City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
181160
Name:
Ground Lease Amendment - Market Heights 2, LP -
211-291 Putnam Street - $15,000 Annual Base Rent
Status:
Type:
Resolution
Passed
File created:
In control:
11/27/2018
Clerk of the Board
On agenda:
Final action:
12/21/2018
Enactment date:
12/21/2018
435-18
Enactment #:
Title:
Resolution approving and authorizing a long term amended and restated ground lease with Market
Heights 2, LP, on City owned land at 211-291 Putnam Street, Assessor’s Parcel Block No. 5731, Lot
002, for a term of 75 years, to commence following approval by the Board of Supervisors, with one 24
-year option to extend, and with an annual base rent of $15,000 in order to rehabilitate a 100%
affordable, 45-unit multifamily rental housing development (plus one staff unit) for low-income
persons; adopting findings that the amended and restated ground lease is consistent with the
California Environmental Quality Act, the General Plan, and the eight priority policies of Planning
Code, Section 101.1; and authorizing the Director of Property and Director of the Mayor’s Office of
Housing and Community Development to execute documents, make certain modifications, and take
certain actions in furtherance of this Resolution, as defined herein.
Sponsors:
Mayor, Hillary Ronen
Attachments:
1. Leg Ver1, 2. DRAFT Ground Lease, 3. PLN GRP 110918, 4. Project Overview, 5. Form 126, 6. BLA
Report 120618, 7. Comm Pkt 120618, 8. Bd Pkt 121118, 9. Form 126 Final, 10. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
11/27/2018
1
RECOMMENDED AS COMMITTEE
REPORT
Budget and Finance Committee
12/6/2018
1
Pass
ADOPTED
Board of Supervisors
12/11/2018
1
Pass
APPROVED
Mayor
12/21/2018
1