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File #: 200478    Version: Name: General Obligation Bond Election - Health and Recovery - Not to Exceed $487,500,000
Type: Ordinance Status: Pending Committee Action
Introduced: 5/12/2020 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 3, 2020, for the purpose of submitting to San Francisco voters a proposition to incur bonded indebtedness of not-to-exceed $487,500,000 to finance the acquisition or improvement of real property, including: facilities to house and/or deliver services for persons experiencing mental health challenges, substance use disorder, and/or homelessness; parks, open space, and recreation facilities, including green and climate resilient infrastructure; and streets, curb ramps, street structures and plazas, 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 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
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. 2020 Health and Recovery Bond Report, 4. Referral - Various Depts. 051920, 5. Referral - CONS 051920, 6. Referral - CEQA Request 051920, 7. GPR 051520, 8. CEQA Determination 061920, 9. Comm Pkt 062420, 10. CON - No Econ Impact Report Issued, 11. Ltr from Assemblymember 062420, 12. CON Finanical Analysis 062420, 13. PPt Presentation 062420, 14. Leg Ver2, 15. Leg Dig Ver2, 16. Referral CEQA 062920, 17. Referral CON 062920, 18. Referral Various Dept. 062920, 19. Comm Pkt 070820
Legislation Details
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