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AGENDA ITEM – 9C City of Arden Hills City Council Meeting for June 27, 2016 P:\Planning\Planning Cases\2016\PC 16-014 - Land O' Lakes - PUD\Memos_Reports_16-014 Page 9 of 14 monument sign will be erected at the secondary main entrance across from Innovation Way along County Road F West. 3. Chapter 11, Subdivision Code A. Park Dedication The City Code does not require that additional park dedication fees be collected for the Master PUD or Final PUD for Phase 1. However, park dedication fees will be negotiated when the applicant applies for the future Phase 2 of the project. Section 1130.08 of the Subdivision Code (Public Use Dedications) states that the City may require as a condition of approval for a Planned Unit Development the dedication of land, or payment in lieu, and park improvement fees if it is determined the project will result in an increased demand for park land or improvements. In establishing the amount required the City is to take into consideration previous payments or dedications for park purposes. As a condition of approval for the PUD approval in Planning Case 79-004, Land O’Lakes was required to pay a park dedication fee in the amount of $151,981.10. 4. Traffic Study A traffic study for the proposed expansion of the Land O’Lakes Campus was completed by SRF Consulting and can be reviewed in Attachment D. On page 22 and 23 of the report a summary and conclusions section has been provided, where 9d suggests that a 3/4 access be constructed with Phase 1 of the project at the access drive along Lexington Avenue North. The traffic study was submitted to the Ramsey County Traffic Engineer for review, and their comments for both Phase 1 and Phase 2 of the Master PUD can be reviewed in Attachment C. 5. Tax Abatement On April 11, 2016, the City Council approved an Abatement Contract with Land O’Lakes to facilitate the company’s plans for the corporate headquarters consolidation. Under the terms and conditions of the Contract, Land O’Lakes must complete certain minimum improvements including the construction of an at least 145,000 square foot office building expansion. The proposed Master PUD includes a new approximately 155,000 gross square foot office building and meets the requirements of the Abatement Contract.