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Adopt a resolution: A) Declaring the Board of Supervisors’ intent to purchase the real property described as 3335 Spring Street, Unincorporated County of San Mateo, identified as San Mateo County Assessor’s Parcel Number 055-101-160 (“Property”), for a total purchase price of $2,000,000; and B) Authorizing the President of the Board of Supervisors to execute a Real Estate Purchase and Sale Agreement and Escrow Instructions (“Agreement”), with the owners of the Property, Yue Weng and Sui Wang (“Seller”), for the County’s acquisition of the Property; and C) Authorizing the County Executive or their designee to execute the 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 Held Introduced July 31, 2025

What this record is

Amount
$2.00M
Runs until
no end date published in this record
Type
purchase
Field
Real estate

Read automatically from the title of the official record. The source document below is authoritative.

Committee
COUNTY EXECUTIVE
Requested by
COUNTY EXECUTIVE
Introduced
July 31, 2025
On agenda
August 26, 2025

Where it was heard

BOARD OF SUPERVISORS Aug 26, 2025 continued