Agenda Items

Select an Agenda Item to Comment on.

3. Financial Services Organization Monthly Activities Report – June 2026

4. Executive Directive No. 19 – Implementation Status Report – August 2026

5. Power System Monthly Report – April 2026

6. Power System Monthly Report – May 2026

7. Power System Monthly Report – June 2026

8. Power System Monthly Report – July 2026

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.

N. Items for Approval

1. Recommended by Office of the Chief Financial Officer Approval of Resolution for Energy Cost Adjustment Expenditures. The proposed Resolution approves expenditures for a 12-Month Period Commencing October 1, 2026. Determine item is exempt pursuant to California Environmental Quality Act Guidelines Section 15060(c)(3).

2. Recommended by Office of the Chief Financial Officer Approval of Resolution for Estimated Water Supply Cost, Water Quality Improvement, and Owens Valley Regulatory Adjustments. The proposed Resolution authorizes expenditures for a 12-month period, commencing January 1, 2027 through December 31, 2027. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

3. Recommended by Office of the Chief Financial Officer Approval of Authorization to Issue up to $1.081 Billion in Power System Revenue Bonds Under Resolution Nos. 5095 and 5096. The proposed Resolutions will authorize issuance of up to $1.081 Billion in fixed-rate, tax-exempt Power System Revenue Bonds. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

4. Recommended by Water System Approval of Lease No. 1309 with Big Pine Community Service District. The Lease will generate an estimated rental revenue of $4,025 over the first five years, and rent is subject to renegotiation each five-year period thereafter. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).

5. Recommended by Power System Approval of Contract No. 8095 for Castaic Power Plant Outlet Tower Gates with Henry Pratt Company, LLC. The Contract is for a one-time purchase and expenditure will not exceed $6,681,336. Determine item is exempt pursuant to CEQA Guidelines Section 15302.

O. Closed Session