Landmarks in Historic Districts and others, to enter into a maintenance contract with the city, basically agreeing to specific forms of improvements and maintenance to maintain and improve the historic integrity of these Historic Properties in exchange, the Property Owner receives a tax abatement. The contract is a 10year contract and it can be renewed over time. In San Francisco, we have had very, very few mills act contracts and almost none in terms of smaller properties because that process was so cumbersome and expensive and unpredictable and so forth. So, last year i authored legislation that this board passed unanimously to streamline our mills act contract process to set clear timetables with the Planning Department and with the Assessors Office and to make it easier process for people to participate in. We passed that earlier this year. So, we now have what i believe is our first grouping of smaller properties coming forward with mills act contracts as part of our annual mills
Clerk. Items acted upon today will appear on the january 7th, 2014 board of supervisors agenda unless otherwise stated. Okay, thank you. Could you please call item number 1 . Item number 1, resolution authorizing the execution, sale, and delivery of a housing revenue note in an aggregate Principal Amount not to exceed 28,500,000 for the purpose of providing financing for the construction of a 121unit affordable multifamily senior Residential Rental housing project, known as bayview Senior Housing; approving the form and authorizing the execution of a funding Loan Agreement and a borrower Loan Agreement; providing the terms and conditions of the note and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; authorizing the collection of certain fees; approving modifications, changes, and additions to the documents; granting General Authority to city officials to take actions necessary to implement this resolution; and ratifying and approving any a
Talking about very significant losses and people capital to the city. And, you know, taking away from people spending time with their families and other important things. So, cheryl bringtionctionv man and i have a chance to walk the tracks with you during the project. You stayed up late, even gave me a ride home which i appreciated. And you know, we saw the hard work from your crew and the people working in nonrevenue hours to do this. And, so, ill say on the, you know, curve replacement, kudos and thank you for getting it done. On the atcs wire, you know, when mr. Haley first came into this and we kept having these disturbed blocks and disturbed blocks and we actually had a hearing on this, and it came out that it was this wire getting pinched by sander hoses and so forth and so on. I remember, john, i asked you, i said can we wrap this thing in cryptonite . The market for cryptonite is very expensive. But the reality is despite last nights incident which is something else. Unfortuna
Very exciting because for the first time, maybe ever, were starting to see Small Properties being able to participate in the Mills Act Program. The mills act is a state law that allows certain Historic Properties, particularly landmarks in Historic Districts and others, to enter into a maintenance contract with the city, basically agreeing to specific forms of improvements and maintenance to maintain and improve the historic integrity of these Historic Properties in exchange, the Property Owner receives a tax abatement. The contract is a 10year contract and it can be renewed over time. In San Francisco, we have had very, very few mills act contracts and almost none in terms of smaller properties because that process was so cumbersome and expensive and unpredictable and so forth. So, last year i authored legislation that this board passed unanimously to streamline our mills act contract process to set clear timetables with the Planning Department and with the Assessors Office and to mak
Me a ride home which i appreciated. And you know, we saw the hard work from your crew and the people working in nonrevenue hours to do this. And, so, ill say on the, you know, curve replacement, kudos and thank you for getting it done. On the atcs wire, you know, when mr. Haley first came into this and we kept having these disturbed blocks and disturbed blocks and we actually had a hearing on this, and it came out that it was this wire getting pinched by sander hoses and so forth and so on. I remember, john, i asked you, i said can we wrap this thing in cryptonite . The market for cryptonite is very expensive. But the reality is despite last nights incident which is something else. Unfortunate timing but didnt have to do with the atcs wires. Those incidents have gone down. You know, customers see the Service Getting better. Theyre not quite sure why. The reason is you guys have better protected the atcs service and thats making a big difference. So, i will compliment you on those two t