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HomeMy WebLinkAboutD-2213 .. ":.:z. . . D ;:J...,. , , '. ,'\, ~ 212160 RECORDING REQUESTED BY AND RECORDED IN OFFICIAL RECORDS WHEN RECORDED MAIL TO: RECORDER'S OFFICE LOS ANGELES COUNTY City Attorney CALIFORNIA City of Arcadia 1 MIN, 4 P,M. FEB 251985 240 West Huntington Drive PAST. 1 FEE $9 3 M 1 Arcadi a. Ca 1 Horni a 91006 l COVENANT AND AGREEMENT TO DEVELOP AND HOLD PROPERTY AS ONE PARCEL FOR GOOD. VALUABLE AND ADEQUATE CONSIDERATION. receipt of which is hereby acknowledged. Ron Taylor Construction. Inc.. a California Corporation. hereinafter referred to collectively as "Covenantors". hereby declare they are the owners 6f that certain real property located at 11625 Goldring Road in the City of ArcaJia. County of Los Angeles. State of California. legally described as follows: Lots 1583 through 1589 of Chicago Park. in the City of Arcadia. in the 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 sa i d County, 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 contiguous to the Affected Land. and on behalf of and for the benefit of the "Benefitted Land" which consists of and includes all the p,ublic 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 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 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 helrs. 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 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. . " COUNTY OF LOS ANGELES ). ) ) ., . J ," . 5T ATE OF CALI FORN IA ,/ ON J~ 7, 19 f> before me, the undersigned, a Notary Publ ic in and for said County and State, personally appeared GEORGEnJ. WATTS, Known to me to be the City Manager of ~he City of Arcadia. a Municipal Corporation, the Corporation that executed the within instrument on behalf of .~he Corporation herein named and acknowledged to me that such. Corporation executed the same. Witness my hand and official seal. OfFICIAL SEAL CINDY L. ROWE N01~ry Pubhc Cahjornta PnnCloal Office In ' L(l~ }\n!!cles County My Comm. Exp Feb. 13, 1988 85 212160 . ; ~rryY Y, " " t .. a: .. '" .. i! ~ Ii ~ I ~ . CAT. NO. NN00737 TO 1945 CA (7-82) (Corporation) STATE OF CALIFORNIA } COUNTY OF LosAnge 1 es ss, On February 7, 1 985 before me, said State, personally appeared Ro n I a y lor personally known to me or proved to me on the basis of satisfactory evidence to be the perso.n who executed the within instrument as the Pres 1 dent President, and personally known to me or proved to me on the basis of satisfactory evidence to be the person who executed the within instrument as the Secretary of the Corporation that executed the within instrument and acknowledged to me that such corporation executed the within instru- ment pursuant to its by-la or a resolution of its board of directors, WITNESS my hand and offi 1 IIfII TIl\.E INSURANCE ~ ANDTRUST It. T1COA CDUMNY the undersigned, a Notary Public in and for Signature ................. . ............ . , I . ...... ... l+.. 0 orFICI~L SEAL . t ,..~ "', PATTY A. MULLEN ; ,. :l ... ~~ Notary PLlblic.Cal1forma ~ i.. Co . "..:. PrinCIpal Office In : ~ ~ Los Angeles County . , ." My Comm Exp. Jan. 18, 1989. "tIn')<' . .. -~.~..............~ ., ............-..........-~ (This area for official notarial sean ~. . 1/ . 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 de- cision 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, Covenantors have executed this instrument on the date shown opposite their signatures. "COVENANTORS" Dated: '2 ~ 7. '6~- (J: Rgfr:!Lsident " ~ Ron Taylor Construction, Inc. Dated: eX - cG" -cPJ "COVENANTEE" City of Arcadia By, g~P'~- ,.{l'eo g. s City Manager . Approved as to Form: 85 Z12160 ~~o{1L ~~~ City Attorney ;-..#< " , ::.l .. .