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Jun 13, 2016
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item 24 resolution two authorize the execution of forms an option to ground lease a parcel located at 2070 fulsome st. for no cost. item 25 is a resolution in amount not to exceed $249 for 1601 and 1677 mariposa st. 35-497 carolina st., 395 and 420 wisconsin st. and 210 arkansas street. burn aggregate principal amount not to exceed $240 million and 26, a resolution in amount not to exceed two and $22 million for 909 and 921 howard st. 206-2 25th st. and 414 and thomas st. resolution declaring the intent of the city to reimburse certain expenditures from proceeds of future bonded this indebtedness >> president breed: thank you. supervisor campos >> supervisor campos: just a clarification for the record, i think the clerk said that item --item 13 is that item 23? i just want make a clarification. >> president breed: thank you. are we clear mdm. clerk speak with >> clerk: yes >> president breed: with that colleagues, can we take these items same house, same call queen? without objection the resolutions are adopted unanimously >>[gavel] >> president breed: mdm. clerk please call and 27 >>
item 24 resolution two authorize the execution of forms an option to ground lease a parcel located at 2070 fulsome st. for no cost. item 25 is a resolution in amount not to exceed $249 for 1601 and 1677 mariposa st. 35-497 carolina st., 395 and 420 wisconsin st. and 210 arkansas street. burn aggregate principal amount not to exceed $240 million and 26, a resolution in amount not to exceed two and $22 million for 909 and 921 howard st. 206-2 25th st. and 414 and thomas st. resolution declaring...
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Jun 10, 2016
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item 24 resolution two authorize the execution of forms an option to ground lease a parcel located at 2070 fulsome st. for no cost. item 25 is a resolution in amount not to exceed $249 for 1601 and 1677 mariposa st. 35-497 carolina st., 395 and 420 wisconsin st. and 210 arkansas street. burn aggregate principal amount not to exceed $240 million and 26, a resolution in amount not to exceed two and $22 million for 909 and 921 howard st. 206-2 25th st. and 414 and thomas st. resolution declaring the intent of the city to reimburse certain expenditures from proceeds of future bonded this indebtedness >> president breed: thank you. supervisor campos >> supervisor campos: just a clarification for the record, i think the clerk said that item --item 13 is that item 23? i just want make a clarification. >> president breed: thank you. are we clear mdm. clerk speak with >> clerk: yes >> president breed: with that colleagues, can we take these items same house, same call queen? without objection the resolutions are adopted unanimously >>[gavel] >> president breed: mdm. clerk please call and 27 >>
item 24 resolution two authorize the execution of forms an option to ground lease a parcel located at 2070 fulsome st. for no cost. item 25 is a resolution in amount not to exceed $249 for 1601 and 1677 mariposa st. 35-497 carolina st., 395 and 420 wisconsin st. and 210 arkansas street. burn aggregate principal amount not to exceed $240 million and 26, a resolution in amount not to exceed two and $22 million for 909 and 921 howard st. 206-2 25th st. and 414 and thomas st. resolution declaring...
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Jun 15, 2016
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authorizing the execution and performance of an option to ground lease in connection with the parcels located at 1101 connecticut street (assessor's parcel block no. 4287, lot no. 007) ("parcel one") and connecticut street and 25th street (assessor's parcel block no. 4287, no. lot 001a) ("parcel two" and together with parcel one, "the property") for no cost, which expires on june 30, 2017, with an extension option of six months until december 31, 2017, between the city and county of san francisco and potrero housing associates i, l.p., a california limited partnership; adopting findings that the conveyance is consistent with the general plan, and the eight priority policies of planning code, section 101.1; and authorizing and directing the execution of any documents necessary to implement this resolution, as defined herein. >>roll call vote please. >>[roll call vote] >>there are 11 >>the resolution is adopted unanimously. okay mme. clerk let's go to item number 33. >>item 33 is ayeeresolution retroactively authorizing the san francisco children and families commission to accept and expend an
authorizing the execution and performance of an option to ground lease in connection with the parcels located at 1101 connecticut street (assessor's parcel block no. 4287, lot no. 007) ("parcel one") and connecticut street and 25th street (assessor's parcel block no. 4287, no. lot 001a) ("parcel two" and together with parcel one, "the property") for no cost, which expires on june 30, 2017, with an extension option of six months until december 31, 2017, between the...
