Basement dwelling houses only, or basements existing as unfinished construction, or roofed over to be used as a dwelling place shall not be permitted; in the event such condition should develop and continue for a period of one year after commencement of construction thereof, it may, at the end of said one-year period, be abated as a nuisance. No residence may be placed, erected or constructed closer than 10 feet from a lot boundary line; provided, however, that outbuildings or garages may be placed closer to the tract or lot boundary line. No dwelling shall be permitted on any lot at a cost of less than $10,000.00, based upon cost levels prevailing on the date these covenants are recorded, it being the intention and purpose of the covenant to assure that all dwellings shall be of a quality of workmanship and materials substantially the same or better than that which can be produced on the date these covenants are recorded at the minimum cost stated herein for the minimum permitted dwelling size. The ground floor area of the main structure, exclusive of one-story open porches and garages, shall be not less than 600 square feet for a one-story dwelling. No building shall be erected, placed or altered on any lot until the construction plans and specifications and a plan showing the location of the structure have been approved by the Architectural Control Committee as to quality of workmanship and materials, harmony of external design with existing structures, and as to location with respect to topography and finish grade elevation.
NOTES:
- Based on the CPI (consumer price index) as calculated by the U.S. Dept of Labor, the $10,000 indicated in this section of the Covenants is equivalent to $57,191 as of November, 2021. Thus no dwelling shall be permitted on any lot at a cost of less than $57,191 as of November, 2021.
- To get a current amount, please use the Bureau of Labor Statistics CPI Calculator and input a starting amount of $10,000 as of May, 1974.
DISCLAIMER: This re-typed text is provided for convenience only. In the event of a discrepancy between this re-typed copy and the original on file with Fremont County, the Recorded copy is authoritative and the ULWSA disclaims any responsibility for choices made as a result of any typographical errors in this convenience copy