25G - AGMT MILLS ACT 927 W 20TH STREET

Home Browse Search

AMUS ACT AGREEMENT 927 Nest Troeutfeth Street SnaHa ; Ina, CGI 92706 h. 'rhe City and Owner hereby declare their specific intent that the covenants, reservations and restrictions as set Ibrth herein shall he deemed covenants running with the land and shall pass to and be binding upon the Owner's successors and assigns in title or interest to the Historic Property. Every contract, deed, or other instrument hercinaller executed, covering or conveying the Historic Properly or any portion thereof; shall conclusively be held to have been executed, delivered, and accepted suhjcct to the. tenants, restrictions, and reservations expressed in this Agreement regardless of whether such covenants, restrictions and reservations are set forth in such contract, deed, or other instrument. R. No Compensation. Owners shall not receive any payment from the City in consideration of the obligation imposed under this Agreement, it being recognized that the consideration for the execution of this Agreement is the substantial public benefit to be derived therefrom and the advantage that will accrue to the Owner as a result of the effect upon the assessed value of the property on the account of the restrictions on the use and preservation of the property. 9. Notice. Any notice required by the terms of this Atirocnrenl shall be sent to lire address of the respective parties us specified below or at other :addresses that may be later specified by the parties hereto. City: City of Santa Ana Attn: City Clerk 20 Civic Cenlcr Plaza (M-30) Santa Ana, CA 92702 Owners: Timothy M. and Ann C. Johnson, Trustees ol'thc Johnson Family Trust 927 West Twentieth Sheet Santa Ana, CA 92706 10, General Provisions. a. None of the terms, provisions, or conditions of this Aereement shall be deemed to create a partnership between the parties hereto and any of their heirs, successors, or assigns, nor shall such terms, provisions or conditions cause them to he considered joint ventures or members of any joint enterprise. b. The Owners agree to and shall indemnify and hold the City and its elected and appointed officials, officers, agents, and employees harmless front liability for damage or claims for damage for personal injuries, including death, and claims for property damage which may arise from the direct or indirect use or operations of the Owner or those of his or tier contractor, subcontractor, agenda, employee, or other person acting on his or her behalfwhich relates to the ->- 25G-16