02-14-2005 Council Packet - Laserfiche WebLink

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Declarant wishes to establish the Real Estate as a planned Community under the Act NOW THEREFORE, Declarant declares that the Real Estate is and shall be divided, held, transferred, conveyed, sold, leased, occupied and developed subject to the Act and to the covenants, conditions, restrictions, easements, charges and liens set forth in this Declaration, which shall run with the Real Estate and be binding upon all parties having any right, title or interest in the Real Estate, their heirs, successors and assigns, and which shall inure to the benefit of each Unit owner, and the heirs, successors and assigns of each Unit owner. Note to Readers Many provisions of the Act which govern this common interest Community ("CIC"), and of the Miiuiesota Nonprofit Corporation Act, Minnesota Statutes, Chapter 317A under which the Association is formed, arc not repeated in this Declaration. This Declaration should be read in conjunction with both sUitutes. I .OO DEFINITIONS **0^ Words defined in the Act shall have the meaning ascribed to them in the Act. The following are supplemental definitions. A. “Additional Real Instate” shall mean Lots ,, inclusive. Block 1, Sugarwoods Office Centre, Hennepin County, Minnesota, which may be added to this CIC under the terms of Section 19.01 below. B. C. "Association" shall mean Sugarwoods Office Centre Association, a Minnesota nonprofit corporation. Atrium shall refer to the I.imited Common Element wedgc*plan structure, one of which is located either adjacent to an Office Structure or between two Office Structures. D. H. F. Board of Directors" or "Board" shall mean the board of directors of the Association. “City shall mean the City of Orono, Minnesota. “Common Area' shall mean Lot 1, Block 1, Sugarwoods Office Centre, I lennepin County, Miimesola. G. “Common Elcmcnt.s” are defined in Section 8.0 1 below *>•