Board of Public Utilities

City of Riverside 3900 Main Street Riverside, CA 92522 951-826-5557 Board of Public Utilities Special Meeting Agenda Meeting Date: Monday, April 19, 2021 6:30 PM View Virtual Meeting at Publication Date: Thursday, April 8, 2021 www.riversideca.gov/meeting or www.WatchRiverside.com MISSION STATEMENT The City of Riverside is committed to providing high quality municipal services to ensure a safe, inclusive, and livable community The City of Riverside Public Utilities Department is committed to the highest quality water and electric services at the lowest possible rates to benefit the community. The Board of Public Utilities will conduct a virtual meeting. The Art Pick Council Chamber will not be open to the public. View live webcast at www.riversideca.gov/meeting or www.WatchRiverside.com with open captions. For public comment or to listen to the meeting live by phone, call: (669) 900-6833 Meeting ID: 931 4944 3969 Press *9 to be placed in the queue to speak when the agenda item is called. Individuals in the queue will be prompted to unmute by pressing *6 to speak. Time is limited to 3 minutes. Please follow along with the meeting via www.riversideca.gov/meeting, RiversideTV cable channels, or City social media live feeds to ensure you call in at the appropriate time for your item or items. Public comments regarding items on this agenda or any matters within the jurisdiction of the Board of Public Utilities can be submitted by eComment at www.riversideca.gov/meeting until two hours before the meeting. Email comments to City_Clerk@riversideca.gov. The City of Riverside is committed to a workplace that requires acceptable behavior from everyone - a workplace that provides dignity, respect, and civility to our employees, customers, and the public. City of Riverside Page 1 Board of Public Utilities Agenda April 19, 2021 The City of Riverside wishes to make all of its public meetings accessible to the public. Upon request, this agenda will be made available in appropriate alternative formats to persons with disabilities, as required by 42 U.S.C. §12132 of the Americans with Disabilities Act of 1990. Any person who requires a modification or accommodation in order to participate in a meeting, should direct such request to the City's ADA Coordinator at (951) 826-5427 at least 72 hours before the meeting, if possible. TTY users call 7-1-1 for telecommunications relay services (TRS). Agenda related writings or documents provided to the Board of Public Utilities are available at www.riversideca.gov/meeting. CHAIR CALLS MEETING TO ORDER PLEDGE OF ALLEGIANCE TO THE FLAG ROLL PUBLIC COMMENT 1 You are invited to participate by phone at (669) 900-6833, and enter Meeting ID: 931 4944 3969 to comment on any matters within the jurisdiction of the Board of Public Utilities. Press *9 to be placed in the queue to speak when the agenda item is called. Individuals in the queue will be prompted to unmute by pressing *6 to speak - Individual audience participation is limited to 3 minutes. DISCUSSION CALENDAR This portion of the Board of Public Utilities Agenda is for all matters where staff and public participation is anticipated. Individual audience participation is limited to 3 minutes. 2 Recommend City Council declare as exempt surplus land approximately 23,958 square feet vacant City-owned land at 4125 Vine Street also known as 11th Street Well Site - Purchase, Sale and Development Agreement with Riverside Transit Agency for total of $435,000 including $155,000 for approximately 23,958 square feet of vacant City-owned land, $250,000 fair market value for 11th Street Well use, and $30,000 for 11th Street Well relocation with not to exceed $7,500 for related title, escrow, and miscellaneous closing costs Attachments: Report Agreement Presentation City of Riverside Page 2 Board of Public Utilities Agenda April 19, 2021 3 Utility year-to-date revenues and customer delinquency rates update - Impact review of third year implementation delay of Electric Rate Plan from January 1, 2021, to July 1, 2021, with estimated electric fund revenue reduction of $4.4 million to meet Fiscal Year 2021/2022 budget assumptions Attachments: Report Presentation ********* The next regular Board of Public Utilities meeting is scheduled for Monday, April 26, 2021 View live Webcast of the Board Meeting at: www.RiversideCA.gov/Meeting or www.WatchRiverside.com for open captions ********* Sign up to receive critical information such as unexpected road closures, utility outages, missing persons, and evacuations of buildings or neighborhoods. www.RiversideAlert.com City of Riverside Page 3