RES 84218 - Laserfiche WebLink

agreement, State and County laws, and City ordinances and resolutions shall control the responsibilities of both parties at the time of annexation. Owner further agrees to cooperate with City in the annexation of the lands described herein, whether alone or as part of the larger area, and expressly waives the riqht to protest said annexation and agrees to do no act calculated or tending to prevent, impede, or defeat the successful annexation of said property. 3. Land Subject to This Agreement. The land subject to this agreement shall be those lands of Owner more particularly described in the legal description and map attached hereto as Exhibit A and made a part hereof. 4. Bonded Debt. Owner does hereby consent that, upon annexation of his property to City, said property shall be taxed to pay its share of existing bonded indebtedness of City. This agreement shall serve as such consent, and a copy shall be filed with the Treasurer- Tax Collector of Alameda County, if evidence of such consent is required; provided, however, the Owner's property will be excluded from the City bonded debt existing on the effective date of this agreement and from and after the annexation of his property to City for all utility facilities to which Owner's property is not connected. 5. Taxes. Owner understands that after annexation has been completed, said property shall be subject to all real property taxes. 6. Assessment Districts. Owner agrees to cooperate with City in the formation of any mutual benefit districts or assessment districts which City deems necessary for the installation of public improvements serving, in whole or in part, Owner's lands as described herein, whether such districts are formed at the time of annexation or some time in the future. In this regard, Owner waives the right to protest the