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Title:
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Resolution authorizing the exercise of the purchase option in the lease between the City and County of San Francisco ("City"), as lessee, and Burt J. Hamrol, as lessor, for the real property and building located at 555-7th Street (the "Property"); authorizing the officers of the City to enter into documents to implement said purchase; approving a Project Lease related to financing the acquisition of the property (including certain indemnities contained therein); approving a Trust Agreement between the City and a Trustee (including certain indemnities contained therein); authorizing the selection of a Trustee; approving the execution and delivery of Certificates of Participation to finance the acquisition of the property; authorizing the offer and sale of the certificates; approving the form of Official Notice of Sale, Notice of Intention to Sell, and Official Statement; approving the form of Continuing Disclosure Certificate relating to the certificates; approving the validation of the execution and delivery of certificates; adopting findings pursuant to Planning Code Section 101.1; and ratifying previous actions taken in connection therewith.
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