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PUC seeks revenue-bond authority for power projects; committee to continue item after amendments
Summary
The Public Utilities Commission presented a charter amendment to allow revenue bonds for new power facilities to expand clean-energy capacity; the committee accepted sponsor amendments but continued the charter item to the next meeting because amendments to charter items require a continuance.
Barbara Hale, Assistant General Manager for Power, presented a charter amendment to allow the Public Utilities Commission (PUC) to issue revenue bonds for new power facilities. Hale said existing charter authority limits revenue bonds to certain water and wastewater facilities and restricts power facilities financing; expanding authority would let…
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