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HomeMy WebLinkAboutRC 20050419000482 k. Return Address: City Clerk's Office City of Renton 1055 South Grady Way Renton,WA 98055 1111111111111111111111 20050419000482 CITY OF RENTON RCOVE 21.00 04/19/02005 00348 KING COUNTY, WA AUDITOR/RECORDER'S INDEXING FORM Document Title(s): Restrictive Covenant Reference Number(s)of Documents modified: none Grantor: Conner Homes Company Grantee: Conner Homes Company Legal Description: Lots 21, 22, 23 and Tracts B, C, D, plat of Laurelhurst, vol. , pp. of Plats, King (abbreviated) County,Washington Additional legal is on page_of document Assessor's Property Tax Parcel/Account Number: 152305-9046; 152305-9211 RESTRICTIVE COVENANT WHEREAS, Conner Homes Company("Conner") is the owner and developer of a residential subdivision known as Laurelhurst, ("Laurelhurst") generally located west of Duvall Ave NE in the vicinity of NE 2nd Place, in the City of Renton, Washington; and: WHEREAS, the final plat of Laurelhurst includes Tracts B, C and D,which have been reserved for future development, which Tracts are legally described as follows: Tracts, B, C and D of the Plat of Laurelhurst, recorded at Volume •24,-7 of Plats,Pages o6g to Q'7 , records of King County, Washington; and WHEREAS, as a condition of preliminary plat approval of Laurelhurst, the City of Renton required that Tracts, B, C and D either be merged with adjoining property to the west or merged into adjoining lots 21, 22, and 23 within two years; and RESTRICTIVE COVENANT - 1 ^t, • e 4 WHEREAS, Conner wishes to make provision for compliance with the aforementioned condition of preliminary plat approval; NOW THEREFORE, Conner hereby makes the following Declaration of Restrictive Covenant against said Tracts B, C and D: 1. Tracts B, C and D of the Plat of Laurelhurst shall remain undeveloped until such time as either(A) the Tracts are merged with the property located to the west of Tracts B, C and D, or(B) the Tracts are merged with Lots 21, 22 and 23 of the Plat of Laurelhurst. 2. The mergers described in the preceding section shall occur within two years. 3. In the event that Conner sells Lots 21, 22 and 23 prior to the completion of the merger described above and Tracts B, C and D are merged with Lots 21, 22 and 23 after such sale, the mergers shall occur without cost or charge to the owners of Lots 21, 22 and/or 23. 4. In the event that the two year time limit set forth in Section 2 expires without merger of Tracts B, C and D with the property located to the west of Tracts B, C and D, Conner Homes will prepare and process a Lot Line Adjustment combining Tract B with Lot 21, Tract C with Lot 22 and Tract D with Lot 23 and record said Lot Line adjustment and execute conveyances necessary to affect the merger of the properties. 5. This Restrictive Covenant and all the rights and responsibilities created by this Covenant shall be binding on the parties and on all future owners of Tracts B, C and D and Lots 21, 22 and 23 of the Plat of Laurelhurst. 6. This Restrictive Covenant may not be modified except by a written amendment, approved in writing by Conner Homes Company and the Renton Department of Planning, Building and Public Works. EXECUTED this 13 day of 41°2-) , 2005. Y OF RENTON CONNER OMES COMPANY By: By: 4 e: Title.f4SSI:›4,11k VAC Rraktd' RESTRICTIVE COVENANT - 2 4 STATE OF WASHINGTON ) ) ss. COUNTY OF KING ) / I certify that I know or have satisfactory evidence that JQ LA 12. 5k �Gis the person who appeared before me and said person acknowledged that he signed this instrument, on oath s ated t,hkt he was authorized to execute the instrument and acknowledged it as the V, P. of CONNER HOMES COMPANY to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument. DATED: M& In ZS Z•o•&S • geece�aao�, % �� •/ �o aoTARy;9 %Dri‘ N? , s :U ,,o i • i u -' , 'p s 'moi M:1114 t S (Print Name) '',v'�,'••,, p6 'C�s Notary Public //_ 11 '�C. WfResiding 'fr � ,,\""""`d� at �,Qw My appointment expires: (1 f(q`og ATE OF WASHINGTON ) ) ss. COUNT` OF KING ) I certify that I kn• . or have satisfactory evidence that is the person who appeared before e and said person acknowled:-• that he signed this instrument, on oath stated that he was au •rized to execute t•- instrument and acknowledged it as the of the CIT` OF RENTO o be the free and voluntary act of such party for the uses and purposes mentioned i he i•: rument. DATED: Notary Seal (Print Name) Notary Public Residing at My appointment expires: RESTRICTIVE COVENANT - 3