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HomeMy WebLinkAbout1976-043709RECOR~ING REQUESTED ' B`~ Atvr+RETURN T0: Ines A. del Campo, City Clerk CITY OF ARROYO GRANDE "' P. O. Box 550 ~•royo Grande, Calif. 9347' e 7 ~ 14Y2a~ DQNOO:NcaRECR ooc. No. 43'709 OFFICIAL RECORD6- SAN LUIS OBISPO CO., Cltt fi£T 2 ~197fr COMPRRFA WILLIAM E. ZIMARIK COUNTY RECORDER TIME 1 5 5 P M COVENANT RUNNING WITN LAND This agreement entered into between an3 Daring, Taylor and Associates, Inc. of 141 So. Elm St., Arroyo Grande, Ca. 93420 , hereinafter called owners, with the City of Arroyo Grande, a municipal cor- potation, hereinafter called City, is entered into in consideration of the following facts: 1. Owners are the owners of that certain house and lot being that property described in that certain deed recorded in Volume 1422 at Page 580 of Official Records of San Luis Obisoo County. of the City of Arroyo Grande, coswonly known as 141 S. Elm St. Arroyo Grande, California. 2. City's Municipal Code Section 6-6.503 provides for no sewer ser- vice connection until owner has paid a sewer charge or entered into an agreement in writing to do so. 3. In consideration for the owners agreeing to pay to the City of Arroyo Grande the sum of $1,943.43 in 10 installments commencing July 1 19 77, together with interest thereon, owners are granted a permanent right to connect to said sewer. In consideration of the foregoing, Daring, Taylor & Associates, Inc. hereby agree to pay to the City of Arroyo Grande at the City Hall, Arroyo Grande, California, the principal sum of $1,943.43 together with seven per cent interest on the unpaid balance of said sum. Said principal sum will be paid in 10 equal payments in the amount of $276.70 ~ with the first payment due Jul 1, 1977 and each payment thereafter due on July 1 of each year until said sum is paid in (~ full. The owners may, at any time until said sum has been fully paid, pay all or any portion of said obligation in excess of the sum due at the time of the annual payment. In the event that owners fail to make any payment as it falls due, the entire unpaid balance of said sum due to the City of Arroyo Grande shall became immediately due and payable at thn cvo~1931 PacE93Q ~ ! ~/ ~ ~ `/ /D-S-S election of the City; and if it is necessary for the City to initiate legal proceedings to collect any sums due under this agreement, owners agree to pay such amount as the Court deems reasonable on account of attorney's fees. This agreement is set forth as a covenant running with the land and espre.asly binds the owners, their heirs, successors, and assigns. t?AT$i: C~~GEOIrJ /O /T_-_ 97b City of Arroyo Grande ;~~~ .,~ - Owners of real property connnenly referred to as 141 S. Elm Street Arroyo Grande, California Garing, Taylor & sociates, Inc. ~ ~`/~ OWNER Garin Taylor & Associates, Inc. Oti ER ro xae ~ (Corporation) TI O STATE OF CALIFORNIA COUNTY OF Sari Luis Obispo } Ss. On OCt Ober 18, 1976 before me, the undersigned, a Notary Public in and for said State, personally appeared Robert S. Garing, Jr. w known to me to be the President, and Samuel L. Taylor - ` ti known to me to be Vice President gray of the corporation that executed the within Instrument, - known to me to be the persons who executed the within - w - J Instrument on behalf of the corporation therein named, and tnnnnunwnwnunnnnm'aa'~"amm~mummnnnnnninmm~nnm,mm~mmnm acknowledged to me that such corporation executed the within a OFFICIAL SEAL a ~ instrument pursuant to its by-laws or a resolution of its board MP RJORY 'A EMENS , . of directors. _ P NOTARY PUBLIC CALIFORNIA WITNESS my hand and official seal. PRINCIPAL OFFICE IN - - SAN LUIS OBISPO COUNTY _ ° ~ My Commission Expires Dec. 1.'i, 1978 Signature ~,wnnnnuuu ~ nmxnnnnnnnw,nnuuwnumxnaunwwwwwmwnnmm~mnwx MARJORY A. NS Name (Typed or Printed) (This area for olfleial notarial aean `j ~~J W ~ ~ ~ocuM~uT EYO~1931 P~ce931 .. ~ ~~ ,t_ :. .. _ :: . _-