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182061v3 (2) That the Inland and Caribou shall continue to abide by all previous agreements, as amended b y the conditions of approval of this application. (3) That a Planned Unit Development (PUD) Amendment shall be prepared by the City Attorney and subject to City Council approval. The PUD Amendment shall be signed b y Inland and Caribou and approved by Council prior to the issuance of any building permits. (4) That a building permit, grading and erosion control permit, and RCWD permit if required shall be obtained for the proposed project. (5) That the building permit for the addition shall be issued by June 1, 2016, or an extension shall be requested at least 45 days preceding this deadline. (6) That Inland and/or Caribous shall submit a financial surety in the amount of 125 percent of the estimated costs of landscaping (materials and installation) prior to the issuance of a building permit. The financial surety shall be in the form of a letter of credit issued by a FDIC-insured Minnesota bank. The purpose of the letter of credit is to ensure that landscaping is completed in the event that the Inland and/or Caribou default on the PUD Amendment. The City will hold the letter of credit for two (2) years after the installation of landscaping. The letter of credit should not expire during the two-year period. (7) That no additional wall signage beyond what is permitted in the Zoning Code shall be permitted as part of this application. The additional signage depicted within the Development Plan Set A1.1 is not being considered at this time. 5. Compliance. Inland and Caribous hereby agree to comply with the conditions of approval for this PUD Amendment. [Remainder of page intentionally left blank. Signatures contained on following pages.]