# Board of Supervisors Minutes: September 9, 2025 - Meeting date: 2025-09-09 - Document type: minutes - Pages in official PDF: 24 - [Canonical HTML transcript](https://sfbos.info/documents/1108/2025-09-09-minutes) - [Authoritative City PDF](https://sfgov.legistar.com/View.ashx?M=M&ID=1336424&GUID=7D3E7A1B-37E4-4344-B337-52C35EBC09A4) > This text was extracted for search and accessibility. The linked City PDF is the authoritative public record. ## Structured legislative records ### File 250826: Real Property Lease - NPU, Inc., a California Corporation - Old United States Mint - Participation Rent of 10% of Gross Monthly Revenue - Pages: 7-8 - Vote 1: adoption, likely final - Action: 250826 [Real Property Lease - NPU, Inc., a California Corporation - Old United States Mint - Participation Rent of 10% of Gross Monthly Revenue] Sponsors: Mayor; Dorsey Resolution authorizing and approving the Director of Property to execute a Lease Agreement for a term of four years with three five-year options to extend, to commence upon approval of this Resolution through July 31, 2029 with NPU, Inc. for the continued use of the Old Mint located at 88-5th Street, paying as participation rent, 10% of the gross monthly revenue generated from their use of the Old Mint; and authorizing the Director of Property to execute any amendments or modifications to the Lease including exercising options to extend the agreement term, make certain modifications and take certain actions that do not materially increase the obligations or liabilities to the City, and do not material decrease the benefits to the City and are necessary to effectuate the purposes of the Lease or this Resolution. (Real Estate Department) Resolution No. 411-25 ADOPTED by the following vote: - Ayes: Chan, Chen, Dorsey, Engardio, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton ### File 250827: Agreement - Solaris Bus US, Inc. - Purchase of Battery-Electric Buses - Anticipated Expenditure of $10,819,849 - Pages: 8 - Vote 1: adoption, likely final - Action: 250827 [Agreement - Solaris Bus US, Inc. - Purchase of Battery-Electric Buses - Anticipated Expenditure of $10,819,849] Sponsors: Mayor; Mahmood and Mandelman Resolution approving an agreement with Solaris Bus US, Inc., to procure three 40-ft and three 60-ft battery-electric transit buses from Solaris Bus US, Inc., along with associated spare parts, special tools, manuals, and training through assigned options established under a procurement conducted by King County Metro, which requires anticipated expenditures of $10,819,849 which includes a contract for an amount not to exceed $9,964,706 and a term until December 19, 2027, effective upon approval of this Resolution, with options to extend the contract to December 19, 2029, and responsibility for the payment of an estimated $855,143 in taxes; and to authorize the Acting Director of Transportation to enter into amendments or modifications to the contract that do not materially increase the obligations or liabilities to the City and are necessary to effectuate the purposes of the contract or this Resolution. (Municipal Transportation Agency) (Fiscal Impact) Resolution No. 412-25 ADOPTED by the following vote: - Ayes: Chan, Chen, Dorsey, Engardio, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton ### File 250828: Multifamily Housing Revenue Note - Balboa Lee Avenue, L.P. - Balboa Reservoir - Building E - Expected to be 505 Mayor Edwin M. Lee Avenue (Formerly Known as 11 Frida Kahlo Way) - Not to Exceed $84,116,000 - Pages: 8-9 - Vote 1: adoption, likely final - Action: ly rental housing project expected to be located at 505 Mayor Edwin M. Lee Avenue (formerly known as 11 Frida Kahlo Way) (Assessor’s Parcel Block No: 3180-202), known as “Balboa Reservoir - Building E”; 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 project loan agreement providing the terms and conditions of the loan from the City to Balboa Lee Avenue, L.P. (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 and related matters, as defined herein. Supervisor Mandelman requested to be added as a co-sponsor. Resolution No. 413-25 ADOPTED by the following vote: - Ayes: Chan, Chen, Dorsey, Engardio, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton ### File 250829: Loan Agreement - BHC Balboa Builders, LLC - Balboa Reservoir - Infrastructure Improvements - Not to Exceed $56,425,904 - Pages: 9-10 - Vote 1: amendment - Action: do not materially increase the obligations or liabilities to the City and are necessary to effectuate the purposes of the Agreement or this Resolution. (Mayor’s Office of Housing and Community Development) (Fiscal Impact) Supervisor Mandelman requested to be added as a co-sponsor. Supervisor Chan, seconded by Supervisor Melgar, moved that this Resolution be AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLE, on Page 4, Lines 1-6, by adding written reports to be submitted from the Mayor’s Office of Housing and Community Development to the Board of Supervisors to read as ‘ WHEREAS, MOHCD has agreed to provide the following written reports to the Board of Supervisors for inclusion in File No. 250829: (1) within 90 days of the completion of Building E, MOHCD will transmit a report concerning the status of the Balboa Reservoir Project including the project timeline, the City funding for the horizontal and vertical development of the remaining parcels, and the total disbursement of the proposed infrastructure loan, and (2) a report on any action to forgive all or part of the proposed infrastructure loan, if applicable; now, therefore, be it’. The motion carried by the following vote: - Ayes: Chan, Chen, Dorsey, Engardio, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton - Vote 2: