This resolution approves a settlement for $501,720 plus interest to Serenity Now, LP and Pebblebrook Hotel, LP, related to a claim for a refund of real property transfer taxes. The claim was filed on December 1, 2023, and the resolution has been passed by the city.
Resolution approving the settlement of the unlitigated claim filed by Serenity Now, LP and Pebblebrook Hotel, LP against the City and County of San Francisco for $501,720 plus statutory interest; the claim was filed on December 1, 2023; the claim involves a refund of real property transfer taxes.
How it got here
The legislation originated from a claim filed by Serenity Now, LP and Pebblebrook Hotel, LP for a refund of real property transfer taxes.
A claim was filed against the City and County of San Francisco for a refund of real property transfer taxes.
The resolution regarding the settlement of the claim was received from the relevant department.
The resolution was received and assigned for further consideration.
The committee recommended the resolution for passage.
The Board of Supervisors adopted the resolution to settle the claim.
The Mayor approved the resolution, finalizing the settlement of the claim.
Reconstructed from attached documents & the official record