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86
159247
1
,: RECoRDED IN OFFICIAL RECORDS
.A RECORDER'S OFFICE
.. LOS ANGELES COUNTY
CAlIFORNIA
'l.' ~~~T. 11 AM. FEB 6 1986
RECORDING REQUESTED BY AND
WHEN RECORDED MAIL TO:
City Attorney
City of Arcadia
240 W. Huntington Dr.
Arcadia, CA 91006
COVENANT AND AGREEMENT TO DEVELOP
AND HOLD PROPERTY AS ONE PARCEL
I FEE $7
I
2
, I
FOR GOOD, VALUABLE AND ADEQUATE CONSIDERATION, receipt of
which is hereby acknowledged,
OROCOPIA DEVELOPMENT CORP., INC.
hereinafter referred to collectively as "Covenantors" , hereby
declares to be the owners of that certain real property located
at 119, 121 and 127 La Porte Street in the City of Arcadia,
County of LOS Angeles, State of California, legally described as
follows:
Lots 5, 6 and 7 of Block 83 of part of Arcadia
Santa Anita Tract, as per map recorded in Book IS,
Pages 89-90 of Miscellaneous Records 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.
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. R E eEl V E D
MAR 3 1986
CITV OF ARC...OIA
ClTv""\~fll(
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State of
County of
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86-, 159247
OFFICIAL SEAL
NORMA L THORNBERG
NOTARY PUBLIC - CALIFORNIA
LOS ANGELES COUNlY
My comm, expires MAY 16, 1938
GENERAL ACKNOWLEDGMENT FORM 7110052
On this th
~ t.
.'
19..f6. before me,
the undersigned Notary Public, personally appeared
(}~~~W~~,
(persOnallY known to me
o proved to me on the basis of satisfactory evidence
to be the person(s) whose name(s) ~ subscribed to the
within instrument, and acknowledged that ';/..... executed It.
WITNESS my hand and fficial eaL ,
NATIONAL NOTARY ASSOCIATION. 23012 Ventura Blvd.. Woodland Hills, CA 91364
IN WITNESS WHEREOF, Covenantors have executed this
instrument on the date show opposite their signatures.
'1/
Dated:
Dated: 1J!t?
Dated: /~ ,;7~~(Pt:
APPROVED AS TO FORM:
?!l~!iflJ~
City Attorney
r
,
.
I
"COVENANTORS"
OROCOPr.~ D~VELOPMENT' CORP, INC.
BYX ~f
Wlnlfred . Kruger
Chief E~ecutive Office
"COVENANTEE"
City of Arcadia
By
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86- 159247