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(a) Establishment of Fund. The HOPE SF Fund is hereby established as a category four fund for the purpose of assisting in the replacement and/or rehabilitation of distressed public housing projects in the City and County of San Francisco.
(b) Deposits to Fund.
1. Base Deposit. The City shall appropriate $5,000,000.00 from the General Fund into the HOPE SF Fund for fiscal year 2007-2008. In subsequent years, it shall be City policy to appropriate the same base amount to the HOPE SF Fund, as well as the additional deposits described in subsection (b)(2), below.
2. Additional Deposits. It shall be City policy to increase the base deposit described in subsection (b)(1), above, each fiscal year in an amount equal to the tax revenues generated during the prior fiscal year through construction and development activities on projects funded in whole or in part by the HOPE SF Fund. The Controller's calculation of the amount of such revenues with reference to any particular project shall include the following:
A. The portion of property and possessory interest tax revenues allocated to the City's General Fund under State law;
B. Property transfer tax revenues derived from the City's Real Property Transfer Tax Ordinance (Article 12-C of the City Business and Tax Regulations Code);
C. Sales and use tax revenues derived from the Bradley-Burns Uniform Local Sales and Use Tax Law (the one percent levy authorized under California Revenue and Taxation Code Section 7203.1); and
D. Payroll tax revenues derived from the City's Payroll Expense Tax Ordinance (Article 12-A of the City Business and Tax Regulations Code);
(c) Use of Fund.
1. The fund shall be used exclusively for the purpose of providing financial assistance to the San Francisco Housing Authority and housing developers, where the contribution of monies from the fund to a specific eligible HOPE SF Project described in clause (2) below will be accompanied by an agreement as to the affordability of some or all units in such HOPE SF Project for persons and families of very-low, low and moderate income as defined by the United States Department of Housing and Urban Development. Such affordability shall be maintained for a period of not less than the greater of 50 years or the useful life of the project.
2. There are two eligible types of HOPE SF Projects: public housing developments in need of substantial rehabilitation; and public housing developments in need of demolition and new construction of public housing in conjunction with affordable housing and market-rate housing. Funds may be used to pay for the following:
A. Capital expenses typically associated with the development and/or rehabilitation of public housing or affordable housing, including but not limited to infrastructure costs, construction costs, design costs, permit fees, financing fees, capitalized reserves, and developer fees;
B. Administrative costs required to oversee the program;
C. Payment of debt service on any bond or lease financing issued by the City for HOPE SF Fund-eligible purposes; and
D. Other activities associated with the development of any HOPE SF Project, subject to the adopted rules and regulations described in paragraph (d) below.
3. Grants, Bequests, and Other Sources. The Controller shall also cause the following to be deposited in the HOPE SF Fund; any and all grants, gifts, or bequests from private sources for the purposes cited above; any monies repaid to the City as a result of loans made by City to developers from monies in the HOPE SF Fund to assist in the development of replacement public housing and/or affordable housing associated with the replacement of public housing; any repayments of monies to City where the City is beneficiary under a promissory note which was acquired as a result of the City's housing affordability assistance from monies in the HOPE SF Fund; and any monies otherwise allocated to the fund, all to the extent such monies are not required to be deposited in other funds or applied to other purposes.
(d) Administration of Fund. The fund shall be administered by the Mayor's Office of Housing and Community Development ("MOHCD"). The Director of MOHCD shall promulgate such rules and regulations as he or she may deem appropriate to carry out the provisions of the fund. Such rules and regulations shall be developed in consultation with any appropriate agencies or organizations with which the Director, or his or her designee, may choose to consult. The rules and regulations shall be subject to a public hearing and approved by resolution of the Board of Supervisors. MOHCD shall develop procedures such that, for all projects funded by the HOPE SF Fund, MOHCD requires the project sponsor or its successor in interest to give preference in occupying units as provided for in Administrative Code Chapter 47.
(a) Establishment of Fund. The Department of Public Works Greening Fund is hereby established as a category six fund for the purpose of receiving all cash gifts, donations and contributions of money that may from time to time be offered to the City and County to pay for Department of Public Works design, construction and/or maintenance of Greening Projects. "Greening Projects" shall mean projects designed to establish public landscaped areas, gardens and plazas in San Francisco's streets and public rights-of-way including, but not limited to, Pavement to Parks projects.
(b) Use of Fund. All monies deposited into the fund shall, consistent with the gift, donation, or contribution, be expended for implementation and/or maintenance of Greening Projects and improvements prescribed by the City's Better Streets Plan to calm traffic, improve pedestrian and bicycle safety and to manage storm water runoff.
(c) Administration of Fund. The Director of the Department of Public Works is authorized to accept all gifts to the Department of Public Works for the uses and purposes described in subsection (b), including but not limited to gifts of money, equipment, property, supplies and services. Gifts to the fund are exempt from the provisions of Administrative Code Section 10.100-305.
(Added by Ord. 150-11, File No. 110534, App. 8/1/2011, Eff. 8/31/2011)
Editor's Note:
Proposition I, approved at the November 2010 election, added former Section 10.100-371, the "Saturday Voting Fund," to accept donations to pay for a pilot project in connection with the November 8, 2011 election. That fund received no donations and is now defunct. See Appendix 99 below.
