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Ordinance 03-1666oaDlrenrvcr No. o3-I666 AN ORDINANCP. GRANTINGTO FLORIDA PO\t'ERCORI'ORATION tlba PROGRG59 CNGRGY FLORIDA, INC. ANON-EXCLUSIVE N:LF.CTRIC 1iTIL]TY RRANCHISE; 1'RESCRIDINC TIIF. TERMS AND CONDITIONS ACCOMPANYING TIIF. CR.nN'P OF ItRANCHI9E; PROtTDING FOR SEV6RARILITY OF CLR'I'A[N PROVISIONS: AND PROVIDL~G AN ETFECCf\'L DATE. DE LT [NACTLD DV TIIE COMMIS910N OE TIIR CITS' OE LONGtt'OOD, FLORIDA: 91:CTION I. ''t tFlrl'tee'. Grantor deems it neeessvry,desirablc and in the intemut of ita citizens w mtenan oNinnvue granting m Grvtteeanon-ccelusiveelectric utility fmnchise.vithin the Rights-of W ay us theCityof Longwood, Florida. SECTION 2. ~n title. 'Otis ordinmtce shall be Imown and may be citod as me "Ptogmss Energy Floridn Electric Frvtchise." St;C]'ION J. 1 c) fig tiort5. Forthepuryoses ofmis ordiuonce,the tollo.ving terms, Phnses.woMs. and theirdenvatic'es shell have the meaning given herein. Whcv not inwnsiatent with the cnotezt tvoNain the peosunt include the Nture, words in the plural number include the eingulaz number, and words in the si~gulu number inc~.ludethc plural number. The word "shall" is always matdatory and not merely permtssr e. (A) "Dose Revenues'm is Gmnten's revenues fromthe retail sale of elecriciry, net oC credits esidcntiol, c oiel, and industrial a crs and City slu neored street lighhug all within thcucoiporate limits of the Cltyom (D) [Icctric Energy Provider' n every legal entity or association o[ any kind pmm~aing u,em leasers, mutees or aceinnra>. h,onming any nnh nremte, rede<al or Iocal gotemment including Gmnmr herein), which ottns, maintains, oropetates an electric generation, Ir i or disvibution system or facilities, o which Omer`vaae nrorid~, ortaoges r r, or snpphes elecv;ehy or eleafic onergy w mo publieor which supplies electricity to ilselfutilizing Grentw's disxnbmion or omer fncililics. Without limitation oftheforcgoing,"Eloctnc EUOrgyProvider"shall also Ordinance lio. 03-1666 Page 1 nelade ovary Elec is Utility, clue tic pow mnrkete relec nepor rvggreguWr. I( shall also include every entity proved ng such se ring, c billing, payment collection and processing and cu dower infon ration and data processing. (C) 'Electric Utilit}•" shell have the weaning set out in Section 366.02(2), Fonda Sianeres (2000), anA shall also includo every cJectnc 'Public Ulilit}a' vs defined Seotion 366.02(1 ), PloriAn Srrsttrres (2000). "Electrio Utility'shell [unbar include everyinvestorawued, nruniupnllyorgavemmeattullyowned, oreaoparetivelymvned electric utility(including theirlessees,tnislees ar receivers), wlrieh osws. mvvteins. r operates en electricgerrerntion. tansvussion, ordistribution system in any Smteor Gauntry. (D) "Electric Utility System"means an electric pmver nyslean innalled end operated in theFwnchisc Area in accordvncc with rite provisions oCthe Floridv Public Service Commission establishing technical standards, scrviw areas, tariffs end operating tavderds, which shall include but not be limned to electric lighh heah power, and energy faeiliti and agenarotion,transmission, anddeUtiutiunsyetem, wiW SUCK vs thorcof end vdditions theroto vs shall heroattcr be vtade. (E) "Franc'loise Aren"means that arca[orwhich Grnnteeprovides eleelrio utility servioe, which is within the wrpomte oily limits oCUrentor. (r7 `Grantee" means Florida Power Corporation dba Progress C-0resgy floridv, Iva, its succccsors and assigns (G) "Grevtot'means the City oCLougwoo<L, ploridu_ (}[) "Person" meane any parson, ferny partnership, association, coryorvtioq companyor organization of any kind. (p "Rightsof-WvY" means all of the Puhlic streets, alley= h'ghx-nys, wnlenvays, bridges, ease.nentq sidewalks and parks owned by the Gty. asthcy now existor may beherealter wnswcied_oprned. laid out or extended r.