11-1-10: COMMON WALL SUBDIVISION:
   A.   Purpose: The purpose of this title shall be to allow a business owner to purchase a portion of a building, causing a subdivision within an existing property/structure.
   B.   Requirements:
      1.   The purchase shall include the portion of the building and the property on which it sits.
      2.   The Planning Commission shall review a subdivision application submitted by the subdivision requestor along with a plat map showing legal ownership, legal description and survey of proposed subdivision, townsite block, and surrounding streets.
      3.   Common Wall Agreement: A signed agreement shall be presented to the Planning Commission as follows:
         a.   Definition of properties to include legal survey and legal description of proposed subdivision;
         b.   Establishment of Common Facilities;
         c.   Repair and Maintenance;
         d.   Maintenance of Non-Common Areas;
         e.   No Right of Modification/Alteration;
         f.   Covenant Running with the Land;
         g.   Restriction on Amendment to this Agreement;
         h.   Lien Rights;
         i.   Maintenance and Repair of Individual Conjoining Property;
         j.   Insurance;
         k.   Cross-Easement;
         l.   Common Wall;
         m.   Power of Attorney;
         n.   Limitations of Use; and
         o.   Attorney Fees.
      4.   The Planning Commission shall consider recommendation of the requested subdivision to the Monticello City Council for final approval. (Ord. 2020-6, 11-10-2020, eff. 11-10-2020)