1. 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. Under the proposed Third Amended Revolving Credit
Agreement, LADWP will have a $500 Million commitment, without a need for
additional credit approval and will not extend the current term.