Agenda Items

Select an Agenda Item to Comment on.

4. Notice of Compliance Status Report – As of September 30, 2024

K. Minutes

1. Recommendation for approval of the minutes of the October 22, 2024, Regular Meeting of the Board of Water and Power Commissioners.

L. Introduction of Motions for Future Consideration

M. Discussion with Neighborhood Council Representatives Discussion with Neighborhood Council representatives on any Neighborhood Council Resolution or Community Impact Statement filed with the City Clerk which relate to any agenda item listed or being considered on this agenda for the Board.

N. Items for Approval

1. Recommended by Customer Service, Communications, and Corporate Strategy Approval of United States Department of Energy - Grid Resilience and Innovative Partnerships Grant. The programs identified by the Community Grid Innovation Program will be supported by a $96 Million investment as a result of the DOE grant, with $48 Million provided by the DOE and the remaining $48 Million matched by LADWP. Determine item is exempt pursuant to California Environmental Quality Act (CEQA) Guidelines Section 15060(c)(2).

2. Recommended by Financial Services Organization Approval of Payment of Premium for Corporate Property Insurance Policy January 1, 2025, to January 1, 2026. The Resolution requests authority to procure coverage at a cost not-to-exceed $14 Million including taxes and fees. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

3. Recommended by Financial Services Organization Approval for the Payment of the Estimated Fiscal Year 2024/25 Special City Services, the Management Audit of the Los Angeles Water and Power Employees’ Retirement Plan, and the Office of Public Accountability Invoices for an amount not-to-exceed $34,162,402. Determine item is exempt pursuant to CEQA Guidelines Sections 15060(c)(3).

4. Recommended by Financial Services Organization Approval of Authorization to Issue up to $413.00 Million of Water System Revenue Bonds Under Resolution Nos. 5064 and 5065. The total estimated debt service cost for the approximately $413.00 Million new money, including principal and interest, is approximately $730 Million over 30 years. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

5. Recommended by Power System Approval of Amendment No. 1 to Agreement Nos. 47677A and 47677B for Proprietary Professional, Technical, and Repair Services and Parts with GE Vernova International LLC and GE Vernova Operations LLC. The Amendment will increase the cumulative not-to-exceed amount by $105,000,000, from $160,000,000 to $265,000,000. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

6. Recommended by Water System Approval of Contract No. 7958 for City Trunk Line North Unit 2 with W.A. Rasic Construction Company, Inc. The Contract is for a one-time purchase, for an estimated expenditure of $56,215,000, and an amount not-to-exceed $67,458,000, which includes a 20 percent contingency. Determine item is in compliance with CEQA Guideline Sections 15070-15075.

7. Recommended by Water System Approval of Delegation of Authority for Fiscal Years 2024-2025 and 2025-2026 Grant and Loan Applications for Water and Power System Projects. There is no direct financial impact. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(2).

8. Recommended by Water System Approval of Additional Authorization Requested for the Administration of Proposition 1 CalConserve Water Use Efficiency Loan Funding Agreement for the Institutional Water Use Efficiency Loan Program. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

9. Recommended by Water System Approval of Water Supply Assessment – Centro Westlake Project. Walter J Company paid $17,000 to LADWP in order to cover LADWP’s expenses for preparation of this Water Supply Assessment. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(2).