File #: 081515    Version: 1 Name: Lease Financing For Improvements to Moscone Convention Center
Type: Resolution Status: Passed
Introduced: 11/25/2008 In control: Board of Supervisors
On agenda: Final action: 12/19/2008
Enactment date: Enactment #: 530-08
Title: Resolution authorizing the execution, delivery and sale of Certificates of Participation (the “Certificates”) evidencing undivided, proportionate interests in the right to receive certain rental payments to be made by the City under a Lease Agreement, for the purpose of financing various capital projects at Moscone Convention Center; approving the form of a Trust Agreement by and between the City and County of San Francisco (the “City”) and a corporate trustee to be selected by the City (the “Trustee”), including without limitation certain indemnification obligations of the City contained therein; authorizing the selection of the Trustee; approving the form of a Facilities Lease by and between the City and the Trustee relating to certain real property described herein; approving the form of the Lease Agreement by and between the Trustee and the City relating to said real property; authorizing the payment of costs of issuance; authorizing the reimbursement of certain expenditures; granting general authority to City officials to take certain actions in connection with the Certificates, the Trust Agreement, the Facilities Lease and the Lease Agreement; authorizing modifications to documents; and ratifying previous actions taken in connection therewith.
Sponsors: Aaron Peskin
Attachments: 1. Legislation_Ver1, 2. Leg_Final
Legislation Details
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