Long Beach

City Council

August 11, 2026 Item #4

Agenda Item 4

4. 26-55736 Recommendation to authorize City Manager, or designee, to execute any and all documents necessary, including the Asset Purchase Agreement, between the City of Long Beach (City), Southern California Edison Company, a California corporation (SCE), Thums Long Beach Company THUMS, a Delaware corporation, California Resources Long Beach, Inc. (CRLB), a Delaware corporation, and California Resources Corporation (CRC), a Delaware corporation for the purchase of undersea and above-ground electrical infrastructure facilities providing power to the THUMS Islands. (Citywide) Office or Department: Energy and Environmental Services Suggested Action: Approve recommendation.