City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
170629
Name:
Multifamily Housing Revenue Bonds - 1601
Mariposa Apartments - Not to Exceed $240,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
5/23/2017
Clerk of the Board
On agenda:
Final action:
6/22/2017
Enactment date:
6/22/2017
249-17
Enactment #:
Title:
Resolution authorizing the issuance and delivery of multifamily housing revenue bonds in an
aggregate principal amount not to exceed $240,000,000 for the purpose of providing financing for the
acquisition and construction of a 299-unit multifamily rental housing project located at 1601 and 1677
Mariposa Street, 485-497 Carolina Street, 395 and 420 Wisconsin Street, and 210 Arkansas Street
(also known as 1601 Mariposa Apartments); approving the form of and authorizing the execution of an
indenture of trust providing the terms and conditions of the multifamily housing revenue bonds and
authorizing the execution and delivery thereof; approving the forms of and authorizing the execution of
certain loan documents; approving the form of and authorizing the execution of a bond purchase
agreement for such bonds; approving the form of and authorizing an official statement for such bonds
and authorizing the distribution 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 an intercreditor agreement; authorizing the collection of certain fees; 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, subject to the terms
of this Resolution; and related matters, as defined herein.
Sponsors:
Malia Cohen
Attachments:
1. Leg Ver1, 2. DRAFT Indenture of Trust 051717, 3. DRAFT Loan Agrmt 051717, 4. DRAFT Bond
Purchast Agrmt 051817, 5. DRAFT Preliminary Official Statement 051817, 6. DRAFT Regulatory
Agrmt DRC 051817, 7. DRAFT Intercreditor Agrmt, 8. Form 126, 9. Comm Pkt 060817, 10. Bd Pkt
061317, 11. Form 126 Final, 12. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
5/23/2017
1
TRANSFERRED
Clerk of the Board
6/1/2017
1
RECOMMENDED AS COMMITTEE
REPORT
Budget and Finance Committee
6/8/2017
1
Pass
ADOPTED
Board of Supervisors
6/13/2017
1
Pass
APPROVED
Mayor
6/22/2017
1