File #: 161198    Version: 1 Name: Authorizing Certificates of Participation - Animal Care and Control Renovation Project - Not to Exceed $60,500,000
Type: Resolution Status: Passed
Introduced: 11/1/2016 In control: Clerk of the Board
On agenda: Final action: 12/9/2016
Enactment date: 12/9/2016 Enactment #: 498-16
Title: Resolution authorizing the execution and delivery of Certificates of Participation on a tax-exempt or taxable basis evidencing and representing an aggregate principal amount not to exceed $60,500,000 to finance the costs of acquisition, construction, and improvement of an animal care and control facility to be located on property within the City; authorizing the issuance of commercial paper notes in advance of the delivery of the Certificates; approving the form of Trust Agreement between the City and County of San Francisco and the Trustee (including certain indemnities contained therein); authorizing the selection of the Trustee by the Director of Public Finance; approving respective forms of a Property Lease and a Lease Agreement, each between the City and the Trustee for the lease and lease back of all or a portion of certain City real property and hospital property and facilities; approving the forms of Purchase Contract, Official Notice of Sale, and Notice of Intention to Sell Certificates; directing the publication of the Notice of Intention to Sell Certificates; approving the form of the Preliminary Official Statement and the form and execution of the Official Statement relating to the sale of the Certificates; approving the form of the Continuing Disclosure Certificate; granting general authority to City officials to take necessary actions in connection with the authorization, execution, sale and delivery of the Certificates, as defined herein; approving modifications to documents and agreements, as defined herein; declaring the City’s intent to reimburse certain expenditures; and ratifying previous actions taken in connection therewith, as defined herein.
Sponsors: Mayor, Katy Tang, David Campos, Mark Farrell
Attachments: 1. Leg Ver1, 2. CON Ltr 102816, 3. DRAFT Trust Agrmt 100516, 4. DRAFT Lease Agrmt 100516, 5. DRAFT Official Notice of Sale, 6. DRAFT Notice of Intention to Sell, 7. DRAFT Cert Purchase Contract, 8. DRAFT Prelim Official Statement, 9. Appendix A - Official Statement, 10. Property Lease, 11. Bdgt Analyst Rpt 111616, 12. Comm Pkt 111616, 13. Board Pkt 112916, 14. Leg Final
Legislation Details
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