chris has also reunited with his old pal adam sandler in a new netflix movie. this is throwback thursday, we turned back the clock to their "snl" days. >> we were officemates. i was there when rock was writing "i'm chilling." >> yo yo yo yo, what's up? welcome to "i'm chillin." >> me, sandler, farley, and spade shared an office. >> come on! >> yeah. that was the best. >> those were the best times of our lives. this is nice, but it's not as much fun as -- >> yeah, we were young and eating a lot of chinese food. >> those good ol' days were in the early '90s. but these funny guys first met when they were in their late teens doing stand up in new york. >> when did you guys really know you made it? >> you know, when i knew you made it, i had "head of state" out, was doing okay second weekend. and i thought, oh, we're going to be number one. and then "anger management" comes out does like $50 million. crushes us. and i go, hmm, sandler's made it. >> i enjoyed that moment. hurts you. that's what you get man. i told you stay away from me. >> from then on, only going to

commissioners, eric sandler, c.f.o. of the p.u.c. i'm here to talk about a proposed credit agreement supporting citiwide roll out of clean power s.f. i wanted to spend a few minutes -- what i wanted to talk about today is first our initial launch financial strategy, talk about the growth plans and our financial strategy for growing this programme and then get into some of the specific terms of the agreement. so, you may remember that september 2015, we were trying to organize clean power s.f. as a separate entity with its own sets of revenues, expenses, assets and liabilitieses. in order to -- with a separate net revenue pledge from the power enterprise in order to establish a ratable credit going forward. and what this meant was, as i mentioned, separate accounts as well as an endenture that, for the power enterprise that excluded can clean power revenues and expenses. when we were talking to banks and we went out with an r.f.p., no banks were willing to extend credit to clean power on its own. and so it required limited financial s

it's not dissimilar from an earlier film of anderson's called "punch drunk love," which starred adam sandler emily watson. george: a lot of people have heard of, yeah. piers: and it also was kind of off putting. george: so, your next favorite film nominated for best picture, this is one that people have been talking about a lot, "call me by your name." let's take a quick preview of that film. male: so, what do you do around here? male: read books, transcribe music, swim at the river, go out at night. male: sounds fun. male: all right, later. george: tell me about this one then, piers. what's attracting audience this year? piers: well, first of all, it is a beautifully shot love story. george: just the video is very nice. piers: it's a stunning film to look at. it's about these two young men who fall in love, it's set in northern italy in the early '80s. and it's a beautiful, funny, sweet film throughout the movie. it stars timothee chalamet, who's nominated for best actor, and armie hammer is the slightly older man that he falls in love with. and michael stuhlbarg plays his father, who is ab

that will continue and hopefully sandler will participate in that m&a.uals, i think the tax cuts are very good now they're not good for me or you because as jersey or -- jersey or new york city residents, it's a tax hike i don't know why people are -- i pay a lot more taxes now as a city resident because i don't get the state and the local and we're a partnership so we're not a corporation so i get no benefit from that. i'm not crying about that, by the way. we've done very well through this whole period of time, but i think that banks' customers are going to do better i think banks will have more money for dividends, for buy backs. i think that rising interest rates to a point are incredibly valuable to their spread balance sheet and as long as we don't go all the way to a real inflationary type of thing, i think that banks will really outperform now yesterday they were down almost 5% so they were a worst performer. i'm not sure that equities will be up for the year, but i think financials will outperform at this point in time. >> do you feel good about

sandler, mr. heinz, ms. hale and their work. to commissioner vietor's point and the discussion that happened, we definitely want cleanpowersf to have its own credit rating so we can use the existing authority to issue revenue bonds versus general obligation bonds to build stuff, energy infrastructure that we keep talking about over and over. so, anything that we can do to get that credit rating, which we definitely made very clear to staff, we are supportive of and to the extent that this holding to this for a year or two might get it done, we really need that credit rating. the power enterprise does not want to take the weight -- cleanpowersf to the commission and the advocates have had for many, many, many years now. i think the question which hopefully could get elaborated a little more now is how the cash reserve covenant that was mentioned will impact local buildout. i know in the -- i can't remember the name of the financial document but kind of the allocation of revenues going forward through i think 2022 that we had orig

sandler will do a presentation one by one on all four items after which we'll have time for public comment. all right. >> item 10 is a discussion and possible action to adopt the biennial operating and programmatic promise budgets for the interprice and bureaus opportunitieder jurisdiction of the fiscal year 2018-19 and 2019-20. and discussion and possible action to adopt the two-year capital budget of the sfpuc, authorize the general manager to seek approval for supplemental appropriations for the sfpuc enterprises for fiscal year 2018-19 and 2019-20 and authorize the general manager to submit to the board of supervisors proposed ordinances authorizing the issue want of $496,677,886 aggregate principal amount of water revenue bonds and other forms of indebtedness including commercial paper and state revolving fund loans and $982,843,065 aggregate principle amount of wastewater revenue bonds and other forms of indebtedness including commercial paper and state revolving fund loans and two, $154,928,0 at in aggregate principal amount of power revenue bonds and other forms of indebtedness. an