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Some supes backusing windfall tobuy PG&E assets

Jan 17, 2019 - The San Francisco Chronicle

When San Francisco received a multimillion-dollar windfall recently, several supervisors proposed using some of the money in an unexpected way: a $50 million down payment on PG&E electrical transmission equipment, so the city could reduce its reliance on the beleaguered utility.

Even after Pacific Gas and Electric Co.'s bankruptcy announcement this week, Mayor London Breed and other city officials remain skeptical that is the best use of the cash. But some of those supervisors are sticking...