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Committee approves $12 million release for SFPUC Transmission Lines 7–8 upgrade
Summary
The Budget & Finance Committee voted 3–0 July 27 to release $12 million in mitigation reserves to the San Francisco Public Utilities Commission for upgrades to Transmission Lines 7 and 8, part of a project estimated at about $37.97 million; officials said mitigation payments and Hetch Hetchy capital will cover the project.
The Budget and Finance Committee on July 27 declared the release of $12,000,000 in mitigation reserve funds to the San Francisco Public Utilities Commission for the Transmission Lines 7–8 upgrade project and filed the hearing, forwarding the matter with a positive recommendation to the full Board.
The funds are mitigation payments that developers pay when new generation projects affect SFPUC energy assets, not city general or ratepayer funds. Margaret Hannaford, division manager for Hetch Hetchy Water and Power, said the total project…
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