and the manager of the s.f. p.u.c. i'm here to provide you with a brief presentation on the results of two data transactions are executed, both benefiting the wastewater enterprise. the transactions are the wastewater revenue bond and the loan transaction. sorry. thanks. so on this slide, i will talk about the 2018 at wastewater revenue bond sale which the commission authorized on july 10 th. on july 18th, a week later, we price through 594 million of the series abc bonds. the average borrowing term or maturity of the bonds is almost 20 years, and the come mind cost is 3.44%. proceeds of the bonds will be used to fund portions of the wastewater capital program, including ss ip and nonss ip projects. two of the series of bonds is series a and series iii were designated and sold as green bonds which, as you know, it is -- we are an issuer of and we are a leader in this area of municipal findings. as you may recall from when he presented this item to you, with this sale, they have issued a terse long-term variable rate tha

and the p.u.c., that is my question. it is really imperative, from our perspective, and i'm speaking on behalf of the commission can't correct me if i am wrong, but the organization is also part of that conversation. i'm trying to get an understanding of what today's position as is. think you. >> president kwon: i understand the situation. i am part of an organization that represents 46 counties. there are nine affiliated local unions in a 46 counties. mine is san francisco. if i wanted wanted to have some influence, even though my entire organization would take a particular condition, it was highly likely i would be successful at influencing my own local union. was there additional additional influence that we had as a trust my concern is, if we don't start being honest about disclosure, we will have a campaign for and a campaign against. everyone will be recording meetings. we have not gotten to that point yet. i rely on staff here at this agency. i don't think there's much better staff. that is tough to say. i don't di

they are partnering with the s.f. p.u.c. on its. in the range of maybe 16 projects. it involves multiple wastewater agencies. it is early in the effort. frankly speaking, we would have to figure out someone to mix this highly treated wastewater. it might be crystal springs reservoir. it is early in the efforts. that is one project being reviewed. a second one is one that is being handled by santa clara water valley district. they have an advance purified water project that some of you might have visited. they want to look at expanding that in looking at ways to develop water supply. that would include other member agencies like san jose which has a large wastewater plant and palo alto which operates a regional plant. we are looking at that. is a little bit delayed. santa clara water valley district is doing a water master plan and will have to figure out how that plan would prioritize projects. this one point -- might be a priority. these are the projects that they are working on. i can say that san francisco has a seat at the table too. this one got a lot of press r

so on sb 237, could you give us sort of the view of the p.u.c. he opinion of the p.u.c. >> sure. at this point, we don't have a position on the bill? we find that it's -- you know, we have concerns about the bill and cal c.c.a. shares those concerns especially regarding decarbonization? and -- oh, thank you. so we think it's actually preferable and more strategic and effective to let environmental and at -- like, consumer ad row cass see organizations lead on this. we're supporting them, we're working with them, including sierra club, turn, 350.org. so this bill would only impact commercial customers, it would not impact residential customers? and you know, we see these community choice programs are choice, and we're already competing with the i.o.u.s, so we'll have to do our best to compete with direct access providers should this bill pass. >> supervisor fewer: okay. thank you very much. commissioners? commissioner pollock? no. any comments? none at all. let's hear from our public comment speakers, please. >> yes. eric brooks again, san francisc

the lower western site by the p.u.c. so i just have a few points to make. during -- so there's a major development being considered for that lower reservoir site. during previous moves to put housing in the reservoir, which is '80s to '90s, serious concerns were raised about the safety of the basin, especially involving fire and drought. those are two different issues, of course, given the physical layout, a fire would pose a tremendous threat and get easily out of control into the neighborhoods. another part is in the case of drought, the city has been trying to husband its water resources, i know especially in the western side. there's been a number of engineering studies over the years, trying to discuss whether certain potential reservoirs should be used for storing water in the case of fire and other emergencies. and one, i guess, was done as recently as 2000/2002. and can i give you citations. and it was thought that it was a good idea to retain one of the reservoirs and then parking could be put on top of the various plans. so i think that should be c

