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{{#Wiki_filter:,~~,~~'~~ | {{#Wiki_filter:,~~,~~'~~ISETTLEMENT AGREEl1ENT Section1-Parties1.1ThisSettlement Agreement (Agreement), | ||
made1980,isbetweentheCityofOrlando,Florida,amunicipal corporation, andOrlandoUtilities Commission, astatutory commission underthelawsoftheStateofFlorida(collectively "Orlando" | |||
),andFloridaPowerLightCompany(FPL),acorporation dulyorganized, created,andexistingunderandbyvirtueofthelawsoftheStateofFlorida,whoarethe"Parties." | |||
Section2-Premises2.1Orlandohasintervened inanantitrust proceeding nowpendingbeforetheU.S.NuclearRegulatory Commission (NRC)involving theconstruction permitforSt.LuciePlant,Unit.No.2(St.LucieUnitNo.2),anucleargenerating unitownedbyFPLandcurrently underconstruction. | |||
Orlandahasalsosuggested totheNRCthatitshouldinitiatepro-ceedingsunderSection105aoftheAtomicEnergyActtodetermine whetherthelicensesofFPL'sthreeoperating nuclearplantsshouldberevokedormodified. | |||
Finally,Orlandohasconsidered enteringapendingcivilantitrust actionintheUnitedStatesDistrictCourtfortheSouthern80061VOVJq'OUNC11-'ATE Mtt~Pt',ltltl~~DOCUMENTARY P | |||
~~DistrictofFloridafiledagainstFPLbycertainFloridamunicipalities.2. | ~~DistrictofFloridafiledagainstFPLbycertainFloridamunicipalities. | ||
2.2ThePartiesagreetoresolvetheseandallsuchclaimsthatOrlandohasassertedormightassertasofthedateofthisAgreement onthebasisofthecovenants contained herein,whichincludeprovisions forFPLtoofferOrlandoanownership interestinSt.LucieUnitNo.2alongwithcertainotherrelatedservicesandarrangements, FPLtodefraycertainexpensesincurredbyOrlandoinpreparation forlitigation, andforOrlandotowithdrawfrom'participation incertainregulatory proceedings andtoreleaseFPLfromallclaims,contentions ordefensesgroundedupontheantitrust lawsandcertainotherregu-latorystatutes, whichOrlandocouldassertagainstFPLasofthedateofthisAgreement, allsuchcovenants tobecomeeffectiveandsuchpaymenttobemadeuponclosingasprovidedherein.Section3-Participation inSt.LucieUnitNo.23.1FPLshallaffordOrlandotheoppoitunity topurchasea6.08951%ownership shareofSt.LucieUnitNo.2.Thepartiesshallnegotiate aparticipation agreement forthepurchaseofsuchownership shareandparticipation byOrlandoinSt.LucieUnitNo.2.TheclosingprovidedinSection10ofthisAgreement e | |||
shalltakeplaceatthetimeofexecution ofsuchparticipa-tionagreement, oratamutuallyagreedtimewithin5businessdaysthereafter. | |||
3.2Ifnoparticipation agreement, asdescribed inSection3.1ofthisAgreement, isexecutedbyJune6,1980,thentheprovisions ofthisAgreement maybeterminated attheoptionofeitherpartybynoticegiveninwritingtotheotherparty.Section4-DeliverService4.1FromthedateFPLdeclaresSt.LucieUnitNo.2tobeincommercial operation, untiltheretirement ofSt.LucieUnitNo.2,FPLshalldelivertoOrlando,atoneormorepointswheretheelectricsystemsofthePartiesareinterconnected, anycapacityorenergytowhichOrlandoisentitledbyvirtueofthisAgreement. | |||
4.2ThePartiesshallnegotiate acontractforthedeliveryserviceprovidedinSection4.1ofthisAgreement, whichcontractshallprovidetherateandtermsandconditions forsuchdeliveryservice.XfthePartiesareunabletoagreeontherate,termsorconditions ofsuchacontract, FPLshallfileunilaterally itsproposedcontractwiththeFederalEnergyRegulatory Commission (FERC)atleast60daysbefore lI FPLdeclaresSt.LucieUnitNo.2tobeincommercial operation. | |||
Subjecttotheobligations undertaken pursuanttoSection9ofthisAgreement, nothinginthiscovenantshallpreventOrlandofromobjecting toanysuchrates,'termsorconditions beforetheFERC.ShouldtheFERCdetermine, inaf'naldecisionnolongersubjecttojudicialreview,thatthechargeprovidedinsuchcontractfiledunilaterally byFPLisnotjustandreasonable, FPLshallrefundanypaymentmadebyOrlandoinexcessofthechargefoundjustandreasonable bytheFERC,withinterestpaidinaccordance'ith applicable FERCregulations. | |||
Thecon-tractshallprovidethatFPL,atanytimeduringitsterm,mayunilaterally fileforachangeinratesortermsandconditions underSection.205oftheFederalPowerActorsuccessor legislation, andthatOrlando,subjecttotheobligations undertaken pursuanttoSection9ofthisAgreement, shallhavetherighttoobjecttoanysuchratesortermsandconditions beforetheFERC.Section5-St.LucieUnit,No.2'Backstand Services5.1AtOrlando's soleoption,FPLshallselltoOrlandoreplacement powerandenergy("backstand"), | |||
fromotherresources available toFPLattimesthatSt.LucieUnit.No.2iswhollyorpartially unavailable togenerateelectricity. | |||
Orlandoshallbeentitledtosuchbackstand whenandtotheextentthattheseasonalnetcapability ofitspercentage entitlement totheoutputofSt.LucieUnitNo.2(asdeter-minedfromtimetotimebyFPLapplyingthestandards usedbyFPLtoestablish theseasonalnetcapability ofallofitsnucleargenerating facilities), | |||
exceedsthenetpowerandenergyactuallyavailable toOrlandofromSt.LucieUnitNo.2.Ifsuchoptionisexercised, suchbackstand shallbeavailable toOrlandobeginning atthetimeFPLdeclaresSt.LucieUnitNo.2tobeincommercial operation untilSt.LucieUnitNo.2isretiredbyFPL;however,innocircumstances willFPLberequiredtoprovideOrlandoupwithtotalbackstand formorethan365consecutive days,foranysingleinstanceoroccurrence thatcausesthenetpowerandenergyavailable toOrlandofromSt.LucieUnitNo.2tobelessthantheseasonalnetcapability ofOrlando's ownership shareofsuchunit.OrlandomayexercisetheoptioninthiscovenantbynoticetoFPLgivenatanytimepriortothedateFPLdeclaresSt.LucieUnitNo.2tobeincommercial operation. | |||
5.2UpontimelynoticeunderSection5.1ofthisAgreement thatOrlandodesiresbackstand service,thePartiesshallnegotiate acontractforthesaleofbackstand servicebyFPL | |||
toOrlando, | toOrlando,whichcontractshallprovidetherateandtermsandconditions forsuchbackstand service.IfthePartiesareunabletoagreeonthetermsofsuchacontract, FPLwillunilaterally fileitsproposedcontractwiththeFERCat,least60daysbeforethedateofcommercial operation ofSt.'ucieUnitNo.2;providedthatFPIwillinnoeventberequiredtomakeanyfilinguntilatleast90daysafterthereceiptofthenoticeofexerciseofOrlando's optionpursuanttoSection5.1ofthisAgreement. | ||
Subjecttotheobligations undertaken pursuanttoSection9ofthisAgreement, nothinginthiscovenant, shallpreventOrlandofromobject-ingtoanysuchrates,termsorconditions beforetheFERC.ShouldtheFERCdetermine, inafinalordernolongersubjecttojudicialreview,thatthechargesprovidedinsuchcontractfiledunilaterally byFPLarenotjustandreasonable, FPLshallrefundanypaymentmadebyOrlandoinexcessofthechargefoundjustandreasonable bytheFERC,withinterestpaidinaccordance withapplicable FERCregulations. | |||
