SF QuorumQuorum
Back to legislation
Ordinance#220499Passed
In plain English

This ordinance allows the San Francisco Public Utilities Commission to issue up to $140.9 million in bonds to fund various capital projects for the Power Enterprise. It also includes provisions for refunding bonds and confirms the Commission's intent to reimburse itself for related expenses.

Ordinance authorizing the issuance and sale of tax-exempt or taxable Power Revenue Bonds and other forms of indebtedness (as described below) by the San Francisco Public Utilities Commission (SFPUC) (“Commission”) in an aggregate principal amount not to exceed $140,889,875 to finance the costs of various capital projects benefitting the Power Enterprise under the Charter, including amendments to the Charter 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.

Introduced: May 2, 2022
Final action: Jun 24, 2022
Official record ↗

How it got here

Document trail
PDF ↗
Leg Dig Ver1
Official legislation text
PDF ↗
PDF ↗
PDF ↗
BLA Rpt 052522
Budget and Legislative Analyst
PDF ↗
PDF ↗
PDF ↗
Leg Dig Ver2
Official legislation text
PDF ↗
PDF ↗
PDF ↗
PDF ↗

How they voted

PASSED ON FIRST READING
Board of Supervisors · Jun 7, 2022Pass
5-0
AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLE
Budget and Appropriations Committee · May 25, 2022Pass
2-0
RECOMMENDED AS AMENDED
Budget and Appropriations Committee · May 25, 2022Pass
2-0

Legislative journey

Clerk of the BoardMay 2, 2022
·RECEIVED
PresidentMay 3, 2022
ASSIGNED
Budget and Appropriations CommitteeMay 25, 2022
RECOMMENDED AS AMENDEDPass
AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLEPass
Board of SupervisorsJun 7, 2022 – Jun 14, 2022
PASSED ON FIRST READINGPass
FINALLY PASSEDPass
MayorJun 24, 2022
APPROVED
Clerk of the BoardFeb 10, 2023 – Nov 3, 2023
·RECEIVED FROM DEPARTMENT
·RECEIVED FROM DEPARTMENT