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File #: 190495    Version: Name: General Obligation Bond Election - Affordable Housing - Not to Exceed $600,000,000
Type: Ordinance Status: Unfinished Business-First Reading
Introduced: 5/7/2019 In control: Budget and Finance Committee
On agenda: Final action:
Enactment date: Enactment #:
Title: Ordinance calling and providing for a special election to be held in the City and County of San Francisco on Tuesday, November 5, 2019, for the purpose of submitting to San Francisco voters a proposition to incur bonded indebtedness not to exceed $600,000,000 to finance the construction, development, acquisition, improvement, rehabilitation, preservation, and repair of affordable housing improvements, and related costs necessary or convenient for the foregoing purposes; authorizing landlords to pass-through 50% of the resulting property tax increase to residential tenants under Administrative Code, Chapter 37; providing for the levy and collection of taxes to pay both principal and interest on such Bonds; incorporating the provisions of the Administrative Code relating to the Citizens’ General Obligation Bond Oversight Committee’s review of Affordable Housing Bond expenditures; setting certain procedures and requirements for the election; adopting findings under the California Environmental Quality Act; and finding that the proposed Bonds are in conformity with the General Plan, and with the eight priority policies of Planning Code, Section 101.1(b).
Sponsors: Mayor, Norman Yee, Vallie Brown, Ahsha Safai, Shamann Walton, Catherine Stefani, Hillary Ronen, Rafael Mandelman , Gordon Mar, Matt Haney , Aaron Peskin, Sandra Lee Fewer
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. 2019 GO Affordable Housing Bond Rpt, 4. Referral CEQA 051419, 5. Referral PLN 051419, 6. Referral FYI 051419, 7. Referral CON 051619, 8. CEQA Determination 053019, 9. GP Determinaton 053019, 10. Budget Analysts Rpt 060619, 11. Comm Pkt 060619, 12. CON Rpt 060519, 13. Public Corr. 060619, 14. Budget Analysts Rpt 061319, 15. Comm Pkt 061319, 16. Leg Ver2, 17. Leg Dig Ver2, 18. Comm Pkt 062119, 19. Referral CEQA 061819, 20. Referral PLN 061819, 21. Referral CON 061819, 22. Referral Mandated 061819, 23. Board Pkt 070919, 24. MOHCD Ltr to BCTC, 25. Post Pkt Public Correspondence 070919, 26. Board Pkt 071619, 27. Leg Ver3, 28. Leg Dig Ver3, 29. Board Pkt 072319
Legislation Details
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