# Board of Supervisors Minutes: November 28, 2017 - Meeting date: 2017-11-28 - Document type: minutes - Pages in official PDF: 31 - [Canonical HTML transcript](https://sfbos.info/documents/476/2017-11-28-minutes) - [Authoritative City PDF](https://sfgov.legistar.com/View.ashx?M=M&ID=576105&GUID=FD364D6A-A727-4494-BDC0-C7A98ACC566D) > This text was extracted for search and accessibility. The linked City PDF is the authoritative public record. ## Structured legislative records ### File 171121: Agreement Amendment - Transbay Joint Powers Authority - Municipal Transportation Agency - Transbay Transit Center Program Services - No Additional Cost - Pages: 12-13 - Vote 1: adoption, likely final - Action: 171121 [Agreement Amendment - Transbay Joint Powers Authority - Municipal Transportation Agency - Transbay Transit Center Program Services - No Additional Cost] Sponsor: Kim Resolution approving the Third Amendment to Contract No. CS-159 between the Municipal Transportation Agency and the Transbay Joint Powers Authority for Transbay Transit Center Program Services pursuant to Charter, Section 9.118, for the period of July 21, 2009, through June 30, 2018, at no additional cost. (Municipal Transportation Agency) Resolution No. 429-17 ADOPTED by the following vote: - Ayes: Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang, Yee ### File 171141: Multifamily Housing Revenue Bonds - Candlestick Point North 10a - Not to Exceed $100,000,000 - Pages: 13 - Vote 1: adoption, likely final - Action: co (the “City”) to reimburse certain expenditures from proceeds of future bonded indebtedness; authorizing the Director of the Mayor’s Office of Housing and Community Development (the “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 $100,000,000 for Candlestick Point North 10a (San Francisco, California 94124); 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; 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. 431-17 ADOPTED by the following vote: - Ayes: Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang, Yee ### File 171142: Multifamily Housing Revenue Bonds - Candlestick Point South 11a - Not to Exceed $100,000,000 - Pages: 13-14 - Vote 1: adoption, likely final - Action: co (the “City”) to reimburse certain expenditures from proceeds of future bonded indebtedness; authorizing the Director of the Mayor’s Office of Housing and Community Development (the “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 $100,000,000 for Candlestick Point South 11a (San Francisco, California 94124); 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; 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. 432-17 ADOPTED by the following vote: - Ayes: Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang, Yee ### File 171162: Multifamily Housing Revenue Bonds - 1150-3rd Street Apartments (also known as Mission Bay South Block 3 East) - Not to Exceed $51,000,000 - Pages: 14 - Vote 1: adoption, likely final - Action: 171162 [Multifamily Housing Revenue Bonds - 1150-3rd Street Apartments (also known as Mission Bay South Block 3 East) - Not to Exceed $51,000,000] Sponsors: Mayor; Kim Resolution authorizing the issuance, sale and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $51,000,000 for the purpose of providing financing for the construction of a 119-unit multifamily rental housing project known as 1150-3rd Street Apartments; approving the form of and authorizing the execution of an indenture of trust providing the terms and conditions of the bonds; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; approving the form of and authorizing the execution of a loan agreement; authorizing the collection of certain fees; approving modifications, changes and additions to the documents; ratifying and approving any action heretofore taken in connection with the bonds and the project; and granting general authority to City officials to take actions necessary to implement this Resolution, and related matters, as defined herein. Resolution No. 433-17 ADOPTED by the following vote: - Ayes: Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang, Yee ### File 171117: Resolution of Intention to Form Project Area I (Mission Rock), and Sub-Project Areas I-1 Through I-13 Therein, of Infrastructure Financing District No. 2 (Port of San Francisco) - Pages: 14 - Vote 1: adoption, likely final - Action: 171117 [Resolution of Intention to Form Project Area I (Mission Rock), and Sub-Project Areas I-1 Through I-13 Therein, of Infrastructure Financing District No. 2 (Port of San Francisco)] Sponsors: Mayor; Kim Resolution of Intention to establish Project Area I (Mission Rock), and Sub-Project Areas I-1 through I-13 therein, of City and County of San Francisco Infrastructure Financing District No. 2 (Port of San Francisco); to call a public hearing on January 23, 2018; and determining other matters in connection therewith. Resolution No. 426-17 ADOPTED by the following vote: - Ayes: Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang, Yee ### File 171118: Resolution