<SEC-DOCUMENT>0001292814-16-004466.txt : 20160503
<SEC-HEADER>0001292814-16-004466.hdr.sgml : 20160503
<ACCEPTANCE-DATETIME>20160502182816
ACCESSION NUMBER:		0001292814-16-004466
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20160630
FILED AS OF DATE:		20160503
DATE AS OF CHANGE:		20160502

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:		161613135

	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
<SEQUENCE>1
<FILENAME>sbs20160426_6k.htm
<DESCRIPTION>EXCERPT OF THE MINUTES OF THE 823RD BOARD OF DIRECTORS' MEETING
<TEXT>

<HTML>
<HEAD>
   <TITLE>sbs20160426_6k.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">



<HR align=left color=#000000 SIZE=2 noShade>



<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>

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

<HR align=center color=#000000 SIZE=1 width="25%" noShade>



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

<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>

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

<DIV align=center>

<DIV><FONT color=#000000 size=2 face="Times New Roman"><B>For&nbsp;April 26, 2016</B></FONT></DIV><FONT color=#000000 size=2 face="Times New Roman"><B>(Commission File No. 1-31317) </B></FONT></DIV>

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

<HR align=center color=#000000 SIZE=1 width="25%" noShade>



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

<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>

<DIV align=center></DIV>

<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>

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

<HR align=center color=#000000 SIZE=1 width="25%" noShade>

<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>

<HR align=center color=#000000 SIZE=1 width="25%" noShade>

<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>

<HR align=left color=#000000 SIZE=2 noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name="page_1"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader1"></a><DIV>

