<SEC-DOCUMENT>0001292814-15-002395.txt : 20151015
<SEC-HEADER>0001292814-15-002395.hdr.sgml : 20151015
<ACCEPTANCE-DATETIME>20151014185852
ACCESSION NUMBER:		0001292814-15-002395
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20151231
FILED AS OF DATE:		20151015
DATE AS OF CHANGE:		20151014

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP
		CENTRAL INDEX KEY:			0001170858
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER SUPPLY [4941]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31317
		FILM NUMBER:		151158945

	BUSINESS ADDRESS:	
		STREET 1:		RUA COSTA CARVALHO, 300
		STREET 2:		SAO PAULO
		CITY:			SP
		STATE:			D5
		ZIP:			05429-900
		BUSINESS PHONE:		011-55-11-3388-8000

	MAIL ADDRESS:	
		STREET 1:		RUA COSTA CARVALHO, 300
		STREET 2:		SAO PAULO
		CITY:			SP
		STATE:			D5
		ZIP:			05429-900
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
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<FILENAME>sbs20151013_6k1.htm
<DESCRIPTION>EXCERPT FROM THE MINUTES OF THE 814TH BOARD OF DIRECTORS' MEETING
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<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Washington, DC 20549 </B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>FORM 6-K</B></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>REPORT OF FOREIGN ISSUER</B><BR><B>PURSUANT TO RULE 13a-16 OR 15d-16 OF THE</B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>SECURITIES EXCHANGE ACT OF 1934</B></FONT></DIV>

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<DIV><FONT color=#000000 size=2 face="Times New Roman"><B>For&nbsp;October 13, 2015</B></FONT></DIV><FONT color=#000000 size=2 face="Times New Roman"><B>(Commission File No. 1-31317) </B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo - SABESP </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Exact name of registrant as specified in its charter) </I></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Basic Sanitation Company of the State of Sao Paulo - SABESP </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Translation of Registrant's name into English) </I></FONT></DIV>

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<BR>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><B>Rua Costa Carvalho, 300 <BR>S&#227;o Paulo, S.P., 05429-900 <BR>Federative Republic of Brazil </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Address of Registrant's principal executive offices) </I></FONT></DIV><BR>

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<BR>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark whether the registrant files or will file <BR>annual reports under cover Form 20-F or Form 40-F. <BR><BR>Form 20-F ___X___ Form 40-F ______</FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K <BR>in paper as permitted by Regulation S-T Rule 101(b)(1)__.</FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K <BR>in paper as permitted by Regulation S-T Rule 101(b)(7)__.</FONT></DIV>

<P align=center><FONT size=2 face="'Times New Roman, Times, Serif'">Indicate by check mark whether the registrant by furnishing the <BR>information contained in this Form is also thereby furnishing the <BR>information to the Commission pursuant to Rule 12g3-2(b) under <BR>the Securities Exchange Act of 1934. <BR><BR>Yes ______ No ___X___</FONT></P>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">If "Yes" is marked, indicated below the file number assigned to the<BR>registrant in connection with Rule 12g3-2(b):</FONT> </DIV>

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   <P style="TEXT-ALIGN: right"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo<BR></FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Board of Directors</FONT></P></TD></TR></TABLE><BR>

