WEBVTT 00:00:00.000 --> 00:00:25.539 Unknown: Music 00:03:30.000 --> 00:03:32.000 Unknown: Thank you. 00:04:00.000 --> 00:04:02.000 Unknown: Thank you. 00:04:30.000 --> 00:04:32.000 Unknown: Thank you. 00:05:00.000 --> 00:05:02.000 Unknown: Thank you. 00:05:02.000 --> 00:05:04.000 Unknown: Thank you. 00:05:24.000 --> 00:05:26.000 SPEAKER_04: All right. Here we go. 00:05:26.000 --> 00:05:28.000 SPEAKER_04: Welcome to the 00:05:30.000 --> 00:05:32.000 SPEAKER_04: final meeting of August 12, 00:05:32.000 --> 00:05:34.000 SPEAKER_04: 2027. This room is equipped 00:05:34.000 --> 00:05:36.000 SPEAKER_04: with a safety alarm. If the 00:05:36.000 --> 00:05:38.000 SPEAKER_04: alarm sounds, please leave in 00:05:38.000 --> 00:05:40.000 SPEAKER_04: an orderly manner via the 00:05:40.000 --> 00:05:42.000 SPEAKER_04: exits to the lobby or behind 00:05:42.000 --> 00:05:44.000 SPEAKER_04: the dais. Assemble in front 00:05:44.000 --> 00:05:46.000 SPEAKER_04: of the building and wait to 00:05:46.000 --> 00:05:48.000 SPEAKER_04: hear the all clear 00:05:48.000 --> 00:05:50.000 SPEAKER_04: announcement from security 00:05:50.000 --> 00:05:52.000 SPEAKER_04: before reentering. 00:05:52.000 --> 00:05:54.000 Unknown: This meeting is being 00:05:54.000 --> 00:05:56.000 SPEAKER_04: recorded and can be accessed 00:05:56.000 --> 00:05:58.000 SPEAKER_04: on SMUD's website. 00:05:58.000 --> 00:06:00.000 SPEAKER_04: Please remember to 00:06:00.000 --> 00:06:02.000 SPEAKER_04: unmute your microphone 00:06:02.000 --> 00:06:04.000 Unknown: when speaking in order 00:06:04.000 --> 00:06:06.000 SPEAKER_04: that our virtual attendees 00:06:06.000 --> 00:06:08.000 SPEAKER_04: may hear. The 00:06:08.000 --> 00:06:10.000 SPEAKER_04: microphone will display 00:06:10.000 --> 00:06:12.000 SPEAKER_04: a green indicator light 00:06:12.000 --> 00:06:14.000 Unknown: when the mic is on. 00:06:14.000 --> 00:06:16.000 Unknown: For members of the public 00:06:16.000 --> 00:06:18.000 SPEAKER_04: attending in person 00:06:18.000 --> 00:06:20.000 SPEAKER_04: who wish to speak at the 00:06:20.000 --> 00:06:22.000 SPEAKER_04: meeting, please fill out a 00:06:22.000 --> 00:06:24.000 SPEAKER_04: user request form located 00:06:24.000 --> 00:06:26.000 SPEAKER_04: on the table outside this room 00:06:26.000 --> 00:06:28.000 SPEAKER_04: and hand it to SMUD 00:06:28.000 --> 00:06:30.000 SPEAKER_04: security. 00:06:30.000 --> 00:06:32.000 SPEAKER_04: Members of the public attending 00:06:32.000 --> 00:06:34.000 SPEAKER_04: this meeting virtually who wish 00:06:34.000 --> 00:06:36.000 SPEAKER_04: to provide verbal comments 00:06:36.000 --> 00:06:38.000 SPEAKER_04: during the committee meeting 00:06:38.000 --> 00:06:40.000 SPEAKER_04: may do so by using 00:06:40.000 --> 00:06:42.000 SPEAKER_04: the raise hand feature 00:06:42.000 --> 00:06:44.000 SPEAKER_04: in Zoom or you 00:06:44.000 --> 00:06:46.000 SPEAKER_04: can press star 9 00:06:46.000 --> 00:06:48.000 SPEAKER_04: when you're dialed into the 00:06:48.000 --> 00:06:50.000 SPEAKER_04: telephone number. 00:06:50.000 --> 00:06:52.000 Unknown: And you will be called 00:06:52.000 --> 00:06:54.000 SPEAKER_04: on at the time public 00:06:54.000 --> 00:06:56.000 SPEAKER_04: comment is called. 00:06:56.000 --> 00:06:58.000 SPEAKER_04: Technical support staff 00:06:58.000 --> 00:07:00.000 SPEAKER_04: will enable the audio 00:07:00.000 --> 00:07:02.000 SPEAKER_04: for you when your name 00:07:02.000 --> 00:07:04.000 SPEAKER_04: is announced during the public comment 00:07:04.000 --> 00:07:06.000 SPEAKER_04: period. You may 00:07:06.000 --> 00:07:08.000 SPEAKER_04: also submit written comments 00:07:08.000 --> 00:07:10.000 SPEAKER_04: by emailing them to 00:07:10.000 --> 00:07:12.000 SPEAKER_04: publiccommentatsmud.org. 00:07:12.000 --> 00:07:14.000 SPEAKER_04: Written comments 00:07:14.000 --> 00:07:16.000 SPEAKER_04: will not be read into 00:07:16.000 --> 00:07:18.000 SPEAKER_04: the record but will 00:07:18.000 --> 00:07:20.000 SPEAKER_04: be provided to the board 00:07:20.000 --> 00:07:22.000 SPEAKER_04: electronically and placed 00:07:22.000 --> 00:07:24.000 SPEAKER_04: into the record of the meeting 00:07:24.000 --> 00:07:26.000 SPEAKER_04: if received within 00:07:26.000 --> 00:07:28.000 SPEAKER_04: two hours after 00:07:28.000 --> 00:07:30.000 SPEAKER_04: the meeting ends. 00:07:30.000 --> 00:07:32.000 Unknown: Chief legal officer, 00:07:32.000 --> 00:07:34.000 SPEAKER_04: please conduct the roll call. 00:07:34.000 --> 00:07:36.000 Unknown: Director Kurth? 00:07:36.000 --> 00:07:38.000 SPEAKER_06: Director Rose? 00:07:38.000 --> 00:07:40.000 SPEAKER_06: Chair Herber? 00:07:40.000 --> 00:07:42.000 SPEAKER_06: All committee members are present. 00:07:42.000 --> 00:07:44.000 SPEAKER_06: Also present are directors B. 00:07:44.000 --> 00:07:46.000 SPEAKER_06: Thompson, Fishman and President Tamayo. 00:07:46.000 --> 00:07:48.000 Unknown: Thank you. 00:07:48.000 --> 00:07:50.000 SPEAKER_04: Item number one is to 00:07:50.000 --> 00:07:52.000 SPEAKER_04: discuss the monitoring report 00:07:52.000 --> 00:07:54.000 SPEAKER_04: for strategic direction 00:07:54.000 --> 00:07:56.000 SPEAKER_04: 13 00:07:56.000 --> 00:07:58.000 SPEAKER_04: which relates to economic 00:07:58.000 --> 00:08:00.000 SPEAKER_04: development. 00:08:00.000 --> 00:08:02.000 SPEAKER_04: And making that presentation tonight 00:08:02.000 --> 00:08:04.000 SPEAKER_04: will be Dr. 00:08:04.000 --> 00:08:06.000 SPEAKER_04: Markeisha Webster, the 00:08:06.000 --> 00:08:08.000 SPEAKER_04: director of DEIB 00:08:08.000 --> 00:08:10.000 SPEAKER_04: Learning and Sustainable 00:08:10.000 --> 00:08:12.000 SPEAKER_04: Communities. 00:08:12.000 --> 00:08:14.000 Unknown: All right. 00:08:14.000 --> 00:08:16.000 SPEAKER_05: Good evening, everybody. Can you hear me? 00:08:16.000 --> 00:08:18.000 SPEAKER_05: Okay. 00:08:18.000 --> 00:08:20.000 SPEAKER_05: All right. Let's get started. 00:08:20.000 --> 00:08:22.000 SPEAKER_05: So I am Dr. 00:08:22.000 --> 00:08:24.000 SPEAKER_05: Markeisha Webster, director for 00:08:24.000 --> 00:08:26.000 SPEAKER_05: DEIB Learning and Sustainable Communities here at 00:08:26.000 --> 00:08:28.000 SPEAKER_05: SMUD. Tonight I'm presenting 00:08:28.000 --> 00:08:30.000 SPEAKER_05: our SD13 monitoring report 00:08:30.000 --> 00:08:32.000 SPEAKER_05: highlighting our economic development 00:08:32.000 --> 00:08:34.000 SPEAKER_05: work in 2025 00:08:34.000 --> 00:08:36.000 SPEAKER_05: and how that work really has strengthened 00:08:36.000 --> 00:08:38.000 SPEAKER_05: our region while continuing to support 00:08:38.000 --> 00:08:40.000 SPEAKER_05: reliable, affordable service for 00:08:40.000 --> 00:08:42.000 SPEAKER_05: our customers. I want to just take 00:08:42.000 --> 00:08:44.000 SPEAKER_05: a moment and thank all SMUD 00:08:44.000 --> 00:08:46.000 SPEAKER_05: employees who pour their time, 00:08:46.000 --> 00:08:48.000 SPEAKER_05: their expertise, their attention, 00:08:48.000 --> 00:08:50.000 SPEAKER_05: their commitment to this work. 00:08:50.000 --> 00:08:52.000 SPEAKER_05: Reports like these could not happen 00:08:52.000 --> 00:08:54.000 SPEAKER_05: without their tireless efforts. So thank you. 00:08:54.000 --> 00:08:56.000 SPEAKER_05: Many of them are here with us tonight. 00:08:56.000 --> 00:08:58.000 SPEAKER_05: All right. 00:08:58.000 --> 00:09:00.000 Unknown: So as a 00:09:00.000 --> 00:09:02.000 SPEAKER_05: reminder, SD13 00:09:02.000 --> 00:09:04.000 SPEAKER_05: is about strengthening the economic 00:09:04.000 --> 00:09:06.000 SPEAKER_05: vitality of the Sacramento region 00:09:06.000 --> 00:09:08.000 SPEAKER_05: while maintaining affordability 00:09:08.000 --> 00:09:10.000 SPEAKER_05: and balancing our strategic priorities. 00:09:10.000 --> 00:09:12.000 SPEAKER_05: There are five specific areas, 00:09:12.000 --> 00:09:14.000 SPEAKER_05: which you can see here, that help 00:09:14.000 --> 00:09:16.000 SPEAKER_05: to achieve our economic development 00:09:16.000 --> 00:09:18.000 SPEAKER_05: goals. We do that in several 00:09:18.000 --> 00:09:20.000 SPEAKER_05: ways, by partnering across the region, 00:09:20.000 --> 00:09:22.000 SPEAKER_05: attracting and retaining businesses, 00:09:22.000 --> 00:09:24.000 SPEAKER_05: supporting entrepreneurs, 00:09:24.000 --> 00:09:26.000 SPEAKER_05: offering economic development 00:09:26.000 --> 00:09:28.000 SPEAKER_05: incentives, and helping small 00:09:28.000 --> 00:09:30.000 SPEAKER_05: businesses compete for SMUD 00:09:30.000 --> 00:09:32.000 SPEAKER_05: contracting opportunities. 00:09:32.000 --> 00:09:34.000 SPEAKER_05: Together, all of these efforts contribute 00:09:34.000 --> 00:09:36.000 SPEAKER_05: to a stronger regional economy 00:09:36.000 --> 00:09:38.000 SPEAKER_05: that benefits both our communities and our customers. 00:09:38.000 --> 00:09:40.000 SPEAKER_05: I'll be talking about each 00:09:40.000 --> 00:09:42.000 SPEAKER_05: of those here in a moment. 00:09:42.000 --> 00:09:44.000 Unknown: So just want to pause here for a moment. 00:09:44.000 --> 00:09:46.000 SPEAKER_05: One, there are lovely pictures here. 00:09:46.000 --> 00:09:48.000 SPEAKER_05: But in the middle there, 00:09:48.000 --> 00:09:50.000 SPEAKER_05: it talks about really 00:09:50.000 --> 00:09:52.000 SPEAKER_05: this idea of promoting economic 00:09:52.000 --> 00:09:54.000 SPEAKER_05: vitality in our region. 00:09:54.000 --> 00:09:56.000 SPEAKER_05: And so economic development 00:09:56.000 --> 00:09:58.000 SPEAKER_05: is just one of the many ways that SMUD 00:09:58.000 --> 00:10:00.000 SPEAKER_05: creates value beyond just 00:10:00.000 --> 00:10:02.000 SPEAKER_05: delivering electricity. We're 00:10:02.000 --> 00:10:04.000 SPEAKER_05: recognized as a regional leader 00:10:04.000 --> 00:10:06.000 SPEAKER_05: because we consistently bring partners 00:10:06.000 --> 00:10:08.000 SPEAKER_05: together. We support business 00:10:08.000 --> 00:10:10.000 SPEAKER_05: growth, and we invest in initiatives 00:10:10.000 --> 00:10:12.000 SPEAKER_05: that strengthen our local economy. 00:10:12.000 --> 00:10:14.000 SPEAKER_05: Together, and today, 00:10:14.000 --> 00:10:16.000 SPEAKER_05: those efforts generate an 00:10:16.000 --> 00:10:18.000 SPEAKER_05: estimated $3.4 billion 00:10:18.000 --> 00:10:20.000 SPEAKER_05: in annual economic 00:10:20.000 --> 00:10:22.000 SPEAKER_05: output across the Sacramento region. 00:10:22.000 --> 00:10:24.000 SPEAKER_05: And that is something to be super 00:10:24.000 --> 00:10:26.000 SPEAKER_05: proud of. It is a reflection 00:10:26.000 --> 00:10:28.000 SPEAKER_05: of the power of collaboration 00:10:28.000 --> 00:10:30.000 SPEAKER_05: and our long-term investment in this space. 00:10:32.000 --> 00:10:34.000 Unknown: Okay, so let's jump in. 00:10:34.000 --> 00:10:36.000 SPEAKER_05: The first section of SD13 00:10:36.000 --> 00:10:38.000 SPEAKER_05: talks about how we 00:10:38.000 --> 00:10:40.000 SPEAKER_05: promote innovation while remaining 00:10:40.000 --> 00:10:42.000 SPEAKER_05: affordable. While SMUD doesn't 00:10:42.000 --> 00:10:44.000 SPEAKER_05: directly invest in startups, 00:10:44.000 --> 00:10:46.000 SPEAKER_05: we invest in the ecosystem 00:10:46.000 --> 00:10:48.000 SPEAKER_05: that helps entrepreneurs succeed. 