# Board of Supervisors Minutes: July 28, 2026 - Meeting date: 2026-07-28 - Document type: minutes - Source format: PDF - Extracted pages: 39 - [Canonical HTML transcript](https://sfbos.info/documents/2158/2026-07-28-minutes) - [Authoritative City source](https://sfgov.legistar.com/View.ashx?M=M&ID=1429946&GUID=6AAB7A5B-CA8B-42C6-8F3F-0DB3363A22BC) > This text was extracted for search and accessibility. The linked City source is the authoritative public record. ## Structured legislative records ### File 260743: Emergency Declaration - Recreation and Park Department - Marina Yacht Harbor Dredging - Estimated Cost of Emergency Work Exceeds $2,500,000 - Pages: 13-14 - Sponsors: Sherrill - Vote 1: adoption, likely final - Action: 260743 [Emergency Declaration - Recreation and Park Department - Marina Yacht Harbor Dredging - Estimated Cost of Emergency Work Exceeds $2,500,000] Sponsor: Sherrill Resolution approving the Recreation and Park Department General Manager’s declaration of emergency under Administrative Code, Section 6.60, for emergency dredging at the San Francisco Marina Yacht Harbor, estimated to cost in excess of $2,500,000. (Fiscal Impact) ADOPTED by the following vote: - Ayes: Chan, Chen, Dorsey, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong ### File 260793: Acquisition of Real Property - $2,178,786 - Amended Loan - NTE $13,666,153 - Residential Ground Lease - ABR $100 - New Asia Housing, L.P. - Commercial Ground Lease - ABR $1 - CCDC New Asia Commercial LLC - 758 and 772 Pacific Ave - 100% Affordable Housing - Pages: 14-15 - Sponsors: Mayor; Sauter - Vote 1: adoption, likely final - Action: al Ground Lease”) in order to construct and operate certain commercial space for community-serving purposes on the Commercial Property (the “Commercial Project” and together with the Residential Project, the “Project”); 6) adopting findings declaring that the Property is “exempt surplus land” pursuant to the California Surplus Lands Act; 7) determining that the less than market rent payable under the Residential Ground Lease and the Commercial Ground Lease will serve a public purpose by providing affordable housing for low-income households in need and community-serving commercial space to the residents of the Project, in accordance with Section 23.30 of the Administrative Code; 8) adopting findings that the Project and proposed transactions are consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; and 9) authorizing the Director of Property and/or the Director of MOHCD to make certain modifications to the Purchase Agreement, Loan Agreement, Residential Ground Lease, and Commercial Ground Lease, as defined herein, and take certain actions in furtherance of this Resolution, as defined herein. (Fiscal Impact) ADOPTED by the following vote: - Ayes: Chan, Chen, Dorsey, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong ### File 260794: Rent Forgiveness, Month-to-Month Rent Reduction - Shew Yick Trust One, Robert Yick Exempt Assets Trust, Hon So, Inc., Hon Keung So, and Candy Mei-Yiu So - New Asia Restaurant - $1,172,500 - Pages: 15-16 - Sponsors: Mayor; Sauter - Vote 1: adoption, likely final - Action: 260794 [Rent Forgiveness, Month-to-Month Rent Reduction - Shew Yick Trust One, Robert Yick Exempt Assets Trust, Hon So, Inc., Hon Keung So, and Candy Mei-Yiu So - New Asia Restaurant - $1,172,500] Sponsors: Mayor; Sauter Resolution authorizing the Director of Property, in consultation with the Mayor’s Office of Housing and Community Development (“MOHCD”), to partially forgive approximately $1,172,500 of approximately $1,507,500 in outstanding rent obligations and reduce the monthly base rent to $5,000 per month for the remaining duration of Shew Yick, Trustee of Shew Yick Trust One, and Shew Yick and Richard Tong, Trustees of Robert Yick Exempt Assets Trust, as Lessor, and Hon So, Inc., Hon Keung So, an individual, and Candy Mei-Yiu So, an individual, as Lessee’s (collectively, “Tenant”) month-to-month occupancy to end on September 30, 2026; and authorizing the Director of Property and Director of MOHCD, or their respective designees, to take any other related actions in furtherance of this Resolution, as defined herein. (Fiscal Impact) ADOPTED by the following vote: - Ayes: Chan, Chen, Dorsey, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong - Vote 2: other - Action: Supervisor Chan was noted absent at 4:14 p.m. Supervisor Walton was noted absent at 4:15 p.m. and for the remainder of the meeting. Supervisor Walton Excused From Attendance Supervisor Chen, seconded by Supervisor Fielder, moved that Supervisor Walton be excused beginning at 4:15 p.m. and for the remainder of the meeting. The motion carried by the following vote: - Ayes: Chen, Dorsey, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Wong - Absent: Chan - Excused: Walton ## Extracted text ### [Page 14](https://sfbos.info/documents/2158/2026-07-28-minutes#page-14) Board of Supervisors Meeting Minutes - Draft 7/28/2026 President Mandelman requested File Nos. 260793 and 260794 be called together. 