RESOLUTION NO. _____________ |
BOARD OF SUPERVISORS, COUNTY OF SAN MATEO, STATE OF CALIFORNIA |
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RESOLUTION AUTHORIZING THE EXECUTION OF A THIRD AMENDMENT TO THE AGREEMENT WITH PENINSULA COMMUNITY FOUNDATION TO ADMINISTER THE INDIVIDUAL DEVELOPMENT ACCOUNT PROJECT |
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RESOLVED, by the Board of Supervisors of the County of San Mateo, State of California, that |
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WHEREAS, the Board of Supervisors approved an Agreement with Peninsula Community Foundation on August 25, 2000, for the purpose of administering the County's Individual Development Account Project at the Daly City PeninsulaWorks site; and |
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WHEREAS, this Agreement has been amended on two previous occasions to increase the amount, extend the term and to expand services to include San Carlos, Redwood City and Menlo Park; and |
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WHEREAS, the parties wish to further amend the Agreement to increase the amount by $100,000, extend the term to June 30, 2004 and include an additional 25 families; and |
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WHEREAS, the Human Services Agency will provide matching funds for the Individual Development Account not exceed $600,000; and |
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WHEREAS, this Board of Supervisors has been presented with a form of such Amendment to the 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. |
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NOW THEREFORE, IT IS HEREBY DETERMINED AND ORDERED that the President of this Board of Supervisors is hereby authorized and directed to execute said Third Amendment to the Agreement for and on behalf of the County of San Mateo, and the Clerk of this Board shall attest the President's signature thereto. |
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