City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
031209
Name:
Hearing - Ground Lease of Redevelopment Agency
Land for Jordan Apartments
Status:
Type:
Hearing
Filed
File created:
In control:
7/8/2003
Board of Supervisors
On agenda:
Final action:
8/12/2003
Enactment date:
Enactment #:
Title:
Hearing of persons interested in or objecting to proposed 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:
Attachments:
Action By
Date
Action
Result
Ver.
SCHEDULED FOR PUBLIC HEARING
Clerk of the Board
7/8/2003
1
HEARD AT PUBLIC HEARING
Board of Supervisors
8/12/2003
1
Pass