12. Recommended by Power System Approval of Optical Fiber Lease Agreement No. FO-923-03/2024 and Short Form IRU-01 Lease Agreement No. FO-924-03/2024 with Fox Studio Lot LLC for Lease of LADWP Optical Fibers. The Agreements are for a term of five years and will generate up to $889,152 in revenue. The Agreement will expire in August 2029.
Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).