# Board of Supervisors Minutes: October 22, 2019 - Meeting date: 2019-10-22 - Document type: minutes - Source format: PDF - Extracted pages: 26 - [Canonical HTML transcript](https://sfbos.info/documents/624/2019-10-22-minutes) - [Authoritative City source](https://sfgov.legistar.com/View.ashx?M=M&ID=727126&GUID=ED4A9262-2004-421E-AB5C-AEC9FEA3B882) > This text was extracted for search and accessibility. The linked City source is the authoritative public record. ## Structured legislative records ### File 190979: Multifamily Housing Revenue Notes - 242 Hahn Street (Sunnydale Block 6) - Not to Exceed $106,680,000 - Pages: 8-9 - Sponsors: Mayor; Walton - Vote 1: adoption, likely final - Action: mily housing revenue note (taxable) in an aggregate principal amount not to exceed $30,000,000 for the purpose of providing financing for the construction of a 167-unit multifamily rental housing project located at 242 Hahn Street (Sunnydale Block 6); approving the form of and authorizing the execution of funding loan agreement providing the terms and conditions of the loans from the funding lender to the City and the execution and delivery of the notes; approving the form of and authorizing the execution of a project loan agreement providing the terms and conditions of the loans from the City to the borrower; approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; 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 back-to-back loans, the notes 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, as defined herein. Resolution No. 456-19 ADOPTED by the following vote: - Ayes: Brown, Fewer, Haney, Mandelman, Mar, Peskin, Ronen, Safai, Stefani, Walton, Yee ### File 190980: Loan Agreement - Block 6 Housing Partnership, L.P. - Sunnydale HOPE SF Block 6 - Not To Exceed $18,647,014 - Pages: 9 - Sponsors: Mayor; Walton - Vote 1: amendment - Action: 980 [Loan Agreement - Block 6 Housing Partnership, L.P. - Sunnydale HOPE SF Block 6 - Not To Exceed $18,647,014] Sponsors: Mayor; Walton Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community Development to execute an Amended and Restated Loan Agreement with Block 6 Housing Partners, L.P., a California limited partnership, for a total loan amount not to exceed $18,647,014 to finance the construction of a 167-unit multifamily rental housing development for low-income households, which will be known as Sunnydale HOPE SF Block 6; and adopting findings that the loan agreement is consistent with the adopted Mitigation Monitoring and Reporting Program under the California Environmental Quality Act, the General Plan, and the eight priority policies of Planning Code, Section 101.1. (Fiscal Impact) Supervisor Walton, seconded by Supervisor Ronen, moved that this Resolution be AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLE, by changing ‘Block 6 Housing Partners, L.P.’ to ‘Block 6 Housing Partnership, L.P.’ throughout the legislation; and on Page 5, Line 7, by changing ‘thirty (30)’ to ‘forty five (45)’. The motion carried by the following vote: - Ayes: Brown, Fewer, Haney, Mandelman, Mar, Peskin, Ronen, Safai, Stefani, Walton, Yee - Vote 2: adoption, likely final - Action: Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community Development to execute an Amended and Restated Loan Agreement with Block 6 Housing Partnership, L.P., a California limited partnership, for a total loan amount not to exceed $18,647,014 to finance the construction of a 167-unit multifamily rental housing development for low-income households, which will be known as Sunnydale HOPE SF Block 6; and adopting findings that the loan agreement is consistent with the adopted Mitigation Monitoring and Reporting Program under the California Environmental Quality Act, the General Plan, and the eight priority policies of Planning Code, Section 101.1. (Fiscal Impact) Resolution No. 457-19 ADOPTED AS AMENDED by the following vote: - Ayes: Brown, Fewer, Haney, Mandelman, Mar, Peskin, Ronen, Safai, Stefani, Walton, Yee ### File 190987: Accept and Expend Grant - Retroactive - Every Kid Counts College Savings