Laserfiche WebLink
.NOW, THEREFORE, in consideration of the above facts and for the covenants and <br />agreements contained herein,, the Parties agree as follows: <br />Section 1. Consideration for Termination -of .Easement. Within thirty (30) days of <br />approval of this Agreement by City, Ocampo ;agrees to pay City, and. City agrees to accept from <br />Ocampo, as full consideration for the Termination. of Easement, the total sum of Six Thousand <br />.Dollars ($6,000.00), payable in cash, by cashier's check or certified check, or by wire transfer. <br />Section 2. Receipt of Consideration by City. Receipt of the consideration <br />described in Section 1 is acknowledged. by City on <br />Section 3. Termination of Easement. Upon receipt of the consideration described <br />in Section. 1, the Parking Easement recorded on March 13, 2001 as Document No. 143254 in the <br />Official Records of Orange County is hereby terminated. City and Ocampo are further:released <br />from any and all rights and obligations provided for in the Grant of Parking Easement, City shall <br />cause this doculnent to be recorded in. the Official Records of C=hange County upon receipt of the <br />consideration described in Section 1. <br />Section. 4. Counterparts. This Tennination of Easement may be, executed in one or <br />More counterparts, each of which shall constitute an original, and all of which, taken together, <br />shall constitute one and the same Termination of Easement. <br />Section 5. Interpretation and Governing Law. This Termination of Easement shall <br />be construed in accordance with and governed by the laws of the State of California. <br />IN WITNESS WHEREOF, the Parties hereto have executed this Termination of <br />Easement. as of the respective dates set forth below. <br />CITY lez <br />�� <br />Cynthia Kurtz, <br />Interim City Manager <br />Maria D, Huizar <br />Clerk of the Council.. <br />2 <br />Date: 0 -5 2 /.o7 12017 <br />Date:. , 2017 <br />Date: ,'yam , 2017 <br />