11. Recommended by Power System Approval of Optical Fiber Lease Agreement No. FO-927-08/2024 and Short
Form IRU-01 Lease Agreement No. FO-928-08/2024 with Loyola Marymount
University for Lease of LADWP Optical Fibers. IRU-01 will generate an
annual revenue of $56,100, and a total revenue of $280,500, if the full term is
realized.
Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).