ThecontractshallprovidethatFPL,atanytimeduringitsterm,mayunilaterally fileforachangeinratesortermsandconditions underSection205oftheFederalPowerActorsuccessor legislation, andthatsubjecttoSection9ofthisAgreement Orlandoshallhavetherighttoobjecttoanysuchrates,termsorconditions beforetheFERC. | |||
Section6- | Section6-Additional Participation andUnitPowerSellback6.1AtOrlando's soleoption,Orlandomaypurchaseanadditional 2.02781%ownership interestinSt.LucieUnitNo.2("Additional Share")overandabovethetotalownership interest. | ||
inSt.LucieUnitNo.2providedin1Secti'on3.1ofthisAgreement. | |||
OrlandomayexercisetheoptiontopurchasesuchAdditional SharebynoticegiventoFPLatanytimepriortoJanuary1,1'983.Ifsuchoptionistimelyexercised, theparticipation agreement shallbedrawnoramendedtoprovidefortransfertoOrlandoofatotalownership shareof8.11732%. | |||
6.2IfOrlandoexercises theoptionset.forthinSection6.1ofthisAgreement, FPLshallrepurchase twenty-fivepercent(25%)ofthecapacityandassociated energyderivedfromOrlando's total8.11732%ownership shareofSt.LucieUnit.No.2,foratermequaltotheoperating lifeofSt.LucieUnitNo.2.6.3IfOrlandoexercises theoptionsetforthinSection6.1;thePartiesshallnegotiate acontractfortherepurchase ofOrlando's St.LucieUnitNo.2capacity("repurchase agreement"). | |||
Therepurchase agreement shallprovidethatFPLshallpayOrlando,fortherepurchase of | |||
capacityandassociated energyprovidedinSection6.2ofthisAgreement, allofOrlando's costsassociated withthecapacitysubjecttosuchrepurchase. | |||
Suchcostsaretoinclude,withoutlimitation, allcostsincurredbyOrlandoinconnection withoperation andmaintenance, fuel,andacapitalchargecalculated onthebasisofonehundredpercent(100%)debtfinancing, thepercentage costofsuchdebttobedetermined onthebasisoftheaveragecostofOrlando's debtcapitalappliedtoOrlando's acquisition ofitsownership shareinSt.LucieUnitNo.2,towhichonepercent(1%)shallbeadded.6.4TheoptionandFPL'sagreement torepurchase capacityandenergyprovidedinthisSection6havebeenagreeduponbythePartiesbasedontheirmutualunderstand-ingthatinterestontheinstruments ofdebtissuedbyOrlandotofinanceacquisition ofitsshareofSt.LucieUnitNo.2willbeexcludedfromthegrossincomeofthelenderforFederalIncomeTaxpurposes("taxexemptfinancing"). | |||
OrlandoshallnotexercisetheoptionprovidedinthisSection6unlessit,believesingoodfaithatthetimeofitsexerciseoftheoptionthattherepurchase pricepaidbyFPLpursuanttoSection6.3willreflectacapitalchargebasedupontaxexemptfinancing byOrlando.Inanyevent, | |||
FPLshallnot. | FPLshallnot.berequiredtoenterintotherepurchase agreement providedinthisSection6unlessithasreasonable assurance thatthecapitalchargeprovidedthereinshallbebasedupontaxexemptfinancing. | ||
Section7-NuclearReliabilit ExchaneI7.1AtOrlando's soleoption,saidoptiontobeexercised bynoticetoFPLgivennotlaterthanJanuary1,1983,'hePartiesshallnegotiate anuclearreliability exchangeagreement underwhichOrlandowillexchangethree-quartersofthecapacityandassociated energyfromitsownership shareofSt.'ucieUnitNo.2foranequalamountofcapacityandassociated energyfromTurkeyPointUnitNos.3and4andSt.LucieUnitNo.1("exchangeunits").Thecapacitysoexchanged willbedividedequallyamongtheexchangeunits.Forpurposesofthenuclearreliability exchangeagreement, "capacity" shallbeexpressed inkilowatts. | |||
Orlando's rightsat,anygiventimetothecapacityandassociated energyofanysuchexchangeunitshallbe.aper-centageofsuchunit'snetcapability atsuchtime,calculated asfollows:(i)Orlando's kilowattentitlement tothecapacityandenergyofSt.LucieUnitNo.2shallbedetermined byapplyingitspercentage ownership'hare ofSt.LucieUnitNo.2(priortotheexchange) totheanticipated maturesummer | |||
I~~~I~ | I~~~I~l10seasonalnetcapability ofSt.LucieUnitNo.2asdetermined byFPLasofthedateFPLdeclaresSt.LucieUnitNo.2incommercial operation, applyingthestandards usedbyFPLtoestablish theseasonalnetgenerating capability ofallofitsnucleargenerating facilities; (ii)Todetermine Orlando's percentage entitlement tothenetcapacityandenergyofsuchexchangeunit,one-fourth ofthekilowattentitlement determined under(i)shallbedividedbythenormalsummer.seasonalnetcapability inkilowatts foreachsuchunit(with"normalsummerseasonalnetcapability" determined, ineachinstance, byFPLasofthedatethatFPLdeclaresSt.LucieUnitNo.2incommercial operation, applyingthestandards'used byFPLtoestablish theseasonalnetgenerating capability ofallofitsnucleargenerating facilities). | ||
Thenuclearreliability exchangeagreement shallprovidethat:(a)nochangeinownership ofanygenerating facilityshallbeinvolved, (b)eachPartyshallcontinuetobearallinvestment andotherfixedcostsassociated withthegenerating facilities ownedbyit,(c)eachPartyshallberesponsible forthefuelandothervariablecostsassociated withthecapacityandenergyavailable toit,and(d)thenuclearreliability exchangeshallcommenceifandwhenFPLdeclaresSt.LucieUnitNo.2incommercial operation andshall | |||
terminate whenFPLretiresSt.LucieUnitNo.2.TheoptionprovidedinthisSectionmaybeexercised onlyifOrlando,atorpriortothetimeoftheexerciseofthisoption,exercises theoptionprovidedinSection6ofthisAgreement. | |||
Section9- | Section8-Reimbursement ofLitiationExenses8.1Uponclosing,FPLshallreimburse Orlandoforcertainlitigation expenseswhichithasincurredthroughparticipation intheproceedings beforetheNRCnamedinSection9.2ofthisAgreement, aswellassuchexpensesincurredinpreparing fororexploring the.possibility ofjoininginthesuitpendingintheUnitedStatesDistrictCourtfortheSouthernDistrictofFlorida,CivilActionNo.79-5101-Civ-JLK. | ||
-13subsidiaries,affiliates,orsuccessors, | FPLshallreimburse Orlandoforall1suchexpensesuptoamaximumlimitof$100,000.8.2Atleast10businessdayspriortotheclosingprovidedinSection10ofthisAgreement, OrlandoshallpresenttoFPLabillingfortheexpensesprovidedinSection8.1.Suchbillshallincludejustification fortheamountclaimedtotheextentthesameisevidenced bytheinvoicesandpaymentthereof.FPLshallmakethepaymentprovidedinSection8.1attheclosing. | ||
Section9-ReleaseandWithdrawal ofClaims9.1OrlandoagreestoexecutetheRelease,appendedtothisAgreement asAttachment A,anddeliverittoFPLatthetimeofclosing.9.2Uponclosing(a)Orlandoshalltakesuchstepsasarenecessary towithdrawitsintervention intheNRCantitrust licensing proceeding styledFloridaPowerLightCompany(St.LuciePlant,UnitNo.2)DocketNo.50-389A;(b)Orlandoshallwithdrawitsrequest,submitted inresponsetoaJuly27,1978,OrderoftheNRCinamatterstyledFloridaPoweraLightCompany(St.LuciePlant,UnitNos.1and2)DocketNos.50-335A,50-389A;FloridaPoweraLiqhtCompany(TurkeyPointPlant,UnitNos.3and4)Docket.Nos.50-250A,50-251A,thattheNRCconduct,aproceeding withrespecttoFPLunderSection105aoftheAtomicEnergyAct,andifanysuchproceeding iscommenced, Orlandoshallnotparticipate therein.9.3Orlandoshallnotbringsuitorotherwise assertagainstFPL,FPL'spast,presentandfutureparents,subsidi-aries,affiliates, orsuccessors, ortheofficers, directors, employees, | |||
