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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.
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
PDF ↗Official legislation text
PUC Reso No. 23-0038 021423
PDF ↗Resolution
PDF ↗
PDF ↗
BLA Rpt 061423
PDF ↗Budget and Legislative Analyst
PDF ↗
PDF ↗
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How they voted
FINALLY PASSED
Board of Supervisors · Jul 25, 2023Pass
5-0
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