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File #: 210940    Version: Name: Purchase of Real Property - Mahadeva, LLC - 3055-3061 16th Street - Homelessness and Supportive Housing - $5,715,000
Type: Resolution Status: Passed
Introduced: 9/7/2021 In control: Clerk of the Board
On agenda: Final action: 10/22/2021
Enactment date: 10/22/2021 Enactment #: 480-21
Title: Resolution 1) approving and authorizing the Director of Property, on behalf of the Department of Homelessness and Supportive Housing (“HSH”), to acquire certain property located at 3055-3061 16th Street (“Property”); 2) approving and authorizing HSH, on behalf of the City, to apply to the California Department of Housing and Community Development (“HCD”) for its 2021 Homekey Grant Program (“Project Homekey”) to purchase the Property; 3) approving and authorizing an Agreement of Purchase and Sale for Real Estate for the acquisition of the Property, for $5,600,000 plus an estimated $115,000 for typical closing costs for a total amount of $5,715,000 from Mahadeva, LLC (“Purchase Agreement”); 4) authorizing the Director of Property to execute the Purchase Agreement, make certain modifications, and take certain actions in furtherance of this Resolution and the Purchase Agreement, as defined herein; 5) affirming the Planning Department’s determination under the California Environmental Quality Act; and 6) adopting the Planning Department’s findings that the Purchase Agreement, and the transaction contemplated therein, is consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1.
Sponsors: Mayor, Hillary Ronen, Ahsha Safai
Attachments: 1. Leg Ver1, 2. Executed Purchase and Sale Agreement, 3. PLN GPR 090121, 4. RED Ltr 090321, 5. Form 126, 6. BLA Report 092921, 7. Comm Pkt 092921, 8. Public Correspondence, 9. BLA Report 100621, 10. Leg Ver2, 11. HSH Presentation 092921, 12. Comm Pkt 100621, 13. Leg Ver3, 14. NOFA Homekey Program 090921, 15. Board Pkt 101921, 16. Leg Final, 17. Form 126 Final, 18. Final Grant Deed 123021
Related files: 221157, 220885
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
1/12/20223 Clerk of the Board RECEIVED FROM DEPARTMENT  Action details Meeting details Not available
10/22/20213 Mayor APPROVED  Action details Meeting details Not available
10/19/20213 Board of Supervisors ADOPTEDPass Action details Meeting details Video Video
10/6/20212 Budget and Finance Committee AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLEPass Action details Meeting details Video Video
10/6/20213 Budget and Finance Committee RECOMMENDED AS AMENDEDPass Action details Meeting details Not available
9/29/20211 Budget and Finance Committee AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLEPass Action details Meeting details Video Video
9/29/20212 Budget and Finance Committee CONTINUED AS AMENDEDPass Action details Meeting details Not available
9/7/20211 President RECEIVED AND ASSIGNED  Action details Meeting details Not available
Legislation Details
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