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Jun 19, 2016
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authorizing the execution and performance of an option to ground lease in connection with the parcels located at 1101 connecticut street (assessor's parcel block no. 4287, lot no. 007) ("parcel one") and connecticut street and 25th street (assessor's parcel block no. 4287, no. lot 001a) ("parcel two" and together with parcel one, "the property") for no cost, which expires on june 30, 2017, with an extension option of six months until december 31, 2017, between the city and county of san francisco and potrero housing associates i, l.p., a california limited partnership; adopting findings that the conveyance is consistent with the general plan, and the eight priority policies of planning code, section 101.1; and authorizing and directing the execution of any documents necessary to implement this resolution, as defined herein. >>roll call vote please. >>[roll call vote] >>there are 11 ayes. >>the resolution is adopted unanimously. okay mme. clerk let's go to item number 33. >>item 33 is ayeeresolution retroactively authorizing the san francisco children and families commission to accept and expe
authorizing the execution and performance of an option to ground lease in connection with the parcels located at 1101 connecticut street (assessor's parcel block no. 4287, lot no. 007) ("parcel one") and connecticut street and 25th street (assessor's parcel block no. 4287, no. lot 001a) ("parcel two" and together with parcel one, "the property") for no cost, which expires on june 30, 2017, with an extension option of six months until december 31, 2017, between the...
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Jun 7, 2016
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item 24 resolution two authorize the execution of forms an option to ground lease a parcel located at 2070 fulsome st. for no cost. item 25 is a resolution in amount not to exceed $249 for 1601 and 1677 mariposa st. 35-497 carolina st., 395 and 420 wisconsin st. and 210 arkansas street. burn aggregate principal amount not to exceed $240 million and 26, a resolution in amount not to exceed two and $22 million for 909 and 921 howard st. 206-2 25th st. and 414 and thomas st. resolution declaring the intent of the city to reimburse certain expenditures from proceeds of future bonded this indebtedness >> president breed: thank you. supervisor campos >> supervisor campos: just a clarification for the record, i think the clerk said that item --item 13 is that item 23? i just want make a clarification. >> president breed: thank you. are we clear mdm. clerk speak with >> clerk: yes >> president breed: with that colleagues, can we take these items same house, same call queen? without objection the resolutions are adopted unanimously >>[gavel] >> president breed: mdm. clerk please call and 27 >>
item 24 resolution two authorize the execution of forms an option to ground lease a parcel located at 2070 fulsome st. for no cost. item 25 is a resolution in amount not to exceed $249 for 1601 and 1677 mariposa st. 35-497 carolina st., 395 and 420 wisconsin st. and 210 arkansas street. burn aggregate principal amount not to exceed $240 million and 26, a resolution in amount not to exceed two and $22 million for 909 and 921 howard st. 206-2 25th st. and 414 and thomas st. resolution declaring...
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Jun 13, 2016
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authorizing the execution and performance of a option to ground lease in connection with two adjacent parcels. located at 25th and connecticut street. these will merge the two parcels do great one 30,000 square-foot lot and lisa went to bridge housing who will construct a 72 unit portable housing building known as block text which is part of the potrero hope as a revitalization plan. the site is currently vacant and will require adobe location in order to start construction. the project is anticipated to have 75% of the units available for the location of households at the first demolition phase of the broader potrero hope sf project number which allows the master plan phasing to achieve minimal aussie relocation. two key terms to the option to ground lease of the term and the lease and rental payment to the city and are consistent with most of the common practice in affordable housing transactions. the term of the ground lease is for 75 years with extension option for 24 years ensuring 99 years of affordable housing for households making no more than 60% ami at the site. the city will receive an annu
authorizing the execution and performance of a option to ground lease in connection with two adjacent parcels. located at 25th and connecticut street. these will merge the two parcels do great one 30,000 square-foot lot and lisa went to bridge housing who will construct a 72 unit portable housing building known as block text which is part of the potrero hope as a revitalization plan. the site is currently vacant and will require adobe location in order to start construction. the project is...