00:10:48.000 --> 00:10:50.000 SPEAKER_05: Through partnerships with 00:10:50.000 --> 00:10:52.000 SPEAKER_05: nonprofit organizations, we help 00:10:52.000 --> 00:10:54.000 SPEAKER_05: connect innovators with resources 00:10:54.000 --> 00:10:56.000 SPEAKER_05: to take their big, great 00:10:56.000 --> 00:10:58.000 SPEAKER_05: ideas and move those to market. 00:10:58.000 --> 00:11:00.000 SPEAKER_05: As you can see on the left-hand 00:11:00.000 --> 00:11:02.000 SPEAKER_05: side of this slide, our partnership 00:11:02.000 --> 00:11:04.000 SPEAKER_05: focuses on four key areas. 00:11:04.000 --> 00:11:06.000 SPEAKER_05: Translating those big, wonderful, 00:11:06.000 --> 00:11:08.000 SPEAKER_05: bold ideas into action, 00:11:08.000 --> 00:11:10.000 Unknown: cultivating incubator space 00:11:10.000 --> 00:11:12.000 SPEAKER_05: where folks can come together, really 00:11:12.000 --> 00:11:14.000 SPEAKER_05: develop those ideas, tinker, 00:11:14.000 --> 00:11:16.000 SPEAKER_05: and think. We provide 00:11:16.000 --> 00:11:18.000 SPEAKER_05: spaces for coaching and mentorship, 00:11:18.000 --> 00:11:20.000 SPEAKER_05: and we create opportunities 00:11:20.000 --> 00:11:22.000 SPEAKER_05: for networking and collaboration. 00:11:22.000 --> 00:11:24.000 Unknown: Through these four 00:11:24.000 --> 00:11:26.000 SPEAKER_05: areas, our partners support 00:11:26.000 --> 00:11:28.000 SPEAKER_05: entrepreneurs at every stage 00:11:28.000 --> 00:11:30.000 SPEAKER_05: of their journey. We help them move 00:11:30.000 --> 00:11:32.000 SPEAKER_05: those ideas into execution. 00:11:32.000 --> 00:11:34.000 SPEAKER_05: They can access space 00:11:34.000 --> 00:11:36.000 SPEAKER_05: and tools that they need to strengthen 00:11:36.000 --> 00:11:38.000 SPEAKER_05: their ideas. They get an opportunity 00:11:38.000 --> 00:11:40.000 SPEAKER_05: to build those business pitches, 00:11:40.000 --> 00:11:42.000 SPEAKER_05: and they build connections 00:11:42.000 --> 00:11:44.000 SPEAKER_05: with investors, mentors, 00:11:44.000 --> 00:11:46.000 SPEAKER_05: and other industry leaders. 00:11:46.000 --> 00:11:48.000 SPEAKER_05: And importantly, this work is about 00:11:48.000 --> 00:11:50.000 SPEAKER_05: expanding opportunity 00:11:50.000 --> 00:11:52.000 SPEAKER_05: by reducing barriers, and those barriers can 00:11:52.000 --> 00:11:54.000 SPEAKER_05: be things like resources, technology, 00:11:54.000 --> 00:11:56.000 SPEAKER_05: expertise, professional 00:11:56.000 --> 00:11:58.000 SPEAKER_05: networks. We create more pathways 00:11:58.000 --> 00:12:00.000 SPEAKER_05: for entrepreneurs to participate 00:12:00.000 --> 00:12:02.000 SPEAKER_05: in our economic innovation. 00:12:02.000 --> 00:12:04.000 SPEAKER_05: That ultimately supports 00:12:04.000 --> 00:12:06.000 SPEAKER_05: business growth, causes greater access 00:12:06.000 --> 00:12:08.000 SPEAKER_05: to jobs and economic opportunity, 00:12:08.000 --> 00:12:10.000 SPEAKER_05: and contributes to our overall 00:12:10.000 --> 00:12:12.000 SPEAKER_05: economic vitality as a region. 00:12:12.000 --> 00:12:14.000 SPEAKER_05: And we can see the reach of that investment 00:12:14.000 --> 00:12:16.000 SPEAKER_05: on the right-hand side of this slide. 00:12:16.000 --> 00:12:18.000 SPEAKER_05: In 2025, 00:12:18.000 --> 00:12:20.000 SPEAKER_05: SMUD Invest 00:12:20.000 --> 00:12:22.000 SPEAKER_05: in expertise, business 00:12:22.000 --> 00:12:24.000 SPEAKER_05: community partnerships, 00:12:24.000 --> 00:12:26.000 SPEAKER_05: you name it. 00:12:26.000 --> 00:12:28.000 SPEAKER_05: Just in terms of attendees, 00:12:28.000 --> 00:12:30.000 SPEAKER_05: who were participating, right? 00:12:30.000 --> 00:12:32.000 SPEAKER_05: We had 11,833 attendees, 00:12:32.000 --> 00:12:34.000 SPEAKER_05: and that included 00:12:34.000 --> 00:12:36.000 SPEAKER_05: founders, technologists, ecosystem 00:12:36.000 --> 00:12:38.000 SPEAKER_05: partners. We helped to support 00:12:38.000 --> 00:12:40.000 SPEAKER_05: the hosting of 404 events, 00:12:40.000 --> 00:12:42.000 SPEAKER_05: startup happy hours. That sounds fun, 00:12:42.000 --> 00:12:44.000 SPEAKER_05: a startup happy hour. 00:12:44.000 --> 00:12:46.000 SPEAKER_05: Such as One Million Cup Sacramento, 00:12:46.000 --> 00:12:48.000 SPEAKER_05: Clean Start's 00:12:48.000 --> 00:12:50.000 SPEAKER_05: Clean Tech startups. 00:12:50.000 --> 00:12:52.000 SPEAKER_05: We had 2,645 00:12:52.000 --> 00:12:54.000 SPEAKER_05: startups that were served. 00:12:54.000 --> 00:12:56.000 SPEAKER_05: And examples like 00:12:56.000 --> 00:12:58.000 SPEAKER_05: IHG, where their 00:12:58.000 --> 00:13:00.000 SPEAKER_05: COO, Rich Foreman, was 00:13:00.000 --> 00:13:02.000 SPEAKER_05: awarded the grand prize 00:13:02.000 --> 00:13:04.000 SPEAKER_05: in 2025 at 00:13:04.000 --> 00:13:06.000 SPEAKER_05: Pitch Elk Grove. 00:13:06.000 --> 00:13:08.000 SPEAKER_05: And the Triangle Media, 00:13:08.000 --> 00:13:10.000 SPEAKER_05: which is a creative media 00:13:10.000 --> 00:13:12.000 SPEAKER_05: company that moved a concept 00:13:12.000 --> 00:13:14.000 SPEAKER_05: into execution with just some focus 00:13:14.000 --> 00:13:16.000 SPEAKER_05: on their growth strategy and their marketing. 00:13:16.000 --> 00:13:18.000 SPEAKER_05: So some good examples. 00:13:18.000 --> 00:13:20.000 SPEAKER_05: And then mentorship is 00:13:20.000 --> 00:13:22.000 SPEAKER_05: so key in the entrepreneurial 00:13:22.000 --> 00:13:24.000 SPEAKER_05: community. And in 2025, 00:13:24.000 --> 00:13:26.000 SPEAKER_05: 1,523 mentor matches 00:13:26.000 --> 00:13:28.000 SPEAKER_05: were created. Couple of examples. 00:13:28.000 --> 00:13:30.000 SPEAKER_05: So startup Folsom mentored, 00:13:30.000 --> 00:13:32.000 SPEAKER_05: and please excuse me if I don't get the names 00:13:32.000 --> 00:13:34.000 SPEAKER_05: pronounced correctly, but 00:13:34.000 --> 00:13:36.000 SPEAKER_05: Ashida Shah, with 00:13:36.000 --> 00:13:38.000 SPEAKER_05: matrubials on her pitch, and 00:13:38.000 --> 00:13:40.000 SPEAKER_05: she won a total of $60,000 00:13:40.000 --> 00:13:42.000 SPEAKER_05: from NorCal 00:13:42.000 --> 00:13:44.000 SPEAKER_05: AngelCon. And then Clean 00:13:44.000 --> 00:13:46.000 SPEAKER_05: Start mentored Mudit 00:13:46.000 --> 00:13:48.000 SPEAKER_05: Sayena, who is familiar with Zero Home. 00:13:48.000 --> 00:13:50.000 SPEAKER_05: Anybody familiar with that? 00:13:50.000 --> 00:13:52.000 SPEAKER_05: Thank you. Thank you, 00:13:52.000 --> 00:13:54.000 SPEAKER_05: team. It is a new 00:13:54.000 --> 00:13:56.000 SPEAKER_05: pilot platform with 00:13:56.000 --> 00:13:58.000 SPEAKER_05: SMUD that educates residents on 00:13:58.000 --> 00:14:00.000 SPEAKER_05: home efficiency. And if you want to know 00:14:00.000 --> 00:14:02.000 SPEAKER_05: anything more about that, I've got some information I can give you after this. 00:14:02.000 --> 00:14:04.000 SPEAKER_05: We couldn't do any of 00:14:04.000 --> 00:14:06.000 SPEAKER_05: this work without our partnerships, and last 00:14:06.000 --> 00:14:08.000 SPEAKER_05: year, this work 00:14:08.000 --> 00:14:10.000 SPEAKER_05: resulted in 29 00:14:10.000 --> 00:14:12.000 SPEAKER_05: partnerships. A couple of those 00:14:12.000 --> 00:14:14.000 SPEAKER_05: to highlight, the Downtown Sacramento 00:14:14.000 --> 00:14:16.000 SPEAKER_05: Foundation Calling Our Dreamers 00:14:16.000 --> 00:14:18.000 Unknown: program, and the Everyday Creative 00:14:18.000 --> 00:14:20.000 SPEAKER_05: Program, produced by Culture, 00:14:20.000 --> 00:14:22.000 SPEAKER_05: no you, very creative, 00:14:22.000 --> 00:14:24.000 SPEAKER_05: with support from SMUD, and they 00:14:24.000 --> 00:14:26.000 SPEAKER_05: hosted two accelerators last year. 00:14:26.000 --> 00:14:28.000 SPEAKER_05: Innovation doesn't happen in 00:14:28.000 --> 00:14:30.000 SPEAKER_05: isolation, it happens when entrepreneurs 00:14:30.000 --> 00:14:32.000 SPEAKER_05: have access to the right resources, 00:14:32.000 --> 00:14:34.000 SPEAKER_05: relationships, and opportunities. 00:14:34.000 --> 00:14:36.000 SPEAKER_05: So next I want to talk about 00:14:36.000 --> 00:14:38.000 SPEAKER_05: SMUD and its commitment to 00:14:38.000 --> 00:14:40.000 SPEAKER_05: regional alignment in Area 00:14:40.000 --> 00:14:42.000 SPEAKER_05: B of SC13. 00:14:42.000 --> 00:14:44.000 Unknown: SMUD continued its strong tradition of 00:14:44.000 --> 00:14:46.000 SPEAKER_05: regional leadership by convening partners, 00:14:46.000 --> 00:14:48.000 SPEAKER_05: shaping economic development priorities, 00:14:48.000 --> 00:14:50.000 SPEAKER_05: and advancing initiatives that support 00:14:50.000 --> 00:14:52.000 SPEAKER_05: our customers, communities, and clean 00:14:52.000 --> 00:14:54.000 SPEAKER_05: energy future. Through our 00:14:54.000 --> 00:14:56.000 SPEAKER_05: participation in Cap2Cap, SMUD 00:14:56.000 --> 00:14:58.000 SPEAKER_05: helped advance regional priorities 00:14:58.000 --> 00:15:00.000 SPEAKER_05: related to zero carbon, cleaner 00:15:00.000 --> 00:15:02.000 SPEAKER_05: air, workforce development, and 00:15:02.000 --> 00:15:04.000 SPEAKER_05: inclusive economic growth. The program 00:15:04.000 --> 00:15:06.000 SPEAKER_05: also strengthened relationships with 00:15:06.000 --> 00:15:08.000 SPEAKER_05: business leaders, community partners, 00:15:08.000 --> 00:15:10.000 SPEAKER_05: and elected officials across the region. 00:15:10.000 --> 00:15:12.000 SPEAKER_05: We also continue to lead 00:15:12.000 --> 00:15:14.000 SPEAKER_05: SMUD's Business Advisory Council, 00:15:14.000 --> 00:15:16.000 SPEAKER_05: those are such wonderful events. 00:15:16.000 --> 00:15:18.000 SPEAKER_05: They bring together our business organizations 00:15:18.000 --> 00:15:20.000 SPEAKER_05: throughout the year to share information, 00:15:20.000 --> 00:15:22.000 SPEAKER_05: strengthen partnerships, and connect 00:15:22.000 --> 00:15:24.000 SPEAKER_05: stakeholders to programs, incentives, 00:15:24.000 --> 00:15:26.000 SPEAKER_05: and contracting opportunities. 00:15:26.000 --> 00:15:28.000 SPEAKER_05: And really talk about SMUD's 00:15:28.000 --> 00:15:30.000 SPEAKER_05: clean energy goals. SMUD 00:15:30.000 --> 00:15:32.000 SPEAKER_05: remained a key partner in the region's 00:15:32.000 --> 00:15:34.000 SPEAKER_05: implementation of the California Jobs First 00:15:34.000 --> 00:15:36.000 SPEAKER_05: initiatives, locally known as 00:15:36.000 --> 00:15:38.000 SPEAKER_05: We Prosper Together. Through our 00:15:38.000 --> 00:15:40.000 SPEAKER_05: leadership, council role, and active 00:15:40.000 --> 00:15:42.000 SPEAKER_05: participation in regional and sub-regional 00:15:42.000 --> 00:15:44.000 SPEAKER_05: planning efforts, we help guide investment 00:15:44.000 --> 00:15:46.000 SPEAKER_05: strategies designed to create 00:15:46.000 --> 00:15:48.000 SPEAKER_05: quality jobs, attract investment, 00:15:48.000 --> 00:15:50.000 SPEAKER_05: and expand economic opportunity 00:15:50.000 --> 00:15:52.000 SPEAKER_05: across the eight county region. 