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<br />F. No Waiver or Estoppel. No action or failure to act by the Board shall constitute a waiver <br />or estoppel with respect to future action by the Board. <br /> <br />G. Variances. The Board may authorize variances from compliance with any of the <br />provisions of this Declaration, including restrictions upon height, size, floor area or placement of <br />structures within set-back lines established by this Declaration, on a plat (or plats) of the Subject Property, <br />parking requirements, or similar restrictions, when circumstances such as topography, natural <br />obstructions, hardship, aesthetic or environmental considerations may require or when such variance <br />would result in a more common beneficial and/or efficient use and not detract from the overall <br />development plan for the Subject Property as determined by the Board. Such variances must be <br />evidenced in writing and shall become effective when signed by a majority of the members of the Board. <br />The granting of a variance in one instance shall not require the Board to grant a similar variance for <br />another portion of the Subject Property. If any such variance is granted, no violation of the provisions of <br />this Declaration shall be deemed to have occurred with respect to the matter for which the variance was <br />granted; PROVIDED, HOWEVER, THAT THE GRANTING OF A VARIANCE SHALL NOT OPERATE TO <br />WAIVE ANY OF THE PROVISIONS OF THIS DECLARATION FOR ANY PURPOSE EXCEPT AS TO <br />THE PARTICULAR TRACT AND PARTICULAR PROVISION HEREOF COVERED BY THE VARIANCE, <br />NOR SHALL THE GRANTING OF A VARIANCE AFFECT IN ANY WAY THE OWNER'S OBLIGATION <br />TO COMPL YWITH ALL GOVERNMENTAL LAWS AND REGULATIONS AFFECTING THE PROPERTY <br />CONCERNED, INCLUDING, BUT NOT LIMITED TO ZONING ORDINANCES OR REQUIREMENTS <br />IMPOSED BY ANY GOVERNMENTAL AUTHORITY HAVING JURISDICTION. THE OWNERS <br />ACKOWLEDGE THAT ONLY THE CITY SHALL BE AUTHORIZED TO GRANT VARIANCES AND <br />SPECIAL EXCEPTIONS TO THE CITY ZONING ORDINANCE AND GOVERNMENTAL LAND USE <br />RESTRICTIONS THROUGH THE ZONING BOARD OF ADJUSTMENT. THE BOARD AGREES TO <br />INFORM THE CITY IN WRITING ("VARIANCE NOTICE") PRIOR TO THE GRANTING OF ANY <br />VARIANCE REQUEST OF THE ISSUE UNDER CONSIDERATION AND THE PROPOSED ACTION BY <br />THE BOARD SO THAT THE CITY CAN VERIFY THAT THE PROPOSED VARIANCE, IF GRANTED, <br />WOULD NOT VIOLATE ANY ZONING ORDINANCES, LAND RESTRICTIONS OR REGULATIONS, <br />INCLUDING, WITHOUT LIMITATION, THAT CERTAIN DEVELOPMENT AGREEMENT DATED ON OR <br />ABOUT THE DATE HEREOF BETWEEN DEVELOPER AND THE CITY, AND JOINED IN BY THE <br />OTHER OWNERS. If the City objects to the granting of the variance, the City shall notify the Board <br />(through its representative designated in the Variance Notice) within ten (10) business days following the <br />City's receipt of the Variance Notice. If the City fails or refuses to approve or disapprove the variance <br />request within such ten (10) day period, the City will be deemed to approve such variance request. <br /> <br />3. <br /> <br />CONSTRUCTION-RELATED RESTRICTIONS <br /> <br />A. Exterior Materials. Each of the Improvements to be located on any portion of the Subject <br />Property shall be constructed with exterior materials of brick, masonry, stone, marble, or permanently <br />finished (in a manner approved in writing by the Board in their discretion) concrete and/or glass, or of an <br />equivalent, permanent, architecturally-finished material to finished grade. All exterior finishes shall be <br />approved by the Board. No Improvement shall be covered with aluminum, iron, steel or other metal <br />surface or finish unless previously approved in writing by the Board. Sidewalks of a design and location <br />approved by the Board shall be constructed along one side of the right-of-way of all dedicated public <br />streets (except State Highway 146) abutting any property line. Any concrete block exterior surfaces shall <br />be painted. All exterior tilt-up concrete walls must be painted unless constructed with decorative <br />aggregate exterior designs. <br /> <br />B. Building Set Backs. No building or structure or other facility of any nature shall be <br />constructed or erected on a Tract between the adjoining street or roadway right-of-way line or adjoining <br />side or rear property lines and the "Set Back Lines" (defined below) which shall run parallel to the Property <br />as follows: <br /> <br />H-Final Version of Declaration of Protective Covenants and Easements(620880_ 4).DOC 4 <br />