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230546
| 1 | | Hearing - Update on the Healthy Airport Ordinance Implementation | Hearing | Filed | Hearing to receive an update on the current implementation of the Healthy Airport Ordinance, including presentations on 1) a list of contractors responsible for complying with the Healthy Airport Ordinance; 2) a comparison of airport contractor worker wages to other comparable industries; 3) whether San Francisco Airport (SFO) contractor leases and contracts include compliance language with the Healthy Airport Ordinance; and 4) worker retention for low-wage workers versus other workers, utilizing badging data; and requesting for the San Francisco Airport to present. | CONTINUED TO CALL OF THE CHAIR | Pass |
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230473
| 1 | | Airport Commission Bond-Related Authorizations | Resolution | Passed | Resolution approving the issuance of not to exceed $6,060,195,000 aggregate principal amount of San Francisco International Airport Second Series Refunding Revenue Bonds to refinance Bonds and Subordinate Bonds; approving the issuance of not to exceed $60,525,000 aggregate principal amount of San Francisco International Airport Special Facilities Bonds to refund bonds issued to finance fuel storage and delivery facilities; approving the issuance of not to exceed $262,530,000 aggregate principal amount of San Francisco International Airport Special Facilities Bonds to refund bonds issued to finance the Airport Hotel; approving revolving lines of credit and term loans in an available principal amount, together with the aggregate outstanding principal amount of Subordinate Bonds issued as Commercial Paper Notes, not to exceed $600,000,000; approving the purchase of Bonds or Subordinate Bonds by the Airport; approving the maximum interest rates, maturity dates and number of issues of such Capital Plan Bonds, Refunding Bonds, Subordinate Bonds and Special Facilities Bonds; approving certa | CONTINUED TO CALL OF THE CHAIR | Pass |
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230509
| 1 | | Multifamily Housing Revenue Notes - 730 Stanyan Associates, L.P. - Not to Exceed $90,000,000 | Resolution | Passed | Resolution authorizing the execution and delivery of multifamily housing revenue notes in one or more series in an aggregate principal amount not to exceed $90,000,000 for the purpose of providing financing for the construction of a 160-unit multifamily rental housing project known as 730 Stanyan; approving the form of and authorizing the execution of a funding loan agreement providing the terms and conditions of the construction loan from the construction funding lender to the City, and the execution and delivery of the construction notes; approving the form of and authorizing the execution of a project loan agreement providing the terms and conditions of the construction loan from the City to the borrower; approving the form of and authorizing the execution of an amended and restated funding loan agreement providing the terms and conditions of the permanent loan from the permanent funding lender to the City, and the execution and delivery of the permanent notes; approving the form of and authorizing the execution of an amended and restated project loan agreement providing the terms | RECOMMENDED | Pass |
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230524
| 1 | | Ground Lease and Amended and Restated Loan Agreement - 730 Stanyan Street - 100% Affordable Housing - Base Rent of $15,000 - Loan Not to Exceed $69,528,927 | Resolution | Passed | Resolution 1) approving and authorizing the Director of Property and Director of the Mayor’s Office of Housing and Community Development (“MOHCD”) to enter into a Ground Lease for real property owned by the City located at 730 Stanyan Street (“Property”) with 730 Stanyan Associates, L.P. for a lease term of 75 years and one 24-year option to extend and an annual base rent of $15,000 (“Ground Lease”) in order to construct a 160 unit multifamily rental housing development affordable to very low- and low-income households (the “Project”); 2) approving and authorizing an Amended and Restated Loan Agreement in an amount not to exceed $69,528,927 for a minimum loan term of 57 years (“Loan Agreement”) to finance the development and construction of the Project; 3) adopting findings that the Project and proposed transactions are consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; 4) adopting findings declaring that the Property is “exempt surplus land” pursuant to the California Surplus Lands Act; 5) determining that the less than market rent pay | AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLE | Pass |
