HomeMy WebLinkAboutD-2111 " V-oI-((1 / '! I J I RECORDING REQUESTED BY AND HHEN RECORDED HAIL TO 79..-1219180 y. -JI' J City Clerk City of Arcadia , P.O. Box 60 Arcadia, California 91006 RECORDED IN OFFICIAL RECORDS Of lOS ANGELES COUNTY, CA 4- ~~T 8 A.M. OCT 301979 Recorder's Office COVENANT AND AGREEl''!ENT TO DE'lELOP AND HOLD PROPERTY AS ON~ PARCEL 6 R 1 I fEE $8 ~ FOR GOOD, VALUABLE AND which is hereby acknowledged, California Limited Partnership. ADEQUATE CONSIDER~TION, receipt of Four Seas Investment Company, a hereinafter referred to collectively as "Covenantors" , hereby declare they are the owners of that certain real proper~y located in the City of Arcadia, County of Los Angeles, State of California, legally des- cribed as follows: Lots 13 and 14 in Block 62, of a part of Arcadia, Santa Anita Track, in the Rancho Santa Anita, in the City of Arcadia, County of ' Los Angeles, State of California, as per map recorded in Book 16, Page 58 of Miscellaneous Records in the office of the County Recorder of said County Recorder of said County. EXCEPT THE Southerly 12 feet measured at tight angles to the Southerly lot'lines as granted to the City of Arcadia, for street and highway purposes, in deed recorded June 29th 1962, in Book D 1668, Page 963, Official Records. ALSO EXCEPT the interest in the North 10 feet of said land conveyed to the C~ty of Arcadia, for public alley purposes by deed recorded March 5th 1969 as Document #1720. all of which aforedescribed is hereinafter referred to collectively as the "Affected Land", hereby agree and covenant with the City of Arcadia, a Municipal Corporation (hereinafter referred to as the "Covenantee") on behalf of and for the benefit of the Covenantee's land, which is the public street and right-of-way adjacent and con- tiguous to the Affected Land, and on behalf oi and for the benefit of the "Benefitted Land" which consists of and includes all the public and private land located within 500 feet of the Affected Land, as follows: 1. The Affected Land shall be held and developed as one parcel and no portion thereof shall be voluntarily or involuntarily sold, conveyed or assigned separately or le9ally divided until released in writing by the City of Arcadia. Any attempt to sell, conveyor assign less than the entire parcel shall be a nullity and of no effect and the Covenantee is hereby authorized to bring an action in a competent court to set aside and have declared null and void such attempted sale, conveyance -1- 'v or assignment. In the event of such legal actions, Covenantors or its successors or assigns shall be liable for the reasonable attorney's fees of Covenantee. 2. This Covenant and Agreement is for the benefit of the land of and shall inure to the benefit of the Covenantee and its heirs, successors and assigns and is for the benefit of and shall inure to the benefit of all the Benefitted Land and the heirs, successors and assigns of the owners of the Benefitted Land, and this Covenant and Agreement shall run with the land and shall be bind- ing upon the heirs, successors and assigns of the Covenantors. 3. The City of Arcadia in its capacity as Covenantee and in its capacity as the legal representative of the residents of the City of Arcadia and more particularly as the legal representative of all the owners of the Benefitted Land is-hereby authorized to enforce the provisions of this Covenant and Agreement. 4. If any section, subsection, sentence, clause, phrase or portion of this Covenant and Agreement is for any reason held to be invalid or unconstitutional by the decision of any court of competent jurisdiction, such decisions shall not affect the validity of the remaining portions of this Covenant and Agreement. IN WITNESS WHEREOF, Covenantor has executed this instrument on the date shown opposite its signature. Dated ~~/7l "COVENANTORS" Four Seas Investment Company, a California Limited Partnership by the General Partners: .~.- ?