City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
130658
Name:
Restated Option Agreement - Sale of Surplus Real
Property in Mountain View to MV Urban Village
Homes, LLC - $8,100,000
Status:
Type:
Resolution
Passed
File created:
In control:
6/18/2013
Clerk of the Board
On agenda:
Final action:
7/19/2013
Enactment date:
7/19/2013
232-13
Enactment #:
Title:
Resolution approving a Restated Option Agreement for the sale of surplus lands under the jurisdiction
of the San Francisco Public Utilities Commission (SFPUC) located in Mountain View, Santa Clara
County, California near the intersection of Whisman and Tyrella Avenues, to MV Urban Village
Homes, LLC, a California limited liability company (Optionee), a joint venture between KMJ Urban
Communities, LLC (KMJ), and SummerHill Homes, LLC (SummerHill) in the amount of $8,100,000,
and reserving an easement to the SFPUC; authorizing the Director of Property or the SFPUC’s
General Manager to execute documents, make modifications, and take actions in furtherance of this
Resolution; and adopting findings that the transactions contemplated by the Restated Option
Agreement are consistent with the City’s General Plan and with the Eight Priority Policies of City
Planning Code, Section 101.1.
Sponsors:
Mayor
Attachments:
1. Leg_Ver1, 2. Cat_Ex_121912, 3. Rest_Option_Agmt, 4. Form_126, 5. Comm_Packet_062413, 6.
Board_Packet_070913, 7. Form_126, 8. Leg_Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
6/18/2013
1
RECOMMENDED..
Land Use and Economic
Development Committee
6/24/2013
1
Pass
ADOPTED
Board of Supervisors
7/9/2013
1
Pass
APPROVED
Mayor
7/19/2013
1