City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
120709
Name:
Issuance and Delivery - Multifamily Housing
Revenue Note - 121 Golden Gate Avenue Senior
Community Housing - Not to Exceed $25,370,000
Status:
Type:
Resolution
Passed
File created:
In control:
6/19/2012
Board of Supervisors
On agenda:
Final action:
7/24/2012
Enactment date:
7/24/2012
276-12
Enactment #:
Title:
Resolution authorizing the issuance and delivery of a multifamily housing revenue note in a principal
amount not to exceed $25,370,000 for the purpose of providing financing for the acquisition and
construction of a 90-unit multifamily rental housing project known as 121 Golden Gate Avenue Senior
Community; approving the form of and authorizing the execution of a funding loan agreement;
approving the form of and authorizing the execution of a borrower 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; authorizing the collection of certain fees; approving issuance of the note following a public
hearing; approving modifications, changes and additions to the documents; granting general authority
to City officials to take actions necessary to implement this resolution; and ratifying and approving any
action heretofore taken in connection with the note and the project.
Sponsors:
Jane Kim
Attachments:
1. Legislation_Ver1, 2. Comm_Packet_070912, 3. Board_Packet_071712, 4. Legislation_Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
6/19/2012
1
RECOMMENDED..
Land Use and Economic
Development Committee
7/9/2012
1
Pass
ADOPTED
Board of Supervisors
7/17/2012
1
Pass
APPROVED
Mayor
7/24/2012
1