City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
031208
Name:
Ground Lease of Redevelopment Agency Land for
Jordan Apartments
Status:
Type:
Resolution
Passed
File created:
In control:
7/8/2003
Board of Supervisors
On agenda:
Final action:
8/12/2003
8/22/2003
Enactment date:
538-03
Enactment #:
Title:
Resolution approving (1) a ground lease of land at 820 O'Farrell Street (Assessor's Block 0716, Lot
003) from the San Francisco Redevelopment Agency to Jordan Housing Corporation, a California
nonprofit public benefit corporation ("JHC"), for $1.00 per year plus $129,999 per year of deferred rent
for sixty-five (65) years with an option to renew for an additional thirty-four (34) years, and (2) the sale
of improvements thereon for $2,050,000 to JHC for the purpose of rehabilitating, owning and
operating housing for very low income households.
Sponsors:
Mayor
Attachments:
1. Leg_Ver1, 2. Leg_Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
7/8/2003
1
SCHEDULED FOR PUBLIC HEARING
President
7/8/2003
1
ADOPTED
Board of Supervisors
8/12/2003
1
Pass
APPROVED
Mayor
8/22/2003
1