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Section Onc: Recitals
<br /> 1.1. 7'hc undcrsigned is (arc) �hc Granlor'Cu�cn;mtoiio�encrls) of or has (hacc) a subslantial intcrest in thc valuc.
<br /> use,cnjoymcnl,and occupation oC thc rcal pruperq�dcscribcd:ibucc(••Property„);
<br /> 1.2. The GrantedCovenantcc, thc Cily of I:vcrcU (City) has a subs�aniial intcrest in the c�Tective and saCe usc of
<br /> lands �eitl�in ils bordcrs,and iu thc hcalth,safcty,:md wclfare of its citizens;
<br /> 1.3. The Property is located in an e�rvirunmen�ally sensitive arca more specifically defined as a "geologically
<br /> hazardous arca" in CLaptcr 1937 of the ti��crctt blunicipal Codc;
<br /> 1.4. "Gculogically hazardaus arcas" arc known by tlic Ciiy and undcrsigncd to Uc suUjcct io l,:ndslidcs and otltcr
<br /> soils movemcnt that may result in thc damage or dcstniction, in �eholc or in part, of any buildine, structure,
<br /> divclliug, or lands«�ithin or adjaccnt io such arcas;
<br /> 1.5. This Covcnm�t is to bc signcd, ackuo��•lcdgcd and re:ordcd in thc rccords of Snol�omisl� Couniy as a restrictivc
<br /> covcnant, restricting and limiling usc of gcologically hatardous properl}•before thc City will issuc any Pcmiil(s) �o
<br /> do any�vork an property wilhin a"gcologically h:vardous arca';and
<br /> LG. "I'his Convcnant conccrns thc Cot�cnantorlGrau�or's usc, occupation or cnjoymcnt of thc Property and hencfits
<br /> lhc Cily as CoccnanlcdGranlcc.7�his Covcnaut is intcndcd lo bind cucccssors aud assigns and nm���ith Ihc Imd.
<br /> Section '1'�vo: Restrictions un OccuD:�tion, Use, and Develonment ot'lhc
<br /> �,'roncrh�
<br /> z.l. The 1'roperry may nol bc occupicd, used or devcloped, and no residcntial or cotnmcrcial building, slruct ac, or
<br /> d�vclling sh�ll bc crcctcd or cunstrucicd on thc Properly, without first ob�aining thc Pcnnit(s) Gom tlic Cit}'.
<br /> 2.2. 'l�hc Cily �aill not issuc any Pcrmi�(s) to O��ncr o( Property unlcss and uu�il Oancr signs a contractual
<br /> agrccmcnt(Agrcemcn�)�eith ihc Cit}'cspressly providing thaL•
<br /> 2�.1. O�vncrs(s)and his/hcr(Ihcir) hcir(s),succcssor(s), Icgal rcprescniati��c(s)and assign(s)shall providc,
<br /> Jcsign, construc�, crccl, m�intain, rcpair, rcbuild, or improvc such sm�clurc(s), building(s), barricrs(s), cr
<br /> d�eclline(s) as is rcasun��'} ncccssary �o pro�•cnt, control or avoid daroagc from the ad��crsc impacts from soils
<br /> nwvcmcnt within or adjaccnt b thc Properly, �ehcdicr causcd 6y O���icrs(s) and his/lur(thcir) hcir(s), successor(s).
<br /> Icgal represcnlalivc(s),and assign(s)or otlicrwisc, fur Ihc continucd usc and enjo}'ment of�lie Propchy;
<br /> 2.2.2, It is thc solc burdcn and rcsponsibilil}' oC O�encrs(s) and his/hcr (thcir) hcir(s), succcssor(s), Icual
<br /> represcntativc(s) and assign(s) to oblain, ensurq ;md fund any dcsign, appru��al, a�rthori2ation, msicrial, supplics.
<br /> labor, s_rviccs, maintcnancc, rcpairs, stmctural al�crations, iusuraiuc, taxcs, or asscssments ncecssary or rcquired to
<br /> prcvcnt,control or avoid Jmnagc Gom thc advcrsc impacts fiom soils movcmcut within or adjaccnt to thc Properh�;
<br /> 2.2.3. In cmisideration of Ihe issuance of the Pennit(s), Owncr(s) on his/her (thcir) o�vr Uchalf and on
<br /> bchalf of hisflicr(lheir) hcirs, successors, Icgal rcpresentatives, and assiens hereb}' releases a»d �caivcs any righl lo
<br /> asscrt auy claim or coursc of action rclatcd to any loss or damagc to pcoplc or property citl�cr on or off dic Property
<br /> resultiug from soils movcment by reasun of or arising out o(issuance of Ihc Pennii(s) Uy thc City for devclopmem
<br /> on Ihe Yroperty and agrecs to indenmi(y (including reasonable auorncy's (ecs) and Iiold tlie City, i�s oflicers,
<br /> employces and agents h�rnilcss from any cl;�im(s) or courscs of action rclated to aip� loss or damagc to peoplc or
<br /> property citl�cr on or o17 thc Pro�icrty resulting Gont soils moccmcut by rcason oC or arising out of issuancc of il�c
<br /> Pcrmit(s) for de��clopment on thc Property: Procided, nothing hercin shall rcyuire U�e O���ner(s) and Itis/l�er (lheir)
<br /> hcirs, succcssurs, lcgal rcpresenlatives. and assi�,ns to indemnify and hold harniless the City, its o�cers,ageuts and
<br /> cmployecs liam tlaims or cuurses ol'action causcd solcly by the negligencc o(Ihe City, its oflicer, emplo)res and
<br /> agcuts, mid providcd liuthcr, that if ihc claims or courscs ol'action arc causcd by or result from thc coucurrcnt
<br /> ncgligcncc oC(I) thc Owncr(s), Itis%hcr(Uicir) hcirs, succcssors, assigns and agcNs, and (2) the City, its officcr,
<br /> agents and employecs, ihe iudenmity pro��isions providcd hcrcin sliall Uc valid and enCorccable only to Ilie cxtcnt
<br /> provided Uy la�v;and
<br /> 2.2A. O�cners(s) aud�or liisiher (thcir) hcir(s). successor(s), Icgal represcntative(s) and assign(s) �vill
<br /> infonn his/hcr (Ilicir) hcirs, succcssors, Icgal rcprcscntatives, and assigns that thc Pmperty is in a gcologically
<br /> h�zardous arca, that thcn may bc artiial or potcutial risks associalcd will�dcvclopmcnt thcrcon,of any conditions or
<br /> prohibi�ions un dccclopnun�, and of anv fi;nures in Ihis dcsign �chich will rcquirc maintcnancc or roodifica[ion �o
<br /> :�ddress:mtiripatcd sc ls changcs.
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