Athlete ladies and gentlemen, good afternoon and welcome. This is the regular meet of the land use and Transportation Committee. I am Supervisor Malia Cohen, chair of this committee and to my right is vicechair wiener and supervisor kim. Were joined by supervisor mark farrell, who will discuss one of the items on the agenda. Just a point of housekeeping, first of all, we need to keep our voices down. I want to recognize that we have an overflow room in the north light court. If anyone has who is in this chamber, who does not have a seat, please go to north light court. Also just want to recognize that we have translation for folks that need translation, both in english excuse me, chinese, as well as spanish. Our clerk is ms. Andrea ausberry and want to recognize the talented folks at sfgovtv, jesse larson and leo, who will be broadcasting this committee on sfgovtv. Thank you very much. Madame clerk, any announcements for us today. Yes, please science all Electronic Devices and submit a
Were joined by supervisor mark farrell, who will discuss one of the items on the agenda. Just a point of housekeeping, first of all, we need to keep our voices down. I want to recognize that we have an overflow room in the north light court. If anyone has who is in this chamber, who does not have a seat, please go to north light court. Also just want to recognize that we have translation for folks that need translation, both in english excuse me, chinese, as well as spanish. Our clerk is ms. Andrea ausberry and want to recognize the talented folks at sfgovtv, jesse larson and leo, who will be broadcasting this committee on sfgovtv. Thank you very much. Madame clerk, any announcements for us today. Yes, please science all Electronic Devices and submit all speaker cards to the clerk. Items acted upon today may be appear on the [speaker not board of supervisors agenda unless otherwise state ladies and gentlemen, please turn your cell phones off or on vibrate. Item 1 is a motion amending t
Few sprinkles out there somewhere and for the west and of the bay bridge out toward the snow bridge. Dealing with some adjusted light rain lot significant other foggy conditions and the difference in the ceiling height dealing with low cloud cover along the coastline and hard Cloud Visibility out a look at similar radar. Itll have much aback and but most of that will contink its way east we are seeing snow showers and Sierra Nevada. We maintain dry conditions mostly clause in the afternoon and tomorrow will be a foggy start and then returns as we head into tomorrow night. Weather for the and the weekend hitting an early next week. Try break as it happened tuesday wednesday but with a stronger system heading in our direction talk but the bigger storm estimated under the news this morning top store for a third light of day. Demonstrators going against the grand jury decision not to indict a Police Officer. A chuckle death of art garner protestors the burly force the closure of was the co
The budget where and how we purchase power. So thats not funded through bonds. Thats really funding through the currents rates and charges. Also to tie into the bonds, these bonds we have to have revenue actually pay for the bonds. From the sales of the power . From power operations. So we probably getting some good rates for capital power assets to deal now but we have to pay, have the receive revenue to pay down on those bonds. In essence we cant get as many bonds as possible but we can get to afford to pay. Hence the question about customers to generate the revenue, correct . We need to have paying staying customers that credit agencies and bonds will look to those and say they are going pay their bills on time. Right. That conversation will happen more in depth . The presentation, the ratings agencies is on slide 11 that it will be over june july of midyear. We have a very good story to tell to the general departments that we are able to provide very low cost power to those departm
Are here and it gives us a lot of opportunity to key this in the front of our minds as well as we go into budget deliberations and where we may have capacity look at revenue bonding as a source. With that, im happy to answer any questions. Commissioner vietor . I have a question and sorry, im missing the gene when i was born about getting my head around this. I know some of the questions i seem to ask repeatedly. I dont know when its going to appear, when the conversation happens where once we use our hechy power and what happens when the water to generate power, do these bonds help back fill . Can we specify the kind of power that we are buying is the end question that i want to get to. Weve talked a little bit about this and my trying to understand. I did have some concerns about the environmental policy perspective that what we had to do especially in line light of our power station going out in the rim fire and in the market having to buy the dirtiest cheapest power possible and wh