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File #: 150489    Version: Name: General Obligation Bond Election - Affordable Housing - Not to Exceed $310,000,000
Type: Resolution Status: Passed
Introduced: 5/12/2015 In control: Clerk of the Board
On agenda: Final action: 7/14/2015
Enactment date: 7/14/2015 Enactment #: 258-15
Title: Resolution determining and declaring that the public interest and necessity demand the construction, acquisition, improvement, rehabilitation, preservation, and repair of affordable housing improvements and related costs necessary or convenient for the foregoing purposes, to be financed through bonded indebtedness in an amount not to exceed $310,000,000; authorizing landlords to pass-through 50% of the resulting property tax increase to residential tenants under Administrative Code, Chapter 37; providing for the levy and collection of taxes to pay both principal and interest on such bonds; setting certain procedures and requirements for the election; adopting findings under the California Environmental Quality Act; and finding that the proposed bond is in conformity with the General Plan, and with the eight priority policies of Planning Code, Section 101.1(b).
Sponsors: Mayor, London N. Breed, Julie Christensen, Malia Cohen, Mark Farrell, Katy Tang, Scott Wiener, John Avalos, Eric Mar, David Campos, Jane Kim, Norman Yee
Attachments: 1. Leg Ver1, 2. Planning Ltr 051115, 3. Comm Pkt 060315, 4. Comm Pkt 061015, 5. Leg Ver2, 6. Board Pkt 061615, 7. Board Pkt 062315, 8. Board Pkt 070715, 9. Leg Ver3, 10. Leg Final
Related files: 150490, 180325
Legislation Details
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