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HomeMy WebLinkAboutD-2282 '00 ~ 't~ I IV':! ( RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City Attorney City of Arcadia 240 W. Huntington Dr. Arcadia, CA 91006 RECORDED IN OFFICIP.L RECORDS RECORDER'S OFFICE LOS ANGELES COUNTY 'A. CALIFORNIA 31 ~~To 9 A.M. NOV ..3 1986 COVENANT AND AGREEMENT TO DEVELOP AND HOLD PROPERTY AS ONE PARCEL 01 FEE $7 ~ - ) receipt of --2 0 II FOR GOOD, VALUABLE AND ADEQUATE CONSIDERATION, which is hereby acknowledged, BENITO VELASQUEZ AND ANTONIA MIRANDA VELASQUEZ, Co-Trustees of the Velasquez Family Trust ,hereinafter referred to collectively as "Covenantors", hereby declares to be the owners of that certain real property located at 11636 Goldring in the City of Arcadia, County of Los Angeles, State of California, more specifically described as follows: Lots 1820, 1821, 1822, 1823 and 1824 of Chicago Park, in the City of Arcadia, as per map recorded in Book 30, Page 100 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 benef~t 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: 1. The Affected Land shall be held and developed as one p~rcel for the purpose of Planning and Building regulations and no portion thereof shall be voluntarily or involuntarily sold; conveyed or assigned separately or legally divided unless and 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, Covenantois or their successors or assigns shall be liable for the reasona91e 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. .~ STATE OF CAUIFORNIA COUNTY OF II ~LoS Angeles On Oct ~ 27, 1986 SSe Rio -/t{1"J?rFf J saId State, personally appeared Benito , before me, the undersigned, a Notary Public in and for Velasquez and Antonia Miranda Velasquez r, personally known to me (or proved to me on the basis of II satisfactory evidence) to be the person(s) whose name(s) isfare subscribed to the wIthin instrument and acknowledged to me that he/shelthey executed the same. II , WITNESS my ha ;' \. --- Signatur! . SF423-4 (REV A. 7182) (eA) (INDIVI @'OFFlCIALSEAL -. PATRICIA RODRIGUEZ ..,,; .. Notary Public California S PrinCIpal Office In . Los Angetes County .. . ' My Comm. Exp. Dee, 9, I QS8 (This area for official notarial seal) ',. ./ 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" Dated: I(}rd 7~ f? Byibf.~J!:{~ Dated: /0/87/ it By A51 @ OFFICIAl SEAl . PATRICIA RODRIGUEZ .. -,,; Notl~ PU~le C.hfOfI'lI. Princio.1 Offl(' ll'l . l4lo An",.. COllnfv MV Comm. Ell', Oec. 9, IQS8 1111111 rf -rT.J I....~.~,.. UCa/'~ i M~ran a "COVENANTEE" City of Arcadia Dated: /0 -07~~,j-C APPROVED AS TO FORM: !!J:d1 /!'J~&K 86-1497704 City Attorney ) ! -2- \ , .