the calaveras dam is a problem. it is one that is taking up a lot of our concern. the other item, we had a bond sale this morning. >> good afternoon. the good news does continue on the financial side of things. borrowing money is still very cheap because there is a lot of maturity. the city sold geo-bonds. seismic upgrade to the general city facilities. we achieved a 2.7% rate for a 20-year bond. 38.4 million was sold this morning in addition to $252 million for san francisco general hospital. just short of a million dollars a year would be savings for taxpayers for the auxiliary water supply system. it is very big news and a continuation of what you have heard recently. happy to answer any questions. >> this will have an impact on the rate issue? >> this is the one unique part of the capital plan portfolio that is covered by the property tax bill. voters put it on the property tax bill as opposed to the water bill. >> we will have a comparable study to see where there have been some incidental or other savings by implication? >> this one will show up by allowing th

the calaveras dam, we are building a dam costing about $400 million. we have also put micro set-asides. we do jock. we are in the midst of starting a construction assistance center. the placement, we have been talking about different locations, but the concept is really to work with the depends so break contracts down and look at the capacity of the l.b.e.'s and try to make a match for the work we can break down. so we are going to offer a lot of courses there. in fact, one of the things that we started doing on our contracts is we start including professional services community benefits. we are asking consultants what can you do in the work that you perform for the p.u.c. to benefit the communities which we are impacting? we are trying it, and we are going some interesting results. a lot of firms are saying we will volunteer time and training, and some will say we will adopt the school. we are trying to incorporate that to help leverage all the work we are coming to build better communities. there is a lot of stuff going on. we do have hand-outs that w

2007 and that magnitude 5.6, five years ago was the biggest earthquake at the time and this is on the calaveras fault. >> you cannot feel a magnitude two? >> no but it is a reminder that there's no bigger threat in the bay area, then earthquakes. the magnitude 2.0. on to sports? >> yes, the oakland a's start a four game series in texas tonight, trailing the rangers by four games for the division lead. clifton pennington had three hits in new york including a two run home run. grant belfour got the save as the a's beat the yankees and stay in the wild-card race. most of the giants' regular spot to rest yesterday after they clinched the division saturday night. but in the ninth buster posing pinch hit with the bases loaded and grounded out but drove in his 98th run of the year. san diego beat san fransisco 6/4 and the giants have today off. the oakland raiders won their first game of the 2012 nfl season. >> perrin mcfadden 64 yd touchdown tying the game at 7 and the raiders went on to beat the pittsburgh steelers in the high scoring affair in oakland 34/31. not so good news for the 49ers to suffe

. >>> and also goes under ground exploring the california caverns in calaveras county. >> follow second look on facebook and twitter. >>> welcome back. tonight we're taking a second look at the career of our colleague of our photo journalist. he did a lot of stories at schools over more than 30 years of shooting news. most of them were routine. back in 1989 he and reporter john fowler found a school where all you could do is strap in and hold on as the coast guard taught its crews how to rescue people in rough seas. >> hang on. hang on. >> the mouth of the columbia river. the rough jewel along the pacific northwest coast. >> it is here in the consistently worst sea conditions anywhere in the u.s., the coast guard trained america's best boat handlers. it's a course in conquering fear. >> if you don't get fear you have insanity in your blood. you are crazy or a fool if you don't get scared. >> the waves up there are breaking. don't >>> the instructors here will teach you three things. how to read the surf, maneuver a boat. but most importantly how to come to grips with your fear and drive

that storm is to the east of milpitas now moving into the hills around calaveras road and sierra roadontinue moving northeast could hit tracy in the next half hour or so, maybe the extreme southern valleys around livermore. all of news the 50s now. coast and bay will see clouds tonight mainly clear inland if you like the weather to be a nonfactor in your weekend got it for you, quiet starting tomorrow through the weekend. let's take a look at lower clouds marine layer is out there, up in the north bay and around the bay that's why we have flight arrival delays into sfo, around 66 minutes. by the afternoon, we have sunshine along the coast, 50s and 60s there, the rest of us in the 70s and 80s. upper 70s to mid 80s across the south bay in between cupertino and san jose 80. low to mid 70s peninsula, redwood city 75, half moon bay 59, daly city 57 sunset could be warmer 60, 65 downtown, 67 south san francisco mid to upper 70s north bay valleys upper 50s to near 60 at your beaches 68 berkeley low to mid 70s, castro valley and fremont 78 warmest east bay valleys mid to upper 80s. 74 santa c

early last decade, they got a notification from california's dam oversight panel that said that the calaveras reservoir, the dam that was holding that back was depleted. if there had been an earthquake, it would have taken that dam down. that is a typical thing that water agencies are facing. they have got to do this kind of work. as a result, they put in a five- year capital plan that would upgrade their water treatment system and strengthen their reservoir system and their pipes all over the bay area of san francisco, but that costs money. as a result of that five-year plan, san francisco turned out to be one of the highest jumps in the survey that we did. their rates went up -- more than tripled over 10 to 12 years as a result of all of that work. host: according to the chart here from your article, their rates went up 210% since the year 2000. darlene is our next caller from rapid city, south dakota, on our line for democrats. you are on the "washington journal." caller: good morning. this may be a little bit off the chart here. i was calling, since your area of interest is about our wate