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Item number 1 is an ordinance approving exceptions to requirements of the seismic safety loan program under the administrative code and the sslp program regulations, regarding a 2,379,464 loan for an existing Affordable Housing project at the hotel isabel located at 1091 mission street. Thank you. And supervisor kim is the author of this legislation. Thank you, chair wiener. This is basically we are asking for an exception to our seismic safety loan Program Deferred extended loan program. Hotelies isabel is one of our Affordable Housing units here in district 6 on the south of market. Currently has 72 units Affordable Housing and its owned by the hotel [speaker not understood] a limited partnership with who is general partner is todd koh who is here to ....
~ record so, we have already taken Public Comment on item number 2. So, there are amendments authored by supervisor tang. Colleagues, can we take those amendments without objection . That will be the order. [gavel] and can we have a motion to forward item number 2 to the full board with recommendation . So moved. Seconded. Okay. Without objection. [gavel] okay. Item number 4. Item number 4 is an ordinance amending the subdivision code, by adding section 1396. 4, to adopt a condominium conversion impact fee applicable to buildings participating but not being selected in the 2012 or 2013 condominium conversion lotteries only, subject to specified requirements, including lifetime leases for nonpurchasing tenants; and adopting environmental findings. Thank you. And supervisor farrell and i are the authors of this legislation. It is a request that the item be continued for two weeks given there are ongoing negotiations. President chiu ....
Thank you. Madam clerk, will you please call item number 1 . Item number 1 is an ordinance approving exceptions to requirements of the seismic safety loan program under the administrative code and the sslp program regulations, regarding a 2,379,464 loan for an existing Affordable Housing project at the hotel isabel located at 1091 mission street. Thank you. And supervisor kim is the author of this legislation. Thank you, chair wiener. This is basically we are asking for an exception to our seismic safety loan Program Deferred extended loan program. Hotelies isabel is one of our Affordable Housing units here in district 6 on the south of market. Currently has 72 units Affordable Housing and its owned by the hotel [speaker not understood] a limited partn ....
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