City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
170522
Name:
Real Property Acquisition - 772 Pacific Avenue -
Shew Yick Trust One, Robert Yick Trust Two, and
Robert Yick Non-Exempt Assets Trust - Affordable
Housing Project - Below Fair Market Value
Purchase of $5,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
5/2/2017
Clerk of the Board
On agenda:
Final action:
6/2/2017
Enactment date:
6/2/2017
210-17
Enactment #:
Title:
Resolution authorizing the Real Estate Division, on behalf of the Mayor’s Office of Housing and
Community Development, to acquire Real Property located at 772 Pacific Avenue from Shew Yick
Trust One (Trustees Robert Yick and Andy Ting), Robert Yick Trust Two (Trustee Joseph Yick), and
Robert Yick Non-Exempt Assets Trust (Trustee Mark Shustoff), for the purchase at below fair market
value of $5,000,000 for use in constructing affordable housing for San Franciscans.
Sponsors:
Mayor, Aaron Peskin
Attachments:
1. Leg Ver1, 2. PLN GPR 050117, 3. Purchase Agrmt 032317, 4. Appraisal Rpt 041917, 5. MOHCD
Ltr 040417, 6. Form 126, 7. Bdgt Analyst Rpt 051817, 8. Comm Pkt 051817, 9. Bd Pkt 052317, 10.
Form 126 Final, 11. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
5/2/2017
1
RECOMMENDED AS COMMITTEE
REPORT
Budget and Finance Sub-
Committee
5/18/2017
1
Pass
ADOPTED
Board of Supervisors
5/23/2017
1
Pass
APPROVED
Mayor
6/2/2017
1