City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
110750
Name:
Certificates of Participation - War Memorial Veterans
Building Seismic Upgrade and Improvements - Not
to Exceed $170,000,000
Status:
Type:
Ordinance
Passed
File created:
In control:
6/14/2011
Board of Supervisors
On agenda:
Final action:
8/1/2011
Enactment date:
8/1/2011
149-11
Enactment #:
Title:
Ordinance authorizing the execution and delivery of certificates of participation evidencing in an
aggregate principal amount of not to exceed $170,000,000 to: 1) finance the seismic upgrade of and
certain improvements to the War Memorial Veterans Building; 2) authorizing the selection of a trustee
by the Director of Public Finance and approving the form of a trust agreement for the certificates of
participation between the City and County of San Francisco and the trustee named therein (including
certain indemnities contained therein); 3) approving the forms of a property lease and a project lease
between the City and the trustee of one or more portions of the San Francisco War Memorial
Performing Arts Center; 4) approving the form of an official notice of sale and notice of intention to sell
for the certificates of participation, if sold by competitive sale; 5) authorizing the selection of
underwriters by the Director of Public Finance and approving the form of a purchase contract between
the City and the underwriters relating to the certificates of participation, if sold by negotiated sale; 6)
approving the forms of a preliminary and final official statement with respect to the certificates of
participation; 7) approving the form of a continuing disclosure certificate; 8) finding that the proposed
project is categorically exempt from the California Environmental Quality Act; 9) finding that the
proposed project is in conformity with the priority policies of Planning Code Section 101.1(b) and with
the General Plan consistency requirements of Charter Section 4.105 and Administrative Code Section
2A.53; 10) granting general authority to City officials to take necessary actions in connection with the
authorization, issuance, sale and delivery of the certificates of participation; 11) approving
modifications to documents and agreements; and 12) ratifying previous actions taken in connection
therewith.
Sponsors:
Mayor, David Chiu
Attachments:
1. Legislation_Ver1, 2. Comm_Packet_071311, 3. Budget_Analyst_071311, 4. Board_Packet_071911,
5. Board_Packet_072611, 6. Legislation_Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
6/14/2011
1
RECOMMENDED
Budget and Finance Committee
7/13/2011
1
Pass
PASSED, ON FIRST READING
Board of Supervisors
7/19/2011
1
Pass
FINALLY PASSED
Board of Supervisors
7/26/2011
1
Pass
APPROVED
Mayor
8/1/2011
1