Senate Bill sb2668

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    Florida Senate - 2004                                  SB 2668

    By Senator Atwater





    25-1656A-04                                        See HB 1583

  1                      A bill to be entitled

  2         An act relating to water and wastewater

  3         utilities; amending s. 163.01, F.S.; revising

  4         provisions for a separate legal entity to

  5         acquire, own, construct, improve, operate, and

  6         manage or finance certain public facilities;

  7         providing for petition to the Public Service

  8         Commission of the action or binding arbitration

  9         for certain changes; defining "host

10         government," "separate legal entity," "system,"

11         and "utility"; requiring certain notice to the

12         commission and host government by the separate

13         legal entity that seeks to acquire any utility;

14         providing procedures for the host government to

15         accept or reject the proposal; requiring the

16         separate legal entity to accept the host

17         government as a member upon adoption of a

18         membership resolution by the host government;

19         providing for the two parties to enter into

20         negotiations to complete the utility

21         acquisition agreement; providing for the

22         separate legal entity to proceed with the

23         acquisition if the host government does not

24         act; providing for petition to the commission

25         to consider whether the action is in the public

26         interest; providing for review and approval by

27         the host government of rates, charges, customer

28         classifications, terms of service, and changes

29         to financing; providing procedures for changes

30         in rates, charges, customer classifications,

31         terms of service, and financing; requiring

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1         notice of the proposed change; providing for

 2         negotiations to resolve concerns of the host

 3         government; providing for binding arbitration

 4         by the commission; requiring the commission to

 5         develop and adopt administrative rules

 6         governing the arbitration process and

 7         establishing fees; requiring any transfer or

 8         payment by the separate legal entity to a

 9         member or other local government to be solely

10         from user fees or other charges or revenues

11         generated from customers that are physically

12         located within the jurisdictional or service

13         delivery boundaries of the member or local

14         government receiving the transfer or payment;

15         authorizing a host government to acquire any

16         utility or utility system that it hosts that is

17         owned by the separate legal entity; providing

18         for limitation of powers and authority of the

19         separate legal entity by the terms and

20         conditions of the utility acquisition

21         agreement; amending s. 120.52, F.S.; revising

22         the definition of "agency" to include a

23         separate legal entity for purposes of the

24         Administrative Procedure Act; amending ss.

25         367.021 and 367.071, F.S.; revising the

26         definition of "governmental authority" to

27         exclude a separate legal entity for purposes of

28         the Water and Wastewater System Regulatory Law;

29         creating s. 367.0813, F.S.; clarifying state

30         policy that gains or losses from a purchase or

31         condemnation of a utility's assets that results

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1         in the loss of customers served by such assets

 2         and the associated future revenue streams shall

 3         be borne by the shareholders of the utility;

 4         providing for severability; providing for

 5         application; providing an effective date.

 6  

 7  Be It Enacted by the Legislature of the State of Florida:

 8  

 9         Section 1.  Paragraph (g) of subsection (7) of section

10  163.01, Florida Statutes, is amended to read:

11         163.01  Florida Interlocal Cooperation Act of 1969.--

12         (7)

13         (g)1.  Notwithstanding any other provisions of this

14  section, any separate legal entity created under this section,

15  the membership of which is limited to municipalities and

16  counties of the state, may acquire, own, construct, improve,

17  operate, and manage public facilities, or finance facilities

18  on behalf of any person, relating to a governmental function

19  or purpose, including, but not limited to, wastewater

20  facilities, water or alternative water supply facilities, and

21  water reuse facilities, which may serve populations within or

22  outside of the members of the entity. Notwithstanding s.

23  367.171(7), any separate legal entity created under this

24  paragraph is not subject to Public Service Commission

25  jurisdiction unless the host government or at least 10 percent

26  of the customers of the utility system being acquired file a

27  petition with the commission seeking approval of the

28  acquisition of the utility system by the separate legal entity

29  and seeking binding arbitration by the commission of proposed

30  changes to the initial or subsequent rates and charges of the

31  separate legal entity. The separate legal entity and may not

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1  provide utility services within the service area of an

 2  existing utility system unless it has received the consent of

 3  the utility.

 4         2.  For purposes of this paragraph, the term:

 5         a.  "Host government" means either the governing body

 6  of the county, if the largest number of equivalent residential

 7  connections currently served by a system of the utility is

 8  located in the unincorporated area, or the governing body of a

 9  municipality, if the largest number of equivalent residential

10  connections currently served by a system of the utility is

11  located within that municipality's boundaries.

