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10-18-1994 Agreemento cy no MEMORANDUM To: City Council From: John Cook Gentlemen: City of Okeechobee 55 S.E. Third Avenue Okeechobee, Florida 34974 2932.813/763 -3372 re: City /County interlocal utility authority agreement October 18, 1994 I have reviewed the proposed utility authority agreement, and offer the following general observations: 1. The basic agreement is the preliminary framework for the creation of the authority. This agreement establishes the existence of the authority, and outlines the makeup of the board, and its powers. There is no transfer of ownership of City assets until the "closing date which appears to be October, 1995. At any time up to closing, with 90 day notice, either entity can withdraw from the agreement, being liable for expenses incurred up to that point. 2. Of course included in the powers are the very same powers the City can exercise now as a utility provider, including th ability to created bonded debt, and to assess non -ad valorem assessments. The ability to set rates is autonomous, without interference from either government. 3. The framework, as far as setting up how the authority will work, seems to be to be very basic; there are certainly additional items that will have to be discussed and inserted into any final agreement. The document, aside from creating the authority, is also an agreement to make another agreement in the future. The real nuts and bolts of the agreement as far as the City goes will be the "Master transfer agreement which is where the assets of the City will be transferred to the Authority, and our liabilities and equity will be agreed upon. 4. Legally, this interlocal will do what it is intended to do. T. see the Council's efforts should next go to the details necessary for the MTA. Of course, if the council is concerned about how the board will be made up; what power it will have, etc., those areas of concern should be addressed right now, in this interlocal. Even under this agreement however, once the board is in place, they can change the rules as they see fit anyway, without any input from the City, County, or OBWA. page 5. Some areas I saw that bear discussion are: a. The agreement states that the basis for the authority acquiring OBWA is the County franchise agreement with OBWA. In other words, this interlocal recognizes the franchise contract to be legitimate. This is one point in our lawsuit with OBWA; that the franchise contra' is invalid. However, I discussed this with Mr. Lotspeich in Tallahassee, and for purposes of this interlocal agreement, this point would not be an admission by the City; just a vehicle by which the County can transfer their ability to purchase OBWA to the authority, and therefore would not affect our lawsuit if it ever fires up again. b. The agreements states that "..the City has determined that the transfer of the City's utility system to the Okeechobee Utility authority would be in the public interest... However, it would appear under Florida Statutes 180.301, prior to the transfer of the utility system, the City is required to hold a public hearing to justify that it is in the public interest, with a whole list of things we must present at the meeting to meet this burden. c. The agreement authorizes the authority to mandate water and wastewater hook -up by the customers. This arises in the City once in a while when a customer says they do not want City water and we cannot make them hook up. This provision requiring the hook up is legal, and probably a good idea. d. Once this interlocal is approved, an "interim operational agreement" will be set up, and at that point, the authority will have the sole say -so in disputes between the City and OBWA on line extensions, and "other related matters which is a broad statement. Therefore, this power granted to the authority, between this interim agreement and the final closing and transfer of City assets, should be carefully looked at. e. The ability to set rates is also very broad, as it should be. However, the interlocal states that in addition to such money as is necessary to support the system and its debt, the authority can "provide a margin of safety" in its finan This would permit raising rates in their sole discretion, to keep a certain amount of money in reserve. There is no limit or cap set on how much "margin of safety" the board can set, so the question is whether there should be some formula for the amount of the reserve, or just leave it in the discretion of the board and trust their judgment that they will not set the reserve, and of course the rates, too high. page 3 f. The interlocal provides for the "same rates" for county, school district or other political subdivision. I am not sure what this means, but if it has not already been considered, the immunity of school districts from impact fees, by statute, should perhaps be addressed in this interlocal, or a subsequent agreement. g. The agreement provides for liens, and foreclosure, for unpaid utility bills, but does not set out a policy for turn -offs. As you know, this issue pops up every year in the City, and perhaps the intent is to include this in the more comprehensive operating rules to be adopted by the board, once it is established. I would suggest that the authority review the City ordinances and our policies, as well as any other sources they can obtain, in drafting their operating rules. In summary, this interlocal is simply the legal means, authorized by F.S. Chapter 163, by which two governmental agencies can set mutual agreements down in writing. Again, while the basic framework of the authority is set out for your approval, there is still work to do. The course of action would appear tc. t be working on the "interim operating agreement then the wording of the transfer of the City system, and its value. I would assume the operating rules for the authority would be left up to that body once they are in place. Kindest Regards '\1\I John R. Cook City Attorney JRC /rb