City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
190466
Name:
Multifamily Housing Revenue Notes - Abel Gonzales
Apartments - Not to Exceed $20,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
4/30/2019
Clerk of the Board
On agenda:
Final action:
5/31/2019
Enactment date:
5/31/2019
255-19
Enactment #:
Title:
Resolution authorizing the issuance and delivery of multifamily housing revenue notes in a maximum
aggregate principal amount not to exceed $20,000,000 for the purpose of providing financing for the
acquisition and rehabilitation of a 30-unit multifamily rental housing project located at 1045 Capp
Street (also known as Abel Gonzales Apartments); approving the form of and authorizing the
execution of a funding loan agreement providing the terms and conditions of the notes and authorizing
the execution and delivery thereof; approving the form of and authorizing the execution of a regulatory
agreement and declaration of restrictive covenants; approving the forms of and authorizing the
execution of certain loan documents; authorizing the collection of certain fees; ratifying and approving
any action heretofore taken in connection with the note and the project, as defined herein; granting
general authority to City officials to take actions necessary to implement this Resolution, as defined
herein; and related matters, as defined herein.
Sponsors:
Mayor, Hillary Ronen
Attachments:
1. Leg Ver1, 2. DRAFT Assignmt Deed and Trust, 3. DRAFT Regulatory Agmt, 4. DRAFT Borrower
Loan Agmt, 5. DRAFT Funding Loan Agmt, 6. CDLAC Reso No. 19-412, 7. Form 126, 8. Comm Pkt
051519, 9. Board Pkt 052119, 10. Form 126 Final, 11. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
4/30/2019
1
RECOMMENDED
Budget and Finance Sub-
Committee
5/15/2019
1
Pass
ADOPTED
Board of Supervisors
5/21/2019
1
Pass
APPROVED
Mayor
5/31/2019
1