RESOLUTION NO. ____________________________

 

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

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RESOLUTION AUTHORIZING THE EXECUTION OF A FIRST AMENDMENT TO THE AGREEMENT WITH HIP HOUSING DEVELOPMENT CORPORATION TO ASSIST IN THE REHABILITATION OF 11 SOUTH DELAWARE AVE., SAN MATEO

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

 

    WHEREAS, on December 2, 2003, by Resolution No. 066383, the County authorized execution of an Agreement with HIP Housing Development Corporation (“Contractor”) to Assist in the Rehabilitation of 11 South Delaware Ave., San Mateo (the “Original Agreement”); and

    WHEREAS, on May 4, 2004, the County Board of Supervisors approved the FY 2004-05 Action Plan, which provided $150,000 of additional HOME funds toward the rehabilitation of 11 South Delaware Avenue, San Mateo (“Project”); and

WHEREAS, both parties now wish to amend the Original Agreement, which had provided $300,000, for the rehabilitation of the Project, to add $150,000 for a total Contractor obligation of $450,000.00; and

    WHEREAS, there has been presented to this Board of Supervisors for its consideration and acceptance, a First Amendment to the Agreement between the County of San Mateo and Contractor, reference to which is hereby made for further particulars, and the Board of Supervisors has examined and approved the same as to form and content and desires to enter into the same.

 

NOW THEREFORE, IT IS HEREBY RESOLVED that the President of this Board of Supervisors be, and is hereby authorized and directed to execute said First Amendment 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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