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RECORDING REQUESTED BY
WHEN RECORDED MAIL TO:
City Attorney
City of Arcadia
240 W. Huntington Dr.
Arcadia, CA 91006
AND
RECORDER'S OFFICE
LOS ANGELES COUNTY
CALIFORNIA
31 ~1~T. 8 A.M. NOV 15 1985
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J FEE $ 7
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COVENANT AND AGREEMENT TO DEVELOP
AND HOLD PROPERTY AS ONE PARCEL
FOR GOOD, VALUABLE AND ADEQUATE CONSIDERATION, receipt of
which is hereby acknowledged,
A. F. INCORPORATED
hereinafter referred to collectively as "Covenantors", hereby
declares to be the owners of that certain real property located
at 318 and 320 E. Foothill Boulevard in the City of Arcadia,
County of Los Angeles, State of California, legally described as
follows:
Lots 10 and II in Block "A" of Tract No. 7723 as
per map recorded in Book 93, Pages 41 and 42 of
Maps in the office of the Los Angeles County
Recorder.
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 public and private land located
within 500 feet of the Affected Land, as follows:
I. 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, conveyence 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 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
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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STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
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WTC WORLD TITLE COMPANY
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FOR NOTARY SEAL OR STAMP
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85-1358910
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OFFICIAL SEAL
BeCKY ADAMS
NOTARY PUBLIC' CALIFORNIA
LOS ANGElES COUNTY
My comm. ..pires MAR 21, 1986
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On NOVEMR",R Lt.. IQ85 before me,
the undersigned, a Notary Public in and for said County and
State, personally appeared GARV ARNDT
personally known to me (or proved to me on the basis of
satisfactory evidence) to be the 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
Secretary on behalf of the
corporation therein named, and acknowledged to me that such
corporation executed the within instrument pursuant to its
bylaws or a resolution of its board of directors.
Signature~.AJ ~
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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 of this Covenant and
Agreement.
IN WITNESS WHEREOF, Covenantors have executed this
instrument on the date show opposite their signatures.
"COVENANTORS"
A. F. INCORPORATED
Dated://_ /L/.~r
Dated: //-/0~
"COVENANTEE"
City of Arcadia
BY~~
<;eo g. s
City Manager
APPROVED AS TO FORM:
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II~lchae H. Miller
City Attorney
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