: partners, oragentsofFPL'ndsuch'arents, i | |||
-13subsidiaries, affiliates, orsuccessors, ortheheirsandlegalrepresentatives ofsuchofficers, directors, employees, partnersoragents,inanycourt,administrative forum,proceeding orhearingoftheUnitedStatesoranystate,anyclaim,contention, ordefenseunderorgroundeduponthosestatutesrecitedintheReleaseappendedasAttachment AtothisAgreement, baseduponanyactionorinactionbyFPLorbyreasonofanycause,matterorthingwhatsoever, fromthebeginning oftheworldtothedate'fthisAgreement. | |||
9.4Negotiation, execution, oracceptance ofthisAgreement isnotanadmission of,nordoesitcreateapresumption of,anyviolation ofanylawonthepartofeitherParty.Section10-Closin10.1Thereshallbeaclosingatthetimedesignated inaccordance withSection3ofthisAgreement, attheGeneralOfficesofFPL,9250N.FlaglerStreet,Miami,Florida.Atthetimeofclosing,FPLshallmakethepaymenttoOrlandoasprovidedinSection8ofthisAgreement. | |||
OrlandoshalldelivertoFPLanexecutedRelease(Attachment A)asprovidedinSection9.1ofthisAgreement. | |||
FPL'sobligations underSections4,5,6,7,8andllandOrlando' Il',IL= | |||
covenants underSection9ofthisAgreement shallnotbeeffective untilclosing,butshallbeeffective uponandafterclosing.SectionllParitwithPartiestoSubseuentSettlement Areements11.1ShouldFPLenterintoanegotiated agreement subsequent tothisAgreement (subsequent agreement) withanymunicipality inFloridainsettlement ofthesuitdescribed inSection8.1ofthisAgreement oreitheroftheNRCpro-'\ceedingsdescribed inSection9.2ofthisAgreement, FPL/shalltransmitanysuchsubsequent agreement. | |||
toOrlando.Iftheconsideration grantedbyFPLinanysubsequent agreement forsettlement oftheproceedings listedintheforegoing sentenceprovidesanysuchmunicipality withdifferent, orquantitatively greater,benefitsthanthisAgreement providesOrlando,Orlandomay,bynoticegiventoFPLnotmorethan90daysafterthedateonwhichFPLhastransmitted suchsubsequent agreement toOrlando,requestthatFPLamendthisAgreement toincorporate thetermsofsuchsubsequent agreement requested byOrlando;inwhichevent,FPLshallsoamendthisAgreement, providedthatFPLmayrequirethatsuchamendment incorporate anytermsofsuchsubsequent agreement desiredbyFPL. | |||
Xndetermining whetheraprovision inasubsequent Agreement grantinganownership interestinSt.LucieUnitNo.2providesadifferent, orquantitatively greaterbenefitthanisprovidedbythegrantingofownership interestinSt.LucieUnitNo.2inthisAgreement, thefollowing principle willapply:lfsuchsubsequent Agreement providesanysuchmunicipality withashareofSt.'ucieUnitNo.2(exclusive ofanyownership sharegrantedinconjunction witha"sellback" arrangement similartothatdescribed inSection6ofthisAgreement) whichconstitutes apercentage ofsuchmunicipality's 1977peakelectricloadwhichisgreaterthantheparticipation shareprovidedinSection3.1ofthisAgreement expressed asapercentage ofOrlando'1977peakelectricload,Orlandomayrequest.theopportunity forownership, ofaninterestin'St.LucieUnitNo.2equaltothehigherpercentage appliedtoOrlando's 1977peakload.Forpurposesofthisdetermination, anyentity'sshareinSt.LucieUnitNo.2shallbeexpressed inkilowatts byapplyingitsownership percentage inSt.LucieUnitNo.2to802megawatts. | |||
Asettlement agreement madeinconsideration ofaparticular municipality's agreeingnottobecomeapartytotheproceedings described aboveshallbetreatedasanagreement insettlement ofsuchproceedings. | |||
- | -16Thisprovision andanyprovision oftheparticipation agreement betweenFPLandOrlandoforSt.LucieUnitNo.2whichpermitsOrlandotoobtainparitywiththetermsofaparticipation agreement executedbetweenFPLandathirdpartyareintendedtooperateindependently, andeachshallremaininfullforceandeffect.Suchprovision oftheparticipation agrebment shallnot.beconstrued toaffecttheoperation ofthisprovision, andthisprovision shall~'rnotbeconstrued toaffecttheoperation ofsuchprovision oftheparticipation agreement. | ||
Section12-Remedies12.1ThePartiesagreethatspecificperformance, andnot,rescission andrestitution ordamages,shallbethesoleremedyforanybreachofthisAgreement byeitherParty',whetherthatbreachispartialortotal,exceptinsofarasthisAgreement explicitly setsforthotherremedies. | |||
Section13-GeneralProvisions 13.1Ifanypart,termorprovision ofthisAgreement oroftheReleaseappendedasAttachment AisheldtobeillegalorinconflictwithanyofthelawsoftheStateofFloridaoroftheUnitedStatesinanygivencircumstance underanyset.offacts(a)the'validity oftheremaining portionsorprovisions astothosecircumstances orsetof | |||
-17factsshallnotbeaffected,(b) | -17factsshallnotbeaffected, (b)thevalidityoftheentireAgreement orReleaseastoanyothercircumstances orsetoffactsshallnotbeaffectedand(c)therightsandobligations ofthePartiesshallbeconstrued andenforcedastothesecircumstances orsetoffactsasiftheAgreement orReleasedidnotcontaintheparticular part,term,orprovision heldtobeinvalidasappliedtothesecircumstances orsetoffacts.13.2ThePartiesshallcooperate toexpedite'nd resolveanymattersbeforeanystateorfederalregulatory forumwhichmaybenecessary toimplement anyprovision ofthisAgreement, eachpartytobearitsownrespective legalexpensesandcostsincurredinsuchmatters.13.3ThisAgreement shallbegovernedbythelawsoftheStateofFlorida,orbyUnitedStatesfederallaw,asapplicable. | ||
13.4NeitherthisAgreement noranypartthereofshallbeassignedbyeitherPartywithoutpriorwrittenconsentoftheotherParty.13.5Waiverofanyprovision orprovisions ofthisAgreement byaPartyorthePartiesshallnotaffecttheremaining provisions oftheAgreement. | |||
13.6AllnoticestobegivenunderthisAgreement shallbeinwritingandshallbe'deemedtobegivenwhenmailed. | |||
A-18NoticestobegiventoFPLshallbedirectedtoFPL' | A-18NoticestobegiventoFPLshallbedirectedtoFPL'sCoordinator ofInter-utility Affairs,9250W.FlaglerStreet,Miami,Florida33101.NoticestobegiventoOrlandoshallbedirectedtoHarryC.Luff,Jr.,Assistant GeneralManager,OrlandoUtilities Commission, 500S.OrangeAvenue,Orlando,Florida32801.Thedesignation ofapersontobenotified, ortoreceivecopiesofnotices,ortheaddressofanysuchperson,maybechangedatanytimebynotice.13s7ThisAgreement shallbeeffective onthedateexecutedbythePartiesandshallcontinueineffectuntilallobligations providedhereunder aredischarged. | ||
