City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
150684
Name:
Multifamily Housing Revenue Note - 800 Presidio
Avenue (aka the John Burton Foundation Housing
Complex) - Not to Exceed $15,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
6/23/2015
Clerk of the Board
On agenda:
Final action:
7/17/2015
Enactment date:
7/17/2015
268-15
Enactment #:
Title:
Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
aggregate principal amount not to exceed $15,000,000 for the purpose of providing financing for the
acquisition, construction, and development of a 50-unit multifamily residential rental housing project
located in the City at 800 Presidio Avenue (aka the John Burton Foundation Housing Complex);
approving the form of and authorizing the execution of a funding 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;
approving the forms of and authorizing the execution of certain loan documents; authorizing the
collection of certain fees; ratifying and approving any action heretofore taken in connection with the
note and the project; granting general authority to City officials to take actions necessary to implement
this Resolution; and related matters as defined herein.
Sponsors:
London N. Breed, Mark Farrell
Attachments:
1. Leg Ver1, 2. MOHCD Ltr 061612, 3. Project Description, 4. Regulatory Agrmt 080115, 5. Borrower
Loan Agrmt 080115, 6. Funding Loan Agrmt 080115, 7. Form 126, 8. Comm Pkt 070815, 9. Board Pkt
071415, 10. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
6/23/2015
1
TRANSFERRED
Clerk of the Board
6/29/2015
1
RECOMMENDED
Budget and Finance Sub-
Committee
7/8/2015
1
Pass
ADOPTED
Board of Supervisors
7/14/2015
1
Pass
APPROVED
Mayor
7/17/2015
1