Special Notice / Hearing: Publication (3 weeks)__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Michael P. Callagy, County Executive
Subject: Purchase and Sale Agreement for the Acquisition of 3335 Spring Street, Unincorporated San Mateo County.
RECOMMENDATION:
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Adopt a resolution:
A) Declaring the Board of Supervisors' intent to purchase the real property described as 3335 Spring Street, Unincorporated County of San Mateo, identified as San Mateo County Assessor's Parcel Number 055-101-160 ("Property"), for a total purchase price of $2,000,000; and
B) Authorizing the President of the Board of Supervisors to execute a Real Estate Purchase and Sale Agreement and Escrow Instructions ("Agreement"), with the owners of the Property, Yue Weng and Sui Wang ("Seller"), for the County's acquisition of the Property; and
C) Authorizing the County Executive or their designee to execute the Certificate of Acceptance upon satisfaction of certain conditions in escrow, to be recorded with the grant deed transferring title to the property to the County, as well as any and all notices, escrow instructions, and documents required to facilitate the purposes of the Agreement.
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BACKGROUND:
The Property is a 2,400 square foot single family home located within an approximate 7,096 square foot parcel, located at 3335 Spring Street, Redwood City (unincorporated San Mateo County).
Since the early 1990's the County of San Mateo has contracted with StarVista, a public benefit corporation, to provide youth services programs. Recent changes to StarVista's programming has necessitated the relocation of one such program: San Mateo County's Housing Youth Services Program ("Program"), providing transitional housing and support services to local youth who are transitioning from foster care to independent living. The Program provides transitional housing, independent living skills training, mental health support and education with job dev...
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