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HomeMy WebLinkAboutDocumentation_Regular_Tab 01_08/09/2007Rose, Sandstrom & Bentley, LLP Firm Resume Rose, Sandstrom & Bentley LLP 2548 Blairstone Pines Drive Tallahassee, Florida 32301 OVERVIEW OF THE FIRM In 1974, the Miami firm of Myers, Kenin, Levinson, Frank & Richards, opened a Tallahassee office to meet the growing needs of its clients in the State capital. Robert M. C. Rose, formerly the deputy director and chief attorney for the Florida Public Service Commission's Water and Sewer Regulatory Department, became the resident partner. Over the years the firm's utility practice grew to include representation of governmental as well as investor owned utilities. Areas of concentration included utility mergers and acquisitions, rate cases, tax-exempt and conventional financing, territorial rights, permitting, and special district creation and structuring. In addition, a larger commercial, administrative and environmental law practice was developed with the growth of the firm. In 1987, as part of a firm reorganization, the Tallahassee office formed the law firm of Rose, Sandstrom & Bentley, LLP. Since that time, the firm has grown in directions which compliment its public utility, environmental and administrative law core practice areas. Today, Rose, Sandstrom & Bentley, LLP, is a 15 attorney firm with lawyers experienced in areas such as complex environmental litigation, water rights, commercial litigation, corporate and not-for-profit companies, health care, and public finance. The firm has also added a central Florida office located in Longwood, Florida. Rose, Sandstrom & Bentley, LLP is a law firm with a tradition of excellence in legal services to its clients in a professional, cost-effective manner. Biographical information for certain attorneys in the firm involved in the utility practice area is set forth below. PRINCIPAL AREAS OF PRACTICE The lawyers of Rose, Sandstrom & Bentley, LLP do not try to be all things to all people. Concentration in specialized areas of the law provides our clients with the level of service and attention to detail necessary to properly address their needs in today's changing legal environment. The lawyers of Rose, Sandstrom & Bentley, LLP concentrate in areas of law which include the following: PUBLIC UTILITIES ! Regulatory and Ratemaking ! Public Finance ! Mergers and Acquisitions ! Corporate and Tax ! Privatization ! Territorial Disputes ADMINISTRATIVE LAW ! General Litigation ! Professional and Occupational Licensing ! Bid Disputes ! Environmental and Land Use ! Local Government ENVIRONMENTAL LAW ! Permitting and Enforcement ! Transmission Line Siting ! Water Quality Issues ! Regulatory Enforcement HEALTH CARE LAW ! Certificate of Need ! Medicaid and Medicare ! Licensing and Survey ! Rule Challenge ! Cost Containment ! Budget Review ! Fraud and Abuse ! Patient Self-referral REAL ESTATE ! Environmental Audits ! Title Insurance ! Land Use COMMERCIAL LAW ! General Corporate ! Tax Exempt Structuring ! Non-Profit Organizations ! Debt/Equity Financing ! Arbitration and Alternative Dispute Resolution The firm offers statewide services to clients from Key West to the panhandle, while enjoying the benefits of access to State agencies and government afforded by a Tallahassee location. General counsel, special counsel and trial counsel are all roles undertaken by members of the firm within these specialized areas of practice. We are pleased to offer these services to private and public sectors clients ranging from individuals and corporations to local governments including cities, counties and special districts. Over the past twenty years, members of Rose, Sandstrom & Bentley, LLP have handled hundreds of public utility cases, many involving water and wastewater utilities. This practice has taken place before the Florida Public Service Commission, Department of Environmental Protection, the various Water Management Districts, the U.S. Environmental Protection Agency, and other Federal, State and local regulatory bodies. Water and wastewater representation may be broken down into governmental and private sector cases. 3 GOVERNMENTAL WATER AND WASTEWATER PRACTICE The firm has acted as special utility counsel to municipalities, counties and special districts in a variety of utility matters. Mercers and Acauisitions In 1992 and 1993 this firm acted as special counsel to Clay County in its acquisition of Kingsley Service Company, Clay Utility Company and Mid-Clay Service Corp., the three major private utilities located within the County. All three transactions required negotiation and drafting of Agreements of Purchase and Sale, coordination of public hearings, drafting rate and service availability ordinances, and participation in bond issuance to finance the utility acquisitions. These acquisitions were structured to provide for conveyance of utility assets to an independent special district created to serve the County on a regional utility basis. The firm has also represented municipalities in its capacity as special counsel. We have acted as special counsel to the City of Winter Springs in its acquisition of Seminole Utility Company; the City of Orange City in its acquisition of Orange City Water Company; Town of Lake Clark Shores in its acquisition of Florida Water Service, Co.; and Marion County in the acquisition of Silver Springs Shores. In 2003, the firm acted as Buyer's Representative on behalf of a consortium of local governments in the largest water and wastewater utility acquisition in the history of the State of Florida. Florida Water Services Corporation (f/k/a Southern States Utilities) sold its statewide assets of over 120 systems. As Buyer's Representative, the firm participated in structuring the transaction and was counsel to the principal purchaser including the City of Marco Island, the City of Deltona, the City of Palm Coast, Hernando County, the Florida Governmental Utility Authority and the TOHO Water Authority. More recently, in 2006, the firm was hired by Citrus County to provide an acquisition assessment report as to whether the County should acquire utility assets of a group of water and wastewater systems owned and operated by the Florida Governmental Utility Authority. The firm recommended acquisition and represented the County in the subsequent transaction closed in early 2007. The assessment report included a review of the legal, financial and regulatory aspects of utility acquisition and ownership. A list of recent utility transactions in which this firm was involved is attached to this resume. General Utility Matters In the past, the firm has acted as counsel to Charlotte County and St. Lucie County in drafting ordinances and an overall regulatory framework following transfer of Public Service Commission jurisdiction over private utilities to those counties. The firm continues as special counsel to the Clay County Utility Authority on various matters relating to utility permitting and administration of a large capital improvement program funded from the acquisitions. The firm currently represents the City of North Port regarding utility matters including negotiations of utility development agreements with large landowners negotiation and enforcement 4 of rights under water supply contracts with the Peace River/Manasota Water Supply Authority. The Company has represented the City of Flagler Beach in its service area dispute with Flagler County and City of Palm Coast and was instrumental in a settlement resulting in substantial system upgrades to the City's wastewater system. Special Districts The use of special districts has become more common as a vehicle for utility services. The firm has been involved in the establishment of the St. Lucie West Community Development District, Reserve Community Development District and Falls Chase Community Development District and the transfer of utility services from private to public ownership. From time to time we also act as special advisor to city and county attorneys who may call upon the firm to assist in areas of our particular expertise. The firm has acted as counsel in private utility condemnation matters, having represented the condemning authority in some