Lot of run off on concrete and the in oceanow is the drought were monitoring the underground. Actually in two ways one were Telegraph Hill monitoring the ground water wells this is a pretty productive aqua a strong radiant flowing out to the ocean so San Francisco is were lingus freshwater to the ocean were hoping to attach catching in the Ground Program also here in the civic scienter we do sub surface dewatering because of the high ground water it is decreased a little bit not much f were working with the dpw on the underneath the plazas to use it for truck filling and sweep sweeping because of two of ground water that ground water is staying stable so for. Thank you. The other point and maybe i want to talk about it is that weve sort of changed the way we operate our system because of the shut downs we want to make sure we have water in the local reservoir when we should you we have to take care of everyone and whatever we have a shut down on the hetch hetchy side whether because in
40 percent more than bids than bonds we have a strong name recognize and the fact that is a below market rate credit and brand new opportunity for investors to buy our bond 32 million was designated as green bond that was the first green bond issuance for the city of San Francisco and were proud and the opportunity to draw new investors we had one investor brick and rich capital sought us out an environmentally social responsible fund they bought those railroad and a chunk was bought by the investors we are trying to spread our name around to get new investors and opportunities for folks to buy our bonds with that, id like let you know which was a good sale i want to thank rich if you could wave and say hello hes this depth manager and a wonderful active smart team that is doing all this and g did a lot of the heavy lift. Thank you both and the team. That concludes my report. Any Public Comment on the 1ygsd report. Mr. Brooks. Eric brooks pour the San Francisco green party and little l
Any announcements . Questions great, thank you at all did first item. Call to order of roll call. Well done a role of sorts of on to item 2. Approval the loovks approval of the minutes for the special meeting colleagues you have the note any questions or comments changes seeing no comments open up for Public Comment on our minutes any Public Comment on this item . And seeing none, Public Comment is closed and if we could have. So i move approval of the minutes. Second by commissioner crews and well need to roll call vote well take that without objection. Okay. Well ago ton to we need a change of order of anything item 3. Item 3 consideration and approval of the final lafco budget for 20152016. Jason fried executive officer the budget is a relatively the same as presented in the budget of last month one small change as discussed at the meeting were going to be changing the process to reinforce the city clerk well be making i paying for it as needed basis this not to exceed rates and als
I want to thank rich if you could wave and say hello hes this depth manager and a wonderful active smart team that is doing all this and g did a lot of the heavy lift. Thank you both and the team. That concludes my report. Any Public Comment on the 1ygsd report. Mr. Brooks. Eric brooks pour the San Francisco green party and little local grassroots on the last part of the report just want to put in a request from the public that we see a report sent in from staff that scopes out h bonds and green bonds and all the power bond capacity so we know what we are dealing with and how theyll be used hypothetically to build for sf clean power are any program like Treasure Island or biophysicistayview. Any other Public Comment okay seen if you could call the consent calendar. Item that a consent calendar Consent Agenda are considered by the board be enacted by one resolution in the form or forms listed below. If discussion is desired, that item will be removed from the Consent Agenda and will be
And good afternoon charles commissioners, i handed out a couple of slides i dont have a followup presentation on the bond sale we typically brought to your attention and this was the first sale we have 3 fully operating water sewer and the power enterprise our first sale under 40 million and the average maturity was 14 years and the average costs 3 hunters. 9 percent and overprescription 40 percent more than bids than bonds we have a strong name recognize and the fact that is a below market rate credit and brand new opportunity for investors to buy our bond 32 million was designated as green bond that was the first green bond issuance for the city of San Francisco and were proud and the opportunity to draw new investors we had one investor brick and rich capital sought us out an environmentally social responsible fund they bought those railroad and a chunk was bought by the investors we are trying to spread our name around to get new investors and opportunities for folks to buy our bon