The lawsuit challenges the Board of Supervisors’ denial of Petitioners’ application to convert their six-unit building at 424-434 Francisco Street to condominiums under the City’s Expedited Conversion Program (Subd. Code Section 1396.4).

The City Attorney is authorized to settle the lawsuit by returning the Expedited Conversion Program fee of $130401.66 to the petitioners and waiving the City's litigation costs of $1325.00.

The settlement involves the return of the fee to the petitioners and waiver of litigation costs, addressing claims of abuse of discretion and violation of equal protection rights.

The settlement is to resolve the lawsuit which involves claims of abuse of discretion and violation of equal protection due to the Board of Supervisors’ denial of the petitioners' application.

The Board of Supervisors authorizes the Director of Public Works and other City officials to take actions to perform the City’s obligations under the Settlement Agreement.

The City Attorney, David Chiu, has approved the form and recommended the settlement. This is also recommended by the San Francisco Public Works and declared that funds are available by Controller Ben Rosenfield.