City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
160370
Name:
Multifamily Housing Revenue Bonds - Transbay
Block 7 Affordable Housing - Not to Exceed
$35,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
4/12/2016
Clerk of the Board
On agenda:
Final action:
5/13/2016
Enactment date:
5/13/2016
170-16
Enactment #:
Title:
Resolution authorizing the issuance, sale, and delivery of multifamily housing revenue bonds in an
aggregate principal amount not to exceed $35,000,000 for the purpose of providing financing for the
construction of a 120-unit multifamily rental housing project known as Transbay Block 7 Affordable
Housing; approving the form of and authorizing the execution of an indenture of trust providing the
terms and conditions of the bonds; approving the form of and authorizing the execution of a regulatory
agreement and declaration of restrictive covenants; approving the form of and authorizing the
execution of a loan agreement; authorizing the collection of certain fees; approving modifications,
changes, and additions to the documents; ratifying and approving any action heretofore taken in
connection with the bonds and the project; granting general authority to City officials to take actions
necessary to implement this Resolution; and related matters.
Sponsors:
Jane Kim
Attachments:
1. Leg Ver1, 2. DRAFT Indenture of Trust 032816, 3. DRAFT Regulatory Agrmt 040816, 4. DRAFT
Loan Agrmt 032816, 5. MOHCD Ltr 041116, 6. Comm Pkt 042716, 7. Board Pkt 050316, 8. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
4/12/2016
1
RECOMMENDED
Budget and Finance Sub-
Committee
4/27/2016
1
Pass
ADOPTED
Board of Supervisors
5/3/2016
1
Pass
APPROVED
Mayor
5/13/2016
1