City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
240477
Name:
Purchase of Real Property - PACIFICA SFO LLC -
624 Laguna Street - $13,800,000
Status:
Type:
Resolution
Mayors Office
File created:
In control:
5/7/2024
Budget and Finance Committee
On agenda:
Final action:
7/16/2024
Enactment date:
Enactment #:
Title:
Resolution approving and authorizing the Director of Property to acquire certain real property located
at 624 Laguna Street (“Property”); approving and authorizing an Agreement of Purchase and Sale for
Real Estate for the acquisition of the Property, for the purchase price of $13,780,000 plus an
estimated $20,000 for typical closing costs, for a total amount of $13,800,000 from PACIFICA SFO
LLC, a California limited liability company (“Purchase Agreement”); authorizing the Director of
Property to execute the Purchase Agreement, make certain modifications, and take certain actions in
furtherance of this Resolution and the Purchase Agreement, as defined herein; affirming the Planning
Department’s determination under the California Environmental Quality Act; and adopting the
Planning Department’s findings that the Purchase Agreement, and the transaction contemplated
therein, is consistent with the General Plan, and the eight priority policies of Planning Code, Section
101.1.
Sponsors:
Mayor, Dean Preston, Aaron Peskin, Rafael Mandelman, Hillary Ronen
Attachments:
1. Leg Ver1, 2. DRAFT Sale and Purchase Agmt, 3. PLN GPR 081723, 4. RED Memo 050624, 5.
Form 126, 6. BLA Rpt 060524, 7. Cmte Pkt 060524, 8. BLA Rpt 071024, 9. Cmte Pkt 071024, 10.
RED Presentation 071024, 11. Board Pkt 071624
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
5/7/2024
1
CONTINUED TO CALL OF THE CHAIR
Budget and Finance Committee
6/5/2024
1
Pass
RECOMMENDED
Budget and Finance Committee
7/10/2024
1
Pass
Board of Supervisors
7/16/2024
1