SF QuorumQuorum
Back to legislation
Ordinance#230665Passed
In plain English

This ordinance allows the San Francisco Public Utilities Commission to issue up to $358,985,453 in bonds to fund various water projects. It also authorizes the refinancing of existing water debt and confirms the Commission's intent to reimburse itself through these bond issuances.

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 (“Commission”) in an aggregate principal amount not to exceed $358,985,453 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 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: Jun 6, 2023
Final action: Jul 28, 2023
Official record ↗

How it got here

Related / predecessor legislation
↑ predecessor#061297— not yet in database
↑ predecessor#081453— not yet in database
Document trail
PDF ↗
Leg Dig Ver1
Official legislation text
PDF ↗
PDF ↗
PDF ↗
BLA Rpt 061423
Budget and Legislative Analyst
PDF ↗
PDF ↗
PDF ↗
PDF ↗
PDF ↗

How they voted

PASSED ON FIRST READING
Board of Supervisors · Jul 18, 2023Pass
5-0
CONTINUED ON FIRST READING
Board of Supervisors · Jul 11, 2023Pass
5-0
RECOMMENDED
Budget and Appropriations Committee · Jun 14, 2023Pass
3-0

Legislative journey

Clerk of the BoardJun 1, 2023
·RECEIVED
PresidentJun 6, 2023
ASSIGNED
Budget and Appropriations CommitteeJun 14, 2023
RECOMMENDEDPass
Board of SupervisorsJul 11, 2023 – Jul 25, 2023
CONTINUED ON FIRST READINGPass
PASSED ON FIRST READINGPass
FINALLY PASSEDPass
MayorJul 28, 2023
APPROVED
Clerk of the BoardNov 28, 2023 – Apr 7, 2026
·RECEIVED FROM DEPARTMENT
·RECEIVED FROM DEPARTMENT