Deed - Pelton Center parking lot - File 387, 1958

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e00�87 Si FAcE37 4 AGREEMENT This Agreement, made and entered into this d `1 day of July, 1958, by and between the CITY OF SAN LEANDRO, a municipal corporation, hereinafter called ftity", and HARLOW SCRIBNER, hereinafter called "Scribner", RECITALS The City and Scribner have agreed upon exchange of the properties hereinafter described. The City proposes to abandon a portion of Palm Court, a dedicated public street, and to execute a quitclaim deed of the property so abandoned to Scribner. In consideration of such action by the City, Scribner proposes to grant to the City for street or public parking purposes with easements for ingress and egress to Scribnerfs proposed shopping center, sidewalks, parking area and store area, the property herein- after enumerated. Now, therefore, in consideration of the premises, the parties do hereby mutually agree as follows: A. The City will: 1. Vacate in the manner provided by law therefor, a portion of Palm Court hereinafter described as Parcel I. 2. Execute a quitclaim deed to Scribner covering said Parcel I. B. Scribner will: 1. Execute a deed to the City conveying for street or public parking purposes with easements for ingress and egress to Scribner's adjoining shopping center property, sidewalks, parking area, and store area, the property hereinafter designated as Parcel II. 2. Improve at Scribner's expense and to the plans and speci- fications of the City therefor, said Parcel II. Without in anywise limiting the generality of the foregoing, said im- provements shall include but not be limited to the following-. (a) Grade and pave said Parcel II for use as a parking lot, said grading and paving shall cover: (1) Removal of existing foundations. (2) Grading approximately 790 square yards. (3) Placing approximately 40 tons of untreated base o inches thick. (4) Place approximately 85 tons of plantmix surfacing 2 inches thick. - 1 -