City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
3
210940
Name:
Purchase of Real Property - Mahadeva, LLC - 3055-
3061 16th Street - Homelessness and Supportive
Housing - $5,715,000
Status:
Type:
Resolution
Passed
File created:
In control:
9/7/2021
Clerk of the Board
On agenda:
Final action:
10/22/2021
Enactment date:
10/22/2021
480-21
Enactment #:
Title:
Resolution 1) approving and authorizing the Director of Property, on behalf of the Department of
Homelessness and Supportive Housing (“HSH”), to acquire certain property located at 3055-3061
16th Street (“Property”); 2) approving and authorizing HSH, on behalf of the City, to apply to the
California Department of Housing and Community Development (“HCD”) for its 2021 Homekey Grant
Program (“Project Homekey”) to purchase the Property; 3) approving and authorizing an Agreement of
Purchase and Sale for Real Estate for the acquisition of the Property, for $5,600,000 plus an
estimated $115,000 for typical closing costs for a total amount of $5,715,000 from Mahadeva, LLC
(“Purchase Agreement”); 4) authorizing the Director of Property to execute the Purchase Agreement,
make certain modifications, and take certain actions in furtherance of this Resolution and the
Purchase Agreement, as defined herein; 5) affirming the Planning Department’s determination under
the California Environmental Quality Act; and 6) adopting the Planning Department’s findings that the
Purchase Agreement, and the transaction contemplated therein, is consistent with the General Plan,
and the eight priority policies of Planning Code, Section 101.1.
Sponsors:
Mayor, Hillary Ronen, Ahsha Safai
Attachments:
1. Leg Ver1, 2. Executed Purchase and Sale Agreement, 3. PLN GPR 090121, 4. RED Ltr 090321, 5.
Form 126, 6. BLA Report 092921, 7. Comm Pkt 092921, 8. Public Correspondence, 9. BLA Report
100621, 10. Leg Ver2, 11. HSH Presentation 092921, 12. Comm Pkt 100621, 13. Leg Ver3, 14. NOFA
Homekey Program 090921, 15. Board Pkt 101921, 16. Leg Final, 17. Form 126 Final, 18. Final
Closing Assignment of Contracts, Warranties and Guarantees 123021, 19. Final Closing Assignment
of Leases 123021, 20. Final Grant Deed 123021, 21. Final Closing Tenant Estoppel Cert 122921
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
9/7/2021
1
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING NEW TITLE
Budget and Finance Committee
9/29/2021
1
Pass
CONTINUED AS AMENDED
Budget and Finance Committee
9/29/2021
2
Pass
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING SAME TITLE
Budget and Finance Committee
10/6/2021
2
Pass
RECOMMENDED AS AMENDED
Budget and Finance Committee
10/6/2021
3
Pass
ADOPTED
Board of Supervisors
10/19/2021
3
Pass
APPROVED
Mayor
10/22/2021
3
RECEIVED FROM DEPARTMENT
Clerk of the Board
1/12/2022
3