~ithin thcpresent limits ofthe City,or in such tertitoryvs mayherea(ter beaddrd lo, consolidated orannexed to the city. SECTION 4, Grant of Anthorit•~. (A) 'lltue is hereby granteU by firvmor, to Grentce, the right and privilege to constmeh t.operatc own and maintain, iv, upon, along, oemss, vhovq over end under RightsoC-Way nmv ~a~a ant oraeaioatea, ena ml extenainna me~c ana addlrons morem i.. ma wmora eiy rn,aa_ poles..vires. rabies, undorground conduits. manholes- Caber optic cable Cor its own use vnd othea~ fixtures necessary or proper far the mvintratunce enA operation of its Electric Utility System. Ordinance No-03-16fi6 Page 2 provided that alI portions o[the acme shall wnfornt to the National Elwtnoel Safety Code This grmtofautltvriryis l'united to the prof mofelectnevtility se es. Grmtee agrees thatunless othen required by law vithovt dte prio en permission of Gatrtor, Gran[ce will not allow any entiryproviding a wireless comntunicativn system to mgmira rights to oca~pY Rights-of--Way under dria Frmetuse. N the event Grmtee desires b timg facilities, or wnsttun new facilities, in ordw to Dmvide public communications, leased Cher optic cvpacity, vidw anyothcr ring orfumr odterthan providivgeleurieity mdrelated services, ro eaistsingor pvtcnnal consumers, Gmnteemu i obtain additional and separateporntiseion tiom Grnntor far such (0) Mnexvtion or Cana v. Gres e agrees that the ~tnnc`ise ~ - wbject m eapai reduction byanme and con«vctionofmunicipal houn<i_.:es. rappro wry [~teocltisc lees expunsionTOrt reduuian by etmeavtiom or cons--ion. G. ~ w~Il provide r to Grantee, in accordance with Swtion I S herein, u .:. n ~ ~ Rays of such approval oGrnnteemmst reviseits payments due to anyexpvnsion orredncu„ rxby wrurxntiom widtin a masonable time after notice to Gt.tntce, but no later than sixty (60) days after rewipt of notice. (C) Nort~Exolusive Usc'Ihe right to use and occupy 2ghtso[-Way for the porposcs herein set todhshall bcnon-cnclusivq and Gromor reserves the right to grant n similar useof said Rights-ot W ay, to any peaon vt any time during thcperiod of this Frenuldse so long as such grant doe teeiolly and adversely impact Grantoo's right to use and o espy Rights~o[-Way as aromsaia m 61~:CTION 5. Payment to Grantor (A) Effective thefirn day ofthe second month beginning after the eff rive date of this ordinance, Grantor shall he emitlcl to receive fmm Grantee a momthly franchise amount thvt will equal six percent (6%) ofGrnntee's 0vse Revenues for the peeeeding month, which amount shall be the total campeneation due Grantor [or therights, authority and privileges grmted bythis Franchise (B) Paymutt shell be mode to Grentorfor evclr month no laterdrvm dte uventieth (20th) day of the following month. The mouNly pv}mtemt may be made by wire transfm. Any monthly payment or any Dvrtion theroof rcoeivcd nvmty (20) days after the due date shall be subject to interest at the nto often percent (10%7 perennum until all peymoatts era pvid in full SGC'FIOtt G. Favored Notions. (A) Lt llte event Grantee shell hereaher acce{rt an cleotnc utility f nchise ordinance fmnr any municipality ptvvidimg (or thcpalanent ofa Crvnchise fee in excess ofthel providwl for in Section 5 abvvq Grantor shell noti Cy Grmtor within 90 days oC such other franchise becoming effective and Gantorrescrves dreriglnt rwdthis Frenchiseto incrensethe[ Grise@e payable under this ordinn etltan the grm erC tcluse~ethnt Gantec has agreed wpay to such mum tnaniapab~y eAlsn, ~roraoata mr taw mtmorida whhin uto)mdaairron of are cancer i~=vea a Ordinance No. 03-1666 Pngc 3 finvh non-appealatileordor regazdingv mumnllyagrced to ftnnchisebetween NeGrmttee and another nicipality, upon the issuance of such a final, non-appealable order, such order shall effect an endure othis Ganchis on the payment