i hope that the p.u.c. will not proceed with the sale of this land at this time. thank you. >> president kwon: thank you. next speaker, last one for item 4 unless someone else comes up, mr. mark gonzalez. mr. gonzalez, welcome. >> hello. thank you for having me here. i was born in san francisco. my parents were born in san francisco. my european ancestors came to california in the 1700s. my indian ancestors came over thousands of years ago. when we think about the status of the rivers in california, we have to consider what we have done over the last 150 years. i know we're not going to restore it to that degree, but this is an opportunity as a population of caring people to take a step in restoring what has been taken. if you look at the populations from 50 years ago to today, what's the answer -- drastic reduction. what has been done? there's been some mitigation. but the research shows that the necessary river flows keeps more fish in the river in a healthier state. so that's an important consideration when you make this consideration. and peter would like to t

the p.u.c. and the environment. but that can't, or couldn't be further from the truth. the p.u.c. is the agency where a long sit -- where there is a long history for advocating responsible environmental policies and practices. we replace thousands of fixtures in toilets across san francisco over the past several years to help residents and businesses conserve water. this has been the result in san francisco having, amongst the lowest water use in the states. early this year, we broke ground on a new state-of-the-art recycled water treatment facility that went complete and is expected to save 2 million gallons of drinking water per day. while other cities across the country are wondering how to deal with collapsing infrastructure in the face of climate change, we invested 4.8 lean dollars in the water system improvement program which is almost complete and we gave a presentation on it. last week, the state deferred a vote on a plan allowing us to continue working with the stakeholders on a volunta

the p.u.c. developed and validated a state-of-the-art hydraulic and hydrologic model. we were able it show a watershed approach that included co collaboration with other agencies and a triple bottom line approach. out of the effort, one of the more significant contributions was this model that allowed us to develop a technically rigorous understanding of flood risk zones. this is to simulate the depth and extent of flooding in 100-year design storm. and we did that by using the model to understand the existing city drainage infrastructure, so that includes pumps and pipes, etc. it includes the ground surface data, so understanding imperviousne imperviousness, structures, float, and this model includes expected sea level rise through 2050. we then map that, first, identifying areas with deep flooding, which is designed as greater than 6 inches as well as contiguous flooding, designed as greater than half a block. we draw a boundary around the areas that are deep and contiguous. and the outcome of that effort, you can see in the map in front of you. so this is the draft

the p.u.c. has begun the first steps of this, and they began a first round of testing on thursday, august 2, and we'll have preliminary results within approximately a week that they will be presenting to the department of public health. the p.u.c. is also going to be contacted -- contracting with a third party lab for radiological testing of those water samples. they were actually out at the building today, taking additional water samples to be tested. the final results of the water testing that includes the radiological component, they believe, will take approximately three months. they believe that they will have preliminary testing which will -- will have that base -- kind of the base panel testing, that's going to be in a shorter time frame, and that's the one that they'll be presenting to the department of public health and then ultimately to us. the next step that we've requested is a retesting of the air quality and the dust that settles in building 606. similar to the retesting of the wat

a portion of the monthly p.u.c. sewer charges is attributable to stormwater runoff from their property. >> good afternoon, commissioners. charles poole, here with erin franks to present this item to you. it's a rules change to our wastewater service to apply our existing rates and charges as well as creating a billing system for property owners that don't have a water meter. as a reminder, we have a combined wastewater system that creates storm and sanitary flows and recover the costs of operating that system through our rates and charges. we have 500 property owners that are not currently an sfpuc customer. we're looking at rates and charges that incentivize property owners to control stormwater flees from their properties. we've begun with a grant program and we'll work towards modifying our rates and charges in the upcoming years to further incentivize property improvements. i will turn it over to aaron franks, who will provide more detail today. >> hello, commissioners. i'm erin franks, principal rates analyst a