City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
140265
Name:
Resolution of Intent - Multifamily Housing Revenue
Bonds - 200-6th Street
Status:
Type:
Resolution
Passed
File created:
In control:
3/18/2014
Clerk of the Board
On agenda:
Final action:
4/3/2014
Enactment date:
4/3/2014
102-14
Enactment #:
Title:
Resolution declaring the intent of the City and County of San Francisco (the “City”) to reimburse
certain expenditures from proceeds of future bonded indebtedness; authorizing the Director of the
Mayor’s Office of Housing and Community Development (the “Director”) to submit an application and
related documents to the California Debt Limit Allocation Committee (CDLAC) to permit the issuance
of residential mortgage revenue bonds in an aggregate principal amount of $35,000,000 for 200-6th
Street, (Assessor’s Parcel No. 3731, Lot No. 1); authorizing and directing the Director to direct the
Controller’s Office to hold in trust an amount not to exceed $100,000 in accordance with CDLAC
procedures; authorizing the Director to certify to CDLAC that the City has on deposit the required
amount; authorizing the Director to pay an amount equal to such deposit to the State of California if
the City fails to issue the residential mortgage revenue bonds; approving, for purposes of the Internal
Revenue Code of 1986, as amended, the issuance and sale of residential mortgage revenue bonds
by the City in an aggregate principal amount of $35,000,000; authorizing and directing the execution
of any documents necessary to implement this Resolution; and ratifying and approving any action
heretofore taken in connection with the Project (as defined herein) and the Application (as defined
herein).
Sponsors:
Jane Kim
Attachments:
1. Leg Ver1, 2. Board_Pkt_032514, 3. MOHCD Hearing Minutes 032414, 4. Leg_Final
Action By
Date
Action
Result
Ver.
REFERRED FOR ADOPTION WITHOUT
COMMITTEE REFERENCE AGENDA AT
THE NEXT BOARD MEETING
President
3/18/2014
1
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING NEW TITLE
Board of Supervisors
3/25/2014
1
ADOPTED
Board of Supervisors
3/25/2014
1
Pass
APPROVED
Mayor
4/3/2014
1
Pass