<P style="MARGIN: 0cm 18pt 0pt 0cm"><FONT face="folio md bt,sans-serif"><FONT lang=PT-BR style="FONT-SIZE: 14pt" face="folio md bt,sans-serif"></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 3.95pt 0pt 0cm" align=center><B><FONT lang=PT-BR style="FONT-SIZE: 8pt" face=verdana,sans-serif>COMPANHIA DE SANEAMENTO B&#193;SICO DO ESTADO DE S&#195;O PAULO - SABESP</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 3.95pt 0pt 0cm" align=center><B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>CORPORATE TAXPAYER&#8217;S ID (CNPJ/MF): 43.776.517/0001-80</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 3.95pt 0pt 0cm" align=center><B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>Company Registry (NIRE): 35.3000.1683-1</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 3.95pt 0pt 0cm" align=center><FONT lang=EN-US style="FONT-SIZE: 6pt" face=verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 3.95pt 0pt 0cm" align=center><B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>EXCERPT OF THE MINUTES OF THE 823<SUP>rd</SUP> BOARD OF DIRECTORS&#8217; MEETING</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 3.95pt 0pt 0cm"><FONT lang=EN-US style="FONT-SIZE: 8pt" face=verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 3.95pt 0pt 0cm"><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>On April 14, 2016, at 9:00 a.m., the Chairman of the Board of Directors, Benedito Pinto Ferreira Braga Junior, pursuant to the </FONT><I><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>caput</FONT></I><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif> of Article 12 of the Company&#8217;s Bylaws called for an ordinary meeting, which was held in the conference room of the Company&#8217;s headquarters located at Rua Costa Carvalho n&#186; 300, in the city of S&#227;o Paulo, and was attended by the appointed and undersigned members of the Board of Directors of Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo &#8211; SABESP.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 3.95pt 0pt 0cm"><FONT lang=EN-US style="FONT-SIZE: 8pt" face=verdana,sans-serif>(...)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 3.95pt 0pt 0cm"><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>Subsequently, the Chairman of the Board of Directors analyzed </FONT><B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>item 2 </FONT></B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>of the agenda, &#8220;</FONT><B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>To authorize the conditions for the sale of the shares of CTEEP - Companhia de Transmiss&#227;o de Energia El&#233;trica Paulista&#8221; </FONT></B><I><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>(time: 20&#8217;)</FONT></I><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>, passing the floor to the Chief Financial and Investor Relations Officer, Rui de Britto &#193;lvares Affonso, and the Head of Capital Markets and Investor Relations, Mario Azevedo de Arruda Sampaio, who, accompanied by the representative of Banco Votorantim S.A., Mr. Paulo Mendes, explained the matter based on Executive Board Resolution no. 0084/2016, of April 13, 2016, Internal Communication FI no.&nbsp;013/2016, of April 12, 2016, and the power point presentation, documents filed at the Meeting&#8217;s electronic folder. The matter was put to discussion and vote, in compliance with Article 13, item XIII of the Company&#8217;s Bylaws, and in compliance with the resolution of the Board of Directors, at the 808<SUP>th</SUP> meeting held on June 19, 2015, the Board members </FONT><B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>unanimously approved</FONT></B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>: (i) the conditions (&#8220;</FONT><B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>Conditions</FONT></B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>&#8221;) for the sale of the shares of CTEEP - Companhia de Transmiss&#227;o de Energia El&#233;trica Paulista, as follows:</FONT><FONT lang=EN-AU style="FONT-SIZE: 8pt" color=black face=verdana,sans-serif> </FONT><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>(i.a) sale of up to two million, two hundred and twenty-one thousand (2,221,000) preferred shares held by the Company in the capital stock of CTEEP, registered under the ticker TRPL4 ("</FONT><B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>Shares</FONT></B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>");</FONT><FONT lang=EN-AU style="FONT-SIZE: 8pt" color=black face=verdana,sans-serif> </FONT><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>(i.b) minimum price per share in the amount of forty-four reais and fifty centavos (R$44.50);</FONT><FONT lang=EN-AU style="FONT-SIZE: 8pt" color=black face=verdana,sans-serif> </FONT><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>(i.c) sale to be held through an auction of the BM&amp;FBOVESPA &#8211; Securities, Commodities and Futures;</FONT><FONT lang=EN-AU style="FONT-SIZE: 8pt" color=black face=verdana,sans-serif> </FONT><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>and (i.d)&nbsp;other conditions related to the sale of the Shares agreed between the Company and Banco Votorantim S.A., as the Company&#8217;s financial advisor, in accordance with the </FONT><B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>Conditions</FONT></B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>;</FONT><FONT lang=EN-AU style="FONT-SIZE: 8pt" color=black face=verdana,sans-serif> </FONT><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>(ii) the execution of the sale of CTEEP&#8217;s shares, in accordance with the </FONT><B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>Conditions</FONT></B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>, which shall take effect until April 30, 2016;</FONT><FONT lang=EN-AU style="FONT-SIZE: 8pt" color=black face=verdana,sans-serif> </FONT><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>and (iii) the authorization for the Executive Board to take all the necessary measures to execute the sale of the </FONT><B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>Shares</FONT></B><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 3.95pt 0pt 0cm"><FONT lang=EN-US style="FONT-SIZE: 8pt" face=verdana,sans-serif>(...)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 3.95pt 0pt 0cm"><FONT lang=EN-US style="FONT-SIZE: 3pt" face=verdana,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 3.95pt 0pt 0cm"><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>These minutes, after being approved, were 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, Luis Eduardo de Assis, Reinaldo Guerreiro, Sidnei Franco da Rocha and Walter Tesch.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 3.95pt 0pt 0cm"><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>This is a free English translation of the excerpt of the original Minutes drawn up in the Book of Minutes of the Board of Directors. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 3.95pt 0pt 0cm"><FONT lang=PT-BR style="FONT-SIZE: 8pt" face=verdana,sans-serif>S&#227;o Paulo, April 14, 2016. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 3.95pt 0pt 0cm"><FONT lang=PT-BR style="FONT-SIZE: 8pt" face=verdana,sans-serif>Benedito Pinto Ferreira Braga Junior</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 3.95pt 0pt 0cm"><FONT lang=EN-AU style="FONT-SIZE: 8pt" face=verdana,sans-serif>Chairman </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 3.95pt 0pt 0cm"><FONT lang=EN-US style="FONT-SIZE: 3pt" face=verdana,sans-serif></FONT>&nbsp;</P></DIV>

<a name="_bclFooter1"></a><DIV>

<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="DISPLAY: none"><B><FONT lang=PT-BR style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT></B></FONT><B><FONT lang=PT-BR style="FONT-SIZE: 8pt" face=Arial,sans-serif>1</FONT></B><FONT style="DISPLAY: none"><B><FONT lang=PT-BR style="FONT-SIZE: 8pt" face=Arial,sans-serif></FONT></B></FONT></P></DIV>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<HR align=left color=#000000 SIZE=2 noShade>



<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B><U>

<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>

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

<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;April 26, 2016</FONT></DIV>

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

<DIV align=center>

<TABLE style="WIDTH: 70%" cellSpacing=0 cellPadding=0>



<TR>

   <TD vAlign=top width="50%" colSpan=3>

   <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>

<TR>

   <TD height=16></TD>

   <TD height=16></TD>

   <TD height=16></TD></TR>

<TR>

   <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;

   <HR align=left color=#000000 SIZE=1 noShade>

</TD>

   <TD></TD></TR>

<TR>

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

   <TD vAlign=bottom width="53%" align=center>

   <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>

   <TD></TD></TR></TABLE></DIV>

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

<P>&nbsp;</P>

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

<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>

<HR align=left color=#000000 SIZE=2 noShade>

</DIV>

</BODY>

</HTML>

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