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Title:
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Resolution approving and authorizing an agreement between the City and County of San Francisco, as Buyer, and Pacific Gas and Electric Company as Seller, to purchase real property located at 2315 Cesar Chavez Street, known as APN Block 4343 Lot 1A and SBE 135-38-22 Parcel 1, for a purchase price of Three Million, Eight Hundred Forty-One Thousand Dollars ($3,841,000); approving an agreement by the City to release and indemnify PG&E for hazardous materials; approving certain environmental deed restrictions; approving the assumption of a billboard lease affecting the property; approving certain limitations on the City's remedies against PG&E for breach; adopting findings that the purchase agreement is consistent with the City's General Plan and eight priority policies of the City Planning Code Section 101.1; authorizing the Director of Property to execute documents, make certain modifications and take certain actions; and ratifying prior acts.
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