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Jun 15, 2016
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authorizing the execution and performance of a option to ground lease in connection with two adjacent parcels. located at 25th and connecticut street. these will merge the two parcels do great one 30,000 square-foot lot and lisa went to bridge housing who will construct a 72 unit portable housing building known as block text which is part of the potrero hope as a revitalization plan. the site is currently vacant and will require adobe location in order to start construction. the project is anticipated to have 75% of the units available for the location of households at the first demolition phase of the broader potrero hope sf project number which allows the master plan phasing to achieve minimal aussie relocation. two key terms to the option to ground lease of the term and the lease and rental payment to the city and are consistent with most of the common practice in affordable housing transactions. the term of the ground lease is for 75 years with extension option for 24 years ensuring 99 years of affordable housing for households making no more than 60% ami at the site. the city will receive an annu
authorizing the execution and performance of a option to ground lease in connection with two adjacent parcels. located at 25th and connecticut street. these will merge the two parcels do great one 30,000 square-foot lot and lisa went to bridge housing who will construct a 72 unit portable housing building known as block text which is part of the potrero hope as a revitalization plan. the site is currently vacant and will require adobe location in order to start construction. the project is...
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Jun 3, 2016
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real property transfer tax under business and tax regulation code section 1 15.1 c to assessorez parcel located at 561 sutter street. >> colleagues, today as committee of the whole is being conducted to consider objections to a report of delinquent real property transfer tax under the business and tax regulation code and directing transmission of said report to the controller and tax collector for collection and deposit into the general fund. so let's this hearing begin. [ gavel ] before we hear from the departments, supervisor tang do you have any comments? >> thank you, i just wanted to turn this over to edward mccaffrey from the assessor's board. >> i'm joined by our deputy over operation, as well as our deputy city attorney, who is sitting next to mr. givner. i wanted to take a moment to thank supervisor katy tang and supervisor aaron peskin. the item before you would confirm or office's report and impose liens for total unpaid transfer tax penalties and interest owed to the city and county of san francisco. those two properties are 562 sutter street, assessor parcel 0284-010 and 55 magnum
real property transfer tax under business and tax regulation code section 1 15.1 c to assessorez parcel located at 561 sutter street. >> colleagues, today as committee of the whole is being conducted to consider objections to a report of delinquent real property transfer tax under the business and tax regulation code and directing transmission of said report to the controller and tax collector for collection and deposit into the general fund. so let's this hearing begin. [ gavel ] before...
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Jun 1, 2016
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real property transfer tax under business and tax regulation code section 1 15.1 c to assessorez parcel locatedt 561 sutter street. >> colleagues, today as committee of the whole is being conducted to consider objections to a report of delinquent real property transfer tax under the business and tax regulation code and directing transmission of said report to the controller and tax collector for collection and deposit into the general fund. so let's this hearing begin. [ gavel ] before we hear from the departments, supervisor tang do you have any comments? >> thank you, i just wanted to turn this over to edward mccaffrey from the assessor's board. >> i'm joined by our deputy over operation, as well as our deputy city attorney, who is sitting next to mr. givner. i wanted to take a moment to thank supervisor katy tang and supervisor aaron peskin. the item before you would confirm or office's report and impose liens for total unpaid transfer tax penalties and interest owed to the city and county of san francisco. those two properties are 562 sutter street, assessor parcel 0284-010 and 55 magnum st
real property transfer tax under business and tax regulation code section 1 15.1 c to assessorez parcel locatedt 561 sutter street. >> colleagues, today as committee of the whole is being conducted to consider objections to a report of delinquent real property transfer tax under the business and tax regulation code and directing transmission of said report to the controller and tax collector for collection and deposit into the general fund. so let's this hearing begin. [ gavel ] before we...
