City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
191014
Name:
Authorizing Taxable and/or Tax-Exempt Certificates
of Participation - HOPE SF - Not to Exceed
$83,600,000
Status:
Type:
Ordinance
Passed
File created:
In control:
10/8/2019
Clerk of the Board
On agenda:
Final action:
12/20/2019
Enactment date:
12/20/2019
281-19
Enactment #:
Title:
Ordinance authorizing the execution and delivery of Certificates of Participation, in one or more series
on a tax-exempt and/or taxable basis and from time to time, evidencing and representing an
aggregate principal amount not to exceed $83,600,000 to finance and refinance certain capital
improvement projects, including but not limited to certain properties generally known as Hunters View,
Sunnydale, and Potrero Terrace and Annex housing developments, approving the form of a
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 a Supplement to Property Lease and a Supplement to Project Lease,
each between the City and the Trustee for the lease and lease back 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 100719, 4. DRAFT Supp to Trust Agmt, 5. DRAFT Supp
to Property Lease, 6. DRAFT Supp to Project Lease, 7. DRAFT Official Notice of Sale, 8. DRAFT
Notice of Intention to Sell, 9. DRAFT Purchase Contract, 10. CON Certificate Re Official Statements,
11. DRAFT Preliminary Official Statement, 12. DRAFT Appendix A, 13. BLA Report 111319, 14. Comm
Pkt 111319, 15. Board Pkt 111919, 16. Board Pkt 121019, 17. Leg Final
Action By
Date
Action
Result
Ver.
ASSIGNED UNDER 30 DAY RULE
President
10/8/2019
1
RECOMMENDED
Budget and Finance Committee
11/13/2019
1
Pass
PASSED ON FIRST READING
Board of Supervisors
11/19/2019
1
Pass
FINALLY PASSED
Board of Supervisors
12/10/2019
1
Pass
APPROVED
Mayor
12/20/2019
1