Agenda Items

Select an Agenda Item to Comment on.

5. Financial Services Organization Monthly Activities Report – March 2025

6. Renewable Portfolio Standard and Clean Energy Resources Planning Monthly Report – March 2025

K. Minutes

1. Recommendation for approval of the minutes of the May 27, 2025, 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.

1. Community Impact Statement provided by the North Westwood Neighborhood Council.

N. Items for Approval The Board will consider items recommended for approval. Items on which there are speaker cards or which a Commissioner has requested pulled for discussion will generally be considered after the Management Reports and Filed Items.

1. Recommended by Office of the Chief Customer Officer, Communications, and Community Affairs Approval of Annual Adjustment to Low-Income Eligibility Criteria for the EZSAVE Program. Determine item is exempt pursuant to California Environmental Quality Act Guidelines Section 15060(c)(2).

2. Recommended by Office of the Chief Customer Officer, Communications, and Community Affairs Approval of Feed-in-Tariff+ Pilot Program Expansion. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(2).

3. Recommended by Office of the Chief Financial Officer Approval of Authorization to Execute a Third Amended and Restated Revolving Credit Agreement and the Related Third Amended Fee and Interest Rate Agreement with Wells Fargo Bank, National Association Under Resolution No. 5070. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

4. Recommended by Office of the Chief Financial Officer Approval of Authorization to Execute an Amended and Restated Joint Powers Agreement with the City of Burbank for the Entity Hereafter to be Known as Southern California Public Utilities Financing Authority. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3). City Council approval is required.

5. Recommended by Office of the Chief Financial Officer Approval of Energy Cost Adjustment Expenditures for the 12-Month Period Commencing July 1, 2025. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

6. Recommended by Office of the Chief Financial Officer Approval to Establish Power Base Rate Revenue Target for Fiscal Year 2025-26. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

7. Recommended by Office of the Chief Financial Officer Approval to Establish Water Base Rate Revenue Targets for Fiscal Year 2025-26. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).