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Ordinance#210649Passed
In plain English
This ordinance allows the San Francisco Public Utilities Commission to issue up to $162.3 million in bonds to fund various capital projects for the Power Enterprise. It also authorizes the issuance of refunding bonds and confirms previous related actions.
Ordinance amending Ordinance No. 172-20, 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) in an aggregate principal amount not to exceed $162,314,897 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 November 5, 2016, 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.
How it got here
Related / predecessor legislation
↑ predecessor#200836— not yet in database
Document trail
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BLA Report 062121
PDF ↗Budget and Legislative Analyst
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How they voted
FINALLY PASSED
Board of Supervisors · Jul 27, 2021Pass
4-0
PASSED ON FIRST READING
Board of Supervisors · Jul 20, 2021Pass
4-0
CONTINUED ON FIRST READING
Board of Supervisors · Jul 13, 2021Pass
4-0
RECOMMENDED
Budget and Appropriations Committee · Jun 21, 2021Pass
1-0
Legislative journey
Clerk of the BoardJun 1, 2021
·RECEIVED
PresidentJun 1, 2021
→ASSIGNED
Budget and Appropriations CommitteeJun 21, 2021
✓RECOMMENDEDPass
Board of SupervisorsJul 13, 2021 – Jul 27, 2021
↷CONTINUED ON FIRST READINGPass
✓PASSED ON FIRST READINGPass
✓FINALLY PASSEDPass
MayorAug 4, 2021
✓APPROVED
Clerk of the BoardJan 14, 2022
·RECEIVED FROM DEPARTMENT