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HomeMy WebLinkAbout2023-11-07 Finance Committee Action MinutesFINANCE COMMITTEE ACTION MINUTES Page 1 of 1 Regular Meeting November 7, 2023 The Finance Committee of the City of Palo Alto met on this date in the Community Meeting Room and by virtual teleconference at 5:32 PM. Present In Person: Burt, Stone Present Remotely: Lythcott-Haims Absent: None Action Items 1. Utilities Advisory Commission Recommendation that the Finance Committee Recommend that the City Council Adopt a Resolution Approving the 2023 Electric Integrated Resource Plan MOTION: Council Member Burt moved, seconded by Vice Mayor Stone to recommend the City Council adopt a resolution (Attachment A): 1. Approving the 2023 Electric Integrated Resource Plan (IRP)1, which includes the four standardized tables required under the California Energy Commission’s (CEC) IRP Guidelines; and 2. Approving the IRP Objective and Strategies to guide future analysis and decisions. MOTION PASSED: 3-0 2. Discussion and Update of the Palo Alto Fiber Expansion Plan and Construction Alignment with Electric Grid Modernization. CEQA Status – Not a project. No action taken. Adjournment: The meeting was adjourned at 8:00 P.M.