1 RESOLUTION NO. 2026-UB-06
A RESOLUTION OF THE UTILITY BOARD OF THE CITY OF AZUSA TO ADJUST CONTRACT WATER RATES FOR IBY PROPERTY OWNER LLC.
WHEREAS, the City of Azusa and MillerCoors LLC entered into a restated water supply agreement (hereinafter, “Agreement”) on February 23, 2009, and WHEREAS, MillerCoors LLC changed its name to Molson Coors LLC on April 1, 2020, and WHEREAS, the agreement was assigned from Molson Coors LLC to IBY LLC on July 20, 2020, then IBY Property Owner LLC on December 21, 2020, and WHEREAS, the Agreement obligates the City’s water utility to supply water to the IBY Property Owner LLC facility in Irwindale, California, and WHEREAS, Section 6 of the Agreement permits the City of Azusa to adjust rates every two years, effective May 1, 2010, in accordance with the methodology outlined in Exhibit D of the Agreement and
WHEREAS, Azusa Light & Water staff have calculated the water rate adjustment for IBY Property Owner LLC, effective August 1, 2026, consistent with the Agreement methodology and WHEREAS, “Exhibit A” of this resolution sets forth the new meter and commodity charges for IBY Property Owner LLC and
WHEREAS, the rates included in “Exhibit A” are to remain in effect for a period of two years according to the Agreement between the parties;
NOW, THEREFORE, BE RESOLVED that the Utility Board/City Council of the City of Azusa does hereby find, determine, and declare as follows:
SECTION 1. The water rates attached hereto as “Exhibit A” and made a part hereof are adopted and shall be effective August 1, 2026; and
SECTION 2. Azusa Light & Water is hereby directed to bill IBY Property Owner LLC the rates included in “Exhibit A” for water utility billings rendered on and after August 1, 2026.
PASSED, APPROVED, and ADOPTED this 27th day of July 2026. __________________________________
Jesse Avila, Jr.
Chairperson
2 ATTEST:
___________________________________
Jeffrey Lawrence Cornejo, Jr.
City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF AZUSA )
I HEREBY CERTIFY that the Utility Board duly adopted the foregoing Resolution No. 2026- UB-06 at a regular meeting of the Azusa Light & Water Utility Board on the 27th day of July 2026 by the following vote of the Utility Board:
AYES: BOARD MEMBERS:
NOES: BOARD MEMBERS:
ABSENT: BOARD MEMBERS:
ABSTAIN: BOARD MEMBERS:
___________________________________
Jeffrey Lawrence Cornejo, Jr.
City Clerk
APPROVED AS TO FORM:
___________________________________
Rachel H. Richman
Burke, Williams & Sorensen, LLP
City Attorney
3 EXHIBIT A
The following water rates shall be effective for all water supply services rendered to IBY PROPTERY OWNER LLC on and after August 1, 2026:
Meter Service Charge
Monthly Meter Service Charge for IBY’s 12-inch water meter: $4,178.11 Commodity Service Charge
Per CCF Commodity Charge: $4.07