Board Meeting Notice
Board Meeting Minutes

Finance Meeting Notice
Finance Meeting Minutes
Public Benefits Meeting Notice
Public Benefits Meeting Minutes
Magnolia Coordinatng Meeting Notice
Magnolia Coordinatng Meeting Minutes

NOTICE IS HEREBY GIVEN by the undersigned, as the Executive Director of the Southern California Public Power Authority, that a meeting of the Finance Committee (the "Committee") of the Board of Directors is to be held as follows:

Date:

June 28, 2010

Time:

10:30 a.m.

Place:

Southern California Public Power Authority
225 S. Lake Avenue, Suite 1250
Pasadena, California
(626) 793-9364

The following matters are the business to be transacted and considered by the Committee:

1. Financial Statements
   The Committee will review unaudited Quarterly Financial Statements for the period ended March 31, 2010, and recommend forwarding the statements to the Board for receipt and filing.

2. Investment Reports
   The Committee will review Investment Reports for the months of April and May 2010. The Committee will recommend forwarding the reports to the Board for receipt and filing.

3. Project Budget Comparison Reports
   The Committee will be asked to review and forward to the Board the quarterly Project Budget Comparison Reports for the quarter ended March 31, 2010.

4. Canyon Power Project Financing
   The Committee will receive an update from Public Financial Management (PFM) with respect to financing.

5. Mead Adelanto Project
   The Committee will receive an update from Public Financial Management (PFM) with respect to the Constant Maturity Swap Suspension.

6. Magnolia Power Project
   The Committee will receive an update from Public Financial Management (PFM) with respect to the basis swap financings.

7. Renewable Energy Project Financings
   The Committee will receive an update from Public Financial Management (PFM) with respect to near-term renewable energy project financings.

8. Tieton Hydropower Project Financing
   The Committee will receive an update from PFM with respect to the 2010 Tieton Hydropower Project Bonds.

9. Windy Point/Windy Flats Wind Energy Project
   The Committee will receive an update from PFM with respect to the Windy Point/Windy Flats Wind Energy Project financing.

10. Standby Bond Purchase Agreements Relating to the STS 2000 and 2001 Bonds
    PFM will update the Committee on the status of negotiations with the replacement liquidity provider related to the Standby Bond Purchase Agreements for the STS 2000 Bonds. Any developments regarding the STS 2001 Bonds will also be provided if applicable.

11. Mead-Phoenix / Mead-Adelanto Projects
    The Committee will discuss the pending expiration of the Line of Credit Agreements with JP Morgan for the 2008 Bonds.

12. Schedule for Evaluation of Consultants
    The Committee will review a proposed schedule for the periodic evaluation of SCPPA’s financial and legal consultants and future requests for proposals.

13. Market and VRDO Update
    The Committee will receive a market and VRDO status report from PFM.

14. Unsolicited Proposals
    The Committee will review unsolicited proposals that have been received from investment bankers. The Committee may take action with respect to such proposals.

15. Closed Session
    Potential Litigation: The Committee with meet with legal counsel regarding significant exposure to litigation pursuant to subdivision (b) of Section 54956.9 of the California Government Code (two potential cases)
    Potential Litigation: Conference with legal counsel regarding the potential initiation of litigation pursuant to subdivision (c) of Section 54956.9 of the California Government Code (two potential cases).

Dated: June 23, 2010