City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
041342
Name:
Settlement of Lawsuit - Apartment Investment and
Management Company, aka AIMCO, et al.
Status:
Type:
Ordinance
Passed
File created:
In control:
9/28/2004
Board of Supervisors
On agenda:
Final action:
9/28/2004
11/4/2004
Enactment date:
268-04
Enactment #:
Title:
Ordinance authorizing settlement of a lawsuit filed by the City and County of San Francisco against
AIMCO and seven of its corporate affiliates, filed on January 30, 2002 in San Francisco Superior
Court, Case No. GCG 02-404-010, entitled City and County of San Francisco, et al., v. Apartment
Investment and Management Company, aka AIMCO, et al., relating to code violations at four
apartment buildings in Bayview/Hunters Point, and a cross-complaint against the City and certain
individual employees filed on January 28, 2003; the settlement provides for payment to the City of a
total of $3,000,000 plus an additional contingent payment of $500,000; $1,000,000 of the $3,000,000
payment from AIMCO will be dedicated to improving public safety in the area through helping
establish a new Hunters Point/Bayview S.F. Boys and Girls Club with an associated Police
Department Office; the settlement also provides that AIMCO has abated or will abate all notices of
violation issued by the Department of Building Inspection that were the subject of the lawsuit; and
approving satisfaction of DBI fees for AIMCO's proposed renovation of the Properties, through
AIMCO's payment of settlement funds to the City.
Sponsors:
Chris Daly
Attachments:
1. Leg_Ver1, 2. Leg_Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
9/20/2004
1
RECOMMENDED..
Rules Committee
10/6/2004
1
Pass
PASSED, ON FIRST READING
Board of Supervisors
10/19/2004
1
Pass
FINALLY PASSED
Board of Supervisors
10/26/2004
1
Pass
FINALLY PASSED
Board of Supervisors
10/26/2004
1
Pass
APPROVED
Mayor
11/4/2004
1