City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
181052
Name:
Issuance of Bonds - California Municipal Finance
Authority - California Institute of Integral Studies -
Not to Exceed $21,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
10/30/2018
Clerk of the Board
On agenda:
Final action:
12/7/2018
Enactment date:
12/7/2018
416-18
Enactment #:
Title:
Resolution approving in accordance with Internal Revenue Code, Section 147(f), the issuance of
revenue bonds or a loan by the California Municipal Finance Authority (the “Authority”) in one or more
series pursuant to a plan of financing and in an aggregate issue price not to exceed $21,000,000 (the
“Bonds”) to refinance all or a portion of certain outstanding debt obligations that originally financed
and refinanced the acquisition, construction, improvement, equipping and furnishing of educational
facilities located at 1453 Mission Street, within the City and County of San Francisco (the “City”),
owned and managed by the California Institute of Integral Studies, a California nonprofit public benefit
corporation (the “Borrower”), in connection with the provision of educational and other services in the
City, including the instruction of students enrolled in its undergraduate and graduate degree programs;
finance additional improvements to and equipping and maintenance of such facilities, including, but
not limited to, building waterproofing, seismic upgrades and other campus improvements and
maintenance; finance improvements to and equipping and maintenance of certain other facilities
leased, occupied and operated by the Borrower for the provision of counseling services to residents of
the City, which facilities are located at 312 Sutter Street; pay capitalized interest on the Bonds, and
pay certain expenses incurred in connection with the issuance of the Bonds.
Sponsors:
Jane Kim
Attachments:
1. Leg Ver1, 2. Proof of Pub 091418, 3. CON Ltr 092818, 4. Comm Pkt 111518, 5. Board Pkt 112718,
6. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
10/30/2018
1
RECOMMENDED
Budget and Finance Committee
11/15/2018
1
Pass
ADOPTED
Board of Supervisors
11/27/2018
1
Pass
APPROVED
Mayor
12/7/2018
1