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R509RCORDED E AT THE REQUEST OF 1., 4851 D5475Pc 186 AND TO BE RETURNED TO: „ City Clerk PUBLIC STREET EASEMENT DEED 350 Main St. El Segundo, Calif, 90245 SEPULVEDA PROPERTIES, INC., a California corporation, FF7�_E C hereinafter referred to as "GRANTOR ", subject to each and all of the conditions, covenants, exceptions, reservations and rights hereinafter set forth, hereby grants to the CITY OF EL SEGUNDO, a municipal corporation, hereinafter referred to as "GRANTEE",: 1 ) The right to use as an easement for public streets the surface, sixteen (16) feet only above the street curb and twelve (12) feet only below the street curb and, 2) The right to use as a nonexclusive easement for public street lights and street trees together with the right to use, for the installation, maintenance and repair of public street lights, and the installation, and maintenance of street trees in the air space over and above sixteen (16) feet above the street curb. The grant of this easement shall in no way interfere with Grantor's rights to use said air space as hereafter set forth. Grantor agrees to pay the cost of removing any trees and /or street lights or relocating any street lights which in Grantor's opinion, inhibits Grantor's planned use of these air rights. Said easements are located over that certain real property in the County of Los Angeles, State of California, described as follows: That certain property located in Section 7, North of El Segundo Boulevard, and East of Sepulveda Boulevard in the City of El Segundo, County of Los Angeles, State of California, more particularly described as follows: That portion of the southeast quarter of Section 7, Township 3 South, Range 14 West, in the Rancho Sausal Redondo, as per map recorded in Book 1 , Pages 507 and 508 of Patents, in the office of the County Recorder of said county, described as follows: ►;.b Gr Beginning at a point on the South• line of said Section 7, distant thereon South 890 55' 25" East, 2642.25 feet from the Southwest corner of said Section 7; thence North 000 00' 23" West a distance of 1239.00 feet, thence South 890 55' 25" East a distance of 50.00 feet, thence North 000 00' 23" West a distance of 54.97 feet to the True Point of Beginning, being a point tangent to a curve concave to the northeast and having a radius of 22.00 feet; thence easterly along said curve a distance of 34.53 feet along an arc with a central angle of 890 55' 0211, to a point tangent to said curve; th ce [RECORDED IN O=CALIF. OS ANGELEMin i 3 1 ^1 BKD5415Pc 187 South 890 55' 25" East a distance of 430.56 feet to a point on a curve concave to the west and having a radius of 35.50 feet; thence southerly along said curve a distance of 138.33 feet along an arc having a central angle of 2230 15' 4311, to a point on said curve, thence North 890 55' 25" West a distance of 430.40 feet to a point tangent to a curve concave to the southeast and having a radius of 22.00 feet; thence westerly along said curve a distance of 34.59 feet along an arc with a central angle of 900 04' 58 ", to a point tangent to said curve; thence North 000 00' 23" West a distance of 110.00 feet to the True Point of Beginning. Above described parcel to be known as GRAND AVENUE. This easement in and to the above - described property is granted and must be used as an easement for public street purposes only. In the event the property is not so used or, if after being so used, it is abandoned for such purposes or vacated as a public street or if any of Grantee's covenants or obligations herein are breached, then and in that event, without further act by Grantor or its successors and assigns, the easement shall terminate and the property shall revert to Grantor or its successors and assigns. IT IS ACKNOWLEDGED, UNDERSTOOD and AGREED by Grantee that the above grant by Grantor is limited both in purpose and in the extent of the property granted for that purpose as follows: 1 . Grantor shall not erect, construct, or install any building over any public street heretofore dedicated by this instrument which said building is more than two hundred (200) feet in width at the location where it crosses the public street. 2. Grantor covenants that it shall not erect, construct or install any building or structure excepting pedestrian bridges over any public street which is located within one hundred fifty (150) feet of any other structure over any public street. r4'.b cr 3. Grantor covenants that between any two intersecting public streets not more than fifty (50) percent of the area of any street shall be covered by buildings or structures and that not more than twenty -five (25) percent of the total street surface area above dedicated shall be covered by buildings. , t f 4. Grantor covenants that not more than fifty (50) percent of the total subsurface area under any public street between intersecting public streets shall be occupied by any tunnel, basement, or other substructure. 5. Grantor covenants that notwithstanding the zoning on the area over and below streets, Grantor shall submit to Grantee for approval, the plans and specifications for any proposed structure over or beneath the area dedicated and to comply with such restrictions, requirements, and regulations as the City Council may impose, including but not limited to structural requirements more stringent than those imposed by the City's building code and aesthetic requirements to assure the compatibility of any such 'proposed structure with the use of the public street above or below such structure. BKDW5PC187 THIS IS TO CERTIFY that the interest in from property con- veyed by the deed or grant dated May 16 1972 , T e City o E egundo, a munlcipal corporation, is nereny accepteu by order of the City Council on Ma 22 1972 and the grantee consents to recordation thereof by its duly aut orized officer. Dated: May 25, 1972 By C C er o t e City o egun o, California. STATE OF CALIFORNIA, COUNTY OF LOS ANGELES vA In a My COmm�ss on ExPifVes Apnl 2 19 76 uu' .. (SEAL) ss. before me, me, the undersigged, a Yo ary Public in and for said State, personally appeared !1e known to me to be the President, ands known to me to be the Secretary of R �_;et uE vice, the Corporation that executed the within Instrument, known to me to be the persons who executed the within Instrument, on behalf of the Corporation herein named, and acknowledged to me that such Corporation executed the within Instrument pursuant to its by -laws or a resolution of its board of directors. WITNESS my hand and official seal. 0L GA J Notary Public in and for said State. i I { so' ...... TK Ev.I ewi•acrar IIcryw ;re.nr +�+. SiU'w,nrwCi l+A L41 S . S OC Of UCIrO {FI{. i•µp BKD5475pc l99 1 RECORDER'S MEMO- POOR RECORD IS DUE TO QUALITY OF ORIGINAL DOCUMEN �i 1: 1 1 I 1 RECORDER'S MEMO- POOR RECORD IS DUE TO QUALITY OF ORIGINAL DOCUMEN