12         b.  "Separate legal entity" means any entity created by

13  interlocal agreement the membership of which is limited to two

14  or more municipalities or counties of the state but which

15  entity is legally separate and apart from any of its member

16  governments.

17         c.  "System" means each separate water or wastewater

18  facility providing service.

19         d.  "Utility" means a water or wastewater utility and

20  includes every person, separate legal entity, lessee, trustee,

21  or receiver owning, operating, managing, or controlling a

22  system, or proposing construction of a system, who is

23  providing, or proposes to provide, water or wastewater service

24  to the public for compensation.

25         3.  A separate legal entity that seeks to acquire any

26  utility must notify the Public Service Commission and the host

27  government in writing by certified mail about the contemplated

28  acquisition not less than 30 days before any proposed transfer

29  of ownership, use, or possession of any utility assets by such

30  separate legal entity. The potential acquisition notice must

31  be provided to the legislative head of the governing body of

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1  the host government and to its chief administrative officer

 2  and must provide the name and address of a contact person for

 3  the separate legal entity and information identified in s.

 4  367.071(4)(a) concerning the contemplated acquisition.

 5         4.a.  Within 30 days following receipt of the notice,

 6  the host government may adopt a resolution to become a member

 7  of the separate legal entity, adopt a resolution to approve

 8  the utility acquisition, adopt a resolution to prohibit the

 9  utility acquisition by the separate legal entity if the host

10  government determines that the proposed acquisition is not in

11  the public interest, or request in writing an automatic 45-day

12  extension of the 30-day period in order to allow sufficient

13  time for the host government to evaluate the proposed

14  acquisition. A resolution adopted by the host government that

15  prohibits the acquisition may include conditions that would

16  make the proposal acceptable to the host government.

17         b.  If a host government adopts a membership

18  resolution, the separate legal entity must accept the host

19  government as a member on the same basis as its existing

20  members before any transfer of ownership, use, or possession

21  of the utility or the utility facilities. If a host government

22  adopts a resolution to approve the utility acquisition, the

23  two parties shall enter into negotiations to complete the

24  utility acquisition agreement. If a host government adopts a

25  prohibition resolution, the separate legal entity may not

26  acquire the utility within that host government's territory

27  without the specific consent of the host government by future

28  resolution. If a host government does not adopt a prohibition

29  resolution or an approval resolution, does not provide a

30  written request for an extension of the 30-day notice period,

31  and takes no action to initiate judicial proceedings regarding

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1  the proposed acquisition, the separate legal entity may

 2  proceed to acquire the utility after the 30-day notice period

 3  without further notice.

 4         c.  Upon the filing of a petition by at least 10

 5  percent of the customers of the system being acquired, the

 6  Public Service Commission shall consider whether the sale,

 7  assignment, or transfer of the utility is in the public

 8  interest pursuant to the provisions of s. 367.071(1).

 9         5.  In addition to the host government's right to

10  review as fair and reasonable the rates, charges, customer

11  classifications, and terms of service that will be in place at

12  the time of acquisition, the host government has the right to

13  review and approve as fair and reasonable any later changes

14  proposed by the separate legal entity to the rates, charges,

15  customer classifications, and terms of service before adoption

16  by the separate legal entity. In addition, the host government

17  has the right to review and approve any changes to the

18  financing of such facilities which may result in increased

19  costs to customers. Such right of review and approval by the

20  host government is subject to the obligation of the separate

21  legal entity to establish rates and charges that comply with

22  the requirements contained in any resolution or trust

23  agreement relating to the issuance of bonds to acquire and

24  improve the affected utility and such right does not affect

25  the obligation of the separate legal entity to set rates at a

26  level sufficient to pay debt service on its obligations issued

27  in relation to the host government utility.

28         6.a.  In order to facilitate review of proposed changes

29  by the host government, the separate legal entity must notify

30  the host government in writing by certified mail about the

31  proposed changes not fewer than 90 days before it implements

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1  any changes. The notice of proposed changes must be provided

 2  to the legislative head of the governing body of each host

 3  government and to its chief administrative officer and must

 4  provide the name and address of a contact person for the

 5  separate legal entity and information identified in s.

 6  367.081(2)(a)1. as it applies to publicly owned utilities

 7  about the proposed changes. If, after review, the host

 8  government believes that the proposed changes are in the

 9  public interest, the host government may pass a resolution

10  approving the proposed changes. If, after review, the host

11  government believes that the proposed changes are not in the

12  public interest, the host government may enter into

13  negotiation with the separate legal entity to resolve those

14  concerns.

