In her most recent newsletter, State Sen. Debbie Mayfield signaled she has lined up with Indian River Shores officials, who insist best way to sell Vero Beach’s entire electric system to Florida Power & light is to first carve off the Shores portion of the customers base. Without question, a bifurcated sale will be more costly and more complicated for the City. This reality seems to be of little concern to Mayfield, or the Shores officials. Vero Beach City Council members Harry Howle, Laura Moss and Lange Sykes also contend a partial sale for the Shores is their first priority, and is being pursued “in the context” of a full sale. Moss and Sykes, in particular, have strong ties to the Shores. In the recent municipal election, they received nearly all of their campaign contributions from Shores residents.
From Mayfield’s newsletter:
FMPA/Vero Electric Press Release
“After discussions with the Florida Municipal Power Agency (FMPA) and local government officials in Indian River County, tangible progress towards the sale of Vero Electric is taking place. In a letter the FMPA provided to the City of Vero Beach, the estimated exit cost from three All-Requirements Projects that the city is currently involved in is $108 million. Although completing this complicated transaction may take up to a year, it is the second phase of a two-part process which also includes the partial sale of Vero Electric’s Indian River Shores customers to FP&L in the near term.”