City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
150336
Name:
Multifamily Housing Revenue Note - 588 Mission
Bay Boulevard North (aka Mission Bay South Block
7 West) - Not to Exceed $61,427,368
Status:
Type:
Resolution
Passed
File created:
In control:
3/31/2015
Clerk of the Board
On agenda:
Final action:
5/8/2015
Enactment date:
161-15
Enactment #:
Title:
Resolution authorizing the issuance and delivery of a multifamily housing revenue note in an
aggregate principal amount not to exceed $61,427,368 for the purpose of providing financing for the
acquisition and construction of a 200-unit multifamily rental housing project located in the City at 588
Mission Bay Boulevard North (aka Mission Bay South Block 7 West); approving the form of and
authorizing the execution of a funding loan agreement providing the terms and conditions of the note
and authorizing the execution and delivery thereof; approving the form of and authorizing the
execution of a regulatory agreement and declaration of restrictive covenants; approving the forms of
and authorizing the execution of certain loan documents; authorizing the collection of certain fees;
ratifying and approving any action heretofore taken in connection with the note and the project, as
defined herein; granting general authority to City officials to take actions necessary to implement this
Resolution, and subject to the terms of this Resolution, as defined herein; and related matters, as
defined herein.
Sponsors:
Jane Kim
Attachments:
1. Leg Ver1, 2. MOHCD Ltr 033015, 3. Borrower Loan Agrmt, 4. Funding Loan Agrmt, 5. Project
Description, 6. Reg Agrmt, 7. Asgmt of Deed of Trust, 8. Form 126, 9. Comm Pkt 041515, 10. Comm
Pkt 042215, 11. Leg Ver2, 12. Board Pkt 042815, 13. Form 126 Final, 14. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
3/31/2015
1
CONTINUED
Budget and Finance Sub-
Committee
4/15/2015
1
Pass
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING NEW TITLE
Budget and Finance Sub-
Committee
4/22/2015
1
Pass
RECOMMENDED AS AMENDED
Budget and Finance Sub-
Committee
4/22/2015
2
Pass
ADOPTED
Board of Supervisors
4/28/2015
2
Pass
APPROVED
Mayor
5/8/2015
2