https://sfgov.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=7449408&GUID=AE68D16F-E1B7-47EC-AED9-584E97061F30Legistar15https://sfgov.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=7449408&GUID=AE68D16F-E1B7-47EC-AED9-584E97061F30AE68D16F-E1B7-47EC-AED9-584E97061F30-2026-04-14-18-33-19Title: Ordinance 1) approving and authorizing the Director of Property to acquire certain real property located at 601-617 Laguna Street (Assessor’s Parcel Block No. 0806, Lot No. 002) (the “Property”); 2) approving and authorizing an Agreement of Purchase and Sale for Real Estate (the “Purchase Agreement”) for the acquisition of the Property from Pacifica SFO LLC, a California limited liability company (“Seller”), for $11,030,000 together with a Construction Management Agreement attached as Exhibit E to the Purchase Agreement for the completion of certain improvements and the repair of deficiencies on the Property (the “Project”) by Seller for an amount not to exceed $8,140,000 that includes a construction management fee, an amount not to exceed $800,000 for the City contingency, and an amount not to exceed $30,000 for closing costs for a total anticipated not to exceed project cost of $20,000,000; 3) authorizing the Director of Property to make certain modifications to the Purchase Agreement and take certain actions in furtherance of the Purchase Agreement, as defined herein; 4) exemptingTue, 14 Apr 2026 18:33:19 GMT