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
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 through water rates and bonds were talking about our side of the house up until now those operating and Capital Needs funded through power revenu
Multi families this helps the effort and constantly take into account new community are in order to get success and then briefly the success today so the work that the department has done with our Small Businesses and multi family buildings has ruled in 42 million that those businesses and multi family buildings are saving theyre paying 42 million less to pummeling and keeping that we think this is a valuable model and program weve presented over 21 million incentives Cash Incentives going to the Business Owners and the owners of the multi buildings and over 10 thousand businesses in San Francisco and over 4 thousand multi family it is a Successful Program the a and e before you to continue that effort in the next fiscal year and my colleague alison will share the plans for this upcoming fiscal year. Good morning, supervisors our plans for the coming year as opted to the last two year a two year cycle this is for a one year funding for the calendar year 2015 to continue to do our outre