Important role in the 70s when it agreed that there would egging degrees things regarding the Treatment Plant and there was mitigation which was 18 oakdale so dont take the 18 oakdale one thing to stay something about dr. Espanola jackson i talked to her daily and with her for a long time when they inspires me in my work. So dont take it lightly im watching i like a hawk i can promise whatever you want to or twhofr you want to say that and the another before you i know her intentions and some of the intentions expresses were dealing with very serious issues with the infrastructure but for you, you all in the know we have a situation now we have to deal with a bubble economic bubble for those of you who dont know economic bubble i will suggest you read on it the Business Times you can start with the Business Times so a couple of months well face the economic bubble and all the talk will go by the way side like shaft and those who have real plans plans with the imperial data will stand the test of time thank you very much. Thank you, mr. Drake mire. Welcome. Thank you good afternoon peter with the tall river trust i was here a couple of weeks ago and expressed our concerns with the Socio Economic study on october 9th and since then is that i have been referenced in a presentation and theyre included in a chronicle article yesterday im concerned it is putting us in an adversarial position we dont want to be there weve accomplished a lot working together and timed to share with you an analysis of the Socio Economic study and hope to get those to the two commissioners not here prototype look this and if you have questions ill be happy to answer them or try i think there are opportunities to Work Together for example, really encouraging that my increased in stream is proportional to dpishgs walk the sfpuc it responsible for a 20 percent over the last seven years we can do that and im concerned that the Socio Economic study is using a workload the 57 percent with a determination per the fourth agreement and my sense that is putting sfpuc on the record as acknowledging that will be the share now in presentations with the 125i9 water board we reverse reserve the opportunity to challenge the fourth agreement every time those figures are used it puts us in a position the issue of krib8g9 if you once again stand by the Socio Economic study thats where we are now but if you think there are errors it is important to correct the record thank you very much. Any is there any additional Public Comment . Good afternoon commissioners eddy with bright line defense and sorry to i think data with you paper theres been 5 total letters that came out in the last week on an issue calaveras a state mapping tool that identifies the Disadvantaged Community in the need of investment through both green house reduction funds and whether that is workforce or environmental and others social Justice Policy making tools so the 56 letters are basically grouped into that as you can see first is the Communities Coalition out of bayview Hunters Point and pleased to see calaveras screen 3 point owe bayview Hunters Point is included one of the things that is highlighted rooechd the caucus and the city let them we shouldnt be focused on Hunters Point but the bay areas is underneath the tool and youll see this repeatedly in the mayors cover letter the Sf Department of health letter, the San FranciscoPublic UtilitiesCommission Letter and finally, the bayview caucus talked about how the tracking of the number is underneath the versions tool from 4. 2 from all disadvantaged to merely 2 had the 8 disadvantaged and it didnt make sense considering 19 percent in a densely populated area and 24 percent of Green House Gas emissions occurring this in the bay area and given everything this is said in the press by wraig income and quality when we look at the state tool we adequately identify the disadvantaged communities and are able to target the public dollars appropriately towards them so all communities can rise together thank you to 9 california protection agree so we could a look at other communities across the bay windows as include them appropriately and thank the San FranciscoPublic Utilities commission for its leadership on the issue particularly harlan kelly and policy analysis yolanda and finally senior environment tyrone that is the commission is familiar with with making sure that the bay area can rise together thank you. Eddy amazing work on that amazing work. Much appreciated thank you. Any other Public Comment . Seeing none, moving on to communication any comments questions about communication provided to the commission . Any Public Comment on communication . Seeing none, moving on to other Commission Business yes i promised to the brief i wanted to announce that the mayors prehit a home run in glen eagles but public works and rec and park will be graduating the ninth class at this point in time will be the winter so no classes in january over the course of the past weeks ive had communications with the folks at the Public Utilities commission and ask the chair to place an item on the agenda dealing with the Workforce Development to kind of have greater than arbitrate at the levels we often dont have an opportunity to have conversation with people in the field dealing with hiring practices but weve agreed on is this a Career Pathway especially for folks in the community with you talk about social justice cant just is that but what it means there is