/.... a - LIN CHOU, General Partner Dated 7?1/-J/ 4:fMJ f1 ,,~ LIAW MEI-LEE LIU, General Partner Da ted 'f '"'t . Dated " '79-1219180 I," 'I' " Dated . . " .' t,"Q:"Io. ...", ....... _<a '.,~.,~ ,-' .', ;"., ~t J-:{' ..'1:'.1 ~'.' .'. ,t..~, 'r.:tP: ,'" -........, ',;,," "COVENANTEE" City of Arcadia Dated Oct. 19, 1979 /, ~ APPROVED AS TO FORM: of Arcadia -2- ~ STATE OF CALIFORNIA ) ) ss. COUNTY OF LOS ANGELES ) On thisJI d~y of '~~19---.2t before me, the undersi~ned, a Notary --P~li~ in d for said cou~~; ~nd'!State;: personally appeared Lin Chou, General Partner known to me to be the.person whose n~e is subscribeo to the- ,- within instrument,_known-to me to be one of the general partners of the limited partnership that executed the within instrument on behalf of the limited par~nership named, and acknowledged to me that said limited partnership executed the same. WITNESS my hand and official seal. !!11111IlmIIIIUl","nllmnll"""II" "''''tllIl1llll'I1III'I1UllIllIIIUllllllll1llltlll1ll'.'llUllllll'' I ~~::: OFFICIAL SEAL I ~ " .: MARYV.SILVA ~ l < NOTARY PUBlIC.CAlIFORNIA l ~ LOS ANGELES COUNTY ~ ; My Commission Expires March 21, 1983 I 1I11II1MlIIlllllttllllllt,"m.UlIlllllllll1l11l1ll'",,,,UIIIUlllllllIIllIl''''',,,,j."''''''''',,'''UIWllii (Official Notarial Seal) ....J~'::'.'_..". ..fr' f;' , " 79-1219180 ","iJ ACA 8/79 Limited Partnership ,"{ I , \ ~..{ , " , ~~,Y .' To;:,!,,"," , ,. '0- ';1).2, y STATE OF CALIFORNIA @ ss. ) ) ) On this ,..8.1 day'of .:~ 1911-, .befoi~ me, the undersigned, a Notary Public in and for said County and State, personally appeared Liaw Mei-Lee Liu, General Partner known to me to be the.yerson whose name is subscribed to-the,- ,- within instrument; ,known-to me to be one of the general partners of the limited partnership that executed the within instrument on behalf of the limited par~nership named, and acknowledged to me that said limited partnership executed the same. COUNTY OF LOS ANGELES WITNESS my hand and official seal. 1:rlllltlllllIIlUllllllrrrrIllUII'''IlII1'' '''''un ~~ tlUlllllrrrnrnIlIIUUl1UlrlllllIIrlUllr""""'llrllrrt. ~ - , OFFICIAL SEAL ~ h .~ MARY V, SILVA , ~ NOTARY PUBLlC.CALIFORNIA ~ ~ .. " , ,LOS ANGELES COUNTY g ยท My Commission Exp M h i ..HlUmlllllllUHllllltllIlUH....lllllUIIIIIllIII" Ires arc 21. 1983 ~ .'IIIIIIIIIlIIlUIII............".............''''..''lllif (Official Notarial Seal) ; 1- Ill'" I go ACA 8/79 Limited Partnership ~ ,j STATE OF CALIFORNIA .- J ss. COUNTY OF LOS ANGELES O~ ~~ , 1979, before me, the undersigned, a Notary Public in an for said County and State, personally appeared Lyle W. Alberg, known to me to be the City Manager of the City of Arcadia, a MuniQipal Corporation, the Corporation that executed the within instrument on behalf of the Corporation herein named and acknowledged to me that such Corporation executed the same. WITNESS my hand and official seal. ~' . OFFICIAL SEAL ... . CHRISTINE VAN MAANEN ~ , . NOTARY PUBLIC. CAltFORNIA , lOS'ANGELES COUNTY My comm. 1IXjl1,.. JUN 27, 1983 .. 1/40 W, Hunllnrton D,i;;;;;;,:cA alo06"'-"l " , '79-1219180 .~ " ., , ~ .Q"", ~'.':~~'" t:"o,..""...ta. ot-1.~. ~'I!l' ~;" .. .' --= '79-1219180 CERTIFICATE OF ACCEPTANCE This is to certify that the interest in real property conveyed or transferred, ' to the City of Arcadia, a Municipal Corporation, by the deed, grant, conveyance or instrument dated All\111st 31. 1979 ' , from or executed by Four"Seasoilihvestment --Ojmpanv,:;'a California* , is hereby accepted by the City of Arcadia by the order or authorization of the City Council of the City of Arcadia, contained in Resolution No. 2963, adopted January 21, 1958, and recorded in the office of the Recorder of Los Angeles County on January 29, 1958, as instrument No. 3069 in Book 56448, Page 264, Official Records of Los Angeles County; and the City of Arcadia consents to the recordation thereof by its duly au rized officers. a$;:/1~ City Engineer document thus described is h"c"h, '"CO""' .~~.(-- Ci tt rney * Eimited Partnership '~ ~ '< "~'.-'