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Commission authorizes wastewater enterprise commercial paper use for interim CIP financing
San Francisco Public Utilities Commission · November 10, 2009
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Summary
The commission authorized use of the wastewater enterprise's commercial paper program to provide interim financing for cash-flow needs on additional capital improvement projects ahead of long-term bond sales expected in early 2010.
The commission voted to authorize the wastewater enterprise to use its commercial paper program for interim financing of capital improvement projects, Assistant General Manager and CFO Todd Reedstrom told…
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