RESOLUTION NO. _____________

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

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RESOLUTION AUTHORIZING AND DIRECTING THE BOARD PRESIDENT TO EXECUTE A FIRST AMENDMENT TO LEASE AGREEMENT WITH UNITED STATES POSTAL SERVICE, OF A 2,266 SQUARE FOOT BUILDING TOGETHER WITH 7,640 SQUARE FEET OF PARKING SPACE AT 1600 BAY ROAD, EAST PALO ALTO, WHICH EXTENDS THE TERM SET TO EXPIRE JUNE 30, 2008 FOR A PERIOD OF FIVE YEARS AT AN INITIAL ANNUAL RENT OF $40,000 WITH ONE OPTION TO EXTEND AT AN ANNUAL RENT OF $45,000 FOR AN ADDITIONAL FIVE YEAR PERIOD, AND AUTHORIZING THE COUNTY MANAGER OR HIS DESIGNEE TO EXECUTE NOTICES, OPTIONS AND DOCUMENTS ASSOCIATED WITH THE FIRST AMENDMENT AND LEASE INCLUDING, BUT NOT LIMITED TO, EXTENSION OR TERMINATION OF THE AGREEMENT UNDER THE TERMS SET FORTH THEREIN. (LEASE NO. 5324)

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

WHEREAS, on July 1, 1978 the County of San Mateo Redevelopment Agency and the United States Postal Service, entered into a Lease Agreement for the lease of building space and parking space at 1600 Bay Road, East Palo Alto, California; and

WHEREAS, the County of San Mateo is successor in interest to the Redevelopment Agency of the County of San Mateo; and

WHEREAS, the lease is set to expire on June 30, 2008 and the parties wish to amend the Lease to extend the termination date for a period of five years at initial annual rent of $40,000, with one option to extend at annual rent of $45,000 for an additional five year period; and

WHEREAS, the terms of the Amendment provide either party the right to terminate the Lease upon six months notice; and

WHEREAS, this Board has been presented with the First Amendment to Lease and has examined and approved same as to both form and content and desires to enter into same.

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

IT IS FURTHER DETERMINED AND ORDERED that the County Manager or his designee is hereby authorized to accept or execute on behalf of the County, any and all written notices, options, consents, approvals, and documents in connection with the First Amendment and the Lease and to make the determination to extend or terminate the agreement under the terms set forth therein.

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