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25
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2011
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081611
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25
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8/10/2011 1:54:51 PM
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8/10/2011 1:13:00 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
8/16/2011
DESTRUCT DATE
15Y
DOCUMENT NO
25
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9 . 10. 82 <br /> C169-018 <br /> - i38831 <br /> and it is Declarant' s desire and intention by this <br /> (Declare- ," <br /> tion of Covenants, Conditions , and Restrictions for Valley <br /> Business Park (the "Declaration" ) to subject the Property to <br /> certain covenants, conditions and restrictions for the <br /> benefit of the Property and each and every Lot thereof as <br /> agreed between Declarant and purchasers of real property in <br /> Valley Business Park. It is intended that said covenants, <br /> conditions and restrictions bind , and benefit not only said <br /> • purchasers and .Declarant, but that their respective succes- <br /> sors, heirs and assigns as well should be so benefited and <br /> bound and that the Property should be held, sold, conveyed, <br /> leased, used, occupied and improved subject to the coven- <br /> ants, conditions, and restrictions set forth in this Declara- <br /> tion; and ■ <br /> C. Declarant intends to create a non-profit <br /> corporation, the Valley Business Park Owners Association <br /> ( "Association" ), under the laws of the State of California, <br /> to which will be delegated the powers of administering and <br /> enforcing this Declaration, performing certain maintenance <br /> obligations set forth in this Declaration, and performing <br /> such other functions as may be delegated to the Owners <br /> Association by . this Declaration or amendments thereto. <br /> However, if Declarant forms a landscaping or lighting (or <br /> both) district to perform the maintenance obligations of the <br /> Association with respect to the Common Area, Declarant may <br /> elect at its sole discretion not to create the Association, . <br /> or, if the Association has been created, to dissolve the <br /> -2- <br />
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