Resolution approving and authorizing the Real Estate Division, on behalf of the Mayor’s Office of Housing and Community Development, to acquire Real Property, located at 700-730 Stanyan Street from McDonald’s Corporation, for purchase at $15,500,000; placing the property under the jurisdiction of the Mayor’s Office of Housing and Community Development for use in constructing affordable housing for San Franciscans; adopting findings that the conveyance is consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; and authorizing the Director of Property to execute documents, make certain modifications and take certain actions in furtherance of the purchase agreement and this Resolution, as defined herein.

What this record is

Held by

McDonald’s Corporation 2 records across this site

Amount

$15.5M

Runs until

no end date published in this record

Type

amendment

Field

Construction

Read automatically from the title of the official record. The source document below is authoritative.

McDonald’s Corporation also holds

Agreement Letter with McDonald's Corporation Bay County, FL

Committee

Clerk of the Board

Requested by

Mayor’s Office of Housing and Community Development

Introduced

December 12, 2017

Passed

February 1, 2018

Enacted

February 1, 2018

Enactment no.

020-18