4G, Planning Case 11-011 – Select Senior Living of Arden Hills

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CITY OF ARDEN HILLS 1201 COUNTY ROAD E., LLC/TAT PROPERTIES, LLC PLANNED UNIT DEVELOPMENT PERMIT DEVELOPMENT AGREEMENT PLANN�NG CASE NO. 11-011 1.0 Parties. This agreernent ("Agreement") is dated the 29t�' day of August, 2011, and is entered into by the City of Arden Hills, a Mirmesota s�atutory cit� {"City"); and 1201 County Road E, LLC and TAT Properties, LLC (jointly "1201 TAT"). 2.0 Recitals. A. 1201 TAT is the record fee owner of the following described property situated in Ra�nsey County, MN ("Property") which will be platted as Lots 1 and 2, Block 1, Davidson Addition (respecti�ely "Lot 1" and "Lot 2"}: All that part of �lie Sauth %z af fhe Sautheast 1/4 of the �outheast `/4, Section 27, Township 30, Range 23, lying between the Northerly right oi way Iimits of U.S. Highway No. 10, and the Southerly right of way limits of the Minneapolis, St. Paul and Sault Ste. Marie Railroads, and the Westerly right of way limits of Lexingion Avenue and Easterly of the West 250 feet of said Southeast 1/4 of the Sautheast f/4 of Section 27, Township 30, Range 23, according to the plat thereof an file or of record in the office of County Recorder, Ramsey� County, Minnesota. B. 1201 TAT has agreed to convey Lot 1 and the improvements located thereon to Seleci Companies, LLC ("Select"). Select will improve Lot 1 and operate a stat� Iicenseci assisted senior housing facility for a rnixture of independent, assisted and memory care units; and ancillary retail on the first floor of the building. C. 1201 TAT will retain the ownership of Lot 2�or fuiure development pursuan# to ihe terms of a future PUD and Development Agreement. D. On the 25�` day of May, 2011, 120I TAT and Select submitted a combined application requesiing that the City amend its Zoning Regulations; approve a Preliminary and Fina1 Plat for the Property; and approve a Master and Final Pfanned Unit Development for the Lot 1("Application"j. 3.0 CiLy Plannin� Cona.�nission Review. On tlle 8th day of 3une, 2011, at a public hearing, the A�rden Hills Plaiuling Co�nmission reviewed the Application; considered the comments az�.d materials submitted by the City's staff and consultants; considered the cor�ents and materials submitted by 1201 TAT, Select, and their consuliants; and considered ihe comments and/or materials submitied by other individua.�s wha attended the public hearing. Ai the conclusion of the public hearing, the Planning Cornanission recomu�nended approval of ihe Applicaiion subject to various conditions.