COMMUNICATIONS
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Riverside Public Utilities sustainability efforts
CONSENT CALENDAR
All matters listed under the CONSENT CALENDAR are considered routine by the Board
of Public Utilities and may be enacted by one motion in the form listed below. There will
be no separate discussion of these items unless, before the Board of Public Utilities
votes on the motion to adopt, Members of the Board of Public Utilities or the Public
Utilities General Manager, or his designee, request specific items be removed from the
Consent Calendar for separate action.
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Minutes of June 10, 2024
Attachments:
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Record absence of Board Member Melendez from May 13, 2024, meeting as
excused
Attachments:
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Recommend City Council adopt resolution approving financing agreement with
JPMorgan Chase Bank, N.A. in amount of $4,814,000 plus interest payable over a
7-year period at estimated interest rate of approximately 4.149 percent - Authorize
increase in estimated revenues in amount of $4,814,000 to reflect proceeds of
capital lease financing agreement - Authorize supplemental appropriation in amount
of $4,814,000 from Water Fund, Water Automotive Equipment Account, for
purchase of vehicles and related equipment - Authorize estimated costs of issuance
expenditures of $50,000 associated with this financing to be paid from existing
appropriations in Water Fund, Debt Related Fiscal Charges Account
Attachments:
6
Recommend City Council adopt Resolution to declare as exempt surplus vacant
City-owned land, two parcels approximately 13,200 square feet each, located in
Ramona District area between Wheeler Street and Lido Drive on California Avenue
bearing Assessor’s Parcel Numbers 193-072-032 and 193-074-012 - Authorize
marketing and sale of Property at fair market value pursuant to Assembly Bill 1486
and in accordance with City’s Administrative Manual 08.003.00 for Disposition and
Sale of City-owned Real Property
Attachments:
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Recommend City Council approve Termination Agreement with Strong Capital I LP,