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Jun 8, 2016
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authorizing the execution and performance of a option to ground lease in connection with two adjacent parcels. located at 25th and connecticut street. these will merge the two parcels do great one 30,000 square-foot lot and lisa went to bridge housing who will construct a 72 unit portable housing building known as block text which is part of the potrero hope as a revitalization plan. the site is currently vacant and will require adobe location in order to start construction. the project is anticipated to have 75% of the units available for the location of households at the first demolition phase of the broader potrero hope sf project number which allows the master plan phasing to achieve minimal aussie relocation. two key terms to the option to ground lease of the term and the lease and rental payment to the city and are consistent with most of the common practice in affordable housing transactions. the term of the ground lease is for 75 years with extension option for 24 years ensuring 99 years of affordable housing for households making no more than 60% ami at the site. the city will receive an annu
authorizing the execution and performance of a option to ground lease in connection with two adjacent parcels. located at 25th and connecticut street. these will merge the two parcels do great one 30,000 square-foot lot and lisa went to bridge housing who will construct a 72 unit portable housing building known as block text which is part of the potrero hope as a revitalization plan. the site is currently vacant and will require adobe location in order to start construction. the project is...
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Jun 26, 2016
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requirement under the section the parcel containing the mcd can't be one one thousand feet of a school are communities facility and recreation facility and not located on the same parcel providing substance abuse that certified by the state of california and no alcohol on the premises for on or outside consumption and adequate ventilation and under the requirement of the health code in this permit regulates the land use a permitting process that regulations the operator of the property and so this is to an entitled property to allow the medical cannabis dispensaries they'll have to meet all the requirements of department of health so in reviewing in the letter of determination the parcel is eligible they'll go through the discretionary review process a marnd here like other uses we send out a neighborhood use and in this case we have a public hearing noted people they can cockamamy other hearing of last year staff recommended that we the commission take discretionary review in order to prose the conditions and that's the standard for review of the medical cannabis dispensaries because to order the condition to permit the project i think there was in
requirement under the section the parcel containing the mcd can't be one one thousand feet of a school are communities facility and recreation facility and not located on the same parcel providing substance abuse that certified by the state of california and no alcohol on the premises for on or outside consumption and adequate ventilation and under the requirement of the health code in this permit regulates the land use a permitting process that regulations the operator of the property and so...
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Jun 2, 2016
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. >> the parcel that sonia is talking about is located a mile and a half from the bart station.so for those people who are least able to afford a car, this would be the worst place for them to live. but still sonia has filed that lawsuit. >> reporter: lafayette city manager steven falk points out that more than 500 apartments and townhouses are being built, many of them within half a mile, walking distance, from public transportation. >> i think it's an unfair criticism to say that lafayette is not doing its fair share. >> reporter: her belief is, by in any way restricting development so that more units are not thrown into the market, you are by default contributing to prices raising. you don't believe that's the case? >> coming out of that so called great recession, there were thousands of homes in my county, not hundreds, thousands of homes, that could not find a renter or a buyer. are we willing to despoil our natural and wild places for what we know is a temporary economic phenomenon? i think the answer should be no. >> this will be a tract development, right up to the road.
. >> the parcel that sonia is talking about is located a mile and a half from the bart station.so for those people who are least able to afford a car, this would be the worst place for them to live. but still sonia has filed that lawsuit. >> reporter: lafayette city manager steven falk points out that more than 500 apartments and townhouses are being built, many of them within half a mile, walking distance, from public transportation. >> i think it's an unfair criticism to say...
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Jun 25, 2016
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estate developer working on parcels h j v and t i'm imitating familiar with the market octavia plan, the neighborhoods dynamics and building mixed use projects in fill locationscels m and n are difficult sites to develop, however, envelope has embraced the challenge to propose to thoughtfully designed new projects in the spirits of market octavia plan the projects containing a mix of 40 percent two bedrooms, zero parking both designs and active ground floor sites and inclusionary housing parcels m and n are wonderful works of by design the 16 foot wide parcels result in small and efficient residential spaces allowing for monthly lower costs and the construction costs are reduced requiring the revenue to make the projects work financially and work with the market octavia and transit first goals m and n are the types of projects we need to embrace over the last several years our neighborhoods have seen crime and encampments the lots are littered with needles and we struggle with theft and property damage their activates go empty lots and better connect the hayes streets. >> thank you, sir, your time is up. >> hello commissioners commissioner president fong i'm
estate developer working on parcels h j v and t i'm imitating familiar with the market octavia plan, the neighborhoods dynamics and building mixed use projects in fill locationscels m and n are difficult sites to develop, however, envelope has embraced the challenge to propose to thoughtfully designed new projects in the spirits of market octavia plan the projects containing a mix of 40 percent two bedrooms, zero parking both designs and active ground floor sites and inclusionary housing...
