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File #: 150728    Version: Name: Sale of City Property - 30 Van Ness Avenue - Not Less Than $87,000,000; Appropriation to Defease Certificates of Participation - Up to $31,770,000
Type: Ordinance Status: Passed
Introduced: 7/7/2015 In control: Clerk of the Board
On agenda: Final action: 8/6/2015
Enactment date: 8/6/2015 Enactment #: 153-15
Title: Ordinance authorizing the sale, by public competitive bid, of City-owned property located at 30 Van Ness Avenue for not less than $87,000,000; authorizing the use of a portion of the proceeds from the sale for the defeasance of up to $25,870,000 outstanding principal amount of Certificates of Participation (30 Van Ness Property) Series 2001A, up to $5,900,000 outstanding principal amount of Certificates of Participation (City Office Buildings-Multiple Properties Project) Series 2007A, and appropriating funds for such defeasance; excluding the sale from the requirements of the Surplus Property Ordinance; affirming the Planning Department’s determination under the California Environmental Quality Act; and adopting findings that the sale is consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1.
Sponsors: Mayor, Mark Farrell
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. Real Estate Ltr 070715, 4. Real Estate Agreement, 5. Office Lease, 6. GPR 070915, 7. Comm Pkt 071515, 8. Bdgt Analyst Rpt 071515, 9. Board Pkt 072115, 10. Leg Ver2, 11. Leg Dig Ver2, 12. Board Pkt 072815, 13. Leg Final
Related files: 151182
Legislation Details
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