# 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 150885: Multifamily Housing Revenue Note - 1065 Oakdale Avenue/798 Jerrold Avenue (aka Hunters Point East West) - Not to Exceed $69,238,000

- Pages: 11-12
- Vote 1: continuance
  - Action: n authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $69,238,000 for the purpose of providing financing for the acquisition and rehabilitation of a 213-unit multifamily rental housing project located at 1065 Oakdale Avenue/798 Jerrold Avenue (aka Hunters Point East West); 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 150886: Multifamily Housing Revenue Note - 25 Sanchez Street - Not to Exceed $25,612,000

- Pages: 12
- Vote 1: continuance
  - Action: 2,000] Sponsors: Mayor; Wiener and Farrell Resolution authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $25,612,000 for the purpose of providing financing for the acquisition and rehabilitation of a 90-unit multifamily rental housing project located at 25 Sanchez 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 150887: Multifamily Housing Revenue Note - 462 Duboce Avenue - Not to Exceed $19,514,000

- Pages: 12
- Vote 1: continuance
  - Action: 4,000] Sponsors: Mayor; Wiener and Farrell Resolution authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $19,514,000 for the purpose of providing financing for the acquisition and rehabilitation of a 42-unit multifamily rental housing project located at 462 Duboce 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

### File 150888: Multifamily Housing Revenue Note - 430 Turk Street - Not to Exceed $21,770,000

- Pages: 12-13
- Vote 1: continuance
  - Action: 21,770,000] 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 $21,770,000 for the purpose of providing financing for the acquisition and rehabilitation of a 89-unit multifamily rental housing project located at 430 Turk 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

## Extracted text

### [Page 12](https://sfbos.info/documents/298/2015-09-29-minutes#page-12)

Board of Supervisors                              Meeting Minutes                                                9/29/2015



150886 [Multifamily Housing Revenue Note - 25 Sanchez Street - Not to Exceed
       $25,612,000]
            Sponsors: Mayor; Wiener and Farrell
            Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
            aggregate principal amount not to exceed $25,612,000 for the purpose of providing financing for
            the acquisition and rehabilitation of a 90-unit multifamily rental housing project located at 25
            Sanchez 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


150887 [Multifamily Housing Revenue Note - 462 Duboce Avenue - Not to Exceed
       $19,514,000]
            Sponsors: Mayor; Wiener and Farrell
            Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
            aggregate principal amount not to exceed $19,514,000 for the purpose of providing financing for
            the acquisition and rehabilitation of a 42-unit multifamily rental housing project located at 462
            Duboce 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


150888 [Multifamily Housing Revenue Note - 430 Turk Street - Not to Exceed $21,770,000]
            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 $21,770,000 for the purpose of providing financing for
            the acquisition and rehabilitation of a 89-unit multifamily rental housing project located at 430 Turk
            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




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