instances and the private property owner in others. Attorneys with the firm have extensive experience with regard to district utility and operational issues and a variety of matters under Chapter 189, Florida Statutes. The firm is currently district counsel for the Bridgewater Community Development District in Lake County and has been instrumental in recent District financings and developer negotiations. The firm is also ongoing utility counsel for the Dunes Community Development District in Flagler Beach regarding rates, service area and related utility matters. The firm currently acts as utility counsel or general counsel for a number of community development districts and other special districts around the State. Financing The firm has extensive experience working with city and county attorneys and bond counsel in utility and general infrastructure financing matters. This experience includes detailed review of bond documents; presentations before the principal bond insurers and rating agencies; development of disclosure materials and related due diligence; and negotiation of bond purchase agreements and conventional loan terms and documentation. The firm is currently engaged by the City of LaBelle in Hendry County to develop a plan of finance, secure interim and long term financing for substantial water system upgrades, update City utility code provisions, and negotiate with developers for system financial support. A listing of recent financing transactions in which the firm was involved is attached. 5 PRIVATE SECTOR WATER AND WASTEWATER PRACTICE The firm's specialized practice in water and wastewater utility matters is perhaps best evidenced by its representation of a large number of privately owned water and sewer companies throughout the State of Florida. The firm has experience in virtually all facets of private sector utility representation including: rate cases and rate regulation before the Public Service Commission and County regulatory bodies; territorial rights and disputes before the PSC and in Circuit Court; Department of Environmental Regulation permitting and enforcement cases; mergers and acquisi- tions ofprivate utilities (both between private parties and units of government), tax-exempt financing through issuance of Industrial Development Revenue Bonds, and day-to-day advice regarding utility operations, tariff provisions, pending legislation and the like. Public Service Commission Practice Over the past twenty years, the firm has established itself as one of the principal firms representing water and sewer companies before the Florida Public Service Commission. The firm typically has several rate case proceedings as well as other dockets open at the Commission on behalf of clients at a given point in time. In addition to their experience in private practice, several lawyers at the firm can draw upon past employment as staff counsel at the Public Service Commission. In addition to its PSC practice, the firm also represents large land owners in the development of utility services for their projects. This representation includes the development of water and wastewater utility service for the Town of Ave Maria in Collier County for the Barron Collier Partnership and the utility services for the Town of Babcock Ranch in Charlotte County. Mergers and Acquisitions In recent years, the firm has handled a large number of utility purchase and sale transactions. The firm has extensive experience in representing both buyers and sellers in these matters, including condemnation cases. In particular, this firm was co-counsel to Atlantic Utilities of Sarasota, Inc. in the only condemnation of an entire utility system which resulted in a jury award in the State of Florida. In addition to documentation, the firm is often looked to for advice in negotiating and structuring such business transactions at the request of clients. A list of recent utility transactions in which this firm was involved is attached to this resume. Financing In recognition of the role played by private utilities in providing a critical public service, the Internal Revenue Code and State law provide for issuance of tax-exempt bonds to finance utility infrastructure. The firm has acted as borrower's counsel in over $500,000,000 worth of industrial development revenue bond issues for all aspects of utility improvements. These financings range from limited system upgrades to construction of entire utility projects secured by municipal bond insurance and obtaining and investment grade bond rating. A listing of recent financing transactions in which the firm was involved is attached. 6 General -Environmental Matters As environmental laws become increasingly more stringent to protect our natural resources, the firm has represented clients innumerous permitting and environmental compliance cases. This representation has ranged from administrative hearings before the Department of Environmental Protection, to negotiations with the U.S. Environmental Protection Agency, to consumptive use permit applications before the Water Management Districts. In addition to its utility clients, the firm has substantial experience in complex water rights and environmental law litigation. PROFILE OF ATTORNEYS John R. Jenkins Born: New Rochelle, New York, November 16, 1958; admitted to bar, 1984, Florida. Education: Iona College (B.A., Philosophy, 1980); Florida State University (J.D. 1984; B.S. Finance, 2000). Member: The Florida Bar; Tallahassee Bar Association; American Water Works Association; Water Environment Federation. Special Agencies: Florida Public Service Commission, Florida Department of Environmental Protection, Water Management Districts. Practice Areas: Public Utilities; Mergers and Acquisitions, Public Finance; Administrative Law; General Corporate. Since being admitted to the Florida Bar in 1984, Mr. Jenkins has handled a range of public utility, administrative law, and general corporate matters. Mr. Jenkins has practiced before the Florida Public Service Commission on territorial disputes, rate and service availability issues, utility transfer cases, wastewater reuse and land development issues. He has similar experience with the Department of Environmental Regulation regarding permitting, enforcement, water quality, environmental litigation and environmental rule challenges, as well as environmental issues involving the United States Environmental Protection Agency, and the various water management districts. In recent years his practice has focused on utility financing and corporate acquisitions, with a concentration on water utilities. He has been involved in all aspects of the purchase and sale of water and wastewater utility systems and companies in a large number of asset and stock transactions. These acquisitions include negotiation, valuation, financing, and general representation of investor owned utilities, non profit cooperatives, parties and governmental units including cities, counties and community development districts. In 2003, Mr. Jenkins acted as buyer's representative and counsel in the acquisition of the assets of the Florida Water Services Corp., the largest water and wastewater utility in the State of Florida. In this transaction, the largest of its kind in Florida, Mr. Jenkins represented a coalition of local governments including the Cities of Marco Island, Palm Coast, Deltona, Hernando County, the Toho Water Authority and others. Mr. Jenkins has closed over $300 million intax-exempt industrial development revenue bond issues for projects throughout the State of Florida, as well as taxable revenue bond issues and conventional financing for private borrowers. Pursuing his interest in financial transactions, Mr. Jenkins received a Bachelor of Science degree in finance in 2000 from Florida State University. He has also been involved in various rate structure and complex utility tax matters which include securing federal tax-exemptions for utility cooperatives, establishing not-for-profit utilities and 8 advising Revenue Ruling 63-20 corporations for financing purposes. Mr. Jenkins has also assisted clients in other industries including natural gas, co-generation, and telecommunication matters, particularly involving competitive