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HomeMy WebLinkAboutRC 9008310835 , ,; . . }• .. ����DF�� ��A��D �T REQUEST �,� . , � , �• . • RENTON MUfVICtPAI BLDGK 200 MILL AVE. So. 0 R I G I f V A L R�.NTON, WA 98055 RESTRICTIVE COVENANT TO PARTICIPATE IN FUTURE LOCAL IMPROVEMENT DISTRICT '..'�., � ;a rT� ' �--< � rn ` �--a �...., c'a -,- �._ r�, � �.: .. - r� WHEREAS, Grady Way Associates developed certain pr9p�rty'`�ithin � _ w � ,,., the city limits of the City of Renton; and " �; :,� `r _ _ __ C, � �. „ WHEREAS, development of that property triggered the :��u�ement � for certain on and off-site improvements; and WHEREAS, the City of Renton deferred installation of those improvements upon condition that the improvements be installed at the appropriate time and that the deferral be subject to a performance � �''3 bond; and : :"- WHEREAS, the City of Renton Board of Public Works directed that � # � the deferred improvements be installed; and �`:} WHEREAS, those improvements have not been installed; and � � WHEREAS, the City of Renton has sued upon the failure to install the deferred improvements and upon the performance bond; and WHEREAS, the parties wish to resolve their dispute herein; and WHEREAS, the Renton City Council has authorized this restrictive covenant as of ineans of obtaining a waiver of the deferral requirement and in substitution of the requirement that the improvements be � installed. NOW, TIiEREFORE, the undersigned as owners of the following described real property to wit: See Exhibit "A" attached hereto and incorporated by reference as if fully set forth. ��]:�-�'s�t:��L 1 #k,�,�-�, f��� Restrictive Covenant to Participate in ��=�-��' �" - •'-�-' Future LID — 1 ��='�r�= --• =�=' _'o!1C�:cs._ :�;a:�.:?_�. F.ai f � c.� �Cc-( �1 CX>O/L����_� t 5.�>� . I� �.�u � 1 • a' � • '. . do agree to participate in any local improvement district in the general area of the property previously described, and to have installed as part of that local improvement district the improvements described in Exhibit "B" attached hereto and incorporated by reference as if fully set forth. This covenant shall be a covenant running with the land and shall be binding on the heirs, successors, assigns, and future owners of the burdened land. DATED this � day of �G , 1990 . I �.(J d�'�-'V� i v��9� P ` By: , , I t s /�����""�� ` `' Ul STATE OF W SHINGTON �� � � ss . (^'� COUNTY OF ) � �-•, � � v rt3 at I know or have satisfactory evidence that C� signed this instrument, on oath stated that � /she s orized to execute the instrument and acknowledged it as � the ,% � of Grady Way Associates to be the free and � voluntary act of such party for the uses and purposes mentioned in the instrument. DATED: , 1990 . Notary ublic i and or tate � of Washington, residing at My appointment expires: ��� city8 : 33-6/21/90-as . Restrictive Covenant to Participate in Future LID - 2 � , �,. � . . . , • , . . EXHIBIT "A" ' Lots 1 through 5 inclusive, together with Lots 26, 27 and 28, Block 28, Plat of C.D. Hillman' s Earlington Gardens Addition, � Division No. l, as recorded in Volume 17 of Plats, Page 74, , Records of King County Washington. Tax Account #334040-4705-05 . I Current Owner: �rady W�y A�soci«ts.�, I 607 S.W. Grady Way �n � �, .� �� � c� � ,-. � � Restrictive Covenant to Participate in Future LID - 3 -' � ' . . ' . ` . - . EBHIBIT "B" 1. Curb. 2 . Gutter. 3 . Sidewalk with wheelchair ramp. 4 . Paving. 5. Driveway. 6 . Street lightinq. � C'7 CA � e� M � C� C 0� Restrictive Covenant to Participate in Future LID - 4