INWITNESSWHEREOF,thePartieshaveexecutedthisAgreement onthedatesetoutinSectionl.ORLANDOILITISCOMMSSIONAttest:N-C.,+By,'/AssistaIIt Secretary' legalityApprovedastoform6/480PPgeresIeTIfAPPROVEOAETOFORMCITYOFORLANDO,FLORIDAASSISTANT CITYATTORilEY ORLANDO,FLORIDAt~rneyforOrlandotali'C.iissionAttest;,ff/VByG.MichaelMillerDeputyCityClerkhl.ShhtonAdams,IlayorProternFLORIDAPOWERErTCOMPANYAttest:~@~ByassiT~SpCppTBRZl gc@Presrdent | |||
ATTACHMENT ARELEASEKNOWALLHENBYTHESEPRESENTSTHATCityofOrlando,Florida,amunicipal corporation, andtheOrlandoUtilities Commission, astatutory commission under.thelawsoftheStateofFlorida(collectively "Orlando" | |||
),onbehalfofthemselves andallpersonsclaimingunderthemandtheirpredecessors, successors, andassigns;andalloftheirpast,present,andfutureofficers, agentsandemployees, andtheirrespective heirsandlegalrepresentatives, forgoodandvaluableconsideration fromFloridaPower6LightCompany(FPL),acorporation incorporated underthelawsoftheStateofFlorida,thereceiptofwhichisherebyacknowledged, doherebyrelease,remise,andforeverdischarge FPL,FPL'spast,presentandfutureparents,subsidiaries, affiliates, andsuccessors, andtheofficers, directors, | |||
: partners, agents,andemployees ofFPLandsuchparents,subsidiaries, affiliates, andsuccessors, andtheheirsandlegalrepresentatives ofsuchofficers, directors, employees, | |||
: partners, andagents,ofandfromall,andallmannerof,actionsandcausesofactions,suits,cia'ims,contentions, judgments ordefensesunderorbasedorgroundedupon(a)theantitrust. | |||
lawsoftheUnitedStates,asdefinedin15U.S.C.gl2(a)asamended,togetherwiththeFederal | |||
TradeCommission Act,15U.S.C.545,asamended,(b)theantitrust lawsoftheStateofFlorida,Fla.Stat./f501.204, 501.211,542.05,542.10and542.12,(c)theAtomicEnergyActof1954,42U.S.C.552011et.seq.,(d)Sections4,5and7oftheNaturalGasAct,15U.S.C.5g717c,717(d)and717f,or(e)Sections205and206oftheFederalPowerAct,16U.S.C.55824dand824e,toincludewithoutlimita-tionthosecausesofactions,suits,claims,contentions, judgments anddefenseswhichcouldbeassertedinanycourtoradministrative forum,proceeding, orhearingoftheUnitedStatesoranystate,andalsotoinclude,withoutlimitation, thosearisingoutofthemattersallegedinCivilActionNo.79-5101-Civ-JLK intheUnitedStatesDistrictCourt.fortheSouthernDistrictofFlorida,whethertheybepresently knownorunknownorsuspected orunsuspected, andwhethertheyberelatedorunrelated tothelitiga-tionreferredtoaboveastolaworfactsorboth,whichagainstthesaidreleasees thesaidreleasors oranyof,themeverhad,nowhave,orwhichtheirheirs,executors, administrators, successors, orassigns,oranyofthem,hereafter can,shallormayhave,for,orbyreasonofanycause,matterorthingwhatsoever, fromthebeginning of | |||
theworldtothedateofthisRelease.INWITNESSWHEREOF,Ihavehereuntosetmyhandandsealthis~Z~dayofSIGNEDANDSEALEDinthepresenceof(Seal)1980.APPROVEDASTOMANDLEGALITYJ4. | theworldtothedateofthisRelease.INWITNESSWHEREOF,Ihavehereuntosetmyhandandsealthis~Z~dayofSIGNEDANDSEALEDinthepresenceof(Seal)1980.APPROVEDASTOMANDLEGALITYJ4.1980torneyforOrlandoUtilities mmissionORLANDOUTIL-XBCOMMSSION(Seal)By.PresidehAttest:/ByeSh'amAttest:G.MichaelMillerDeputyCityClerkAssistant Secretrv'4APPROqEOAsTOfORMP'.I/~PiCITYOFORLANDO~FLORIDAN~LEGALITY8CihlxiFASSISTART CITYATTPIInO'gUIgpp fI.DRIDAorProtern | ||
UNITEDSTATESOFAMERICANUCLEARREGULATORY COMMISSION BEFORETHEATOMICSAFETYANDLICENSING BOARDIntheMatterofFLORIDAPOWER6LIGHTCOMPANY(St.LuciePlant,UnitNo.2)NRCDocketNo.50-389ACERTIFICATE OFSERVICEIherebycertifythatcopiesoftheletterdatedJune121980,fromJ.A.Boukniqht, Jr.,tothemembersoftheAtomicSafetyandLicensing Boardwereservedonthefollowing bydepositintheUnitedStatesmail,firstclassandpostageprepaid,this12thdayofJune,1980:IvanW.Smith,Esq.,ChairmanAtomicSafetyandLicensing BoardU.S.NuclearRegulatory Commission Washington, D.C.20555Valentine B.Deale,Esq.,MemberAtomicSafetyandLicensing Board1001Connecticut Avenue,N.W.Washington, D.C.20036RobertM.Lazo,Esq.,MemberAtomicSafetyandLicensing BoardU.S.NuclearRegulatory Commission Washington, D.C.20555Docketing andServiceSectionOfficeoftheSecretary U.S.NuclearRegulatory Commission Washington, D.C.20555JeromeSaltzman, ChiefAntitrust | |||
&Indemnity GroupU.S.NuclearRegulatory Commission "Washington, D.C.20555ThomasGurney,Sr.,Esq.203NorthMagnoliaAvenueOrlando,Florida32802AtomicSafetyandLicensing BoardU.S.NuclearRegulatory Commission Washington, D.C.20555TracyDanese,Esq.VicePresident forPublicAffairsFloridaPower6LightCompanyP.O.Box013100Miami,Florida33101JackW.Shaw,Jr.,Esq.JohnE.Mathews,Jr.,Esq.Mathews,Osborne,Ehrlich,McNatt,GobelmanaCobb1500.AmericanHeritageLifeBldg.11EastForsythStreetJacksonville, Florida32202RobertE.BathenFredSafferR.W.Beck6Associates P.O.Box6817Orlando,Florida32803RobertA.Jablon,Esq.AlanJ.Roth,Esq.2600VirginiaAvenue,N.W.Washington, D.C.20037WilliamC.Wise,Esq.Suite500120018thStreet,N.W.Washington, D.C.20036 | |||
DonaldA.Kaplan,Esq.,JanetR.Urban,Esq.,JohnS.Caragozian,Esq.,RobertFabrikant,Esq.,GeorgeM.Pond,Esq., | DonaldA.Kaplan,Esq.,JanetR.Urban,Esq.,JohnS.Caragozian, Esq.,RobertFabrikant, Esq.,GeorgeM.Pond,Esq.,Antitrust | ||
: Division, Dept.ofJusticeP.O.Box14141Washington, D.C.20044WilliamH.Chandler, Esq.Chandler, O'Neal,Avera,Gray,Land6Stripling PostOfficeDrawer0Gainesville, Florida32602DanielM.Gribbon,Esq.HerbertDym,Esq.JoanneB.Grossman, Esq.Covington 6Burling888Sixteenth Street,N.W.Washington, D.C.20006JosephRutberg,Esq.LeeScottDewey,Esq.FredericD.Chanania, Esq.CounselforNRCStaffU.S.NuclearRegulatory Commission Washington, D.C.20555CharlesR.P.Brown,Esq.Brown,PaxtonandWilliams301South6thStreetP.O.Box1418FortPierce,Florida33450JABouknight JrLowenstein, Newman,Reis,Axelrad6Toll1025Connecticut Avenue,NWWashington, DC20036(202)862-8400Dated:June12,1980}} |
Revision as of 18:12, 29 June 2018
ML17208A703 | |
Person / Time | |
---|---|
Site: | Saint Lucie ![]() |
Issue date: | 06/05/1980 |
From: | ADAMS M S FLORIDA POWER & LIGHT CO., ORLANDO UTILITIES COMMISSION, ORLANDO, FL |
To: | |
Shared Package | |
ML17208A702 | List: |
References | |
NUDOCS 8006170499 | |
Download: ML17208A703 (46) | |
Text
,~~,~~'~~ISETTLEMENT AGREEl1ENT Section1-Parties1.1ThisSettlement Agreement (Agreement),
made1980,isbetweentheCityofOrlando,Florida,amunicipal corporation, andOrlandoUtilities Commission, astatutory commission underthelawsoftheStateofFlorida(collectively "Orlando"
),andFloridaPowerLightCompany(FPL),acorporation dulyorganized, created,andexistingunderandbyvirtueofthelawsoftheStateofFlorida,whoarethe"Parties."
