24-110
Measure K: Adopt a resolution approving and ratifying: A) Assignment and Assumption Agreement and Amendment to Certain Loan Documents between the County of San Mateo, Highway 92 Succulents, Inc and Therese Ambrosi Smith, dated October 11, 2023 to assign the borrower’s obligations to Ms. Smith as property owner, increase the loan amount by $100,000 to a total of $400,000 and make other amendments; and B) Amended Declaration of Affordability Covenant executed by Therese Ambrosi Smith and dated October 11, 2023; and C) Amended Deed of Trust and Assignment of Rents executed by Therese Ambrosi Smith and dated October 11, 2023.
What this record is
- Amount
- $400K
- Runs until
- no end date published in this record
- Type
- amendment
- Field
- Real estate
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- HOUSING
- Requested by
- HOUSING
- Introduced
- January 18, 2024
- On agenda
- February 13, 2024
- Passed
- February 13, 2024
- Enacted
- February 13, 2024
- Enactment no.
- Resolution-080177