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City of Arts &Innovation <br />BOARD OF PUBLIC UTILITIES <br />DRAFT MINUTES <br />MONDAY, FEBRUARY 26, 2024, 6:30 P.M. <br />PUBLIC COMMENT IN-PERSON/TELEPHONE <br />ART PICK COUNCIL CHAMBER <br />3900 MAIN STREET, RIVERSIDE, CA 92522 <br />PRESENT: Chair Gildardo Oceguera (remotely), Vice Chair Rebeccah Goldware and <br />Board Members Peter Wohlgemuth, Brian Siana, David Crohn, Gary <br />Montgomery, Nancy Melendez, and Rosemary Heru <br />ABSENT: None <br />Vice Chair Goldware called the meeting to order at 6:34 p.m. <br />Board Member Crohn led the pledge of Allegiance to the Flag. <br />PRESENTATIONS/COMMUNICATIONS <br />RECOGNITION OF BOARD MEMBER DAVID CROHN'S SERVICE <br />General Manager Todd Corbin and Board of Public Utilities Members recognized Board <br />Member David Crohn for his service on the Board of Public Utilities. <br />OFFICE OF COMMUNICATIONS UPDATE <br />Kaitlin Reierson provided the Office of Communications update. <br />RIVERSIDE PUBLIC UTIITIES SUSTAINABILITY EFFORTS <br />The Sustainability Efforts update was not held. <br />ORAL COMMUNICATIONS FROM THE AUDIENCE <br />There was no one wishing to address the Board of Public Utilities. <br />CONSENT CALENDAR <br />It was moved by Board Member Melendez and seconded by Board Member Siana to <br />approve the Consent Calendar as presented below affirming the actions appropriate to <br />each item. The motion carried unanimously. <br />MINUTES <br />The minutes of the meeting of February 12, 2024, were approved as presented. <br />2024 ANNUAL INTEREST TO BE PAID ON CUSTOMER DEPOSITS AS PROVIDED BY RIVERSIDE PUBLIC <br />UTILITIES' ELECTRIC AND WATER RULES <br />The Board of Public Utilities approved the annual interest rate on customer deposits for the <br />calendar year 2024 at the rate of 5.10 percent per annum, as provided by Riverside Public <br />Utilities' Electric and Water Rules. <br />1 <br />