ofa franchise fee in excess o(six (6°o)percent in the rat the Grvn ochoo s. Gres eshall notify Grm within 90 dvys o(the eof such ¢rdes. Gnv obligati o pvy snob great ~r franchise fee to Grantor shall apply prospectively beginning with the nnxt movdrly Gmrchisee fee payment following Oavtots timely e erta exerciaeori~ amenamem dgnun.ma¢h G,ar,m¢maywneaaamt inraaeea ree Gon, it rs. (inn a's failure to notify Grantor ofsuch adclitionvl pvyme+us AOes not limit Grantor's right n end to requir uch additional Ganchise fees. However, in the even[ Grvntee does no[ provide timely notice as required by this pamgmph, Grantor's amendment right shall, i[eaercised. relatebvck to fhe time vtwhich Grantorcould have Grtexer¢ised that right hereunder ifGrautorlrad bee mely noticed. Gt'n~ r shall notify Grantee whether cantor will exercise its amendment rights to frnnchisefeos v.'ilhin arensmabl¢peri¢d of tlme, not to exceed aria year of Grvntec's giving notice ofsuch hiKher Ganchis¢f or the date on which Gantee has actual6lrowledge ofsuch higlnor Ganchise tee; provided,trowcver, Nut Gnntecshall oNy be liable forpaymcnt ofa»y..ucn esad frnchise fns on a prospective bvsis beginning aces it rueeivos notice [mm Grvttormtd I ubility i«such increased Ganchise fees will in no waybc retrovetive to the datethe Gmntorcoul4 but did not, exercise its rights to receive such Ganchise fees. (D) Nohvithstnnding Section 6(A)abovc it is thcintent and agrcetnent ofGanmr mad Grantcz that Oamee shall not be royuired to pay Grantor a finnclnisc fee under Section 5 of rt percentag¢gr¢atu then thvt paid to Grvmor byany other EI¢etrio Iltihryor Electric Energy Provider utilizing Grantor's Rigltts~af- Way on such Electric Utility's ar 6leetrie Energy Pmvidels revenues ttributvble to sorvices thvt arethesameorsubsumtielly the svmees thaac per[omnod by Grantee. h is further the intent vnd agreement of Grantor and Grantee that Grvntee shonid not be placod et a ompetitivedisadvantageby dtepapnerntsrequired by Section 5 oftltis OMinauoe. Accordingly, to the extznt that other Eleanc Utilities or F.IeGric f:nnrgy Providers providescrviees in eompctition with Gantee without utilising Grantor's Rigltls-o[-Way the Base Revenues upon whioh the franchise fees n2calculateA shell be reduced to vecouvt Cur vny sen~iccs Cor which Grwueecharges which do not require thcuseofGantor's Aightsrof-Wvy. Gramee agrees that Grmtmr shell heove hw right and thcsolemsyonsibility, tothe Nllest extent peasnitt«I by Ierv, to enforo¢and collect a kvncftisc [ea under Section 6 (mm other Elec[ric Utilities or other Electric &nergy Providers which utilize Grwrtee's facilities located in Grantoi s Aights-of~ W ay. Provided however, that iL in the fuw e, the tau reguleti ns gor ne Grvo e allow Gxm vnd not Ganmr, to collect a f neltisefew hoot otiner Electric Utilities or Electric Energy Prov(ders using Grantee's disvibuvon ynem within the corporvte limits of cantor to deliver clecnic power to customer within the cotporte limits of cantor, Gantee, vt cantor's solecost and expense (incNding the casts ofvny proceedings necessaryto require ontitlement orer~[orcemem), shall collect end rennit such Rvnchise tees from the other Electric Qtility(ins) or Elueuie Eltergy Provider(s) and remit Ne same to the Grantor. (C) In the rat Grvn volun arilYenters in to anew, nnutuully agreul to franchise.vith mnothe rnunicipvlityeaftcr the effective dote of this frvnchise vs provided in Section 18 of Nis Ordinronce No. 03-1666 Page 4 Ganwae)`rew r~,rn;ae'),ww~, now ran~,iae aamaes <t)a nn annnerman mirry(3o)rcar ana fz) an option w patd,oae Gramne'a nlomde alavibmion avs~=~n at mee,piraron ornnoe tem. thw Grantor shall have the option to reduce Iheterm ofthis Ganchise to suoh ahortu tam,; provided the term ottne new franchise is less titan the rmnaining tens ofthis