City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
120757
Name:
Multifamily Housing Revenue Note - Ridgeview
Terrace Apartments - 140 Cashmere Street - Not to
Exceed $20,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
7/10/2012
Board of Supervisors
On agenda:
Final action:
7/17/2012
8/7/2012
Enactment date:
8/7/2012
312-12
Enactment #:
Title:
Resolution authorizing the issuance and delivery of a multifamily housing revenue note in a principal
amount not to exceed $20,000,000 for the purpose of providing financing for the acquisition and
rehabilitation of a 101-unit multifamily residential rental housing project known as Ridgeview Terrace
Apartments located at 140 Cashmere Street; 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:
Malia Cohen
Attachments:
1. Legislation_Ver1, 2. Comm_Packet_072512, 3. Board_Packet_073112, 4. Legislation_Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
7/10/2012
1
TRANSFERRED
President
7/18/2012
1
RECOMMENDED
Budget and Finance Sub-
Committee
7/25/2012
1
Pass
ADOPTED
Board of Supervisors
7/31/2012
1
Pass
APPROVED
Mayor
8/7/2012
1