# Board of Supervisors Minutes: June 12, 2018

- Meeting date: 2018-06-12
- Document type: minutes
- Pages in official PDF: 16
- [Canonical HTML transcript](https://sfbos.info/documents/518/2018-06-12-minutes)
- [Authoritative City PDF](https://sfgov.legistar.com/View.ashx?M=M&ID=610542&GUID=B0FA5A2D-D9E0-46A9-99F3-8C7C6E49F978)

> This text was extracted for search and accessibility. The linked City PDF is the authoritative public record.

## Structured legislative records

### File 180450: Power Revenue Bond Issuance and Sale - San Francisco Public Utilities Commission - Not to Exceed $154,928,059

- Pages: 3
- Vote 1: final-passage, likely final
  - Action: 180450 [Power Revenue Bond Issuance and Sale - San Francisco Public Utilities Commission - Not to Exceed $154,928,059] Sponsor: Mayor Ordinance authorizing the issuance and sale of tax-exempt or taxable Power Revenue Bonds and other forms of indebtedness by the San Francisco Public Utilities Commission (Commission) in an aggregate principal amount not to exceed $154,928,059 to finance the costs of various capital projects benefitting the Power Enterprise pursuant to Charter, Sections 9.107(6) and 9.107(8), authorization to issue Refunding Power Revenue Bonds; declaring the Official Intent of the Commission to reimburse itself with one or more issues of tax-exempt bonds; and ratifying previous actions taken in connection therewith, as defined herein. (Pursuant to Charter, Section 9.107(6), this matter shall require a vote of three-fourths (9 votes) of all members of the Board of Supervisors to approve water and electric power facilities under the jurisdiction of the Public Utilities Commission ordinance for passage.) Ordinance No. 142-18 FINALLY PASSED by the following vote:
  - Ayes: Breed, Cohen, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Stefani, Tang, Yee

### File 180451: Water Revenue Bond and Other Forms of Indebtedness Issuance - San Francisco Public Utilities Commission - Not to Exceed $478,440,136

- Pages: 3-4
- Vote 1: final-passage, likely final
  - Action: 180451 [Water Revenue Bond and Other Forms of Indebtedness Issuance - San Francisco Public Utilities Commission - Not to Exceed $478,440,136] Sponsor: Mayor Ordinance authorizing the issuance and sale of tax-exempt or taxable Water Revenue Bonds and other forms of indebtedness (as described below) by the San Francisco Public Utilities Commission (Commission) in an aggregate principal amount not to exceed $478,440,136 to finance the costs of various capital water projects benefitting the Water Enterprise pursuant to amendments to the Charter of the City and County of San Francisco enacted by the voters on November 5, 2002, as Proposition E; authorizing the issuance of Water Revenue Refunding Bonds; declaring the Official Intent of the Commission to reimburse itself with one or more issues of tax-exempt bonds or other forms of indebtedness; and ratifying previous actions taken in connection therewith, as defined herein. (Pursuant to Charter, Section 8B.124, this matter shall require a vote of two-thirds (8 votes) of all members of the Board of Supervisors to approve such water revenue bonds ordinance for passage.) Ordinance No. 143-18 FINALLY PASSED by the following vote:
  - Ayes: Breed, Cohen, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Stefani, Tang, Yee

## Extracted text

### [Page 3](https://sfbos.info/documents/518/2018-06-12-minutes#page-3)

Board of Supervisors                              Meeting Minutes                                                 6/12/2018




REGULAR AGENDA


UNFINISHED BUSINESS


Recommendations of the Budget and Finance Committee
            President Breed requested File Nos. 180450, 180451, 180449, 180452, 180447, and 180448 be
            called together.


180450 [Power Revenue Bond Issuance and Sale - San Francisco Public Utilities
       Commission - Not to Exceed $154,928,059]
            Sponsor: Mayor
            Ordinance authorizing the issuance and sale of tax-exempt or taxable Power Revenue Bonds and
            other forms of indebtedness by the San Francisco Public Utilities Commission (Commission) in an
            aggregate principal amount not to exceed $154,928,059 to finance the costs of various capital
            projects benefitting the Power Enterprise pursuant to Charter, Sections 9.107(6) and 9.107(8),
            authorization to issue Refunding Power Revenue Bonds; declaring the Official Intent of the
            Commission to reimburse itself with one or more issues of tax-exempt bonds; and ratifying
            previous actions taken in connection therewith, as defined herein.
            (Pursuant to Charter, Section 9.107(6), this matter shall require a vote of three-fourths (9 votes) of
            all members of the Board of Supervisors to approve water and electric power facilities under the
            jurisdiction of the Public Utilities Commission ordinance for passage.)
            Ordinance No. 142-18
            FINALLY PASSED by the following vote:
                 Ayes: 11 - Breed, Cohen, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Stefani, Tang, Yee


180451 [Water Revenue Bond and Other Forms of Indebtedness Issuance - San Francisco
       Public Utilities Commission - Not to Exceed $478,440,136]
            Sponsor: Mayor
            Ordinance authorizing the issuance and sale of tax-exempt or taxable Water Revenue Bonds and
            other forms of indebtedness (as described below) by the San Francisco Public Utilities
            Commission (Commission) in an aggregate principal amount not to exceed $478,440,136 to
            finance the costs of various capital water projects benefitting the Water Enterprise pursuant to
            amendments to the Charter of the City and County of San Francisco enacted by the voters on
            November 5, 2002, as Proposition E; authorizing the issuance of Water Revenue Refunding
            Bonds; declaring the Official Intent of the Commission to reimburse itself with one or more issues
            of tax-exempt bonds or other forms of indebtedness; and ratifying previous actions taken in
            connection therewith, as defined herein.
            (Pursuant to Charter, Section 8B.124, this matter shall require a vote of two-thirds (8 votes) of all
            members of the Board of Supervisors to approve such water revenue bonds ordinance for
            passage.)
            Ordinance No. 143-18
            FINALLY PASSED by the following vote:
                 Ayes: 11 - Breed, Cohen, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Stefani, Tang, Yee



City and County of San Francisco                         Page 444                              Printed at 11:49 am on 7/11/18
