File #: 161201    Version: 1 Name: Multifamily Housing Revenue Bond - 500-510 Folsom ("Transbay Block 9") - Not to Exceed $132,000,000
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 #: 500-16
Title: Resolution authorizing the issuance and sale of multifamily housing revenue bonds in an aggregate principal amount not to exceed $132,000,000 for the purpose of providing financing for the construction of a 311-unit multifamily rental housing project known as "Transbay Block 9," located in the City at 500-510 Folsom Street; approving the form of and authorizing the execution of an indenture of trust providing the terms and conditions of the bonds and authorizing the issuance thereof; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; approving the form of and authorizing the execution of a loan agreement; approving the form of and authorizing the execution of a bond purchase agreement; authorizing the collection of certain fees; ratifying and approving any action heretofore taken in connection with the bonds and the project, as defined herein; granting general authority to City officials to take actions necessary to implement this Resolution, as defined herein; and related matters, as defined herein.
Sponsors: Jane Kim
Attachments: 1. Leg Ver1, 2. MOHCD Ltr 102816, 3. CDLAC Reso. No. 16-84, 4. DRAFT Indenture of Trust 102716, 5. DRAFT Reg Agrmt 102716, 6. DRAFT Loan Agrmt 102616, 7. DRAFT Bond Purchase Agrmt, 8. BOS Reso No. 156-16 050616, 9. Site Location (Map), 10. Form 126, 11. Comm Pkt 111616, 12. Board Pkt 112916, 13. Leg Final, 14. Form 126 Final
Legislation Details
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