franvl,iae at the time Grantee provides to Grnn or that it has erect in o the i w franchise. Gai e shall noti Cy Grantor that it has erect iv itch v .v fmtnehis viti,in exty days of the effut vc dale or cite n Gnnchise. G,nn rahnll lwvemirty(3o)dnyu loom medateofGmntee's noticeta notify Grvrtcemat aran soptio osele<t Neshorter term.ICGrantor fails to timalynotify Grantee, Grnn rshnll best neemul w have waived its,igtu co elect such shorter term, and such option shall expke ono have nn wither mrne a„ a nfmnt. Ir c.a, „ely nmrres cr~tee mat aranmr is sine its apron to soled n,e ahortar ecru,. G.a,noe ana aramor shoo amens ado rmnanise m yen <~ nm, shor mmn, miry po) aayr nnho sate or Grano; s nm;rc m cramee mat Grantor is exerctsing,is option to snlect me shover term. 6F:C'CION'1.1 ndemnilicntio ,. (A) Granor shall in no way be liable or resVOnsible for any accidene or damagetbat mvy n the wnsen,etion, operation or mainienvnee by Grantee of its facilities therwnder, end the cecptar,oc of mis Franchise by Gantee shall be deemed an agreennent on the pun of Greotcc to indemnify Gxentor and hold it hannicss against tiny and xll direct damages mat Grvntor mvy incur dirmtly resulting from me sole negligence, defvult or misconduct of Grantcc in me construction, operation, or mvintenanoe of its olenric mility [acilitios thereunder. (R) Grantee shell mvintain thmnghout d,c tern, of mis Frand,ise sn[fcient m,vneiel w provide self-insuance insuring arunwrvnd Grantoewim mgaal wall damages set [ooh insSacuon ~(A) in the minimum amounts of l7 SS,OOtI OOO ror bodily injury or devil, to vpersoq 510 00(I,11o0 for bodily injury ordeath msnlting Gom any one eidu,t. (n) 51,000,000 forproperty damvgo resulting from wyone accident. Ch> Ss,oogooo rorau mho tyv~onmbuhy. Grvnwr aelarorvlvdges met Grantee provides its mm liability insurance(self-insured). Onv vnl bvs s, atanlec moat submit its vnnuel vudited Gnm,vivl reponvs documentation met clearly n~t~. ,s r es met it has aecun,ulvted sufficient flnanoial reaaureea in order to provide sindicated in Section l(e)above. In tbeetrnt Grmteesna worm Glis below the sty to Drovidv me insurevoe coverage indicated in Section ]B) ebovq (iraz,tec sti s.•ithin n~nety (90) days, obtain livbility inswance in me amounts sm fonh in Seoron'1(B) above and name me Grantor vs tit, adaitiooal insueed_ SIxCT10Y e. Grantor liiebts in 1T, ncbise. Ordinance No. o3-1666 Page 5 me agm is natant reaerr<a to Granmr to aaopt anon ndaamnm regmafinna as h anau rna scary in the exercise of its police power, provided that such rogalationu by ordinance or other e, shall bar ruble, and shall not bei ontnct with the laws oCtno Stateof Ploridaor dte lawful reguleti sof aany data agency possessingc~he powu[o mgulata dte aetivitiea of Granteeor interfue with the benefits wnf ed on Grantee hereunder. Sh:CTIOH Y. \VUrA in Riel~ts-of-tVnr (A) Grnntee is hereby granted dte right. authority and privilege to make ell veeessary said square, streets, ~avramc ellnys, thoroughfares, public grounds end other pens of Grant r'oGremeo shall have the right tofvstmt vnd mstrctch and lny along the lints otsaid poles, conduits, pipos and cables necessary Cor transmitting end wnveying theelectrio ourreot to beused in Grantee's business, together with all thndght and privileges necessary or eonaeniem forthe tall use includiogtheright to vim, cut and keep clearall vcu and limbs along said Tines that mayin artyxny endaugu the proper operation ofsainc. Grantee rcyruents Nat its ttee tnmming procedures meet or coed tha standards promulgated in ANSI A300 and that its atandanle will wntinne to meet or coed tFtose standards unless ordered to modify its tandards by Oro norsaa Public Service Commission ("FPSC') or other authority to which Gamee's opra~etions am subject. (B) Moreorer, Crantee shall have tha right