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Ordinance#220500Passed
In plain English

This ordinance allows the San Francisco Public Utilities Commission to issue up to $704.2 million in bonds to fund various wastewater projects. It also permits the refinancing of existing debt related to the Wastewater Enterprise.

Ordinance authorizing the issuance and sale of tax-exempt or taxable Wastewater 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 $704,198,901 to finance the costs of various capital wastewater projects benefitting the Wastewater 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 Wastewater Revenue Refunding Bonds and the retirement of outstanding Wastewater Enterprise Commercial Paper; 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.

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

Document trail
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Leg Dig Ver1
Official legislation text
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BLA Rpt 052522
Budget and Legislative Analyst
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Leg Dig Ver2
Official legislation text
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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 – Jul 8, 2025
·RECEIVED FROM DEPARTMENT
·RECEIVED FROM DEPARTMENT