local exchange companies. Throughout his career, Mr. Jenkins has also handled a variety of administrative and general corporate law matters and commercial transactions on behalf of clients. This representation has included professional licensure cases before state licensing boards, establishing and advising corporations, stock and asset sales, contracts and collections litigation. William E. Sandstrom Born Cadillac, Michigan, March 4, 1948; admitted to bar, 1974, Michigan; 1976, Florida; 1978, U.S. Supreme Court and U.S. Court of Appeals, Fifth Circuit. Education: Michigan State University (B.A., 1971); University of Detroit (J.D., 1973). Assistant City Attorney, City of East Lansing, Michigan, 1974-1976. Staff Counsel, Florida Public Service Commission, 1977-1979. Director, Florida Chapter of the National Association of Water Companies, Florida Water Works Association, 1981-1988. Member: The Florida Bar; State Bar of Michigan. Practice Areas: Utility Finance; Mergers and Acquisitions; Water Law; Water Utilities; Water Districts; Permitting and Funding. Mr. Sundstrom's private practice has included representation of cities and counties in complex negotiations, particularly as regards the acquisition, expansion, and financing of water and sewer utility and related infrastructure projects. Such representation has included the Clay County Utility Authority and the Cities of Coconut Creek, Lake Worth, Lake Clarke Shores, Orange City, Juno Beach, Winter Springs, Venice and Tequesta, the Utility Board of the City of Key West, St. Lucie County, and Bonita Springs Utilities, anot-for-profit quasi-governmental tax-exempt utility. He has led the firm=s activities in approximately 100 closed purchases/sales of private utilities, with an aggregate value of over two billion dollars, including the sale by United Water Resources of its Jacksonville subsidiary, the largest private water and wastewater sale in Florida history. He currently has in process multiple major cases involving negotiations with or for governmental entities, primarily in central and south Florida. Mr. Sandstrom has also been involved in substantial tax- exempt capital project financing, having closed approximately 50 of such transactions in recent years. Mr. Sandstrom is outside General Counsel to Utilities, Inc., a utility holding company based in Chicago, with over 400 separate water and wastewater utility systems located in 18 states. His practice, on behalf of private utility companies, involves mergers, acquisitions, defense of eminent domain activities by local governments, negotiation of complex transactions involving the negotiated of sale of individual utility systems to local governments, and actions against local governments when they interfere with the private property rights of utilities operating in or about their 9 jurisdictions. He has successfully represented clients in these matters in Florida, Georgia, South Carolina, Maryland, Pennsylvania, Kentucky, Indiana, Mississippi, Louisiana, New Mexico, Arizona, and California. Mr. Sandstrom is one of the four founding Partners of Rose, Sandstrom & Bentley. Mr. Sandstrom is an AAV@ rated lawyer in Martindale Hubbell. Martin S. Friedman Born Tallahassee, Florida, January 30, 1950; admitted to bar, 1975, Florida; 1976, U.S. District Court, Middle District of Florida; 1977, U.S. District Court, Southern District of Florida including Trial Bar, U.S. District Court, Northern District of Florida and U.S. Court of Appeals, District of Columbia Circuit; 1978, U.S. Supreme Court; 1980, U.S. Court of Appeals, Second and Fourth Circuits; 1981, U.S. Court of Appeals, Eleventh Circuit. Education: Florida State University (B.S., 1972); Stetson University, College of Law (J.D., 1975). Author: Chapter Article, "Quo Warranto," Florida Appellate Practice, The Florida Bar, 1996. Speaker: Mastering Real Estate Titles and Title Insurance in Florida (1995 & 1998). Assistant Attorney General, State of Florida, 1975-1980. Bureau Chief, General Civil Litigation, 1979-1980. Member: The Florida Bar; Florida Rural Water Association; American Land Title Association (Legal Division). 60 Reported Cases among which are: Adam Smith Enterprises v. Florida Dept. of Environmental Regulation, 553 So.2d 1260; Lake Utility Services v. City of Clermont, 727 So.2d 984; City of Oviedo v. Alafaya Utilities, 704 So.2d 206; Knadle v. Estate of Knadle, 686 So.2d 631; Kilgore v. Killearn Homes Assoc., 676 So.2d 4; Ciry of Kissimmee v. Department of Environmental Regulation, 753 So.2d 770. Practice Areas: Administrative Law; Environmental Law; Utility Regulation; Real Estate. During the five years Mr. Friedman spent with the Florida Attorney General's Office, he worked in the local government section, was involved in consumer protection matters, and handled environmental litigation. Mr. Friedman was Chief of the General Civil Litigation section for the last eighteen months of his tenure with the Florida Attorney General's office. As such, he has gained much experience in both federal and state litigation, including a substantial amount of litigation surrounding Section 1983 of the Federal Civil Rights Act. While with the Attorney General's office, he represented a large number of state agencies involving litigation of the constitutionality and inter- pretation of Florida laws. Since leaving the Attorney General's office, his practice has primarily been in the areas of real estate, environmental regulation and utility regulation. Along with Mr. Bentley, Mr. Friedman was a primary attorney in the complex litigation involving the proposed Department of Environmental Regulation Rule on wellhead protection. Mr. Friedman was retained by the Utility Board of the Ciry 10 of Key West to advise it with regard to its rights and responsibilities under the Federal Resource Conservation and Recovery Act of 1976, as amended in 1984, and the Comprehensive Environmental Response Compensation and Liability Act of 1980, as amended in 1986, with regard to contamination by hazardous waste and hazardous substances. He has also been involved with permitting solid waste disposal facilities. He is authorized to write title insurance for First American Title Insurance Company and Attorneys' Title Insurance Fund. Mr. Friedman has lectured at seminars on real estate titles, and is author of an article on "Quo Warranto" in The Florida Bar Appellate Practice Manual. Mr. Friedman is one of the four founding Partners of Rose, Sandstrom & Bentley and currently is the Resident Partner in the firm=s Altamonte Springs office. F. Marshall Deterding Born Paris, France, August 19, 1954; admitted to bar, 1985, Florida. Education: Florida State University (B.S., 1976; J.D., with honors, 1985). Utility Auditor and Analyst, Florida Public Service Commission, 1977-1982. Director, Florida Chapter, The National Association of Water Companies. Director, 1987-1993, Legal and Legislative Vice President, 1990-1995, Florida Waterworks Association. Member: The Florida Bar; Florida Institute of Certified Public Accountants. Special Agencies: Florida Public Service Commission. Practice Areas: Public Utility Law; Environmental Law; General Practice; Administrative Law. Mr. Deterding served as an auditor and accounting analyst with the Florida Public Service Commission prior to attending law school and was a Certified Public Accountant. He worked in various aspects of water and sewer, telecommunications, gas and electric industries during his tenure at the Florida Public Service Commission. Sinee joining Rose, Sandstrom & Bentley, his primary emphasis in the practice of law has been related to various aspects of representation of private utilities before the Florida Public Service Commission and various local government regulatory authorities, as well as representing those private companies and municipal governments in environmental matters before the Florida Department of Environmental Protection and the U. S. Environmental Protection Agency. Mr. Deterding has served on the Board of Directors of the Florida Waterworks Association for five years, and serves as its legal and legislative V ice President every other year. He is a member of the Florida Institute of Certified Public Accountants. 