HomeMy WebLinkAboutD-2345
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RECORDING REQUESTED BY AND
WHEN RECORDED MAIL TO:
City Attorney
City of Arcadia
240 W. Huntington Dr.
Arcadia, CA 91006
RECORDED IN OffiCIAL RECORDS
RECORDER'S OfFICE
LOS ANGELES COUNlY
CALIFORNIA
MIN. 1 PM,OEC 10 1987
31 PAS..
I 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,
LITTLE REB, INC" A California Corporation
hereinafter referred to collectively as "Covenantors", hereby
declare they are the owners of that certain real property located
at lO-l2 South Santa Anita Avenue, 6 E. Huntington Drive, lO, E.
Huntington Drive and l4 E. Huntington Drive in the City of
Arcadia, County of Los Angeles, State of California, legally
described as follows:
Lots 31, 32, 33, and 34, Block 73 of Arcadia Si?nta
Ani ta Tract, as per map recorded in Book l5 Page's 89
~nd 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") ori 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
consiGts of and includes all the public and private land located
within 500 feet of the Affected Land, as follows:
l. 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\~o bring an action in a competent court to set aside
and h~ve 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 benef it of the
affected land 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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: @ OFFICIAL SEAL :
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: . PATSY LEISURE :
: -1>1 NOTARY PUBUC-CAUFORNIA :
: ~~ , NOTARY BOND FILED IN i
: ' . LOS ANGELES COUNTY " .
: My Commission Expires May 1. 1989 :
...................................:
NU. 20~
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On this the ;2n.{ day of
DE<!.Er11..t5Ete.
19n, before me,
PArS"f .L...Er ~ U rfG
the undersigned Notary Public, personally appeared
Tl-kni/9.s /=" Tt,f,{I/1c..e-, ;;t.."cteG!:> .:r. t</9'::'U'I'J>1/1b
l'9A1o oJ'ff.ffJ€..s ?) ~ToR.DI'/~
Ji( personally known to me
o proved to me on the basis of satisfactory evidence
to be the person(s} who executed the within instrument as />RES,2>6 ~
S..-c:/7;('E>9S. fiAfb 1/1c.E Mp6~fu,~half of the corporation therein
named, and acknowledged to me thaI the corporation executed it.
WITNESS my hand and official seal.
4T.1~ 4z~~" A, J
Notary's Signat 'e
712Q122
NATIONAL NOTARV ASSOCIATION. . 23012 Ventura 6Ml. . P.O. BG'l 4625. -Woodland HII\~. CA 91364 .
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4. If any section, subsectLon, sentence, clause, phrase or
portion of this Covenant and Agreement Ls for any reason held to
be invalid or unconstLtuUonal 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
instrument on the date shown opposite their signatures.
this
"
"COVENANTORS"
LITTLE REB, INC. '
A California CorporaUon :;"
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Dated: /;l. -;2-17
B~&--~. -' :--"
Thomas F. Turiace, President
Dated: 1;2-.;;2..-77
BY~~4~/~~~_
fr J. 1 adino, Secy/Trea
Dated: /,;2.-,;2 -F7
BY~h fi'~1/~
mes D. Jor an Vice President
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"COVENANTEE"
City of Arcadia
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Dated: /'R?-'?-J?7
APPROVED AS TO FORM:
fILii ljpdP-
City Attorney
87-1958012
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