Proposition I, approved at the November 2010 election, added former Section 10.100-371, the "Saturday Voting Fund," to accept donations to pay for a pilot project in connection with the November 8, 2011 election. That fund received no donations and is now defunct. See Appendix 99 below.
(a) Establishment of Fund. The Public Utilities Commission's CleanPowerSF Customer Fund is hereby established as a category eight fund for the purpose of serving as a depository and operating fund used to procure clean and greenhouse gas free electric power for customers of the CleanPowerSF Community Choice Aggregation Program.
(b) Use of Fund. All monies deposited into the fund shall be expended for implementation, operation and maintenance of the CleanPowerSF Community Choice Aggregation Program. Allowable uses shall include the cost of electric energy, customer service costs, administrative costs and other related CleanPowerSF operating and maintenance costs as well as customer rate stabilization reserves.
(c) Administration of Fund. The General Manager of the San Francisco Public Utilities Commission is authorized to accept customer deposits into this fund and approve payments from this fund for electric energy provided through CleanPowerSF as well as associated costs, including reimbursement of CleanPowerSF Reserve Fund advances related to working capital or other CleanPowerSF related needs. Establishment of this fund is subject to final approval of the San Francisco Controller.
(Added by Ord. 200-12, File No. 111371, Eff. 11/4/2012)
(a) Establishment of Fund. The San Francisco Public Utilities Commission's CleanPowerSF Reserve Fund is hereby established as a category two fund for the purpose of serving as a fund to hold reserves for unanticipated fluctuations in the cost of energy, customer service payments, working capital needs, CCA Program Incentives for GoSolarSF for CCA Customers, CCA-Owned Generation and Energy Conservation & Efficiency for CCA Customers and other charges.
(b) Use of Fund. All monies deposited into the Reserve Fund shall be expended or otherwise utilized, to the extent appropriated above and therefore, for the implementation and operation of the CleanPowerSF Community Choice Aggregation Program to offer GoSolarSF for CCA Customers, CCA-Owned Generation and Energy Conservation & Efficiency for CCA Customers, and for termination costs in the event the program is discontinued.
(c) Administration of Fund. The General Manager of the San Francisco Public Utilities Commission is authorized to transfer moneys from the CleanPowerSF Reserve Fund to the CleanPowerSF Customer Fund as needed by that fund to smooth fluctuations in cash receipts and cash payments. Funds from the CleanPowerSF Reserve Fund that represent advances for working capital needs for the CleanPowerSF Community Choice Aggregation Program shall be administered consistent with the Board of Supervisor's approved power purchase contract between the San Francisco Public Utilities Commission and the CleanPowerSF power provider(s). Establishment of this fund is subject to final approval of the San Francisco Controller.
(Added by Ord. 200-12, File No. 111371, Eff. 11/4/2012)
(a) Establishment of Fund. The 180 Jones Street Affordable Housing Fund is established as a category four fund to receive fee revenue dedicated to affordable housing and other contributions to the fund. Monies in the fund shall include:
(1) A payment of $0.4 million in lieu of the Jobs-Housing Linkage Fee otherwise required under Planning Code Sections 413 et seq. but waived by Board of Supervisors for the 950-974 Market Street project. This payment is addressed in an ordinance concerning the waiver of the Jobs-Housing Linkage Fee and Inclusionary Housing Requirements, and authorizing other exemptions as well as a land dedication (the “950-974 Market Street Ordinance”), which is on file with the Clerk of the Board of Supervisors in File No. 161066.
(2) A payment of $10.85 million in lieu of affordable housing fees otherwise required under Planning Code Sections 415 et seq. (Inclusionary Housing Program) but waived by Board of Supervisors for the 950-974 Market Street project in the 950-974 Market Street Ordinance, on file with the Clerk of the Board of Supervisors in File No. 161066.
(3) A gift of $2.7 million from the Project Sponsor of the 950-974 Market Street Project, as authorized in the 950-974 Market Street Ordinance, on file with the Clerk of the Board of Supervisors in File No. 161066.
(4) Any other monies donated or appropriated to the fund.
(b) Use of Fund. The fund is to be used exclusively by the Mayor’s Office of Housing and Community Development (MOHCD), or its successor, for the purpose of supporting development and construction of affordable housing units at 180 Jones Street (Assessor’s Block 0343, Lot 14), and supportive services, operating subsidies, and/or rental assistance for tenants at said affordable housing units 1 If, however, the City fails to approve a revised project at 180 Jones Street within five years of the last payment to the Fund authorized by the 950-974 Market Street Ordinance, as amended by the ordinance in Board File No. 210534, the money in the Fund shall be deposited into the Citywide Affordable Housing Fund as established in Administrative Code Section 10.100-49, or its successor fund.
(c) Exceptions to Fund Category. The Director of MOHCD shall approve all expenditures from the fund.
(d) Administration of Fund. The MOHCD shall administer the fund and shall report annually to the Board of Supervisors on the current status of the fund, the amounts approved for disbursement,
and the number and types of housing units assisted. The MOHCD shall have the authority to prescribe
rules and regulations governing the fund. Except as provided in subsection (b), any unexpended funds remaining after 10 years from the effective date of the ordinance identified in subsections (a)(1) and (a)(2) shall be deposited into the Citywide Affordable Housing Fund as established in Administrative Code Section 10.100-49 or its successor fund.
CODIFICATION NOTE
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