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HomeMy WebLinkAboutD-403 Johnson Ave. Phase K Recorded 10/03/1960AGREEMENT THIS AGRE MENT,.executed this 9th day of August , 1960, by and between WILLIAM E. SCHOFIELD and ANNA K. SCHOFIELD, hereinafter called Grantors, and the CITY OF SAN LUIS OBISPO, a municipal corporation, hereinafter cal led City, witnesseth: For and in consideration of the conveyance by Grantors of 0.032 acres more or less lying along Johnson Avenue, and in consideration of Grantors agreeing to install a six foot (61) integral sidewalk along said right -of -way granted the City and to install 149+ feet of curb and gutter, the City agrees to install 60 feet (a normal residential frontage) of curb and gutter, to complete the street grading k and street paving up to the curb line along the entire frontage and to do all necessary engineering and legal work. It is understood that the City, at its option, may proceed with their portion of the improvements set forth hereinabove at any time the City so desires, but that the City is not under any obligation to do so unless and until the Grantors have installed their improvements. It is further understood that the Grantors need not install their share of said improve- ments unless and until Grantors subdivide or erect structures on their property in accordance with the Curbs, Gutters and Sidewalk Area ordinance. EXECUTED by the parties hereto on. the date first above written. V LLIAM E. SCHOFIELD L ANN& K. SCHOFIEW CITY OF SAN LUIS OBISPO l flavor - p'HH;I7 M. y Clerks . H. FITZPATRICK lop— SC HOEIE LD