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Meeting Name: Budget and Finance Sub-Committee Agenda status: Final
Meeting date/time: 5/18/2017 10:00 AM Minutes status: Final  
Meeting location: City Hall, Legislative Chamber, Room 250
Regular Meeting
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Attachments:
File #Ver.Agenda #NameTypeStatusTitleActionResultAction DetailsVideo
170470 1 Increase of Wastewater Enterprise Commercial Paper Program - Not to Exceed $750,000,000ResolutionPassedResolution authorizing an increase of the principal amount of the Wastewater Enterprise's Commercial Paper Program by $250,000,000 from a principal amount not to exceed $500,000,000 to a principal amount not to exceed $750,000,000 such Commercial Paper to be issued from time to time by the San Francisco Public Utilities Commission to finance on an interim basis various capital projects benefitting the Wastewater Enterprise, pursuant to amendments to the Charter of the City and County of San Francisco enacted by the voters on November 5, 2002, as Proposition E; and ratifying previous actions taken in connection therewith, as defined herein.RECOMMENDED AS COMMITTEE REPORTPass Action details Video Video
170445 1 Emergency Declaration - Camp Mather Tree Removals - Estimated Cost of Repairs Exceeds $250,000ResolutionPassedResolution approving the Recreation and Park Department General Manager’s declaration of an emergency based on catastrophic tree mortality at Camp Mather, estimated cost of more than $250,000 to repair, pursuant to Administrative Code, Section 6.60(b).RECOMMENDEDPass Action details Video Video
170322 1 License and Services Agreement Modification - Airport Research and Development Foundation - Application-Based Commercial Ground Transportation Trip Fee Collection ServicesResolutionPassedResolution retroactively approving Modification No. 1 to License and Services Agreement No. 50037 between the City and County of San Francisco, acting by and through its Airport Commission, and Airport Research and Development Foundation, a not-for-profit corporation, to cap the City’s Administrative Services Fee at $250,000 annually for the period of March 13, 2017, through March 12, 2020.RECOMMENDEDPass Action details Video Video
170472 1 Multifamily Housing Revenue Bonds - Eddy and Taylor Family Housing - Not to Exceed $47,423,000ResolutionPassedResolution authorizing the issuance, sale and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $47,423,000 for the purpose of providing financing for the acquisition, development and construction of a 113-unit multifamily rental housing project known as Eddy and Taylor Family Housing; approving the form of and authorizing the execution of an indenture of trust providing the terms and conditions of the bonds; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; approving the form of and authorizing the execution of a loan agreement; authorizing the collection of certain fees; approving modifications, changes and additions to the documents; ratifying and approving any action heretofore taken in connection with the bonds and the project; granting general authority to City officials to take actions necessary to implement this Resolution; and related matters, as defined herein.RECOMMENDEDPass Action details Video Video
170473 1 Real Property Agreements - Eddy & Taylor Associates, L.P. - 210 Taylor Street - Purchase and Sale of Real Estate and Ground Lease - $10,600,000 Purchase Price and $15,000 Annual Base RentResolutionPassedResolution approving and authorizing the execution and performance of an Agreement of Purchase and Sale of Real Estate in connection with the acquisition of a parcel located at 210 Taylor Street (Assessor’s Parcel Block No. 0331, Lot No. 028) (“the Property”), for $10,600,000 authorizing a long term, 87 years, with a 12 year extension option Ground Lease of the Property for $15,000 annual base rent with Eddy & Taylor Associates, L.P., to construct a 100% affordable, 113-unit multifamily rental housing development for low-income households and formally homeless families and a commercial shell for a 5,677 square foot commercial space; adopting findings that the conveyance and lease are consistent with the California Environmental Quality Act, the General Plan, and the priority policies of Planning Code, Section 101.1; and authorizing and directing the Director of Property and Director of the Mayor's Office of Housing and Community Development to execute documents, make certain modifications, and take certain actions in furtherance of this Resolution.RECOMMENDEDPass Action details Video Video
170474 1 Application to Acquire Real Property - 1064-1068 Mission Street - Department of Health and Human Services Federal Property Assistance Program - Constructing Supportive HousingResolutionPassedResolution authorizing the Mayor’s Office of Housing and Community Development to submit an application to the Department of Health and Human Services Federal Property Assistance Program, in order to acquire the real property located at 1064-1068 Mission Street for use in constructing supportive housing for homeless San Franciscans.RECOMMENDED AS COMMITTEE REPORTPass Action details Video Video
170522 1 Real Property Acquisition - 772 Pacific Avenue - Shew Yick Trust One, Robert Yick Trust Two, and Robert Yick Non-Exempt Assets Trust - Affordable Housing Project - Below Fair Market Value Purchase of $5,000,000ResolutionPassedResolution authorizing the Real Estate Division, on behalf of the Mayor’s Office of Housing and Community Development, to acquire Real Property located at 772 Pacific Avenue from Shew Yick Trust One (Trustees Robert Yick and Andy Ting), Robert Yick Trust Two (Trustee Joseph Yick), and Robert Yick Non-Exempt Assets Trust (Trustee Mark Shustoff), for the purchase at below fair market value of $5,000,000 for use in constructing affordable housing for San Franciscans.RECOMMENDED AS COMMITTEE REPORTPass Action details Video Video
