|
|
File #:
|
220683
Version:
1
|
Name:
|
Authorizing Tax-Exempt and/or Taxable Certificates of Participation (Multiple Capital Improvement Projects) - Not to Exceed $140,000,000
|
|
Type:
|
Ordinance
|
Status:
|
Passed
|
|
On agenda:
|
|
Final action:
|
8/4/2022
|
|
Enactment date:
|
8/4/2022
|
Enactment #:
|
183-22
|
|
Title:
|
Ordinance authorizing the execution and delivery of Certificates of Participation, in one or more series on a tax-exempt and/or taxable basis and from time to time, evidencing and representing an aggregate principal amount of not to exceed $140,000,000 (“Certificates”), to finance and refinance certain capital improvement projects within the City, including but not limited to certain projects within the City and County of San Francisco’s (“City”) capital plan and generally consisting of critical repairs, renovations and improvements to City-owned buildings, facilities, streets and works utilized by various City departments and local economic stimulus projects, generally consisting of repairs, renovations, improvements and street reconstruction, repaving and other improvements, designed to help build a more resilient and equitable San Francisco as part of the City’s recovery from the COVID-19 pandemic, including through the retirement of certain commercial paper notes of the City issued for such purposes; approving the form of a Supplement to Trust Agreement between the City and U.S. Bank National Association, as trustee (“Trustee”) (including certain indemnities contained therein); approving respective forms of a Supplement to Property Lease and a Supplement to Project Lease, each between the City and the Trustee, for the lease and lease back of all or a portion of certain real property and improvements owned by the City and located at 375 Laguna Honda Boulevard within the City and at 1 Moreland Drive, San Bruno, California, and/or other property as determined by the Director of Public Finance; approving the form of an Official Notice of Sale and a Notice of Intention to Sell the Certificates; approving the form of an Official Statement in preliminary and final form; approving the form of a purchase contract between the City and one or more initial purchasers of the Certificates, as defined herein; approving the form of a Continuing Disclosure Certificate, as defined herein; granting general authority to City officials to take necessary actions in connection with the authorization, sale, execution and delivery of the Certificates, as defined herein; approving modifications to documents, as defined herein; and ratifying previous actions taken in connection therewith, as defined herein.
|
|
Attachments:
|
1. Leg Ver1, 2. Leg Dig Ver1, 3. CON Memo 052022, 4. DRAFT Supplement Proj Lease, 5. DRAFT Supplement Prop Lease, 6. DRAFT Supplement Trust Agrmt, 7. DRAFT Ntc of Intent to Sell, 8. DRAFT Official Ntc of Sale, 9. DRAFT Purchase Contract, 10. DRAFT Prelim Off Statement, 11. Mayor Memo 060122, 12. MYR Budget Submission Ltr 060122, 13. MYR 30-day Waiver Req 060122, 14. Pres Action Memo - 30 Day Waiver 060622, 15. BLA Rpt 062222, 16. Cmte Pkt 062222, 17. Cmte Pkt 062422, 18. BLA Rpt 062722, 19. Cmte Pkt 062722, 20. Board Pkt 071222, 21. Board Pkt 071922, 22. Post-Pkt Pub Correspondence, 23. Board Pkt 072622, 24. Leg Final
|
|