to wnstruch erect, operate and maintain in snid City an eleovic systo ring oC accessary substations, lines and related faoilities for carrying on Grni 's bus soprovided rust, in accomplishing these puryoses, the streets of said City shall not beunreasonnnlyobstmcted xnd svorh in wnnection th«nwitlt shall bedoneand rnmeJ onfomtity with such re ruble rules, standerd4 regulations and toast ordinances with reference thoreto as mvy be adopted by Gmvtor for Ne protection of the Dublic and that ao Cutum substations would be placed on vny 2ignt-of-Wnyofthe Grantorwithout thecvpeess wnse,tt o(thc Grvntoe. SF,C'1'ION 10. Records sad Reports (A) Gnn ee Rules end Reeulations.TheCollowing records and rtpons shall be aveilvble m Gran r upon Gran ruble request: copies of rules, regulations, terns and conditions adopted by Gran e tha~ rotate a Grantee's use of Grenmr's Rightsrof--Way. In addition, GYantec shall sunmit to Grantoi e Clerk's Depattmwtt annually, Grantee's auditea Enancial report upon Grantees resource outs audited Mancial rnpon. (H) 9~~ Grarncc shall use the system of aaounv and Ne furor of books, cords, and mGnoranda prescribed by the FVSC, or as mutually agreed to by Gmntorend Grantee. (C) 12Nnns Gran .vill at ach to ach payntcnt a of its aced Basc Revenues by revenue acwtmt forthe period on which such p>lyment ns nesed~sigdted by an Ordinance Na. 03~ 1666 Page 6 authoraed representative of Gnntoe snfscirAtt to show the source and method of computahon of Hasa Revenues. (D) Ava labltvofRewrisa dRe~c Gwntee shall supplyin(omtation that Grantoror represemetivca moy fiom limelo timercaaonably request relative to the calculation afk uhise fens. All ofareserecords shall, on wrihenrequcst ofGrnntor, be open forexnmination and audit by cranmr nna crnamrs represemaevea aadag orainary wah,ess hoar. aria aacn rewma arise he retninea by Grantee for n period of five (5) years (E) Audit Grantor may require nn audit of Grantee's booksnotmorethan onceeveryhve (~ you s Grai will rvimbure Grvn audit s if the audit identifies in Oren hvnchiw Base Rov s of fve pert mo(5%) or m for the period auditede Grzor identified during the audit procrss shall be projected for any additional time periods not wvercd during the audit ifthcre ib a rcnsonable probability these errors oemirrcd duriog theunnoditeA period, bat vat for re than five (5) years. If an nnderyaymmtt of henelrise tees has occurred, intwest will be omputed et a rate often Vercent (I O"/o) Per annum. -oth the underpayment and interest.shal l be paid within thirty (l0) days nlterreceipt ofdent:md therefor from Grantor. bECiION I I. Term o[ frvnehise And Asvvcar[ed O tion in Pareha.se Granter's Electric The Franchise and rights herein granted shall take effect and ba in force from rind afterthe hnnl pasange Iteao~ as mgaima by law and upon the tiling of an ucceptnnce ny Grnmec of all ate is Iherauf with Grantor and shall cantinue in force and effect for a tern ofsuny (30) yaars ripe the effectivetlateofthie Fran. eoNinanceexcept as othenviseprovidrA in Saetion G(C7 here RAt the end of SUCK tIt'. ~ as provide.I below, Grantor shrill have the right to purchue Grantee's facilitiea,.~. c.:ed hcilities"localed within Grantor's mnnicipnl beandvries, exeopt high to ~n linos, generating plant; nna facilities used to pra.ide service to otlror rho Grnn as provided in aria Section. `Associates incilities" shrill cncladenh se ponionsoft'~ceubsta nthe Cityueccvsnrya reccivewholeSalcbulksc eefron the City's provide. Any axucise by Grantor ofsre purchnsc rights underthis Section shall regnirc Gmv o purGruse all facilities subject ro purchase and n a portion Iherw[ TaE Pnrtn[s ae 30.veoa'rearM of TnlS maNCnts[ nNO rHE GanNroaYS wotlr'[o PURo1n5EONf MEXIwcAety LwKFn. nNpnInTGRaN'n:c. wUUto NOTIIAVo PuovmES I oa a 30-v6na'nNrxt. PiE paotnsioNS or