A. 
The Common Council finds that certain issues arise in condominium developments that require limited applicability of this chapter. The State Legislature has recognized that subdivision ordinances may apply to condominiums but that subdivision ordinances shall not impose requirements upon condominiums that are different from those imposed on other property that is physically identical but under a different form of ownership.
B. 
This chapter applies to condominium developments since condominiums involve the creation of multiple, distinct property entities or units at or near the ground surface, subject to property taxation as separate parcels, each of which may have different ownership and management. The Common Council determines that this makes a condominium development dissimilar, both physically and in ownership, from developments in which the land and improvements are under unitary ownership, management and control.
C. 
The Common Council finds that condominium developments can place impacts on community resources in the same manner as other new developments which are characterized by the division of land into lots. These impacts include:
(1) 
Additional population density.
(2) 
Possibility of use of particular land in a manner unsuitable to the land's characteristics.
(3) 
Additional demands upon the City's parks, recreation areas, utilities and schools.
(4) 
Additional traffic and street use.
A. 
General rule. Pursuant to § 703.27(1), Wis. Stats., the sections of this chapter listed in Subsection C. below are made expressly applicable to condominium developments within the City's jurisdiction.
B. 
Certain condominiums excluded from general rule. The provisions of this chapter shall not apply to:
(1) 
A single principal building located on a single lot or parcel which is in compliance with the current zoning and land use ordinances and which is subsequently transformed into a condominium, without resulting in a land division.
(2) 
A condominium consisting of a single principal building which is constructed after adoption of this chapter, is situated on a single lot or parcel, and which does not involve a division of land.
(3) 
Condominiums that exist as of the date of enactment of this chapter, except to the extent such condominiums are expandable pursuant to § 703.26, Wis. Stats., in which event the expansion is subject to the provisions of this chapter.
C. 
Specific sections of this chapter which apply to condominiums:
(1) 
Section 300-1, Purpose.
(2) 
Section 300-2, Definitions and word usage.
(3) 
Article II, General Provisions, all sections.
(4) 
Section 300-12, Certified survey map.
(5) 
Article V, Design and Engineering Standards, all sections.
(6) 
Article VI, Public Sites and Open Spaces, all sections.
(7) 
Article VII, Required Guarantees, Certificates and Bonds, all sections.
Proposed condominium developments shall include the following provisions in addition to those otherwise required by law or ordinance:
A. 
Declarations for condominium developments consisting of an even number of unit members must include a mandatory third-party arbitration provision for conflict resolution.
B. 
Condominium declarations shall include a voluntary termination provision that requires Common Council consent prior to termination.
C. 
All condominium developments shall include a provision for the establishment of a mandatory escrow account with sufficient funding for purposes of maintenance, repair and/or replacement of common elements.
D. 
All condominium developments shall establish a declaration of easements, restrictions, covenants and conditions for operation and maintenance of said units which shall be submitted to the Plan Commission for its consideration. The declaration must be approved by the Plan Commission before the condominium development is considered approved. After approval, the developer shall record the declaration with the County Register of Deeds.
A. 
For purposes of this chapter, a condominium unit and any associated limited or general common elements shall be deemed to be equivalent to a lot or parcel created by the act of subdivision.
B. 
In addition to complying with other requirements hereunder, a condominium plat shall follow the procedure and requirements of the certified survey map procedures set forth in § 300-12 of this chapter.