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EXHIBIT G
RECORDED IN OFFICIAL RECORDS
OF LOS ANGElES COUNTY, CA.
JUN 14 1990 AT 8 A.M.
Recorder's Office
Recording Requested by:
City of Arcadia
When Recorded Mail to:
240 W. Huntington Drive
Arcadia, CA 91007
{FEE $11 N]
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COVENANT AND AGREEMENT
THIS Covenant and Agreement (the
entered into this 21st day of Mav
TRW Technar Inc. ("Covenantor") and
municipal corporation ("City").
"Agreement") is made and
1990 by and between
the City of Arcadia, a
RECITALS
A. Covenantor is the owner of the following described real
property:
1. 215 N. SECOND AVENUE
(the "Development Parcel")
LOTS 17 AND 18 IN BLOCK 79 OF "A PART OF 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.
EXCEPT THE SOUTH 28.00 FEET OF SAID LOT 17.
ALSO EXCEPT THAT PORTION OF SAID LAND DESCRIBED IN THE DEED
TO THE CITY OF ARCADIA, RECORDED JUNE 19, 1970 AS INSTRUMENT
NO. 21, RECORDS OF SAID COUNTY.
2. 205 N. SECOND AVENUE
(the "Business Parcel")
LOTS 16 AND 17 IN BLOCK 79 OF "A PART OF 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.
EXCEPT THE NORTH 27.00 FEET OF SAID LOT 17.
B. All of the foregoing real property is subject. to that
certain Agreement to Purchase and Develop entered into by and
between the Arcadia Redevelopment Agency and the Covenantor dated
, "
{'-,
Mav 21
, 1990, which is incorporated herein by reference.
C. In consideration of the City's grant of a building permit
to construct a parking lot on the Development Parcel and further
for the purpose of providing assurance of adequate parking for the
Business Parcel consistent with standards and requirements in the
ci ty I S Zoning Ordinance, pursuant to Arcadia Municipal Code Section
9269.6, Covenantor hereby covenants and agrees as follows.
AGREEMENT
1. The Covenantor covenants and agrees that the Development Parcel
shall be used for the purposes of providing parking for the benefit
of the Business Parcel, and that a minimum of twenty (20) spaces
shall be maintained, kept, and used on the Development Parcel
exclusively for vehicle parking for the benefit of the Business
Parcel.
2. The Covenantor covenants and agrees that parking spaces on the
Development Parcel shall at all times be kept open and unobstructed
for access for vehicle parking.
3. The Covenantor further covenants and agrees that all
improvements on the Development Parcel including without
limitation, paving, landscaping and other structures, shall at all
times be maintained in a first-class condition, weed-free, and so
as not to constitute a nuisance under the Arcadia Municipal Code.
4. The Covenantor understands that this Covenant and Agreement
shall promptly be recorded in the Office of the Recorder for the
County of Los Angeles.
5. The Covenantor further understands and agrees that the City of
Arcadia is the owner of interests in rights-of-way abutting both
the Development Parcel and the Business Parcel and, therefore, has
an interest in and derives benefits from the covenants made by the
covenantor herein.
6. This Covenant and Agreement shall run with the land, shall be
binding upon Covenantor, its heirs, successors, assigns, and
encumbrances, and shall inure to the benefit of, be enforceable by
and may be released only by both the owner of the Business Parcel
and by the city. '
90 1006568
2
A-,
APPROVED AS TO FORM:
COVENANTOR:
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Corporate Attorney
Kenneth L. Walker, Sr. Counsel
TRW Technar
May 8, 1990
Date
May 8. 1990
Date
STATE OF OHIO )
) SS
CXXlNl'Y OF CUYAHCGA )
(Notary Acknowledgement)
May 21, 1990
Date
Date
APPROVED AS TO FORM:
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City Attorney
(Notary Acknowledgement)
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90-1056568
3
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STATE OF CALIFORNIA
ss.
COUNTY OF LOS ANGELES )
On \i1 A,_ Gt1 ' 19~q before me, the undersigned, a Notary
publi; ~~d for said County and State, personally appeared
Georqe J. Watts , known to me to be the City Manager of the City
of Arcadia, a Municipal 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.
f.............. . . t I . . . , ~ I . , . . . ......
@..~ .~ OfflC!Al SEAL i
.~ ; CINDY L. ROWE
1 t~, if): /NOT"R'Y PUBUC.CALlFORNIA
'\. PRINCIPAL OFFICE IN
. ~.....,.. LOS ANGELES COUNTY
L My Commission ['Pires Mar. S, 1992
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(Official Notarial Seal)
90_1056568