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Ordinance#220502Passed
In plain English

This ordinance allows the San Francisco Public Utilities Commission to issue up to $141.4 million in bonds to fund various water projects. It also authorizes the refinancing of existing water-related debt and confirms previous related actions.

Ordinance authorizing the issuance and sale of tax-exempt or taxable Water Revenue Bonds and other forms of indebtedness (as described below) by the San Francisco Public Utilities Commission (SFPUC) in an aggregate principal amount not to exceed $141,418,472 to finance the costs of various capital water projects benefitting the Water 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 Water Revenue Refunding Bonds and the retirement of outstanding Water Enterprise Commercial Paper; declaring the Official Intent of the SFPUC 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

FINALLY PASSED
Board of Supervisors ยท Jun 14, 2022Pass
5-0
PASSED ON FIRST READING
Board of Supervisors ยท Jun 7, 2022Pass
5-0
AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLE
Budget and Appropriations Committee ยท May 25, 2022Pass
2-0
RECOMMENDED AS AMENDED
Budget and Appropriations Committee ยท May 25, 2022Pass
2-0

Legislative journey

Clerk of the BoardMay 2, 2022
ยทRECEIVED
PresidentMay 3, 2022
โ†’ASSIGNED
Budget and Appropriations CommitteeMay 25, 2022
โœ“RECOMMENDED AS AMENDEDPass
โœŽAMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLEPass
Board of SupervisorsJun 7, 2022 โ€“ Jun 14, 2022
โœ“PASSED ON FIRST READINGPass
โœ“FINALLY PASSEDPass
MayorJun 24, 2022
โœ“APPROVED
Clerk of the BoardFeb 10, 2023
ยทRECEIVED FROM DEPARTMENT
Public Utilities CommissionApr 4, 2024
ยทRESPONSE RECEIVED