00:15:52.000 --> 00:15:54.000 Unknown: Our partnership with the Greater Sacramento 00:15:54.000 --> 00:15:56.000 SPEAKER_05: Economic Council, GSEK, 00:15:56.000 --> 00:15:58.000 Unknown: continued to strengthen the region's 00:15:58.000 --> 00:16:00.000 SPEAKER_05: competitiveness as companies explore 00:16:00.000 --> 00:16:02.000 SPEAKER_05: relocation and expansion opportunities. 00:16:02.000 --> 00:16:04.000 SPEAKER_05: They're really looking for access 00:16:04.000 --> 00:16:06.000 SPEAKER_05: to reliable, affordable, and 00:16:06.000 --> 00:16:08.000 SPEAKER_05: clean energy solutions. 00:16:08.000 --> 00:16:10.000 SPEAKER_05: And that really puts Sacramento at the 00:16:10.000 --> 00:16:12.000 SPEAKER_05: forefront. We are in the running, right? 00:16:12.000 --> 00:16:14.000 SPEAKER_05: That's one of our strongest 00:16:14.000 --> 00:16:16.000 SPEAKER_05: advantages. And we're a central part 00:16:16.000 --> 00:16:18.000 SPEAKER_05: of those conversations. 00:16:18.000 --> 00:16:20.000 Unknown: At the neighborhood level, SMUD partnered with 00:16:20.000 --> 00:16:22.000 SPEAKER_05: 14 property and business 00:16:22.000 --> 00:16:24.000 SPEAKER_05: improvement districts, or PBIDS, 00:16:24.000 --> 00:16:26.000 SPEAKER_05: and participated in 69 outreach 00:16:26.000 --> 00:16:28.000 SPEAKER_05: events, helping local businesses 00:16:28.000 --> 00:16:30.000 Unknown: access electrification solutions, 00:16:30.000 --> 00:16:32.000 SPEAKER_05: incentives, and energy-saving opportunities. 00:16:32.000 --> 00:16:34.000 SPEAKER_05: These efforts contributed 00:16:34.000 --> 00:16:36.000 SPEAKER_05: to the approval of 13 business 00:16:36.000 --> 00:16:38.000 SPEAKER_05: district electrification projects 00:16:38.000 --> 00:16:40.000 SPEAKER_05: and 25 electrification measures, 00:16:40.000 --> 00:16:42.000 SPEAKER_05: supporting both economic 00:16:42.000 --> 00:16:44.000 SPEAKER_05: vitality and progress toward our clean 00:16:44.000 --> 00:16:46.000 SPEAKER_05: energy goals. And I'll be back next week 00:16:46.000 --> 00:16:48.000 SPEAKER_05: to talk a little bit more about that. 00:16:48.000 --> 00:16:50.000 Unknown: SMUD also aligned its 00:16:50.000 --> 00:16:52.000 SPEAKER_05: grant strategy with regional economic 00:16:52.000 --> 00:16:54.000 SPEAKER_05: development priorities, pursuing external 00:16:54.000 --> 00:16:56.000 SPEAKER_05: funding to advance innovation, 00:16:56.000 --> 00:16:58.000 SPEAKER_05: infrastructure, and strategic partnerships. 00:16:58.000 --> 00:17:00.000 SPEAKER_05: This approach allows us to 00:17:00.000 --> 00:17:02.000 SPEAKER_05: bring additional resources into our region, 00:17:02.000 --> 00:17:04.000 SPEAKER_05: accelerate important projects, 00:17:04.000 --> 00:17:06.000 SPEAKER_05: and help maintain 00:17:06.000 --> 00:17:08.000 SPEAKER_05: affordable affordability for our customers. 00:17:08.000 --> 00:17:10.000 SPEAKER_05: And in 2025, SMUD secured 00:17:10.000 --> 00:17:12.000 SPEAKER_05: $27.4 million 00:17:12.000 --> 00:17:14.000 SPEAKER_05: in grant funding with an average 00:17:14.000 --> 00:17:16.000 SPEAKER_05: grant match of 63%, 00:17:16.000 --> 00:17:18.000 SPEAKER_05: significantly expanding the impact 00:17:18.000 --> 00:17:20.000 SPEAKER_05: of our investments. We also provided 00:17:20.000 --> 00:17:22.000 SPEAKER_05: 23 letters of support 00:17:22.000 --> 00:17:24.000 Unknown: and commitment for regional organizations 00:17:24.000 --> 00:17:26.000 SPEAKER_05: and businesses, helping strengthen 00:17:26.000 --> 00:17:28.000 SPEAKER_05: their applications, representing 00:17:28.000 --> 00:17:30.000 SPEAKER_05: approximately $17 million 00:17:30.000 --> 00:17:32.000 SPEAKER_05: in potential funding opportunities. 00:17:32.000 --> 00:17:34.000 SPEAKER_05: So economic development, we're busy, let me just say that. 00:17:34.000 --> 00:17:36.000 SPEAKER_05: But economic development is 00:17:36.000 --> 00:17:38.000 SPEAKER_05: most effective when organizations align 00:17:38.000 --> 00:17:40.000 SPEAKER_05: around shared priorities. 00:17:40.000 --> 00:17:42.000 SPEAKER_05: By leveraging partnerships, attracting 00:17:42.000 --> 00:17:44.000 SPEAKER_05: outside resources, and helping 00:17:44.000 --> 00:17:46.000 SPEAKER_05: shape regional strategies, SMUD 00:17:46.000 --> 00:17:48.000 SPEAKER_05: continues to strengthen both the economy 00:17:48.000 --> 00:17:50.000 SPEAKER_05: and the communities we serve. 00:17:50.000 --> 00:17:52.000 Unknown: Okay, so let's 00:17:52.000 --> 00:17:54.000 SPEAKER_05: talk a little bit about our work in 00:17:54.000 --> 00:17:56.000 SPEAKER_05: Area C, retaining, recruiting, 00:17:56.000 --> 00:17:58.000 SPEAKER_05: and growing. Business attraction remains 00:17:58.000 --> 00:18:00.000 SPEAKER_05: a core component of SMUD's economic 00:18:00.000 --> 00:18:02.000 SPEAKER_05: development strategy, and our role 00:18:02.000 --> 00:18:04.000 SPEAKER_05: continues to grow as companies increasingly 00:18:04.000 --> 00:18:06.000 SPEAKER_05: view access, as I mentioned before, 00:18:06.000 --> 00:18:08.000 SPEAKER_05: to reliable, affordable, and 00:18:08.000 --> 00:18:10.000 SPEAKER_05: clean energy. Right? That's a competitive 00:18:10.000 --> 00:18:12.000 SPEAKER_05: advantage. Working alongside 00:18:12.000 --> 00:18:14.000 SPEAKER_05: regional partners, SMUD helps 00:18:14.000 --> 00:18:16.000 SPEAKER_05: attract new investment, support 00:18:16.000 --> 00:18:18.000 SPEAKER_05: business expansion, and strengthen 00:18:18.000 --> 00:18:20.000 SPEAKER_05: the Sacramento region's reputation 00:18:20.000 --> 00:18:22.000 SPEAKER_05: as a place where businesses and communities thrive. 00:18:22.000 --> 00:18:24.000 SPEAKER_05: In 2025, 00:18:24.000 --> 00:18:26.000 SPEAKER_05: continued implementation of our regional 00:18:26.000 --> 00:18:28.000 SPEAKER_05: workforce development efforts, helping 00:18:28.000 --> 00:18:30.000 SPEAKER_05: prepare residents for clean energy 00:18:30.000 --> 00:18:32.000 SPEAKER_05: and other high demand careers, was 00:18:32.000 --> 00:18:34.000 SPEAKER_05: a really big highlight. Through those 00:18:34.000 --> 00:18:36.000 SPEAKER_05: efforts, 4,041 individuals 00:18:36.000 --> 00:18:38.000 SPEAKER_05: received training opportunities, 00:18:38.000 --> 00:18:40.000 SPEAKER_05: creating pathways to economic 00:18:40.000 --> 00:18:42.000 SPEAKER_05: mobility, by helping meet the 00:18:42.000 --> 00:18:44.000 SPEAKER_05: workforce needs of regional employers. 00:18:44.000 --> 00:18:46.000 SPEAKER_05: SMUD also supported the creation of an 00:18:46.000 --> 00:18:48.000 SPEAKER_05: estimated 987 jobs 00:18:48.000 --> 00:18:50.000 SPEAKER_05: across key sectors, 00:18:50.000 --> 00:18:52.000 SPEAKER_05: including advanced manufacturing, 00:18:52.000 --> 00:18:54.000 Unknown: clean technology, agriculture, 00:18:54.000 --> 00:18:56.000 SPEAKER_05: and mobility. Our 00:18:56.000 --> 00:18:58.000 SPEAKER_05: business attraction and expansion efforts 00:18:58.000 --> 00:19:00.000 SPEAKER_05: contribute to the support of 16 00:19:00.000 --> 00:19:02.000 SPEAKER_05: company attraction or expansion projects, 00:19:02.000 --> 00:19:04.000 SPEAKER_05: while staff engaged with an additional 00:19:04.000 --> 00:19:06.000 SPEAKER_05: 152 commercial, industrial, 00:19:06.000 --> 00:19:08.000 SPEAKER_05: mixed use, and residential 00:19:08.000 --> 00:19:10.000 SPEAKER_05: development projects throughout 00:19:10.000 --> 00:19:12.000 SPEAKER_05: the service territory. And at 00:19:12.000 --> 00:19:14.000 SPEAKER_05: the community level, SMUD continued 00:19:14.000 --> 00:19:16.000 SPEAKER_05: connecting directly with business owners through 00:19:16.000 --> 00:19:18.000 SPEAKER_05: business walks, workshops, 00:19:18.000 --> 00:19:20.000 SPEAKER_05: and neighborhood partnerships, sharing information 00:19:20.000 --> 00:19:22.000 SPEAKER_05: about electrification opportunities, 00:19:22.000 --> 00:19:24.000 SPEAKER_05: incentives, and available resources. 00:19:24.000 --> 00:19:26.000 SPEAKER_05: These outreach efforts helped 00:19:26.000 --> 00:19:28.000 SPEAKER_05: initiate 79 customer 00:19:28.000 --> 00:19:30.000 SPEAKER_05: incentive program funded business 00:19:30.000 --> 00:19:32.000 SPEAKER_05: electrification projects, 00:19:32.000 --> 00:19:34.000 SPEAKER_05: supporting both local economic 00:19:34.000 --> 00:19:36.000 SPEAKER_05: growth and our clean energy goals. 00:19:36.000 --> 00:19:38.000 SPEAKER_05: Together, these efforts help strengthen 00:19:38.000 --> 00:19:40.000 SPEAKER_05: the region's workforce pipeline, 00:19:40.000 --> 00:19:42.000 Unknown: attract business investment, support 00:19:42.000 --> 00:19:44.000 SPEAKER_05: job creation, and advance 00:19:44.000 --> 00:19:46.000 SPEAKER_05: our electrification projects, all in 00:19:46.000 --> 00:19:48.000 SPEAKER_05: benefit of our businesses and community 00:19:48.000 --> 00:19:50.000 SPEAKER_05: for the years to come. 00:19:50.000 --> 00:19:52.000 Unknown: All right. 00:19:52.000 --> 00:19:54.000 SPEAKER_05: Section D, a little word about our economic 00:19:54.000 --> 00:19:56.000 SPEAKER_05: development rights and incentives. 00:19:56.000 --> 00:19:58.000 SPEAKER_05: SMUD's economic incentives help businesses 00:19:58.000 --> 00:20:00.000 SPEAKER_05: invest and expand and 00:20:00.000 --> 00:20:02.000 SPEAKER_05: modernize while supporting 00:20:02.000 --> 00:20:04.000 SPEAKER_05: regional economic growth and maintaining 00:20:04.000 --> 00:20:06.000 SPEAKER_05: affordability. Through a combination 00:20:06.000 --> 00:20:08.000 SPEAKER_05: of financial incentives, technical expertise, 00:20:08.000 --> 00:20:10.000 SPEAKER_05: and customized support, we 00:20:10.000 --> 00:20:12.000 SPEAKER_05: help customers implement energy efficient 00:20:12.000 --> 00:20:14.000 SPEAKER_05: technologies and electrification solutions 00:20:14.000 --> 00:20:16.000 SPEAKER_05: that reduce operating costs 00:20:16.000 --> 00:20:18.000 SPEAKER_05: and improve long-term performance. 00:20:18.000 --> 00:20:20.000 SPEAKER_05: In 2025, SMUD invested nearly 00:20:20.000 --> 00:20:22.000 SPEAKER_05: $13 million in commercial 00:20:22.000 --> 00:20:24.000 SPEAKER_05: incentives, supporting projects 00:20:24.000 --> 00:20:26.000 SPEAKER_05: that included heat pump heating and cooling 00:20:26.000 --> 00:20:28.000 SPEAKER_05: systems, water heating, 00:20:28.000 --> 00:20:30.000 Unknown: kitchen electrification, and transportation 00:20:30.000 --> 00:20:32.000 SPEAKER_05: electrification. These investments 00:20:32.000 --> 00:20:34.000 SPEAKER_05: supported 469 commercial 00:20:34.000 --> 00:20:36.000 SPEAKER_05: projects across our service territory. 00:20:36.000 --> 00:20:38.000 SPEAKER_05: Beyond reducing energy use, 00:20:38.000 --> 00:20:40.000 SPEAKER_05: these projects help business owners 00:20:40.000 --> 00:20:42.000 SPEAKER_05: lower their operating costs, improve 00:20:42.000 --> 00:20:44.000 SPEAKER_05: their facility performance, and position 00:20:44.000 --> 00:20:46.000 SPEAKER_05: themselves for success in an 00:20:46.000 --> 00:20:48.000 SPEAKER_05: increasingly electrified economy. 00:20:48.000 --> 00:20:50.000 SPEAKER_05: All right. 00:20:51.000 --> 00:20:53.000 Unknown: I'm excited about this slide. 