City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
210083
Name:
Multifamily Housing Revenue Note - 1223 Webster
Street - Fillmore Marketplace Partners, L.P. - Not to
Exceed $21,762,000
Status:
Type:
Resolution
Passed
File created:
In control:
1/26/2021
Clerk of the Board
On agenda:
Final action:
3/5/2021
Enactment date:
3/5/2021
081-21
Enactment #:
Title:
Resolution authorizing the execution and delivery of a multifamily housing revenue note in one or
more series in an aggregate principal amount not to exceed $21,762,000 for the purpose of providing
financing for the acquisition and rehabilitation of a 120-unit multifamily rental housing project located
at 1223 Webster Street, known as “Fillmore Marketplace Apartments;” approving the form of and
authorizing the execution of a funding loan agreement, providing the terms and conditions of the loan
from the funding lender to the City, and the execution and delivery of the note; approving the form of
and authorizing the execution of a borrower loan agreement providing the terms and conditions of the
loan from the City to the borrower; approving the form of and authorizing the execution of a regulatory
agreement and declaration of restrictive covenants; 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 back-to-back loans, the note and the project; 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 Funding Loan Agreement, 3. DRAFT Construction and Permanent Loan
Agreement, 4. DRAFT Appendix to Construction and Permanent Loan Agreement, 5. DRAFT
Regulatory Agreement, 6. Public Disclosures, 7. CDLAC Resolution No. 20-146 091620, 8. Ntc of
Public Hrg 120820, 9. TEFRA Hearing Minutes 011221, 10. Form 126, 11. Comm Pkt 021721, 12.
Board Pkt 022321, 13. Leg Final, 14. Form 126 Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
1/26/2021
1
RECOMMENDED
Budget and Finance Committee
2/17/2021
1
Pass
ADOPTED
Board of Supervisors
2/23/2021
1
Pass
APPROVED
Mayor
3/5/2021
1