“Designated employee dwelling unit” means any dwelling unit which has been deed restricted so as to limit and restrict occupancy to Telluride Housing Authority (THA) qualified employees. The use of the designated employee dwelling unit shall be restricted by executing and recording a covenant in favor of the Town and THA that shall burden and run with the land upon which the unit shall be constructed and which shall meet the applicable standards for deed restriction contained in the Telluride Affordable Housing Guidelines as amended.