WHEREAS, there has been presented to this Board of Supervisors for its consideration State Coastal Conservancy Grant Agreement Number 02-202 and Grant Agreement Number 02-203, reference to which is hereby made for further particulars, whereby the State Coastal Conservancy agrees to grant to the County of San Mateo the sum of $1,500,000 as partial payment for the acquisition of the Western Parcel of the Mirada Surf property, and $100,000 for the cost to design an associated segment of the Coastal Trail.
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NOW THEREFORE, IT IS HEREBY DETERMINED AND ORDERED AS FOLLOWS:
1. That the County Manager, or his designee, be and is hereby, authorized and directed to execute, for and on behalf of the County of San Mateo, said Grant Agreements, accepting the Agreements and approving the terms and conditions thereof, and
2. That the County Manager, or his designee, be and is hereby, further authorized and directed to execute, for and on behalf of the County of San Mateo, any agreements, escrow instructions, documents or notices in connection with said Grant Agreements that are necessary to implement the intent of this resolution including, but not limited to, the Irrevocable Offer to Dedicate Title in Fee as set forth in the Conditions Precedent To Acquisition And Distribution, and the Clerk of this Board shall attest thereto.
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