City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
151225
Name:
Taxable and/or Tax Exempt Certificates of
Participation - Affordable Housing Projects - Not to
Exceed $95,000,000
Status:
Type:
Ordinance
Passed
File created:
In control:
12/1/2015
Clerk of the Board
On agenda:
Final action:
4/27/2016
Enactment date:
061-16
Enactment #:
Title:
Ordinance authorizing the execution and delivery of Certificates of Participation in an aggregate
principal amount not to exceed $95,000,000 to provide funds to assist in the development, acquisition,
construction or rehabilitation of affordable rental housing projects; approving the form of a
Supplemental Trust Agreement between the City and County of San Francisco and the Trustee
named therein (including certain indemnities contained therein); approving the form of a Supplemental
Property Lease between the City, as lessor, and the Trustee, as lessee; approving the form of a
Supplemental Project Lease between the Trustee, as lessor, and the City, as lessee; approving the
form of an Official Notice of Sale and Notice of Intention to Sell for the Certificates of Participation, if
sold by competitive sale; authorizing certain actions relating to the Certificates of Participation, if sold
by negotiated sale, including approving the form of a Purchase Contract between the City and the
underwriter(s) selected in accordance City policies; approving the form of an official statement in
preliminary and final form; approving the form of a Continuing Disclosure Certificate; granting general
authority to City officials to take necessary actions in connection with the authorization, issuance, sale
and delivery of the Certificates of Participation; approving modifications to documents; and ratifying
previous actions taken in connection therewith.
Sponsors:
Mayor
Attachments:
1. Leg Ver1, 2. Controller Memo 111615, 3. DRAFT Notice of Intent to Sell, 4. DRAFT Official Notice
of Sale, 5. DRAFT Preliminary Official Statement, 6. DRAFT Purchase Contract, 7. DRAFT Supp 3 to
Project Lease, 8. DRAFT Supp 3 to Property Lease, 9. DRAFT Supp 3 to Trust Agrmt, 10. Bdgt
Analyst Rpt 040616, 11. Comm Pkt 040616, 12. Form 126, 13. Board Pkt 041216, 14. Board Pkt
041916, 15. Form 126 Final, 16. Leg Final
Action By
Date
Action
Result
Ver.
ASSIGNED UNDER 30 DAY RULE
President
12/1/2015
1
TRANSFERRED
Clerk of the Board
3/28/2016
1
RECOMMENDED
Budget and Finance Sub-
Committee
4/6/2016
1
Pass
PASSED, ON FIRST READING
Board of Supervisors
4/12/2016
1
Pass
FINALLY PASSED
Board of Supervisors
4/19/2016
1
Pass
APPROVED
Mayor
4/27/2016
1