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Item P08 P.8 t, BOARD OF COUNTY COMMISSIONERS County of Monroe Mayor Sylvia Murphy,District 5 The Florida Keys l'U � � Mayor Pro Tern Danny Kolhage,District 1 �pw° Michelle Coldiron,District 2 Heather Carruthers,District 3 David Rice,District 4 County Commission Meeting August 21, 2019 Agenda Item Number: P.8 Agenda Item Summary #5812 BULK ITEM: No DEPARTMENT: County Attorney's Office TIME APPROXIMATE: STAFF CONTACT: Cynthia Hall (305) 292-3470 11:30 A.M. AGENDA ITEM WORDING: Report on status of investigation into potential acquisition of KW Resort Utilities (KWRU); discussion and direction regarding same. ITEM BACKGROUND: At the July 2018 meeting, the BOCC directed the County Attorney's office to provide advice regarding the possible acquisition of K W Resort Utilities by the County or FKAA, by direct purchase or eminent domain;possible assumption of regulatory oversight including rate setting by the County; and related issues. At the October 2018 meeting, the BOCC approved hiring of attorney William Sundstrom, of the law firm of Sundstrom & Mindlin, to provide advice regarding potential methods of acquisition. The purpose of this agenda item is to provide an update to the County Commissioners on the status of the work done by County staff and the consultant regarding the potential acquisition, and to receive any discussion and direction from the BOCC. PREVIOUS RELEVANT BOCC ACTION: CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: None-- report. DOCUMENTATION: FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: Packet Pg. 1844 P.8 Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: If yes, amount: Grant: County Match: Insurance Required: Additional Details: N/A REVIEWED BY: Cynthia Hall Completed 07/10/2019 1:56 PM Bob Shillinger Completed 08/02/2019 10:26 AM Budget and Finance Completed 08/02/2019 12:31 PM Maria Slavik Completed 08/02/2019 3:58 PM Kathy Peters Completed 08/02/2019 5:01 PM Board of County Commissioners Pending 08/21/2019 9:00 AM Packet Pg. 1845