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Supervisors adopt technical amendments and forward SFPUC financing ordinances to full Board
Summary
The Budget Committee adopted technical amendments to seven SFPUC capital appropriation and three debt‑authorization ordinances — including Hetch Hetchy, wastewater and water revenue bond authorizations — and forwarded items 3–9, as amended, to the full Board for its Sept. 15 meeting with a 5‑0 roll‑call vote.
The Budget and Appropriations Committee on Friday adopted amendments to a package of Public Utilities Commission financing ordinances and agreed to forward the measures to the full Board of Supervisors on Sept. 15. The ordinances would appropriate hundreds of millions of dollars in capital funding and authorize revenue bond issuances for the SFPUC’s power, wastewater and water enterprises.
Eric Sandler, chief financial officer for the SFPUC, told the committee the package implements the utilities’ two‑year capital investment plan. ‘‘There are 7 ordinances tied to the implementation of our capital budget,’’ Sandler said,…
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