00:20:53.000 --> 00:20:56.000 SPEAKER_05: Just take a minute here. The team knows why. 00:20:56.000 --> 00:20:58.000 Unknown: This is Area E, 00:20:58.000 --> 00:21:00.000 SPEAKER_05: our work in certified small business 00:21:00.000 --> 00:21:02.000 SPEAKER_05: contracting. So SMUD's 00:21:02.000 --> 00:21:04.000 SPEAKER_05: Supplier Education and Economic Development, 00:21:04.000 --> 00:21:06.000 SPEAKER_05: or SEED, program as we call it, 00:21:06.000 --> 00:21:08.000 SPEAKER_05: helps local small businesses compete 00:21:08.000 --> 00:21:10.000 SPEAKER_05: for contracting opportunities while 00:21:10.000 --> 00:21:12.000 SPEAKER_05: supporting supplier diversity and 00:21:12.000 --> 00:21:14.000 SPEAKER_05: regional economic growth. The 00:21:14.000 --> 00:21:16.000 SPEAKER_05: program provides bid incentives for 00:21:16.000 --> 00:21:18.000 SPEAKER_05: eligible local businesses and helps 00:21:18.000 --> 00:21:20.000 SPEAKER_05: connect prime contractors with 00:21:20.000 --> 00:21:22.000 SPEAKER_05: qualified local subcontractors, 00:21:22.000 --> 00:21:24.000 SPEAKER_05: creating more opportunities 00:21:24.000 --> 00:21:26.000 SPEAKER_05: for small businesses to participate 00:21:26.000 --> 00:21:28.000 SPEAKER_05: in SMUD projects. 00:21:28.000 --> 00:21:30.000 SPEAKER_05: A major milestone in 2025 00:21:30.000 --> 00:21:32.000 SPEAKER_05: was the implementation 00:21:32.000 --> 00:21:34.000 SPEAKER_05: of PlanetBids. It seems small, 00:21:34.000 --> 00:21:36.000 SPEAKER_05: but it's big, y'all, which really 00:21:36.000 --> 00:21:38.000 SPEAKER_05: integrated our SEED vendors directly 00:21:38.000 --> 00:21:40.000 SPEAKER_05: into SMUD's procurement platform. 00:21:40.000 --> 00:21:42.000 SPEAKER_05: This enhancement gives prime contractors 00:21:42.000 --> 00:21:44.000 SPEAKER_05: real-time access to SEED-certified 00:21:44.000 --> 00:21:46.000 SPEAKER_05: vendors, making it easy to identify 00:21:46.000 --> 00:21:48.000 SPEAKER_05: potential subcontractors, 00:21:48.000 --> 00:21:50.000 SPEAKER_05: build partnerships, and develop 00:21:50.000 --> 00:21:52.000 SPEAKER_05: competitive proposals. The new 00:21:52.000 --> 00:21:54.000 SPEAKER_05: system also eliminated a manual process. 00:21:54.000 --> 00:21:56.000 SPEAKER_05: Thank y'all so much for so long. 00:21:56.000 --> 00:21:58.000 SPEAKER_05: Previously managed by staff, 00:21:58.000 --> 00:22:00.000 SPEAKER_05: creating a more efficient and user-friendly 00:22:00.000 --> 00:22:02.000 SPEAKER_05: experience for both prime contractors 00:22:02.000 --> 00:22:04.000 SPEAKER_05: and small businesses. 00:22:04.000 --> 00:22:06.000 SPEAKER_05: Most importantly, the improved customer 00:22:06.000 --> 00:22:08.000 SPEAKER_05: experience is driving results. We are 00:22:08.000 --> 00:22:10.000 SPEAKER_05: seeing increased vendor engagement, 00:22:10.000 --> 00:22:12.000 SPEAKER_05: stronger participation in workshops, 00:22:12.000 --> 00:22:14.000 SPEAKER_05: and pre-bid events, and more bidders 00:22:14.000 --> 00:22:16.000 SPEAKER_05: competing for SMUD solicitations. 00:22:16.000 --> 00:22:18.000 SPEAKER_05: The PlanetBids implementation represents 00:22:18.000 --> 00:22:20.000 SPEAKER_05: more than just a technology upgrade. 00:22:20.000 --> 00:22:22.000 Unknown: It's a business process improvement 00:22:22.000 --> 00:22:24.000 Unknown: that expands access, strengthens 00:22:24.000 --> 00:22:26.000 SPEAKER_05: supplier participation, 00:22:26.000 --> 00:22:28.000 SPEAKER_05: and makes it easier for local businesses 00:22:28.000 --> 00:22:30.000 SPEAKER_05: to compete for SMUD contracting 00:22:30.000 --> 00:22:32.000 SPEAKER_05: opportunities. I also want to give a huge 00:22:32.000 --> 00:22:34.000 SPEAKER_05: shout-out to our SMUD procurement staff, 00:22:34.000 --> 00:22:36.000 SPEAKER_05: who was a very important partner 00:22:36.000 --> 00:22:38.000 SPEAKER_05: in helping us bring PlanetBids to life. 00:22:40.000 --> 00:22:42.000 Unknown: Right, just a little bit 00:22:42.000 --> 00:22:44.000 SPEAKER_05: more around SEED, looking 00:22:44.000 --> 00:22:46.000 SPEAKER_05: at SEED by numbers. In 00:22:46.000 --> 00:22:48.000 SPEAKER_05: 2025, SMUD awarded 00:22:48.000 --> 00:22:50.000 SPEAKER_05: 31.6% of eligible 00:22:50.000 --> 00:22:52.000 SPEAKER_05: contract dollars to SEED-certified 00:22:52.000 --> 00:22:54.000 SPEAKER_05: small businesses, significantly 00:22:54.000 --> 00:22:56.000 SPEAKER_05: exceeding the board-established 00:22:56.000 --> 00:22:58.000 SPEAKER_05: goal of 20%. The SEED 00:22:58.000 --> 00:23:00.000 SPEAKER_05: program continues to be one of SMUD's 00:23:00.000 --> 00:23:02.000 SPEAKER_05: most impactful tools for expanding 00:23:02.000 --> 00:23:04.000 SPEAKER_05: economic opportunity and supporting 00:23:04.000 --> 00:23:06.000 SPEAKER_05: local small businesses. A 00:23:06.000 --> 00:23:08.000 SPEAKER_05: total of 109 SEED contracts 00:23:08.000 --> 00:23:10.000 SPEAKER_05: were awarded, representing more than 00:23:10.000 --> 00:23:12.000 SPEAKER_05: $97 million in contract 00:23:12.000 --> 00:23:14.000 SPEAKER_05: opportunities. And despite the 00:23:14.000 --> 00:23:16.000 SPEAKER_05: significant effort required 00:23:16.000 --> 00:23:18.000 SPEAKER_05: to transition us into 00:23:18.000 --> 00:23:20.000 SPEAKER_05: PlanetBids, SEED participation 00:23:20.000 --> 00:23:22.000 SPEAKER_05: continued to grow, reaching 906 00:23:22.000 --> 00:23:24.000 SPEAKER_05: certified vendors, a 00:23:24.000 --> 00:23:26.000 SPEAKER_05: net increase of 36 businesses. 00:23:26.000 --> 00:23:28.000 SPEAKER_05: Today, SEED vendors represent 00:23:28.000 --> 00:23:30.000 SPEAKER_05: 54% of all California 00:23:30.000 --> 00:23:32.000 SPEAKER_05: certified small businesses in the Sacramento 00:23:32.000 --> 00:23:34.000 SPEAKER_05: region, demonstrating the program's 00:23:34.000 --> 00:23:36.000 SPEAKER_05: strong reach and regional 00:23:36.000 --> 00:23:38.000 SPEAKER_05: impact. And just a few of 00:23:38.000 --> 00:23:40.000 SPEAKER_05: the key activities that happened last year related 00:23:40.000 --> 00:23:42.000 SPEAKER_05: to SEED. We had the 14th 00:23:42.000 --> 00:23:44.000 SPEAKER_05: annual Meet the Buyers conference 00:23:44.000 --> 00:23:46.000 Unknown: and it's the place to be this month. 00:23:46.000 --> 00:23:48.000 SPEAKER_05: We are gearing up for 2026. 00:23:48.000 --> 00:23:50.000 SPEAKER_05: But in our 00:23:50.000 --> 00:23:52.000 SPEAKER_05: 2025 conference, we 00:23:52.000 --> 00:23:54.000 SPEAKER_05: had 328 attendees 00:23:54.000 --> 00:23:56.000 SPEAKER_05: through both in-person and virtual 00:23:56.000 --> 00:23:58.000 SPEAKER_05: participation, 25 00:23:58.000 --> 00:24:00.000 SPEAKER_05: business walks that connected SMUD directly 00:24:00.000 --> 00:24:02.000 SPEAKER_05: with more than 1,300 businesses, 00:24:02.000 --> 00:24:04.000 Unknown: helping identify barriers, build 00:24:04.000 --> 00:24:06.000 SPEAKER_05: trust, increase awareness of both 00:24:06.000 --> 00:24:08.000 SPEAKER_05: speed and electrification opportunities. 00:24:08.000 --> 00:24:10.000 Unknown: We expanded certification 00:24:10.000 --> 00:24:12.000 SPEAKER_05: and business readiness support 00:24:12.000 --> 00:24:14.000 SPEAKER_05: that reached more than 800 local vendors. 00:24:14.000 --> 00:24:16.000 Unknown: So overall, SMUD and its partners 00:24:16.000 --> 00:24:18.000 SPEAKER_05: delivered 384 outreach 00:24:18.000 --> 00:24:20.000 SPEAKER_05: and engagement events and recorded 00:24:20.000 --> 00:24:22.000 SPEAKER_05: more than 42,000 business touches, 00:24:22.000 --> 00:24:24.000 SPEAKER_05: representing a 32% increase 00:24:24.000 --> 00:24:26.000 SPEAKER_05: over 2024. 00:24:26.000 --> 00:24:28.000 SPEAKER_05: Quick success story, Taylor 00:24:28.000 --> 00:24:30.000 SPEAKER_05: made traffic services. I don't know if folks are familiar 00:24:30.000 --> 00:24:32.000 SPEAKER_05: with them, but they're a small 00:24:32.000 --> 00:24:34.000 SPEAKER_05: family-owned business, micro business in the Del Paso 00:24:34.000 --> 00:24:36.000 SPEAKER_05: area, and they really 00:24:36.000 --> 00:24:38.000 SPEAKER_05: represent the power of our SEED ecosystem. 00:24:38.000 --> 00:24:40.000 SPEAKER_05: They first were introduced to SMUD 00:24:40.000 --> 00:24:42.000 Unknown: through local business 00:24:42.000 --> 00:24:44.000 SPEAKER_05: district partnership. They participated 00:24:44.000 --> 00:24:46.000 SPEAKER_05: in some of our SEED 00:24:46.000 --> 00:24:48.000 SPEAKER_05: workshops, our Meet the Buyer events 00:24:48.000 --> 00:24:50.000 SPEAKER_05: program, other partner programs, 00:24:50.000 --> 00:24:52.000 SPEAKER_05: and through those connections, the business 00:24:52.000 --> 00:24:54.000 SPEAKER_05: was matched with an established 00:24:54.000 --> 00:24:56.000 SPEAKER_05: SEED contractor that 00:24:56.000 --> 00:24:58.000 SPEAKER_05: provided mentorship and guidance to 00:24:58.000 --> 00:25:00.000 SPEAKER_05: them and proud to say that 00:25:00.000 --> 00:25:02.000 SPEAKER_05: Taylor made, secured its first SMUD 00:25:02.000 --> 00:25:04.000 SPEAKER_05: subcontract in 2025. 00:25:06.000 --> 00:25:08.000 Unknown: Super excited about that. 00:25:08.000 --> 00:25:10.000 Unknown: Okay, so, I've 00:25:10.000 --> 00:25:12.000 SPEAKER_05: come to the end. We are 00:25:12.000 --> 00:25:14.000 SPEAKER_05: proud of our 00:25:14.000 --> 00:25:16.000 SPEAKER_05: work, what our team has accomplished 00:25:16.000 --> 00:25:18.000 SPEAKER_05: collectively in partnership with our region 00:25:18.000 --> 00:25:20.000 SPEAKER_05: in 2025 00:25:20.000 --> 00:25:22.000 SPEAKER_05: across innovation, regional partnerships, 00:25:22.000 --> 00:25:24.000 SPEAKER_05: business attraction incentives, 00:25:24.000 --> 00:25:26.000 SPEAKER_05: workforce development, and 00:25:26.000 --> 00:25:28.000 SPEAKER_05: small business contracting. 00:25:28.000 --> 00:25:30.000 SPEAKER_05: We've continued to advance SMUD's mission 00:25:30.000 --> 00:25:32.000 SPEAKER_05: while strengthening the economic 00:25:32.000 --> 00:25:34.000 SPEAKER_05: vitality of the Sacramento region. 00:25:34.000 --> 00:25:36.000 Unknown: Through these results, 00:25:36.000 --> 00:25:38.000 SPEAKER_05: we feel like we are meeting and in many cases 00:25:38.000 --> 00:25:40.000 SPEAKER_05: exceeding the expectations 00:25:40.000 --> 00:25:42.000 SPEAKER_05: outlined in Strategic Direction 13. 00:25:42.000 --> 00:25:44.000 SPEAKER_05: And with that, we respectfully 00:25:44.000 --> 00:25:46.000 SPEAKER_05: request that the Board accepts 00:25:46.000 --> 00:25:48.000 SPEAKER_05: the SE-13 Monitoring report. 00:25:48.000 --> 00:25:50.000 Unknown: Thank you, and 00:25:50.000 --> 00:25:52.000 SPEAKER_05: happy to answer any questions. 00:25:52.000 --> 00:25:54.000 SPEAKER_04: Thank you, Dr. Webster. 00:25:54.000 --> 00:25:56.000 SPEAKER_04: And before we 00:25:56.000 --> 00:25:58.000 SPEAKER_04: go on to the questions, I just want to say 00:25:58.000 --> 00:26:00.000 SPEAKER_04: your presentation was very 00:26:00.000 --> 00:26:02.000 SPEAKER_04: engaging. I love all the colors 00:26:02.000 --> 00:26:04.000 SPEAKER_04: and the symbols and 00:26:04.000 --> 00:26:08.000 SPEAKER_04: bravo, whoever put that together. 