Real Transparency about what the exceptions are what the opportunities are and what the ended result when our successful so to my surprise there is still missing pathways in our own department that exist at rec and park and henrys how with we can come up with the clarifications and create that missing step in the Career Pathway but to examine what guess underway in some of the divisions that are under the guise whose revolved and what their rules and the exceptions are how the organize works and the like i feel like if were going to lead the way we have to lead by example and i think there is still there is still a lot more work to do and hopefully chairman youll take that under it is time and Work Together in 2017 a very good i think that it is great idea and ask that staff work with commissioner courtney to make sure that the specific agenda addresses the particular issues weve had within the last 6 months anyway some presentation on office of economic Workforce Development buses the specification of the additional discretion. Thank you commissioner moran but your private sector pathways it is prematurity for us to criticize what is going on in the private sector especially in the nonprofit that environment when we dont have our own house in order not to be unduly critical but to motivate us at the top; right . But then you have an opportunity to examine had is go on in the private sectors specifically with the nonprofit that the agency is funding and what their mechanisms are for success job placement and training and fields supervision what have you so im looking forward to having a robust communication to make sure we tight things up and tighten the screws where they need to be tight. Any other Commission Business any Public Comment on Commission Business seeing none, the report of general manager completely mr. Kelly. Thank you. The first item an sfpuc update barbara hale. Good afternoon barbara hale assistant general manager for power i want to talk about our cleanpowersf with respect to enforcement and on the procurement regulatory requirement first on the enrollment our Program Continues to successfully Service Customers over 8 thousand customer location were actively serving 74 hundred locations have had a few converges opt out since the may Enrollment Period so we are now at a 2 percent opt out rate for the may Enrollment Group our Fall Enrollment efforts through way are experiencing a very low opt out rate as well 1. 2 percent we received an additional three hundred and 67 upgrades to supergreen a result of one of the roach Community Thanks to the communications go group and to our partners in the Stakeholder Community that is up from 200 and 42 upgrades to supergreen on october 11th customers continue to sign for the future enrollment owl recall that we are totter the First Quarter of calendar year 2017 for the next round of enrollment 200 and 92 exercises couped u cued up thats the enrollments report moving on to the procurement i have been reporting at those session procurement efforts to meet the regulatory requirement ill report out when we have commitments and today, the progress weve made to meet the long term contracting requirement of the state renewable portfolio standard were required under that state requirement to procure zero 3925 percent of electrical sales is from the renewable compliant resource for 10 years or more so thats the regulatory requirement we face given our electricity needed we are required to procure at a minimum about 40 megawatt hours a year thats a as small as amount, in fact, we dont have interested counter parties weve determined the best method to meet the requirement for cleanpowersf is for cleanpowersf to procure from the favorite counter parties hetch hetchy power we propose that cleanpowersf purchase in hetch hetchy a small strip of the generation from the sunset solar generating facility and we will bring that transaction to you for approval by our december meeting thats my report ill be happy to answer any questions you may have. Thank you, commissioners any questions. Any questions from the public. Thank you. Good afternoon. Good afternoon, commissioners good see to see you eric brooks sf green party our city sf clean energy advocates. As well as the green party and local Grassroots Group of our city it is good to once again hear weve got an opt out that is basically one percent i think the main reasons for that were martin this program as a Clean Energy Program not a Choice Program and a Clean Energy Program that will build logically were looking forward i believe next month to get a preliminary report if staff about what theyre looking at for rolling out local build out excuse me on the hetch hetchy matter i think you might have that on another agenda item i heard this issue of hetch hetchy was coming up i think that is a good idea because of way the particular hetch hetchy reservoirs operates and is already in existence to draw on hetch hetchy power and to draw on hetch hetchy facilities, of course, to put up solar panels and sell energy to cleanpowersf i think that is very important though for folks to understand especially with the new science that is merging that lapsing ohio power is not Carbon Neutral it releases meth and Carbon Dioxide you have a large body of water encouraging bio logical activities for mick crows kroebz and other animals that releases methane a lot of reservoirs in temperate compliments didnt have that problem new study you