File #: 101158    Version: 1 Name: Taxable and/or Tax Exempt Certificates of Participation (HOPE SF) - Not to Exceed $38,000,000
Type: Ordinance Status: Passed
Introduced: 9/14/2010 In control: Board of Supervisors
On agenda: Final action: 11/5/2010
Enactment date: Enactment #: 266-10
Title: Ordinance authorizing the execution and delivery of Taxable and/or Tax Exempt Certificates of Participation (HOPE SF) in an aggregate principal amount not to exceed $38,000,000 to finance certain capital improvement projects; approving the form of a Trust Agreement between the City and County of San Francisco and the trustee (including certain indemnities contained therein); granting authorization for the selection of a trustee; approving the form of a Property Lease between the City and the Trustee named therein relating to certain property generally known as the Mission Police Station, certain property generally known as the Bayview Station of the San Francisco Police Department and certain other City-owned property; approving the form of a Project Lease between the City and the Trustee (including certain indemnities contained therein); delegating to the Director of Public Finance the authority to sell the Certificates of Participation by either a competitive or negotiated sale; approving the form of an Official Notice of Sale and a Notice of Intention to Sell the Taxable and/or Tax Exempt Certificates of Participation (HOPE SF), if sold by competitive sale; authorizing certain actions relating to the Taxable and/or Tax Exempt Certificates of Participation (HOPE SF), if sold by negotiated sale including approving the form of a Purchase Contract between the City and an underwriter named therein; approving the form of an Official Statement in preliminary form; approving the form of a Continuing Disclosure Certificate; granting general authority to City officials to take necessary actions in connection with the authorization, sale, execution and delivery of the Taxable and/or Tax Exempt Certificates of Participation (HOPE SF); approving modifications to documents; and ratifying previous actions taken in connection therewith.
Sponsors: Mayor
Attachments: 1. Leg_Ver1, 2. Bdgt_Analyst_Rpt_101310, 3. Comm_Packet_101310, 4. Board_Packet_101910, 5. Board_Packet_102610, 6. Leg_Final
Related files: 170294
Legislation Details
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