FMPA Weekly
A weekly e-newsletter for FMPA members
April 15, 2013
LAST WEEK
Financing Discussions
Members of FMPA’s Finance Department met last Wednesday with representatives from Morgan Stanley to discuss financial market conditions and FMPA’s upcoming finance transactions. Contact: Mark Larson
Public Gas Partners
Public Gas Partners (PGP) met via conference call last Friday to discuss the assignment of Lower Alabama Gas District’s (LG Gas) entitlements in Pools 1, 2 and 3 to the Municipal Gas Authority of Georgia (MGAG). LA Gas is exiting PGP, and members have the option of joining MGAG in assuming its entitlements. Contact: Mark Larson
THIS WEEK
Policy Makers Liaisons Committee
The Policy Makers Liaisons Committee meets Wednesday in Gainesville for its quarterly business meeting and to tour the Gainesville Renewable Energy Center biomass power plant. Lunch will be served at noon. The meeting and tour begins at 1 p.m. RSVP to Sue Utley so that FMPA has an accurate count for lunch and the transportation needed to tour the plant. The full agenda package is available on the Member Portal. Contact: Mark McCain
Board of Directors
The Board of Directors meets Thursday at 10 a.m. at Bushnell City Hall to discuss: 1) approval of the St. Lucie Declaration of Restrictive Covenants, and 2) appointment of a Nominating Committee. The full agenda package is available on the Member Portal. Contact: Nick Guarriello
ARP Executive Committee
The All-Requirements Project Executive Committee meets Thursday at Bushnell City Hall at 10:30 a.m. or immediately following the Board of Directors meeting to discuss: 1) approval of increased spending authorization for Florida Keys import transmission improvements, 2) approval of renewing the ARP Conservation Program and funding level for fiscal 2014, 3) approval of a revised Debt Risk Management Policy, 4) approval of ARP Contract Schedule A administration determination for Crystal River Unit 3 as an excluded power supply resource, and 5) approval of increases to the ARP property insurance deductibles and to the self-insurance fund balance. The full agenda package is available on the Member Portal. Contact: Nick Guarriello
2013 Florida Lineman Competition
The Florida Municipal Electric Association (FMEA) hosts the 13th Annual Florida Lineman Competition Friday and Saturday in Jacksonville. More than 100 lineworkers are expected to compete. Awards will be given to the top three finishers in the apprentice and team categories. For the winner in each category, FMPA will contribute money toward travel expenses so the top apprentice and team can participate in the national competition. Visit registrationhttp://www.fmpa.com/index.php/component/registrationpro/?view=event&did=53>registration; is required. Contact: Sharon Smeenk
APPA Business & Financial Conference
FMPA and the Florida Municipal Electric Association are co-hosting the American Public Power Association’s websitehttp://www.publicpower.org/BandF/index.cfm?ItemNumber=30529&navItemNumber=30536>website; for more information.
INDUSTRY NEWS
House Committee Approves Repeal of Nuclear Cost Recovery
The Florida House Energy and Utilities Subcommittee approved a bill (HB 7167) last Thursday that would overtu a 2006 law and prevent electric utilities from charging customers for the development of nuclear plants. The bill is similar to a Senate version (SB 1472) requiring that federal licenses be obtained for nuclear plants before costs for land acquisition, planning and construction can be collected. HB 7167 places a moratorium on new requests for nuclear cost recovery. Both bills will most likely be heard this week in their next committees of reference and be ready for floor action shortly thereafter. Florida’s investor-owned utilities opposed the bills.
FMPA Weekly is published by FMPA for employees and goveing boards of FMPA member utilities. Questions or comments about this newsletter may be directed to Ryan Dumas or Allison Briggs in FMPA’s Public Relations Department.
Want more background on the names and terms used in this newsletter? Check out FMPA’s Glossary, which features some of the most frequently mentioned committees, companies, places and terms, or contact the person named in each FMPA story to lea more. (Click here for the Staff Directory.)
Have a question, comment or story idea for the newsletter? FMPA welcomes your feedback at any time. Contact: Ryan Dumas or Allison Briggs
Florida Municipal Power Agency
8553 Commodity Circle
Orlando, FL 32819-9002
Tel 407 355-7767
Fax 407 355-5794
http://www.fmpa.com/>www.fmpa.com
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