# Board of Supervisors Minutes: September 13, 2016

- Meeting date: 2016-09-13
- Document type: minutes
- Source format: PDF
- Extracted pages: 29
- [Canonical HTML transcript](https://sfbos.info/documents/384/2016-09-13-minutes)
- [Authoritative City source](https://sfgov.legistar.com/View.ashx?M=M&ID=504572&GUID=F1BCD440-6A56-444E-A27D-93F8645A963A)

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

## Structured legislative records

### File 160854: Multifamily Housing Revenue Note - 1855-15th Street - Mission Dolores - Not to Exceed $32,368,000

- Pages: 7-8
- Sponsors: Mayor; Wiener
- Vote 1: adoption, likely final
  - Action: ion Dolores - Not to Exceed $32,368,000] Sponsors: Mayor; Wiener Resolution authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $32,368,000 for the purpose of providing financing for the acquisition and rehabilitation of a 91-unit multifamily rental housing project located in the City at 1855-15th Street, commonly known as Mission Dolores; 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, as defined herein; and related matters. (Mayor’s Office of Housing and Community Development) Resolution No. 370-16 ADOPTED by the following vote:
  - Ayes: Avalos, Breed, Campos, Cohen, Farrell, Kim, Mar, Peskin, Tang, Wiener, Yee

### File 160855: Multifamily Housing Revenue Note - 655, 711-795, and 895 Pacific Avenue - Ping Yuen - Not to Exceed $98,065,000

- Pages: 8
- Sponsors: Mayor; Peskin
- Vote 1: adoption, likely final
  - Action: ot to Exceed $98,065,000] Sponsors: Mayor; Peskin Resolution authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $98,065,000 for the purpose of providing financing for the acquisition and rehabilitation of a 234-unit multifamily rental housing project located in the City at 655, 711-795, and 895 Pacific Avenue, commonly known as Ping Yuen; 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, as defined herein; and related matters. (Mayor’s Office of Housing and Community Development) Resolution No. 371-16 ADOPTED by the following vote:
  - Ayes: Avalos, Breed, Campos, Cohen, Farrell, Kim, Mar, Peskin, Tang, Wiener, Yee

### File 160856: Multifamily Housing Revenue Note - 838 Pacific Avenue - Ping Yuen North - Not to Exceed $88,354,000

- Pages: 8-9
- Sponsors: Mayor; Peskin
- Vote 1: adoption, likely final
  - Action: en North - Not to Exceed $88,354,000] Sponsors: Mayor; Peskin Resolution authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $88,354,000 for the purpose of providing financing for the acquisition and rehabilitation of a 200-unit multifamily rental housing project located in the City at 838 Pacific Avenue, commonly known as Ping Yuen North; 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, as defined herein; and related matters. (Mayor’s Office of Housing and Community Development) Resolution No. 372-16 ADOPTED by the following vote:
  - Ayes: Avalos, Breed, Campos, Cohen, Farrell, Kim, Mar, Peskin, Tang, Wiener, Yee

### File 160857: Multifamily Housing Revenue Note - 1251 Turk Street - Rosa Parks - Not to Exceed $63,890,000

- Pages: 9
- Sponsors: Mayor; Breed
- Vote 1: adoption, likely final
  - Action: eet - Rosa Parks - Not to Exceed $63,890,000] Sponsors: Mayor; Breed Resolution authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $63,890,000 for the purpose of providing financing for the acquisition and rehabilitation of a 203-unit multifamily rental housing project located in the City at 1251 Turk Street, commonly known as Rosa Parks; 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, as defined herein; and related matters. (Mayor’s Office of Housing and Community Development) Resolution No. 373-16 ADOPTED by the following vote:
  - Ayes: Avalos, Breed, Campos, Cohen, Farrell, Kim, Mar, Peskin, Tang, Wiener, Yee

