Long Beach

Utilities Commission

2. 26-55919 Recommendation to adopt Resolution No. UT-1568, authorizing the issuance and/or incurrence of City of Long Beach California Senior Sewer Revenue Short Term Obligations from time to time in the form of a Revolving Line of Credit with Wells Fargo Bank N.A. in an aggregate principal amount not to exceed $45,000,000 outstanding at any one time; approving a fourth supplemental senior indenture, a credit agreement, a fee agreement and certain related documents; and authorizing the General Manager to execute all related documents. Suggested Action: Approve recommendation.