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Jun 7, 2016
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ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel o in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension option for additional 24 years annual rent of 10 percent of fair market value determined by a third party appraisal with annual base rent payments structured as $15 thousand annually and the balance payable to the extent proceeds a available from project cash flows. approval of both resolutions is required for the [inaudible] bond application [inaudible] june 14, it is important to note the baunz are financing obligations which don't require the city to place any money to repay the bond. briefly, the project will be located at 455 fell as i mentioned earlier. will be a new 100 percent affordal rental housing development in san
ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel o in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension...
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Jun 15, 2016
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ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel o in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension option for additional 24 years annual rent of 10 percent of fair market value determined by a third party appraisal with annual base rent payments structured as $15 thousand annually and the balance payable to the extent proceeds a available from project cash flows. approval of both resolutions is required for the [inaudible] bond application [inaudible] june 14, it is important to note the baunz are financing obligations which don't require the city to place any money to repay the bond. briefly, the project will be located at 455 fell as i mentioned earlier. will be a new 100 percent affordal rental housing development in san
ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel o in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension...
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Jun 26, 2016
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this particular site located at the southernmost portion currently it is zoned 40 feet at the overall ambition for potrero would have that 50 feet. these particular two parcels are currently zoned i'm a one of them is owned key. it's owned by the school district. the other one our our-two. this legislation would simply put the underlying zoning to be consistent with the rest of the project. similarly, with a height currently zoned 40 feet. which is looking to rezone it as 50 feet. the diagram that i just showed it newly consistent with what were envisioning for all os of protracted supervisors, this concludes my presentation will be happy to answer questions you might have >> thank you. i appreciate the presentation mr. schneider. colleagues, no semen stain on the rosters let's go ahead and open up for public comment on this item. folks is a minor polk is 2 min. we are soft on indicating 30 seconds remaining on your time is there anyone that would like to comment on in public comment for item 1? seeing none, public comment public comment is closed. >>[gavel] >> thank you. i like to make a motion to move this item for two with a positive recommendation. moved
this particular site located at the southernmost portion currently it is zoned 40 feet at the overall ambition for potrero would have that 50 feet. these particular two parcels are currently zoned i'm a one of them is owned key. it's owned by the school district. the other one our our-two. this legislation would simply put the underlying zoning to be consistent with the rest of the project. similarly, with a height currently zoned 40 feet. which is looking to rezone it as 50 feet. the diagram...
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Jun 3, 2016
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ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel o in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension option for additional 24 years annual rent of 10 percent of fair market value determined by a third party appraisal with annual base rent payments structured as $15 thousand annually and the balance payable to the extent proceeds a available from project cash flows. approval of both resolutions is required for the [inaudible] bond application [inaudible] june 14, it is important to note the baunz are financing obligations which don't require the city to place any money to repay the bond. briefly, the project will be located at 455 fell as i mentioned earlier. will be a new 100 percent affordal rental housing development in san
ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel o in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension...
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Jun 13, 2016
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with the same title and it's a ordinance to dedicate city jurisdictional property located on a portion of state trust parcel to commonly known as mission bay park p-six as open space public right-of-way and naming the new part mission bay kids part accepting an irrevocable offer the acquisition facilities that comprise the park improvements the main site facilities for public open space and park purposes except in the park for maintenance and liability purposes subject to specified limitations adopting the sql findings and making other appropriate finance. >> president breed: rollcall vote the clerk on item 33 >> president breed: excuse me. supervisor kim speak >> supervisor kim: i want to emphasize the point of this expedited legislative we have a children's playground built by our master developer in mission bay and due to several different hurdles and agency bureaucracy, we've not been able to open this part. i do want to knowledge many residents who've seen this playground and been incredibly frustrated by seeing a resource they can use, given the growing population here in this mission bay and the whic
with the same title and it's a ordinance to dedicate city jurisdictional property located on a portion of state trust parcel to commonly known as mission bay park p-six as open space public right-of-way and naming the new part mission bay kids part accepting an irrevocable offer the acquisition facilities that comprise the park improvements the main site facilities for public open space and park purposes except in the park for maintenance and liability purposes subject to specified limitations...
