City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
140838
Name:
Exclusive Negotiation Agreement and Letter of
Intent - Related California Urban Housing, LLC -
Potential City Acquisition of a New Office Building at
1500-1580 Mission Street - Estimated Purchase
Price of $253,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
7/15/2014
Clerk of the Board
On agenda:
Final action:
8/7/2014
Enactment date:
8/7/2014
312-14
Enactment #:
Title:
Resolution approving an Exclusive Negotiation Agreement and Letter of Intent with Related California
Urban Housing, LLC, for the potential City purchase of an office building to be developed at 1500-
1580 Mission Street (Assessor’s Block No. 3506, Lot Nos. 2 and 3) at an estimated purchase price of
$253,000,000 and authorizing non-refundable payments of $1,000,000 toward land acquisition costs
and up to $250,000 toward schematic design costs.
Sponsors:
Mayor
Attachments:
1. Leg Ver1, 2. Real Estate Ltr 060414, 3. Attachment A, 4. Form 126 BOS, 5. Form 126 Mayor, 6.
Comm Pkt 062314, 7. Bdgt Analyst Rpt 072314, 8. Leg Ver2, 9. Board Pkt 072914, 10. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
7/15/2014
1
TRANSFERRED
President
7/17/2014
1
RECOMMENDED AS AMENDED
Budget and Finance Sub-
Committee
7/23/2014
2
Pass
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING SAME TITLE
Budget and Finance Sub-
Committee
7/23/2014
1
Pass
ADOPTED
Board of Supervisors
7/29/2014
2
Pass
APPROVED
Mayor
8/7/2014
2