23. Recommended by Power System Approval of Amendment No. 3 to Short Form IRU-05 Lease Agreement No. FO-550-10/2008 with Cogent Communications, LLC for Lease of LADWP Optical Fibers. The proposed Amendment will generate revenue of $526,944, a reduction of $3,840 less than the previous revenue amount of $530,784. The Agreement commenced on January 6, 2009, and is for a term of 20 years. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).