Section2-Premises2.1Orlandohasintervened inanantitrust proceeding nowpendingbeforetheU.S.NuclearRegulatory Commission (NRC)involving theconstruction permitforSt.LuciePlant,Unit.No.2(St.LucieUnitNo.2),anucleargenerating unitownedbyFPLandcurrently underconstruction.
Orlandahasalsosuggested totheNRCthatitshouldinitiatepro-ceedingsunderSection105aoftheAtomicEnergyActtodetermine whetherthelicensesofFPL'sthreeoperating nuclearplantsshouldberevokedormodified.
Finally,Orlandohasconsidered enteringapendingcivilantitrust actionintheUnitedStatesDistrictCourtfortheSouthern80061VOVJq'OUNC11-'ATE Mtt~Pt',ltltl~~DOCUMENTARY P
~~DistrictofFloridafiledagainstFPLbycertainFloridamunicipalities.
2.2ThePartiesagreetoresolvetheseandallsuchclaimsthatOrlandohasassertedormightassertasofthedateofthisAgreement onthebasisofthecovenants contained herein,whichincludeprovisions forFPLtoofferOrlandoanownership interestinSt.LucieUnitNo.2alongwithcertainotherrelatedservicesandarrangements, FPLtodefraycertainexpensesincurredbyOrlandoinpreparation forlitigation, andforOrlandotowithdrawfrom'participation incertainregulatory proceedings andtoreleaseFPLfromallclaims,contentions ordefensesgroundedupontheantitrust lawsandcertainotherregu-latorystatutes, whichOrlandocouldassertagainstFPLasofthedateofthisAgreement, allsuchcovenants tobecomeeffectiveandsuchpaymenttobemadeuponclosingasprovidedherein.Section3-Participation inSt.LucieUnitNo.23.1FPLshallaffordOrlandotheoppoitunity topurchasea6.08951%ownership shareofSt.LucieUnitNo.2.Thepartiesshallnegotiate aparticipation agreement forthepurchaseofsuchownership shareandparticipation byOrlandoinSt.LucieUnitNo.2.TheclosingprovidedinSection10ofthisAgreement e
shalltakeplaceatthetimeofexecution ofsuchparticipa-tionagreement, oratamutuallyagreedtimewithin5businessdaysthereafter.
3.2Ifnoparticipation agreement, asdescribed inSection3.1ofthisAgreement, isexecutedbyJune6,1980,thentheprovisions ofthisAgreement maybeterminated attheoptionofeitherpartybynoticegiveninwritingtotheotherparty.Section4-DeliverService4.1FromthedateFPLdeclaresSt.LucieUnitNo.2tobeincommercial operation, untiltheretirement ofSt.LucieUnitNo.2,FPLshalldelivertoOrlando,atoneormorepointswheretheelectricsystemsofthePartiesareinterconnected, anycapacityorenergytowhichOrlandoisentitledbyvirtueofthisAgreement.
4.2ThePartiesshallnegotiate acontractforthedeliveryserviceprovidedinSection4.1ofthisAgreement, whichcontractshallprovidetherateandtermsandconditions forsuchdeliveryservice.XfthePartiesareunabletoagreeontherate,termsorconditions ofsuchacontract, FPLshallfileunilaterally itsproposedcontractwiththeFederalEnergyRegulatory Commission (FERC)atleast60daysbefore lI FPLdeclaresSt.LucieUnitNo.2tobeincommercial operation.
Subjecttotheobligations undertaken pursuanttoSection9ofthisAgreement, nothinginthiscovenantshallpreventOrlandofromobjecting toanysuchrates,'termsorconditions beforetheFERC.ShouldtheFERCdetermine, inaf'naldecisionnolongersubjecttojudicialreview,thatthechargeprovidedinsuchcontractfiledunilaterally byFPLisnotjustandreasonable, FPLshallrefundanypaymentmadebyOrlandoinexcessofthechargefoundjustandreasonable bytheFERC,withinterestpaidinaccordance'ith applicable FERCregulations.
Thecon-tractshallprovidethatFPL,atanytimeduringitsterm,mayunilaterally fileforachangeinratesortermsandconditions underSection.205oftheFederalPowerActorsuccessor legislation, andthatOrlando,subjecttotheobligations undertaken pursuanttoSection9ofthisAgreement, shallhavetherighttoobjecttoanysuchratesortermsandconditions beforetheFERC.Section5-St.LucieUnit,No.2'Backstand Services5.1AtOrlando's soleoption,FPLshallselltoOrlandoreplacement powerandenergy("backstand"),
fromotherresources available toFPLattimesthatSt.LucieUnit.No.2iswhollyorpartially unavailable togenerateelectricity.
Orlandoshallbeentitledtosuchbackstand whenandtotheextentthattheseasonalnetcapability ofitspercentage entitlement totheoutputofSt.LucieUnitNo.2(asdeter-minedfromtimetotimebyFPLapplyingthestandards usedbyFPLtoestablish theseasonalnetcapability ofallofitsnucleargenerating facilities),
exceedsthenetpowerandenergyactuallyavailable toOrlandofromSt.LucieUnitNo.2.Ifsuchoptionisexercised, suchbackstand shallbeavailable toOrlandobeginning atthetimeFPLdeclaresSt.LucieUnitNo.2tobeincommercial operation untilSt.LucieUnitNo.2isretiredbyFPL;however,innocircumstances willFPLberequiredtoprovideOrlandoupwithtotalbackstand formorethan365consecutive days,foranysingleinstanceoroccurrence thatcausesthenetpowerandenergyavailable toOrlandofromSt.LucieUnitNo.2tobelessthantheseasonalnetcapability ofOrlando's ownership shareofsuchunit.OrlandomayexercisetheoptioninthiscovenantbynoticetoFPLgivenatanytimepriortothedateFPLdeclaresSt.LucieUnitNo.2tobeincommercial operation.
5.2UpontimelynoticeunderSection5.1ofthisAgreement thatOrlandodesiresbackstand service,thePartiesshallnegotiate acontractforthesaleofbackstand servicebyFPL
toOrlando,whichcontractshallprovidetherateandtermsandconditions forsuchbackstand service.IfthePartiesareunabletoagreeonthetermsofsuchacontract, FPLwillunilaterally fileitsproposedcontractwiththeFERCat,least60daysbeforethedateofcommercial operation ofSt.'ucieUnitNo.2;providedthatFPIwillinnoeventberequiredtomakeanyfilinguntilatleast90daysafterthereceiptofthenoticeofexerciseofOrlando's optionpursuanttoSection5.1ofthisAgreement.
