SFGTV September 4, 2013
Everyones recollection in 2007, proposition a allowed us to issue Revenue Bonds at this time. Both you and the board of supervisors have to authorize the issuance and the controller has to certify that we have the Financial Capacity to pay the annual debt service. In 2012 we issued our first Revenue Bonds and got our first set of ratings which were split. Moody was a a and single a and we had a former policy to issue our Revenue Bonds for state of good repair projects of primarily and to fund gaps where they werent available. So, our state of good repair needs are quite significant as im sure ...