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Resolution#231022Passed
In plain English

This resolution allows San Francisco to issue and sell up to $58.3 million in Special Tax Bonds to fund facilities and services in the Mission Rock area, with repayment coming from specific taxes collected in that district. It also approves related documents and agreements necessary for the bond issuance.

Resolution supplementing Resolution No. 196-20 authorizing the issuance and sale of one or more series of Special Tax Bonds for City and County of San Francisco Special Tax District No. 2020-1 (Mission Rock Facilities and Services) in the aggregate principal amount not to exceed $58,335,000 to be repaid from Development Special Taxes, Office Special Taxes and Shoreline Special Taxes levied in Tax Zone 1 of the Special Tax District, as applicable; approving related documents, as defined herein, including an Official Statement, a Second Supplement to Development Special Tax Fiscal Agent Agreement, Office Special Tax Fiscal Agent Agreement, Shoreline (Tax Zone 1) Special Tax Fiscal Agent Agreement, Bond Purchase Agreement, and Continuing Disclosure Certificate; interpreting the Rate and Method of Apportionment of Special Tax; and determining other matters in connection therewith, as defined herein.

Introduced: Oct 3, 2023
Final action: Nov 2, 2023
Sponsors: Matt Dorsey
Official record ↗

How it got here

Related / predecessor legislation
↑ predecessor#130971— not yet in database
↑ predecessor#151119— not yet in database
↑ predecessor#171117— not yet in database
↑ predecessor#171314— not yet in database
↑ predecessor#171315— not yet in database
↑ predecessor#180092— not yet in database
↑ predecessor#200120— not yet in database
↑ predecessor#200121— not yet in database
↑ predecessor#200124— not yet in database
↑ predecessor#200125— not yet in database
↑ predecessor#200366— not yet in database
↑ predecessor#201292— not yet in database
↑ predecessor#201302— not yet in database
↑ predecessor#210385— not yet in database

How they voted

RECOMMENDED
Budget and Finance Committee · Oct 25, 2023Pass
1-0 /1

Legislative journey

PresidentOct 3, 2023
RECEIVED AND ASSIGNED
Budget and Finance CommitteeOct 25, 2023
RECOMMENDEDPass
Board of SupervisorsOct 31, 2023
ADOPTEDPass
MayorNov 2, 2023
APPROVED