Agenda Items

Select an Agenda Item to Comment on.

11. Recommended by Office of the Chief Financial Officer Approval of Underwriting Pool for Investment Banking Services with Barclays Capital Inc.; BofA Securities, Inc.; Goldman Sachs & Co. LLC; J.P. Morgan Securities LLC; Morgan Stanley & Co. LLC; PNC Capital Markets LLC; RBC Capital Markets, LLC; Samuel A. Ramirez & Co., Inc.; Siebert Williams Shank & Co., LLC; TD Financial Products LLC; Wells Fargo Bank, National Association; Academy Securities, Inc.; Alamo Capital; Backstrom McCarley Berry & Co., LLC; Cabrera Capital Markets, LLC; Jefferies LLC; Loop Capital Markets LLC; Oppenheimer & Co. Inc.; Raymond James & Associates, Inc.; Stern Brothers & Co.; Stifel, Nicolaus & Company, Incorporated; Truist Securities, Inc. The proposed Resolution is for a term of five years. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

12. Recommended by Office of the City Attorney Approval of First Amendment to Agreement No. 47801 between the City of Los Angeles, acting by and through the Los Angeles Department of Water and Power and Lynberg & Watkins. The Amendment adds $450,000 for an aggregate budget of $1,150,000 and extends the term by two years, making the new termination date July 31, 2028. Determine item is exempt pursuant to CEQA Guidelines Section 15061(b)(3).

13. Recommended by Office of the City Attorney Approval of Second Amendment to Agreement No. 47799 between the City of Los Angeles, acting by and through the Los Angeles Department of Water and Power and Wood Smith Henning & Berman, LLP. The Amendment adds $300,000 for an aggregate budget of $3,000,000 and extends the term of the Agreement by two years, making the new termination date July 31, 2028. Determine item is exempt pursuant to CEQA Guidelines Section 15061(b)(3).

14. Recommended by Power System Approval of Authorization for Agreement No. 47627 for the Barren Ridge Static Synchronous Compensator Project. The proposed Agreement will increase the not to exceed amount from $33,383,526 to $33,838,733. Determine item is in compliance with CEQA Guidelines Section 15080-15097.

15. Recommended by Power System Approval of Amendment to the Memorandum of Understanding (MOU) for the Southern California Association of Governments Regional Utilities Supporting Housing Grant Funding. The proposed Amendment is to extend the term of the MOU from June 30, 2026, to December 31, 2026, and will award LADWP approximately $3.68 Million as part of the Regional Utilities Supporting Housing Pilot. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

16. Recommended by Power System Approval of Notch Peak Project Power Sales Agreement No. BP 26-011 and Agency Agreement No. BP 26-012 Between the Los Angeles Department of Water and Power and the Southern California Public Power Authority. The 30-year Power Sales Agreement allows LADWP to buy 739,122 MWh of renewable energy annually from SCPPA starting with an expected commercial operation date in September 2028 at a fixed price of $52.70 per MWh (or $46.75–$50.85 if the project qualifies for IPP retirement), costing about $39 Million per year and $1.17 Billion total, with optional project purchase opportunities in years 10, 15, 20, 25, or at the end of the term. Environmental Recommendation is not applicable. City Council approval by ordinance is required.

17. Recommended by Water System Approval of Agreement No. 47986 for Owner's Agent for Pure Water Los Angeles Coordination and Advance Water Purification Facility Development. The Agreement is for a term of five years and an amount not to exceed $12,000,000. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

18. Recommended by Water System Approval of Right-of-Way Grant Serial No. CACA105853852 with the United States Department of the Interior, Bureau of Land Management. The Agreement has a term of approximately 29 years, expiring on December 31, 2053. Under the federal government’s linear land use rent schedule, the initial ten-year period is estimated to be $2,500 and shall be adjusted annually based on the Implicit Price Deflator. Total rent for the term of the Agreement, assuming a 2.1 percent annual increase, is estimated to be approximately $8,975. A non-refundable processing fee of $2,171 and a non-refundable monitoring fee of $3,527 have been paid. Determine item is exempt pursuant to CEQA Guidelines Section 15301.

19. Recommended by Water System Approval of Reimbursement Resolution for Safe Drinking Water State Revolving Loan Fund Construction Financing for De Soto Trunk Line Replacement Project Phase 1. The proposed Resolution will provide up to $50,000,000 in low-interest financing and will result in an estimated $24,390,303 in total interest savings. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

20. Recommended by Water System Approval of Contract No. 7982 for North Hollywood Central Chlorination Station Replacement Project with Stacy and Witbeck, Inc. The Contract is for a one-time purchase, for an estimated expenditure of $31,645,165 and an amount not to exceed $37,974,198 which includes a 20 percent contingency. Determine item is in compliance with CEQA Guidelines Sections 15070-15075.

21. Recommended by Board of Water and Power Commissioners Approval of the Personnel Relations Committee’s report for Grievance No. 3-009-25 filed by Manely Rashedan.

22. Recommended by Board of Water and Power Commissioners Approval of the Personnel Relations Committee’s report for Grievance No. 8-034-25 filed by Timothy Lamb.

23. Recommended by Board of Water and Power Commissioners Approval of the Personnel Relations Committee’s report for Grievance No. 8-090-25 filed by Timothy Lamb.

P. Closed Session The Board shall recess into closed session for a conference with legal counsel regarding the below items:

1. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION (Section 54956.9(d)(1) of the California Government Code) Lippman v. USA et al., Case No. 2:25-cv-04360-SB-MAR.