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File #: 190733    Version: 1 Name: Acquisition of Real Property - 1515 South Van Ness Avenue - LMC San Francisco I Holdings LLC - $19,000,000
Type: Resolution Status: Passed
Introduced: 6/25/2019 In control: Clerk of the Board
On agenda: Final action: 7/22/2019
Enactment date: 7/22/2019 Enactment #: 320-19
Title: Resolution approving and authorizing the Director of Property, on behalf of the Mayor’s Office of Housing and Community Development, to acquire real property located at 1515 South Van Ness Avenue from LMC San Francisco I Holdings LLC, for purchase at $19,000,000 inclusive of a deposit in the amount of $500,000; placing the property under the jurisdiction of the Mayor’s Office of Housing and Community Development for use in constructing affordable housing for San Franciscans; adopting findings that the conveyance is consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; authorizing the Director of Property to execute documents, make certain modifications and take certain actions in furtherance of the purchase agreement and this Resolution, as defined herein; assuming a lease and certain service contracts; and affirming the Planning Department’s determination under the California Environmental Quality Act.
Sponsors: Mayor, Hillary Ronen
Attachments: 1. Leg Ver1, 2. DRAFT Purchase Agmt, 3. Executed Lease - Gannet Outdoor Company 0601593, 4. MTC Reso No. 4260 122116, 5. MTC Ltr 042717, 6. General Plan Ref 061819, 7. MOHCD 062119, 8. Form 126, 9. Comm Pkt 071019, 10. BLA Report 071019, 11. Board Pkt 071619, 12. Form 126 Final, 13. Leg Final
Related files: 190734
Legislation Details
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