260793 [Acquisition of Real Property - $2,178,786 - Amended Loan - NTE $13,666,153 - Residential Ground Lease - ABR $100 - New Asia Housing, L.P. - Commercial Ground Lease - ABR $1 - CCDC New Asia Commercial LLC - 758 and 772 Pacific Ave - 100% Affordable Housing] Sponsors: Mayor; Sauter Resolution 1) approving and authorizing the Director of Property, on behalf of the San Francisco Mayor’s Office of Housing and Community Development (“MOHCD”), to acquire real property located at 758 Pacific Avenue (“758 Pacific") from New Asia Housing, L.P. (“Residential Borrower”) for $2,178,786 under an Agreement of Purchase and Sale for Real Estate (“Purchase Agreement”); 2) placing 758 Pacific under the jurisdiction of MOHCD for use in constructing affordable housing; 3) approving and authorizing a Third Amendment to the Loan Agreement with the Residential Borrower in a total amount not to exceed (“NTE”) $13,666,153 (“Loan Agreement”) to finance predevelopment costs associated with the Project; 4) approving and authorizing the Director of Property and the Director of MOHCD to enter into a Residential Ground Lease to lease a portion of 758 Pacific and 772 Pacific (together, the “Residential Property”) to Residential Borrower for a term of 75 years with one 24-year option to extend and an annual base rent (“ABR”) of $100 plus an annual monitoring and administrative fee of $15,000 (“Residential Ground Lease”) in order to construct a 100% affordable, 175-unit multifamily rental housing development affordable to low-income senior households, including one manager’s unit (the “Residential Project”); 5) approving and authorizing the Director of Property and the Director of MOHCD to enter into a Commercial Ground Lease with CCDC New Asia Commercial LLC to lease a portion of 772 Pacific (the “Commercial Property” and together with the Residential Property, the “Property”) for a term of 75 years with one 24-year option to extend and an ABR of $1 (“Commercial Ground Lease”) in order to construct and operate certain commercial space for community-serving purposes on the Commercial Property (the “Commercial Project” and together with the Residential Project, the “Project”); 6) adopting findings declaring that the Property is “exempt surplus land” pursuant to the California Surplus Lands Act; 7) determining that the less than market rent payable under the Residential Ground Lease and the Commercial Ground Lease will serve a public purpose by providing affordable housing for low-income households in need and community-serving commercial space to the residents of the Project, in accordance with Section 23.30 of the Administrative Code; 8) adopting findings that the Project and proposed transactions are consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; and 9) authorizing the Director of Property and/or the Director of MOHCD to make certain modifications to the Purchase Agreement, Loan Agreement, Residential Ground Lease, and Commercial Ground Lease, as defined herein, and take certain actions in furtherance of this Resolution, as defined herein. (Fiscal Impact) ADOPTED by the following vote: Ayes: 11 - Chan, Chen, Dorsey, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong City and County of San Francisco Page 13 Printed at 2:42 pm on 7/29/26 ### [Page 15](https://sfbos.info/documents/2158/2026-07-28-minutes#page-15) Board of Supervisors Meeting Minutes - Draft 7/28/2026 260794 [Rent Forgiveness, Month-to-Month Rent Reduction - Shew Yick Trust One, Robert Yick Exempt Assets Trust, Hon So, Inc., Hon Keung So, and Candy Mei-Yiu So - New Asia Restaurant - $1,172,500] Sponsors: Mayor; Sauter Resolution authorizing the Director of Property, in consultation with the Mayor’s Office of Housing and Community Development (“MOHCD”), to partially forgive approximately $1,172,500 of approximately $1,507,500 in outstanding rent obligations and reduce the monthly base rent to $5,000 per month for the remaining duration of Shew Yick, Trustee of Shew Yick Trust One, and Shew Yick and Richard Tong, Trustees of Robert Yick Exempt Assets Trust, as Lessor, and Hon So, Inc., Hon Keung So, an individual, and Candy Mei-Yiu So, an individual, as Lessee’s (collectively, “Tenant”) month-to-month occupancy to end on September 30, 2026; and authorizing the Director of Property and Director of MOHCD, or their respective designees, to take any other related actions in furtherance of this Resolution, as defined herein. (Fiscal Impact) ADOPTED by the following vote: Ayes: 11 - Chan, Chen, Dorsey, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong Supervisor Chan was noted absent at 4:14 p.m. Supervisor Walton was noted absent at 4:15 p.m. and for the remainder of the meeting. Supervisor Walton Excused From Attendance Supervisor Chen, seconded by Supervisor Fielder, moved that Supervisor Walton be excused beginning at 4:15 p.m. and for the remainder of the meeting. The motion carried by the following vote: Ayes: 9 - Chen, Dorsey, Fielder, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Wong Excused: 1 - Walton Absent: 1 - Chan Supervisor Chan was noted present at 4:17 p.m. City and County of San Francisco Page 14 Printed at 2:42 pm on 7/29/26