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Jun 1, 2016
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ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension option for additional 24 years annual rent of 10 percent of fair market value determined by a third party appraisal with annual base rent payments structured as $15 thousand annually and the balance payable to the extent proceeds a available from project cash flows. approval of both resolutions is required for the [inaudible] bond application [inaudible] june 14, it is important to note the baunz are financing obligations which don't require the city to place any money to repay the bond. briefly, the project will be located at 455 fell as i mentioned earlier. will be a new 100 percent affordal rental housing development in san f
ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension...
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Jun 1, 2016
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ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel o in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension option for additional 24 years annual rent of 10 percent of fair market value determined by a third party appraisal with annual base rent payments structured as $15 thousand annually and the balance payable to the extent proceeds a available from project cash flows. approval of both resolutions is required for the [inaudible] bond application [inaudible] june 14, it is important to note the baunz are financing obligations which don't require the city to place any money to repay the bond. briefly, the project will be located at 455 fell as i mentioned earlier. will be a new 100 percent affordal rental housing development in san
ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel o in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension...
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Jun 21, 2016
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ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel o in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension option for additional 24 years annual rent of 10 percent of fair market value determined by a third party appraisal with annual base rent payments structured as $15 thousand annually and the balance payable to the extent proceeds a available from project cash flows. approval of both resolutions is required for the [inaudible] bond application [inaudible] june 14, it is important to note the baunz are financing obligations which don't require the city to place any money to repay the bond. briefly, the project will be located at 455 fell as i mentioned earlier. will be a new 100 percent affordal rental housing development in san
ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel o in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension...
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42
Jun 2, 2016
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ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel o in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension option for additional 24 years annual rent of 10 percent of fair market value determined by a third party appraisal with annual base rent payments structured as $15 thousand annually and the balance payable to the extent proceeds a available from project cash flows. approval of both resolutions is required for the [inaudible] bond application [inaudible] june 14, it is important to note the baunz are financing obligations which don't require the city to place any money to repay the bond. briefly, the project will be located at 455 fell as i mentioned earlier. will be a new 100 percent affordal rental housing development in san
ground lease for new 100 percent affordable fomly housing development located at 455 fell street also known as central freeway parcel o in hayes valley. the first resolution is bonds [inaudible] authorizing the city to submit a application for bond financing not to exceed $56 million used for construction financing. the second resolution authorizes the city to enter into ground lease where the project is built. provides the terms for ground lease that includes 75 year lease term with extension...
SFGTV: San Francisco Government Television
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Jun 21, 2016
06/16
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this particular site located at the southernmost portion currently it is zoned 40 feet at the overall ambition for potrero would have that 50 feet. these particular two parcels are currently zoned i'm a one of them is owned key. it's owned by the school district. the other one our our-two. this legislation would simply put the underlying zoning to be consistent with the rest of the project. similarly, with a height currently zoned 40 feet. which is looking to rezone it as 50 feet. the diagram that i just showed it newly consistent with what were envisioning for all os of protracted supervisors, this concludes my presentation will be happy to answer questions you might have >> thank you. i appreciate the presentation mr. schneider. colleagues, no semen stain on the rosters let's go ahead and open up for public comment on this item. folks is a minor polk is 2 min. we are soft on indicating 30 seconds remaining on your time is there anyone that would like to comment on in public comment for item 1? seeing none, public comment public comment is closed. >>[gavel] >> thank you. i like to make a motion to move this item for two with a positive recommendation. moved
this particular site located at the southernmost portion currently it is zoned 40 feet at the overall ambition for potrero would have that 50 feet. these particular two parcels are currently zoned i'm a one of them is owned key. it's owned by the school district. the other one our our-two. this legislation would simply put the underlying zoning to be consistent with the rest of the project. similarly, with a height currently zoned 40 feet. which is looking to rezone it as 50 feet. the diagram...
