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Committee forwards a set of smaller grants and refunding actions to the Board with positive recommendations

Budget and Finance Committee · January 15, 2020
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Summary

The Budget and Finance Committee moved several finance and grant items to the full Board with positive recommendations, including a Hetch Hetchy reappropriation for a PG&E feasibility study, a BART grant for pit-stop restrooms, Port of San Francisco bond refunding, early-care grants and the Bayview Gateway property relinquishment.

The committee advanced a package of non-controversial and technical items to the full Board with positive recommendations.

Item 3: The Public Utilities Commission requested reappropriation of $10,400,000 in Hetch Hetchy Power funds for a fiscal feasibility study into a potential acquisition of PG&E distribution assets serving San Francisco. Barbara Hale said $17,200,000 is needed through the fiscal year, $7,800,000 had previously been appropriated, and the request covers contracted legal and expert…

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