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11/08/2010 <br />includes an Affordability Covenant that will be recorded against the Property which <br />provides that the affordability provisions shall remain in effect for a term of 55 years and <br />that the units will be affordable at the to persons and families at the specified income <br />levels. The City Manager is hereby authorized to execute the Agreement and all <br />documents necessary to implement the conveyance of the Property to the San Mateo <br />County Service League, in substantially the form attached hereto as Exhibit A, subject <br />to any technical and clarifying changes approved by the City Attorney. <br />SECTION 3. This resolution shall be effective immediately upon adoption. <br />82483.00000 \5717260.1 # 15063 <br />ATTY/RESO/RESO.2060 MUFF # 405 <br />11/17/10 2 <br />