# Board of Supervisors Minutes: October 3, 2017 - Meeting date: 2017-10-03 - Document type: minutes - Source format: PDF - Extracted pages: 21 - [Canonical HTML transcript](https://sfbos.info/documents/466/2017-10-03-minutes) - [Authoritative City source](https://sfgov.legistar.com/View.ashx?M=M&ID=566402&GUID=180BE934-E648-4343-83BC-4C6C9401728F) > This text was extracted for search and accessibility. The linked City source is the authoritative public record. ## Structured legislative records ### File 170997: Multifamily Housing Revenue Bonds - 2675 Folsom Street and 970 Treat Avenue - Not to Exceed $130,000,000 - Pages: 14-15 - Sponsors: Ronen - Vote 1: adoption, likely final - Action: 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 $130,000,000 for 2675 Folsom Street and 970 Treat 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 $130,000,000; 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. 367-17 ADOPTED by the following vote: - Ayes: Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang - Absent: Yee ### File 171021: Multifamily Housing Revenue Bonds - One Church Street, 45 Church Street, and One Webster Street - Not to Exceed $45,000,000 - Pages: 15 - Sponsors: Sheehy - Vote 1: adoption, likely final - Action: it 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 $45,000,000 for One Church Street, 45 Church Street, and One Webster 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 $45,000,000; 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. 369-17 ADOPTED by the following vote: - Ayes: Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang - Absent: Yee ## Extracted text ### [Page 15](https://sfbos.info/documents/466/2017-10-03-minutes#page-15) Board of Supervisors Meeting Minutes 10/3/2017 171021 [Multifamily Housing Revenue Bonds - One Church Street, 45 Church Street, and One Webster Street - Not to Exceed $45,000,000] Sponsor: Sheehy 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 $45,000,000 for One Church Street, 45 Church Street, and One Webster 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 $45,000,000; 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. 369-17 ADOPTED by the following vote: Ayes: 10 - Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang Absent: 1 - Yee ROLL CALL FOR INTRODUCTIONS See Legislation Introduced below. PUBLIC COMMENT Andrew Yip; shared his various thoughts and experiences with the Board. Emil Lawrence; spoke on concerns regarding transportation network companies and the harassment of taxi drivers. Joanne Keaney; spoke on regarding the Police Department, the Police Officers Association, and the need for transparent reform. Maria Victoria Hearn; spoke on regarding the Police Department, the Police Officers Association, and the need for transparent reform. Rodrigo Toquetao; spoke on regarding the Police Department, the Police Officers Association, and the need for transparent reform. Jean Bridges; spoke on regarding the Police Department, the Police Officers Association, and the need for transparent reform. Daniel Caffer; spoke on regarding the Police Department, the Police Officers Association, and the need for transparent reform. Tom Gilberty; expressed concerns regarding police shootings, those with mental illness, and the need for affordable housing. Male Speaker; expressed concerns regarding mass murders and shootings. IMPERATIVE AGENDA There were no imperative agenda items. City and County of San Francisco Page 746 Printed at 12:56 pm on 11/6/17