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

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CITY OF ARDEN HILLS SELECT COMPANIES, LLC PLANNED UNIT DEVELOPMENT PERMIT DEVELOPMENT AGREEMENT PLANNING CASE NO. � i-011 1.0 Parties. This agreement ("Agreement") is dated the 29th day of Augusi, 2011, and is entered into by the City of Arden Hills, a Minnesoia statuiary city ("City"); and Select Campanies, LLC; and Select Seniar Livin.g of Arden Hills, LLC ("Select"}. 2.0 Recitals. A. 1201 County Road E, LLC and TAT Properties, LLC {jointly "1201 TAT") are the record fee owners of the £oIlowing described property situated in Ramsey County, MN {"Property") which wiil be platted as Lots 1 and 2, Block 1, Select Senior Living-Arden Hills (respeciively "Lot 1" ar�d "Lot 2"}: All that part of the South %z of the Souxheast '/a of the �outheast "/a, Sectian 27, Township 30, Range 23, lying between the Northerly righi of vvap limits of U.S. Highway Na 10, and the Southerly right a� way Iimits of the Minneapolis, St. Paul and Sault Sfe. Mar�e Railroads, and the Westerly right of way limzts of Lexington Avenue and Easterly of the West 250 feet of said Southeast 1/4 of the �outheast '/4 of Section 27, Township 30, Range 23, according to ihe plat thereaf on file or of record in the office of County Recorder, Rarnsey County, Minnesota. B. 120 i TAT has agreed to convey Lot 1 and the improv�ments located thereon ta Select. Select will improve Lot 1 and operate a siate Iicensed assisted senior housing facility far a znixiure of independent, assisted and mennory care units; and for some retail on the first floor of the building. C. 1201 TAT will retain the ownership of Lai 2 far future developme�t pursuant to the terms o� a future PUD and Development Agreernent. D. On the 25�' day of May, 2011, 1201 TAT and Select submit�ed a combined application requesting that the City amend its Zoning Regulations; approve a Pxeliminary and Fin.al Plat for the Property; and approve a Master and Final Planned Unit Development for the Lot 1("Application"). 3.0 C�Plannin� Commission Review. On the 8�' day of June, 2011, at a public hearing, the Arden HilIs Planning Connmission revievcred the Applicatian; considered the comments and materials submitted by the City's staff and consultants; considered the comments and mat�rials submitted by 1201 TAT, Select, and their consultants; and cansidered the cornments and/ar materials submitted by otlier individuals who attended