# Board of Supervisors Minutes: October 6, 2015

- Meeting date: 2015-10-06
- Document type: minutes
- Pages in official PDF: 29
- [Canonical HTML transcript](https://sfbos.info/documents/300/2015-10-06-minutes)
- [Authoritative City PDF](https://sfgov.legistar.com/View.ashx?M=M&ID=436629&GUID=965D99E8-9EED-44B9-9740-BFD1ED69CA5D)

> 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: 10-11
- Vote 1: adoption, likely final
  - Action: ast West) - Not to Exceed $69,238,000] Sponsors: Mayor; Cohen and Farrell Resolution 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 Farrell requested to be added as a co-sponsor. Resolution No. 369-15 ADOPTED 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: 11
- Vote 1: adoption, likely final
  - Action: 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 Farrell requested to be added as a co-sponsor. Resolution No. 370-15 ADOPTED 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: 11-12
- Vote 1: adoption, likely final
  - Action: 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 Farrell requested to be added as a co-sponsor. Resolution No. 371-15 ADOPTED 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
- Vote 1: adoption, likely final
  - Action: 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 Farrell requested to be added as a co-sponsor. Resolution No. 372-15 ADOPTED by the following vote:
  - Ayes: Avalos, Breed, Campos, Christensen, Cohen, Farrell, Kim, Mar, Tang, Wiener, Yee

### File 150889: Multifamily Housing Revenue Note - 227 Bay Street - Not to Exceed $14,297,000

- Pages: 12-13
- Vote 1: adoption, likely final
  - Action: 150889 [Multifamily Housing Revenue Note - 227 Bay Street - Not to Exceed $14,297,000] Sponsors: Mayor; Christensen and Farrell Resolution authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $14,297,000 for the purpose of providing financing for the acquisition and rehabilitation of a 50-unit multifamily rental housing project located at 227 Bay 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 Farrell requested to be added as a co-sponsor. Resolution No. 373-15 ADOPTED by the following vote:
  - Ayes: Avalos, Breed, Campos, Christensen, Cohen, Farrell, Kim, Mar, Tang, Wiener, Yee

## Extracted text

### [Page 11](https://sfbos.info/documents/300/2015-10-06-minutes#page-11)

Board of Supervisors                             Meeting Minutes                                               10/6/2015



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 Farrell requested to be added as a co-sponsor.
            Resolution No. 370-15
            ADOPTED 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 Farrell requested to be added as a co-sponsor.
            Resolution No. 371-15
            ADOPTED by the following vote:
                 Ayes: 11 - Avalos, Breed, Campos, Christensen, Cohen, Farrell, Kim, Mar, Tang, Wiener, Yee




City and County of San Francisco                        Page 689                            Printed at 2:06 pm on 11/19/15

### [Page 12](https://sfbos.info/documents/300/2015-10-06-minutes#page-12)

Board of Supervisors                              Meeting Minutes                                                10/6/2015



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 Farrell requested to be added as a co-sponsor.
            Resolution No. 372-15
            ADOPTED by the following vote:
                 Ayes: 11 - Avalos, Breed, Campos, Christensen, Cohen, Farrell, Kim, Mar, Tang, Wiener, Yee


150889 [Multifamily Housing Revenue Note - 227 Bay Street - Not to Exceed $14,297,000]
            Sponsors: Mayor; Christensen and Farrell
            Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
            aggregate principal amount not to exceed $14,297,000 for the purpose of providing financing for
            the acquisition and rehabilitation of a 50-unit multifamily rental housing project located at 227 Bay
            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 Farrell requested to be added as a co-sponsor.
            Resolution No. 373-15
            ADOPTED by the following vote:
                 Ayes: 11 - Avalos, Breed, Campos, Christensen, Cohen, Farrell, Kim, Mar, Tang, Wiener, Yee




City and County of San Francisco                         Page 690                             Printed at 2:06 pm on 11/19/15