11 Dares L. Shippy Born Muncie, Indiana, December 27, 1959; admitted to bar, 1985, Florida; 1986, U.S. District Court, Middle District of Florida; 1994, U.S. Court of Appeals, Eleventh Circuit 1996, U.S. District Court, Northern District of Florida. Education: Florida State University (B.S., 1982); Cumberland School of Law (J.D., 1985) Member: Tax Section of The Florida Bar. Practice Areas: Utility Acquisitions and Litigation. Mr. Shippy received his undergraduate degree from Florida State University and his Juris Doctor from Samford University, Cumberland School of Law. He was admitted to The Florida Bar in 1985, and his areas of expertise include civil trial and appellate practice, including commercial litigation and eminent domain actions. Mr. Shippy has experience in utility and general infrastructure financing matters. Mr. Shippy=s practice has emphasized trial and appellate litigation in several areas of the law, including cases before the Florida Supreme Court. He is lead counsel on several reported appellate decisions in which clients have obtained relief, has lectured on behalf of the Association of Florida Trial Lawyers, and has authored two trial practice books. Mr. Shippy became an Associate with Rose, Sandstrom & Bentley on April 1,1996, and has become a Partner in 2002. Robert C. Brannan Born: Summit, New Jersey, November 24, 1950; admitted to bar, 1997, Florida; 200 U.S. District Court, Northern District of Florida; 2001 U.S. District Court, Middle District of Florida and U.S. Court of Appeals, Eleventh Circuit. Education: Westminster College (B.A. 1973); Vermont Law School (J.D. with honors, 1995); Master of Studies in Environmental Law, with high honors, 1995); Recipient, American Jurisprudence Book Award in Constitutional Law. Staff editor, environmental journal. Law Clerk: U.S. Magistrate Judge William C. Sherrill, U.S. District Court, Northern District of Florida, 1996-2000. Assistant Attorney General, 2000-2002. Member: Florida Bar Practice Areas: Environmental Law; Land Use; Public Utility; Real Estate; Litigation. Prior to entering law school, Mr. Brannan spent several years in the securities industry. A substantial portion of this time was served on the trading desk of a major Wall Street investment banking firm. During this time he pursued graduate studies in finance and international business. 12 Mr. Brannan=s practice areas include Environmental Law; Land Use; Water Law; Water and Sewer Utility Transactions; Mergers and Acquisitions; Public Finance; Community Development Districts; General Corporate Matters; and Litigation. 13 REFERENCES CITY OF LABELLE c/o Michael Boyle Post Office Box 580 La Belle, Florida 33975 (863)675-2872 BONITA SPRINGS UTILITIES, INC. c/o Mr. Fred Partin General Manager Post Office Box 2368 Bonita Springs, Florida 33959 (941)992-0711 CITY OF MARCO ISLAND c/o A. William Moss City Manager Marco Island, Florida 34145 CLAY COUNTY UTILITY AUTHORITY c/o Ray Avery, Executive Director 3176 Old Jennings Road Middleburg, Florida 32068-3907 (904) 213-2401 NORTH FORT MYERS UTILITY, INC. c/o Mr. A. A. (ATony@) Reeves, III Post Office Box 2547 Fort Myers, Florida 33902 (941) 543-4000 OCEAN REEF CLUB, INC. c/o David C. Ritz, Community Administrator 24 Dockside Lane, #505 Key Largo, Florida 33037 (305) 367-3067 14 RECENT UTILITY FINANCING TRANSACTIONS Attorneys in the firm have been acted as co-counsel or borrower's counsel on the following financings: (1) $52,230,000 Citrus County, Florida Water and Wastewater System Revenue Bonds, Series 2007. (2) $23,215,000 Lee County Industrial Development Revenue Authority (Florida) Utility System Revenue Bonds, Series 2006 (Bonita Springs Utilities, Inc. Project) (3) $5,100,000 Variable Rate Demand Utility System Revenue Bonds (North Fort Myers Utility, Inc. Project), Series 2006 (4) Monroe County Industrial Development Authority, $2,965,000 Industrial Development Revenue Bonds (North Key Largo Utility Corp. Project), Series 2005 (5) $18,000,000 Collier County Development Authority (Florida) Industrial Development Revenue Bonds (Ave Maria Utility Company Project), Series 2005 (6) $13,240,000 Lee County Industrial Development Authority, Florida Variable Rate Demand Utility System Revenue Bonds (North Fort Myers Utility, Inc. Project), Series 2005A (7) $1,790,000 Lee County Industrial Development Authority, Florida Taxable Variable Rate Demand Utility System Revenue Bonds (North Fort Myers Utility, Inc. Project), Series 2005B (8) $13,485,000 Bridgewater Community Development District Special Assessment Bonds, Series 2004 (9) $26,160,000 Lee County Industrial Development Authority (Florida) Utility System Revenue Bonds, (Bonita Springs Utilities, Inc.) Series 2004B (10) $20, 600,000 Aloha Utilities, Inc. Taxable Utility System Revenue Bonds, Series 2004 15 RECENT UTILITY PURCHASE AND SALE TRANSACTIONS The partners and associates who make up the firm of Rose, Sundstrom & Bentley, LLP were primarily involved in or acted as senior counsel on the following transactions: (1) Sale by FAIRWAYS/MOUNT PLYMOUTH UTILITY SYSTEM of its water and wastewater assets in Lake County, Florida, to Aqua Utilities, Inc. (2007) (2) Sale by UTILITIES, INC. OF MARYLAND of its water and wastewater assets in Prince Georges County, Maryland, to the Washington Suburban Sanitary Commission. (2006) (3) Purchase by SUN RIVER UTILITIES, INC. of all of the outstanding stock of MSM Utilities, LLC in Charlotte County, Florida. (2006) (4) Purchase by NORTH FORT MYERS UTILITY, INC. of the wastewater assets of the DelTura Limited Partnership in Lee County, Florida. (2006) (5) Sale by The Plantation at Leesburg Limited Partnership ofthe assets of its LAKE UTILITY COMPANY water and wastewater system to the City of Leesburg, Florida. (2006) (6) Purchase by PALM BEACH COUNTY of the water and wastewater assets of the V illage of Royal Palm Beach, Florida. (2006) (7) Sale by Nuon Global Solutions USA of 100% of the stock of UTILITIES, INC. to Hydro Star, LLC. (2006) (8) Acquisition by PALM BEACH COUNTY of the present and future interests of the water and wastewater utility assets of the Seminole Improvement District in Palm Beach County, Florida. (2006) (9) Sale by GRAND HAVEN COMMUNITY DEVELOPMENT DISTRICT of its water and wastewater assets to the City of Palm Coast, Florida. (2005) (1 O) Purchase by NORTH FORT MYERS UTILITY, INC. of the wastewater assets to Heron's Glen Utilities In Lee County, Florida. (2005) (11) Sale by OCEAN CITY UTILITIES, INC. of its water and wastewater assets to Flagler County, Florida. (2004) (12) Purchase by UTILITIES , INC. OF HUTCHINSON ISLAND of the water and wastewater assets of Columbia Properties Stuart, LLC d/b/a Plantation Utilities. (2004) (13) Purchase by H E R N A N D O COUNTY of the water and wastewater assets of Florida Water Services Corporation in that County. (2003) (14) Sale by EAST PASCO UTILITIES, INC. of its water and wastewater assets to Pasco 16 County, Florida. (2003) (15) Purchase by the CITY OF MARCO ISLAND of the water and wastewater assets of Florida Water Services Corporation within and about the city limits. (2003) (16) Purchase by the CITY OF DELTONA of the water and wastewater assets of Florida Water Services Corporation in and about the city limits. (2003) (17) Purchase by the CITY OF PALM COAST of the water and wastewater assets of Florida Water Services Corporation in and about the city limits. (2003) (18) Purchase by UTILITIES, INC. OF PENNBROOKE of the water and wastewater assets of Pennbrooke Utilities, Inc. (2003) (19) Sale by PARK MANOR WATERWORKS, INC. of its water and wastewater assets to Orange County, Florida. (2003) (20) Transfer of assets and assumption of financial obligations of GULF ENVIRONMENTAL SERVICES, INC. to and by Lee County, Florida. (2003) (21) Purchase by the CLAY COUNTY UTILITY AUTHORITY of the water system assets of Keystone Heights, Lake View Villas, Post Master Village, Geneva Lake Estates, and Keystone Club Estates Water Systems in Clay and Bradford Counties, Florida. (2003) (22) Sale by FLORIDA PUBLIC UTILITIES CORPORATION of its water system assets to the City of Fernandina Beach, Florida. (2003) (23) Purchase by BONITA SPRINGS UTILITIES, INC. of the wastewater assets of Bonita Country Club Utilities, Inc. (2002) (24) Purchase by UTILITIES SERVICES OF SOUTH CAROLINA, INC. of the water and wastewater assets of Utilities of South Carolina, Inc. (2002) (25) Purchase by UTILITIES SERVICES OF SOUTH CAROLINA, INC. of the water and wastewater assets of South Carolina Water and Sewer, LLC. (2002) (26) Purchase by WATER SERVICE COMPANY OF GEORGIA, INC. of the water and wastewater assets of Georgia Water and Sewer, LLC. (2002) (27) Purchase by WATER SERVICE CORPORATION OF KENTUCKY of the water and wastewater assets of Utilities of Kentucky, IncJAqua/KWS, Inc. (2002) (28) Purchase by UTILITIES, INC. of the water and wastewater assets of U. S. Utilities, Inc. (2002) (29) Purchase by LABRADOR UTILITIES, INC. of the water and wastewater assets of 17 Labrador Services, Inc. (2002) (30) Purchase by UTILITIES, INC. OF CENTRAL NEVADA of the water and wastewater assets of Central Nevada Utilities Company. (2002) (31) Sale by UNITED WATER FLORIDA, INC. of its water and wastewater assets to the JEA.