San Francisco City Charter: Water, Clean Water, and Power Revenue Bonds

In June 2018, San Francisco’s Proposition A amended the City Charter to make clear that no matter where a project was located, so long as a project furthered the purposes of the utility, the San Francisco Public Utilities Commission would be able to finance the project. As amended, in relevant part, the Charter now specifies:

"the Public Utilities Commission is hereby authorized to issue revenue bonds ... for the purpose of reconstructing, replacing, expanding, repairing, or improving water facilities, clean water facilities, power facilities, or combinations of water, clean water, and power facilities ... for any [] lawful purpose of the water, clean water, or power utilities of the City... ."

Download the complete City Charter section by clicking the link below.