FMPA Weekly A weekly e-newsletter for FMPA members Oct. 1, 2012 LAST WEEK AROC Meeting FMPA’s Audit and Risk Oversight Committee met last Thursday and approved statement of financial accounting standards #71 transactions. The Committee also recommended modifications to ISDA agreements and associated amendments and swap contracts to FMPA’s Board […]
FMPA Weekly A weekly e-newsletter for FMPA members Sept. 24, 2012 LAST WEEK Finance Team FMPA’s Finance Team met last Monday via conference call with Nat Singer, FMPA’s swap advisor. Discussion topics included: 1) whether or not to proceed with public tender offers for St. Lucie and Stanton II project […]
FMPA Weekly A weekly e-newsletter for FMPA members Sept. 17, 2012 LAST WEEK Debt Restructuring FMPA closed last Wednesday on the sale of $136 million of St. Lucie and Stanton II bonds. FMPA’s Board of Directors approved the refinancing at its August meeting to secure an economical interest rate […]
FMPA Weekly A weekly e-newsletter for FMPA members Sept. 10, 2012 LAST WEEK Maximo Workshop FMPA hosted a workshop last week to discuss Maximo, the enterprise asset management system used by its power plants. A representative from Maximo met with FMPA staff and plant personnel from Cane Island Power Park, […]
FMPA Weekly A weekly e-newsletter for FMPA members Sept. 4, 2012 LAST WEEK Audit and Risk Oversight Committee FMPA’s Audit and Risk Oversight Committee met last Thursday to discuss informational items including: 1) the status of the fiscal 2011 management letter comments, 2) the audit of fiscal 2010 and fiscal […]
FMPA Weekly A weekly e-newsletter for FMPA members Aug. 27, 2012 LAST WEEK Storm Recovery Services Available The 2012 Atlantic hurricane season heated up last week with the threat from Tropical Storm Isaac. FMPA would like to remind members about two storm-related service contracts available through the Member Services Department. […]
FMPA Weekly A weekly e-newsletter for FMPA members Aug. 20, 2012 LAST WEEK Winter Park Approves Interlocal Agreement Winter Park City Commissioners approved joining FMPA last Monday and authorized Mayor Kenneth Bradley to sign the Interlocal Agreement. Winter Park established its own municipal utility and began serving customers […]
FMPA Weekly A weekly e-newsletter for FMPA members Aug. 13, 2012 LAST WEEK Distribution Reliability Measurement Program Newberry recently joined FMPA’s Distribution Reliability Measurement Program becoming the 24th participant. The program collects reliability data monthly from municipal utilities. Participating utilities submit data and receive a monthly report that […]
FMPA Weekly A weekly e-newsletter for FMPA members Aug. 6, 2012 LAST WEEK Audit and Risk Oversight Committee ARP Executive Committee Chairman Howard McKinnon appointed Fort Pierce Utilities Authority (FPUA) Director of Utilities Bill Thiess to FMPA’s Audit and Risk Oversight Committee. Bill replaces Tom Richards, who retired from FPUA […]
FMPA Weekly A weekly e-newsletter for FMPA members June 30, 2012 LAST WEEK FMPA Reunion Records Public Power History Founders and early leaders of FMPA re-united last week to share their stories about the history of FMPA. The 24 reunion participants were interviewed on videotape last Wednesday. The resulting footage […]