City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
161201
Name:
Multifamily Housing Revenue Bond - 500-510
Folsom ("Transbay Block 9") - Not to Exceed
$132,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
11/1/2016
Clerk of the Board
On agenda:
Final action:
12/9/2016
Enactment date:
12/9/2016
500-16
Enactment #:
Title:
Resolution authorizing the issuance and sale of multifamily housing revenue bonds in an aggregate
principal amount not to exceed $132,000,000 for the purpose of providing financing for the
construction of a 311-unit multifamily rental housing project known as "Transbay Block 9," located in
the City at 500-510 Folsom Street; approving the form of and authorizing the execution of an
indenture of trust providing the terms and conditions of the bonds and authorizing the issuance
thereof; 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; approving the form of and authorizing the execution of a bond purchase agreement;
authorizing the collection of certain fees; ratifying and approving any action heretofore taken in
connection with the bonds 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, as defined herein.
Sponsors:
Jane Kim
Attachments:
1. Leg Ver1, 2. MOHCD Ltr 102816, 3. CDLAC Reso. No. 16-84, 4. DRAFT Indenture of Trust
102716, 5. DRAFT Reg Agrmt 102716, 6. DRAFT Loan Agrmt 102616, 7. DRAFT Bond Purchase
Agrmt, 8. BOS Reso No. 156-16 050616, 9. Site Location (Map), 10. Form 126, 11. Comm Pkt
111616, 12. Board Pkt 112916, 13. Leg Final, 14. Form 126 Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
11/1/2016
1
RECOMMENDED
Budget and Finance Committee
11/16/2016
1
Pass
ADOPTED
Board of Supervisors
11/29/2016
1
Pass
APPROVED
Mayor
12/9/2016
1