Long Beach
City Council
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.