(2001) (32) Sale by PINE RUN UTILITIES, INC. of its water assets to Marion County. (2001) (33) Sale by DECCA UTILITIES of its water and wastewater assets to Marion County. (2001) (34) Sale by STEEPLE CHASE UTILITY COMPANY, INC. of its assets to Florida Water Services Corporation. (2000) (35) Purchase by BURKIM ENTERPRISES, INC. of the water and wastewater assets of Connecticut General Development Utilities, Inc. in Brevard County. (2000) (36) Purchase by UTILITIES, INC. of all of the outstanding stock of Bermuda Water Company, Inc. (2000) (37) Purchase by SKIDAWAY UTILITY, INC. of the wastewater facilities of the Olde Atlanta Club in Forsyth County, Georgia. (2000) (38) Sale of Residual and Futures Interest of ST. LUCIE WEST UTILITIES, INC. to the St. Lucie West Services District. (1999) (39) Purchase by NORTH FORT MYERS UTILITY, INC. of the assets of MHC Systems, Pine Lakes and Lake Fairways Water and Wastewater Facilities in Lee County. (1999) (40) Sale of assets of UNITED WATER SOUTH GATE, INC. to Utilities, Inc. (1999) (41) Purchase by AQUASOURCE UTILITY, INC. of all of the outstanding stock of Lake Suzy Utilities, Inc. (1999) (42) Purchase by BONITA SPRINGS UTILITIES, INC. of the assets of Hacienda Treatment Plant, Inc. (1999) (43) Purchase by AQUASOURCE UTILITY, INC. of all of the outstanding stock of Longwood Run Utilities, Inc. (1999) (44) Purchase by AQUASOURCE UTILITY, INC. of all of the outstanding stock of Kensington Park Utilities, Inc. (1999) 18 REPORT ON UTILITY BILLING ISSUE UNDER VILLAGE ORDINANCE N0.547 Prepared for: Village of Tequesta 345 Tequesta Drive Tequesta, Florida 33469 Rose, Sundstrom & Bentley, LLP 2548 Blairstone Pines Drive Tallahassee, Florida 32301 850-877-6555 REPORT ON UTILITY BILLING ISSUE UNDER VILLAGE ORDINANCE N0.547 Executive Summary 1. It has been determined that residential water customers utilizing meters larger than 3/4" are being billed utilizing a rate structure inconsistent with the rate schedule set forth in Ordinance No. 547, in effect since 1999. 2. The following excerpt from Ordinance No. 547 sets out the approved consumption groupings for gallonage or consumption charge billing purposes: Consumption in Gallons Meter Size Block 1 Block 2 Block 3 Block 4 5/S" 0-12,000 12,001-25,000 25,001-40,000 Above 40,000 3/4" 0-12,000 12,001-25,000 25,001-40,000 Above 40,000 1" 0-30,000 30,001-62,000 62,001-100,000 Above 100,000 3. Customers with a meter size of 1" or larger are billed utilizing the same consumption blocks as the smaller meter sizes. This results in higher rates for customers with 1" meters than they would incur under Ordinance No. 547. This billing practice is not consistent with Ordinance No. 547, but is in keeping with the Public Resources Management Group, Inc. ("PRMG") Water Rate Evaluatian dated August, 1999 and prior Village billing practices. 4. Ordinance No. 547 was not drafted in accordance with the Village's history of billing practices regarding residential customer consumption blocks. Nor was it drafted in accordance with the recommendations set forth in the PRMG study commissioned at that time. 5. The weight of the evidence supports a conclusion that, in drafting Ordinance No. 547, utility staff inadvertently incorporated the non-residential consumption blocks into the residential customer billing structure for 1" meters. 6. Based on information available at the time of its adoption, there is no reason to believe the Council intended to deviate from the recommendation of the staff, rate consultant and prior practice and adopt an ordinance that incorporated the non-residential consumption blocks into the residential customer billing structure for 1" meters. 7. Collection of rates and charges in a manner inconsistent with the Water Rate Evaluation would result in unfair discrimination between classes of customers, and would not be in keeping with sound rate making practice. 8. It is recommended that the Village adopt an ordinance correcting Ordinance No. 547 and continue its current billing practice. REPORT ON UTILITY BILLING ISSUE UNDER VILLAGE ORDINANCE N0.547 1. Scope of Services. Rose, Sandstrom & Bentley, LLP has been engaged by the Village of Tequesta ("Village") to review a current water system billing practice under Village Ordinance No. 547, and recommend necessary or appropriate action as a result of such investigation. Village staff reports residential water customers with meters larger than 3/4" are billed utilizing a rate structure .inconsistent with the rate schedule set forth in Ordinance No. 547 in effect since 1999. The Ordinance sets rates using an inverted block rate structure. This means that as customer usage increases into the next block, the price of water increases, usually by about $1.00 per thousand gallons. The following Ordinance excerpt sets out the residential consumption groupings or blocks: Consumption in Gallons Meter Size Block 1 Bloc15,2 Block 3 Block 4 5/8" 0-12,000 12,001-25,000 25,001-40,000 Above 40,000 3/4" 0-12,000 12,001-25,000 25,001-40,000 Above 40,000 1" 0-30,000 30,001-62,000 62,001-100,000 Above 100,000 Despite this Ordinance provision, customers with meters 1" or larger have been billed utilizing the consumption blocks for smaller meter sizes. This may result in higher rates being paid by such customers, depending on usage. This billing practice is not consistent with Ordinance No. 547. It is however, consistent with the Public Resources Management Group, Inc. ("PRMG") Water Rate Evaluation dated August, 1999 ("Water Rate Study")upon which the Village relied in setting its current rates. 2. Background. The Village provides water service to over 4,500 residential and non-residential customers within and without the territorial boundaries of the Village. In the late 1990's, Village water system rates were reviewed and increased on several occasions. a. Ordinance No. 482 On January 12, 1995, the Village Council adopted Ordinance No. 482 amending Chapter 18 of the Code of Ordinances ("Code"). Section 2 of the Ordinance amended Section 18-3(b} of the Code to provide for a base facility (fixed monthly) charge depending on meter size and a residential water usage commodity rates as follows: For each 1,000 gallons or fraction thereof up to 12,000 gallons delivered ................................