12. (Recommended by Chief Financial Officer) (Approved by General Manager and Chief Engineer) Approval of Agreement No. 47614 for Actuarial and Advisory Services for Retirement, Retiree Medical and Death Benefits with The Segal Company (Western States), Inc., for a term of five years and an amount not to exceed $864,250. Determine item is exempt pursuant to California Environmental Quality Act (CEQA) Guidelines Section 15060(c)(3).