00:26:08.000 --> 00:26:10.000 SPEAKER_04: And I also want to thank 00:26:10.000 --> 00:26:12.000 SPEAKER_04: all of the economic development 00:26:12.000 --> 00:26:14.000 SPEAKER_04: staff who 00:26:14.000 --> 00:26:16.000 SPEAKER_04: are with me and 00:26:16.000 --> 00:26:18.000 SPEAKER_04: the rest of us in the community 00:26:18.000 --> 00:26:20.000 SPEAKER_04: and make sure we have our 00:26:20.000 --> 00:26:22.000 SPEAKER_04: notes and 00:26:22.000 --> 00:26:24.000 SPEAKER_04: we're prepared for 00:26:24.000 --> 00:26:26.000 SPEAKER_04: what we have to do. 00:26:26.000 --> 00:26:28.000 SPEAKER_04: You guys do a really great job. 00:26:28.000 --> 00:26:30.000 SPEAKER_04: So thank you. 00:26:30.000 --> 00:26:32.000 SPEAKER_04: Do we have any questions? 00:26:34.000 --> 00:26:36.000 Unknown: Yes, Director Fishman. 00:26:36.000 --> 00:26:38.000 SPEAKER_03: This is all great, Markeisha, but what have you 00:26:38.000 --> 00:26:40.000 SPEAKER_03: done for us lately? 00:26:40.000 --> 00:26:42.000 SPEAKER_03: Well, I'll be back 00:26:42.000 --> 00:26:44.000 SPEAKER_05: up here next week to talk about a little bit more. 00:26:44.000 --> 00:26:46.000 SPEAKER_05: I just 00:26:46.000 --> 00:26:48.000 SPEAKER_05: want to echo Chair Herberg. 00:26:48.000 --> 00:26:50.000 SPEAKER_03: Just great work. 00:26:50.000 --> 00:26:52.000 SPEAKER_03: And I think especially 00:26:52.000 --> 00:26:54.000 SPEAKER_03: SMUD's role in the community as a convener 00:26:54.000 --> 00:26:56.000 SPEAKER_03: when there is an issue that affects us 00:26:56.000 --> 00:26:58.000 SPEAKER_03: that also affects other people 00:26:58.000 --> 00:27:00.000 SPEAKER_03: for us to say let's get together 00:27:00.000 --> 00:27:02.000 SPEAKER_03: and figure this out or let's get together and collaborate 00:27:02.000 --> 00:27:04.000 SPEAKER_03: somehow. Even if it's not an issue, 00:27:04.000 --> 00:27:06.000 SPEAKER_03: if it's not a problem to solve, even if it's just something 00:27:06.000 --> 00:27:08.000 SPEAKER_03: we can do together, I think that's a really 00:27:08.000 --> 00:27:10.000 SPEAKER_03: important place for us to be. 00:27:10.000 --> 00:27:12.000 SPEAKER_05: Thank you so much for that. 00:27:16.000 --> 00:27:18.000 Unknown: Thank you, Dr. Webster. 00:27:18.000 --> 00:27:20.000 SPEAKER_02: And thanks to all the 00:27:20.000 --> 00:27:22.000 SPEAKER_02: staff behind all this great work. 00:27:22.000 --> 00:27:24.000 SPEAKER_02: I just wanted to point out that 00:27:24.000 --> 00:27:30.000 SPEAKER_02: when I'm out in the community with so many of our partners, 00:27:30.000 --> 00:27:32.000 SPEAKER_02: what's going on? 00:27:32.000 --> 00:27:34.000 SPEAKER_02: There's an echo here. 00:27:34.000 --> 00:27:36.000 SPEAKER_02: Okay. Yeah. 00:27:36.000 --> 00:27:38.000 Unknown: Should we try and fix that before I keep... 00:27:38.000 --> 00:27:52.000 Unknown: I guess I broke the mic. 00:27:52.000 --> 00:27:54.000 Unknown: I could see you were looking weird at me and it sounded a little 00:27:54.000 --> 00:27:56.000 SPEAKER_02: odd, but I wasn't sure. 00:27:56.000 --> 00:27:58.000 SPEAKER_02: I better shut up. 00:27:58.000 --> 00:28:00.000 SPEAKER_02: Okay. 00:28:00.000 --> 00:28:02.000 SPEAKER_02: So I didn't get the message. 00:28:02.000 --> 00:28:04.000 SPEAKER_02: I'm going to keep talking. 00:28:04.000 --> 00:28:06.000 SPEAKER_02: But so, you know, being out in the community, 00:28:06.000 --> 00:28:08.000 SPEAKER_02: I know all the rest of the board members are out there, 00:28:08.000 --> 00:28:14.000 SPEAKER_02: but it's really noticeable, you know, the great work that all 00:28:14.000 --> 00:28:20.000 SPEAKER_02: of you guys are doing out there and you're, for a significant 00:28:20.000 --> 00:28:24.000 SPEAKER_02: part of what's being reported on here, you guys are the face 00:28:24.000 --> 00:28:28.000 SPEAKER_02: out in the community, but you're also doing a lot of the work 00:28:28.000 --> 00:28:32.000 SPEAKER_02: that's really helping us be successful at achieving all of 00:28:32.000 --> 00:28:34.000 SPEAKER_02: these things. 00:28:34.000 --> 00:28:39.000 SPEAKER_02: I hear so many great things about every one of you, you 00:28:39.000 --> 00:28:44.000 SPEAKER_02: know, and how you work with our various partners out there. 00:28:44.000 --> 00:28:49.000 SPEAKER_02: So it's your great work and, you know, you personally are doing 00:28:49.000 --> 00:28:53.000 SPEAKER_02: such a great job out there that it really serves the community 00:28:53.000 --> 00:28:56.000 SPEAKER_02: and serves our organization really well. 00:28:56.000 --> 00:28:58.000 SPEAKER_02: So thank you very much. 00:28:58.000 --> 00:29:00.000 Unknown: Thank you. 00:29:00.000 --> 00:29:02.000 Unknown: Yeah. 00:29:02.000 --> 00:29:04.000 SPEAKER_07: I can't miss an opportunity to thank our team that's always 00:29:04.000 --> 00:29:07.000 SPEAKER_07: out with us and doing all the great work and leading the cap 00:29:07.000 --> 00:29:11.000 SPEAKER_07: to cap and leading your leaders and the community loves you. 00:29:11.000 --> 00:29:15.000 SPEAKER_07: Everywhere we go, your names come up and then, of course, 00:29:15.000 --> 00:29:18.000 SPEAKER_07: it's just taking care of us and keeping us together, which is 00:29:18.000 --> 00:29:20.000 SPEAKER_07: always a full-time job. 00:29:20.000 --> 00:29:23.000 SPEAKER_07: But I also am really thrilled with the numbers on SEED and 00:29:23.000 --> 00:29:25.000 SPEAKER_07: keeping the money in this community. 00:29:25.000 --> 00:29:29.000 SPEAKER_07: That's how we're going to thrive and we are a community-owned 00:29:29.000 --> 00:29:31.000 SPEAKER_07: utility, so to me, keeping the money here and contracting with 00:29:31.000 --> 00:29:34.000 SPEAKER_07: our local businesses is really, really important. 00:29:34.000 --> 00:29:38.000 SPEAKER_07: And then supporting the people like HumanBolve and our 00:29:38.000 --> 00:29:41.000 SPEAKER_07: organizations like HumanBolve and Clean Start that are out 00:29:41.000 --> 00:29:44.000 SPEAKER_07: there recruiting and developing the next generation of business 00:29:44.000 --> 00:29:47.000 SPEAKER_07: leaders, it's just so important and I'm so proud to be on a 00:29:47.000 --> 00:29:49.000 SPEAKER_07: board that supports this. 00:29:49.000 --> 00:29:51.000 SPEAKER_07: So thank you again, Dr. Webster, and to all the staff who do 00:29:51.000 --> 00:29:53.000 SPEAKER_07: all the hard work every day. 00:29:53.000 --> 00:29:56.000 SPEAKER_05: Thank you. 00:29:56.000 --> 00:29:58.000 SPEAKER_11: I want to echo what the rest of the board members have said 00:29:58.000 --> 00:30:00.000 SPEAKER_11: about thanking the staff. 00:30:00.000 --> 00:30:03.000 SPEAKER_11: We see you amongst the most of any of this month's staff out 00:30:03.000 --> 00:30:05.000 SPEAKER_11: there a lot. 00:30:05.000 --> 00:30:08.000 SPEAKER_11: I always appreciate the assistance and the help and the 00:30:08.000 --> 00:30:12.000 SPEAKER_11: extra copy of the speaking notes, et cetera, as well. 00:30:12.000 --> 00:30:15.000 SPEAKER_11: Though they know I always change them. 00:30:15.000 --> 00:30:18.000 SPEAKER_11: I appreciate they're there. 00:30:18.000 --> 00:30:20.000 SPEAKER_11: I do. 00:30:20.000 --> 00:30:23.000 SPEAKER_11: Just a little question, not so much a question, I think it's 00:30:23.000 --> 00:30:26.000 SPEAKER_11: a really good report and I just can't find anything to really 00:30:27.000 --> 00:30:29.000 SPEAKER_11: ask about it and stop you the whole way. 00:30:29.000 --> 00:30:31.000 SPEAKER_11: That worked. 00:30:31.000 --> 00:30:35.000 SPEAKER_11: We do a lot of good work with G-Sec and the local cities and 00:30:35.000 --> 00:30:39.000 SPEAKER_11: our local cities economic developments and so it definitely 00:30:39.000 --> 00:30:42.000 SPEAKER_11: would echo that as well, right? 00:30:42.000 --> 00:30:45.000 SPEAKER_11: We have the Steeda's doing exceptionally well, but we're 00:30:45.000 --> 00:30:49.000 SPEAKER_11: also out there looking for businesses to recruit and bring 00:30:49.000 --> 00:30:53.000 SPEAKER_11: to the area and we are a critical partner in G-Sec and 00:30:53.000 --> 00:30:55.000 SPEAKER_11: that work as well. 00:30:55.000 --> 00:30:57.000 SPEAKER_11: Thank you. 00:30:57.000 --> 00:30:59.000 SPEAKER_04: I concur. 00:30:59.000 --> 00:31:02.000 Unknown: Any other questions or comments? 00:31:02.000 --> 00:31:05.000 Unknown: I did want to ask one question. 00:31:05.000 --> 00:31:12.000 SPEAKER_04: You know, we have an economic development rate and it used to 00:31:12.000 --> 00:31:19.000 SPEAKER_04: be based upon the jobs that were created and we've removed 00:31:19.000 --> 00:31:24.000 SPEAKER_04: that requirement and I'm just wondering what's the logic 00:31:24.000 --> 00:31:27.000 SPEAKER_04: behind doing that? 00:31:27.000 --> 00:31:30.000 SPEAKER_04: Why did we decide to do that? 00:31:30.000 --> 00:31:34.000 SPEAKER_04: You know, we have many people who are, you know, concerned 00:31:34.000 --> 00:31:40.000 SPEAKER_04: about businesses coming in and not really creating a whole lot 00:31:40.000 --> 00:31:45.000 SPEAKER_04: of jobs and getting too much benefit from SMUD so I'm just 00:31:45.000 --> 00:31:50.000 SPEAKER_04: curious on what made us pivot in that area. 00:31:51.000 --> 00:31:58.000 Unknown: And I'm not sure I have an exact answer for you, Director 00:31:58.000 --> 00:32:00.000 SPEAKER_05: O'Brien. 00:32:00.000 --> 00:32:04.000 Unknown: I know what the rate is based on now, but yeah, I don't have 00:32:04.000 --> 00:32:06.000 SPEAKER_05: the history of why we need it. 00:32:06.000 --> 00:32:08.000 SPEAKER_09: Scott Martin, CFO, yeah. 00:32:08.000 --> 00:32:09.000 SPEAKER_09: You're right. 00:32:09.000 --> 00:32:13.000 SPEAKER_09: We used to have very prescriptive measures within 00:32:13.000 --> 00:32:15.000 SPEAKER_09: the economic development rate. 00:32:15.000 --> 00:32:18.000 SPEAKER_09: There was jobs, there was a certain amount of load that was 00:32:18.000 --> 00:32:23.000 SPEAKER_09: going to be added, very sort of prescriptive things. 00:32:23.000 --> 00:32:27.000 SPEAKER_09: What we did instead, because we found those very prescriptive 00:32:27.000 --> 00:32:31.000 SPEAKER_09: things didn't capture sort of all of the potential value that 00:32:31.000 --> 00:32:35.000 SPEAKER_09: a company or an organization may bring to the community, we 00:32:35.000 --> 00:32:40.000 SPEAKER_09: opened it up to allow for the organization to work with the 00:32:40.000 --> 00:32:45.000 SPEAKER_09: local economic development organization, mainly GSEK, 00:32:45.000 --> 00:32:48.000 Unknown: describe all of the community benefits, which could include 00:32:48.000 --> 00:32:52.000 SPEAKER_09: jobs, it could include new revenue for SMUD, it could include 00:32:52.000 --> 00:32:54.000 SPEAKER_09: other investments that the organization may be making in 00:32:54.000 --> 00:32:57.000 SPEAKER_09: the community, it could include tax revenues, it could include 00:32:57.000 --> 00:33:03.000 SPEAKER_09: a host of different values that the organization is going to 00:33:03.000 --> 00:33:09.000 SPEAKER_09: bring to the community and based on that, we would then offer 00:33:09.000 --> 00:33:11.000 SPEAKER_09: the economic development rate. 00:33:11.000 --> 00:33:14.000 SPEAKER_09: So that's kind of how that process now goes. 00:33:14.000 --> 00:33:18.000 SPEAKER_09: So the organization works with GSEK, GSEK writes a letter 00:33:18.000 --> 00:33:22.000 SPEAKER_09: saying these are all the values, we receive that and then apply 00:33:22.000 --> 00:33:26.000 SPEAKER_09: the economic development rate based on those benefits. 