Long Beach
Utilities Commission
1. 26-55918 Recommendation to adopt Resolution No. UT-1567, authorizing the issuance
and/or incurrence of City of Long Beach, California Senior Gas Revenue Short
Term Obligations from time in the form of a Revolving Line of Credit with Wells
Fargo Bank N.A. in an aggregate principal amount not to exceed $60,000,000
outstanding at any one time; approving a master senior indenture, a first
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.