This Declaration of Covenants (Covenants) is made this 20th day of February, 2003, by the River Ridge Development Authority, (Authority) a body corporate and politic, under the laws of the State of Indiana and is adopted by the Authority to impose development standards to insure the real estate and facilities to be constructed at the River Ridge Commerce Center® will be of benefit to the community, state, and region.
1. River Ridge Commerce Center® (RRCC)
The real estate and facilities that are the subject of these Covenants is the real property known as the River Ridge Commerce Center®, a business park located at the former Indiana Army Ammunition Plant (INAAP) in Clark County, Indiana. The RRCC business park shall be the INAAP vacant land designated by the U.S. Army as being of Category 1 Environmental Condition as of now or so designated in the future.
2. Developer
All persons, firms, partnerships and corporations who own, lease, use, or acquire an interest in any portion of the RRCC shall be referred to as the Developer and be bound by these Covenants that shall run with the land. The Authority shall not be deemed a developer.
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