RESOLUTION NO. _____________

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

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RESOLUTION AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH MICHAEL AND ALICE KUANG AND KING MUN AND SAO LIN TOM TO PURCHASE REAL PROPERTY LOCATED AT 701 GRAND AVENUE AND 215-217 ORANGE AVENUE IN SOUTH SAN FRANCISCO FOR $1,297,000; AND AUTHORIZING THE COUNTY MANAGER OR HIS DESIGNEE TO SIGN ESCROW INSTRUCTIONS AND EXECUTE ANY AND ALL NOTICES, CONSENTS, APPROVALS, DEEDS, CERTIFICATES OF ACCEPTANCE AND DOCUMENTS IN CONNECTION WITH THE AGREEMENT (C.O.P. 2690)

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

WHEREAS, by Resolution No. 68916 adopted on August 14, 2007, this Board declared its intention to purchase the Property located at 701 Grand Avenue and 215-217 Orange Avenue in South San Francisco; and

WHEREAS, the Clerk of this Board has published once a week for three successive weeks in the San Mateo Times, in the form and manner provided by law, a Notice of Intention to purchase the Property, and

WHEREAS, a public hearing was held before this Board of Supervisors on this day, and this Board heard all persons interested in the proposed purchase of the Property and considered all public and staff comments concerning the proposed purchase, and;

WHEREAS, there has been presented to this Board of Supervisors for its consideration and acceptance a Purchase Agreement for $1,297,000, (the “Agreement”) dated August 8, 2007, between the County and Michael and Alice Kuang and King Mun and Sao Lin Tom, owners of 701 Grand Avenue and 215-217 Orange Avenue in South San Francisco, 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 in accordance with the terms and conditions of said Agreement; and

WHEREAS, this Board has determined that it is necessary and desirable to execute the Agreement and purchase the Property on behalf of the County of San Mateo.

NOW THEREFORE, IT IS HEREBY DETERMINED AND ORDERED as follows:

1. That the President of the Board of Supervisors shall, and is hereby directed to execute the Purchase Agreement on behalf of the County of San Mateo, and the Clerk of the Board will attest to his signature thereto; and

2. That the County Manager or his designee is hereby authorized to sign escrow instructions and execute any and all notices, consents, approvals, deeds, certificates of acceptance and documents in connection with the Agreement, or to meet the intent of the Resolution.