Share to Facebook Share to Twitter Bookmark and Share
File #: 150493    Version: 1 Name: General Obligation Bond Election - Affordable Housing - Not to Exceed $500,000,000
Type: Ordinance Status: Killed
Introduced: 5/12/2015 In control: Budget and Finance Committee
On agenda: Final action: 6/24/2015
Enactment date: Enactment #:
Title: Ordinance calling and providing for a special election to be held in the City and County of San Francisco (City) on Tuesday, November 3, 2015, for the purpose of submitting to San Francisco voters a proposition to incur the following bonded indebtedness (Bonds) of the City: not to exceed $500,000,000 to finance the construction, acquisition, improvement, rehabilitation, preservation, and repair of affordable housing improvements, and related costs necessary or convenient for the foregoing purposes; 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; incorporating the provisions of the Administrative Code relating to the Citizens’ General Obligation Bond Oversight Committee’s review of the Bonds; setting certain procedures and requirements for the election; adopting findings under the California Environmental Quality Act; and finding that the proposed Bonds are in conformity with the General Plan, and with the eight priority policies of Planning Code, Section 101.1(b).
Sponsors: John Avalos, David Campos, Eric Mar
Attachments: 1. Leg Ver1, 2. General Plan Referral, 3. Controller Ltr 062315, 4. Comm Pkt 062215
Related files: 150492
Legislation Details
 *NOTE: These reports are produced in HTML format and are accessible to screen readers.