00:33:26.000 --> 00:33:30.000 Unknown: Thank you, Scott Martin, I appreciate that. 00:33:30.000 --> 00:33:32.000 SPEAKER_04: Any other comments? 00:33:32.000 --> 00:33:34.000 SPEAKER_04: Very good, thank you. 00:33:34.000 --> 00:33:39.000 SPEAKER_04: Let's now turn to our legal counsel and see if we've received 00:33:39.000 --> 00:33:42.000 SPEAKER_04: any cards for people to speak. 00:33:42.000 --> 00:33:47.000 Unknown: We do not have any cards or comments on virtual attendees at this time. 00:33:47.000 --> 00:33:49.000 SPEAKER_04: Okay, great, thank you. 00:33:49.000 --> 00:33:54.000 SPEAKER_04: So we'll move on to item number two, which is to discuss approving 00:33:54.000 --> 00:34:02.000 SPEAKER_04: proposed revisions to Strategic Direction 14, which is on 00:34:02.000 --> 00:34:11.000 Unknown: system enhancement, and we welcome Amandip Singh, who is the 00:34:11.000 --> 00:34:15.000 SPEAKER_04: Director of Distribution Planning and Operations. 00:34:15.000 --> 00:34:18.000 Unknown: Good evening, everyone, I'm Amandip Singh, I'm the Director of 00:34:18.000 --> 00:34:21.000 SPEAKER_00: Distribution Planning and Operations and tonight I'm here to present 00:34:21.000 --> 00:34:26.000 SPEAKER_00: the 2025 Monitoring Report for SD14 system enhancements. 00:34:26.000 --> 00:34:32.000 Unknown: Just a quick background on SD14, Strategic Direction 14 or the 00:34:32.000 --> 00:34:36.000 SPEAKER_00: system enhancement policy states that SMUD as a community-owned 00:34:36.000 --> 00:34:41.000 SPEAKER_00: utility recognizes that underground placement or relocation of our 00:34:41.000 --> 00:34:45.000 SPEAKER_00: power lines may be desirable to our local jurisdictions to improve 00:34:45.000 --> 00:34:51.000 SPEAKER_00: aesthetics, economic vitality, safety and disabled access. 00:34:51.000 --> 00:34:55.000 SPEAKER_00: Therefore, it is a key value of SMUD to partner with our local 00:34:55.000 --> 00:34:59.000 SPEAKER_00: jurisdictions to make selected distribution system enhancements, 00:34:59.000 --> 00:35:03.000 SPEAKER_00: such as permanent relocation or underground placement of our 00:35:03.000 --> 00:35:07.000 SPEAKER_00: primary power lines below 69 kV. 00:35:07.000 --> 00:35:13.000 Unknown: Some of the key elements of SD14 include, SD14 applies to power lines 00:35:13.000 --> 00:35:18.000 SPEAKER_00: below 69 kV, which means it's applicable to our distribution lines. 00:35:18.000 --> 00:35:22.000 SPEAKER_00: Our distribution lines are primarily 12 kV, but we do have some 21 kV 00:35:22.000 --> 00:35:24.000 SPEAKER_00: in our system as well. 00:35:24.000 --> 00:35:31.000 Unknown: SMUD commits up to 1.5% of annual gross electrical sales revenue for 00:35:32.000 --> 00:35:37.000 SPEAKER_00: SD14 initiatives, pending SMUD meeting its financial targets and the 00:35:37.000 --> 00:35:39.000 SPEAKER_00: annual budget approval process. 00:35:39.000 --> 00:35:43.000 SPEAKER_00: And for 2025, that value was $9.2 million. 00:35:43.000 --> 00:35:49.000 Unknown: Funding is just for the relocation of our underground placement of SMUD 00:35:49.000 --> 00:35:51.000 SPEAKER_00: facilities only. 00:35:51.000 --> 00:35:55.000 SPEAKER_00: And the uncommitted funds from any given year are not carried over to 00:35:55.000 --> 00:35:57.000 SPEAKER_00: future years. 00:35:57.000 --> 00:36:00.000 Unknown: Communication facilities within the project confines must also be 00:36:00.000 --> 00:36:03.000 SPEAKER_00: relocated or placed underground. 00:36:03.000 --> 00:36:07.000 SPEAKER_00: And it's up to the local jurisdiction or the local agency leading the 00:36:07.000 --> 00:36:11.000 SPEAKER_00: project to make those arrangements with the other entities. 00:36:11.000 --> 00:36:16.000 SPEAKER_00: Local agency obtains and provides SMUD with all the necessary easements 00:36:16.000 --> 00:36:18.000 SPEAKER_00: and permits. 00:36:18.000 --> 00:36:21.000 SPEAKER_00: Typically, the local agency, like I said, is the lead agency, and we 00:36:21.000 --> 00:36:26.000 SPEAKER_00: tend to follow their scope and schedule for these initiatives. 00:36:27.000 --> 00:36:32.000 Unknown: Okay, let's talk about the 2025 accomplishments for SD14. 00:36:32.000 --> 00:36:37.000 SPEAKER_00: In 2025, we worked on four different projects with four different 00:36:37.000 --> 00:36:41.000 SPEAKER_00: agencies for SD14, and one project was completed. 00:36:41.000 --> 00:36:45.000 SPEAKER_00: And the completed project was with the City of Citrus Heights. 00:36:45.000 --> 00:36:51.000 SPEAKER_00: Our share of the cost with the City of Citrus Heights project for the 00:36:52.000 --> 00:36:57.000 SPEAKER_00: Auburn Boulevard Street Improvement Project was $2.9 million, and we 00:36:57.000 --> 00:37:01.000 SPEAKER_00: ended up spending $2.92 million. 00:37:01.000 --> 00:37:06.000 Unknown: This was our 12th project overall that we completed with SD14, and we've 00:37:06.000 --> 00:37:12.000 SPEAKER_00: spent about $15 million for the SD14 initiatives since the SD14 was 00:37:12.000 --> 00:37:14.000 SPEAKER_00: adopted in 2005. 00:37:14.000 --> 00:37:16.000 Unknown: Next slide, please. 00:37:17.000 --> 00:37:22.000 Unknown: Okay, this slide shows two sets of pictures at two different locations 00:37:22.000 --> 00:37:26.000 SPEAKER_00: on the project site, the project site being Auburn Boulevard. 00:37:26.000 --> 00:37:31.000 Unknown: On the left side of the slide, we have a set of pictures at an intersection 00:37:31.000 --> 00:37:36.000 SPEAKER_00: of Auburn Boulevard and White Avenue looking south on Auburn Boulevard, 00:37:36.000 --> 00:37:38.000 SPEAKER_00: both before and after construction. 00:37:38.000 --> 00:37:43.000 SPEAKER_00: And on the right side of the slide is a set of pictures on Auburn Boulevard 00:37:43.000 --> 00:37:48.000 SPEAKER_00: and Cedar Drive intersection looking north on Auburn Boulevard. 00:37:48.000 --> 00:37:55.000 SPEAKER_00: As it's visible from the pictures, our share of the project was to convert 00:37:55.000 --> 00:38:01.000 SPEAKER_00: our overhead 12KV distribution line infrastructure to underground 00:38:01.000 --> 00:38:06.000 SPEAKER_00: configuration, and we did that successfully with the City of Citrus Heights. 00:38:06.000 --> 00:38:11.000 SPEAKER_00: Thereby, we contributed to the successful completion of the project and the 00:38:11.000 --> 00:38:14.000 SPEAKER_00: construction objectives for this project. 00:38:14.000 --> 00:38:17.000 Unknown: Very successful collaboration with the City of Citrus Heights. 00:38:17.000 --> 00:38:19.000 Unknown: Next slide, please. 00:38:19.000 --> 00:38:25.000 Unknown: The other three projects that we worked on in 2025 were in the initial phases. 00:38:25.000 --> 00:38:28.000 SPEAKER_00: We're mostly doing the design. 00:38:28.000 --> 00:38:34.000 SPEAKER_00: With Sacramento County, we're working on Greenback Lane Improvements Project. 00:38:34.000 --> 00:38:37.000 SPEAKER_00: Our share of the cost is $1 million. 00:38:37.000 --> 00:38:41.000 SPEAKER_00: In 2026, we are going to be doing the design, 00:38:41.000 --> 00:38:44.000 SPEAKER_00: and the construction will occur in 2028. 00:38:44.000 --> 00:38:48.000 Unknown: City of Elk Grove, this is our first venture with City of Elk Grove. 00:38:48.000 --> 00:38:53.000 SPEAKER_00: We are working with them for their Elk Grove Boulevard Improvement Project. 00:38:53.000 --> 00:38:57.000 SPEAKER_00: Our share of the cost, again, $1.5 million. 00:38:57.000 --> 00:38:59.000 SPEAKER_00: This project was delayed a little. 00:38:59.000 --> 00:39:03.000 SPEAKER_00: Like I mentioned earlier, it's the local jurisdictions who drive the schedule. 00:39:03.000 --> 00:39:05.000 SPEAKER_00: We tend to follow them. 00:39:05.000 --> 00:39:10.000 SPEAKER_00: We were supposed to spend $643,000 in 2025, 00:39:10.000 --> 00:39:14.000 SPEAKER_00: but we ended up spending only $1,600. 00:39:14.000 --> 00:39:21.000 SPEAKER_00: But the design now will be occurring in 2026 with construction happening in 2027. 00:39:21.000 --> 00:39:27.000 Unknown: Lastly, with City of Sacramento, we're working on a project for their Arden Way Improvement Project. 00:39:27.000 --> 00:39:30.000 SPEAKER_00: Our share of the cost, $750,000. 00:39:30.000 --> 00:39:32.000 SPEAKER_00: We're in the very preliminary design. 00:39:32.000 --> 00:39:36.000 SPEAKER_00: The design will be occurring in 2026 with construction happening in 2028. 00:39:36.000 --> 00:39:41.000 SPEAKER_00: Outside of that, we're also in very preliminary talks with the City of Rancho Cordova 00:39:41.000 --> 00:39:46.000 SPEAKER_00: for their Folsom Boulevard Street Improvement Project as well. 00:39:46.000 --> 00:39:49.000 Unknown: Next slide, please. 00:39:49.000 --> 00:39:55.000 Unknown: Okay, in conclusion, in 2025, SMUD was in full compliance with SD14, 00:39:55.000 --> 00:39:57.000 SPEAKER_00: or our system enhancement policy, 00:39:57.000 --> 00:40:01.000 SPEAKER_00: and I requested the board accept the 2025 monitoring report. 00:40:01.000 --> 00:40:02.000 SPEAKER_00: Thank you. 00:40:02.000 --> 00:40:05.000 Unknown: Thank you very much for your report. 00:40:05.000 --> 00:40:08.000 SPEAKER_04: Do we have any questions or comments? 00:40:08.000 --> 00:40:10.000 Unknown: Yes, Director Sanborn. 00:40:10.000 --> 00:40:12.000 SPEAKER_04: Yes, thank you, Amdeet. 00:40:12.000 --> 00:40:16.000 SPEAKER_07: So this was done on Fair Oaks Boulevard in Carmichael a few years ago, 00:40:16.000 --> 00:40:21.000 SPEAKER_07: and the difference is shocking and much improved, 00:40:21.000 --> 00:40:23.000 SPEAKER_07: and I love these projects. 00:40:23.000 --> 00:40:25.000 Unknown: But these come to us, basically, correct? 00:40:25.000 --> 00:40:28.000 SPEAKER_07: This is when the cities come to us and say, 00:40:28.000 --> 00:40:30.000 SPEAKER_07: we're going to do a whole city's streetscape, 00:40:30.000 --> 00:40:32.000 SPEAKER_07: and now is the time to put everything underground. 00:40:32.000 --> 00:40:37.000 SPEAKER_07: So this isn't really anything we can control except to say yes and help. 00:40:37.000 --> 00:40:38.000 Unknown: Correct. 00:40:38.000 --> 00:40:41.000 SPEAKER_00: As long as they meet the requirements of SD14, yes. 00:40:41.000 --> 00:40:42.000 SPEAKER_00: Okay. 00:40:42.000 --> 00:40:45.000 SPEAKER_00: And our local government affairs team under Laura Luista has a tremendous job 00:40:45.000 --> 00:40:47.000 SPEAKER_00: in managing those relationships for us. 00:40:47.000 --> 00:40:48.000 SPEAKER_00: Great. 00:40:48.000 --> 00:40:50.000 Unknown: Well, thank you so much to everybody who works on these. 