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Board approves multi-hundred-million PUC bond and appropriation package to fund water, power and wastewater projects
Summary
The San Francisco Board of Supervisors unanimously adopted multiple ordinances on June 12 authorizing revenue bonds and appropriations for the San Francisco Public Utilities Commission (SFPUC) to fund capital projects for the power, water and wastewater enterprises.
The San Francisco Board of Supervisors unanimously approved a package of revenue bond and appropriation ordinances on June 12 that the city said will fund capital projects for the San Francisco Public Utilities Commission (SFPUC).
The ordinances and appropriations, taken together as Items 1 through 6 on the agenda, authorize the issuance or appropriation of several revenue bond measures for SFPUC enterprises. The measures as described at the meeting included: authorization of power revenue bonds up to approximately $155,000,000 (Item 1); water revenue bonds up to approximately $478,000,000 (Item…
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