITH OUR BANKS. THIS AGENDA ITEM FOR OTHER BANKS THAT HAVE GONE IN THE CONSENT AGENDA, BUT SINCE WE HAD PUBLISHED IT ON THE REGULAR AGENDA, I DIDN'T WANT TO MOVE IT AROUND.
THIS IS AN ADMINISTRATIVE ITEM, ESSENTIALLY IT'S MAKING MICHELE THE NEW SIGNATORY FOR OUR BANKS AS BARBARA RETIRES AND MICHELE IS OFFICIALLY IN THAT ROLE NOW.
>> I TRUST YOU'RE ON IT AND MR. RETHERFORD AS WELL?
>> AND MICHELE AND I ARE -- MR. RETHERFORD, MYSELF, AND MICHELE, AND THEN A COUPLE OF THE OTHER BANKS REQUIRE SOME OTHER SIGNATURES. SO WE HAVE MR. HUTCHINSON ON IT TOO, AND I DON'T REMEMBER WHICH OTHER THE MAKEUP IS.
>> I THINK WE NEED A READING OF THE RESOLUTION.
[00:15:05]
>> RESOLUTION NUMBER UA, ÷÷COLLECTIVE BANKING RESOLUTION. WITH PNC BANK TO UPDATE SIGNATORIES, SIGNATURES, AND ADOPT CORPORATE BANKING RESOLUTION, AUTHORIZING THE NEW CHIEF FINANCIAL OFFICER, IN BANKING PERMISSIONS. THAT'S IT.
>> IS THERE ANY NEED FOR DISCUSSION ON THE RESOLUTION? IF NOT, CAN I HAVE A MOTION TO APPROVE?
[F. DIRECTOR COMMENTS]
>> YES, MA'AM. DIRECTORS' COMMENTS?
>> TWO VERY QUICK COMMENTS. THE FIRST IS SINCE WE WERE TALKING ABOUT THE GRIP GRANT, WE HAVE A PRESENTATION FOR THE JUNE MEETING.
WE'LL BE TALKING ABOUT THE GRIP GRANT BECAUSE THERE'S A LOT ÷÷HAPPENING THERE, AND INTEREST AT THE FEDERAL AND STATE LEVEL. THAT WILL BE A GOOD PRESENTATION FOR THE UTILITY ADVISER COMMITTEE, AND WE'LL AT SOME POINT GIVE A PRESENTATION TO THE BOARD AS WELL BECAUSE THERE IS A LOT HAPPENING THERE.
THE LAST THING I HAVE IS THE NEXT MEETING, OUR NEXT MEETING WILL BE OUR BUDGET WORKSHOP AT THE ENERGY SERVICES CENTER ON MAY 20TH. WE EXPECT TO START AT 9:00 AND ÷÷GO TO ABOUT NOON WHERE WE WILL BREAK FOR LUNCH BEFORE MOVING TO OUR BOARD MEETING IN THE AFTERNOON. BOTH THE BUDGET WORKSHOP WILL BE A FULL LOAD AND IN THE AFTERNOON÷÷WE HAVE QUITE A BIT OF AN AGENDA ITEM.
JUST TRYING TO KEEP THE BUSINESS MOVING AT FPUA.
WE WILL BE SERVING BREAKFAST AS WELL.
SO WE'LL HAVE BREAKFAST AND LUNCH PROVIDED AND I'LL MAKE MY ROUNDS AS WE PUBLISH THE WORKSHOP AGENDA.÷÷THAT'S ALL I HAVE FOR THE BOARD
TODAY. >> WHERE IS THE MEETING GOING TO BE AT?
>> THE ENERGY SERVICES CENTER.
>> I'LL BE PLANNING TO DO OUR ÷÷BOARD MEETING AT NORMAL TIME FOR
IT. >> WE WOULD DO IT RIGHT AFTER LUNCH, SO WE CAN -- THERE'S NO GAP IN TIME. THAT WAY WE CAN --
>> YOU CAN USE YOUR TIME OFFICIALLY.
>> OUR CALENDARS SAY 9:00 TO 95 5:00. DO YOU EXPECT THAT?
>> I HOPE NOT. GRISEL AND I WERE TALKING ABOUT, THE BOARD MEETING WOULD HAPPEN RIGHT AFTER LUNCH.
