City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
171162
Name:
Multifamily Housing Revenue Bonds - 1150-3rd
Street Apartments (also known as Mission Bay
South Block 3 East) - Not to Exceed $51,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
10/31/2017
Clerk of the Board
On agenda:
Final action:
12/8/2017
Enactment date:
12/8/2017
433-17
Enactment #:
Title:
Resolution authorizing the issuance, sale and delivery of multifamily housing revenue bonds in an
aggregate principal amount not to exceed $51,000,000 for the purpose of providing financing for the
construction of a 119-unit multifamily rental housing project known as 1150-3rd Street Apartments;
approving the form of and authorizing the execution of an indenture of trust providing the terms and
conditions of the bonds; 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; 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 bonds and the project; and granting general authority to City officials to take
actions necessary to implement this Resolution, and related matters, as defined herein.
Sponsors:
Mayor, Jane Kim
Attachments:
1. Leg Ver1, 2. DRAFT Indenture of Trust, 3. DRAFT Loan Agrmt, 4. DRAFT Reg Agrmt, 5. Form 126,
6. Comm Pkt 110917, 7. Board Pkt 112817, 8. Form 126 Final, 9. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
10/31/2017
1
RECOMMENDED
Budget and Finance Committee
11/9/2017
1
Pass
ADOPTED
Board of Supervisors
11/28/2017
1
Pass
APPROVED
Mayor
12/8/2017
1