# Board of Supervisors Minutes: June 18, 2019

- Meeting date: 2019-06-18
- Document type: minutes
- Source format: PDF
- Extracted pages: 28
- [Canonical HTML transcript](https://sfbos.info/documents/598/2019-06-18-minutes)
- [Authoritative City source](https://sfgov.legistar.com/View.ashx?M=M&ID=706711&GUID=7CA7432E-BB20-413D-83E4-47569DD01526)

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

## Structured legislative records

### File 190545: Appropriation - Hetch Hetchy Power and Water Revenue Bonds - Power Capital Improvements - $27,922,599 - FY2019-20 - De-Appropriation and Re-Appropriation - Capital Projects - $75,911,397 - De-Appropriation Power Capital Projects - $15,000,000 - FY2018-19

- Pages: 17
- Sponsors: Mayor; Peskin
- Vote 1: first-reading
  - Action: Mayor; Peskin Ordinance appropriating $27,922,599 of Hetch Hetchy Power and Water Revenue Bonds for the San Francisco Public Utilities Commission (SFPUC) Hetch Hetchy Capital Improvement Program for FY2019-2020, decreasing Hetchy Power and Water Revenue and increasing Hetchy Power and Water Revenue Bond sources by $21,561,397 and de-appropriating and re-appropriating $75,911,397 of Hetch Hetchy Capital Project appropriations for FY2019-2020, approved by Ordinance No. 139-18, de-appropriation of $15,000,000 Streetlight funding in FY2018-2019 and placing $27,922,599 of Power and Water Bonds, by project on Controller’s reserve subject to the Controller's certification of funds availability, including proceeds of indebtedness, and for construction related expenditures (excluding program management, planning and design) for these projects, as applicable, is also subject to the prior occurrence of the SFPUC's and the Board of Supervisors' discretionary adoption of California Environmental Quality Act findings for projects, following review and consideration of completed project related environmental analysis, where required. (Fiscal Impact) PASSED ON FIRST READING by the following vote:
  - Ayes: Brown, Fewer, Haney, Mandelman, Mar, Peskin, Ronen, Safai, Stefani, Yee
  - Absent: Walton

### File 190546: Amending Ordinance No. 142-18 - San Francisco Public Utilities Commission Power Revenue Bond Issuance - Not to Exceed $199,898,526

- Pages: 17-18
- Sponsors: Mayor; Peskin
- Vote 1: first-reading
  - Action: 190546 [Amending Ordinance No. 142-18 - San Francisco Public Utilities Commission Power Revenue Bond Issuance - Not to Exceed $199,898,526] Sponsors: Mayor; Peskin Ordinance amending Ordinance No. 142-18 to authorize an increase of 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) to an aggregate principal amount not to exceed $199,898,526 from $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), including amendments to the Charter of the City and County of San Francisco enacted by the voters on June 5, 2018, commonly referred to as Proposition A; authorizing the issuance of Power Revenue Refunding Bonds; declaring the official intent of the Commission to reimburse itself with one or more issues of tax-exempt or taxable bonds or other forms of indebtedness; and ratifying previous actions taken in connection therewith, as defined herein. (Fiscal Impact) PASSED ON FIRST READING by the following vote:
  - Ayes: Brown, Fewer, Haney, Mandelman, Mar, Peskin, Ronen, Safai, Stefani, Yee
  - Absent: Walton

## Extracted text

### [Page 17](https://sfbos.info/documents/598/2019-06-18-minutes#page-17)

Board of Supervisors                             Meeting Minutes                                                 6/18/2019




COMMITTEE REPORTS


Recommendations of the Budget and Finance Committee
            President Yee requested File Nos. 190545, 190546, 190571, and 190572 be called together.


190545 [Appropriation - Hetch Hetchy Power and Water Revenue Bonds - Power Capital
       Improvements - $27,922,599 - FY2019-20 - De-Appropriation and Re-Appropriation -
       Capital Projects - $75,911,397 - De-Appropriation Power Capital Projects -
       $15,000,000 - FY2018-19]
            Sponsors: Mayor; Peskin
            Ordinance appropriating $27,922,599 of Hetch Hetchy Power and Water Revenue Bonds for the
            San Francisco Public Utilities Commission (SFPUC) Hetch Hetchy Capital Improvement Program
            for FY2019-2020, decreasing Hetchy Power and Water Revenue and increasing Hetchy Power
            and Water Revenue Bond sources by $21,561,397 and de-appropriating and re-appropriating
            $75,911,397 of Hetch Hetchy Capital Project appropriations for FY2019-2020, approved by
            Ordinance No. 139-18, de-appropriation of $15,000,000 Streetlight funding in FY2018-2019 and
            placing $27,922,599 of Power and Water Bonds, by project on Controller’s reserve subject to the
            Controller's certification of funds availability, including proceeds of indebtedness, and for
            construction related expenditures (excluding program management, planning and design) for
            these projects, as applicable, is also subject to the prior occurrence of the SFPUC's and the Board
            of Supervisors' discretionary adoption of California Environmental Quality Act findings for projects,
            following review and consideration of completed project related environmental analysis, where
            required.
            (Fiscal Impact)
            PASSED ON FIRST READING by the following vote:
                 Ayes: 10 - Brown, Fewer, Haney, Mandelman, Mar, Peskin, Ronen, Safai, Stefani, Yee
                 Absent: 1 - Walton


190546 [Amending Ordinance No. 142-18 - San Francisco Public Utilities Commission
       Power Revenue Bond Issuance - Not to Exceed $199,898,526]
            Sponsors: Mayor; Peskin
            Ordinance amending Ordinance No. 142-18 to authorize an increase of 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) to an aggregate principal amount not to
            exceed $199,898,526 from $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), including
            amendments to the Charter of the City and County of San Francisco enacted by the voters on
            June 5, 2018, commonly referred to as Proposition A; authorizing the issuance of Power Revenue
            Refunding Bonds; declaring the official intent of the Commission to reimburse itself with one or
            more issues of tax-exempt or taxable bonds or other forms of indebtedness; and ratifying previous
            actions taken in connection therewith, as defined herein.
            (Fiscal Impact)
            PASSED ON FIRST READING by the following vote:
                 Ayes: 10 - Brown, Fewer, Haney, Mandelman, Mar, Peskin, Ronen, Safai, Stefani, Yee
                 Absent: 1 - Walton




City and County of San Francisco                        Page 540                              Printed at 11:20 am on 7/16/19
