File #: 031209    Version: 1 Name: Hearing - Ground Lease of Redevelopment Agency Land for Jordan Apartments
Type: Hearing Status: Filed
Introduced: 7/8/2003 In control: Board of Supervisors
On agenda: 8/12/2003 Final action:
Enactment date: Enactment #:
Title: Hearing of persons interested in or objecting to proposed resolution approving (1) a ground lease of land at 820 O'Farrell Street (Assessor's Block 0716, Lot 003) from the San Francisco Redevelopment Agency to Jordan Housing Corporation, a California nonprofit public benefit corporation ("JHC"), for $1.00 per year plus $129,999 per year of deferred rent for sixty-five (65) years with an option to renew for an additional thirty-four (34) years, and (2) the sale of improvements thereon for $2,050,000 to JHC for the purpose of rehabilitating, owning and operating housing for very low income households.
Legislation Details
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