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<P style="TEXT-ALIGN: center"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face=Verdana,Bold,Arial,Helvetica,sans-serif>COMPANHIA DE SANEAMENTO B&#193;SICO DO ESTADO DE S&#195;O PAULO - SABESP<BR></FONT></B><B><FONT size=2 face=Verdana,Bold,Arial,Helvetica,sans-serif>CORPORATE TAXPAYER&#8217;S ID (CNPJ/MF): 43.776.517/0001</FONT></B><B><FONT size=2 face=Verdana,Bold,Arial,Helvetica,sans-serif>-80 <BR>COMPANY REGISTRY (NIRE): 35.3000.1683-1<BR></FONT></B></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face=Verdana,Bold,Arial,Helvetica,sans-serif>EXCERPT FROM THE MINUTES OF THE 814TH </FONT></B><B><FONT size=2 face=Verdana,Bold,Arial,Helvetica,sans-serif>BOARD OF DIRECTORS&#8217; MEETING.</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>On October 8 2015, at 9:00 a.m., having been convened by the Chairman of the Board of Directors, Benedito Pinto Ferreira Braga Junior, in accordance with the head paragraph of Article 12 of the Bylaws, the members of the Board of Directors of Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo (SABESP) named and signed below met </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>in the conference room of the Company&#8217;s headquarters, </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>located at Rua Costa Carvalho n&#176; 300, S&#227;o Paulo.</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>(...)</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Giving continuity to the meeting, the Chairman of the Board of Directors invited Hor&#225;cio Jos&#233; Ferragino, Humberto Macedo Puccinelli, Joaldir Reynaldo Machado, Massao F&#225;bio Oya and Rui Brasil Assis, members of the </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Company&#8217;s </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Fiscal Council, to join the meeting, pursuant to paragraph 3 of Article 163 of Federal Law 6404/76, in order to accompany the presentation of item 2 of the agenda. Immediately thereafter, he gave the floor to the Corporate Management Officer, Manuelito Pereira Magalh&#227;es Junior, the Chief Financial Officer and Investor Relations Officer, Rui de Britto &#193;lvares Affonso, and the </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>CEO&#8217;s </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Executive Assistant, Flavio F. Naccache, in order for them to explain </FONT><B><FONT size=2 face=Verdana,Bold,Arial,Helvetica,sans-serif>item 2 </FONT></B><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>of </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>the agenda, &#8220;</FONT><B><FONT size=2 face=Verdana,Bold,Arial,Helvetica,sans-serif>Authorization of the merger of Empresa de &#193;gua e Esgoto de Diadema (EAED), with the presence of the members of Sabesp</FONT></B><B><FONT size=2 face=Verdana,Bold,Arial,Helvetica,sans-serif>&#8217;s Fiscal Council</FONT></B><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>&#8221; </FONT><I><FONT size=2 face=Verdana,Italic,Arial,Helvetica,sans-serif>(time: 30&#8217;)</FONT></I><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>, which was based on the Protocol and Justification of Merger, Executive Board Resolution 0219/2015 of September 23, 2015, Internal Communication C and F 017/2015 of July 28, 2015, Legal Opinion 476/2015 of </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>September 17, 2015, the PowerPoint presentation, EAED&#8217;s </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Balance Sheet </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>of June 30, 2015, EAED&#8217;s </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Equity Report of Appraisal of June 30, 2015, and the consultation with and response of the Brazilian Securities and Exchange Commission </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>&#8211; </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>CVM, all of which have been filed in the electronic folder of this meeting. When put to a vote, pursuant to </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Article 13, section XIX of Sabesp&#8217;s Bylaws, </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>the matter was </FONT><B><FONT size=2 face=Verdana,Bold,Arial,Helvetica,sans-serif>approved unanimously </FONT></B><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>and the Board of Directors&#8217; members endorsed, without restrictions or </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>reservations, the following matters:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 50pt; TEXT-INDENT: -22pt"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>(i)&nbsp;&nbsp;&nbsp;Approval, by a Company </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Shareholders&#8217; Meeting, of </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>the Protocol and Justification of Merger </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>(&#8221;Protocol and Justification&#8221;) entered into by the Compan</FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>y</FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>&#8217;s management and the </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>management of EMPRESA DE &#193;GUA E ESGOTO DE DIADEMA S.A., a limited liability company, headquartered at Rua Estados Unidos, n&#186; 78, parte, Centro, CEP 09921-030, in the city of Diadema, state of S&#227;o Paulo, inscribed in the roll of corporate taxpayers (CNPJ) under no. 20.838.837/0001-11, with its articles of incorporation duly filed with the Commerce Registry of the State of S&#227;o Paulo, under Company Registry (NIRE) no. 353004</FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>68597 (&#8220;EAED&#8221;), as the Company&#8217;s </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>wholly-owned subsidiary, for the merger of EAED into the Company;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 50pt; TEXT-INDENT: -22pt"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>(ii)&nbsp; Ratification, by a Company </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Shareholders&#8217; Meeting</FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>, of the nomination </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>by the Company&#8217;s </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Management, of Priori Servi&#231;os e Solu&#231;&#245;es Contabilidade EIRELI-ME, a professional partnership headquartered at Avenida Conselheiro Carr&#227;o, 1861, Conj. 35, Vila Carr&#227;o, CEP 03403-001, in the city and state of S&#227;o Paulo, inscribed in the roll of corporate taxpayers (CNPJ) under no. 11.385.969/0001-44 and registered with the Regional Accounting Council of the State of S&#227;o Paulo (CRC-SP) under no. 2SP032444, to prepare the Report of Appraisal of </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>EAED&#8217;s assets on the reference date of June 30, 2015 (&#8221;</FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Report of Appraisal</FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>&#8221;);</FONT></P>