Program - Office of Financial Empowerment Kindergarten to College Program - $926,892 - Pages: 9-10 - Sponsors: Walton - Vote 1: adoption, likely final - Action: 190987 [Accept and Expend Grant - Retroactive - Every Kid Counts College Savings Program - Office of Financial Empowerment Kindergarten to College Program - $926,892] Sponsor: Walton Resolution retroactively authorizing the Office of the Treasurer & Tax Collector to accept and expend a grant in the amount of $926,892 from the California Student Aid Commission Every Kid Counts College Savings Program for the Office of Financial Empowerment Kindergarten to College Program for conducting outreach to families and provide incentives for families to contribute to college savings accounts for the period of May 1, 2019, through June 30, 2021. (Treasurer-Tax Collector) Resolution No. 458-19 ADOPTED by the following vote: - Ayes: Brown, Fewer, Haney, Mandelman, Mar, Peskin, Ronen, Safai, Stefani, Walton, Yee ## Extracted text ### [Page 9](https://sfbos.info/documents/624/2019-10-22-minutes#page-9) Board of Supervisors Meeting Minutes 10/22/2019 190980 [Loan Agreement - Block 6 Housing Partnership, L.P. - Sunnydale HOPE SF Block 6 - Not To Exceed $18,647,014] Sponsors: Mayor; Walton Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community Development to execute an Amended and Restated Loan Agreement with Block 6 Housing Partners, L.P., a California limited partnership, for a total loan amount not to exceed $18,647,014 to finance the construction of a 167-unit multifamily rental housing development for low-income households, which will be known as Sunnydale HOPE SF Block 6; and adopting findings that the loan agreement is consistent with the adopted Mitigation Monitoring and Reporting Program under the California Environmental Quality Act, the General Plan, and the eight priority policies of Planning Code, Section 101.1. (Fiscal Impact) Supervisor Walton, seconded by Supervisor Ronen, moved that this Resolution be AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLE, by changing ‘Block 6 Housing Partners, L.P.’ to ‘Block 6 Housing Partnership, L.P.’ throughout the legislation; and on Page 5, Line 7, by changing ‘thirty (30)’ to ‘forty five (45)’. The motion carried by the following vote: Ayes: 11 - Brown, Fewer, Haney, Mandelman, Mar, Peskin, Ronen, Safai, Stefani, Walton, Yee Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community Development to execute an Amended and Restated Loan Agreement with Block 6 Housing Partnership, L.P., a California limited partnership, for a total loan amount not to exceed $18,647,014 to finance the construction of a 167-unit multifamily rental housing development for low-income households, which will be known as Sunnydale HOPE SF Block 6; and adopting findings that the loan agreement is consistent with the adopted Mitigation Monitoring and Reporting Program under the California Environmental Quality Act, the General Plan, and the eight priority policies of Planning Code, Section 101.1. (Fiscal Impact) Resolution No. 457-19 ADOPTED AS AMENDED by the following vote: Ayes: 11 - Brown, Fewer, Haney, Mandelman, Mar, Peskin, Ronen, Safai, Stefani, Walton, Yee 190987 [Accept and Expend Grant - Retroactive - Every Kid Counts College Savings Program - Office of Financial Empowerment Kindergarten to College Program - $926,892] Sponsor: Walton Resolution retroactively authorizing the Office of the Treasurer & Tax Collector to accept and expend a grant in the amount of $926,892 from the California Student Aid Commission Every Kid Counts College Savings Program for the Office of Financial Empowerment Kindergarten to College Program for conducting outreach to families and provide incentives for families to contribute to college savings accounts for the period of May 1, 2019, through June 30, 2021. (Treasurer-Tax Collector) Resolution No. 458-19 ADOPTED by the following vote: Ayes: 11 - Brown, Fewer, Haney, Mandelman, Mar, Peskin, Ronen, Safai, Stefani, Walton, Yee City and County of San Francisco Page 872 Printed at 12:20 pm on 12/2/19