Florida Governmental Ut¡lity Authority - FGUA

WORK AUTHORIZATION NO. PRMGll-Ol
AMENDMENT NO. 1
To Professional Service Agreement
Between the
Florida Governmentalutility Authorify, alegal entity and public body created by
interlocal agreement pursuant to Section i63.01(7) Florida Statutes
And
Public Resources Management Group, Inc.
Project Name: Mad Hatter Acquisition Financial Due Diligence and
Mad Hatter / Consoliclated System Bond Feasibility Report
Summary of Services to be Rcndered
The services to be rendered by Public Resources Management Group, Inc' (PRMG) witl
include providing certain professional services to the Florida Governmental Utility
Authority (FGUÃ) related to the performance of cer-tain financial analyses and due
diligencé aàtivities in support of the potential acquisition of the water and wastewater
utilities referred to as the Mad Hatter Utility System and the Paradise Lakes Utility
System (collectively, the "System") currently owned and operated by Mad Hatter Utilify,
Inc. and Paradise Lakes Utility, LLC (collectively, the "Companies")'
As part of the scope of services included on Attachment A to this work authorization,
PRMG will prepare a bond feasibility report in support of the frnancing of the System
acquisition. fnå p'CUe has expandeã th.r"op" of services to include the addition of the
existing Consolidated System Utilities with the financing of the Mad Hatter System
acquisñion to have a single frnancing document for both systems' Amendment No' 1 to
pntr¡Cf l-01 addresses tñe addition óf tn" Consolidated System to the Mad Hatter bond
feasibility report. The Consolidated System collectively includes the Dixie Groves,
Colonial Manor, Virginia City, Pasco Utility, Westwood, and Anclote water systems'
The Consolidated Systems are currently owned by FGUA'
In order to include the Consolidated System in the bond feasibility report, the following
additional services will need to be conducted:
l. Update the customer projections and f,rnancial forecast which was initially prepared
in support of the Waier R"u"nu" Suffrciency Review for the Consolidated System
prepáred by PRMG dated September 1, 2011 (which was based on partial Fiscal
Year 201 I information).
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