00:40:50.000 --> 00:40:54.000 SPEAKER_07: These really are huge improvements to the areas where we're able to do it. 00:40:54.000 --> 00:40:55.000 SPEAKER_07: Thank you. 00:40:57.000 --> 00:40:58.000 Unknown: Director Riz. 00:40:58.000 --> 00:40:59.000 SPEAKER_04: Yeah. 00:40:59.000 --> 00:41:05.000 SPEAKER_11: I'm glad to see this Auburn Boulevard project out by rush up to the freeway 00:41:05.000 --> 00:41:10.000 SPEAKER_11: and such a site is finally coming to completion in the next month or two here. 00:41:10.000 --> 00:41:14.000 SPEAKER_11: I've been tracking it for, I don't know, something like five, six years. 00:41:14.000 --> 00:41:19.000 SPEAKER_11: There's long, slow projects because there's so many intricate parts 00:41:19.000 --> 00:41:22.000 SPEAKER_11: on these street improvements, and we're just one piece of it. 00:41:22.000 --> 00:41:26.000 SPEAKER_11: So I'm glad to see, and you can see the difference, is pretty amazing. 00:41:28.000 --> 00:41:33.000 Unknown: I think in terms of our enhancement policies, it's always like, I always think to myself, 00:41:33.000 --> 00:41:37.000 SPEAKER_11: they're great projects, but there should be more of them, 00:41:37.000 --> 00:41:39.000 SPEAKER_11: or there should be more system enhancement. 00:41:39.000 --> 00:41:44.000 SPEAKER_11: And my idea of system enhancement is like, what do we do to make things look good? 00:41:44.000 --> 00:41:48.000 SPEAKER_11: And we run programs for our substations and transformers 00:41:48.000 --> 00:41:50.000 SPEAKER_11: and make sure they're landscaped nicely. 00:41:51.000 --> 00:41:53.000 SPEAKER_11: But it definitely sort of, it makes me sort of think, like, 00:41:53.000 --> 00:42:02.000 SPEAKER_11: how do we make sure that we're continuing to sort of beautify what we can and what we own, 00:42:02.000 --> 00:42:06.000 SPEAKER_11: and is that transformer boxes with artwork on them? 00:42:06.000 --> 00:42:11.000 SPEAKER_11: And this is just such a very, and I've been saying this off and on for 10 years now, 00:42:11.000 --> 00:42:15.000 SPEAKER_11: it's such a narrowly focused SD. 00:42:16.000 --> 00:42:18.000 SPEAKER_11: And then I would say, well, maybe like some of the SD7, 00:42:18.000 --> 00:42:23.000 SPEAKER_11: the environmental is where you would cover some of those other projects as well. 00:42:23.000 --> 00:42:26.000 SPEAKER_11: So this is sort of something I continue to think about. 00:42:27.000 --> 00:42:34.000 Unknown: Can maybe this be edited so it demonstrates that commitment that I think we're already doing? 00:42:36.000 --> 00:42:42.000 SPEAKER_11: But just some little bits of thinking, or do we edit SD7 to make it clear that, you know, 00:42:42.000 --> 00:42:45.000 SPEAKER_11: we talk about the biodiversity and things in there, but do we talk about, 00:42:45.000 --> 00:42:51.000 SPEAKER_11: oh, that should also include other types of beautification projects that make the community more lively? 00:42:51.000 --> 00:42:53.000 SPEAKER_11: So is this something that I've been thinking about? 00:42:54.000 --> 00:42:55.000 Unknown: Can I play off that? 00:42:55.000 --> 00:42:56.000 SPEAKER_07: Yeah. 00:42:56.000 --> 00:42:57.000 SPEAKER_04: Director Sandborn. 00:42:57.000 --> 00:43:01.000 SPEAKER_04: Yeah, because in Carmichael, we had a competition from the Carmichael Chamber 00:43:01.000 --> 00:43:05.000 SPEAKER_07: to come up with pictures that actually Susan Skinner did that are nature pictures 00:43:05.000 --> 00:43:10.000 SPEAKER_07: and people voted on which ones are going to be wrapped around on our electrical boxes. 00:43:11.000 --> 00:43:16.000 SPEAKER_07: And is that like when we decide to do that, do we, do other people raise money to pay for that? 00:43:16.000 --> 00:43:17.000 SPEAKER_07: Do we contribute to that? 00:43:17.000 --> 00:43:18.000 SPEAKER_07: I don't know. 00:43:19.000 --> 00:43:25.000 Unknown: Because that's also a place making thing to do, something that's valuable to the community 00:43:25.000 --> 00:43:30.000 SPEAKER_07: to put pictures and art that represents that community where the box is. 00:43:30.000 --> 00:43:34.000 SPEAKER_07: But I'm just curious, do we do that? 00:43:35.000 --> 00:43:37.000 Unknown: Yes. Frankie? 00:43:37.000 --> 00:43:39.000 SPEAKER_04: Frankie McDonough, Chief Operating Officer. 00:43:39.000 --> 00:43:42.000 SPEAKER_01: I don't remember the details of the program right here, right now, 00:43:42.000 --> 00:43:48.000 SPEAKER_01: but we did create a program probably 10 years ago around the process to wrap any of our equipment. 00:43:49.000 --> 00:43:51.000 SPEAKER_01: So it's probably a good follow-up. 00:43:51.000 --> 00:43:56.000 SPEAKER_01: We could send you something with the details because I don't want to start speculating on the pieces, 00:43:56.000 --> 00:43:57.000 SPEAKER_01: but it's come up. 00:43:57.000 --> 00:44:03.000 SPEAKER_01: The opinions, for example, in an urban area are very different than opinions in a suburban area. 00:44:03.000 --> 00:44:04.000 SPEAKER_01: Not everybody agrees on it. 00:44:04.000 --> 00:44:08.000 SPEAKER_01: So we created a process that adjudicates that basically. 00:44:08.000 --> 00:44:12.000 SPEAKER_01: We have certain safety things that we have to approve, of course, 00:44:12.000 --> 00:44:16.000 SPEAKER_01: but there is a program, and we could follow up with an explanation of that if you like. 00:44:16.000 --> 00:44:18.000 SPEAKER_01: Yeah, I think that'd be good. 00:44:21.000 --> 00:44:22.000 Unknown: I didn't open it, no. 00:44:26.000 --> 00:44:27.000 Unknown: Do you want to try and write? 00:44:27.000 --> 00:44:29.000 SPEAKER_04: I can't hear you, Nancy, I'm sorry. 00:44:29.000 --> 00:44:32.000 SPEAKER_04: It's on our SMUD website, so if you want to Google it. 00:44:32.000 --> 00:44:38.000 SPEAKER_08: So it says what qualifies, why wrap them, who can apply. 00:44:38.000 --> 00:44:39.000 SPEAKER_08: Who can apply? 00:44:39.000 --> 00:44:42.000 SPEAKER_08: Just Google SMUD Transformer Wrapbox Program. 00:44:42.000 --> 00:44:43.000 SPEAKER_08: Thank you. 00:44:43.000 --> 00:44:46.000 Unknown: So people just have to ask and inquire. 00:44:46.000 --> 00:44:47.000 SPEAKER_07: It's an application process. 00:44:47.000 --> 00:44:48.000 Unknown: It's an application. 00:44:48.000 --> 00:44:49.000 SPEAKER_07: Okay, and they pay for it? 00:44:49.000 --> 00:44:50.000 SPEAKER_07: Yeah. 00:44:50.000 --> 00:44:52.000 SPEAKER_07: Okay, thank you. 00:44:53.000 --> 00:45:02.000 SPEAKER_04: I do think that Director Rose brings up a good point about enhancing the space 00:45:02.000 --> 00:45:08.000 SPEAKER_04: by doing these different things that may not be overhead lines and poles. 00:45:08.000 --> 00:45:14.000 SPEAKER_04: And I'd actually like to see that explored more. 00:45:14.000 --> 00:45:21.000 SPEAKER_04: And I'd be happy to give some ideas of things that could be enhancements for the system 00:45:21.000 --> 00:45:25.000 SPEAKER_04: that might not just fit the poles and wires. 00:45:27.000 --> 00:45:28.000 SPEAKER_04: So any other? 00:45:28.000 --> 00:45:29.000 SPEAKER_04: Yes. 00:45:29.000 --> 00:45:37.000 SPEAKER_04: Well, perhaps we could ask staff to sort of look at the different things that we already do, 00:45:37.000 --> 00:45:43.000 Unknown: and maybe – and I don't know that it necessarily is something that we need to have on an agenda, 00:45:43.000 --> 00:45:48.000 SPEAKER_02: but if there's something, you know, if we want to give direction that – yeah, 00:45:48.000 --> 00:45:54.000 SPEAKER_02: we'd like to make sure that we're making our substations or whatever. 00:45:54.000 --> 00:45:57.000 SPEAKER_02: I mean, we've got various facilities out there. 00:45:57.000 --> 00:46:04.000 Unknown: If we want to move in that direction, whether there's board direction or maybe just hear back 00:46:04.000 --> 00:46:09.000 SPEAKER_02: about what are we doing and is there some way that we can express our desire? 00:46:09.000 --> 00:46:10.000 SPEAKER_02: Yeah. 00:46:10.000 --> 00:46:19.000 SPEAKER_02: So maybe hear back from staff first, and then if necessary, then we can just explore that 00:46:19.000 --> 00:46:26.000 SPEAKER_02: as a future agenda item on policy committee, I would imagine. 00:46:26.000 --> 00:46:28.000 Unknown: Makes good sense. 00:46:28.000 --> 00:46:29.000 Unknown: Any other? 00:46:29.000 --> 00:46:31.000 SPEAKER_11: I think I'll begin starting with a summary. 00:46:31.000 --> 00:46:32.000 SPEAKER_11: Right. 00:46:32.000 --> 00:46:35.000 SPEAKER_11: And I know Frankie and Eric, we've talked about this in years past, 00:46:35.000 --> 00:46:42.000 SPEAKER_11: so maybe just a summary of the various programs we already operate as a starting point. 00:46:42.000 --> 00:46:45.000 Unknown: Makes good sense. 00:46:45.000 --> 00:46:46.000 Unknown: Okay. 00:46:46.000 --> 00:46:57.000 SPEAKER_04: Well, seeing no other comments from board members, do we have any written requests to speak or digital? 00:46:57.000 --> 00:46:58.000 Unknown: No, we do not. 00:46:58.000 --> 00:46:59.000 Unknown: Okay. 00:46:59.000 --> 00:47:02.000 SPEAKER_04: Well, thank you very much for your report. 00:47:05.000 --> 00:47:10.000 Unknown: Okay. 00:47:10.000 --> 00:47:20.000 SPEAKER_04: Item number three is board monitoring of the board staff linkage BL-9, delegation to the 00:47:20.000 --> 00:47:28.000 SPEAKER_04: CEO with respect to local, state and federal legislation and regulation, board staff linkage 00:47:28.000 --> 00:47:37.000 SPEAKER_04: BL-10, delegation to the CEO with respect to real and personal property, and board staff 00:47:37.000 --> 00:47:47.000 SPEAKER_04: linkage BL-11, delegation to the CEO with respect to the settlement of claims and litigation. 00:47:47.000 --> 00:47:53.000 SPEAKER_04: Okay. 00:47:53.000 --> 00:47:58.000 SPEAKER_04: Yes. 00:47:58.000 --> 00:48:04.000 SPEAKER_04: So here we are monitoring BL-9. 00:48:04.000 --> 00:48:06.000 SPEAKER_04: We see what that is. 00:48:06.000 --> 00:48:13.000 SPEAKER_04: And it looks like four board members feel that we're in high compliance. 00:48:13.000 --> 00:48:16.000 SPEAKER_04: One feels we're medium. 00:48:16.000 --> 00:48:20.000 SPEAKER_04: And that is it. 00:48:20.000 --> 00:48:24.000 SPEAKER_04: Are there any comments to this one? 00:48:24.000 --> 00:48:27.000 Unknown: No, let's move on to the next. 00:48:27.000 --> 00:48:34.000 SPEAKER_04: BL-10 is delegation to the CEO with respect to real and personal property. 00:48:34.000 --> 00:48:39.000 SPEAKER_04: And we have read through these. 00:48:40.000 --> 00:48:50.000 SPEAKER_04: And it looks like the five board members who reviewed this BL-10 feel we're in high compliance. 00:48:50.000 --> 00:48:53.000 SPEAKER_04: Are there any comments or questions? 00:48:53.000 --> 00:48:58.000 SPEAKER_04: Seeing none, let's move on. 00:48:58.000 --> 00:49:07.000 SPEAKER_04: And here is information about the disposal of surplus, scrap or obsolete personal property, 00:49:07.000 --> 00:49:10.000 SPEAKER_04: and lease of SMUD personal property. 00:49:10.000 --> 00:49:15.000 SPEAKER_04: And five board members feel that we're in high compliance. 00:49:15.000 --> 00:49:18.000 SPEAKER_04: No one wants to comment. 