Utilities Commission

Agenda

1. FINISHED AGENDA AND FINAL MINUTES
2. Untitled item
3. CALL TO ORDER
4. FLAG SALUTE
5. ROLL CALL
6. PUBLIC COMMENT
7. REGULAR AGENDA
8. 1. Recommendation to authorize the General Manager to implement a one-time enhancement to the City of Long Beach’s ongoing Utility Payment Assistance programs to include: a) a one-time Utility Users Tax (UUT) credit of: (i) $200, per account, for qualifying Long Beach ratepayers enrolled in the senior citizen/disability Utility Users Tax Exemption Program as of March 31, 2023, (ii) $150, per account, for qualifying Long Beach residential ratepayers enrolled in the City’s Low Income Gas Discount Program as of March 31, 2023, and, as long as funds remain available, (iii) upon request by Long Beach residential ratepayers that self-certify in writing that they are in economic need; and also b) a one-time AB 32 credit of $45 applied to all Long Beach and Signal Hill individually-metered residential accounts.
   UT-Agenda Item
   Action: approve recommendation Passed

   A motion was made by Commissioner Shannon, seconded by Commissioner Martinez, to approve an amended recommendation of a one-time UUT credit of (i) $200 for qualifying seniors and disabled citizens; (ii) $150 for qualifying low income customers; and a one-time AB 32 credit of $45 to all gas customers; and that the payment assistance for customers in economic need be returned to the next Board meeting. The motion carried by the following vote:

9. 2. Recommendation to authorize the General Manager to enter into a Natural Gas Commodity Fixed Price Swap Agreement pursuant to the International Swap and Derivatives Association (ISDA) Master Agreements, to provide natural gas price protection with terms that meet or exceed the following conditions: 1) a term of no more than three years; and 2) pricing terms indexed at the Southern California border.
   UT-Agenda Item
   Action: approve recommendation Passed

   A motion was made by Commissioner Martinez, seconded by Commissioner Shannon, to approve recommendation. The motion carried by the following vote:

10. ADJOURNMENT
11. I, Dynna Long, Executive Secretary, certify that the agenda was posted not less than 24 hours prior to the meeting.
12. Note: A digital recording of this meeting will be available at the Long Beach Utilities Department. The Long Beach Utilities Department provides reasonable accommodation in accordance with the Americans with Disabilities Act of 1990. If a special accommodation is required, or if an agenda is needed in an alternative format, please call the Board of Utilities Commissioner Executive Assistant, 48 hours prior to the meeting at (562) 570-2435 or (562) 570-6626 (telecommunications for the deaf). The Board of Utilities Commission email: watercommission@lbwater.org is available for correspondence purposes.