# Board of Supervisors Minutes: September 29, 2015

- Meeting date: 2015-09-29
- Document type: minutes
- Pages in official PDF: 29
- [Canonical HTML transcript](https://sfbos.info/documents/298/2015-09-29-minutes)
- [Authoritative City PDF](https://sfgov.legistar.com/View.ashx?M=M&ID=435435&GUID=5719075F-755C-4890-9212-B847B10D4DD6)

> This text was extracted for search and accessibility. The linked City PDF is the authoritative public record.

## Structured legislative records

### File 150879: Multifamily Housing Revenue Note - 666 Ellis Street - Not to Exceed $22,168,000

- Pages: 9-10
- Vote 1: continuance
  - Action: 2,168,000] Sponsors: Mayor; Kim and Farrell Resolution authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $22,168,000 for the purpose of providing financing for the acquisition and rehabilitation of a 99-unit multifamily rental housing project located at 666 Ellis Street; approving the form of and authorizing the execution of a funding loan agreement providing the terms and conditions of the note and authorizing the execution and delivery thereof; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; approving the forms of and authorizing the execution of certain loan documents; authorizing the collection of certain fees; ratifying and approving any action heretofore taken in connection with the note and the project, as defined herein; granting general authority to City officials to take actions necessary to implement this Resolution; and related matters. Supervisor Christensen, seconded by Supervisor Farrell, moved that this Resolution be CONTINUED to the Board of Supervisors meeting of October 6, 2015. The motion carried by the following vote:
  - Ayes: Avalos, Breed, Campos, Christensen, Cohen, Farrell, Kim, Mar, Tang, Wiener, Yee

### File 150880: Multifamily Housing Revenue Note - 1150 Scott Street (aka Robert B. Pitts) - Not to Exceed $48,768,000

- Pages: 10
- Vote 1: continuance
  - Action: ; Breed and Farrell Resolution authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $48,768,000 for the purpose of providing financing for the acquisition and rehabilitation of a 201-unit multifamily rental housing project located at 1150 Scott Street (aka Robert B. Pitts); approving the form of and authorizing the execution of a funding loan agreement providing the terms and conditions of the note and authorizing the execution and delivery thereof; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; approving the forms of and authorizing the execution of certain loan documents; authorizing the collection of certain fees; ratifying and approving any action heretofore taken in connection with the note and the project, as defined herein; granting general authority to City officials to take actions necessary to implement this Resolution; and related matters. Supervisor Christensen, seconded by Supervisor Farrell, moved that this Resolution be CONTINUED to the Board of Supervisors meeting of October 6, 2015. The motion carried by the following vote:
  - Ayes: Avalos, Breed, Campos, Christensen, Cohen, Farrell, Kim, Mar, Tang, Wiener, Yee

### File 150881: Multifamily Housing Revenue Note - 1880 Pine Street - Not to Exceed $21,475,000

- Pages: 10
- Vote 1: continuance
  - Action: ceed $21,475,000] Sponsors: Mayor; Farrell Resolution authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $21,475,000 for the purpose of providing financing for the acquisition and rehabilitation of a 113-unit multifamily rental housing project located at 1880 Pine Street; approving the form of and authorizing the execution of a funding loan agreement providing the terms and conditions of the note and authorizing the execution and delivery thereof; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; approving the forms of and authorizing the execution of certain loan documents; authorizing the collection of certain fees; ratifying and approving any action heretofore taken in connection with the note and the project, as defined herein; granting general authority to City officials to take actions necessary to implement this Resolution; and related matters. Supervisor Christensen, seconded by Supervisor Farrell, moved that this Resolution be CONTINUED to the Board of Supervisors meeting of October 6, 2015. The motion carried by the following vote:
  - Ayes: Avalos, Breed, Campos, Christensen, Cohen, Farrell, Kim, Mar, Tang, Wiener, Yee

### File 150882: Multifamily Housing Revenue Note - 255 Woodside Avenue - Not to Exceed $30,708,000

- Pages: 10-11
- Vote 1: continuance
  - Action: 8,000] Sponsors: Mayor; Yee and Farrell Resolution authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $30,708,000 for the purpose of providing financing for the acquisition and rehabilitation of a 109-unit multifamily rental housing project located at 255 Woodside Avenue; approving the form of and authorizing the execution of a funding loan agreement providing the terms and conditions of the note and authorizing the execution and delivery thereof; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; approving the forms of and authorizing the execution of certain loan documents; authorizing the collection of certain fees; ratifying and approving any action heretofore taken in connection with the note and the project, as defined herein; granting general authority to City officials to take actions necessary to implement this Resolution; and related matters. Supervisor Christensen, seconded by Supervisor Farrell, moved that this Resolution be CONTINUED to the Board of Supervisors meeting of October 6, 2015. The motion carried by the following vote:
  - Ayes: Avalos, Breed, Campos, Christensen, Cohen, Farrell, Kim, Mar, Tang, Wiener, Yee

