FMPA Modernizes Its Governance, Provides Greater Autonomy for All-Requirements
ORLANDO, Fla., May 31, 2007 — Members of the Florida Municipal Power Agency (FMPA) approved several changes to the Agency’s governance structure last week to enhance the efficiency of the Agency’s decision-making process. The most significant changes are associated with giving FMPA’s All-Requirements Project greater self-governance through the reorganization of the Executive Committee.
Under the new system, FMPA’s Executive Committee will include only appointed representatives from each All-Requirements member, rather than being an elected body. The changes give the Executive Committee power to independently govern and manage the business affairs of the All-Requirements Project. As a result, the All-Requirements Project Committee will cease to exist, since membership will be identical to the Executive Committee.
FMPA’s Board of Directors has responsibility for making all final decisions for the projects of FMPA, except the All-Requirements Project, and for Agency business not directly related to All-Requirements.
With the new governance structure, each decision, whether for All-Requirements or a different project, only needs to go to one governing body for approval, either the Executive Committee or Board of Directors—but not both, as previously required.
“This historic opportunity to change FMPA’s governance structure makes us the most efficient, effective and successful decision makers we can be,” said All-Requirements Project Chairperson Rebecca Mattey.
“Modernizing the governance structure solidifies the growth FMPA has undergone the past several years,” said FMPA General Manager and CEO Roger Fontes. “The empowerment of the All-Requirements Project allows participants to more proactively take control of their destiny and make necessary and timely decisions vital for future successes.”
FMPA’s All-Requirements Project provides all the wholesale power needs of 15 Florida cities, including Bushnell, Clewiston, Fort Meade, Fort Pierce, Green Cove Springs, Town of Havana, Jacksonville Beach, Key West, Kissimmee, Lake Worth, Leesburg, Newberry, Ocala, Starke and Vero Beach. All-Requirements enables municipal utilities of all sizes to become owners—not just customers—of an efficient statewide power system.
An organizational meeting of the newly reconstituted Executive Committee has been scheduled for July 12.
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Florida Municipal Power Agency (FMPA) is a wholesale power company owned by 30 municipal electric utilities. FMPA provides economies of scale in power generation and related services to support community-owned electric utilities. The members of FMPA serve approximately 1.9 million Floridians. FMPA’s members include Alachua, Bartow, Blountstown, Bushnell, Chattahoochee, Clewiston, Fort Meade, Fort Pierce, Gainesville, Green Cove Springs, Havana, Homestead, Jacksonville Beach, Key West, Kissimmee, Lake Worth, Lakeland, Leesburg, Moore Haven, Mount Dora, New Smyrna Beach, Newberry, Ocala, Orlando, Quincy, St. Cloud, Starke, Vero Beach, Wauchula and Williston. Additional information is available on the Internet at www.fmpa.com.