City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
191112
Name:
Multifamily Housing Revenue Bonds - 711 Eddy
Street - Not to Exceed $84,840,000
Status:
Type:
Resolution
Passed
File created:
In control:
10/29/2019
Clerk of the Board
On agenda:
Final action:
11/27/2019
Enactment date:
11/27/2019
513-19
Enactment #:
Title:
Resolution authorizing the issuance and delivery of multifamily housing revenue bonds in an
aggregate principal amount not to exceed $84,840,000, in one or more series or subseries, for the
purpose of providing financing for the acquisition and rehabilitation of a 202-unit multifamily rental
housing project known as “Eastern Park Apartments;” approving the form of and authorizing the
execution of an indenture of trust providing the terms and conditions of and the authorization for the
issuance of such bonds; approving the form of, and authorizing the execution of, a financing
agreement providing the terms and conditions of the loans from the City to the borrower; 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 bond purchase agreement;
approving the form of an Official Statement for such bonds and authorizing the distribution thereof;
authorizing the collection of certain fees; approving modifications, changes and additions to the
documents; ratifying and approving any action heretofore taken in connection with the loans, the
bonds and the Project; granting general authority to City officials to take actions necessary to
implement this Resolution, subject to the terms of this Resolution; and related matters, as defined
herein.
Sponsors:
Mayor
Attachments:
1. Leg Ver1, 2. DRAFT Bond Purchase Agrmt, 3. DRAFT Regulatory Agrmt, 4. CDLAC Reso No. 19-
040 032019, 5. Public Disclosures 102819, 6. DRAFT Indenture of Trust, 7. DRAFT Preliminary
Official Statement, 8. DRAFT Financing Agreement, 9. Form 126, 10. Comm Pkt 111819, 11. Bd Pkt
111919, 12. Form 126 Final, 13. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
10/29/2019
1
RECOMMENDED AS COMMITTEE
REPORT
Budget and Finance Committee
11/18/2019
1
Pass
ADOPTED
Board of Supervisors
11/19/2019
1
Pass
APPROVED
Mayor
11/27/2019
1