Meeting Details

Meeting Name: Utilities Commission Agenda status: Final
Meeting date/time: 2/9/2023 10:00 AM Minutes status: Final  
Meeting location: Long Beach Utilities Department 1800 East Wardlow Road Board Room
EMERGENCY MEETING
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Agenda packet: Not available
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
23-020UT 11.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 qualifyingUT-Agenda ItemRecommendation 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.approve recommendationPass Action details Not available
23-021UT 12.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 thUT-Agenda ItemRecommendation 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.approve recommendationPass Action details Not available