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230524
| 1 | | Ground Lease and Amended and Restated Loan Agreement - 730 Stanyan Street - 100% Affordable Housing - Base Rent of $15,000 - Loan Not to Exceed $69,528,927 | Resolution | Passed | Resolution 1) approving and authorizing the Director of Property and Director of the Mayor’s Office of Housing and Community Development (“MOHCD”) to enter into a Ground Lease for real property owned by the City located at 730 Stanyan Street (“Property”) with 730 Stanyan Associates, L.P. for a lease term of 75 years and one 24-year option to extend and an annual base rent of $15,000 (“Ground Lease”) in order to construct a 160 unit multifamily rental housing development affordable to very low- and low-income households (the “Project”); 2) approving and authorizing an Amended and Restated Loan Agreement in an amount not to exceed $69,528,927 for a minimum loan term of 57 years (“Loan Agreement”) to finance the development and construction of the Project; 3) adopting findings that the Project and proposed transactions are consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; 4) adopting findings declaring that the Property is “exempt surplus land” pursuant to the California Surplus Lands Act; 5) determining that the less than market rent pay | RECOMMENDED AS AMENDED | Pass |
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230508
| 1 | | Loan Agreement - SFCLT TNFF Holdings LLC - 2840-2848 Folsom Street, 4042-4048 Fulton Street, 568-570 Natoma Street, and 308 Turk Street - Not to Exceed $18,700,481 | Resolution | Passed | Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community Development (“MOHCD”) to execute documents relating to a loan agreement with SFCLT TNFF Holdings LLC in an aggregate total amount not to exceed $18,700,481 to finance the acquisition, rehabilitation, and permanent refinancing of four existing affordable multifamily rental housing projects for low- to moderate-income households, known as “SFCLT Scattered Sites,” consisting of a total of 36 rental units in four buildings located at 2840-2848 Folsom Street, 4042-4048 Fulton Street, 568-570 Natoma Street, and 308 Turk Street, and to construct one accessory dwelling unit at 4042-4048 Fulton Street, pursuant to the Small Sites Program (collectively, the “Project”); affirming the Planning Department’s determination under the California Environmental Quality Act; adopting findings that the Project and the proposed transactions are consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; and authorizing the Director of MOHCD or his or her designee to execu | AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLE | Pass |
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230508
| 2 | | Loan Agreement - SFCLT TNFF Holdings LLC - 2840-2848 Folsom Street, 4042-4048 Fulton Street, 568-570 Natoma Street, and 308 Turk Street - Not to Exceed $18,700,481 | Resolution | Passed | Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community Development (“MOHCD”) to execute documents relating to a loan agreement with SFCLT TNFF Holdings LLC in an aggregate total amount not to exceed $18,700,481 to finance the acquisition, rehabilitation, and permanent refinancing of four existing affordable multifamily rental housing projects for low- to moderate-income households, known as “SFCLT Scattered Sites,” consisting of a total of 36 rental units in four buildings located at 2840-2848 Folsom Street, 4042-4048 Fulton Street, 568-570 Natoma Street, and 308 Turk Street, and to construct one accessory dwelling unit at 4042-4048 Fulton Street, pursuant to the Small Sites Program (collectively, the “Project”); affirming the Planning Department’s determination under the California Environmental Quality Act; adopting findings that the Project and the proposed transactions are consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; and authorizing the Director of MOHCD or his or her designee to execu | RECOMMENDED AS AMENDED | Pass |
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230506
| 1 | | Apply for Grant - California Department of Housing and Community Development - Homekey Grant Program - 1174-1178 Folsom Street and 663 Clementina Street - Not to Exceed $14,720,000 | Resolution | Passed | Resolution approving and authorizing the Department of Homelessness and Supportive Housing to apply to the California Department of Housing and Community Development for a Homekey Grant for the property located at 1174-1178 Folsom Street and 663 Clementina Street in an amount not to exceed $14,720,000 on behalf of the City and County of San Francisco. | RECOMMENDED | Pass |
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