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182061v3 (reserved for recording information) CITY OF ARDEN HILLS RAMSEY COUNTY, MINNESOTA PLANNED UNIT DEVELOPMENT AMENDMENT Case No. 15-012 1. Recitals. A. Inland Shannon Square Shoppes, L.L.C., is a Delaware limited liability company (“Inland”) which is located in the City of Arden Hills, Ramsey County, Minnesota. B. On the 6th day of April, 2015, Caribou Coffee Company, Inc., a Minnesota corporation (“Caribou”), and Inland submitted a completed application to the City of Arden Hills (“City”) requesting that its existing Planned Unit Development Agreement be amended to allow the construction and addition of a drive-thru lane and pick-up window on the east side of the retail center, specifically the existing Caribou Coffee located at 3673 Lexington Avenue North, in the City of Arden Hills, Minnesota, which will require modifications to the façade to accommodate the 36 square foot addition. In addition, the application also includes related alterations and reconfiguration of the parking area, sidewalk and landscaping, as well as the installation of a menu board, speaker and canvas awning. Said plans and specifications of this project are attached hereto as Exhibit “A”. C. At a public hearing on the 6th day of May, 2015, the Arden Hills Planning Commission reviewed Caribou’s application for a Planned Unit Development (PUD) Amendment, the report and recommendations of the Arden Hills City Planner, the comments made at the public hearing, and recommended approval of the PUD Amendment, subject to certain conditions, to the City Council. D. On the 26th day of May, 2015, the Arden Hills City Council considered the recommendations of the Planning Commission, the effects of the proposed PUD Amendment on the health, safety, convenience, and general welfare of the owners and occupants of the surrounding