https://sfgov.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=5548589&GUID=A1CAB8F0-57CF-417C-9EA2-C1D50E15F175Legistar15https://sfgov.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=5548589&GUID=A1CAB8F0-57CF-417C-9EA2-C1D50E15F175A1CAB8F0-57CF-417C-9EA2-C1D50E15F175-2024-10-03-19-43-25Title: Resolution 1) approving and authorizing the Director of Property, on behalf of the Department of Homelessness and Supportive Housing (HSH), to acquire certain property located at 681-687 Ellis Street (“Property”) for $19,900,000 plus an estimated $40,000 for typical closing costs, for a total anticipated amount of $19,940,000; 2) approving and authorizing HSH, on behalf of the City, to apply to the California Department of Housing and Community Development for its Homekey Grant Program to purchase the Property; 3) approving and authorizing an Agreement of Purchase and Sale for Real Estate for the acquisition of the Property from 685 Ellis, LLC (“Purchase Agreement”); 4) authorizing the Director of Property to execute the Purchase Agreement, make certain modifications, and take certain actions in furtherance of this Resolution and the Purchase Agreement, as defined herein; 5) affirming the Planning Department’s determination under the California Environmental Quality Act; and 6) adopting the Planning Department’s findings that the Purchase Agreement, and the transaction contemplated tThu, 03 Oct 2024 19:43:25 GMT