HomeMy WebLinkAboutW_Fee_Wavier_Signature_pg_Greystoke_LLC_180406_v2.pdfW. eat.11L6ire'CiO enant: All resident a, units whic!I obtain a successful fee waiver must contain a
restrictive covenant indicating that the units will be platted or will be restricted to condominium housing.
After review and approval of the waiver by the City Council and the review and approval of the restrictive
covenant by the Community and Economic Development Administrator, the restrictive covenant must be
executed and recorded at the applicant's expense prior to the issuance of the building permit for the
project, unless otherwise approved by City Council. f=ailure to timely execute and record the covenant will
result in the applicant being responsible for any and all applicable fees and interest accrued as a result of
the delay.
The Restrictive Covenant outlined in "6." herein before will be drafted for all 11 townhome units and will be
submitted to the (Aommunity and Economic Development Adi- ignistrator for review anu approval to
ensure that it meets the intent of the requirement. f=ollowing approval of the Restrictive Covenant
it witi1 be recourded prior to applying for building permits for each townhome unit.
Signed this of Marcie, 2018
Y e.sanq, Aoprcant Z)