City of Long Beach - File #: 20-140WA

• File #: 20-140WA
• Version: 1
• Name: Recommendation to authorize the General Manager to execute all necessary documents to convert 6,434.35 acre-feet of Central Basin carryover to storage in an amount not to exceed $2,348,538.
• Type: WA-Agenda Item
• Status: Approved
• File created: 7/30/2020
• In control: Water Commission (now under Utilities Commission)
• On agenda: 8/6/2020
• Final action: 8/6/2020
• Title: Recommendation to authorize the General Manager to execute all necessary documents to convert 6,434.35 acre-feet of Central Basin carryover to storage in an amount not to exceed $2,348,538. BUREAU: Water Resources

Date	Ver.	Action By	Action	Result
8/6/2020	1	Water Commission (now under Utilities Commission)	approve recommendation	Pass

TITLE

Recommendation to authorize the General Manager to execute all necessary documents to convert 6,434.35 acre-feet of Central Basin carryover to storage in an amount not to exceed $2,348,538.

BUREAU:  Water Resources

FISCAL IMPACT

The total FY 20 cost to the Water Fund will be $2,348,538, but the total FY 20 savings to the Water Fund will be $2,457,922, for a net savings of $109,384. These cost savings are unbudgeted in the Water Fund.

SUGGESTED ACTION

Approve recommendation.