Adopt a resolution: A) Declaring the Board of Supervisors’ intent to purchase the real property described as 1717, 1725 and 1731 S. El Camino Real, located within the City of San Mateo, San Mateo County Assessor’s Parcel Numbers 035-219-150, 035-219-140 and 035-219-170, respectively, (“Property”), for the total purchase price of $7,000,000; and B) Authorizing the President of the Board of Supervisors to execute a Real Estate Purchase and Sale Agreement (“Agreement”) with the owners of the Property, 1707 S. El Camino Real, LLC, a Delaware limited liability company, (“Sellers”), for the County’s acquisition of the Property; and C) Authorizing the County Executive, or their designee, to execute a Certificate of Acceptance upon satisfaction of certain conditions in escrow, to be recorded with the Grant Deed transferring title to the Property to the County, as well as any and all notices, escrow instructions, and documents required to facilitate the purposes of the Agreement.

Resolution Passed Introduced August 15, 2024

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