City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
210187
Name:
Ground Lease - MHDC Mariposa Gardens
Associates LP - 2445 Mariposa Street - $20,000
Annual Base Rent
Status:
Type:
Resolution
Passed
File created:
In control:
2/23/2021
Clerk of the Board
On agenda:
Final action:
3/26/2021
Enactment date:
3/26/2021
124-21
Enactment #:
Title:
Resolution approving and authorizing a long term amended and restated ground lease with MHDC
Mariposa Gardens Associates LP, on City owned land at 2445 Mariposa Street, Assessor’s Parcel
Block No. 4014, Lot No. 001, for a term of 38 years, to commence following approval by the Board of
Supervisors, with one 44-year option to extend, and with an annual base rent of $20,000 in order to
rehabilitate a 100% affordable, 62-unit multifamily rental housing development (plus one staff unit) for
low-income persons; adopting findings that the amended and restated ground lease is consistent with
the California Environmental Quality Act, the General Plan, and the eight priority policies of Planning
Code, Section 101.1; and authorizing the Director of Property and Director of the Mayor’s Office of
Housing and Community Development to execute documents, make certain modifications, and take
certain actions in furtherance of this Resolution, as defined herein.
Sponsors:
Mayor
Attachments:
1. Leg Ver1, 2. DRAFT Amended & Restated Ground Lease, 3. PLN GPR 010621, 4. Ground Lease
022304, 5. Form 126, 6. BLA Report 031021, 7. Comm Pkt 031021, 8. Board Pkt 031621, 9. Form
126 Final, 10. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
2/23/2021
1
RECOMMENDED
Budget and Finance Committee
3/10/2021
1
Pass
ADOPTED
Board of Supervisors
3/16/2021
1
Pass
APPROVED
Mayor
3/26/2021
1