15         b.  If no agreement is reached within 30 days after the

16  host government's determination that the proposed changes are

17  not in the public interest, the host government or the

18  separate legal entity may request and, if requested, shall

19  receive binding arbitration services through the Public

20  Service Commission to resolve the dispute with the separate

21  legal entity. The commission shall develop and adopt

22  administrative rules governing the arbitration process and

23  establishing fees for this dispute-resolution service. The

24  arbitration shall be conducted by the commission within 90

25  days after the request by the host government or the separate

26  legal entity. The commission's arbitration order shall ensure

27  that the new rates of the separate legal entity applicable to

28  a specific host government recover applicable costs of

29  service, including costs of financing, and provide for a

30  reasonable rate of return.

31  

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1         7.  After the acquisition or construction of any

 2  utility systems by a separate legal entity created under this

 3  paragraph revenues or any other income may not be transferred

 4  or paid to a member of a separate legal entity, or to any

 5  other county or municipality, from user fees or other charges

 6  or revenues generated from customers that are not physically

 7  located within the jurisdictional or service delivery

 8  boundaries of the member, county, or municipality receiving

 9  the transfer or payment. Any transfer or payment to a member

10  or other local government must be solely from user fees or

11  other charges or revenues generated from customers that are

12  physically located within the jurisdictional or service

13  delivery boundaries of the member or local government

14  receiving the transfer or payment.

15         8.  A host government may acquire any utility or

16  utility system that it hosts that is owned by the separate

17  legal entity. If the separate legal entity and the host

18  government cannot agree on the terms and conditions of the

19  acquisition, the host government may institute eminent domain

20  proceedings under chapter 73 or chapter 74, as applicable.

21  This paragraph is an alternative provision otherwise provided

22  by law as authorized in s. 4, Art. VIII of the State

23  Constitution for any transfer of power as a result of an

24  acquisition of a utility by a separate legal entity from a

25  municipality, county, or special district.

26         9.  The entity may finance or refinance the

27  acquisition, construction, expansion, and improvement of such

28  facilities relating to a governmental function or purpose

29  through the issuance of its bonds, notes, or other obligations

30  under this section or as otherwise authorized by law. Except

31  as limited by the terms and conditions of the utility

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1  acquisition agreement, as approved by the applicable host

 2  government and subject to approval by the Public Service

 3  Commission if a petition is filed pursuant to subparagraph 1.,

 4  the entity has all the powers provided by the interlocal

 5  agreement under which it is created or which are necessary to

 6  finance, own, operate, or manage the public facility,

 7  including, without limitation, the power to establish rates,

 8  charges, and fees for products or services provided by it, the

 9  power to levy special assessments, the power to sell or

10  finance all or a portion of such facility, and the power to

11  contract with a public or private entity to manage and operate

12  such facilities or to provide or receive facilities, services,

13  or products. Except as may be limited by the interlocal

14  agreement under which the entity is created, all of the

15  privileges, benefits, powers, and terms of s. 125.01, relating

16  to counties, and s. 166.021, relating to municipalities, are

17  fully applicable to the entity. However, neither the entity

18  nor any of its members on behalf of the entity may exercise

19  the power of eminent domain over the facilities or property of

20  any existing water or wastewater plant utility system, nor may

21  the entity acquire title to any water or wastewater plant

22  utility facilities, other facilities, or property which was

23  acquired by the use of eminent domain after the effective date

24  of this act. Bonds, notes, and other obligations issued by the

25  entity are issued on behalf of the public agencies that are

26  members of the entity.

27         10.2.  Except as limited by the terms and conditions of

28  the utility acquisition agreement, as approved by the

29  applicable host government and subject to approval by the

30  Public Service Commission if a petition is filed pursuant to

31  subparagraph 1., any entity created under this section may

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1  also issue bond anticipation notes in connection with the

 2  authorization, issuance, and sale of bonds. The bonds may be

 3  issued as serial bonds or as term bonds or both. Any entity

 4  may issue capital appreciation bonds or variable rate bonds.

