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File #: 191137    Version: 1 Name: Settlement of Lawsuit - Academy of Art University - City to Receive $57,960,000
Type: Ordinance Status: Passed
Introduced: 11/19/2019 In control: Clerk of the Board
On agenda: 11/19/2019 Final action: 1/17/2020
Enactment date: 1/17/2020 Enactment #: 004-20
Title: Ordinance authorizing settlement of the lawsuit filed by the City and County of San Francisco and the People of the State of California against the Stephens Institute and 23 of its affiliated limited liability companies (collectively “Academy”) that owned properties in San Francisco, in People v. Stephens Institute, et. al, San Francisco Superior Court Number CGC-16-551832; the lawsuit alleged that the Academy had violated the City’s Administrative Code, Planning Code, and Building Code, and the State Unfair Competition Law, Business and Professions Code, Section 17200 et seq.; under the settlement, the Academy agrees to: bring its existing uses into compliance with the Planning Code; relocate existing uses or change uses in buildings in accordance with applicable laws in those limited instances where the Planning Department has determined that legalization is not appropriate; compensate the People and the City for alleged past violations by paying approximately $58,000,000 including providing affordable housing public benefits to the City in the amount of $37,600,000 and a payment of approximately $8,200,000 to the City’s Small Sites Fund; and work cooperatively with the City in planning for future growth in a manner that accounts for the urban nature of the Academy’s campus, without adversely impacting the City’s affordable or rent-controlled housing stock, or burdening its transportation system, including, as a part of that plan, building new housing, or converting existing buildings, for its students on property that is zoned for such use.
Attachments: 1. Leg Ver1, 2. Comm Pkt 120519, 3. Board Pkt 010720, 4. Board Pkt 011420, 5. Leg Final
Related files: 191125
Legislation Details
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