rifts S[cnoN 11 rise Nor sEVElingtF. (A) /nir(oaor~ fRVd~ase Proredvres. Grantor meal give eofitb'de5irc to initiate purchzaepmcedomv fora possible purehasnno later tlron atree (3) montlJS pnorw theexphmion of this 6nnchise. i(Grnntor dots nut give snoh timely notice. Grantor's rieht to purvhnsc shall expire end ba of na (urthG~ force rind effect. Ordinanu Na. 03-1666 Page'! (B) AnenepUmAgrw or:A:rrGose P.ic¢.Ifsucb notiwis timclygiveah thepartis shell first meet and attempt m negotiate an agreed purclraso price [or such facilities. (C) Denrmnlf rArblrrneiorr. if the pvrties do not agree on npuNrase price,including azry stranded costa within I80 days after the dateofthe notice in subpurugmph (A), eitherpehymey demand that the purchaseprice beeatablished in arbitration pmment to the Florida Arb'tratio Cod¢, presently Gtvpter 682, FYO' da S a suoh other similar Intr- ac mvy eztst at the time o[ arbitmtion. (D) Selealn» of ArGilrnrors. Thu vrbitmtion shall be wnducted before three (3) vrbihetors mutuvllyagreed to by the pariies.lfthepnrties onnnot agreeon tlrrte arbitrators, but have ¢greed on nvo, the nvo arbitrators shall mutually select the third nrbihawr- It the parries carrot ages on at Ienst nvo arbitrators, or if the two mbitrators emmot agree on a third arbitrator, either party may appty to e court oC competent jurisdictimt to appoint the vbitrator(s) necessary to re the dssce mbih¢tor panel. Each party m¢y suggest eaudidate arhitrzwrs to the Court Absent~udtepurtica' ¢greenvent, dtc Court maynot vppoint vn arhinalur who is a resident ofthe City of Longwood or who is en owner or mnneger o[a businrss loeated within the City of Longvvaod, or who is an employee of or v conuaaor to Grantee. (E) ArLirrarion Proceedings. The arbitration shall be wnduoted pursuvtt to the provisions of the Florida Arb'ra o Code prcaunly Chapter682, LSorid¢Setn os. Thepmtiea'may tually modify or.vaive any such rules at any lime and substimtc vdditiooat or ~ v t~..s of procedure. (E) Seoye ofAr4ilrntlon, and Gor•erning hfeJ:adolog3~For Seeing Pnrr/.~-.!',.- Theerbia¢timt submfssiou shall be IintitW w (n) estnblishmg the purchase prim of: ~ _ sobjeet to purchase and the reasonable costs w Grnntue of selramting vnd reivtegrewtg lirent~~_ disteibmion system looeted outside Granmr's municipal boundaries; (b) estvblishing a method for adjusting drat prioe (or post-arbitration chmrges to the facilities. V¢Invtion shall be> nplisbed with Florida law. 'Ihembitmtors may wnsidcrnnd apply¢nyvnluvtion md'. ~ dopy (hat with Florida Lav incRiding, widrout Iimiwtion, the income, ws4 and eompxrable sales approaches to valuation. Thn ew¢rd shell esmblish a methodology wncistent with the above roethodologYfor inemasingtltc¢mount oftheawerdCor additional improvemenuoradditions made o the syetens between the date of the ¢w¢rd rind rho dote of any autuol purchase pursuant to these proviationu (C) StrnnAed Cnxes. Nothing in this frauehisesh¢Il be consdved vsvwnivw ofeithar_ (1) Gmmec s right (if any) to seek o suavded wsr award in theappropriatc ngencyincluding,widrout limitation. the Florida Public Scrvicc Commission or the United Statea Federal Enugy Regulatory Commission or (2) Grantor s right (if anv) to argue thar Grentoe is not endded to an a.vard of standed wsta (Fi) Forn: ojArGLrarian Atvrzrd. The awaN shall identify the wnounts vw¢rded ¢s to ONivvree Nn. 03-I6fi6 Page e each eatogory of the methodology am out in paregaphs (F) and (G) above. (I) Attorn¢y"s Pees and fisa. Fachparty shall bear its own vtromey's {es and costs rzed in the arbitration proc and confimrarion thereof, any proceeding with respect to the ti~lem untofstranded costa many determination, whcthorjudicivl or otherwise, of tine cope of the matters wbe arbitrated. (1) Confirm rr afArvard. Then vardaftheorhitrvtore maybe confirmed in enyco