File #: 240308    Version: 1 Name: Ground Lease Agreements - Transbay 2 Family, LP and Transbay 2 Family Commercial, LLC - 200 Folsom Street - Transbay Block 2 East - $15,001 Base Rent per Year
Type: Resolution Status: Passed
Introduced: 3/26/2024 In control: Clerk of the Board
On agenda: 4/23/2024 Final action: 5/3/2024
Enactment date: 5/3/2024 Enactment #: 203-24
Title: Resolution approving and authorizing the Office of Community Investment and Infrastructure as Successor Agency to the Redevelopment Agency of the City and County of San Francisco to execute ground leases at 200 Folsom Street (commonly known as Transbay Block 2 East) with Transbay 2 Family, LP for $15,000 per year and with Transbay 2 Family Commercial, LLC for $1 per year, each for a term of 75 years for the purpose of developing housing for low- and moderate-income households, including formerly homeless households, and ground floor childcare and community commercial space; and making findings under Section 33433 of the Health and Safety Code as required under the Transbay Redevelopment Plan.
Sponsors: Mayor, Matt Dorsey, Rafael Mandelman
Attachments: 1. Leg Ver1, 2. DRAFT Ground Lease - Transbay 2 Family Commercial LLC, 3. DRAFT Ground Lease - Transbay 2 Family LP, 4. OCII Reso No. 07-2024 031924, 5. OCII 33433 Rpt 031924, 6. OCII Memo 031924, 7. Form 126 - Transbay 2 Family Commercial LLC, 8. Form 126 - Transbay 2 Family LP, 9. Board Pkt 042324, 10. Form 126 Final (2 Contracts), 11. Leg Final
Related files: 050184, 060347, 240307, 240306
Legislation Details
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