Information
Details
More Info
Transcription
V» upon completion of engineering data, enter into agreement with Los Angeles County Sanitation District for sewer line to be constructed along the northerly and easterly boundaries of the option parcel, to connect into outfall sewer line in Turnbull Canyon Road; Purchaser at its expense to arrange for any other sewer, gas, water and utilities connection desired by Purchaser. Purchaser granted privilege of entering upon the premises for the purpose of making surveys and foundation tests, indemnifying Land Company from and against any and all loss, damage, liability, cost and expense which Land Company may sustain or bear. Land Company shall within a reasonable time after delivery of the deed arrange with Union Pacific Railroad Company for the construction of turnout for spur track to serve the option parcel; Purchaser to enter into an agreement with the Los Angeles & Salt Lake Railroad Company and its Lessee, Union Pacific Railroad Company, on Railroad Company's standard form of Industry Track Contract, Form 2207, for the construction, operation and maintenance, and setting forth ownership of said track; Railroad Company at its expense to construct and own that portion of the spur track turnout to property line; Purchaser at its expense to construct and own portion of spur track located upon the option parcel. Purchaser agrees not to assign this agreement without written consent of the Land Company. All of the terms and provisions of this agreement shall inure to the benefit of the parties hereto, their heirs, executors, successors and assigns; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of President Bailey and -5-
