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BRADDOCK & LOGAN-REIMBURSEMENT AGMT TRAFFIC SIGNAL IMPROVEMENT 8/7/99
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BRADDOCK & LOGAN-REIMBURSEMENT AGMT TRAFFIC SIGNAL IMPROVEMENT 8/7/99
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10/23/2007 12:35:28 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
8/7/1999
LONG TERM AGREEMENTS - NAME
BRADDOCK & LOGAN
LONG TERM AGREEMENTS - TYPE
REIMBURSEMENT AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
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• • <br />Section 18. Successors-In-Interest. <br />Except as otherwise provided in the Agreement, for the term of this Agreement, all of the <br />provisions, rights, powers, terms, covenants, and obligations contained in this Agreement shall <br />be binding upon the parties and their respective heirs, successors (by merger, consolidation, or <br />otherwise) and assigns, devises, administrators, representatives, lessees, and all other persons or <br />entities acquiring the Property, or any portion thereof, or any interest therein, whether by sale, <br />operation of law or in any manner whatsoever, and shall inure to the benefit of the parties and <br />their respective heirs, successors (by merger, consolidation or otherwise) and assigns. All of the <br />provisions of this Agreement shall be enforceable during the term hereof as equitable servitudes <br />and constitute covenants running with the land pursuant to applicable law, including, but not <br />limited to, Section 1468 of the California Civil Code. Each covenant to do or refrain from doing <br />some act on the Property hereunder, (a) is for the benefit of such properties and is a burden upon <br />such property; (b) runs with such properties; and (c) is binding upon each party and each <br />successive owner during its ownership of such properties or any portion thereof, and each person <br />or entity having any interest therein derived in any manner through any owner of such properties, <br />or any portion thereof, and shall benefit each party and its properly hereunder, and each other <br />person or entity succeeding to an interest in such properties. <br />Section 19. Entire Agreement, Counterparts and Exhibits. <br />This Agreement and its Exhibits constitute the entire understanding and agreement of the <br />parties. This Agreement and Exhibits integrate all of the terms and conditions mentioned herein <br />or incidental hereto, and constitute the entire understanding of the parties with respect to the <br />subject matter hereof; and all prior written agreement, understandings, representations, and <br />statements are terminated and superseded by this Agreement. <br />THIS AGREEMENT executed the date and year first above written. <br />CITY OF PLEASANTON <br />B t1 ~ ~ <br />Deborah Acosta,~ity Manager <br />BRADDOCK & LOGAN GROUP II, L.P. <br />'a Limited Partn~ejrs~h`'ip <br />ado ~'~....~ ~cu~trs~'~C.~ C~~cveC~l <br />c <br />6 <br />
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