adoption, likely final - Action: (Fiscal Impact) Resolution No. 414-25 ADOPTED AS AMENDED by the following vote: - Ayes: Chan, Chen, Dorsey, Engardio, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton ## Extracted text ### [Page 8](https://sfbos.info/documents/1108/2025-09-09-minutes#page-8) Board of Supervisors Meeting Minutes 9/9/2025 250827 [Agreement - Solaris Bus US, Inc. - Purchase of Battery-Electric Buses - Anticipated Expenditure of $10,819,849] Sponsors: Mayor; Mahmood and Mandelman Resolution approving an agreement with Solaris Bus US, Inc., to procure three 40-ft and three 60-ft battery-electric transit buses from Solaris Bus US, Inc., along with associated spare parts, special tools, manuals, and training through assigned options established under a procurement conducted by King County Metro, which requires anticipated expenditures of $10,819,849 which includes a contract for an amount not to exceed $9,964,706 and a term until December 19, 2027, effective upon approval of this Resolution, with options to extend the contract to December 19, 2029, and responsibility for the payment of an estimated $855,143 in taxes; and to authorize the Acting Director of Transportation to enter into amendments or modifications to the contract that do not materially increase the obligations or liabilities to the City and are necessary to effectuate the purposes of the contract or this Resolution. (Municipal Transportation Agency) (Fiscal Impact) Resolution No. 412-25 ADOPTED by the following vote: Ayes: 11 - Chan, Chen, Dorsey, Engardio, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton President Mandelman requested File Nos. 250828, 250829, and 250830 be called together. 250828 [Multifamily Housing Revenue Note - Balboa Lee Avenue, L.P. - Balboa Reservoir - Building E - Expected to be 505 Mayor Edwin M. Lee Avenue (Formerly Known as 11 Frida Kahlo Way) - Not to Exceed $84,116,000] Sponsors: Mayor; Melgar and Mandelman Resolution approving for purposes of the Internal Revenue Code of 1986, as amended, authorizing the execution and delivery of a multifamily housing revenue note in one or more series in an aggregate principal amount not to exceed $84,116,000 for the purpose of providing financing for the construction of a 127-unit (plus one manager’s unit) multifamily rental housing project expected to be located at 505 Mayor Edwin M. Lee Avenue (formerly known as 11 Frida Kahlo Way) (Assessor’s Parcel Block No: 3180-202), known as “Balboa Reservoir - Building E”; 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 project loan agreement providing the terms and conditions of the loan from the City to Balboa Lee Avenue, L.P. (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 and related matters, as defined herein. Supervisor Mandelman requested to be added as a co-sponsor. Resolution No. 413-25 ADOPTED by the following vote: Ayes: 11 - Chan, Chen, Dorsey, Engardio, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton City and County of San Francisco Page 759 Printed at 1:26 pm on 10/22/25 ### [Page 9](https://sfbos.info/documents/1108/2025-09-09-minutes#page-9) Board of Supervisors Meeting Minutes 9/9/2025 250829 [Loan Agreement - BHC Balboa Builders, LLC - Balboa Reservoir - Infrastructure Improvements - Not to Exceed $56,425,904] Sponsors: Mayor; Melgar and Mandelman Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community Development to execute an Amended and Restated Loan Agreement with BHC Balboa Builders, LLC, a California limited liability company, for a total loan amount not to exceed $56,425,904 to finance the first phase of infrastructure improvements related to the revitalization and master development of an approximately 17.6-acre site with various public benefits including affordable housing, commonly known as the Balboa Reservoir Project; adopting findings that the loan agreement is consistent with the adopted Mitigation Monitoring and Reporting Program under the California Environmental Quality Act, the General Plan, and the priority policies of Planning Code, Section 101.1; and to authorize the Director of MOHCD or his designee to enter into amendments or modifications to the Agreement that do not materially increase the obligations or liabilities to the City and are necessary to effectuate the purposes of the Agreement or this Resolution. (Mayor’s Office of Housing and Community Development) (Fiscal Impact) Supervisor Mandelman requested to be added as a co-sponsor. Supervisor Chan, seconded by Supervisor Melgar, moved that this Resolution be AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLE, on Page 4, Lines 1-6, by adding written reports to be submitted from the Mayor’s Office of Housing and Community Development to the Board of Supervisors to read as ‘ WHEREAS, MOHCD has agreed to provide the following written reports to the Board of Supervisors for inclusion in File No. 250829: (1) within 90 days of the completion of Building E, MOHCD will transmit a report concerning the status of the Balboa Reservoir Project including the project timeline, the City funding for the horizontal and vertical development of the remaining parcels, and the total disbursement of the proposed infrastructure loan, and (2) a report on any action to forgive all or part of the proposed infrastructure loan, if applicable; now, therefore, be it’. The motion carried by the following vote: Ayes: 11 - Chan, Chen, Dorsey, Engardio, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton (Fiscal Impact) Resolution No. 414-25 ADOPTED AS AMENDED by the following vote: Ayes: 11 - Chan, Chen, Dorsey, Engardio, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton City and County of San Francisco Page 760 Printed at 1:26 pm on 10/22/25