Subjecttotheobligations undertaken pursuanttoSection9ofthisAgreement, nothinginthiscovenant, shallpreventOrlandofromobject-ingtoanysuchrates,termsorconditions beforetheFERC.ShouldtheFERCdetermine, inafinalordernolongersubjecttojudicialreview,thatthechargesprovidedinsuchcontractfiledunilaterally byFPLarenotjustandreasonable, FPLshallrefundanypaymentmadebyOrlandoinexcessofthechargefoundjustandreasonable bytheFERC,withinterestpaidinaccordance withapplicable FERCregulations.
ThecontractshallprovidethatFPL,atanytimeduringitsterm,mayunilaterally fileforachangeinratesortermsandconditions underSection205oftheFederalPowerActorsuccessor legislation, andthatsubjecttoSection9ofthisAgreement Orlandoshallhavetherighttoobjecttoanysuchrates,termsorconditions beforetheFERC.
Section6-Additional Participation andUnitPowerSellback6.1AtOrlando's soleoption,Orlandomaypurchaseanadditional 2.02781%ownership interestinSt.LucieUnitNo.2("Additional Share")overandabovethetotalownership interest.
inSt.LucieUnitNo.2providedin1Secti'on3.1ofthisAgreement.
OrlandomayexercisetheoptiontopurchasesuchAdditional SharebynoticegiventoFPLatanytimepriortoJanuary1,1'983.Ifsuchoptionistimelyexercised, theparticipation agreement shallbedrawnoramendedtoprovidefortransfertoOrlandoofatotalownership shareof8.11732%.
6.2IfOrlandoexercises theoptionset.forthinSection6.1ofthisAgreement, FPLshallrepurchase twenty-fivepercent(25%)ofthecapacityandassociated energyderivedfromOrlando's total8.11732%ownership shareofSt.LucieUnit.No.2,foratermequaltotheoperating lifeofSt.LucieUnitNo.2.6.3IfOrlandoexercises theoptionsetforthinSection6.1;thePartiesshallnegotiate acontractfortherepurchase ofOrlando's St.LucieUnitNo.2capacity("repurchase agreement").
Therepurchase agreement shallprovidethatFPLshallpayOrlando,fortherepurchase of
capacityandassociated energyprovidedinSection6.2ofthisAgreement, allofOrlando's costsassociated withthecapacitysubjecttosuchrepurchase.
Suchcostsaretoinclude,withoutlimitation, allcostsincurredbyOrlandoinconnection withoperation andmaintenance, fuel,andacapitalchargecalculated onthebasisofonehundredpercent(100%)debtfinancing, thepercentage costofsuchdebttobedetermined onthebasisoftheaveragecostofOrlando's debtcapitalappliedtoOrlando's acquisition ofitsownership shareinSt.LucieUnitNo.2,towhichonepercent(1%)shallbeadded.6.4TheoptionandFPL'sagreement torepurchase capacityandenergyprovidedinthisSection6havebeenagreeduponbythePartiesbasedontheirmutualunderstand-ingthatinterestontheinstruments ofdebtissuedbyOrlandotofinanceacquisition ofitsshareofSt.LucieUnitNo.2willbeexcludedfromthegrossincomeofthelenderforFederalIncomeTaxpurposes("taxexemptfinancing").
OrlandoshallnotexercisetheoptionprovidedinthisSection6unlessit,believesingoodfaithatthetimeofitsexerciseoftheoptionthattherepurchase pricepaidbyFPLpursuanttoSection6.3willreflectacapitalchargebasedupontaxexemptfinancing byOrlando.Inanyevent,
FPLshallnot.berequiredtoenterintotherepurchase agreement providedinthisSection6unlessithasreasonable assurance thatthecapitalchargeprovidedthereinshallbebasedupontaxexemptfinancing.
Section7-NuclearReliabilit ExchaneI7.1AtOrlando's soleoption,saidoptiontobeexercised bynoticetoFPLgivennotlaterthanJanuary1,1983,'hePartiesshallnegotiate anuclearreliability exchangeagreement underwhichOrlandowillexchangethree-quartersofthecapacityandassociated energyfromitsownership shareofSt.'ucieUnitNo.2foranequalamountofcapacityandassociated energyfromTurkeyPointUnitNos.3and4andSt.LucieUnitNo.1("exchangeunits").Thecapacitysoexchanged willbedividedequallyamongtheexchangeunits.Forpurposesofthenuclearreliability exchangeagreement, "capacity" shallbeexpressed inkilowatts.
Orlando's rightsat,anygiventimetothecapacityandassociated energyofanysuchexchangeunitshallbe.aper-centageofsuchunit'snetcapability atsuchtime,calculated asfollows:(i)Orlando's kilowattentitlement tothecapacityandenergyofSt.LucieUnitNo.2shallbedetermined byapplyingitspercentage ownership'hare ofSt.LucieUnitNo.2(priortotheexchange) totheanticipated maturesummer
I~~~I~l10seasonalnetcapability ofSt.LucieUnitNo.2asdetermined byFPLasofthedateFPLdeclaresSt.LucieUnitNo.2incommercial operation, applyingthestandards usedbyFPLtoestablish theseasonalnetgenerating capability ofallofitsnucleargenerating facilities; (ii)Todetermine Orlando's percentage entitlement tothenetcapacityandenergyofsuchexchangeunit,one-fourth ofthekilowattentitlement determined under(i)shallbedividedbythenormalsummer.seasonalnetcapability inkilowatts foreachsuchunit(with"normalsummerseasonalnetcapability" determined, ineachinstance, byFPLasofthedatethatFPLdeclaresSt.LucieUnitNo.2incommercial operation, applyingthestandards'used byFPLtoestablish theseasonalnetgenerating capability ofallofitsnucleargenerating facilities).
Thenuclearreliability exchangeagreement shallprovidethat:(a)nochangeinownership ofanygenerating facilityshallbeinvolved, (b)eachPartyshallcontinuetobearallinvestment andotherfixedcostsassociated withthegenerating facilities ownedbyit,(c)eachPartyshallberesponsible forthefuelandothervariablecostsassociated withthecapacityandenergyavailable toit,and(d)thenuclearreliability exchangeshallcommenceifandwhenFPLdeclaresSt.LucieUnitNo.2incommercial operation andshall
terminate whenFPLretiresSt.LucieUnitNo.2.TheoptionprovidedinthisSectionmaybeexercised onlyifOrlando,atorpriortothetimeoftheexerciseofthisoption,exercises theoptionprovidedinSection6ofthisAgreement.
Section8-Reimbursement ofLitiationExenses8.1Uponclosing,FPLshallreimburse Orlandoforcertainlitigation expenseswhichithasincurredthroughparticipation intheproceedings beforetheNRCnamedinSection9.2ofthisAgreement, aswellassuchexpensesincurredinpreparing fororexploring the.possibility ofjoininginthesuitpendingintheUnitedStatesDistrictCourtfortheSouthernDistrictofFlorida,CivilActionNo.79-5101-Civ-JLK.
FPLshallreimburse Orlandoforall1suchexpensesuptoamaximumlimitof$100,000.8.2Atleast10businessdayspriortotheclosingprovidedinSection10ofthisAgreement, OrlandoshallpresenttoFPLabillingfortheexpensesprovidedinSection8.1.Suchbillshallincludejustification fortheamountclaimedtotheextentthesameisevidenced bytheinvoicesandpaymentthereof.FPLshallmakethepaymentprovidedinSection8.1attheclosing.
