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A) No future subdivision of the Subject Property will be approved that places the <br /> OAS within a lot that has no principal structure. � <br /> B) Should Applicants wish to subdivide the Subject Property, the OAS may remain <br /> without a principal structure for a period to be deterinined by the Orono City <br /> Council. If no principal structure is fully constructed and completed on the <br /> property by the end of the determined period, the OAS must be removed. <br /> C) Should Applicants subdivide the Subject Property, the OAS and the principal <br /> structure shall be located within the same lot, which meets the minimum lot azea <br /> requirement based upon the size of the accessory building, which lot azea <br /> requirement is detailed in Section 10.03, Subdivision 9 (C)(2) of the Orono <br /> Municipal Code. Setback requirements as defined in Section 10.03, Subdivision <br /> 9 (C)(a) shall also apply. <br /> 3. This Covenant shall be binding upon current and future owners of Subject Properly, and <br /> shall be filed within the chain of title of the Subject Property. <br /> 4. Fee owner(s) of the Subject Property, if not the Applicants, consent to the execution of <br /> this Covenant and to its terms, as shown by his/her/their signature(s) upon this <br /> document. ' <br /> ITY F ORONO: <br /> By: <br /> Its Mayor <br /> < <br /> gy; � .�� <br /> Its City Clerk <br /> ACKNOWLEDGEMENT <br /> STATE OF NZINNESOTA ) <br /> ) ss. <br /> COUNTY OF HENNEPIN ) <br /> The foregoing instrument was acknowledged before me this ,� (� day of <br /> !�PlJY'c�r w , 19�9 � bY r- ancl <br /> ;y� , the � and <br /> of the City of Orono on beh f of the municipal corporation. <br /> ��`='"`''�' � /�/Y,t-�o� (o. ?��slr.,r / <br /> ' �: CAROLE A NASEMAN Notary Public <br /> �` .��:,k,�t� NOTARYPUBIIC-MINNESOTA <br /> � '�?,;y:• HENNEPIN COUNTY <br /> My Ccmmission Ex�ires dan.31,2000 <br /> 'cE7�..-� �- <br /> ---.�...-�,�.�-<j <br /> Page 2 of 3 <br />