Governance
FMPA is governed by its Board of Directors. Each of FMPA's member systems is entitled to appoint one director and alternate directors to serve on the Board. The Board governs the business and affairs of FMPA generally, and each of FMPA's projects, except the All-Requirements Power Supply Project.
Each director (or his or her alternate acting in the place of the director) has at least one vote on all Board matters. Directors representing members that participate in a power supply project, but not the ARP get an additional one-half vote (thus, they may cast 1.5 votes). Directors representing members that participate in the ARP get one additional vote (thus, they may cast 2 votes).
Read more about this topic: Florida Municipal Power Agency
Famous quotes containing the word governance:
“He yaf me al the bridel in myn hand,
To han the governance of hous and land,
And of his tonge and his hand also;”
—Geoffrey Chaucer (1340?–1400)