WE'LL NOTE THAT IT WILL HAPPEN ÷÷AT THE CONCLUSION OF THE BUDGET WORKSHOP LUNCH.
>> ALL RIGHT. AND MOVING ONTO THE
[H. BOARD MEMBER COMMENTS:]
ATTORNEY'S COMMENTS.>> NOUN FOR >> NONE FOR YOU THIS WEEK.
>> I WOULD LIKE TO THANK FPUA FOR COMING OUT TODAY FOR OUR KIDS AT HOPE, CHEERING OUR CHILDREN ON TODAY. OUR FIFTH GRADERS WHICH IS MY STUDENTS, THE ELA TEST WAS GIVEN TODAY, PM3, AND THEY WERE SO EXCITED TO SEE EVERYONE.
SO THANK YOU ALL, AND I JUST AM SO OVERJOYED THAT YOU ALL POURED INTO THEM. THANK YOU.
>> MR. CHAIRMAN, THE LEGISLATURE HAS ADJOURNED, AND I WAS GOING TO ASK THE ATTORNEY, SO THE UTILITY LEGISLATION THAT PASSED AND FAILED, I WOULD LIKE TO HEAR A LITTLE BIT ABOUT THAT.
>> OH, SURE. DO YOU WANT ME TO PULL UP THE LIST FOR YOU? I THINK NUMBER ONE ON YOUR LIST IS PROBABLY THE FLUORIDE PROHIBITION ON FEEDING OF FLUORIDE OR DEFINITION OF WATER QUALITY ADDITIVE.
THAT BILL IS ON THE GOVERNOR'S DESK.
IT HASN'T YET BEEN SIGNED, BUT WE'RE ASSUMING THAT THAT WILL MOVE THROUGH.
>> THERE ARE A COUPLE OF OTHER BILLS WE WERE WATCHING.
THE SOVEREIGN IMMUNITY BILL WHICH INCREASED THE CAPS.
THAT NEVER WENT ANYWHERE. SO THAT EFFECTIVELY DIED.
>> OH, IT WAS A SIGNIFICANT INCREASE.
>> IT WENT UP TO $1.3 MILLION, AND THEN IT HAD A COMPROMISE AND THEN -- BUT IT STAYED THE SAME.
THAT'S THE IMPORTANT THING. RIGHT NOW
IT STAYED THE SAME. >> THE SOVEREIGN IMMUNITY CAP CONTINUED TO BE AT $300,000 PER CURRENT. ANOTHER BILL PASSED THROUGH THAT INCREASED PENALTIES FOR ASSAULT ON UTILITY WORKERS, WHICH IS A WIN FOR US.
IT PUTS ANOTHER STANDARD FOR YOUR -- IT KEEPS YOUR STAFF SAFER OR AT LEAST THERE'S HARSHER PENALTIES FOR WHEN SOMEBODY DOES ASSAULT THEM, AND THEN FINALLY THE OTHER ONE -- WE WERE WATCHING, BUT WE WEREN'T TOO INVESTED IN WAS THE -- THE FUND TRANSFER BILL WHERE IT WAS RESTRICTING THE CAP FOR THE TRANSFER, AND YEAH.
>> THAT DIDN'T PASS. THE FLORIDA LEAGUE OF CITYS WAS INTERESTED IN, THAT BUT FOR US, IT WOULDN'T HAVE AFFECTED US. IT WAS A PREEMPTION.
>> EVEN IF IT DID, IT DIDN'T HAVE TOO MUCH OF AN
[00:20:02]
IMPACT ON OUR COMMUNITY.YES, IT WOULD HAVE IMPACTED OTHER MORE RURAL COMMUNITIES.
>> AND WHERE THE UTILITY IS UNDERNEATH THE CITY?
>> CORRECT. SO THOSE WERE THE ONES WE WERE KEEPING AN EYE ON.
>> THOSE WERE THE BIG ONES. THANK YOU VERY MUCH.
>> THAT'S IT. >> THE GOVERNMENT DOESN'T WASN'T TO BE SUED FOR $1 MILLION. IMAGINE THAT.
OKAY. NO OTHER BUSINESS? WE'RE ADJOURNED.
* This transcript was compiled from uncorrected Closed Captioning.