File #: 170522    Version: 1 Name: Real Property Acquisition - 772 Pacific Avenue - Shew Yick Trust One, Robert Yick Trust Two, and Robert Yick Non-Exempt Assets Trust - Affordable Housing Project - Below Fair Market Value Purchase of $5,000,000
Type: Resolution Status: Passed
Introduced: 5/2/2017 In control: Clerk of the Board
On agenda: Final action: 6/2/2017
Enactment date: 6/2/2017 Enactment #: 210-17
Title: Resolution authorizing the Real Estate Division, on behalf of the Mayor’s Office of Housing and Community Development, to acquire Real Property located at 772 Pacific Avenue from Shew Yick Trust One (Trustees Robert Yick and Andy Ting), Robert Yick Trust Two (Trustee Joseph Yick), and Robert Yick Non-Exempt Assets Trust (Trustee Mark Shustoff), for the purchase at below fair market value of $5,000,000 for use in constructing affordable housing for San Franciscans.
Sponsors: Mayor, Aaron Peskin
Attachments: 1. Leg Ver1, 2. PLN GPR 050117, 3. Purchase Agrmt 032317, 4. Appraisal Rpt 041917, 5. MOHCD Ltr 040417, 6. Form 126, 7. Bdgt Analyst Rpt 051817, 8. Comm Pkt 051817, 9. Bd Pkt 052317, 10. Form 126 Final, 11. Leg Final
Legislation Details
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