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File #: 211266    Version: 1 Name: Loan Agreement - Sunnydale Infrastructure Phase 1A3 LLC - Sunnydale HOPE SF - Infrastructure Improvements - Not to Exceed $25,072,111
Type: Resolution Status: Passed
Introduced: 12/7/2021 In control: Clerk of the Board
On agenda: Final action: 2/18/2022
Enactment date: 2/18/2022 Enactment #: 045-22
Title: Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community Development to execute an Amended and Restated Loan Agreement with Sunnydale Infrastructure Phase 1A3 LLC, a California limited liability company, for a total loan amount not to exceed $25,072,111 to finance the second phase of infrastructure improvements and housing development related to the revitalization and master development of up to 1,770 units of replacement public housing, affordable housing and market rate housing, commonly known as the Sunnydale HOPE SF Development (“Sunnydale Project”); and adopting findings that the loan agreement is consistent with the adopted Mitigation Monitoring and Reporting Program under the California Environmental Quality Act, the General Plan, and the priority policies of Planning Code, Section 101.1.
Sponsors: Mayor, Shamann Walton, Ahsha Safai
Attachments: 1. Leg Ver1, 2. DRAFT Amended & Restated Loan Agrmt, 3. RFQ 101607, 4. Developer RFQ Summary 030308, 5. Mercy v. McCormack Score Results, 6. Form 126, 7. BLA Rpt 020222, 8. Cmte Pkt 020222, 9. HOPE SF-REC Presentation 020222, 10. Board Pkt 020822, 11. Leg Final, 12. Form 126 Final
Related files: 161309, 161164
Legislation Details
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