# Board of Supervisors Minutes: September 19, 2017 - Meeting date: 2017-09-19 - Document type: minutes - Source format: PDF - Extracted pages: 24 - [Canonical HTML transcript](https://sfbos.info/documents/462/2017-09-19-minutes) - [Authoritative City source](https://sfgov.legistar.com/View.ashx?M=M&ID=564272&GUID=D5A07724-D0BB-4CAF-9414-26AC4950D575) > This text was extracted for search and accessibility. The linked City source is the authoritative public record. ## Structured legislative records ### File 170875: Apply for Grant - California Department of Housing and Community Development - No Place Like Home - Up to $150,000 - Pages: 6-7 - Sponsors: Mayor - Vote 1: adoption, likely final - Action: 170875 [Apply for Grant - California Department of Housing and Community Development - No Place Like Home - Up to $150,000] Sponsor: Mayor Resolution authorizing the Department of Homelessness and Supportive Housing to apply for a technical assistance grant in an amount up to $150,000 from the California Department of Housing and Community Development to support the planning and implementation of No Place Like Home. Resolution No. 344-17 ADOPTED by the following vote: - Ayes: Breed, Fewer, Kim, Peskin, Ronen, Sheehy, Yee - Excused: Cohen, Farrell, Safai, Tang ### File 170876: Multifamily Housing Revenue Bonds - 1950 Mission Street - Not to Exceed $95,000,000 - Pages: 7 - Sponsors: Mayor; Ronen and Fewer - Vote 1: adoption, likely final - Action: mmunity Development (“Director”) to submit an application and related documents to the California Debt Limit Allocation Committee (“CDLAC”) to permit the issuance of residential mortgage revenue bonds in an aggregate principal amount not to exceed $95,000,000 for 1950 Mission Street; authorizing and directing the Director to direct the Controller’s Office to hold in trust an amount not to exceed $100,000 in accordance with CDLAC procedures; authorizing the Director to certify to CDLAC that the City has on deposit the required amount; authorizing the Director to pay an amount equal to such deposit to the State of California if the City fails to issue the residential mortgage revenue bonds; approving, for purposes of the Internal Revenue Code of 1986, as amended, the issuance and sale of residential mortgage revenue bonds by the City in an aggregate principal amount not to exceed $95,000,000; authorizing and directing the execution of any documents necessary to implement this Resolution; and ratifying and approving any action heretofore taken in connection with the Project, as defined herein, and the Application, as defined herein. Resolution No. 352-17 ADOPTED by the following vote: - Ayes: Breed, Fewer, Kim, Peskin, Ronen, Sheehy, Yee - Excused: Cohen, Farrell, Safai, Tang ### File 170877: Multifamily Housing Revenue Bonds - 490 South Van Ness Avenue - Not to Exceed $65,000,000 - Pages: 7-8 - Sponsors: Mayor; Ronen - Vote 1: adoption, likely final - Action: y Development (“Director”) to submit an application and related documents to the California Debt Limit Allocation Committee (“CDLAC”) to permit the issuance of residential mortgage revenue bonds in an aggregate principal amount not to exceed $65,000,000 for 490 South Van Ness Avenue; authorizing and directing the Director to direct the Controller’s Office to hold in trust an amount not to exceed $100,000 in accordance with CDLAC procedures; authorizing the Director to certify to CDLAC that the City has on deposit the required amount; authorizing the Director to pay an amount equal to such deposit to the State of California if the City fails to issue the residential mortgage revenue bonds; approving, for purposes of the Internal Revenue Code of 1986, as amended, the issuance and sale of residential mortgage revenue bonds by the City in an aggregate principal amount not to exceed $65,000,000; authorizing and directing the execution of any documents necessary to implement this Resolution; and ratifying and approving any action heretofore taken in connection with the Project, as defined herein, and the Application, as defined herein. Resolution No. 353-17 ADOPTED by the following vote: - Ayes: Breed, Fewer, Kim, Peskin, Ronen, Sheehy, Yee - Excused: Cohen, Farrell, Safai, Tang ## Extracted text ### [Page 7](https://sfbos.info/documents/462/2017-09-19-minutes#page-7) Board of Supervisors Meeting Minutes 9/19/2017 President Breed requested File Nos. 170876, 170877, and 170885 be called together. 170876 [Multifamily Housing Revenue Bonds - 1950 Mission Street - Not to Exceed $95,000,000] Sponsors: Mayor; Ronen and Fewer Resolution declaring the intent of the City and County of San Francisco (“City”) to reimburse certain expenditures from proceeds of future bonded indebtedness; authorizing the Director of the Mayor’s Office of Housing and Community Development (“Director”) to submit an application and related documents to the California Debt Limit Allocation Committee (“CDLAC”) to permit the issuance of residential mortgage revenue bonds in an aggregate principal amount not to exceed $95,000,000 for 1950 Mission Street; authorizing and directing the Director to direct the Controller’s Office to hold in trust an amount not to exceed $100,000 in accordance with CDLAC procedures; authorizing the Director to certify to CDLAC that the City has on deposit the required amount; authorizing the Director to pay an amount equal to such deposit to the State of California if the City fails to issue the residential mortgage revenue bonds; approving, for purposes of the Internal Revenue Code of 1986, as amended, the issuance and sale of residential mortgage revenue bonds by the City in an aggregate principal amount not to exceed $95,000,000; authorizing and directing the execution of any documents necessary to implement this Resolution; and ratifying and approving any action heretofore taken in connection with the Project, as defined herein, and the Application, as defined herein. Resolution No. 352-17 ADOPTED by the following vote: Ayes: 7 - Breed, Fewer, Kim, Peskin, Ronen, Sheehy, Yee Excused: 4 - Cohen, Farrell, Safai, Tang 170877 [Multifamily Housing Revenue Bonds - 490 South Van Ness Avenue - Not to Exceed $65,000,000] Sponsors: Mayor; Ronen Resolution declaring the intent of the City and County of San Francisco (“City”) to reimburse certain expenditures from proceeds of future bonded indebtedness; authorizing the Director of the Mayor’s Office of Housing and Community Development (“Director”) to submit an application and related documents to the California Debt Limit Allocation Committee (“CDLAC”) to permit the issuance of residential mortgage revenue bonds in an aggregate principal amount not to exceed $65,000,000 for 490 South Van Ness Avenue; authorizing and directing the Director to direct the Controller’s Office to hold in trust an amount not to exceed $100,000 in accordance with CDLAC procedures; authorizing the Director to certify to CDLAC that the City has on deposit the required amount; authorizing the Director to pay an amount equal to such deposit to the State of California if the City fails to issue the residential mortgage revenue bonds; approving, for purposes of the Internal Revenue Code of 1986, as amended, the issuance and sale of residential mortgage revenue bonds by the City in an aggregate principal amount not to exceed $65,000,000; authorizing and directing the execution of any documents necessary to implement this Resolution; and ratifying and approving any action heretofore taken in connection with the Project, as defined herein, and the Application, as defined herein. Resolution No. 353-17 ADOPTED by the following vote: Ayes: 7 - Breed, Fewer, Kim, Peskin, Ronen, Sheehy, Yee Excused: 4 - Cohen, Farrell, Safai, Tang City and County of San Francisco Page 690 Printed at 12:10 pm on 10/13/17