City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
160896
Name:
Multifamily Housing Revenue Note - 145 Guerrero
Street - Francis of Assisi Community - Not to
Exceed $50,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
8/2/2016
Clerk of the Board
On agenda:
Final action:
9/22/2016
Enactment date:
393-16
Enactment #:
Title:
Resolution authorizing the execution and delivery of a multifamily housing revenue note in one or
more series in an aggregate principal amount not to exceed $50,000,000 for the purpose of providing
financing for the acquisition and rehabilitation of a 110-unit multifamily rental housing project located
at 145 Guerrero Street, known as Francis of Assisi Community; approving the form of and authorizing
the execution of a funding loan agreement providing the terms and conditions of the loan from the
funding lender to the City, and the execution and delivery of the note; approving the form of and
authorizing the execution of a borrower loan agreement providing the terms and conditions of the loan
from the City to the borrower; approving the form of and authorizing the execution of a regulatory
agreement and declaration of restrictive covenants; 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 back-to-back loans, the note, and the project, as defined
herein; granting general authority to City officials to take actions necessary to implement this
Resolution, as defined herein; and related matters.
Sponsors:
Mayor, Scott Wiener
Attachments:
1. Leg Ver1, 2. DRAFT Reg Agrmt 072916, 3. DRAFT Borrower Loan Agrmt 072816, 4. DRAFT FLA
072516, 5. Form 126, 6. Comm Pkt 090716, 7. Board Pkt 091316, 8. Form 126 Final, 9. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
8/2/2016
1
RECOMMENDED
Budget and Finance Committee
9/7/2016
1
Pass
ADOPTED
Board of Supervisors
9/13/2016
1
Pass
APPROVED
Mayor
9/22/2016
1