Section9-ReleaseandWithdrawal ofClaims9.1OrlandoagreestoexecutetheRelease,appendedtothisAgreement asAttachment A,anddeliverittoFPLatthetimeofclosing.9.2Uponclosing(a)Orlandoshalltakesuchstepsasarenecessary towithdrawitsintervention intheNRCantitrust licensing proceeding styledFloridaPowerLightCompany(St.LuciePlant,UnitNo.2)DocketNo.50-389A;(b)Orlandoshallwithdrawitsrequest,submitted inresponsetoaJuly27,1978,OrderoftheNRCinamatterstyledFloridaPoweraLightCompany(St.LuciePlant,UnitNos.1and2)DocketNos.50-335A,50-389A;FloridaPoweraLiqhtCompany(TurkeyPointPlant,UnitNos.3and4)Docket.Nos.50-250A,50-251A,thattheNRCconduct,aproceeding withrespecttoFPLunderSection105aoftheAtomicEnergyAct,andifanysuchproceeding iscommenced, Orlandoshallnotparticipate therein.9.3Orlandoshallnotbringsuitorotherwise assertagainstFPL,FPL'spast,presentandfutureparents,subsidi-aries,affiliates, orsuccessors, ortheofficers, directors, employees,
- partners, oragentsofFPL'ndsuch'arents, i
-13subsidiaries, affiliates, orsuccessors, ortheheirsandlegalrepresentatives ofsuchofficers, directors, employees, partnersoragents,inanycourt,administrative forum,proceeding orhearingoftheUnitedStatesoranystate,anyclaim,contention, ordefenseunderorgroundeduponthosestatutesrecitedintheReleaseappendedasAttachment AtothisAgreement, baseduponanyactionorinactionbyFPLorbyreasonofanycause,matterorthingwhatsoever, fromthebeginning oftheworldtothedate'fthisAgreement.
9.4Negotiation, execution, oracceptance ofthisAgreement isnotanadmission of,nordoesitcreateapresumption of,anyviolation ofanylawonthepartofeitherParty.Section10-Closin10.1Thereshallbeaclosingatthetimedesignated inaccordance withSection3ofthisAgreement, attheGeneralOfficesofFPL,9250N.FlaglerStreet,Miami,Florida.Atthetimeofclosing,FPLshallmakethepaymenttoOrlandoasprovidedinSection8ofthisAgreement.
OrlandoshalldelivertoFPLanexecutedRelease(Attachment A)asprovidedinSection9.1ofthisAgreement.
FPL'sobligations underSections4,5,6,7,8andllandOrlando' Il',IL=
covenants underSection9ofthisAgreement shallnotbeeffective untilclosing,butshallbeeffective uponandafterclosing.SectionllParitwithPartiestoSubseuentSettlement Areements11.1ShouldFPLenterintoanegotiated agreement subsequent tothisAgreement (subsequent agreement) withanymunicipality inFloridainsettlement ofthesuitdescribed inSection8.1ofthisAgreement oreitheroftheNRCpro-'\ceedingsdescribed inSection9.2ofthisAgreement, FPL/shalltransmitanysuchsubsequent agreement.
toOrlando.Iftheconsideration grantedbyFPLinanysubsequent agreement forsettlement oftheproceedings listedintheforegoing sentenceprovidesanysuchmunicipality withdifferent, orquantitatively greater,benefitsthanthisAgreement providesOrlando,Orlandomay,bynoticegiventoFPLnotmorethan90daysafterthedateonwhichFPLhastransmitted suchsubsequent agreement toOrlando,requestthatFPLamendthisAgreement toincorporate thetermsofsuchsubsequent agreement requested byOrlando;inwhichevent,FPLshallsoamendthisAgreement, providedthatFPLmayrequirethatsuchamendment incorporate anytermsofsuchsubsequent agreement desiredbyFPL.
Xndetermining whetheraprovision inasubsequent Agreement grantinganownership interestinSt.LucieUnitNo.2providesadifferent, orquantitatively greaterbenefitthanisprovidedbythegrantingofownership interestinSt.LucieUnitNo.2inthisAgreement, thefollowing principle willapply:lfsuchsubsequent Agreement providesanysuchmunicipality withashareofSt.'ucieUnitNo.2(exclusive ofanyownership sharegrantedinconjunction witha"sellback" arrangement similartothatdescribed inSection6ofthisAgreement) whichconstitutes apercentage ofsuchmunicipality's 1977peakelectricloadwhichisgreaterthantheparticipation shareprovidedinSection3.1ofthisAgreement expressed asapercentage ofOrlando'1977peakelectricload,Orlandomayrequest.theopportunity forownership, ofaninterestin'St.LucieUnitNo.2equaltothehigherpercentage appliedtoOrlando's 1977peakload.Forpurposesofthisdetermination, anyentity'sshareinSt.LucieUnitNo.2shallbeexpressed inkilowatts byapplyingitsownership percentage inSt.LucieUnitNo.2to802megawatts.
Asettlement agreement madeinconsideration ofaparticular municipality's agreeingnottobecomeapartytotheproceedings described aboveshallbetreatedasanagreement insettlement ofsuchproceedings.
-16Thisprovision andanyprovision oftheparticipation agreement betweenFPLandOrlandoforSt.LucieUnitNo.2whichpermitsOrlandotoobtainparitywiththetermsofaparticipation agreement executedbetweenFPLandathirdpartyareintendedtooperateindependently, andeachshallremaininfullforceandeffect.Suchprovision oftheparticipation agrebment shallnot.beconstrued toaffecttheoperation ofthisprovision, andthisprovision shall~'rnotbeconstrued toaffecttheoperation ofsuchprovision oftheparticipation agreement.
Section12-Remedies12.1ThePartiesagreethatspecificperformance, andnot,rescission andrestitution ordamages,shallbethesoleremedyforanybreachofthisAgreement byeitherParty',whetherthatbreachispartialortotal,exceptinsofarasthisAgreement explicitly setsforthotherremedies.
Section13-GeneralProvisions 13.1Ifanypart,termorprovision ofthisAgreement oroftheReleaseappendedasAttachment AisheldtobeillegalorinconflictwithanyofthelawsoftheStateofFloridaoroftheUnitedStatesinanygivencircumstance underanyset.offacts(a)the'validity oftheremaining portionsorprovisions astothosecircumstances orsetof
-17factsshallnotbeaffected, (b)thevalidityoftheentireAgreement orReleaseastoanyothercircumstances orsetoffactsshallnotbeaffectedand(c)therightsandobligations ofthePartiesshallbeconstrued andenforcedastothesecircumstances orsetoffactsasiftheAgreement orReleasedidnotcontaintheparticular part,term,orprovision heldtobeinvalidasappliedtothesecircumstances orsetoffacts.13.2ThePartiesshallcooperate toexpedite'nd resolveanymattersbeforeanystateorfederalregulatory forumwhichmaybenecessary toimplement anyprovision ofthisAgreement, eachpartytobearitsownrespective legalexpensesandcostsincurredinsuchmatters.13.3ThisAgreement shallbegovernedbythelawsoftheStateofFlorida,orbyUnitedStatesfederallaw,asapplicable.
13.4NeitherthisAgreement noranypartthereofshallbeassignedbyeitherPartywithoutpriorwrittenconsentoftheotherParty.13.5Waiverofanyprovision orprovisions ofthisAgreement byaPartyorthePartiesshallnotaffecttheremaining provisions oftheAgreement.
13.6AllnoticestobegivenunderthisAgreement shallbeinwritingandshallbe'deemedtobegivenwhenmailed.
A-18NoticestobegiventoFPLshallbedirectedtoFPL'sCoordinator ofInter-utility Affairs,9250W.FlaglerStreet,Miami,Florida33101.NoticestobegiventoOrlandoshallbedirectedtoHarryC.Luff,Jr.,Assistant GeneralManager,OrlandoUtilities Commission, 500S.OrangeAvenue,Orlando,Florida32801.Thedesignation ofapersontobenotified, ortoreceivecopiesofnotices,ortheaddressofanysuchperson,maybechangedatanytimebynotice.13s7ThisAgreement shallbeeffective onthedateexecutedbythePartiesandshallcontinueineffectuntilallobligations providedhereunder aredischarged.
