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File #: 190895    Version: 1 Name: Authorizing Certificates of Participation - Multiple Capital Improvement Projects - Not to Exceed $94,600,000
Type: Ordinance Status: Passed
Introduced: 9/3/2019 In control: Clerk of the Board
On agenda: Final action: 10/11/2019
Enactment date: 10/11/2019 Enactment #: 226-19
Title: Ordinance authorizing the execution and delivery of Certificates of Participation, in one or more series from time to time, on a tax-exempt or taxable basis, evidencing and representing an aggregate principal amount not to exceed $94,600,000 to finance and refinance the acquisition of certain real property located at 814-820 Bryant Street and 470 Sixth Street within the City and related site demolition, preparation and improvement, and the repayment of certain taxable commercial paper notes of the City issued for such purposes, and the acquisition of certain additional property located at 1828 Egbert Avenue within the City and related site demolition, preparation and improvement; approving the form of Supplement to the Trust Agreement between the City and County of San Francisco and U.S. Bank National Association, as trustee (“Trustee”) (including certain indemnities contained therein); approving respective forms of Supplements to Property Lease and Project Lease, each between the City and the Trustee, for the lease and lease back of all or a portion of certain real property and improvements located at 375 Laguna Honda Boulevard or other property as determined by the Director of Public Finance; approving the form of an Official Notice of Sale and a Notice of Intention to Sell the Certificates of Participation; approving the form of an Official Statement in preliminary and final form; approving the form of a Continuing Disclosure Certificate; granting general authority to City officials to take necessary actions in connection with the authorization, sale, execution and delivery of the Certificates of Participation; approving modifications to documents; and ratifying previous actions taken in connection therewith, as defined herein.
Sponsors: Mayor, Aaron Peskin
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. CON Memo 083019, 4. DRAFT Fourth Supplement to Property Lease, 5. DRAFT Fourth Supplement to Project Lease, 6. DRAFT Fourth Supplement to Trust Agreement, 7. DRAFT Official Notice of Sale, 8. DRAFT Notice of Intention, 9. DRAFT Purchase Contract, 10. Controller's Certification, 11. DRAFT Preliminary Official Statement, 12. DRAFT Appendix A, 13. BLA Report 091819, 14. Comm Pkt 091819, 15. Board Pkt 092419, 16. Board Pkt 100119, 17. Leg Final
Legislation Details
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