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C O V E N A N T
(RESIDENTIAL LAND SUBDIVIDABLE INTO FOUR PARCELS OR LESS)
For good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the undersigned owners of certain property hereinafter
described, hereby covenant with the City of San Luis Obispo on behalf of said
owners, their heirs, executors, administrators and assigns as follows:
1. The owners hereby covenant with the City that in the event the property is
subsequently subdivided into Pour or less lots, the owner will reimburse
the City for all of the improvement costs set forth in Paragraph 2 of that
certain agreement dated 2jrd day of November , 1962, except
an amount equal to the cost of improvements of one normal residential front-
age or that parcel retained by the subdivider. If the owner retains a par-
cel large enough to be subsequently subdivided, then this covenant will
continue on such parcel retained and the owner will pay cost of improvements
upon each subsequent subdivision of said parcel retained.
2. The owners further agree that this covenant shall run with and bind the
land hereinafter described and all subsequent owners and heirs, executors,
administrators and assigns, and that this covenant runs in favor of the
City of San Luis Obispo, a municipal corporation.
3. Said land is located in the State of California, County of San Luis Obispo,
City of San Luis Obispo and is described as follows:
That portion of Lot C of the Breed's Addition according to the map filed
January 25, 1889 in Book B Page 33 of Maps in the Office of the County
Recorder, San Luis Obispo County, California. The property is more par-
ticularly described as follows:
BEGINNING at a point marked "B 10" on the above mentioned map; thence
North 89° 55' East along the northerly line of the San Luis Obispo -Los
Osos Public Road (now known as Foothill Blvd.), a distance of 15 feet
to the true point of beginning, thence continuing North 89° 55' East
a distance of 134 feet to a point; thence North 0° 15° west a distance
of 9.00 feet to a point, thence South 89° 55' West along a line parallel
with the Northerly line of said road a distance of 134 feet to a point
thence south 0° 15' East a distance of 9.00 feet to the true point of
beginning.
CONTAINING .028 acres more or less.
C_
Signed this 23rd day of November , 1962 z
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THOMAS THERMA u'
- V c INIA C. WEATHERMAN
STATE OF CALIFORNIA �A
iPlk
COUNTY OF SAN LUIS OBISPO CO
On November 23rd , 1962 , before me, J. H. FITZPATRICK
a Notary Public in and for sai County and State, persona y appeared TH01,9AS P.
WEATHERMAN and VIRGINIA C. WEATHERMAN, known to me to be the persons whose names are
subscribed to the within instrument and acknowledged to me that they executed the same.
y li.c i4rranrl for said
County and State
VOL1245 PAGE228
CERTIFICATE OF ACCEPTANCE
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THIS IS TO CERTIFY that the interest in real property conveyed by
tha
COVENANT
dated November 23 a
19 62
from
THOMAS P.
and VIRGINIA C. WEATHERMAN
to the City of San Luis Obispo, a Political Corporation, is hereby
accepted in accordance with Resolution No. 549 (1959 Series), re-
corded May 26, 1959, in Volume 1002, Official Records, Page 292,
San Luis Obispo County, California, and the grantee consents to
recordation thereof.
DATE, JUNE 10
i49S2
Document No.-=--- ---_-- .... -
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SAN LUIS 01315P0 COUNTY. CAL.
JUN 131963
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Fee $ - - -.. Indexed
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COMPARED
19 63
,CITY OF SAN LUIS OBISPO
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ATTEST,
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AGREEMENT
(RESIDENTIAL IA ND SUBDIVIDABLE INTO FOUR PARCELS OR LESS)
THIS AGREEMENT, executed this 23rd day of November , 1962
by and between THOMAS P. WEATHERMAN and VIRGINIA C. WEATHERMAN, hereinafter called
Grantors, and the CITY OF SAN LUIS OBISPO, a municipal corporation, hereinafter
called City, witnesseth:
1. Grantor shall convey 0.028 acres more or less, lying along
Foothill Boulevard to the City of San Luis Obispo.
2. City agrees to install curb, gutter, and sidewalk across the
entire frontage of the property and to conduct the normal
grading that would have been involved at the previous curb
line on a standard installation.
3. Parties agree that the value of the property being conveyed to
the City is $6482.40 and that in the event the cost of the
improvements set forth in Paragraph 2 exceed said value, then
the owner will pay said excess at the time of executing this
agreement. Said excess amount is 4328.30.
4. City will provide all necessary engineering and legal work, cost
of relocation of utilities, replacement of driveways, and grading
in excess of the amount that would have occurrred at the old curb
line.
5. Grantor will execute a recordable covenant running with the land
for the benefit of the City, providing that in the event the pro-
perty is subsequently subdivided into four or less lots, the owner
will reimburse the City for all of the improvement costs set forth
in Paragraph 2 hereof, except an amount equal to the cost of improve-
ments of one normal residential frontage or that parcel retained by
the subdivider. If the owner retains a parcel large enough to be
subsequently subdivided, then the covenant will continue on such
parcel retained and the owner will pay cost of improvements upon
each subsequent subdivision of said parcel retained.
ATTESTETH 7�
pity WGrk
THOMAS P. WEATHERMAN
VIRGINIA C. WEATHERMAN
W EATHERMAN