City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
190978
Name:
Multifamily Housing Revenue Bonds - 385 Eddy
Street (Hamlin Hotel) - Not to Exceed $26,967,500
Status:
Type:
Resolution
Passed
File created:
In control:
9/24/2019
Clerk of the Board
On agenda:
Final action:
11/1/2019
Enactment date:
11/1/2019
455-19
Enactment #:
Title:
Resolution authorizing the issuance and delivery of multifamily housing revenue bonds in an
aggregate principal amount not to exceed $26,967,500 for the purpose of providing financing for the
acquisition and rehabilitation of a 67-unit, affordable multifamily rental housing project located at 385
Eddy Street (Hamlin Hotel) within the City; approving the form of and authorizing the execution of a
trust indenture providing terms and conditions of the bonds; 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; 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, as defined herein, and related matters, as defined herein.
Sponsors:
Mayor
Attachments:
1. Leg Ver1, 2. DRAFT Loan Agmt, 3. DRAFT Indenture of Trust, 4. DRAFT Regulatory Agmt and Decl
of Restrictive Covenants, 5. Project Description, 6. CDLAC Reso No. 19-081 071919, 7. Form 126, 8.
Comm Pkt 100919, 9. Public Disclosures, 10. Board Pkt 102219, 11. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
9/24/2019
1
RECOMMENDED
Budget and Finance Committee
10/9/2019
1
Pass
ADOPTED
Board of Supervisors
10/22/2019
1
Pass
APPROVED
Mayor
11/1/2019
1