shows it has that problem that traumatic trap ice cream the carbon if dams is added bad as coal we need to make sure were mindful that there is a Green House Gas from the reservoir and the reservoirs and that has we go for an exemption for example, to continue to be allowed to use hetch hetchy power that is important as a transition were not subscribing as carbon free or Carbon Neutral it is not ill encourage you to have staff use the way they describe the request for that so that theyre not saying carbon free or Carbon Neutral it is not true thanks. Thats an interesting point and come down to which came in first, the waters for reservoirs and generate electrical as a counterpart what you contribute to that methane to say mr. Kelly. It is interesting for to say dams are as bad as coal interesting. Im sorry. Eric mentioned that water stored by dams is as bad as coal i think that is pretty oh, okay. Okay. Okay. Thank you back to you for additional general manager. Oh, im sorry any more Public Comment i see i in the back mr. Freed. Next a drought update steve richie and you took the words out of my mouth for water ive been pga on written reports for several meetings but weve gotten storm activity it is good to present to bring up the slides please a familiar chart of reservoir storage level it shows storage at the hetch hetchy is 77 percent and water bank 86 percent and total storage 78 percent so were doing good on storage this is definitely above the levels for this time of year for hetch hetchy below the water bank but there is water coming in as a result of the storm last weekend and the storms we expect this week briefly statewide doma pedro is close to it lake showcase at a doing well and others not doing wells certainly people are arguing if were in the drought it xoornt what we do well operate the 1345u but concerns in the southern half the state there is little precipitation this year and were not, true out the drought and certain the governor and the administration will be acting that way well following that closely and this is our precipitation chart we have on the lower left a beginning of a red line above where we are in normal times and blow the 1983 for a few weeks this is the wettest year weve had that may change rapidly our we have a wet october correlates fairly well with a wet year it didnt happen that way every year this is a happenstance so no show pack the roads are closed by the storm a sprinkling of the elevation nothing more than that heres the precipitation index and i saw results if yesterday and actually for october we have more than twice the normal precipitation for october up to 3 had the 6 inches with the precipitation so it doubled what we normally get in october with this the storm and the storms this week to come and the same in the bay area twice the amount of perspiration for the whole month of october that was a productive storm the last weekends before this one. And then on the demand front the demand is tracked down this time of year where starting to drop with the curb of demand as we enter the fall reduce the fall in the irrigation and again, people are still conferring not quite as low as last year so the demand is still well below 2013 levels and thats all i have. Okay. Thank you. Commissioners, any questions . Comments . Any questions or comments from the public . Thank you mr. Richie so the next item is the water bond sale results. Eric cfo commissioner moran and commissioners, i have a brief presentation on the results of our water bond fund on october 6th the pricing index closed this week and delivered tremendous savings to the rate payers may i have just a few details the signs westbound 890 million a large issue and funded about one quarter of all our outstanding water bonds the average term was 13 years the sale date was october 64 weeks ago and were that funded outstanding resale and nonresale bonds one of the things we do as part of a bond transaction is seek the credit rates from standard and moody we talk about that when i showed you the wastewater transaction on the rights of this table shows the Investment Grade ratings and youll see triple a is the highest investment rating and the b minus is the second to lowest grade rating we are in the middle low double a if standard and poorest and moody and the reports cited operation and management and rate setting and physique expanding they needed our debt koefshlg rating and well be bringing idea in february when we are talk about financial policy one of the things that we focused on this particular issue through negotiated underwriting through we choose the underwriter ahead of time she heard radio spots and had a nice institutional outreach we recorded on online Investor Presentation and oneonone presentation with 15 institutions and oneonone calls answering questions from credit analysts historically Interest Rates are very good which is why we saved so much money heres a graft of triple a that is over the last 10 years m m. D. Is Municipal Market data for highly rates with a 25 year term this guess the index as you can see what its been from 2006, 2016 as you can see where rates have been and rates are actually never historical lows since 1990s the m m. D. Is only one. 5 percent of the data not only through the past 10 years we had a good Interest Rate market so pricing the bonds was interesting great attractive market sails some interesting trends that made it challenging but were successful treasurer bills