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HomeMy WebLinkAboutD-1076 Industrial Wy-Guarantee Reconstruction Recorded 02/08/1980Recording, Requested By: CITY OF SAN LUIS OBISPO When Recorded Please Return to: Cut CLER$'9 omeg City of San Luis Obispo P.O. Box 321 SCM Lune Obispo. CA 93401 AGREEMENT AFFECTING REAL PROPERTY 'COVENANT TO GUARANTEE RECONSTRUCTION OF PUBLIC `' IN CASE OF CHANGE OF USE . t V' •�nn.rf ' ooc. NO. � OFFICIAL RECORDS SAN LUIS OBISPO CO., CAI. FEB 81980 WILLIAM E. ZIMARIK COUNTY RECORDER TIME ` $10 Jr STREET PN WHEREAS, the City of San Luis Obispo granted a use permit (U455) for a restaurant on subject site in the M (manufacturing) zone requiring improvement of adjacent streets, and WHEREAS, the City acknowledges that the pavement standard for the improvement of Industrial Way (Traffic Index of 7.0) which serves only the subject property is excessive for the approved restaurant use; and WHEREAS, the City agrees to permit the owner of said property to construct the improvements to said street with a lesser standard pavement (Traffic Index 5.5) with the understanding that the street will be reconstructed upon a change of use to the property to conform to requirements applying to the new use, FOR AND IN CONSIDERATION of this approval to construct street pavement improvements within Industrial Way, the undersigned owners of the real property hereinafter described, hereby covenant with the City of San Luis Obispo to remove said improvements without cost to said City upon thirty (30) days written notice and to reconstruct said street (between Sacramento Drive and the Southern Pacific Railroad R /W) to comply with a Traffic Index of.7.0, required for an industrial street as required by the City Engineer. If.the owner does not comply with this condition, when requested by the City, City may proceed to cause said work to be done and to.,assess the cost of said removal against the real property described herein. Said property is located in the City of San Luis Obispo, County of San Luis Obispo, State of California, and is described as follows: 1. APN 53- 061 -34 2. 990 Industrial Way 3. Parcel A, P.M. SLO -74 -235 (Bk 16, Pg.41a, This covenant shall run with the land and shall be binding upon the under- signed owners, their heirs, executors, administrators, and assigns. Owner STATE OF CALIFORNIA ss. Approved, Comm ity Dev opment Director COUNTY OF SAN LUIS OBISPO (Authority: Resolution No. 97 -1979 Series) On - 7- U Q before me, the undersigned, a Notar Publi�c in. , and for said County and. State, personally appeared C=,„ f}, (�J2G�UPiUGn Fy(,9/i�GUI�;�"� known to me to be the person(s) who executed the within instrument, and acknowledged to me that -;r 1A_ executed the same. U WITNESS my hand and official Seal. �J4M (If this document -_,is; e- x.eeuted,.by,,a ,Cor- porat:i.on, appropriate notary acknowledgement �r +y is required) } __,,- ..�•i. r RESOLUTION NO. 3897 (1979 Series) A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN LUIS OBISPO AUTHORIZING THE COMMUNITY DEVELOPMENT DIRECTOR TO ACCEPT COVENANTS FOR IMPROVEMENTS WITHIN CITY RIGHTS -OF -WAY. BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. This Council hereby authorizes the Community Development Director to accept covenants allowing construction of temporary improvements (form agreement attached hereto) on behalf of the City of San Luis Obispo,.as may be necessary from time to time. On motion of Councilman Bond , seconded by Councilman Dunin , and on the following roll call vote: AYES: Councilmembers Billig, Bond, Dunin, Jorgensen and Mayor Cooper NOES: None ABSENT: None the foregoing resolution was passed and adopted this 3rd day of July , 1979.. ATTEST: Cit r J.H. Fitzpatrick Approved as to form: /V".L...; �- City Attorney Approved as to content: City dministrative Officer Communit evelop en Director /�. d__-- City Engineer R 3897 VOL zzzUPAGE666 we graduate 4estaurants, Inc. � Mr. Glen A. Weaver 284 Longview Lane San Luis Obispo, CA 93401 Mr. Frank N. Mullican Nacimiento Lake Paso Robles, CA 93446 Dear Glen & Frank: February 6, 1980 As per agreement from the city of San Luis Obispo whereby each of you as owners of the property at 990 Industrial Way are permitted to construct the improvements to said street with a lesser standard pavement (Traffic Index 5.5) and agree to reconstruct Industrial Way (between Sacramento Drive and the Southern Pacific Railroad R /W)' if there is a change of use requiring reconstruction; I promise, as president of The Graduate Restaurants, Inc. and also as lessee of this property, to (1) pay for the improvements to said street with a lesser standard pavement (Traffic Index 5.5) currently required; and (2) pay for any reconstruction as it may become necessary during the term of the lease with you. Very tr William S. Eve President WSE:jms 990 Industrial Way San Luis Obispo, California 93401 Phone: ( 0 1 -07DO.— VOL RIGS State of u �J On this the day �u 19, before me, Coun SS. the undersi a of Public, p onall eared known to mnto e t e er nK whose name() 4�v2 subscribed to the within instru and acknowledged thatoJ NORMA KIM executed the same for the purposes therein contained. NOTARYPOBUC- CUMIii11A IN WITNESS WHEREOF, I hereunto set my hand and official seal. SAN LUIS OBISPO COUNTY My Comm. Expires June 10, 1983 GENERAL ACKNOWLEDGEMENT FORM VOL 444MGE