$1.44 For each 1,000 gallons or fraction thereof above 12,000 up to 25,000 gallons delivered ................2.40 For each 1,000 gallons or fraction thereof above 25,000 up to 40,000 gallons delivered .................3.30 For each 1,000 gallons or fraction thereof for all quantities delivered above 40,000 gallons............4.20 This rate structure, commonly referred to as a conservation rate, is intended to encourage conservation by increasing the price of water as consumption increases. Ordinance No. 482 imposed conservation rates on non-residential customers, however, a stepped approach was employed for the commodity charge based on customer meter size. For example, the first block or step for non-residential rates provides the following usage for the first rate level ($1.44 per 1000 gallons): 5/8" meter 1 -12,000 gallons 3/4" meter 1-18,000 gallons 1" meter 1- 30,000 gallons 1.5" meter 1- 60,000 gallons 2" meter 1 - 96,000 gallons 3" meter 1-180,000 gallons 4" meter 1- 300,000 gallons 6" meter 1- 600,000 gallons b. Ordinance No. 529 On November 13, 1997, the Village adopted Ordinance No. 529, amending Section 18-3 of the Code to reflect a new commodity rate for residential and non- residential customers. The new residential rates for all classes (meter sizes) were as follows: Residential (Effective November 1, 199'1) $1.55 for each 1,000 gallons or fraction thereof up to 12,000 gallons delivered $2.60 for each 1,000 gallons or fraction thereof above 12,000 up to 25,000 gallons delivered $3.55 for each 1,000 gallons or fraction thereof above 25,000 up to 40,000 gallons delivered $4.55 for each 1,000 gallons or fraction thereof for all quantities delivered above 40,000 gallons 2 Residential (Effective October 1, 1998) $1.62 for each 1,000 gallons or fraction thereof up to 12,000 gallons delivered $2.72 for each 1,000 gallons or fraction thereof above 12,000 up to 25,000 gallons delivered $3.70 for each 1,000 gallons or fraction thereof above 25,000 up to 40,000 gallons delivered $4.75 for each 1,000 gallons or fraction thereof for all quantities delivered above 40,000 gallons In contrast to the residential rates, the non-residential category of rates continued to recognize meter sizes ranging from 5/8" to 6" in conjunction with the stepped rate increases approved in the Ordinance. c. 1999 Water Rate Evaluation In 1999, the Village retained Public Resources Management Group, Inc. ("PRMG") to conduct a study of the Village's water rates, fees and charges. PRMG produced its Village of Tequesta Florida Water Rate Evaluation dated August, 1999 ("Water Rate Study"). The Executive Summary of the Water Rate Study states: ... [T]he Village felt it would be prudent to perform an in-depth review of the current monthly water user charges to enhance system revenue, adjust the capital improvement charges (impact fees) to ensure that growth pays its fair share for the reservation of capacity in the new facilities, and that other miscellaneous fees charged by the Village are sufficient to recover the total cost of providing services. As a result of these rate and fmancial objectives, the Village retained Public Resources Management Group, Inc. (PRMG) to review the rates, fees and charges, and recommend changes to the level of the fees charged where considered warranted. PRMG recommended changes to both residential and non-residential consumption rates, effective October 1, 1999, as follows: Consum 'on Chargglper 1.000 gallons of metered water): Consumption Block Parameters (OOOsI Block 1 Block 2 Block 3 Block 4 Rate $1.64 $2.75 $3.74 $4.80 Residential and Multi- Family Service (per unit) 0-12 12-25 25-40 Above 40 Commercial Meter Size g/g°° 0-12 12-25 25-40 Above 40 3/4" 0-12 12-25 25-40 Above 40 1°• 0-30 30-62 62-100 Above 100 1.5" 0-60 60-I25 125-200 Above 200 2°° 0-96 96-200 200-320 Above 320 3" 0-180 180-375 375-600 Above 600 4~> 0-300 300-625 625-1,000 Above 1,000 6" 0-600 600-1,250 1,250-2,000 Above 2,000 PRMG did not recommend a change in the residential rate structure consumption blocks that was adopted in Ordinance No. 547. When questioned about this, Robert Ori, President of PRMG, stated in a letter to the Village Manager dated May 23, 2007: Our recommendation was to continue the water quantity consumption blocks for the single-family residential class identified in the Prior Rate Ordinance. PRMG has no knowledge of why the water quantity consumption blocks for single-family residential class were adjusted. It appears that in drafting the Current Rate Ordinance, the Village may have copied the commercial water ~uanti charges inadvertently into the residential component of the Current Rate Ordinance. (Emphasis supplied). d. Ordinance No. 547 Ordinance No. 547, the current rate ordinance, adopted virtually all of the Water Rate Study's recommendations. However, in contrast to the history of Village rate ordinances, Ordinance No. 547 adopted water consumption blocks for residential customers based upon meter size as follows: (b) Quantity Rate Application to all quantities of water shown by meter readings to have been delivered (1) Residential accounts, including single-family and multi-family service classifications monthly: For each 1,000 gallons or fraction thereof pursuant to the Quantity Step Rate Table and applicable Gallonage Allowance Per Quantity Step Rate Table appearing below Quantity Step Rate Step 1 $1•~ Step 2 $2.75 Step 3 $3.74 Step 4 $4.80 Gallon~e Allowance Per Ouantit~ep Rate Table Meter Size Step 1 Sten Z Ste Step 4 ches 5/8 1-12,000 12,001-25,000 25,OOI-40,000 above 40,000 3/4 1-12,000 12,001-25,000 25,001-40,000 above 40,000 1 0 1-30,000 30,001-62,000 62,001-100,000 above 100,000 1 5 1-60,000 60,001-125,000 125,001- 200,000 above 200,000 2 p 1-96,000 96,001-200,000 200,001- 320,000 above 320,000 3 0 1-180,000 180,001-375,000 375,001- 600,000 above 600,000 4 1-300,000 300,001- 625,000 625,001-1,000,000 above 1,000,000 6 1-600,000 600,001-1,250,000 1,250,001- 2,000,000 above 2,000,000 4 Under Ordinance No. 547, for the first time, residential accounts were treated the same as non-residential accounts for water consumption billing purposes. This, notwithstanding the fact that under current Village policies, it is unlikely the Village will ever have more than a handful of residential customers with meters larger than 1", and unlikely to ever have residential customers with meters as large as 6".1 It is also worth noting that under Ordinance No. 547, rate schedules for residential and non-residential customers became identical. Identical rate schedules make it unnecessary to maintain separate schedules, and would normally result in consolidation into a single schedule. The fact that there are two distinct rate schedules, with identical rates and identical consumption blocks, provides some additional support for the proposition that the Ordinance was drafted in error. If it was the Village Council's intention to treat residential and non-residential water service customers in the same manner as to billing it would not make sense to have two separate schedules with identical rates and consumption blocks as such would be unnecessary. The fact two schedules exist suggests it was the Council's intent to have two separate schedules and for residential and non- residential customers to be treated differently with respect to billing rates and consumptions blocks. e Agenda Packalre and Memorandum The Agenda Package provided to Council members in preparation for the September 9, 1999 Council Meeting considering Ordinance No. 547 included a Memorandum dated September 2, 1999 from Utilities Director Matthew J. Morrison to Village Manager Thomas G. Bradford. Therein, Mr. Morrison wrote: The Ordinance codifies PRMG's recommended changes in Chapter 18-3 of the Village of Code of Ordinances (Attachment 2 -Ordinance). (Emphasis supplied). The Memorandum included as Attachment 3 proposed rates and charges as follows: Consumption Charge existing Rates Proposed Rates Block 1 0 to 12,000 gallons $1.62 $1.64 Block 2 12,001 to 25,000 $2.72 $2.75 Block 3 25,001 to 40,000 $3.70 $3.74 Block 4 Above 40,000 $4.75 $4.80 Consumption Blocks to Step 22 to 3 Step 4 Existing Block 3/4"Meter 1-18,000 19-37,000 38-60,000 61,000+ Proposed Block 314" Meter 1-12,000 12-25,000 25-40,000 40,000+ Note: For atl other meter sizes, the consumption blocks remain unchanged 1 Meters with these dimensions are typically associated with water consumption by a commercial enterprise, not normal household consumption where meter sizes are typically much smaller and often less than 1" in diameter. There was a recommendation to change the consumption blocks for 3/4" meters to make them consistent with the consumption blocks for 5/8" meters. However, Attachment 3 did not state that consumption blocks were to be adopted for residential customers. This would be unnecessary because the rate ordinance in affect at the time already incorporated that rate structure for residential customers. Attachment 3 was consistent with the Water Rate Study's recommendation that consumption blocks for non-residential customers be modified to treat customers having a 3/4" meter the same as customers having