11. Recommended by Power System Approval of Short Form IRU-18 Lease Agreement No. FO-925-06/2024 – Viacom International Inc. for Lease of LADWP Optical Fibers. The Agreement is for a term of two years with automatic yearly renewal up to the fifth anniversary and will generate a total revenue of $351,000. The Agreement will expire in August 2029. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).