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BANK OF AMERICA NATIONAL ASSOCIATION IN ITS CAPACITY AS TRUSTEE OF 7-ELEVEN EMPLOYEES' TRUST (2)-2008
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BANK OF AMERICA NATIONAL ASSOCIATION IN ITS CAPACITY AS TRUSTEE OF 7-ELEVEN EMPLOYEES' TRUST (2)-2008
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Last modified
1/3/2012 3:16:56 PM
Creation date
1/26/2009 12:35:52 PM
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Contracts
Company Name
BANK OF AMERICA NATIONAL ASSOCIATION IN ITS CAPACITY AS TRUSTEE OF 7-ELEVEN EMPLOYEES' TRUST
Contract #
A-2008-273
Agency
PUBLIC WORKS
Council Approval Date
10/6/2008
Notes
Permanent file and N/A on the insurance
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A. City acknowledges that Said Real Property shall be a legal nonconforming use upon the <br />consummation of this real property transaction. <br />~~ In the event that the subject improvements are partially or fully involuntary destroyed, <br />the existing property shall be subject to Santa Ana Municipal Code Section 41-682 or <br />similar code then in effect, if any. Section 41-682 currently states as follows: <br />`A nonconforming building or a building occupied by a nonconforming use <br />which is damaged or partially destroyed by fire, flood, wind, earthquake, <br />explosion or similar occurrence, may be restored and the nonconforming use <br />continued, provided that the cost of repair or restoration does not exceed the <br />building's fair market value prior to the date of the damage. In the repair or <br />restoration of such building, there shall be no enlargement of such building nor <br />any increase in the area of a nonconforming use within such building. " <br />~~ C. a~ycR <br />~e}}er agrees to bear the additional cost of relocating signage and light standards <br />work directly with representatives of 7-Eleven, Inc. to determine mutually acceptab ewill <br />locations for such signage and light standards. <br />Lr'"' 3c~yc"R <br />D• ~e~ agrees to restore the affected onsite areas and existing offsite work to at least the <br />extent they existed prior to the partial acquisition with new replacements and with <br />reasonably replacement landscaping. <br />Page 6 of 12 <br />Seller's Initials Z ~ ~-~ <br />
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