Title:
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Ordinance appropriating $162,000,000 of Certificates of Participation (COPs) revenue to purchase two buildings, including $96,355,000 for 1 South Van Ness and $51,160,000 for 1650 Mission, $6,130,000 for improvements to 30 Van Ness, and $8,355,000 for contingency changes in market conditions for the Office of City Administrator for Fiscal Year 2006-2007. Additionally, authorizing the advance of $2,721,727 from the Reserve for Rainy Day – One-Time Account to the City Administrator for improvements to these buildings in advance of the COPs sale, which shall be reimbursed upon receipt of the COPs proceeds.
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Attachments:
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1. Leg_Ver1, 2. Leg_Final
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