08-13-2018 BPU RPT 13 - Laserfiche WebLink

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W A T F R E N E R G Y L RIVERSIDE PUBLIC UTILITIES .�W& Board Memorandum P U B L I C U T I L I T I E S BOARD OF PUBLIC UTILITIES DATE: AUGUST 13, 2018 ITEM NO: 13 SUBJECT: AMENDED AND RESTATED AGREEMENT FOR USE OF LOW INCOME UTILITY BILL AND DEPOSIT ASSISTANCE FUNDS WITH THE COMMUNITY ACTION PARTNERSHIP OF RIVERSIDE COUNTY FOR THE SHARING HOUSEHOLDS ASSIST RIVERSIDE'S ENERGY PROGRAM IN THE ANNUAL AMOUNT OF $2,800,000 ISSUE: Recommend that the City Council approve the Amended and Restated Agreement for the Use of Low - Income Utility Bill and Deposit Assistance Funds with the Community Action Partnership of Riverside County for the Sharing Households Assist Riverside's Energy program in the annual amount of $2,800,000. RECOMMENDATIONS: That the Board of Public Utilities recommend that the City Council: 1. Approve the Amended and Restated Agreement for the Use of Low -Income Utility Bill and Deposit Assistance Funds with the Community Action Partnership of Riverside County to extend the Sharing Households Assist Riverside's Energy program from July 1, 2018 through June 30, 2024, in the annual amount of $2,800,000; 2. Authorize the City Manager, or his designee, to approve annual change orders up to a maximum of 10%, or $280,000; 3. Authorize the Board of Public Utilities to approve annual expenditures for the SHARE program, in amounts not to exceed $2,800,000 annually and annual change orders of 10%; and 4. Authorize the City Manager, or his designee, to execute the Amended and Restated Agreement for use of Low -Income Utility Bill Deposit Assistance Funds with the Community Action Partnership of Riverside County, including making non -substantive changes. LEGISLATIVE HISTORY: Assembly Bill (AB) 1890 was adopted in 1996, which granted authority to publicly owned utilities to collect and spend Public Benefits Charge funds for low-income assistance. Page 351