City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
171260
Name:
Multifamily Housing Revenue Bond - 2675 Folsom
Street and 970 Treat Avenue - Not to Exceed
$110,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
11/28/2017
Clerk of the Board
On agenda:
Final action:
12/22/2017
Enactment date:
12/22/2017
473-17
Enactment #:
Title:
Resolution authorizing the issuance and sale of multifamily housing revenue bonds in an aggregate
principal amount not to exceed $110,000,000 for the purpose of providing financing for the acquisition,
development and construction of a 117-unit, mixed income, multifamily rental housing project located
at 2675 Folsom Street and 970 Treat Avenue; 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; and related matters, as defined
herein.
Sponsors:
Hillary Ronen
Attachments:
1. Leg Ver1, 2. DRAFT Bond Purchase Agrmt, 3. DRAFT Indenture of Trust, 4. DRAFT Loan Agrmt, 5.
DRAFT Reg Agrmt, 6. Form 126, 7. Comm Pkt 120717, 8. Board Pkt 121217, 9. Form 126 Final, 10.
Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
11/28/2017
1
RECOMMENDED AS COMMITTEE
REPORT
Budget and Finance Committee
12/7/2017
1
Pass
ADOPTED
Board of Supervisors
12/12/2017
1
Pass
APPROVED
Mayor
12/22/2017
1