2. Recommended by Office of the City Attorney for Water and Power Approval of Legal Services Agreement between the City of Los Angeles, acting by and through the Los Angeles Department of Water and Power, and Munger, Tolles & Olson, LLP. The term will commence on January 12, 2025, and terminate January 11, 2028. The initial allotment for the Agreement is not to exceed $10,000,000. Determine item is exempt pursuant to CEQA Guidelines Section 15061(b)(3).