PC Packet 03.23.17 - Laserfiche WebLink

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(Above Space Reserved for Recording Data) MASTER DECLARATION ADELAIDE LANDING This Master Declaration of Adelaide Landing (the "Master Declaration"), is made and executed this day of , 2017, by OP5 Adelaide, LLC, a Minnesota limited liability company (the "Master Developer"), pursuant to Section 515B.2-121 of the Minnesota Common Interest Ownership Act ("MCIOA"). WITNESSETH WHEREAS, the Master Developer, as the owner or with consent of the owner(s) attached hereto, desires to submit certain real property located in the County of Washington, State of Minnesota, and legally described in Exhibit A attached hereto (the "Property") to this Master Declaration; WHEREAS, the Master Developer also owns, or may acquire, and has the authority add to the Property, all or part of the real property legally described in Exhibit C attached hereto (the "Additional Property"); WHEREAS, the Master Developer has established the Master Association, as defined in this Master Declaration, to act as a "master association" within the meaning of MCIOA, for the purposes described in this Master Declaration; WHEREAS, the Property and any Additional Property subjected to this Master Declaration shall not, collectively, constitute a separate common interest community as defined in MCIOA; and WHEREAS, the Master Developer desires to provide for the administration of certain services for the Property; the enforcement of the covenants, conditions and restrictions contained in this Master Declaration; and the preservation of the amenities and architectural character of the Property; and to this end wishes to subject the Property to this Master Declaration. NOW, THEREFORE, the Master Developer, with the consents of the owners of those parts of the Property not owned by the Master Developer, subjects the Property to this Master Declaration pursuant to Section 515B.2-121 of MCIOA, declaring (i) that this Master 219o39s.v1