## Extracted text

### [Page 10](https://sfbos.info/documents/298/2015-09-29-minutes#page-10)

Board of Supervisors                             Meeting Minutes                                               9/29/2015



150880 [Multifamily Housing Revenue Note - 1150 Scott Street (aka Robert B. Pitts) - Not to
       Exceed $48,768,000]
            Sponsors: Mayor; Breed and Farrell
            Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
            aggregate principal amount not to exceed $48,768,000 for the purpose of providing financing for
            the acquisition and rehabilitation of a 201-unit multifamily rental housing project located at 1150
            Scott Street (aka Robert B. Pitts); approving the form of and authorizing the execution of a funding
            loan agreement providing the terms and conditions of the note and authorizing the execution and
            delivery thereof; approving the form of and authorizing the execution of a regulatory agreement
            and declaration of restrictive covenants; approving the forms of and authorizing the execution of
            certain loan documents; authorizing the collection of certain fees; ratifying and approving any
            action heretofore taken in connection with the note and the project, as defined herein; granting
            general authority to City officials to take actions necessary to implement this Resolution; and
            related matters.
            Supervisor Christensen, seconded by Supervisor Farrell, moved that this Resolution be CONTINUED
            to the Board of Supervisors meeting of October 6, 2015. The motion carried by the following vote:
                 Ayes: 11 - Avalos, Breed, Campos, Christensen, Cohen, Farrell, Kim, Mar, Tang, Wiener, Yee


150881 [Multifamily Housing Revenue Note - 1880 Pine Street - Not to Exceed $21,475,000]
            Sponsors: Mayor; Farrell
            Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
            aggregate principal amount not to exceed $21,475,000 for the purpose of providing financing for
            the acquisition and rehabilitation of a 113-unit multifamily rental housing project located at 1880
            Pine Street; approving the form of and authorizing the execution of a funding loan agreement
            providing the terms and conditions of the note and authorizing the execution and delivery thereof;
            approving the form of and authorizing the execution of a regulatory agreement and declaration of
            restrictive covenants; approving the forms of and authorizing the execution of certain loan
            documents; authorizing the collection of certain fees; ratifying and approving any action heretofore
            taken in connection with the note and the project, as defined herein; granting general authority to
            City officials to take actions necessary to implement this Resolution; and related matters.
            Supervisor Christensen, seconded by Supervisor Farrell, moved that this Resolution be CONTINUED
            to the Board of Supervisors meeting of October 6, 2015. The motion carried by the following vote:
                 Ayes: 11 - Avalos, Breed, Campos, Christensen, Cohen, Farrell, Kim, Mar, Tang, Wiener, Yee


150882 [Multifamily Housing Revenue Note - 255 Woodside Avenue - Not to Exceed
       $30,708,000]
            Sponsors: Mayor; Yee and Farrell
            Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
            aggregate principal amount not to exceed $30,708,000 for the purpose of providing financing for
            the acquisition and rehabilitation of a 109-unit multifamily rental housing project located at 255
            Woodside Avenue; approving the form of and authorizing the execution of a funding loan
            agreement providing the terms and conditions of the note and authorizing the execution and
            delivery thereof; approving the form of and authorizing the execution of a regulatory agreement
            and declaration of restrictive covenants; approving the forms of and authorizing the execution of
            certain loan documents; authorizing the collection of certain fees; ratifying and approving any
            action heretofore taken in connection with the note and the project, as defined herein; granting
            general authority to City officials to take actions necessary to implement this Resolution; and
            related matters.
            Supervisor Christensen, seconded by Supervisor Farrell, moved that this Resolution be CONTINUED
            to the Board of Supervisors meeting of October 6, 2015. The motion carried by the following vote:
                 Ayes: 11 - Avalos, Breed, Campos, Christensen, Cohen, Farrell, Kim, Mar, Tang, Wiener, Yee


City and County of San Francisco                        Page 661                             Printed at 2:44 pm on 11/6/15