ofcompetentjurisdict and may Fev cared, modified or dented confrmation only on grounds provided by the Florida Arbiteat on Code or such similar law as may be applicable (K) Oraarar OGligariun to PurcAase arrdarlagaislrrnenr fParclinse OVrian. Within I80 days otter the pmahase price hna been fnnlly daexrnived and nor subject w mry fitrther review (including any proceedings to wnfrm any arbirration award end alierany dwamtination has been medewith respect to any stranded costs] Grentor, shall noti[y Grmneewherher Granwrwill purchase Gmntec's Cvcilities. ll•Grnntorfails to timclynotify Grnntcc, Grentor s right to purGrase shall expire anA have no further forco mrd cR tl Grantor timoly notifies Grantee of Gantoi s intent to purchase. Grantor shall pvy the Cull amouor of the arbirration awnri. plus uny escalation for post- arbihntion changes in the Gcilities, plus any stranded w vnrded to Grantee and shall such pumluse, including making full paymenrrheretor, within ISOdays ofsuchnotice by Gren or'Gren e»hall provide an accounting to Grentor setting fonhfhc pus[-arbitmtiou changes n the Gciliti s. Gran will makeonlyrhosechnnges ould make intheerdinnryco eofirs bus as dirt: ts1 by the agen regulating Grantee's oPemtions. If Grar or fails re the porcliase widrin 360 days of such notice to Grsntcc. Grntor's right to purchase Grenue s'facilities shall expire and be o[vo Cunher force and eff L (L) Nn waiver oraLroga(laa ofrega(arory~revlervs. Mysuclr purchazesball besubjecr ro dte receipt ofany necessary regulatory appmvnls S6CftON 12. Setetabilltt~. Ezcept as hereafter provided, should arty section orpmvision ofthis Prwalrise ordinweeor any portion thereoC(odtee than Section I I hGcof, granting Grantee a 6nnohise tens of thirty (30) years). the deletion of which would nor adversely affect (in the gureral sense) the receipt ofany erial banefits or, substantially inereasethe Furden of any parry hereunder, be declared Fy a coon ofcompetmttjntisdiction (orsuch oihw~ legal body, ifany, Irvvingsuclt final aurhonty rat rhetime of any ouch declnmtion of invalidity) to be invalid, suuh decision slrnll not afiecr the validity of the aindu, as a whole or any pan thereof, other than Ilre part declared to be invalid. Provided, how er_Omr should rho effect e[anysuch declma ro[invalidity, whether partial or moral, bew shorten the Tenn of the Ganchise as provided in Section 11 herein, thmt Grantor's option to purchve Grantee's f eilities cinder Section t l bemof,aud all otherprovisons ofSecrion 1 t, shah noncvheless in[oreebut onlybc cxercisablc at the wnclnsien ofthc initivl term of0usf close (30 yracs from its effcetlve dot ). Further. providcQ howcver,notwirhstanding any legal inability(.vhether vs a result oflegislation or linnl non-appealable court order ofa court o[compermnjurisdiction)ofthe Ordinance No. 03-1666 Page 9 Gramee to charge, evllecl vnd remit thefianohise fee culled for iv [his Agreement, that thepurchese optio roved within Sec n 11 will remain in force vnd Grantor shall be entitled to enforce Sectiovnl I at the conclusion ofMe term ofMis Cranchise (30 years fiom its effrstive data). SECTION 13. Ac<evtnn This ordinvnee shall become el'ieciive upon being legally passed and vdopmd by the Ciry Commission ofthe City ofLongwood, as provided by hiw; and it is further agreed That Grantee shall ecepr this Franchise as of dre dvto of Mepvssage end adoption by tl~e City Commission and shall signify its ccfita~ ring within shiny da}s alter the City Commission's npProvel of this ordinance by Glingnhs rvrinen aeceptvnce wish the Gity Cluk. If Grantee fails to accept dris fianchise within Ihiny (30) days oils dam of passago, then this Oriinavice shall be null and void, anA of no Corce and effect of viy kinA. SEG'[lON Id. Venue. hi the event Met any Icgal proceeding iv hrought w enforce