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i. Phase 1 will include the demolition of the existing structure and <br />the construction of a multi-tenant commercial building on Lot 2, <br />Block 1, Roberts Addition to Arden Hills. <br /> <br />ii. Phase 2 will include the remodeling of the existing building on Lot <br />1, Block 1, Roberts Addition to Arden Hills. <br /> <br />iii. Phase 3 will include the demolition of the existing structure and <br />the construction of a multi-tenant commercial building and two <br />mixed retail-office buildings on Lot 3, Block 1, Roberts Addition <br />to Arden Hills. <br /> <br />2. CITY PLANNING COMMISSION REVIEW AND RECOMMENDATION. <br /> <br />th <br />On the 19 day of June, 2013, the City Planning Commission reviewed the application at a <br />public hearing and after considering the a <br />and consultants, reports and comments of the Developer, and other public comments; and, <br />subject to conditions, recommended approval of the PUD Master Plan; the Phase 1 Final Plan; <br />and the preliminary plat of the property. <br />th <br />3. CITY COUNCIL REVIEW <br />. On the 8 day of July, 2013, the City Council <br />reviewed the a <br />the reports and requests of Lexington Station; and the recommendations of the City Planning <br />Commission; and has approved the PUD Master Plan; the Phase 1 Final Plan; and the <br />preliminary plat of the property; all subject to the terms and conditions contained herein. <br />4.TERMS AND CONDITIONS <br /> . <br />approvals; in compliance with the and in consideration of the <br />undertakings expressed herein, the parties agree: <br /> <br />A.PUD Master Plan. <br /> <br />1.Lexington Station is authorized to apply for and obtain building permits <br />consistent with the approved plans for Phase I of the Redevelopment <br />Project in conjunction with or following final plat approval for Phase I. <br />168952 <br />