INWITNESSWHEREOF,thePartieshaveexecutedthisAgreement onthedatesetoutinSectionl.ORLANDOILITISCOMMSSIONAttest:N-C.,+By,'/AssistaIIt Secretary' legalityApprovedastoform6/480PPgeresIeTIfAPPROVEOAETOFORMCITYOFORLANDO,FLORIDAASSISTANT CITYATTORilEY ORLANDO,FLORIDAt~rneyforOrlandotali'C.iissionAttest;,ff/VByG.MichaelMillerDeputyCityClerkhl.ShhtonAdams,IlayorProternFLORIDAPOWERErTCOMPANYAttest:~@~ByassiT~SpCppTBRZl gc@Presrdent
ATTACHMENT ARELEASEKNOWALLHENBYTHESEPRESENTSTHATCityofOrlando,Florida,amunicipal corporation, andtheOrlandoUtilities Commission, astatutory commission under.thelawsoftheStateofFlorida(collectively "Orlando"
),onbehalfofthemselves andallpersonsclaimingunderthemandtheirpredecessors, successors, andassigns;andalloftheirpast,present,andfutureofficers, agentsandemployees, andtheirrespective heirsandlegalrepresentatives, forgoodandvaluableconsideration fromFloridaPower6LightCompany(FPL),acorporation incorporated underthelawsoftheStateofFlorida,thereceiptofwhichisherebyacknowledged, doherebyrelease,remise,andforeverdischarge FPL,FPL'spast,presentandfutureparents,subsidiaries, affiliates, andsuccessors, andtheofficers, directors,
- partners, agents,andemployees ofFPLandsuchparents,subsidiaries, affiliates, andsuccessors, andtheheirsandlegalrepresentatives ofsuchofficers, directors, employees,
- partners, andagents,ofandfromall,andallmannerof,actionsandcausesofactions,suits,cia'ims,contentions, judgments ordefensesunderorbasedorgroundedupon(a)theantitrust.
lawsoftheUnitedStates,asdefinedin15U.S.C.gl2(a)asamended,togetherwiththeFederal
TradeCommission Act,15U.S.C.545,asamended,(b)theantitrust lawsoftheStateofFlorida,Fla.Stat./f501.204, 501.211,542.05,542.10and542.12,(c)theAtomicEnergyActof1954,42U.S.C.552011et.seq.,(d)Sections4,5and7oftheNaturalGasAct,15U.S.C.5g717c,717(d)and717f,or(e)Sections205and206oftheFederalPowerAct,16U.S.C.55824dand824e,toincludewithoutlimita-tionthosecausesofactions,suits,claims,contentions, judgments anddefenseswhichcouldbeassertedinanycourtoradministrative forum,proceeding, orhearingoftheUnitedStatesoranystate,andalsotoinclude,withoutlimitation, thosearisingoutofthemattersallegedinCivilActionNo.79-5101-Civ-JLK intheUnitedStatesDistrictCourt.fortheSouthernDistrictofFlorida,whethertheybepresently knownorunknownorsuspected orunsuspected, andwhethertheyberelatedorunrelated tothelitiga-tionreferredtoaboveastolaworfactsorboth,whichagainstthesaidreleasees thesaidreleasors oranyof,themeverhad,nowhave,orwhichtheirheirs,executors, administrators, successors, orassigns,oranyofthem,hereafter can,shallormayhave,for,orbyreasonofanycause,matterorthingwhatsoever, fromthebeginning of
theworldtothedateofthisRelease.INWITNESSWHEREOF,Ihavehereuntosetmyhandandsealthis~Z~dayofSIGNEDANDSEALEDinthepresenceof(Seal)1980.APPROVEDASTOMANDLEGALITYJ4.1980torneyforOrlandoUtilities mmissionORLANDOUTIL-XBCOMMSSION(Seal)By.PresidehAttest:/ByeSh'amAttest:G.MichaelMillerDeputyCityClerkAssistant Secretrv'4APPROqEOAsTOfORMP'.I/~PiCITYOFORLANDO~FLORIDAN~LEGALITY8CihlxiFASSISTART CITYATTPIInO'gUIgpp fI.DRIDAorProtern
UNITEDSTATESOFAMERICANUCLEARREGULATORY COMMISSION BEFORETHEATOMICSAFETYANDLICENSING BOARDIntheMatterofFLORIDAPOWER6LIGHTCOMPANY(St.LuciePlant,UnitNo.2)NRCDocketNo.50-389ACERTIFICATE OFSERVICEIherebycertifythatcopiesoftheletterdatedJune121980,fromJ.A.Boukniqht, Jr.,tothemembersoftheAtomicSafetyandLicensing Boardwereservedonthefollowing bydepositintheUnitedStatesmail,firstclassandpostageprepaid,this12thdayofJune,1980:IvanW.Smith,Esq.,ChairmanAtomicSafetyandLicensing BoardU.S.NuclearRegulatory Commission Washington, D.C.20555Valentine B.Deale,Esq.,MemberAtomicSafetyandLicensing Board1001Connecticut Avenue,N.W.Washington, D.C.20036RobertM.Lazo,Esq.,MemberAtomicSafetyandLicensing BoardU.S.NuclearRegulatory Commission Washington, D.C.20555Docketing andServiceSectionOfficeoftheSecretary U.S.NuclearRegulatory Commission Washington, D.C.20555JeromeSaltzman, ChiefAntitrust
&Indemnity GroupU.S.NuclearRegulatory Commission "Washington, D.C.20555ThomasGurney,Sr.,Esq.203NorthMagnoliaAvenueOrlando,Florida32802AtomicSafetyandLicensing BoardU.S.NuclearRegulatory Commission Washington, D.C.20555TracyDanese,Esq.VicePresident forPublicAffairsFloridaPower6LightCompanyP.O.Box013100Miami,Florida33101JackW.Shaw,Jr.,Esq.JohnE.Mathews,Jr.,Esq.Mathews,Osborne,Ehrlich,McNatt,GobelmanaCobb1500.AmericanHeritageLifeBldg.11EastForsythStreetJacksonville, Florida32202RobertE.BathenFredSafferR.W.Beck6Associates P.O.Box6817Orlando,Florida32803RobertA.Jablon,Esq.AlanJ.Roth,Esq.2600VirginiaAvenue,N.W.Washington, D.C.20037WilliamC.Wise,Esq.Suite500120018thStreet,N.W.Washington, D.C.20036
DonaldA.Kaplan,Esq.,JanetR.Urban,Esq.,JohnS.Caragozian, Esq.,RobertFabrikant, Esq.,GeorgeM.Pond,Esq.,Antitrust
- Division, Dept.ofJusticeP.O.Box14141Washington, D.C.20044WilliamH.Chandler, Esq.Chandler, O'Neal,Avera,Gray,Land6Stripling PostOfficeDrawer0Gainesville, Florida32602DanielM.Gribbon,Esq.HerbertDym,Esq.JoanneB.Grossman, Esq.Covington 6Burling888Sixteenth Street,N.W.Washington, D.C.20006JosephRutberg,Esq.LeeScottDewey,Esq.FredericD.Chanania, Esq.CounselforNRCStaffU.S.NuclearRegulatory Commission Washington, D.C.20555CharlesR.P.Brown,Esq.Brown,PaxtonandWilliams301South6thStreetP.O.Box1418FortPierce,Florida33450JABouknight JrLowenstein, Newman,Reis,Axelrad6Toll1025Connecticut Avenue,NWWashington, DC20036(202)862-8400Dated:June12,1980