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Ordinance#220498Passed
In plain English

The ordinance allocates $211,004,676 from various revenue sources for the San Francisco Public Utilities Commission's Hetch Hetchy Capital Improvement Program for the fiscal year 2022-2023. It also places specific amounts of Power and Water Bonds on reserve, contingent on the availability of funds and compliance with environmental regulations.

Ordinance appropriating a total of $211,004,676 of Hetch Hetchy Revenue, Cap and Trade Revenue and Power and Water Revenue Bonds for the San Francisco Public Utilities Commission (SFPUC) Hetch Hetchy Capital Improvement Program for Fiscal Year (FY) 2022-2023; and placing $140,889,875 of Power Bonds and $67,069,801 of 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.

Introduced: May 2, 2022
Final action: Jun 24, 2022
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How it got here

Document trail
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BLA Rpt 052522
Budget and Legislative Analyst
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How they voted

PASSED ON FIRST READING
Board of Supervisors Β· Jun 7, 2022Pass
5-0
RECOMMENDED
Budget and Appropriations Committee Β· May 25, 2022Pass
2-0

Legislative journey

Clerk of the BoardMay 2, 2022
Β·RECEIVED
PresidentMay 3, 2022
β†’ASSIGNED
Budget and Appropriations CommitteeMay 25, 2022
βœ“RECOMMENDEDPass
Board of SupervisorsJun 7, 2022 – Jun 14, 2022
βœ“PASSED ON FIRST READINGPass
βœ“FINALLY PASSEDPass
MayorJun 24, 2022
βœ“APPROVED