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AgdaPkt 2009-06-22 clsd and jnt
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AgdaPkt 2009-06-22 clsd and jnt
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Last modified
9/24/2013 12:22:20 PM
Creation date
6/18/2009 4:10:58 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
6/22/2009
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Major Pr isions . � . <br /> e a ment of San Franc�sco s Ca �tal <br /> p Y p <br /> I nvestments i n the Re iona I Water <br /> g <br /> Syste m <br /> Cha nge i n method f rom the existi ng agreement <br /> — Wholesale Customers will pay a proportionate <br /> share of debt and revenue funded projects <br /> "Cash Method" is better tha n " Uti I ity Method" <br /> 1 . Sa me average wholesa le rate i ncrease over the <br /> next seven years (under the existing rate structure) <br /> 2 . Saves $270 M i I I ion over the next 25 yea rs <br /> 3 . Avoids saddling future generations with debt <br /> 4. I m proves bond buyer outlook a nd i nterest rates <br />
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