# Board of Supervisors Minutes: December 14, 2021 - Meeting date: 2021-12-14 - Document type: minutes - Source format: PDF - Extracted pages: 34 - [Canonical HTML transcript](https://sfbos.info/documents/812/2021-12-14-minutes) - [Authoritative City source](https://sfgov.legistar.com/View.ashx?M=M&ID=914226&GUID=3E6E4960-F5DA-44E1-B425-3B9EC23A44AC) > This text was extracted for search and accessibility. The linked City source is the authoritative public record. ## Structured legislative records ### File 211153: Multifamily Housing Revenue Bonds - 4200 Geary Boulevard - Not to Exceed $58,009,000 - Pages: 14-15 - Sponsors: Mayor; Chan - Vote 1: adoption, likely final - Action: to exceed $58,009,000 in one or more series of bonds on a tax-exempt or taxable basis; 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 $58,009,000 for 4200 Geary Boulevard (San Francisco, California 94118); 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, as defined herein; and ratifying and approving any action heretofore taken in connection with the Project, as defined herein, and the Application, as defined herein. Resolution No. 567-21 ADOPTED by the following vote: - Ayes: Chan, Haney, Mandelman, Mar, Melgar, Peskin, Preston, Ronen, Safai, Stefani, Walton ### File 211204: Purchase of Real Property - Georgios Markoulakis and Crisula Markoulakis, as Trustees of the Markoulakis Family Trust, Dated November 6, 2008 - 822 Geary Street and 629 Hyde Street - $6,320,000 - Pages: 15 - Sponsors: Mayor; Haney, Mandelman and Ronen - Vote 1: amendment - Action: ct) Supervisor Ronen requested to be added as a co-sponsor. Supervisor Haney, seconded by Supervisor Mandelman, moved that this Resolution be AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLE, on Page 4, Lines 9-19 by adding ‘FURTHER RESOLVED, That approval of the Purchase Agreement shall not be construed as approval of any specific use or project on the Property; the City will conduct environmental review of specific uses and/or project, following further design development and study under CEQA, and will retain absolute discretion to: (1) modify potential future projects to mitigate significant adverse environmental impacts, (2) select feasible alternatives which avoid significant adverse impacts, (3) require the implementation of specific measures to mitigate the significant adverse environmental impacts, (4) reject proposed projects if the economic and social benefits of said project do not outweigh otherwise unavoidable significant adverse impacts of the project, or (5) approve future projects upon a finding that the economic and social benefits of said project outweigh otherwise unavoidable significant adverse impacts; and, be it’. The motion carried by the following vote: - Ayes: Chan, Haney, Mandelman, Mar, Melgar, Preston, Ronen, Safai, Stefani, Walton - Noes: Peskin - Vote 2: adoption, likely final - Action: (Fiscal Impact) Resolution No. 557-21 ADOPTED AS AMENDED by the following vote: - Ayes: Chan, Haney, Mandelman, Mar, Melgar, Preston, Ronen, Safai, Stefani, Walton - Noes: Peskin ### File 211205: Authorizing Expenditures - SoMa Community Stabilization Fund - Destabilization Impacts - $1,025,000 - Pages: 15-16 - Sponsors: Mayor; Haney - Vote 1: adoption, likely final - Action: 211205 [Authorizing Expenditures - SoMa Community Stabilization Fund - Destabilization Impacts - $1,025,000] Sponsors: Mayor; Haney Resolution authorizing the Mayor’s Office of Housing and Community Development to expend South of Market (SoMa) Community Stabilization Fund dollars in the amount of $1,025,000 to address various impacts of destabilization on residents and businesses in SoMa from January 1, 2022, through December 31, 2022. (Mayor’s Office of Housing and Community Development) (Fiscal Impact) Resolution No. 569-21 ADOPTED by the following vote: - Ayes: Chan, Haney, Mandelman, Mar, Melgar, Peskin, Preston, Ronen, Safai, Stefani, Walton ## Extracted text ### [Page 15](https://sfbos.info/documents/812/2021-12-14-minutes#page-15) Board of Supervisors Meeting Minutes 12/14/2021 211204 [Purchase of Real Property - Georgios Markoulakis and Crisula Markoulakis, as Trustees of the Markoulakis Family Trust, Dated November 6, 2008 - 822 Geary Street and 629 Hyde Street - $6,320,000] Sponsors: Mayor; Haney, Mandelman and Ronen Resolution 1) approving and authorizing the Director of Property to acquire certain real property located at 822 Geary Street and 629 Hyde Street (“Property”); 2) approving and authorizing an Agreement of Purchase and Sale for Real Estate for the acquisition of the Property, for the purchase price of $6,300,000 plus an estimated $20,000 for typical closing costs, for a total amount of $6,320,000 from Georgios Markoulakis and Crisula Markoulakis, as Trustees of the Markoulakis Family Trust, Dated November 6, 2008 (“Purchase Agreement”); 3) authorizing the Director of Property to execute the Purchase Agreement, make certain modifications, and take certain actions in furtherance of this Resolution and the Purchase Agreement, as defined herein; 4) affirming the Planning Department’s determination under the California Environmental Quality Act; 5) adopting the Planning Department’s findings that the Purchase Agreement, and the transaction contemplated therein, is consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; and 6) requesting the Director of Health to make certain subsequent reports to the Board of Supervisors relating to the Property, as defined herein. (Fiscal Impact) Supervisor Ronen requested to be added as a co-sponsor. Supervisor Haney, seconded by Supervisor Mandelman, moved that this Resolution be AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLE, on Page 4, Lines 9-19 by adding ‘FURTHER RESOLVED, That approval of the Purchase Agreement shall not be construed as approval of any specific use or project on the Property; the City will conduct environmental review of specific uses and/or project, following further design development and study under CEQA, and will retain absolute discretion to: (1) modify potential future projects to mitigate significant adverse environmental impacts, (2) select feasible alternatives which avoid significant adverse impacts, (3) require the implementation of specific measures to mitigate the significant adverse environmental impacts, (4) reject proposed projects if the economic and social benefits of said project do not outweigh otherwise unavoidable significant adverse impacts of the project, or (5) approve future projects upon a finding that the economic and social benefits of said project outweigh otherwise unavoidable significant adverse impacts; and, be it’. The motion carried by the following vote: Ayes: 10 - Chan, Haney, Mandelman, Mar, Melgar, Preston, Ronen, Safai, Stefani, Walton Noes: 1 - Peskin (Fiscal Impact) Resolution No. 557-21 ADOPTED AS AMENDED by the following vote: Ayes: 10 - Chan, Haney, Mandelman, Mar, Melgar, Preston, Ronen, Safai, Stefani, Walton Noes: 1 - Peskin 211205 [Authorizing Expenditures - SoMa Community Stabilization Fund - Destabilization Impacts - $1,025,000] Sponsors: Mayor; Haney Resolution authorizing the Mayor’s Office of Housing and Community Development to expend South of Market (SoMa) Community Stabilization Fund dollars in the amount of $1,025,000 to address various impacts of destabilization on residents and businesses in SoMa from January 1, 2022, through December 31, 2022. (Mayor’s Office of Housing and Community Development) (Fiscal Impact) Resolution No. 569-21 ADOPTED by the following vote: Ayes: 11 - Chan, Haney, Mandelman, Mar, Melgar, Peskin, Preston, Ronen, Safai, Stefani, Walton City and County of San Francisco Page 996 Printed at 9:31 pm on 1/10/22