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
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- amendment
- Field
- Real estate
real estate contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
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
Where it was heard
BOARD OF SUPERVISORSWatch what San Mateo County buys
This is one award. San Mateo County signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.
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