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File #: 21-349    Version: 1 Name:
Type: Resolution Status: Passed
File created: 4/14/2021 Departments: HOUSING
On agenda: 5/4/2021 Final action: 5/4/2021
Title: Measure K: Adopt a resolution: A) Declaring the Board of Supervisors' intention to purchase real property, commonly known as the F Street Project, located at the southeast corner of F Street and El Camino Real in the City of San Carlos (Assessor Parcel Number 045-320-100) ("Property") from the Mid-Peninsula Water District for a total purchase price of $720,000; and B) Authorizing the President of the Board of Supervisors to execute a real estate purchase and sale agreement and escrow instructions for the County's acquisition of the Property for a total purchase price of $720,000; and C) Authorizing the County Manager, or the Director of the Department of Housing as designee, to execute the Certificate of Acceptance attached to the resolution upon the satisfaction of all conditions of escrow, to consummate the County's purchase of the Property as required by California Government Code Section 27281, and to execute all other documents and notices required to purchase the Property and...
Attachments: 1. 20210504_r_F Street PSA Board Reso.pdf, 2. 20210504_att_Certificate of Acceptance.pdf, 3. 20210504_a_PSA_FStreet-SanCarlos_MPWD.docx
Special Notice / Hearing: None__
Vote Required: Majority

To: Honorable Board of Supervisors
From: Raymond Hodges, Director, Department of Housing
Subject: Approval of Declaration of Intent to Purchase and Execution of a Purchase and Sale Agreement for the Acquisition of Real Property from the Mid-Peninsula Water District

RECOMMENDATION:
title
Measure K: Adopt a resolution:

A) Declaring the Board of Supervisors' intention to purchase real property, commonly known as the F Street Project, located at the southeast corner of F Street and El Camino Real in the City of San Carlos (Assessor Parcel Number 045-320-100) ("Property") from the Mid-Peninsula Water District for a total purchase price of $720,000; and

B) Authorizing the President of the Board of Supervisors to execute a real estate purchase and sale agreement and escrow instructions for the County's acquisition of the Property for a total purchase price of $720,000; and

C) Authorizing the County Manager, or the Director of the Department of Housing as designee, to execute the Certificate of Acceptance attached to the resolution upon the satisfaction of all conditions of escrow, to consummate the County's purchase of the Property as required by California Government Code Section 27281, and to execute all other documents and notices required to purchase the Property and otherwise facilitate the acquisition.

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BACKGROUND:
The Mid-Peninsula Water District (the "District") owns certain property located on the southeast corner of F Street and El Camino Real in the City of San Carlos, identified as Assessor Parcel Number 045-320-100 (the "Property"). The Property is located on a vacant lot that is 0.15 acres and is located in a mixed commercial and residential area in San Carlos. By Resolution No. 2018-14 adopted on May 24, 2018, the District declared the Property to be "surplus property" within the meaning of California Government Code Section 54220 ("Surplus Lands Act").
On Februa...

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