7. Recommended by Power System Approval of Short Form IRU-09 Lease Agreement No. FO-934-04/2025 with Disney Worldwide Services Inc. for Lease of LADWP Optical Fibers. The Agreement is for an initial term of one year with an option for yearly automatic renewals up to the fifth-year anniversary and will generate an annual revenue of $65,856, and a total revenue of $329,280, if the full term is realized. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).