 5  Any bonds, notes, or other obligations must be authorized by

 6  resolution of the governing body of the entity and bear the

 7  date or dates; mature at the time or times, not exceeding 40

 8  years from their respective dates; bear interest at the rate

 9  or rates; be payable at the time or times; be in the

10  denomination; be in the form; carry the registration

11  privileges; be executed in the manner; be payable from the

12  sources and in the medium or payment and at the place; and be

13  subject to the terms of redemption, including redemption prior

14  to maturity, as the resolution may provide. If any officer

15  whose signature, or a facsimile of whose signature, appears on

16  any bonds, notes, or other obligations ceases to be an officer

17  before the delivery of the bonds, notes, or other obligations,

18  the signature or facsimile is valid and sufficient for all

19  purposes as if he or she had remained in office until the

20  delivery. The bonds, notes, or other obligations may be sold

21  at public or private sale for such price as the governing body

22  of the entity shall determine. Pending preparation of the

23  definitive bonds, the entity may issue interim certificates,

24  which shall be exchanged for the definitive bonds. The bonds

25  may be secured by a form of credit enhancement, if any, as the

26  entity deems appropriate. The bonds may be secured by an

27  indenture of trust or trust agreement. In addition, the

28  governing body of the legal entity may delegate, to an

29  officer, official, or agent of the legal entity as the

30  governing body of the legal entity may select, the power to

31  determine the time; manner of sale, public or private;

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1  maturities; rate of interest, which may be fixed or may vary

 2  at the time and in accordance with a specified formula or

 3  method of determination; and other terms and conditions as may

 4  be deemed appropriate by the officer, official, or agent so

 5  designated by the governing body of the legal entity. However,

 6  the amount and maturity of the bonds, notes, or other

 7  obligations and the interest rate of the bonds, notes, or

 8  other obligations must be within the limits prescribed by the

 9  governing body of the legal entity and its resolution

10  delegating to an officer, official, or agent the power to

11  authorize the issuance and sale of the bonds, notes, or other

12  obligations.

13         11.3.  Bonds, notes, or other obligations issued under

14  this paragraph subparagraph 1. may be validated as provided in

15  chapter 75. The complaint in any action to validate the bonds,

16  notes, or other obligations must be filed only in the Circuit

17  Court for Leon County. The notice required to be published by

18  s. 75.06 must be published in Leon County and in each county

19  that is a member of the entity issuing the bonds, notes, or

20  other obligations, or in which a member of the entity is

21  located, and the complaint and order of the circuit court must

22  be served only on the State Attorney of the Second Judicial

23  Circuit and on the state attorney of each circuit in each

24  county that is a member of the entity issuing the bonds,

25  notes, or other obligations or in which a member of the entity

26  is located. Section 75.04(2) does not apply to a complaint for

27  validation brought by the legal entity.

28         12.4.  The accomplishment of the authorized purposes of

29  a legal entity created under this paragraph is in all respects

30  for the benefit of the people of the state, for the increase

31  of their commerce and prosperity, and for the improvement of

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1  their health and living conditions. Since the legal entity

 2  will perform essential governmental functions in accomplishing

 3  its purposes, the legal entity is not required to pay any

 4  taxes or assessments of any kind whatsoever upon any property

 5  acquired or used by it for such purposes or upon any revenues

 6  at any time received by it. The bonds, notes, and other

 7  obligations of an entity, their transfer and the income

 8  therefrom, including any profits made on the sale thereof, are

 9  at all times free from taxation of any kind by the state or by

10  any political subdivision or other agency or instrumentality

11  thereof. The exemption granted in this subparagraph is not

12  applicable to any tax imposed by chapter 220 on interest,

13  income, or profits on debt obligations owned by corporations.

14         Section 2.  Subsection (1) of section 120.52, Florida

15  Statutes, is amended to read:

16         120.52  Definitions.--As used in this act:

17         (1)  "Agency" means:

18         (a)  The Governor in the exercise of all executive

19  powers other than those derived from the constitution.

20         (b)  Each:

21         1.  State officer and state department, and each

22  departmental unit described in s. 20.04.

23         2.  Authority, including a regional water supply

24  authority.

25         3.  Board.

26         4.  Commission, including the Commission on Ethics and

27  the Fish and Wildlife Conservation Commission when acting

28  pursuant to statutory authority derived from the Legislature.

29         5.  Regional planning agency.

30         6.  Multicounty special district with a majority of its

31  governing board comprised of nonelected persons.

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1         7.  Educational units.

 2         8.  Entity described in chapters 163, 373, 380, and 582

 3  and s. 186.504.

