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File #: 140780    Version: Name: Real Property Acquisition - 900 Innes Avenue - Not to Exceed $2,975,000
Type: Resolution Status: Passed
Introduced: 7/8/2014 In control: Clerk of the Board
On agenda: Final action: 7/24/2014
Enactment date: 7/24/2014 Enactment #: 244-14
Title: Resolution authorizing: 1) the acquisition of real property at 900 Innes Avenue (Lot Nos. 1-5 and 24, Assessor's Block No. 4605, Lot No. 10, Assessor's Block No. 4629A, Lot No. 2, Assessor's Block No. 4630, and Lot Nos. 1-3, 3A, 19 and 20, Assessor's Block No. 4646) from the Tenderloin Housing Clinic, Inc.; 2) the issuance of Commercial Paper (CP) Notes in an aggregate principal amount not to exceed $2,975,000; 3) the subsequent jurisdictional transfer of the Property to the Recreation and Park Department upon repayment of the CP Notes; and 4) finding the proposed transaction in conformance with the City’s General Plan, and the eight priority policies of Planning Code, Section 101.1.
Sponsors: Malia Cohen
Attachments: 1. Leg Ver1, 2. Planning Memo 121113, 3. Agrmt of Purchase, 4. Form 126 Mayor, 5. Form 126 BOS, 6. Comm Pkt 071614, 7. Bdgt Analyst Rpt 071614, 8. Leg Ver2, 9. Board Pkt 072214, 10. FINAL MOU 072114, 11. Leg Final
Legislation Details
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