The resolution approves the purchase of two properties at 822 Geary Street and 629 Hyde Street for $6.32 million, including closing costs. It also authorizes the Director of Property to finalize the purchase and ensures compliance with environmental and planning regulations.
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.
How it got here
This legislation originated from the need to establish behavioral health programs in San Francisco, prompted by the Mental Health SF initiative.
The Board passed an ordinance amending the Administrative Code to establish Mental Health SF, aimed at providing access to mental health services for vulnerable populations.
Mayor Breed introduced legislation to acquire properties at 822 Geary Street and 629 Hyde Street for behavioral health programs.
The Planning Department referred the legislation for environmental review, determining it was not a project under CEQA guidelines.
The Planning Department found that the acquisition of the properties was consistent with the General Plan and the eight priority policies of the Planning Code.
The Budget and Finance Committee reviewed and recommended the resolution to acquire the properties, amending it to include additional reporting requirements.
The Board adopted the resolution authorizing the acquisition of the properties for $6,320,000 to establish behavioral health programs.
Mayor Breed approved the resolution, allowing the acquisition to proceed.
Reconstructed from attached documents & the official record
