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L.A. in line for $258.8 million in surplus DWP funds

February 25, 2011 |  4:55 pm

The Los Angeles City Council voted 11 to 1 on Friday to pave the way for a $258.8-million transfer from the Department of Water and Power to city coffers.

The drama-free discussion was a sharp contrast to last year, when DWP officials threatened to withhold part of their transfer unless council members agreed to increase electricity rates.

That threat led to a lengthy showdown between the DWP, the council and Mayor Antonio Villaraigosa.


Friday’s decision upheld a plan by the five-member DWP board, which designated the money as surplus Feb. 1.
 
Because Councilman Richard Alarcon voted no, the matter will require a second vote next week.

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-- David Zahniser at Los Angeles City Hall

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