City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
201007
Name:
Authorizing Taxable and/or Tax-Exempt Certificates
of Participation (Multiple Capital Projects) - Not to
Exceed $157,000,000
Status:
Type:
Ordinance
Passed
File created:
In control:
9/1/2020
Clerk of the Board
On agenda:
Final action:
11/6/2020
Enactment date:
11/6/2020
222-20
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 of not to exceed $157,000,000 to finance and refinance certain capital
improvement projects, including but not limited to certain projects generally known as the Homeless
Services Center, Laguna Honda Hospital Wings Reuse Project, AITC Immunization and Travel Clinic
Relocation, and San Francisco General Hospital Chiller and Cooling Tower Replacement Project,
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 of certain real
property and improvements located at 375 Laguna Honda Boulevard and 1 Moreland Drive, San
Bruno, 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, as
defined herein; approving modifications to documents, as defined herein; and ratifying previous
actions taken in connection therewith, as defined herein.
Sponsors:
Mayor
Attachments:
1. Leg Ver1, 2. Leg Dig Ver1, 3. DRAFT Supp Trust Agmt, 4. DRAFT Supp to Property Lease, 5.
DRAFT Supp to Project Lease, 6. DRAFT Official Ntc of Sale, 7. DRAFT Ntc of Intent to Sell, 8.
DRAFT Preliminary Official Statement, 9. DRAFT Purchase Contract, 10. CON OPF Revised Memo
100520, 11. CON OPF Memo 083120, 12. BLA Report 100720, 13. Comm Pkt 100720, 14. Leg Ver2,
15. Leg Dig Ver2, 16. CON PPt Presentation 100720, 17. Board Pkt 102020, 18. Board Pkt 102720,
19. Leg Final
Action By
Date
Action
Result
Ver.
ASSIGNED UNDER 30 DAY RULE
President
9/1/2020
1
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING NEW TITLE
Budget and Finance Committee
10/7/2020
1
Pass
RECOMMENDED AS AMENDED
Budget and Finance Committee
10/7/2020
2
Pass
PASSED ON FIRST READING
Board of Supervisors
10/20/2020
2
Pass
FINALLY PASSED
Board of Supervisors
10/27/2020
2
Pass
APPROVED
Mayor
11/6/2020
2