City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
150878
Name:
Multifamily Housing Revenue Note - 990 Pacific
Avenue - Not to Exceed $38,633,000
Status:
Type:
Resolution
Passed
File created:
In control:
9/8/2015
Clerk of the Board
On agenda:
Final action:
10/16/2015
Enactment date:
10/16/2015
362-15
Enactment #:
Title:
Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
aggregate principal amount not to exceed $38,633,000 for the purpose of providing financing for the
acquisition and rehabilitation of a 92-unit multifamily rental housing project located 990 Pacific
Avenue; 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, as defined herein; granting general authority to City officials
to take actions necessary to implement this Resolution; and related matters.
Sponsors:
Mayor, Julie Christensen, Mark Farrell
Attachments:
1. Leg Ver1, 2. Project Summary, 3. Regulatory Agrmt 100115, 4. Funding Loan Agrmt 100115, 5.
Project Loan Agrmt 100115, 6. Comm Pkt 092315, 7. PPt Presentation 092315, 8. Form 126, 9. Board
Pkt 092915, 10. Board Pkt 100615, 11. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
9/8/2015
1
RECOMMENDED
Budget and Finance Committee
9/23/2015
1
Pass
CONTINUED
Board of Supervisors
9/29/2015
1
Pass
ADOPTED
Board of Supervisors
10/6/2015
1
Pass
APPROVED
Mayor
10/16/2015
1