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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 determined 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 area <br />requirement based upon the size of the accessory building, which lot area <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 Property, 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 <br />of this Covenant and to its terms, as shown by his/her/their signature(s) upon this <br />document. <br />ACKNOWLEDGEMENT <br />STATE OF MINNESOTA ) <br />) SS . <br />COUNTY OF HENNEPIN ) <br />The foregoing instrument was acknowledged before me this cX d n J day of <br />· A-pc: I . , 19~ by Fdwor-d .I. Ca //e:,b~h :Tr . and <br />-llorc±I, i H. flcf/,n , the ldayor and <br />C.t erk 'T of the City of Orono on behalf of the municipal corporation. <br />CAROLE A. HASEMAN <br />NOTARY PUBLIC-MINNESOTA <br />HENNEPIN COUNTY <br />My Commission Expires Jan . 31, 2noo <br />__f3u d,) C 1iddd22-d/4 J <br />Notary Public <br />Page 2 of 3