Agenda Items

Select an Agenda Item to Comment on.

A. Chief Administrative Officer Quarterly Report (Fiscal Year 2020-21, First Quarter)

B. Quarterly Status Report on Water Quality Regulatory Compliance Projects Fourth Quarter – April 1 to June 30, 2020

10. Recommendation for approval of the minutes of the October 27, 2020, Regular Meeting of the Board of Water and Power Commissioners.

11. (Recommended by Chief Administrative Officer) (Approved by General Manager and Chief Engineer) Approval of Short Form IRU-12 Lease Agreement No. FO-869-07/2020 and Short Form IRU-13 Lease Agreement No. FO-872-08/2020 with ViacomCBS, Inc., for Lease of LADWP Optical Fibers. Determine item is exempt pursuant to California Environmental Quality Act (CEQA) Guidelines Section 15060(c)(3).

12. (Recommended by Chief Financial Officer) (Approved by General Manager and Chief Engineer) Approval of Trust Funds Investment Policy for the Los Angeles Department of Water and Power. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

13. (Recommended by Chief Financial Officer) (Approved by General Manager and Chief Engineer) Approval of Authorization to Enter into a Standby Bond Purchase Agreement and the Related Fee Agreement with UBS AG, Stamford Branch Under Resolution No. 4982. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

14. (Recommended by Chief Financial Officer) (Approved by General Manager and Chief Engineer) Approval of Authorization to Enter into a Standby Bond Purchase Agreement and the Related Fee Agreement with Barclays Bank PLC, and a Remarketing Agreement with UBS Financial Services Inc., Under Resolution No. 4983. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

15. (Recommended by Chief Financial Officer) (Approved by General Manager and Chief Engineer) Approval of Authorization to Issue up to $200 Million of Water System Variable Rate Demand Revenue Bonds Under Resolution Nos. 4984 and 4985. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

16. (Recommended by Chief Financial Officer) (Approved by General Manager and Chief Engineer) Approval of Authorization to Issue up to $250 Million of Power System Variable Rate Demand Revenue Bonds Under Resolution Nos. 4986 and 4987. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

17. (Recommended by Chief Financial Officer) (Approved by General Manager and Chief Engineer) Approval of Amendment No. 1 to Agreement Nos. 47467A and 47467B for Municipal Advisory Services, on an As-Needed Basis with Public Resources Advisory Group and PFM Financial Advisors, LLC. The Amendment will extend the term by two years and increase the aggregate amount by $1,640,000. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

18. (Recommended by Chief Financial Officer) (Approved by General Manager and Chief Engineer) Approval of Amendment No. 1 to Contract No. 47462 for Casualty Insurance and Bond Brokering Services with AON Risk Insurance Services West, Inc. This Amendment will extend the term by 12 months and increase the amount by $399,000. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

19. (Recommended by Chief Financial Officer and Senior Assistant General Manager – Power System Engineering, Planning, and Technical Services) (Approved by General Manager and Chief Engineer) Approval of Energy Cost Adjustment Expenditures for the 12-Month Period Commencing January 1, 2021. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

20. (Recommended by Chief Financial Officer) (Approved by General Manager and Chief Engineer) Approval of Appointment of Chief Accounting Employee. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

21. (Recommended by Senior Assistant General Manager – External and Regulatory Affairs/Chief Sustainability Officer) (Approved by General Manager and Chief Engineer) Approval of Renewal of Memorandum of Understanding by and between the Los Angeles Department of Water and Power and the Los Angeles Unified School District. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

22. (Recommended by Senior Assistant General Manager – External and Regulatory Affairs/Chief Sustainability Officer) (Approved by General Manager and Chief Engineer) Approval of Agreement Nos. 47629A and 47629B for Residential and Commercial Customers Credit Risk Management with Experian Information Solutions, Inc., and Trans Union, LLC, for a term of three years with two one-year renewal options for a cumulative amount not to exceed $2,500,000. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).