RESOLUTION NO. _____________

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

* * * * * *

RESOLUTION AUTHORIZING THE EXECUTION OF THE SECOND AMENDMENT TO THE AGREEMENT WITH PENINSULA COMMUNITY FOUNDATION TO ADMINISTER THE INDIVIDUAL DEVELOPMENT ACCOUNT PROJECT

______________________________________________________________

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

WHEREAS, this Board of Supervisors adopted a resolution on August 25, 2000 authorizing the execution of an Agreement with the Peninsula Community Foundation to provide services to administer the County's Individual Development Account Project at Daly City PeninsulaWorks sites, and;

WHEREAS, the Board authorized a First Amendment to the Agreement with Peninsula Community Foundation extending the amount of the Agreement and the term of the Agreement; and expanded the scope of the Agreement to include PeninsulaWorks sites at San Carlos and Redwood City, and;

WHEREAS, It is desirable by both parties to further amend the Agreement to extend the term of the Agreement to June 30, 2003 and the amount to $500,000; and expand the scope of services to include PeninsulaWorks Menlo Park , and;

WHEREAS, this Board has been presented with a form of such Amendment to Agreement and said Board has examined and approved same as to both form and content and desires to enter into the Amendment to the Agreement;

NOW THEREFORE, IT IS HEREBY DETERMINED AND ORDERED that the President of this Board of Supervisors be, and the President is hereby authorized and directed to execute said Amendment for and on behalf of the County of San Mateo and the Clerk of this Board shall attest the President's signature thereto.

* * * * * *