City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
130867
Name:
Multifamily Housing Revenue Note - Western Park
Apartments - Not to Exceed $30,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
9/10/2013
Clerk of the Board
On agenda:
Final action:
10/11/2013
Enactment date:
10/11/2013
347-13
Enactment #:
Title:
Resolution authorizing the execution, sale, and delivery of a multifamily housing revenue note in an
aggregate principal amount not to exceed $30,000,000 for the purpose of providing financing for the
acquisition and rehabilitation of a 182-unit affordable multifamily senior residential rental housing
project known as Western Park Apartments; approving the form of and authorizing the execution of a
funding loan agreement and 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 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 (as defined
herein).
Sponsors:
London N. Breed
Attachments:
1. Leg_Ver1, 2. Requlatory_Agreement_090313, 3. Borrower_Agreement_090413, 4. Form_126
Mayor, 5. Form_126 BOS, 6. Comm_Pkt_092513, 7. Board_Pkt_100113, 8. Leg_Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
9/10/2013
1
RECOMMENDED
Budget and Finance Committee
9/25/2013
1
Pass
ADOPTED
Board of Supervisors
10/1/2013
1
Pass
APPROVED
Mayor
10/11/2013
1