City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
201392
Name:
Multifamily Housing Revenue Bonds - 1151 Fairfax
Avenue and 112 Middle Point Road (Hunters View
Phase 3) - Not to Exceed $90,000,000
Status:
Type:
Resolution
Passed
File created:
In control:
12/15/2020
Clerk of the Board
On agenda:
Final action:
2/4/2021
Enactment date:
2/4/2021
017-21
Enactment #:
Title:
Resolution declaring the intent of the City and County of San Francisco (“City”) to reimburse certain
expenditures from proceeds of future bonded indebtedness; authorizing the Director of the Mayor’s
Office of Housing and Community Development (“Director”) to submit an application and related
documents to the California Debt Limit Allocation Committee (“CDLAC”) to permit the issuance of
residential mortgage revenue bonds in an aggregate principal amount not to exceed $90,000,000 for
1151 Fairfax Avenue and 112 Middle Point Road; authorizing and directing the Director to direct the
Controller’s Office to hold in trust an amount not to exceed $100,000 in accordance with CDLAC
procedures; authorizing the Director to certify to CDLAC that the City has on deposit the required
amount; authorizing the Director to pay an amount equal to such deposit to the State of California if
the City fails to issue the residential mortgage revenue bonds; approving, for purposes of the Internal
Revenue Code of 1986, as amended, the issuance and sale of residential mortgage revenue bonds
by the City in an aggregate principal amount not to exceed $90,000,000; authorizing and directing the
execution of any documents necessary to implement this Resolution, as defined herein; and ratifying
and approving any action heretofore taken in connection with the Project, as defined herein, and the
Application, as defined herein.
Sponsors:
Mayor, Matt Haney, Shamann Walton, Ahsha Safai
Attachments:
1. Leg Ver1, 2. Project Description - Hunters View Phase 3, 3. Certification Publication, Notice of
Hearing, Evidence of Publication, 4. TEFRA Hearing Minutes - 120720, 5. Comm Pkt 011321, 6. Leg
Ver2, 7. Comm Pkt 012721, 8. Board Pkt 020221, 9. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
12/15/2020
1
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING NEW TITLE
Budget and Finance Committee
1/13/2021
1
Pass
CONTINUED AS AMENDED
Budget and Finance Committee
1/13/2021
2
Pass
RECOMMENDED
Budget and Finance Committee
1/27/2021
2
Pass
ADOPTED
Board of Supervisors
2/2/2021
2
Pass
APPROVED
Mayor
2/4/2021
2