City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
190896
Name:
Authorizing Certificates of Participation - Multiple
Capital Improvement Projects - Not to Exceed
$62,000,000
Status:
Type:
Ordinance
Passed
File created:
In control:
9/3/2019
Clerk of the Board
On agenda:
Final action:
10/11/2019
Enactment date:
10/11/2019
227-19
Enactment #:
Title:
Ordinance authorizing the execution and delivery of Certificates of Participation, in one or more series
from time to time, on a tax-exempt or taxable basis, evidencing and representing an aggregate
principal amount not to exceed $62,000,000 to finance and refinance the acquisition of certain real
property located within the City for the improvement and equipping of certain existing real property
and improvements owned and maintained by the City, including but not limited to the improvement
and equipping of the existing Hall of Justice facilities located at 850 Bryant Street within the City and
adjacent and related facilities, and the retirement of certain commercial paper notes of the City issued
on an interim basis for such purposes; approving the form of Supplement to Trust Agreement between
the City and County of San Francisco and U.S. Bank National Association, as trustee (“Trustee”)
(including certain indemnities contained therein); approving respective forms of Supplements to
Property Lease and Project Lease, each between the City and the Trustee, for the lease and lease
back of all or a portion of certain real property and improvements located at 375 Laguna Honda
Boulevard or other property as determined by the Director of Public Finance; approving the form of an
Official Notice of Sale and a Notice of Intention to Sell the Certificates of Participation; approving the
form of an Official Statement in preliminary and final form; approving the form of a Continuing
Disclosure Certificate; granting general authority to City officials to take necessary actions in
connection with the authorization, sale, execution and delivery of the Certificates of Participation;
approving modifications to documents; and ratifying previous actions taken in connection therewith, as
defined herein.
Sponsors:
Mayor
Attachments:
1. Leg Ver1, 2. Leg Dig Ver1, 3. CON Memo 083019, 4. DRAFT Fifth Supplement to Property Lease,
5. DRAFT Fifth Supplement to Project Lease, 6. DRAFT Fifth Supplement to Trust Agreement, 7.
DRAFT Notice of Intention, 8. DRAFT Official Notice of Sale, 9. DRAFT Purchase Contract, 10.
DRAFT Controller's Certification, 11. DRAFT Preliminary Official Statement, 12. DRAFT Appendix A,
13. BLA Report 091819, 14. Comm Pkt 091819, 15. Board Pkt 092419, 16. Board Pkt 100119, 17.
Leg Final
Action By
Date
Action
Result
Ver.
ASSIGNED
President
9/3/2019
1
RECOMMENDED
Budget and Finance Committee
9/18/2019
1
Pass
PASSED ON FIRST READING
Board of Supervisors
9/24/2019
1
Pass
FINALLY PASSED
Board of Supervisors
10/1/2019
1
Pass
APPROVED
Mayor
10/11/2019
1