City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
201064
Name:
Multifamily Housing Revenue Bonds - 53 Colton
Street - Not to Exceed $33,520,000
Status:
Type:
Resolution
Passed
File created:
In control:
9/15/2020
Clerk of the Board
On agenda:
Final action:
10/16/2020
Enactment date:
10/16/2020
492-20
Enactment #:
Title:
Resolution authorizing the issuance, sale and delivery of multifamily housing revenue bonds in one or
more series in an aggregate principal amount not to exceed $33,520,000 for the purpose of providing
financing for the acquisition and construction of a 96-unit multifamily rental housing project located at
53 Colton Street; approving the form of and authorizing the execution of an indenture of trust
providing the 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; approving
modifications, changes, and additions to the documents; 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 Agreement, 3. DRAFT Indenture, 4. DRAFT Regulatory Agreement, 5.
CDLAC Reso No. 20-079 041420, 6. Public Disclosures, 7. MOHCD Memo 091120, 8. Form 126, 9.
Comm Pkt 093020, 10. Board Pkt 100620, 11. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
9/15/2020
1
RECOMMENDED
Budget and Finance Committee
9/30/2020
1
Pass
ADOPTED
Board of Supervisors
10/6/2020
1
Pass
APPROVED
Mayor
10/16/2020
1