HomeMy WebLinkAboutD-2537
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97-1572700
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RECORDING REQUESTED BY AND
WHEN RECORDED MAIL TO:
City Attorney
City of Arcadia
240:W. Huntington Drive
; ;Arcadia, CA 9100.6
RE R ED I I
RECORDER'S OFFICE
LOS ANGELES COUNTY
CALI1'OANtA
8:04 AM OCT 09 1997
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OAF $2
C-20 3
FOR GOOD, VALUABLE AND ADEQUATE CONSIDERA nON, receipt of which
is hereby acknowledged, NCPF Code 19 $ q,"
COVENANT AND AGREEMENT TO DEVELOP
AND HOLD PROPERTY AS ONE PARCEL
P
CARL W. REINHARDT AND ASSOCIATES, INC., a Corporation
hereinafter referred to collectively as "Covenantors", hereby declare to be the owners of that
certain real property located at 26-30. La Porte Street in the City of Arcadia, County of Los
Angeles, State of California, legally described as follows:
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The North ISO. feet of Lot 25 and the North 130. feet of Lot 26, Block
80., Arcadia Santa Anita Tract, in the City of Arcadia, County of Los
Angeles, State of California, as per map recorded in Book 15, Pages 89
and 90. of Miscellaneous Records in the office of the County Recorder of
said County.
All of which is hereinafter referred to collectively as the "Affected Land" attached as Exhibit
"A" and incorporated as part of the Covenant and Agreement 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 50.0. 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 legally
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 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 hdrs, successors and assigns of the owners ofthe Benefitted Land,
and this Covenant and Agreement 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 Agreement.
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ORE.c:.o.-l
State of e~lif:l~ta
County of 3"....""1'1-.."'....
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On A l\.1.....~-t ;l. S I I"lCl, before lie, E vI>, Nl. SAb ;"-1
personally appeared e....., w. "'Fc.; '" 1,......1.+ "s (!.ho.l'~A.~ ~f.
c....., w. '""R...:.. h".,.At _"- Qssoc .....tL' "INCo.
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personally knOIl1l to me (or proved to lie on the basis of satisfactory
evidence) to be ~he person (.8) whose name t4') is/e-re subscribed to tbe. wi thin
instrument and acknowledged to me that he/she/they executed the same in .
his/her/their authorized capac1tyH-e1t-l, aDd that by his/ller/their
signature ('8i on the instrument the person (.e-), or the entity upon behalf of
which the person (.s1 acted, executed the inatrumeDt. :.:. 5727'00
WITNESS my hand and official seal.
Signature
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. OFFICiAl SEAL
EVA M. SABIN
NOTARYPUB~REGON
COMMISSION NO. 039954
MY COMMISSION EXPIRES JAN. 30, 1999
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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 ofthis Covenant and Agreement.
IN WITNESS WHEREOF, Covenantors have executed this instrument on the date
shown opposite their signatures.
"COVENANTORS"
Carl W. Reinhardt and Associates, Inc. A Corporation
Dated: S-.2.r-rt-1
rZu/1b.;f2u.Jr..... N" ~ a-.... L4
Carl W. Reinhardt, Chairman
"COVENANTEE"
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William R. Kelly
City Manager
APPROVED AS TO FORM:
W::fii! mPJ2
City Attorney
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