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• • • <br /> NOW, THEREFORE, the parties, in consideration of the mutual <br /> covenants and conditions set forth herein and the substantial public <br /> benefits to be derived therefrom, do hereby agree as follows : <br /> 1. Grant of Conservation Easements. Owner, as grantor, hereby <br /> grants conservation easements to the Town of Los Altos Hills, a <br /> municipal corporation, County of Santa Clara, State of California, over <br /> the real property described and shown on as Exhibit B hereto (the <br /> "Property") to have and to hold said conservation easements for the <br /> term and for the purposes and subject to the conditions, covenants and <br /> exceptions described herein. <br /> 2 . Statutory Authorization. This Agreement and grant of <br /> conservation easements are made and entered into pursuant to Civil Code <br /> Sections 815 through 816 and Chapter 6.6 (commencing with section <br /> (51070) of Part 1, Division 1, Title 5 of the Government Code. This <br /> Agreement is subject to all of the provisions of said sections and <br /> chapter including any amendments thereto which may hereafter be <br /> enacted. <br /> 3 . Restriction on Use of Property. <br /> During the term of this <br /> Agreement and the conservation easements granted herein, the Property <br /> shall not be used for any purpose other than conservation easements and <br /> those uses related to or compatible therewith. Owner, for the direct <br /> benefit of the Property described herein and of the Owner, hereby <br /> declares that the Property shall be subject to restrictive covenants <br /> running with the land which shall be binding upon all subsequent <br /> grantees. Said restrictive covenants shall be: <br /> a. against the right of Owner to , construct any <br /> improvements on or within the Property except for public and private <br /> utilities easements and paths dedicated to the Town and the existing <br /> driveway and parking bay permitted by the Town, provided these reserved <br /> exceptions shall be consistent with the purposes of law and shall not <br /> permit any action which will be incompatible with maintaining the <br /> preserving the natural or scenic character of the land; and <br /> b. against the extraction of natural resources or other <br /> activities which may destroy the unique physical and scenic <br /> characteristic of the land; and <br /> c. against the grading of land other than attendant to <br /> permitted uses; and <br /> d. against the cutting of vegetation, except as may be <br /> required for fire prevention, thinning, elimination of diseased growth, <br /> and similar measures. <br />�I . <br /> 2 3\1ah\re\lou-ce.agm <br />