https://sanmateocounty.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4804517&GUID=104EF0DE-C021-49F9-AD1C-2366F78CDD8A&G=1088EC25-A43A-408F-A57C-73C0A70269ABLegistar15https://sanmateocounty.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4804517&GUID=104EF0DE-C021-49F9-AD1C-2366F78CDD8A&G=1088EC25-A43A-408F-A57C-73C0A70269AB104EF0DE-C021-49F9-AD1C-2366F78CDD8A-2023-04-28-15-35-09Title: Measure K: Adopt a resolution: A) Authorizing and directing the Director of the Department of Housing, or designee, to execute an Exclusive Negotiating Agreement with MidPen Housing Corporation to afford the parties sufficient time to negotiate the terms of an Operator Agreement, a Lease Agreement, and all documents evidencing and securing a start-up loan related to the operation and management of a permanent affordable housing development for seniors with extremely low-incomes on County property located at 1000 Twin Dolphin Drive in Redwood City; and B) Authorizing and directing the Director of the Department of Housing, or designee, in consultation with County Counsel, to negotiate and execute an Operator Agreement, a Lease Agreement, and all documents evidencing and securing a start-up loan in a total amount not to exceed $1,500,000 in Measure K funds, with MidPen Housing Corporation, related to the operation and management of a permanent affordable housing development for seniors with extremely low-incomes on County property located at 1000 Twin Dolphin Drive in Redwood CFri, 28 Apr 2023 15:35:09 GMT