170519 1 Issuance of Special Tax Bonds - Community Facilities District No. 2014-1 (Transbay Transit Center) - Not to Exceed Aggregate Principal Amount of $207,500,000ResolutionPassedResolution authorizing the issuance and sale of two series of Special Tax Bonds for City and County of San Francisco Community Facilities District No. 2014-1 (Transbay Transit Center) in the aggregate principal amount not to exceed $207,500,000; and approving related documents and determining other matters in connection therewith, as defined herein.CONTINUED TO CALL OF THE CHAIRPass Action details Video Video
170517 1 Teeter Plan Extension - Community Facilities District No. 2014-1 (Transbay Transit Center)ResolutionPassedResolution extending the Teeter Plan to special taxes levied for City and County of San Francisco Community Facilities District No. 2014-1 (Transbay Transit Center).CONTINUED TO CALL OF THE CHAIRPass Action details Video Video
170520 1 Appropriation - Proceeds from Special Tax Bonds - Transbay Transit Center Project - FY2016-2017 - $207,500,000OrdinancePassedOrdinance appropriating $207,500,000 of Special Tax Bonds, Series 2017A and Series 2017B, to general City responsibility for financing related to the Transbay Transit Center Project and Transbay Plan infrastructure projects in FY2016-2017.CONTINUED TO CALL OF THE CHAIRPass Action details Video Video
170518 1 Annexation of Property - Community Facilities District No. 2014-1 (Transbay Transit Center)ResolutionPassedResolution determining that property located at Assessor’s Parcel Block No. 3740, Lot No. 029, and Block No. 3740, Lot Nos. 030-032, is annexed to the City and County of San Francisco Community Facilities District No. 2014-1 (Transbay Transit Center); and directing the Clerk of the Board of Supervisors to Record Notice of the Annexation.CONTINUED TO CALL OF THE CHAIRPass Action details Video Video
170468 1 Ordinance Authorizing Certificates of Participation - 1500 Mission Project - Not to Exceed $321,765,000OrdinancePassedOrdinance authorizing the execution and delivery of Certificates of Participation on a tax-exempt or taxable basis evidencing and representing an aggregate principal amount of not to exceed $321,765,000 to fund a portion of the development costs, including construction and improvement, and related FF&E (furniture, fixture, or other equipment), technology, and moving costs for the 1500 Mission Street office building; authorizing the issuance of commercial paper notes in advance of the delivery of the Certificates; approving the form of Trust Agreement between the City and County of San Francisco and the Trustee (including certain indemnities contained therein); authorizing the selection of the Trustee by the Director of Public Finance; approving respective forms of a Property Lease and a Lease Agreement, each between the City and the Trustee for the lease and lease back of certain property and facilities of the City; approving the forms of Purchase Contract, Official Notice of Sale, and Notice of Intention to Sell Certificates; directing the publication of the Notice of Intention to SRECOMMENDED AS COMMITTEE REPORTPass Action details Video Video
170464 2 Appropriation - Proceeds from Certificates of Participation for $321,765,000 to the General Service Agency - FY 2016-17OrdinancePassedOrdinance appropriating $321,765,000 of proceeds from Certificates of Participation to fund the development costs of the 1500 Mission Street office building development and related FF&E (furniture, fixture, or other equipment), technology, and moving costs in Fiscal Year 2016-2017 placing total $321,765,000 of proceeds on Controller’s Reserve pending sales of the Certificates of Participation and $28,397,433 of the requested $29,397,433 for FF&E, technology and moving on Budget and Finance Committee Reserve pending a report that identifies (a) number of employees and amount of space currently used by each City department, (b) number of employees and amount of space proposed to be used by each City department in the new City building, and (c) existing City leases that will be terminated, existing City leases that will be backfilled or reused, including square footage of leases, rent savings and any additional costs.AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLEPass Action details Video Video
170464 3 Appropriation - Proceeds from Certificates of Participation for $321,765,000 to the General Service Agency - FY 2016-17OrdinancePassedOrdinance appropriating $321,765,000 of proceeds from Certificates of Participation to fund the development costs of the 1500 Mission Street office building development and related FF&E (furniture, fixture, or other equipment), technology, and moving costs in Fiscal Year 2016-2017 placing total $321,765,000 of proceeds on Controller’s Reserve pending sales of the Certificates of Participation and $28,397,433 of the requested $29,397,433 for FF&E, technology and moving on Budget and Finance Committee Reserve pending a report that identifies (a) number of employees and amount of space currently used by each City department, (b) number of employees and amount of space proposed to be used by each City department in the new City building, and (c) existing City leases that will be terminated, existing City leases that will be backfilled or reused, including square footage of leases, rent savings and any additional costs.RECOMMENDED AS AMENDED AS A COMMITTEE REPORTPass Action details Not available
170471 1Heard in CConditional Purchase Agreement - City Office Project - 1500 Mission StreetResolutionPassedResolution ratifying the Conditional Purchase Agreement for the City’s Acquisition of an Office Project at 1500 Mission Street and authorizing the Director of Property and City staff to proceed with the Proposed Office Project; confirming the City’s authorization to issue commercial paper and/or certificates of participation to pay for the land acquisition and complete the Proposed Office Project; adopting environmental findings under the California Environmental Quality Act; and making findings of consistency the General Plan, and with the eight priority policies of Planning Code, Section 101.1.RECOMMENDED AS COMMITTEE REPORTPass Action details Video Video