00:49:18.000 --> 00:49:27.000 SPEAKER_04: So BL-11 is delegation to the CEO with respect to the settlement of claims and litigation. 00:49:27.000 --> 00:49:35.000 SPEAKER_04: And you can see here what those levels are. 00:49:36.000 --> 00:49:42.000 SPEAKER_04: And five board members believe that we're in high compliance. 00:49:42.000 --> 00:49:46.000 SPEAKER_04: So we'll move on to the next. 00:49:46.000 --> 00:49:52.000 SPEAKER_04: Do we have any public comment? 00:49:52.000 --> 00:49:54.000 Unknown: No, we do not. 00:49:54.000 --> 00:49:55.000 SPEAKER_04: Okay. 00:49:55.000 --> 00:49:57.000 SPEAKER_04: And digital comments? 00:49:57.000 --> 00:49:58.000 SPEAKER_04: No, either one. 00:49:58.000 --> 00:49:59.000 SPEAKER_04: Okay. 00:49:59.000 --> 00:50:00.000 Unknown: Yes? 00:50:00.000 --> 00:50:08.000 SPEAKER_07: So when we have BLs that have hard dollar amounts and inflation is constantly a thing, 00:50:08.000 --> 00:50:12.000 SPEAKER_07: more so now than ever it seems, do we want to revisit the numbers? 00:50:12.000 --> 00:50:18.000 SPEAKER_07: Or would staff recommend to us a change when this was being brought to us? 00:50:18.000 --> 00:50:21.000 Unknown: I guess that's for Laura. 00:50:21.000 --> 00:50:27.000 Unknown: Yeah, I think we would recommend a change if we needed one. 00:50:27.000 --> 00:50:28.000 Unknown: All right. 00:50:28.000 --> 00:50:34.000 SPEAKER_04: So the next item on the agenda is the board work plan. 00:50:34.000 --> 00:50:41.000 SPEAKER_04: And so we'll turn it over to our illustrious President, Dave Tamayo. 00:50:45.000 --> 00:50:47.000 SPEAKER_02: Thank you, Chair Herber. 00:50:47.000 --> 00:50:49.000 SPEAKER_02: Excuse me. 00:50:50.000 --> 00:50:58.000 SPEAKER_02: So we've got just going to go over for the next couple of months, this month to next month, 00:50:58.000 --> 00:51:00.000 SPEAKER_02: and just a few of the highlights. 00:51:00.000 --> 00:51:07.000 SPEAKER_02: I see that we have a community solar and electric resiliency project, PPA, 00:51:07.000 --> 00:51:12.000 SPEAKER_02: that will be presented next week at our finance and audit committee, 00:51:12.000 --> 00:51:17.000 SPEAKER_02: which I'm very interested in hearing what that's about. 00:51:17.000 --> 00:51:22.000 SPEAKER_02: Then we'll be getting a report from Dr. Webster, as promised, 00:51:22.000 --> 00:51:26.000 SPEAKER_02: that will – on our community impact plan. 00:51:26.000 --> 00:51:42.000 SPEAKER_02: And in September we'll be getting a presentation on air quality with our own Director Bikini, 00:51:42.000 --> 00:51:51.000 SPEAKER_02: and then also the head of our local air quality management district, Alberto Ayala. 00:51:51.000 --> 00:52:05.000 SPEAKER_02: And I see there's a transformative climate communities grant coming up that James Frasier is going to be presenting on. 00:52:05.000 --> 00:52:08.000 SPEAKER_02: That sounds intriguing to me. 00:52:09.000 --> 00:52:27.000 SPEAKER_02: And we'll be talking about our resource planning at our policy committee on the 9th, September 9th. 00:52:27.000 --> 00:52:36.000 SPEAKER_02: And something that really affects our costs coming up on the 15th is our medical insurance contracts. 00:52:37.000 --> 00:52:43.000 SPEAKER_02: And 2027 premiums, and I'm hoping for – but not necessarily expecting good news with that. 00:52:43.000 --> 00:52:52.000 SPEAKER_02: So I know that our staff does a really good job of negotiating with that, but I'm sure that will be of interest. 00:52:52.000 --> 00:53:00.000 SPEAKER_02: And then finally, in September 16th, we're having our zero carbon plan update. 00:53:01.000 --> 00:53:13.000 SPEAKER_02: And I think that – oh, also at our finance and audit committee we're going to have a presentation on a draft large load policy review, 00:53:13.000 --> 00:53:19.000 SPEAKER_02: which has been something of great interest not only to our board members but to our community. 00:53:19.000 --> 00:53:24.000 SPEAKER_02: So I'm looking forward to how that's going to be articulated. 00:53:25.000 --> 00:53:30.000 SPEAKER_02: I think from what I hear from staff, we've already put a lot of thought into that. 00:53:30.000 --> 00:53:39.000 SPEAKER_02: So I will note it's not in the next couple months, but we'll be looking at our budget on November 17th. 00:53:39.000 --> 00:53:49.000 Unknown: And we'll also be discussing our beginning discussion of IRP in the middle of October. 00:53:50.000 --> 00:53:57.000 SPEAKER_02: And is there anything that – we don't have anything in our parking lot, but – 00:53:58.000 --> 00:54:05.000 Unknown: I thought we had a – we were holding off on our land acknowledgment. Did that ever get resolved? 00:54:05.000 --> 00:54:15.000 SPEAKER_07: Yes. The committee is meeting later this week with the tribes to get their approval. 00:54:15.000 --> 00:54:20.000 SPEAKER_04: And once we have that, we'll be able to bring it back to the policy committee. 00:54:20.000 --> 00:54:22.000 SPEAKER_07: Oh, wonderful. Thank you. 00:54:22.000 --> 00:54:24.000 Unknown: President? President Tamayo? 00:54:24.000 --> 00:54:25.000 Unknown: Yes. 00:54:25.000 --> 00:54:32.000 SPEAKER_07: I happened to be in Folsom the other day and drove past our construction site and was pleased to see that we've gone vertical. 00:54:32.000 --> 00:54:35.000 SPEAKER_03: There's a building there and there's all kinds of cool things happening. 00:54:35.000 --> 00:54:42.000 Unknown: I'm wondering if – is it appropriate now or sometime in the near future to get an update on that project? 00:54:42.000 --> 00:54:52.000 SPEAKER_03: And at the same time, talk about what we intend to do with the west end of our campus here and the – 00:54:52.000 --> 00:54:56.000 SPEAKER_03: where Kramer-Carton used to be and where our current operations center is. 00:54:56.000 --> 00:55:03.000 SPEAKER_03: And is there a long-term plan for that? Can we get an update on that? It can be either a memo or a – 00:55:03.000 --> 00:55:13.000 SPEAKER_03: Well, and while we're at it, what's going on with 59th Street, the open piece of land that's already been demolished? 00:55:13.000 --> 00:55:15.000 SPEAKER_11: Jose would you come up? I'm the chief diversity officer. 00:55:15.000 --> 00:55:24.000 SPEAKER_10: Director Fisherman-Leet can definitely put together either a detailed memo or even a high – a long-range presentation – 00:55:24.000 --> 00:55:31.000 SPEAKER_10: a long-range facilities presentation. The team actually has the long-range plans for the entire headquarters campus that they're working on. 00:55:31.000 --> 00:55:36.000 SPEAKER_10: Whichever avenue seems to make more sense to you, Jose, is fine by me, but just getting the information would be good. 00:55:36.000 --> 00:55:37.000 SPEAKER_03: You can do that. 00:55:37.000 --> 00:55:38.000 SPEAKER_03: Thank you. 00:55:38.000 --> 00:55:40.000 Unknown: Can I ask? 00:55:40.000 --> 00:55:41.000 Unknown: Yeah. 00:55:41.000 --> 00:55:42.000 SPEAKER_11: I'll take that. 00:55:42.000 --> 00:55:43.000 SPEAKER_11: Director. 00:55:43.000 --> 00:55:49.000 SPEAKER_11: A little bit, though, Jose. Have we – I know we have the – we have a long-range master plan for the overall campus. 00:55:49.000 --> 00:55:56.000 SPEAKER_11: I'm assuming that it's continuing to guide our progress, but it's probably – it's probably five-ish years old now, I would guess, on my head. 00:55:56.000 --> 00:56:00.000 SPEAKER_11: So is there any thoughts about updating that? 00:56:00.000 --> 00:56:07.000 SPEAKER_11: Yes, Director Rose. So we are actually in the process of doing a refresh, and it's actually a much more detailed refresh. 00:56:07.000 --> 00:56:12.000 SPEAKER_10: So it's based off of the land use designations that were identified in the long-range master plans. 00:56:12.000 --> 00:56:20.000 SPEAKER_10: So we aren't deviating from the zoning allowances and what have you, but we are looking at what our needs are in the next 10 years. 00:56:20.000 --> 00:56:29.000 SPEAKER_10: So, again, I'm going to have Christian DePersis, our director of facilities security and emergency ops, either put together a memo or come up with some time to lay out what we're doing. 00:56:29.000 --> 00:56:32.000 SPEAKER_10: To lay out what those near-term plans are. 00:56:32.000 --> 00:56:36.000 SPEAKER_10: And it'll be based, again, on the same envelope as the original long-range plan. 00:56:36.000 --> 00:56:38.000 SPEAKER_10: Thank you. 00:56:38.000 --> 00:56:47.000 Unknown: And could that also include information about the development that's going on at 59th Street? 00:56:47.000 --> 00:56:48.000 Unknown: Yes. 00:56:48.000 --> 00:56:52.000 Unknown: Thank you. 00:56:52.000 --> 00:57:02.000 Unknown: Okay. So do we have any public comment on items not on the agenda or any digital comments? 00:57:02.000 --> 00:57:03.000 Unknown: No, we do not. 00:57:03.000 --> 00:57:21.000 Unknown: Okay. So just want to make sure everyone knows that written comments received on items not on the agenda will be included in the record if received within two hours of the end of the meeting. 00:57:21.000 --> 00:57:27.000 SPEAKER_04: The last item on the agenda is to provide a summary of committee directions. 00:57:27.000 --> 00:57:31.000 SPEAKER_04: Chief legal officer, do we have any requests? 00:57:31.000 --> 00:57:45.000 SPEAKER_04: Staff will provide a summary of the various programs that we have to beautify our facilities and staff will provide an update on our long-range facilities master plan and the status of 59th Street. 00:57:46.000 --> 00:57:58.000 SPEAKER_04: Okay. And now we want to know if anyone has made a request to speak on the closed session agenda. 00:57:58.000 --> 00:58:01.000 Unknown: We have no public comment on that either. 00:58:01.000 --> 00:58:13.000 SPEAKER_04: Okay. Well, the board will now enter into a closed session to discuss the following item. 00:58:13.000 --> 00:58:15.000 SPEAKER_04: Should I read this whole thing? 00:58:15.000 --> 00:58:16.000 SPEAKER_04: Okay. 00:58:16.000 --> 00:58:29.000 SPEAKER_04: The first item is the conference with real property negotiators and it's pursuant to section 54956.8 of the government code. 00:58:29.000 --> 00:58:49.000 SPEAKER_04: It involves property assessor's parcel number APN 007 0144 020 and 007 0144 021 in Sacramento County. 00:58:49.000 --> 00:58:57.000 SPEAKER_04: The SMUD negotiator is Emily Boccini, the director of safety, environmental and real estate services. 00:58:57.000 --> 00:59:07.000 SPEAKER_04: The negotiating parties are Tim Reagan, Voight Oceanside, Partners LLC, the property owner. 00:59:07.000 --> 00:59:14.000 SPEAKER_04: And under negotiation is price and terms. 00:59:14.000 --> 00:59:24.000 SPEAKER_04: So now we will move into closed session and we'll be back later to report any further business. 00:59:44.000 --> 01:00:03.000 Unknown: Hello and welcome back to the policy committee. 01:00:03.000 --> 01:00:10.000 SPEAKER_04: Just want to report on the action that was taken during closed session. 01:00:10.000 --> 01:00:19.000 SPEAKER_04: The board provided direction to staff in regards to the conference with real property negotiators. 01:00:19.000 --> 01:00:25.000 SPEAKER_04: No further business appearing. This meeting is adjourned. Thank you.