Sec. 153.988 - Deed restriction requirements.

(A)

Along with the approval of a SB9 housing project, a deed restriction that includes notarized signatures of all property owners shall be recorded on the SB9 lot including the following restrictions:

(1)

The lot shall be subject to SB9 allowable land uses and development standards outlined in the Woodside Municipal Code;

(2)

Rental of all units shall be for a term of more than 30 days. Rentals of 30 days or less are prohibited; and,

(3)

All existing site improvements that become nonconforming to general or SB9 Municipal Code regulations from the SB9 housing project may only be modified subject to SB9 objective development standards outlined in Municipal Code Section 153.980.

(B)

No removal or modification of the recorded deed restriction shall occur without Town approval, or state laws that supersede current deed restriction requirements. Alternatively, SB9 housing projects that were not part of an SB9 lot split could remove the SB9 housing project improvements, remove the deed restriction, and revert back to general site development and zoning development standards.

(Ord. 2022-624, § 4(Exh. B), effective 2-10-22)