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HomeMy WebLinkAboutD-2563 99~22-3~'617 . "'\ RECORDEDIFILED IN OFFICIAL RECORDS RECORDER'S OFFICE ' LOS ANGELES COUNTY CALIFORNIA ..fA 11:21 AM DEe 03 1999 - SPACE ABOVE THIS LINE RESERVED FOR RECORDER S USE -, TITLE(S) /hId 60ldnEJ FEE N/A N/A 0 20 9_ 19 04 19 CODE REC NO NO PCOR DA SURVEY NOTIF INVOL NON FEE PAGES TITLES FEE MON LIEN CONF, lR EXAMINER S INT, D Assessor s Identification Number (AIN) To Be Completed By Examiner Or Title Company In Black Ink Number of Parcels Shown ITD . . Rft'IaIonNurnblr 99-2234616 RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City Attorney City of Arcadia P. O. ~ox 60021 Arcadia, CA 91066-6021 r\ OA FEE Code 20 _ tFEE :i ~ 2.00 COVENANT AND AGREEMENT TO DEVELOP AND HOLD PROPERTY AS ONE PARCEL FOR GOOD, VALUABLE AND ADEQUATE CONSIDERATION, receipt of which is hereby acknowledged, DAPONT, LP hereinafter referred to collectively as "Covenantors", hereby declares to be the owners of that certain real property located at 11877 Goldring Road in the City of Arcadia, County of Los Angeles, State of California, rnore particularly described as follows: Lots 1641 through 1654, inclusive, of Chicago Park Tract, in the City of Arcadia, County of Los Angeles, State of California, as Per map recorded in Book 30 Page 100 of Miscellaneous Records, in the office of the County Recorder of said County. Except therefrom the Southerly 5.00 feet of Lots 1641 through 1654, inclusive. ALSO EXCEPT therefrorn that portion as granted in a Quitclaim Deed to the City of Arcadia, recorded March 12, 1974, as Document No. 2559. All of which 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 contiguous to the Affected Land, and on behalf of 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 99 2234616 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 legally divided until released in writing by the City of Arcadia. Any atternpt 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 cornpetent court to set aside and have declared null and void such atternpted sale, conveyance or assignment. In the event of such legal actions, Covenantors or their successors or assigns shall be liable for the reasonable attorneys' fees of Covenantee. 2. This Covenant and Agreement is for 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 Agreernent shall run with the land and shall be binding 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 Agreernent. 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 Agreernent. 2 99 2234616 IN WITNESS WHEREOF, Covenantors have executed this instrurnent on the date shown opposite their signatures. "COVENANTORS" DaPont, LP Dated: /l/tO ,1999 ~ 4..<;>, Si ture fl<~sr/)ENT Title "COVENANTEE" City of Arcadia ~,~ ,1999 ~ William R. Kelly City Manager Dated: APPROVED AS TO FORM: ~p~ Steuhen p. Deitsch City Attorney 3 County of UJJ M ~'5-'S On (//10 / f J before me I DATE I I personally appeared J ' NAME, TI=€~':t, E GI;. ~O:ARY PUBLIC' Ih-rl 1111;if, /ler:r- - NAME(S) OF SIGNER(S) o personally known to me - OR - 0 proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and ac- knowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies). and that by his/her/their signature(s) on the Instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. ).....--A:..:..___.....AA.t ~fj'" RUBY TSAI " O'~ COMM # 1197536 :lo C)..o : "' NOTARY PUBLlC.CALlFORNIA CJ ~ LOS ANGELES COUNTY () 1 ~ Ie ,,' COMM EXP OCT 13,20;:12 .... #__.______v___l THIS CERTIFICATE MUST BE ATTACHED TO THE DOCUMENT DESCRIBED AT RIGHT, WITNESS my hand and official seal. ~EOFNOTARY ~ !TION TITLE OR TYPE OF DOCUMENT NUMBER OF PAGES Though the data requested here IS not reqUired by Jaw, It could prevent fraudulent reattachment of thIS form. SIGNER(S) OTHER THAN NAMED ABOVE DATE OF DOCUMENT CAPACITY CLAIMED BY SIGNER Though staMS does not require the Notary to III In Ihe data below, dOing so may prove I aluable to persons relymg on the document TlTLE(S) o PARTNER(S) 0 LIMITED o GENERAL o ATTORNEY-IN,FACT o TRUSTEE(S) o GUARDIAN/CONSERVATOR o OTHER: SIGNER IS REPRESENTING: NAME OF PERSONIS) OR EHTll'1jlES) DII PdJT, /., P , =1993 NATIONAL NOTARY ASSOCIATION. 8236 RemmetAve.. POBox 7184. Canoga ParkJ CA 91309.7184 ~ 22.'14616