### File 160858: Multifamily Housing Revenue Note - 40 Harbor Road - Westbrook Apartments - Not to Exceed $87,459,000

- Pages: 9-10
- Sponsors: Mayor; Cohen
- Vote 1: adoption, likely final
  - Action: artments - Not to Exceed $87,459,000] Sponsors: Mayor; Cohen Resolution authorizing the execution and delivery of a multifamily housing revenue note in an aggregate principal amount not to exceed $87,459,000 for the purpose of providing financing for the acquisition and rehabilitation of a 223-unit multifamily rental housing project located in the City at 40 Harbor Road, commonly known as Westbrook Apartments; 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, as defined herein; and related matters. (Mayor’s Office of Housing and Community Development) Resolution No. 374-16 ADOPTED by the following vote:
  - Ayes: Avalos, Breed, Campos, Cohen, Farrell, Kim, Mar, Peskin, Tang, Wiener, Yee

## Extracted text

### [Page 8](https://sfbos.info/documents/384/2016-09-13-minutes#page-8)

Board of Supervisors                              Meeting Minutes                                                  9/13/2016



160855 [Multifamily Housing Revenue Note - 655, 711-795, and 895 Pacific Avenue - Ping
       Yuen - Not to Exceed $98,065,000]
            Sponsors: Mayor; Peskin
            Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
            aggregate principal amount not to exceed $98,065,000 for the purpose of providing financing for
            the acquisition and rehabilitation of a 234-unit multifamily rental housing project located in the City
            at 655, 711-795, and 895 Pacific Avenue, commonly known as Ping Yuen; 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, as defined herein; and related matters. (Mayor’s Office of Housing
            and Community Development)
            Resolution No. 371-16
            ADOPTED by the following vote:
                 Ayes: 11 - Avalos, Breed, Campos, Cohen, Farrell, Kim, Mar, Peskin, Tang, Wiener, Yee


160856 [Multifamily Housing Revenue Note - 838 Pacific Avenue - Ping Yuen North - Not to
       Exceed $88,354,000]
            Sponsors: Mayor; Peskin
            Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
            aggregate principal amount not to exceed $88,354,000 for the purpose of providing financing for
            the acquisition and rehabilitation of a 200-unit multifamily rental housing project located in the City
            at 838 Pacific Avenue, commonly known as Ping Yuen North; 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, as defined herein; and related matters. (Mayor’s Office of Housing and
            Community Development)
            Resolution No. 372-16
            ADOPTED by the following vote:
                 Ayes: 11 - Avalos, Breed, Campos, Cohen, Farrell, Kim, Mar, Peskin, Tang, Wiener, Yee




City and County of San Francisco                         Page 746                              Printed at 10:21 am on 10/26/16

### [Page 9](https://sfbos.info/documents/384/2016-09-13-minutes#page-9)

Board of Supervisors                              Meeting Minutes                                                  9/13/2016



160857 [Multifamily Housing Revenue Note - 1251 Turk Street - Rosa Parks - Not to Exceed
       $63,890,000]
            Sponsors: Mayor; Breed
            Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
            aggregate principal amount not to exceed $63,890,000 for the purpose of providing financing for
            the acquisition and rehabilitation of a 203-unit multifamily rental housing project located in the City
            at 1251 Turk Street, commonly known as Rosa Parks; 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, as defined herein; and related matters. (Mayor’s Office of Housing and Community
            Development)
            Resolution No. 373-16
            ADOPTED by the following vote:
                 Ayes: 11 - Avalos, Breed, Campos, Cohen, Farrell, Kim, Mar, Peskin, Tang, Wiener, Yee


160858 [Multifamily Housing Revenue Note - 40 Harbor Road - Westbrook Apartments - Not
       to Exceed $87,459,000]
            Sponsors: Mayor; Cohen
            Resolution authorizing the execution and delivery of a multifamily housing revenue note in an
            aggregate principal amount not to exceed $87,459,000 for the purpose of providing financing for
            the acquisition and rehabilitation of a 223-unit multifamily rental housing project located in the City
            at 40 Harbor Road, commonly known as Westbrook Apartments; 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, as defined herein; and related matters. (Mayor’s Office of Housing and
            Community Development)
            Resolution No. 374-16
            ADOPTED by the following vote:
                 Ayes: 11 - Avalos, Breed, Campos, Cohen, Farrell, Kim, Mar, Peskin, Tang, Wiener, Yee




City and County of San Francisco                         Page 747                              Printed at 10:21 am on 10/26/16
