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File #: 151225    Version: 1 Name: Taxable and/or Tax Exempt Certificates of Participation - Affordable Housing Projects - Not to Exceed $95,000,000
Type: Ordinance Status: Passed
Introduced: 12/1/2015 In control: Clerk of the Board
On agenda: Final action: 4/27/2016
Enactment date: Enactment #: 061-16
Title: Ordinance authorizing the execution and delivery of Certificates of Participation in an aggregate principal amount not to exceed $95,000,000 to provide funds to assist in the development, acquisition, construction or rehabilitation of affordable rental housing projects; approving the form of a Supplemental Trust Agreement between the City and County of San Francisco and the Trustee named therein (including certain indemnities contained therein); approving the form of a Supplemental Property Lease between the City, as lessor, and the Trustee, as lessee; approving the form of a Supplemental Project Lease between the Trustee, as lessor, and the City, as lessee; approving the form of an Official Notice of Sale and Notice of Intention to Sell for the Certificates of Participation, if sold by competitive sale; authorizing certain actions relating to the Certificates of Participation, if sold by negotiated sale, including approving the form of a Purchase Contract between the City and the underwriter(s) selected in accordance City policies; approving the form of an official statement in preliminary and final form; approving the form of a Continuing Disclosure Certificate; granting general authority to City officials to take necessary actions in connection with the authorization, issuance, sale and delivery of the Certificates of Participation; approving modifications to documents; and ratifying previous actions taken in connection therewith.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. Controller Memo 111615, 3. DRAFT Notice of Intent to Sell, 4. DRAFT Official Notice of Sale, 5. DRAFT Preliminary Official Statement, 6. DRAFT Purchase Contract, 7. DRAFT Supp 3 to Project Lease, 8. DRAFT Supp 3 to Property Lease, 9. DRAFT Supp 3 to Trust Agrmt, 10. Bdgt Analyst Rpt 040616, 11. Comm Pkt 040616, 12. Form 126, 13. Board Pkt 041216, 14. Board Pkt 041916, 15. Form 126 Final, 16. Leg Final
Related files: 101159, 090404, 080760
Legislation Details
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