<P style="TEXT-ALIGN: right"><B><FONT size=1 face=Arial,Bold,Arial,Helvetica,sans-serif>1</FONT></B></P></DIV>

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   <P style="TEXT-ALIGN: right"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo<BR></FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Board of Directors</FONT></P></TD></TR></TABLE><BR>

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<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 50pt; TEXT-INDENT: -22pt"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>(iii)&nbsp; Approval, by a Company </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Shareholders&#8217; Meeting</FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>, of the Report of Appraisal prepared by the expert appraisers of the specialized company appointed herein, for the merging of EAED into the Company; and</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 50pt; TEXT-INDENT: -22pt"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>(iv) Approval, by a Company </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Shareholders&#8217; Meeting</FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>, of the merging of EAED into the Company, with the resulting dissolution of EAED and the transfer of all its rights and obligations to the Company.</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Finally, it was agreed upon that the Company&#8217;s vote at EAED&#8217;s Extraordinary Shareholders Meeting to </FONT><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>decide on its merging into the Company will (a) approve the Protocol and Justification; (b) ratify the nomination of Priori Servi&#231;os e Solu&#231;&#245;es Contabilidade EIRELI-ME, appointed herein, for the preparation of the Report of Appraisal, as well as approve said Report; and (c) approve the merger of EAED by the Company, with the resulting dissolution of EAED and the transfer of all its rights and obligations to the Company.</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>(...)</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>These minutes, after approval, will be signed by the attending members of the Board of Directors: Benedito Pinto Ferreira Braga Junior, Alberto Goldman, Cl&#225;udia Polto da Cunha, Francisco Vidal Luna, Jer&#244;nimo Antunes, Jerson Kelman, Reinaldo Guerreiro, Sidnei Franco da Rocha and Walter Tesch.</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>This is a free translation of the original minutes drawn up in the Company&#8217;s records.</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>S&#227;o Paulo, October 8, 2015.</FONT></P>

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   <TD width="50%" align=left><B><FONT size=2 face=Verdana,Bold,Arial,Helvetica,sans-serif>Benedito Pinto Ferreira Braga Junior</FONT></B></TD>

   <TD width="50%" align=left><B><FONT size=2 face=Verdana,Bold,Arial,Helvetica,sans-serif>Marialve S. Martins</FONT></B></TD></TR>

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   <TD width="50%" align=left><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Chairman of the</FONT></TD>

   <TD width="50%" align=left><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Secretary of the</FONT></TD></TR>

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   <TD width="50%" align=left><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Board of Directors</FONT></TD>

   <TD width="50%" align=left><FONT size=2 face=Verdana,Arial,Helvetica,sans-serif>Board of Directors</FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: right"><B><FONT size=1 face=Arial,Bold,Arial,Helvetica,sans-serif>2</FONT></B></P></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B><U>SIGNATURE&nbsp;</U></B></FONT><FONT size=1>&nbsp;</FONT></DIV></U></B></FONT>

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<DIV align=justify><FONT color=#000000 size=3 face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the city S&#227;o Paulo, Brazil. <BR></FONT></DIV>

<DIV align=justify><FONT color=#000000 size=3 face="Times New Roman">Date:&nbsp;October 13, 2015</FONT></DIV>

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   <DIV align=left><FONT color=#000000 size=3 face="Times New Roman"><B>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo - SABESP </B></FONT></DIV></TD></TR>

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   <TD vAlign=top align=left><FONT color=#000000 size=2 face="Times New Roman">By:</FONT></TD>

   <TD vAlign=bottom align=left>/s/&nbsp;&nbsp;<FONT style="FONT-FAMILY: times new roman" size=3>Rui de Britto &#193;lvares Affonso</FONT>&nbsp;&nbsp;&nbsp;&nbsp;

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   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman">Name: Rui de Britto &#193;lvares Affonso </FONT></DIV>

   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman">Title: Chief Financial Officer and Investor Relations Officer </FONT></DIV></TD>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>FORWARD-LOOKING STATEMENTS </B></FONT></DIV>

<P align=justify><FONT size=2 face="'Times New Roman, Times, Serif'">This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. </FONT></P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
