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File #: 220729    Version: Name: Settlement of Lawsuit - Phi Associates (Drisco Hotel) to Make Payments to Benefit the Swords to Plowshares Veterans Academy $2,500,000
Type: Ordinance Status: Passed
Introduced: 9/27/2022 In control: Clerk of the Board
On agenda: 9/27/2022 Final action: 12/16/2022
Enactment date: 12/16/2022 Enactment #: 251-22
Title: Ordinance authorizing settlement of the lawsuit filed by Phi Associates L.P., against the City and County of San Francisco for payments by Phi Associates of $2,500,000 to provide construction loan repayment, and fund capital improvements and operating reserves, and thereby support affordable housing for veterans at the Veterans Academy located at 1030 Girard Road, San Francisco, operated by Swords to Plowshares (“Veterans Academy”), in exchange for the release of 16 Residential Hotel rooms from regulation under the Hotel Conversion Ordinance; the lawsuit was filed on March 17, 2021, in San Francisco Superior Court, Case No. CPF-21-517409, entitled Phi Assoc., L.P. v. City and County of San Francisco; the lawsuit involves petitioner’s challenge to the City’s enforcement of the Hotel Conversion Ordinance at the Drisco Hotel, located at 2901 Pacific Avenue, San Francisco.
Attachments: 1. Leg Ver1, 2. Comm Pkt 102022, 3. Comm Pkt 110322, 4. Comm Pkt 111722, 5. Leg Ver2, 6. Board Pkt 112922, 7. Board Pkt 120622, 8. Leg Final
Legislation Details
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