of Intention to Issue Bonds Related to Project Area I of Port Infrastructure Financing District No. 2 (Port of San Francisco) - Pages: 14-15 - Vote 1: adoption, likely final - Action: 171118 [Resolution of Intention to Issue Bonds Related to Project Area I of Port Infrastructure Financing District No. 2 (Port of San Francisco)] Sponsors: Mayor; Kim Resolution of Intention to Issue Bonds for Project Area I of City and County of San Francisco Infrastructure Financing District No. 2. (Port of San Francisco). Resolution No. 427-17 ADOPTED by the following vote: - Ayes: Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang, Yee ## Extracted text ### [Page 13](https://sfbos.info/documents/476/2017-11-28-minutes#page-13) Board of Supervisors Meeting Minutes 11/28/2017 President Breed requested File Nos. 171141, 171142, and 171162 be called together. 171141 [Multifamily Housing Revenue Bonds - Candlestick Point North 10a - Not to Exceed $100,000,000] Sponsor: Cohen Resolution declaring the intent of the City and County of San Francisco (the “City”) to reimburse certain expenditures from proceeds of future bonded indebtedness; authorizing the Director of the Mayor’s Office of Housing and Community Development (the “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 $100,000,000 for Candlestick Point North 10a (San Francisco, California 94124); 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; 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. 431-17 ADOPTED by the following vote: Ayes: 11 - Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang, Yee 171142 [Multifamily Housing Revenue Bonds - Candlestick Point South 11a - Not to Exceed $100,000,000] Sponsor: Cohen Resolution declaring the intent of the City and County of San Francisco (the “City”) to reimburse certain expenditures from proceeds of future bonded indebtedness; authorizing the Director of the Mayor’s Office of Housing and Community Development (the “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 $100,000,000 for Candlestick Point South 11a (San Francisco, California 94124); 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; 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. 432-17 ADOPTED by the following vote: Ayes: 11 - Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang, Yee City and County of San Francisco Page 876 Printed at 1:11 pm on 1/3/18 ### [Page 14](https://sfbos.info/documents/476/2017-11-28-minutes#page-14) Board of Supervisors Meeting Minutes 11/28/2017 171162 [Multifamily Housing Revenue Bonds - 1150-3rd Street Apartments (also known as Mission Bay South Block 3 East) - Not to Exceed $51,000,000] Sponsors: Mayor; Kim Resolution authorizing the issuance, sale and delivery of multifamily housing revenue bonds in an aggregate principal amount not to exceed $51,000,000 for the purpose of providing financing for the construction of a 119-unit multifamily rental housing project known as 1150-3rd Street Apartments; approving the form of and authorizing the execution of an indenture of trust providing the terms and conditions of the bonds; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; approving the form of and authorizing the execution of a loan agreement; authorizing the collection of certain fees; approving modifications, changes and additions to the documents; ratifying and approving any action heretofore taken in connection with the bonds and the project; and granting general authority to City officials to take actions necessary to implement this Resolution, and related matters, as defined herein. Resolution No. 433-17 ADOPTED by the following vote: Ayes: 11 - Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang, Yee Recommendations of the Government Audit and Oversight Committee President Breed requested File Nos. 171117 and 171118 be called together. 171117 [Resolution of Intention to Form Project Area I (Mission Rock), and Sub-Project Areas I-1 Through I-13 Therein, of Infrastructure Financing District No. 2 (Port of San Francisco)] Sponsors: Mayor; Kim Resolution of Intention to establish Project Area I (Mission Rock), and Sub-Project Areas I-1 through I-13 therein, of City and County of San Francisco Infrastructure Financing District No. 2 (Port of San Francisco); to call a public hearing on January 23, 2018; and determining other matters in connection therewith. Resolution No. 426-17 ADOPTED by the following vote: Ayes: 11 - Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang, Yee 171118 [Resolution of Intention to Issue Bonds Related to Project Area I of Port Infrastructure Financing District No. 2 (Port of San Francisco)] Sponsors: Mayor; Kim Resolution of Intention to Issue Bonds for Project Area I of City and County of San Francisco Infrastructure Financing District No. 2. (Port of San Francisco). Resolution No. 427-17 ADOPTED by the following vote: Ayes: 11 - Breed, Cohen, Farrell, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Tang, Yee City and County of San Francisco Page 877 Printed at 1:11 pm on 1/3/18