City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
121021
Name:
Multifamily Housing Revenue Note - Candlestick
Heights Apartments - 833-881 Jamestown Street -
Not to Exceed $70,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
10/16/2012
Board of Supervisors
On agenda:
Final action:
11/7/2012
Enactment date:
11/7/2012
400-12
Enactment #:
Title:
Resolution authorizing the issuance and delivery of a multifamily housing revenue note in a principal
amount not to exceed $70,000,000 for the purpose of providing financing for the acquisition and
construction of a 196-unit multifamily residential rental housing project located at 833-881 Jamestown
Street, known as Candlestick Heights Apartments: 1) approving the form of and authorizing the
execution of a funding loan agreement; 2) approving the form of and authorizing the execution of a
borrower loan agreement; 3) providing the terms and conditions of the note and authorizing the
execution and delivery thereof; 4) approving the form of and authorizing the execution of a regulatory
agreement and declaration of restrictive covenants; 5) authorizing the collection of certain fees; 6)
approving modifications, changes, and additions to the documents; 7) granting general authority to
City officials to take actions necessary to implement this Resolution; and 8) 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_102412, 3. Board_Packet_103012, 4. Legislation_Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
10/16/2012
1
RECOMMENDED
Budget and Finance Committee
10/24/2012
1
Pass
ADOPTED
Board of Supervisors
10/30/2012
1
Pass
APPROVED
Mayor
11/7/2012
1