City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
160645
Name:
Real Property Purchase - 450 Sixth Street - Multiple
Party Ownership - $2,403,333
Status:
Type:
Resolution
Passed
File created:
In control:
5/31/2016
Clerk of the Board
On agenda:
Final action:
7/6/2016
Enactment date:
7/6/2016
263-16
Enactment #:
Title:
Resolution authorizing the execution and acceptance of a Purchase and Sale Agreement by and
between the City and Joan Spargo, in Trust, as Trustee of the "Stella Arnold 1987 Exempt Trust FBO
Joan Spargo" dated April 4, 2001, as to an undivided 3/8 interest; Walter A. Arnold, in Trust, as
Trustee of the "Stella Arnold 1987 Exempt Trust FBO Walter A. Arnold" dated April 4, 2001, as to an
undivided 3/8 interest; Kenneth Musso, as to an undivided 1/12 interest; David Musso, as to an
undivided 1/12 interest; and Arlene Ripley, as to an undivided 1/12 interest ("Seller"), for the real
property located at 450 Sixth Street (Assessor’s Parcel Block No. 3759, Lot No. 043) for $2,403,333;
and finding the proposed transactions are in conformance with the General Plan, and the eight priority
policies of Planning Code, Section 101.1.
Sponsors:
Mayor
Attachments:
1. Leg Ver1, 2. DRAFT Agrmt of Purchase and Sale 031416, 3. Real Estate Ltr 052716, 4. Lease
030696, 5. Form 126, 6. GPR 052616, 7. Comm Packet 061616, 8. Budget Analyst Rpt 061416, 9.
Leg Ver2, 10. Board Pkt 062816, 11. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
5/31/2016
1
AMENDED
Budget and Finance Committee
6/16/2016
1
Pass
RECOMMENDED AS AMENDED
Budget and Finance Committee
6/16/2016
2
Pass
ADOPTED
Board of Supervisors
6/28/2016
2
Pass
APPROVED
Mayor
7/6/2016
2