Meeting Time: December 08, 2020 at 10:00am PST
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Agenda Item

22. (Recommended by Chief Financial Officer) (Approved by General Manager and Chief Engineer) Approval of Authorization to Increase the Incremental Rate Stabilization Account Target From $100 Million to $140 Million; to Increase the Current Incremental Rate Stabilization Account Balance From $100 Million to $140 Million; and to Restrict $40 Million in Cash to Match the Incremental Rate Stabilization Account. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).