# Board of Supervisors Minutes: May 22, 2018 - Meeting date: 2018-05-22 - Document type: minutes - Pages in official PDF: 32 - [Canonical HTML transcript](https://sfbos.info/documents/514/2018-05-22-minutes) - [Authoritative City PDF](https://sfgov.legistar.com/View.ashx?M=M&ID=608020&GUID=80DC30F1-29CE-41AD-B2EA-FF8856703545) > This text was extracted for search and accessibility. The linked City PDF is the authoritative public record. ## Structured legislative records ### File 180362: San Francisco Finance Corporation - Refunding Lease Revenue Bonds - Open Space Fund - Not to Exceed $41,320,000 - Pages: 9-10 - Vote 1: first-reading - Action: on and the City; approving the form of a Second Supplemental Trust Agreement by and between the Corporation and a trustee (including certain indemnities contained therein); approving the form of an Assignment Agreement by and between the Corporation and a trustee; authorizing the sale of the refunding lease revenue bonds by competitive or negotiated sale; approving the form of an Official Notice of Sale and a Notice of Intention to Sell the refunding lease revenue bonds; directing the publication of the Notice of Intention to Sell the refunding lease revenue bonds; approving the form of a Purchase Contract and authorizing the appointment of one or more underwriters for the refunding lease revenue bonds; approving the form of an Official Statement in preliminary and final form; approving the form of a Continuing Disclosure Certificate; authorizing the payment of costs of issuance; granting general authority to City officials to take certain actions in connection with the refunding lease revenue bonds, as defined herein; approving modifications to documents; and ratifying previous actions taken in connection therewith, as defined herein. PASSED ON FIRST READING by the following vote: - Ayes: Breed, Cohen, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Stefani, Tang, Yee ### File 180363: San Francisco Finance Corporation Refunding Lease Revenue Bonds (Library Projects) - Not to Exceed 26,530,000 - Pages: 10 - Vote 1: first-reading - Action: ster Lease by and between the Corporation and the City; approving the form of a First Supplemental Trust Agreement by and between the Corporation and a trustee (including certain indemnities contained therein); approving the form of an Assignment Agreement by and between the Corporation and a trustee; authorizing the sale of the refunding lease revenue bonds by competitive or negotiated sale; approving the form of an Official Notice of Sale and a Notice of Intention to Sell the refunding lease revenue bonds; directing the publication of the Notice of Intention to Sell the refunding lease revenue bonds; approving the form of a Purchase Contract and authorizing the appointment of one or more underwriters for the refunding lease revenue bonds; approving the form of an Official Statement in preliminary and final form; approving the form of a Continuing Disclosure Certificate; authorizing the payment of costs of issuance; granting general authority to City officials to take certain actions in connection with the refunding lease revenue bonds; approving modifications to documents; and ratifying previous actions taken in connection therewith. PASSED ON FIRST READING by the following vote: - Ayes: Breed, Cohen, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Stefani, Tang, Yee ### File 180235: California Constitution Appropriations Limit - FY2017-2018 - $3,489,694,774 - Pages: 10 - Vote 1: adoption, likely final - Action: 180235 [California Constitution Appropriations Limit - FY2017-2018 - $3,489,694,774] Resolution establishing the appropriations limit of $3,489,694,774 for FY2017-2018, pursuant to California Constitution, Article XIII B. (Controller) (Fiscal Impact) Resolution No. 152-18 ADOPTED by the following vote: - Ayes: Breed, Cohen, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Stefani, Tang, Yee ### File 180283: Lease and Use Agreement - Hong Kong Airlines Limited - Estimated Rent of $740,232.68 - Pages: 10-11 - Vote 1: adoption, likely final - Action: 180283 [Lease and Use Agreement - Hong Kong Airlines Limited - Estimated Rent of $740,232.68] Resolution approving a 2011 Lease and Use Agreement between Hong Kong Airlines Limited, and the City and County of San Francisco, acting by and through its Airport Commission, with an estimated rent of $740,232.68 for exclusive use, plus joint use space rent and landing fees, for the lease term expiring on June 30, 2021, to commence following Board approval. (Airport Commission) Resolution No. 157-18 ADOPTED by the following vote: - Ayes: Breed, Cohen, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Stefani, Tang, Yee ## Extracted text ### [Page 10](https://sfbos.info/documents/514/2018-05-22-minutes#page-10) Board of Supervisors Meeting Minutes 5/22/2018 180363 [San Francisco Finance Corporation Refunding Lease Revenue Bonds (Library Projects) - Not to Exceed 26,530,000] Sponsor: Mayor Ordinance approving the issuance and sale of refunding lease revenue bonds by the City and County of San Francisco Finance Corporation (the “Corporation”), in an amount not to exceed $26,530,000, to refinance lease revenue bonds previously issued to finance various projects under the Branch Library Improvement Program, as further described herein; approving the form of a First Amendment to Facilities Lease by and between the Corporation and the City and County of San Francisco (the “City”) relating to certain real property described herein; approving the form of a First Amendment to Master Lease by and between the Corporation and the City; approving the form of a First Supplemental Trust Agreement by and between the Corporation and a trustee (including certain indemnities contained therein); approving the form of an Assignment Agreement by and between the Corporation and a trustee; authorizing the sale of the refunding lease revenue bonds by competitive or negotiated sale; approving the form of an Official Notice of Sale and a Notice of Intention to Sell the refunding lease revenue bonds; directing the publication of the Notice of Intention to Sell the refunding lease revenue bonds; approving the form of a Purchase Contract and authorizing the appointment of one or more underwriters for the refunding lease revenue bonds; approving the form of an Official Statement in preliminary and final form; approving the form of a Continuing Disclosure Certificate; authorizing the payment of costs of issuance; granting general authority to City officials to take certain actions in connection with the refunding lease revenue bonds; approving modifications to documents; and ratifying previous actions taken in connection therewith. PASSED ON FIRST READING by the following vote: Ayes: 11 - Breed, Cohen, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Stefani, Tang, Yee 180235 [California Constitution Appropriations Limit - FY2017-2018 - $3,489,694,774] Resolution establishing the appropriations limit of $3,489,694,774 for FY2017-2018, pursuant to California Constitution, Article XIII B. (Controller) (Fiscal Impact) Resolution No. 152-18 ADOPTED by the following vote: Ayes: 11 - Breed, Cohen, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Stefani, Tang, Yee President Breed requested File Nos. 180283 and 180378 be called together. 180283 [Lease and Use Agreement - Hong Kong Airlines Limited - Estimated Rent of $740,232.68] Resolution approving a 2011 Lease and Use Agreement between Hong Kong Airlines Limited, and the City and County of San Francisco, acting by and through its Airport Commission, with an estimated rent of $740,232.68 for exclusive use, plus joint use space rent and landing fees, for the lease term expiring on June 30, 2021, to commence following Board approval. (Airport Commission) Resolution No. 157-18 ADOPTED by the following vote: Ayes: 11 - Breed, Cohen, Fewer, Kim, Peskin, Ronen, Safai, Sheehy, Stefani, Tang, Yee City and County of San Francisco Page 391 Printed at 2:45 pm on 6/20/18