Presentation and discussion by the Director of Electric Utilities, or his designee, regarding updates on potential for providing customer choice to LP&L customers, the timing and content of a potential irrevocable opt-in resolution, the need for a provider of last resort and any potential process for same, distribution projects necessary for opt-in, proceedings before the Public Utility Commission of Texas, customer education on retail choice, changes in business processes and operations, and other related matters regarding the initiation of competition for retail electric service in Lubbock Power & Light's certificated retail service area.