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Meeting Name: Budget and Finance Sub-Committee Agenda status: Final
Meeting date/time: 7/18/2016 10:30 AM Minutes status: Final  
Meeting location: City Hall, Legislative Chamber, Room 250
Special Meeting
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Attachments:
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160670 2 Initiative Ordinance - Business and Tax Regulations Code - Half-Cent Sales Tax Increase for TransportationOrdinanceKilledOrdinance amending the Business and Tax Regulations Code to impose a transactions (sales) and use tax at the rate of one-half of one percent (0.5%) for 25 years, to be imposed by the San Francisco County Transportation Authority and administered by the State Board of Equalization; adopt the San Francisco Transportation Expenditure Plan; designate the Transportation Authority as the independent agency to oversee implementation of the San Francisco Transportation Expenditure Plan; authorize the issuance of bonds or other obligations to finance the projects identified in the Expenditure Plan; and establish an appropriations limit; and directing submission of the tax for voter approval at the November 8, 2016 general municipal election.REFERRED WITHOUT RECOMMENDATION AS COMMITTEE REPORTPass Action details Video Video
160557 1 General Obligation Bond Election - Amending Earthquake Loan Bond Program to Finance Permanent Affordable Housing - $350,000,000ResolutionPassedResolution determining and declaring that the public interest and necessity demand the acquisition, improvement and rehabilitation and conversion of “at-risk” multi-unit residential buildings to permanent affordable housing and performing needed seismic, fire, health, and safety upgrades, and other major rehabilitation for habitability, to be financed through bonded indebtedness in an amount not to exceed $350,000,000; providing for the levy and collection of taxes to pay both principal and interest on such bonds; setting certain procedures and requirements for the election; adopting findings under the California Environmental Quality Act; and finding that the proposed bond is in conformity with the General Plan, and the eight priority policies of Planning Code, Section 101.1.RECOMMENDED AS COMMITTEE REPORTPass Action details Video Video
160552 3 General Obligation Bond Election - Amending Earthquake Loan Bond Program to Finance Permanent Affordable HousingOrdinancePassedOrdinance calling and providing for a special election to be held in the City and County of San Francisco on November 8, 2016, for the purpose of submitting to San Francisco voters a proposition to amend Proposition A (approved November 1992) to authorize the City to incur general obligation bonded indebtedness (Bonds) for the purpose of making amendments to the Affordable Housing Loan Program (as defined herein) and the Market Rate Loan Program (as defined) for the additional purposes of providing loans to finance the costs to acquire, improve, and rehabilitate and to convert at-risk multi-unit residential buildings to permanent affordable housing, performing needed seismic, fire, health, and safety upgrades and other major rehabilitation for habitability, and related costs necessary or convenient for the foregoing purposes; providing for the levy and collection of taxes to pay both principal and interest on such Bonds; incorporating the provisions of the Administrative Code relating to the Citizens’ General Obligation Bond Oversight Committee’s review of the Bonds; setting certain RECOMMENDED AS COMMITTEE REPORTPass Action details Video Video