Of late were going resuming again, were on item 13. And madam chair just to perhaps help people budget their time out there i want to remove from the calendar items 15 and 16 and hope they i am e come back with a clearer presentation with the just want to manuals there are a lot of red lining thats hard to figure out that is new and indifferent. Is that in agreement with you. Yes. Very good. Item 13 and authorize an agreement mapping 8 million 5 hundred thousand for at agreements for mocking son realignment project. Any questions for us on that one. I dont have any. I have a motion all in favor, say i. I. Opposed . Okay. The item carries. Im going to ask for Public Comment laughter . Got it. Consistent is is unfortunately okay. Removing 15 and 16 next item and for the power enterprise and issue the power enterprise bonds to fund and mapping 48 million a. Not to exceed 48 million. Charles k f o the second day on the job so far so good im pleased to present you to something weve been wor
Process and the last factor with the contractor we put the fee as part of the Selection Process theyre putting a few down that will bind them as part of the process and thats where alicia is saying their fees are reasonable still igniting quite good ensue i understand that we want to make sure we get a lot of expedition o competition and i believe that on probably one of the next ones under construction were going to get 13 or 14 bidders but nephews specialized people had to weigh in it cost a lot of money to put the proposals together so sometimes, its hard. On this request for proposals we the get requests to reduce the qualifications for other if the court please we didnt think this this case it would be something we should do so we kept the qualifications we went out with. Or are pleased that that. I am and ill be pleased to move the item. Second. All in favor, say i. Opposed . The motion carries. I am going to call a very, very short recess now id like to get this meeting ended by
Bonds we worked hard over the last five or six years on the hetch hetchy power and waterside if you look at the Financial Statements youll see hetch hetchy power and water separate you want to be clear about the revenues repaying our bonds you have to a rate setting process beginning in needing o 2010 we renewed those rates having predictable rate is important for the stakeholders weve separate our capital when i look at the hetch hetchy side of the house youll see things clearly speculated before power or water or earlier this joint category as well those are promotions that serve power and Water Operations and those costs are split between the 20 two sides of the house we metabolic agencies that was an important step to stick 0 our toe in the water so to speak we got favorable opinions well go for a formal rating well share in the next month or so as i noted we balanced our longterm plans which was not only important for that purpose but we needed to balance our Long Term Plan but sh
Were going resuming again, were on item 13. And madam chair just to perhaps help people budget their time out there i want to remove from the calendar items 15 and 16 and hope they i am e come back with a clearer presentation with the just want to manuals there are a lot of red lining thats hard to figure out that is new and indifferent. Is that in agreement with you. Yes. Very good. Item 13 and authorize an agreement mapping 8 million 5 hundred thousand for at agreements for mocking son realignment project. Any questions for us on that one. I dont have any. I have a motion all in favor, say i. I. Opposed . Okay. The item carries. Im going to ask for Public Comment laughter . Got it. Consistent is is unfortunately okay. Removing 15 and 16 next item and for the power enterprise and issue the power enterprise bonds to fund and mapping 48 million a. Not to exceed 48 million. Charles k f o the second day on the job so far so good im pleased to present you to something weve been working on
With the just want to manuals there are a lot of red lining thats hard to figure out that is new and indifferent. Is that in agreement with you. Yes. Very good. Item 13 and authorize an agreement mapping 8 million 5 hundred thousand for at agreements for mocking son realignment project. Any questions for us on that one. I dont have any. I have a motion all in favor, say i. I. Opposed . Okay. The item carries. Im going to ask for Public Comment laughter . Got it. Consistent is is unfortunately okay. Removing 15 and 16 next item and for the power enterprise and issue the power enterprise bonds to fund and mapping 48 million a. Not to exceed 48 million. Charles k f o the second day on the job so far so good im pleased to present you to something weve been working on for a long an authorization request for an establishment bond program and bring forward the first bond sale for this spring just quickly a couple of slides the hetch hetchy as a power operation and waterside it is funded throu