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File #: 170468    Version: 1 Name: Ordinance Authorizing Certificates of Participation - 1500 Mission Project - Not to Exceed $321,765,000
Type: Ordinance Status: Final Passage, Consent
Introduced: 4/25/2017 In control: Budget and Finance Sub-Committee
On agenda: Final action:
Enactment date: Enactment #:
Title: Ordinance authorizing the execution and delivery of Certificates of Participation on a tax-exempt or taxable basis evidencing and representing an aggregate principal amount of not to exceed $321,765,000 to fund a portion of the development costs, including construction and improvement, and related FF&E (furniture, fixture, or other equipment), technology, and moving costs for the 1500 Mission Street office building; 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 certain property and facilities of the City; 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; approving modifications to documents and agreements; declaring the City’s intent to reimburse certain expenditures; and ratifying previous actions taken in connection therewith, as defined herein.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. Controller Memo 042417, 4. Trust Agmt, 5. Lease Agmt, 6. Property Lease, 7. Official Notice of Sale/Bid Form, 8. Certificates of Participation, 9. Notice of Intention to Sell, 10. Preliminary Official Statement, 11. Appendix A, 12. Bdgt Analyst Rpt 051817, 13. Comm Pkt 051817, 14. Bd Pkt 052317
Related files: 170201
Legislation Details
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