City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
240965
Name:
Real Property Acquisition - Market & Noe Center LP
- 2280 Market Street - Not to Exceed $11,620,000;
Certain Administrative Code Waivers
Status:
Type:
Ordinance
Passed
File created:
In control:
10/8/2024
Clerk of the Board
On agenda:
Final action:
11/14/2024
Enactment date:
11/14/2024
267-24
Enactment #:
Title:
Ordinance 1) approving and authorizing the Director of Property to acquire certain real property
located at 2280 Market Street (the “Property”); 2) approving and authorizing a Purchase and Sale
Agreement for the acquisition of the Property from Market & Noe Center LP, a California Limited
Partnership, for an amount not to exceed $11,620,000 including closing costs (“Purchase
Agreement”); 3) authorizing the Director of Property to make certain modifications to the Purchase
Agreement and take certain actions in furtherance of the Purchase Agreement, as defined herein; 4)
adopting findings that the Property is exempt surplus land under the California Surplus Land Act; 5)
exempting the property management, operation, repair, and maintenance of the Property from the
contracting and procurement requirements in Administrative Code, Chapters 6, 14B, and 21, and
Labor and Employment Code, Articles 131 and 132; 6) placing the Property under the jurisdiction of
the Real Estate Division; 7) authorizing the Director of Property to use revenues generated from the
Property for: (a) Property-related costs, (b) 10% of the gross revenues for the Real Estate Division’s
administrative costs related to the Property, and (c) the remainder to be retained in a segregated
account for the benefit of the future LGBTQ+ history museum’s capital improvements, operating
expenses and reserves, tenant improvements, and programming expenses; and 8) affirming the
Planning Department’s determination under the California Environmental Quality Act, and adopting
the Planning Department’s findings that the Purchase Agreement is consistent with the General Plan,
and the eight priority policies of Planning Code, Section 101.1.
Sponsors:
Mayor, Rafael Mandelman, Matt Dorsey, Connie Chan, Myrna Melgar, Joel Engardio, Catherine
Stefani, Dean Preston
Attachments:
1. Leg Ver1, 2. Leg Dig Ver1, 3. DRAFT Purchase and Sale Agmt, 4. PLN GPR 093024, 5. Executed
CVS Lease 010412, 6. CVS Lease Amend No. 1 010412, 7. CVS Lease Amend No. 2 060513, 8.
CVS Lease Amend No. 3 100113, 9. CVS Lease Amend No. 4 042414, 10. CVS Lease Amend No. 5
and Sublease 053018, 11. Dignity Health - GoHealth Urgent Care Lease 041416, 12. Form 126, 13.
Leg Ver2, 14. Leg Dig Ver2, 15. Referral CEQA 101124, 16. BLA Rpt 102324, 17. Cmte Pkt 102324,
18. Public Correspondence, 19. Board Pkt 102924, 20. Board Pkt 110524, 21. Form 126 Final, 22.
Leg Final
Action By
Date
Action
Result
Ver.
ASSIGNED
President
10/1/2024
1
SUBSTITUTED AND ASSIGNED
President
10/8/2024
2
REFERRED TO DEPARTMENT
Clerk of the Board
10/11/2024
2
RESPONSE RECEIVED
Planning Department
10/11/2024
2
RECOMMENDED
Budget and Finance Committee
10/23/2024
2
Pass
PASSED ON FIRST READING
Board of Supervisors
10/29/2024
2
Pass
FINALLY PASSED
Board of Supervisors
11/5/2024
2
Pass
APPROVED
Mayor
11/14/2024
2