a 5/8" meter. According to the minutes to the Council's first reading of Ordinance No. 547: Utility Director Matthew Morrison reported he and Mr. Ori had reviewed the rates and charges and with Mr Ori's recommendations, modifications had been made to the Ordinance. (Emphasis supplied). f. Billing Practices Fallowing adoption of Ordinance No. 547 on September 9, 1999, the Village utility department failed to modify its billing computer program with regard to the amount of water to be included in each water consumption block for residential customers utilizing meters larger than 3/4" in size, in conformance with the Ordinance. The utility department never employed a rate structure for residential customers dependent upon meter size. At the time Ordinance No. 547 was adopted, the Village provided residential water service to the following number of single-family customers based upon meter size: Meter Size Sin~,le Family Customers 5/8" 3858 3/4" 310 1„ 217 1 i/2" 4 2>, 1 Single family customers comprise approximately 90% of the Villa~e's customer base and all are billed at the 5/8" meter rate set forth in Ordinance No. 547. g. Miscellaneous We have been advised that no current Village staff members with knowledge of this billing issue were working for the Village at the time Ordinance No. 547 was adopted. Therefore, there is no further information from Village Staff regarding the drafting of Ordinance No. 547 or the utility billing program changes occurring after its adoption. z This data reflecting the spectrum of residential customer use and residential meter size at the time further supports the conclusion that the Council did not intend to apply the non-residential rate structure to residential customers. Given the typical meter size for residential uses it would be illogical to make the commercial rate structure applicable to such use. 6 We also have been advised that the general procedure followed prior to the adoption of a revised rate ordinance is as.follows: • The Village's rate consultant reviews the Village's rate structure to determine whether sufficient revenues are being generated from the utility system to satisfy the utility's financial obligations. Such an analysis includes a review of the Village's bond covenants; and, • If the rate consultant determines that a rate increase is necessary, a report is prepared by the rate consultant in support of the rate consultant's recommendation for a rate increase, which necessarily accounts for the differences between residential and non-residential accounts; and, An ordinance, including a rate ordinance, is generally drafted by a Village staff member. Finally, the Village has outstanding its $7, 915,000 Water Revenue Bonds, Series 1998. Standard bond resolution provisions establish a contract between the municipality and the bond holders which obligates the municipality to set rates at a level sufficient to meet its operation and maintenance, debt service, and reserve needs. 3. Relevant Law. Issues of utility rate setting and implementation require consideration of certain areas of law including the following: a Municipal Rate Setting Authority A municipality has two sources of power to structure and adopt rates: home rule power found in Article VIII, §2(b), Florida Constitution, as implemented by §166.021, Florida Statutes and §180.13, Florida Statutes. Article VIII (?) §2(b) provides: Powers. Municipalities shall have governmental, corporate and proprietary powers to enable them to conduct municipal government, perform municipal functions and render municipal services, and may exercise any power for municipal purposes except as otherwise provided by law. Each municipal legislative body shall be elected. Section 180.13(2) Florida Statutes provides as follows: (2) The city council, or other legislative body of the municipality, by whatever name known, may establish just and equitable rates or charges to be paid to the municipality for the use of the utility by each person, firm or corporation whose premises are served thereby;... 7 b. Rate Setting Case Law In the classic case of Federal Power Commission v. Hope Natural Gas Co., the United States Supreme Court discussed the issue of utility rate making. In that opinion, Justice Douglas wrote in relevant part: Under the statutory standard of `just and reasonable' it is the result reached not the method employed which is controlling. [citations omitted] It is not theory but the impact of the rate order which counts. If the total effect of the rate order cannot be said to be unjust and unreasonable, judicial inquiry under the Act is at an end. The fact that the method employed to reach that result may contain infirmities is not then important. Federal Power Commission v. Hope Natural Gas Co., 320 U.S. 591 (1944). A number of cases in Florida have interpreted the municipal rate making function: "[I]nherent in .the authority to own and operate a utility is the authority to set reasonable rates and charges for such services and the power to do all things reasonably necessary in the conduct of such functions." City of Pompano Beach v. Oltman, 389 So. 2d 283, 285 (Fla. 4~' DCA 1980). With regard to the validity of a rate ordinance, the Fourth District Court (which has jurisdiction over the Village) went on to state: [l]ike other actions taken by legislative bodies, a utility rate ordinance is presumed valid, and the burden rests on those who attack such rates to cleazly demonstrate that such rates are arbitrary, unreasonable, or discriminatory. The city has no duty to explain or justify its actions in setting rates until such burden has shifted to it by the establishment of a prima facie case of invalidity based on competent evidence. City of Pompano Beach at 286. c. Mistake in Draftins Florida case law does not lend much guidance on the issue of clerical mistakes in ordinance drafting. In Village Saloon, Inc. v. Division of Alcoholic Beverages and Tobacco, Department of Business Regulation, 463 So. 2d 278, 282-283 (Fla. lst DCA 1984), an emergency amendment to an ordinance was passed three days after the ordinance containing the mistake. The court held that the original ordinance, which contained the clerical error, need not be specifically enforced. The court went so far as to mention that the emergency amendment correcting the mistake could have been given retroactive effect, although the time lapse between the ordinance containing the error and the amending ordinance was short. Case law in other jurisdictions is similarly limited. In Holland v. People, 59 N.E. 753, 754 (Ill. 1901), the court mentioned that if the mistake is clear from the ordinance as a whole, the mistake can be dismissed as clerical and applied without consequence. However, this principle is not a central issue in Holland and not discussed at length. Case law regarding mistakes made in drafting contracts provides some general, limited guidance. Handling a mistake in a written contract is dependent upon whether the mistake is mutual or unilateral. With regard to mutual mistake, the rule in Florida appears to be that courts, in exercising their equitable powers, will reform the contract to carry out the true intent of the parties. Feldman v. Kritch, 824 So. 2d 274, 277. "Relief should be given where, through a mistake of the scrivener, the instrument contains an [sicJ clerical error or fails to define the terms as agreed on by the parties." (quoting Steffens v. Steffens, 422 So. 2d 963 (Fla. 4~' DCA 1982). With regard to unilateral mistakes, Florida courts are much less likely to reform or even rescind the contract. Graham v. Clyde, 61 So. 2d 656 (Fla. 1952). However, subsequent appellate decisions have distinguished Graham and found that a contract containing a unilateral mistake may be rescinded In State Board of Control v. Clutter Construction Corp., 139 So. 2d 153 (Fla. 1~ DCA 1962), the court reasoned that the rule of law stated in Graham cannot possibly mean that equity will not step in to change a nnistake that was the result of simple negligence. Id. at 157-158. 