 4         (c)  Each other unit of government in the state,

 5  including counties and municipalities, to the extent they are

 6  expressly made subject to this act by general or special law

 7  or existing judicial decisions.

 8  

 9  This definition does not include any legal entity or agency

10  created in whole or in part pursuant to chapter 361, part II,

11  any metropolitan planning organization created pursuant to s.

12  339.175, any separate legal or administrative entity created

13  pursuant to s. 339.175 of which a metropolitan planning

14  organization is a member, an expressway authority pursuant to

15  chapter 348, any legal or administrative entity created by an

16  interlocal agreement pursuant to s. 163.01(7),except those

17  created pursuant to s. 163.01(7)(g)1., unless any party to

18  such agreement is otherwise an agency as defined in this

19  subsection, or any multicounty special district with a

20  majority of its governing board comprised of elected persons;

21  however, this definition shall include a regional water supply

22  authority.

23         Section 3.  Subsection (7) of section 367.021, Florida

24  Statutes, is amended to read:

25         367.021  Definitions.--As used in this chapter, the

26  following words or terms shall have the meanings indicated:

27         (7)  "Governmental authority" means a political

28  subdivision, as defined by s. 1.01(8), a regional water supply

29  authority created pursuant to s. 373.1962, or a nonprofit

30  corporation formed for the purpose of acting on behalf of a

31  political subdivision with respect to a water or wastewater

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1  facility; however, this definition shall exclude a separate

 2  legal entity created pursuant to s. 163.01(7)(g)1.

 3         Section 4.  Subsections (1) and (4) of section 367.071,

 4  Florida Statutes, are amended to read:

 5         367.071  Sale, assignment, or transfer of certificate

 6  of authorization, facilities, or control.--

 7         (1)  A No utility may not shall sell, assign, or

 8  transfer its certificate of authorization, facilities or any

 9  portion thereof, or majority organizational control without

10  determination and approval of the commission that the proposed

11  sale, assignment, or transfer is in the public interest and

12  that the buyer, assignee, or transferee will fulfill the

13  commitments, obligations, and representations of the utility.

14  However, a sale, assignment, or transfer of its certificate of

15  authorization, facilities or any portion thereof, or majority

16  organizational control may occur prior to commission approval

17  if the contract for sale, assignment, or transfer is made

18  contingent upon commission approval.

19         (4)  An application shall be disposed of as provided in

20  s. 367.045, except that:

21         (a)  The sale of facilities, in whole or part, to a

22  governmental authority, as defined in s. 367.021(7), shall be

23  approved as a matter of right; however, the governmental

24  authority shall, prior to taking any official action, obtain

25  from the utility or commission with respect to the facilities

26  to be sold the most recent available income and expense

27  statement, balance sheet, and statement of rate base for

28  regulatory purposes and contributions-in-aid-of-construction.

29  Any request for rate relief pending before the commission at

30  the time of sale is deemed to have been withdrawn. Interim

31  rates, if previously approved by the commission, must be

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    Florida Senate - 2004                                  SB 2668
    25-1656A-04                                        See HB 1583




 1  discontinued, and any money collected pursuant to interim rate

 2  relief must be refunded to the customers of the utility with

 3  interest.

 4         (b)  When paragraph (a) does not apply, the commission

 5  shall amend the certificate of authorization as necessary to

 6  reflect the change resulting from the sale, assignment, or

 7  transfer.

 8         Section 5.  Section 367.0813, Florida Statutes, is

 9  created to read:

10         367.0813  Gain or loss on purchase or condemnation by

11  governmental authority.--In order to provide appropriate

12  incentives to encourage the private sector to participate in

13  the investment in water and wastewater infrastructure, to

14  protect private-sector property rights of a utility's

15  shareholders, and to avoid additional burden of costs placed

16  on ratepayers by relitigating this issue, the Legislature

17  affirms and clarifies the clear policy of this state that

18  gains or losses from a purchase or condemnation of a utility's

19  assets which results in the loss of customers served by such

20  assets and the associated future revenue streams shall be

21  borne by the shareholders of the utility. This section shall

22  apply to all transactions prior to and after the effective

23  date of this section.

24         Section 6.  If any provision of this act or its

25  application to any person or circumstance is held invalid, the

26  invalidity does not affect other provisions or applications of

27  this act which can be given effect without the invalid

28  provision or application, and to this end the provisions of

29  this act are declared severable.

30         Section 7.  This act shall take effect upon becoming a

31  law and shall apply to all contracts pending on that date.

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