the terms ofthis htarmhise, the to shall be hrougbt in Seminole County. Florida, or, if a federal claim, in the U.S. Distrior Coup in and Cor dre Middle District of Floridv, Orlando Division. SGCT[ON 15. Notices. Except for notices under Sections 6 and 11, vII noliws by either Grvntar ar Cxnnlce to the other shall bemadebyeiMUdepositing such notice in the United Stmes Mail.Cectificd Mail return ecipt requested or by h~cttimile. All notiaes requirul undo Sections G end I1 stroll be mode, in vnd served by Certified Meil return receipt requested. Any notice screed by certified mail eceipL shat I be deemed delivered fee (s) dvys after Me date of such deposit in the United Stvtrs muil unless otherwise provided. Any noliw given by facsimile is dcctned rcce~ved by next Business Day. "Business Day" for purposesofthis section shall mean Movdaytluongh Fndey with Selnrday. Sundvy and Grenlor nnA Grmtee obsuval holidays oxcepterL All nouceb' shall be addmssed as follows: To Grantor. "I'u Grannie: City Clet'k Vice President, Corporate Relations and City o[Longwood AAim ve Serv 1'15 W. Warren Ave. Progress Ltcrgy Florida, Inc. LnngwooA, FL 32~50~419'1 P.O. Bax 1400.2 Facsimile No.:(40"!) 260.3419 St. Petersburg, FL 33]33404? Facs;milo No: (R7) 620-5940 Ordinvnce No. O)-1666 Page IO Notice shell be given as required by this Trvnchise and for all other ranergencies. Notice shall be provided to theabovc-netncd addressees unless directed other.visein writine by Ulentoror Gantee- SECTION Ifi. Non-\Vaivcr Yrovisinn. Except Cor the failuteofGnt to provider mGret et forth in Sect 4(R),6vnd 11 herein, the failureofeidtGpanyta anyoe supoo Nes perfomtaneeofnnyoneormare ofdteterms orprovilions otthis Frzncla'se'sball notheeorabued as rrelinquishmGtt far the funneofanysnclt team or provision, and the seine shell cominue N fall force and effect. No rvaiveror relinquishment shall be dawned to have beast made byeidter party unless said rawer orrelivyuishment is in rrTiting and signed by the parties. SECTION I7. \lereer, This fanahise agreement end the Sedlenteut AgrcemrAU entetcA into benveeo Grenteeand Ornntlete and en --- ~~• -~ 3_----~ ~ 2003, (the' Settlement Agreement'), are the full. p ~ unders ending and agreements o(thcpar'ties vs to their subject maner, and the supersede vII prior or contentparaneous roprescutnlions.dilcussions. negotiations, understandings and agree relating to dte subject matteroflhicagecn tt. Thepan cs shall not be bound by or be liablemfor nny stntetocnh prior negotiations, cotrespondettec, represenmtion, prmuiso, dmtl agrevnonts, inducement. or other understanding ofany 4 nd or nauue not set forth ar provided for herein. SECTION Ig. F.Dective Dale. This Fanchise shall take effort immediately neon adoption by the City and approval and a ceptance by Grantee as provided in Seaton 13 above. SEC PION 19. Rcoealer And Stmersedine Pro\~ision. This ordinance shall supersede as to the rights, privileges and obligations benvccn (irnn end Grvntce. All ordinances and ports ofordinanees in conflict wi(h.nvte law or dto terns of tNs ordinvnoe_inoluding,.vithout limitation ofthe 6mgoing, capired Ordinance NO-249 and Ordinance Nn.OI ~ 1559 end any amendments thereto, are herebydeeuned null and void andlor rrgealed upon fhe effect ve dateofthis ordina vtd no eoftheprovisionsofsuch repealetl ordina or pans of ordinvnees ineludine, r~ithout limitation Ordinance Nos. 249 and 01-1559 shall havesany fitnhcr Coeco and effect. nn FIRST READING: QnU.~H ~ 1 d a a 3 SECOND RFADIN~L/,u-w~ ~ ~~03 O~ilinancc No. 03-I fififi Page I l PASSED AND ADOPTEn [nis % T~ day of .D., 30L3 ~~ na~na. an~,vaZiyo~r - aviesr. /// 2 J Suran hlSuran Lli APPROVHD AS 1Yl FORM AND LHGAL SUFPICIEtJCY fog the useand ~elianceof the City of Longwood, Florida oNy: `t~as. Tapo~ .. curntm,ee. o~a;n~~ Ne. o3-i aaa Puga 12