RESOLUTION NO. _____________

BOARD OF SUPERVISORS, COUNTY OF SAN MATEO, STATE OF CALIFORNIA

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RESOLUTION APPROVING SUBSTITUTION OF TRUSTEE AND DEED OF RECONVEYANCE OF DEED OF TRUST SECURING LANDSCAPING CONDITION ON COASTAL DEVELOPMENT PERMIT 85-65 (19509 CABRILLO HIGHWAY (KOCH))

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RESOLVED, by the Board of Supervisors of the County of San Mateo, State of California, that

WHEREAS, by the Board of Supervisors of the County of San Mateo, State of California, that

WHEREAS, in February 1992, this Board approved an Agreement with Respect to Installation and Maintenance of Landscaping (CDP 85-65) ("Agreement") which requires KLAUS AND ILSA KOCH to comply with certain specified landscaping requirements with respect to their property located at 19509 Cabrillo Highway, San Gregorio; and

WHEREAS, the Agreement required that the KOCHES execute a promissory note in the amount of $32,825 securing the performance of the landscaping requirements, and further execute a deed of trust to be recorded on the property; and

WHEREAS, the KOCHES have fulfilled the landscaping conditions required to allow reconveyance of the deed of trust and cancellation of the promissory note;

NOW, THEREFORE, THE BOARD OF SUPERVISORS HEREBY RESOLVES AND ORDERS that the President of the Board is hereby authorized and directed to execute a Substitution of Trustee and Deed of Reconveyance of the deed of trust, an Affidavit of Beneficiary, and such other associated documents as are necessary to ensure reconveyance of the deed of trust and cancellation of the promissory note.

BdReso12202