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Contract - Dike and Colegrove - 1958-09-04 rt A G R E E M E N T THIS AGREEMENT, executed this 4th day of September , 1958, by and between DIKE & COT,FGROVE, INC , a California corporation, hereinafter referred to as 'COMPANY' , and the COSTA MESA SANITARY DISTRICT, hereinafter re- ferred to as 'DISTRICT' , W I T N E S S E T H WHEREAS, COMPANY has installed at its om expense, and is the owner of sixty-two (62) lineal feet of eight-inch (8' ) sewer main and one (1) drop manhole situated in the vicinity of the intersection of Fairview Road and Fair Drive, adjacent to the boundaries of Tentative Tract No 2029 in the City of Costa Mesa, and [AREAS, said COMPANY offers to grant said sewer main and drop manhole above described to said DISTRICT without cost to said DISTRICT on the conditions hereinafter set forth, and me AS, it is to the advantage and best interests of said DISTRICT to accept said sewer main and drop manhole, NOW, THEREFORE, it is mutually agreed between the parties hereto as follows 1 Dike & Colegrove, Inc , does hereby agree to grant, assign and transfer to the Costa Mesa Sanitary District the hereinafter described sewermain and drop manhole owned by said Dike & Colegrove, Inc , upon the occurrance of the first of the following: (a) The payment to Dike & Colegrove, Inc , of the sum of Five Hundred Forty Dollars ($540 00), or (b) The lapse of five (5) years from the date of this Agreement 2 Prior to the occurrence of either (a) or (b) above, to-wit, the pay- ment to Dike and Colegrove, Inc , of said sum of Five Hundred Forty Dollars ($540 00), or the lapse of five (5) years, the Costa Mesa Sanitary District is hereby granted the right to use said sewer main and drop manhole, provided that said DISTRICT shall not have the right to allow any person to make connections thereto without the consent of Dike & Colegrove, Inc It is the intention of the parties to this Agreement that the said payment above provided for in Paragraph 1 hereof shall be made, not by the COSTA MESA SANITARY DISTRICT, but by any person or persons who connect into said sewer main. - 1 - v, r 3 The sewer main and drop manhole above referred to are described as follows 'Sixty-Two (62) lineal feet of eight-inch (8' ) sewer main and one (1) drop manhole, situated in the vicinity of the intersection of Fairview Road and Fair Drive, adjacent to the boundaries of Tentative Tract No 2029 in the City of Costa Mesa. " IN, WITNESS i*IEREOF, the parties hereto do here set their hands this 4th day of September , 1958 DIKE & COLEGROVE, INC BY L{r v V President By , Secretary Acknowledged by. COSTA IESAA S'JITARY DISTRICT By a4g/ " SID:M ` . e Costa Mesa Sanitary s rict, Orange County, -allfornia Attest ' (1 / / 1� S CRET''"-