City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
150886
Name:
Multifamily Housing Revenue Note - 25 Sanchez
Street - Not to Exceed $25,612,000
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
370-15
Enactment #:
Title:
Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
aggregate principal amount not to exceed $25,612,000 for the purpose of providing financing for the
acquisition and rehabilitation of a 90-unit multifamily rental housing project located at 25 Sanchez
Street; 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, Scott Wiener, Mark Farrell
Attachments:
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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