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Jun 28, 2016
06/16
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in the 1940's, the united states navy in search of a location for a new base and testing ground purchased parcels of land on vieques that amounted to two-thirds of the entire island. on the eastern half of the island lay the vieques naval training range, and on the western end was the naval ammunitions support detachment, and sandwiched in between were the residents of vieques, the 10,000 united states citizens. i am proud to say that my home state of new jersey is home to military installations that are not only critical to our national defense but they are a boon to our local economies and an asset to the local economies in our state as well. puerto rico has a long and store rid history -- storied history of support for and enlistment in our armed forces. however, the naifnlstallation on vieques -- the naval installation on vieques was no ordinary base. the navy used the island, which remember is very small and them to to a vibrant community, as a bombing range, from ship-to-shore shelling, vieques was bombarded with live ammunition that left deep and lasting scars on the landscape. mr. preside
in the 1940's, the united states navy in search of a location for a new base and testing ground purchased parcels of land on vieques that amounted to two-thirds of the entire island. on the eastern half of the island lay the vieques naval training range, and on the western end was the naval ammunitions support detachment, and sandwiched in between were the residents of vieques, the 10,000 united states citizens. i am proud to say that my home state of new jersey is home to military...
SFGTV: San Francisco Government Television
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Jun 20, 2016
06/16
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this particular site located at the southernmost portion currently it is zoned 40 feet at the overall ambition for potrero would have that 50 feet. these particular two parcelsare currently zoned i'm a one of them is owned key. it's owned by the school district. the other one our our-two. this legislation would simply put the underlying zoning to be consistent with the rest of the project. similarly, with a height currently zoned 40 feet. which is looking to rezone it as 50 feet. the diagram that i just showed it newly consistent with what were envisioning for all os of protracted supervisors, this concludes my presentation will be happy to answer questions you might have >> thank you. i appreciate the presentation mr. schneider. colleagues, no semen stain on the rosters let's go ahead and open up for public comment on this item. folks is a minor polk is 2 min. we are soft on indicating 30 seconds remaining on your time is there anyone that would like to comment on in public comment for item 1? seeing none, public comment public comment is closed. >>[gavel] >> thank you. i like to make a motion to move this item for two with a positive recommendation. moved
this particular site located at the southernmost portion currently it is zoned 40 feet at the overall ambition for potrero would have that 50 feet. these particular two parcelsare currently zoned i'm a one of them is owned key. it's owned by the school district. the other one our our-two. this legislation would simply put the underlying zoning to be consistent with the rest of the project. similarly, with a height currently zoned 40 feet. which is looking to rezone it as 50 feet. the diagram...
SFGTV: San Francisco Government Television
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Jun 14, 2016
06/16
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authorizing the execution and performance of an option to ground lease in connection with the parcels located at 1101 connecticut street (assessor's parcel block no. 4287, lot no. 007) ("parcel one") and connecticut street and 25th street (assessor's parcel block no. 4287, no. lot 001a) ("parcel two" and together with parcel one, "the property") for no cost, which expires on june 30, 2017, with an extension option of six months until december 31, 2017, between the city and county of san francisco and potrero housing associates i, l.p., a california limited partnership; adopting findings that the conveyance is consistent with the general plan, and the eight priority policies of planning code, section 101.1; and authorizing and directing the execution of any documents necessary to implement this resolution, as defined herein. >>roll call vote please. >>[roll call vote] >>there are 11 ayes. >>the resolution is adopted unanimously. okay mme. clerk let's go to item number 33. >>item 33 is ayeeresolution retroactively authorizing the san francisco children and families commission to accept and expe
authorizing the execution and performance of an option to ground lease in connection with the parcels located at 1101 connecticut street (assessor's parcel block no. 4287, lot no. 007) ("parcel one") and connecticut street and 25th street (assessor's parcel block no. 4287, no. lot 001a) ("parcel two" and together with parcel one, "the property") for no cost, which expires on june 30, 2017, with an extension option of six months until december 31, 2017, between the...