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HomeMy WebLinkAbout1977-031897RECORDING REQUESTED BY ANp:R[TURN T0: Ines A. del Campo, City Clerk )~` CITY OF ARROYO GRANDE P. O. Box 550 Arroyo Grande, Calif. 93420 and YVONNE L. SMITH COVENANT RUNNING WITH LAND This agreement entered into between Larrv F. Smith husband and wife, of 205 S. Halcyon Road, Arroyo Grande, Ca. , hereinafter called owners, with the City of Arroyo Grande, a municipal cor- poration, hereinafter called City, is entered into in consideration of the following facts: 1. Owners are the owners of that certain house and lot being all that Land described in that Contract of Sale of Real Property recorded in Volume 1976 at Page 397 of Official Records of San Luia Obispo County. of the Ci*_y of Arroyo Grande, commonly known as 205 S. Halcyon Road Yvonne L. Smith 2. City's Municipal Code Section 6-6.503 provides for no sewer ser- vice connection until owner has paid a se;:er charge or crt~red 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 013113®F Ed~QCARECR ~; - -^ ooc. No. 3189'7 ' OFFICIAL RECORDS SAN LUIS OBISPO CO., CAL J~UpRNpE3 01577 WILLIAM E. ZIMARIK COUNTY RECORDER T1ME ___ ~ : ~ o ~ Arroyo Grande, California. $981.55 in 10 equal installments commencing July 1 , 19 78 , together with interest thereon, owners are granted a permanent right to connect to said newer. In consideration of the foregoing, Larry F. Smith and ~w/ << i _. hereby agree to pay to the City of Arroyo Grande at the City Hall, Arroyo Grande, California, the principal sum of $981.55 together with seven pez cent interest on the unpaid balance of said sum. Said principal sum will be paid in 10 equal payments in the amount of $139.75 , with the first payment due Julv 1, 1978 and each payment thereafter due on Julv 1 of each year until said sum is paid in full. The owners may, at any time until said sum has been fully paid, pay all or any portion of said obligation in excess of the Suez due at the time of the July 1 payment. In the event that owners fail to make any payment as it falls due, the entire unpaid balance of said a~ due to the City of Arroyo Grande shall become immediately due and payable at the voE19~1 PAGE 31O ~ _ a v LI election of the City; and if it ie necessary for the City to initiate legal proceedings to collect any sums due under this agreement, owners agree to pay such amount as the Court deems reasonable on account of attorney's fees. This agreement is set forth as a covenant running with the land and expressly binds the owners, their heirs, successors, and assigns. DATED: ~.` e{ Q / 17y ---I STATE OF CALIFORNIA ) sa. COUNTY OF SAN LUIS OBISPO ) City of Arroyo Grande .~. . .-~~ Owners of real property commonly referred to as 205 S. Halcyon Road Arroyo Grande, California On June 2$ 1922, before me, the undersigned, a Notary Public in and for said State, personally appeared T.eRm F_ ~rrmFr and YVOIg1E L. ~QTH , known to me to be the persona whose names are subscribed to the within instrument and acknowledged that they executed the same. WITNESS my hand and offical seal. -------------~o BARBARA W. WOOD NOTARY PUBLIC ~? ~ PRINCIPAL OFFICE IN (~~ / / COUNTY OF SAN LUIB OBISPO T,I~~ ~A/CiLD-~ CALIFORNIA MY COMMISSION EXPIgES OCT. 0. 19 ]] BARBARA W. WOOD END OF DOCUMENT ~~0~1991 PA~E311' YVO L. SMITH EN~ x