4. Discussion of the Case. In 1999, the Village had approximately 220 residential customers with 1" meters, and approximately five residential customers with 1 1/2" and 2" meters ("Affected Customers"). Since 1999, the Affected Customers have been billed utilizing the rate structure for conservation block rates in effect prior to adoption of Ordinance No. 547. Ordinance No. 547 modified the conservation block rate structure for the Affected Customers, which modification the utility department failed to implement. As a result, the Affected Customers paid more for water than they would have had the Ordinance been fully implemented. How much more is unknown, and depends on customer usage. The utility department implemented rate changes consistent with the Water Rate Study provided by the Village's consultants. Putting aside the discussion of whether Ordinance No. 547 was drafted in error (as may be surmised based on several factors including its inconsistency with the Water Rate Study), we look to whether the Affected Customers have been treated equitably. To determine this we must consider two distinct aspects of rate-making: Development of a revenue requirement; and, Allocation of cost to customers through rates. A utility's revenue requirement is simply the money it must collect to pay its bills. These bills or costs include operation and maintenance expenses, general and administrative expenses, debt service (municipal bond payments), renewal and replacement and other reserve requirements. Costs are typically planned over a five yeaz period from which an annual revenue requirement is determined. This is the amount of money a utility must collect each year to cover its expenses. 9 A municipal utility system is funded through collection of impact fees and customer rates (and miscellaneous charges). Once the revenue requirement is determined, a rate structure is developed which, to the greatest extent possible, equitably allocates this revenue requirement among customer classes. These classes may include residential (single and multifamily), commercial, and general service (industrial). Customers within each class place differing demands on a utility's resources according to meter size. While not an exact science, a rate structure of the type recommended by an expert consultant such as PRMG in its Water Rate Study attempts to fairly allocate costs across all customer classes. Water demand from each customer class should result in revenue sufficient to meet utility expenses in a given year. In addition, costs are typically categorized as fixed or variable. Fixed costs are those which the Village must pay regardless of how much water is sold or wastewater is treated (such as debt service and insurance).- Variable costs are those which change based on usage (such as electricity and chemicals). The bulk of the fixed costs are recovered through the base monthly charge which customers pay regardless of usage. Variable costs are largely billed through the gallonage or consumption charge which likewise varies with customer use. No information has come to our attention to suggest the findings in the Water Rate Study were in error. If the Water Rate Study was correct, the actual rates implemented, and revenues collected, from Village utility customers (including the Affected Customers) were likewise correct. That is, despite the fact that the rate structure for the Affected Customers was not implemented as approved in Ordinance No. 547, the Village's utility revenue requirement and rate structure were determined and implemented in a manner consistent with the fmdings of the Water Rate Study. In other words, although the ordinance is not consistent with the recommendations of staff and the rate consultant, apparently as the result of a drafting error, the billing program is consistent with the recommendations of staff and the rate consultant. Accordingly, the subject charges are therefore consistent with the recommendations of staff and the rate consultant and are charges determined to be just, reasonable and appropriate to sustain the utility. Conversely, had the rate structure identified in Ordinance No. 547 been frilly implemented, the Affected Customers would have paid less than required by the rate structure set forth in the Water Rate Study and the utility system as a whole would have not met its revenue requirement. Given that the revenue requirement was spread equitably over all water customers through the Water Rate Study, the collection of rates from the Affected Customers in accordance with Ordinance No. 547 would, in fact, have been inequitable. Had Ordinance No. 547 been implemented with regard to the Affected Customers, customer rates would then have to be increased to make up for the shortfall in revenue. As a result of such rate increase, the general body of rate payers would, in effect, be subsidizing the Affected Customers. As it is, no class of customer was improperly benefited or harmed by the billing practice of the Village. 10 Under the statutory standard of `just and reasonable' it is the result reached, not the method employed, which is controlling. Collection of rates and charges in a manner inconsistent with the Water Rate Study would result in unfair discrimination between classes of customers, and would not be in keeping with sound rate making practice. 5 Findin s, Conclusions and Recommendations. Based upon the available information, having given appropriate weight to that information, and considering applicable law on the subject, we find and conclude as follows: a. The Water Rate Study did not recommend changing the Village's billing practices with respect to residential customers with 1" meters or larger to conform to the consumption blocks applicable to non-residential customers. b. The weight of the evidence supports a conclusion that, in drafting Ordinance No. 547, utility staff inadvertently incorporated the non-residential consumption blocks into the residential customer billing structure for 1" meters or larger. c. Based on information available at the time of its adoption, there is no reason to believe the Council intended to deviate from the recommendation of the staff, rate consultant, and prior practice and adopt an ordinance that incorporated the non- residential consumption blocks into the residential customer billing structure for 1" meters or larger. d. Following adoption of Ordinance No. 547, the Village's billing practices did not change with respect to the Affected Customers, and remained consistent with prior practice and the recommendations set forth in the Water Rate Study. e. Following adoption of Ordinance No. 547, the Village's billing practices remained consistent with general utility rate making principles and law. f. Based upon the Water Rate Study, rates charged by the Village following adoption of Ordinance 547, including rates charged the Affected Customers, were reasonable and non-discriminatory. Our recommendations are therefore as follows: a. Adopt a corrective ordinance correcting Ordinance No. 547, which incorporates the recommendations of the Water Rate Study and retains the current utility billing practice with respect to residential customers. b. Review and, as necessary, revise internal Village procedures for drafting and implementing ordinances and resolutions in an effort to avoid future issues of this type. c. Follow up on the rate consultant's recommendations regarding the Village's billing system to enable the development of more accurate information to evaluate the current rate structure. 11 ]:n reviewing this issue and preparing this Report we have had the cooperation of the Village Manager and Counsel. We have been provided relevant documents, and we have relied upon the authenticity of the documents reviewed and accurateness of other information provided to us. We have undertaken no independent investigation of the Village's utility billing system or practices and have relied on Village staff for information regarding such issues. We have undertaken no independent investigation of the accuracy or completeness of the Water Rate Study. This Report, and the information contained herein, may be relied upon only by the Village; there are no other intended beneficiaries. G'~ ~.{.~ ~.a~. . CJ~~`Llo¢.~-~ t John R. Je s, Esq. Daren L. Shippy, Esq. Rose, Sandstrom & Bentley, LLP 2548 Blairstone Pines Drive Tallahassee, Florida 32301 12