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i. only one such sign shall be located on a lot or parcel adjacent to the principal entrance in the subdivision. ii. the sign shall be permitted for the exclusive use of all consenting owners or tenants within the subdivi- sion. iii. the sign shall comply with Table I "Schedule of Regula- tions for Permanent Signs Requiring Permits." iv. the sign shall be set back from an adjacent property line a minimum distance of twenty (20) feet, ve the sign may be placed on an existing permitted free- standing sign, however, if a separate sign is erected, such sign shall have a minimum separation distance of ten (10) feet from any existing freestanding sign, vi, except as provided in paragraph vii, the owner of the property on which the sign is located shall apply for a sign peri1TMt and shall be responsible for compliance with the provisions of this ordinance, vii. for non-residential subdivisions requiring plat appro- val, the developer shall designate a tract or easement where the sign shall be located. Such tract or ease- ment shall be dedicated to a property owners associa- tion which shall be responsible for obtaining a sign permit and compliance with the provisions of this ordinance, c. Modifications to the Schedule of Regulations. An applicant may request a modification to the Schedule of Regulations as a bonus for the applicant's voluntary incorporation of aesthetic design consid- erations and a voluntary reduction in the number and cumulative area of permanent identification signs erected. In order to receive a modification, the applicant shall submit a plan of all existing and proposed signs on the subject site to the Director of Planning and Development. The plan shall comely with the criteria below cited: i. The total number of requested permanent signs shall be less than the allowable number of permanent freestanding and/or facade identification signs requiring permits. ii. The cumulative area of the signage proposed for the site includ- ing any existing signage, shall be at least ten (10%) percent less than the maximum allowable cumulative area. iii. The plan for signage shall incorporate a design which is consis- tent with accepted principles of street graphics, including consideration of sign placement, size, and overall relation to the subject site and adjacent properties. A modification in the Schedule of Regulations shall be approved by the Director of Planning and Development. That the Code of Ordinances of Indian River County is hereby amended by adding a section to be numbered 25-0.9, which section shall read as follows: a. Continuance of Existing Nonconforming Signs. Subject to 25.0.5. "Prohibited Signs", signs in place and properly maintained at the time this ordinance is enacted which do not comply with all the provisions of this ordinance but which conformed to sign regulations existing prior to enactment of this ordinance or which were authorized by Indian River County prior to the effective date of this ordinance may be continued subject to the termination provisions of 25-0.9.c. No such nonconforming sign shall be changed in any manner that increases the nonconformity. The provisions of this section shall not be construed to include banners and flags used to attract attention to industrial, conwrcial and residential developments excepting flags pursuant to section 24.O4(b)ix.