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Exhibit 31.3

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER
PURSUANT TO SECTION 302 OF SARBANES  OXLEY ACT OF 2002

I, P. Chrisman Iribe, certify that:



|1. |  | I have reviewed this quarterly report on
Form 10-Q for the quarter ended June 30, 2003 of
Indiantown Cogeneration Funding Corporation;                                                                                                                                                                  
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|2  |  | Based on my knowledge, this report does not
contain any untrue statement of a material fact or omit to
state material fact necessary to make the statements made,
in light of the circumstances under which such statements
were made, not misleading with respect to the period
covered by this report;
|  
|3. |  | Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows of
the registrant as of, and for, the periods presented in this report;                 
|  
|4. |  | The registrants other certifying
officer and I are responsible for establishing and
maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-15(e) and 15d-15(e))
for the registrant and have:                                                                             



| | a. |  | Designed such disclosure controls and procedures, or caused
such disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the
registrant, including its consolidated subsidiaries, is made known to
us by others within those entities, particularly during the period in
which this report is being prepared;         
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|
| | b. |  | Evaluated the effectiveness of the registrants disclosure
controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as
of the end of the period covered in this report based on such
evaluation; and                                                                                                    
|
| | c. |  | Disclosed in this report any change in the registrants
internal control over financial reporting that occurred during the
registrants most recent fiscal quarter (the registrants fourth
fiscal quarter in the case of an annual report) that has materially
affected, or is reasonably likely to materially affect, the
registrants internal control over financial reporting; and



|5. |  | The registrants other certifying
officer and I have disclosed, based on our most recent
evaluation of internal control over financial reporting,
to the registrants auditors and the audit committee of
registrants board of directors (or persons performing
the equivalent functions):
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| | a. |  | All significant deficiencies and material weaknesses in the
design or operation of internal control over financial reporting are
reasonably likely to adversely affect the registrants ability to
record, process, summarize and report financial information; and
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|
| | b. |  | Any fraud, whether or not material, that involves
management or other employees who have a significant role in
the registrants internal control over financial reporting.                                                                                         

Date: August 13, 2003

| |  |                                            
| |  | -------------------------------------------
| |  | /s/ P. CHRISMAN IRIBE                      
| |  |                                            
| |  | P. Chrisman Iribe                          
| |  | President                                  
| |  | Indiantown Cogeneration Funding Corporation