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<br />1 <br />188068v5 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />(reserved for recording information) <br /> <br /> PHASE 2 FINAL <br />PLANNED UNIT DEVELOPMENT AGREEMENT <br />(Developer Installed Improvements) <br /> <br />LOT 2, BLOCK 1, LAND O’LAKES ADDITION <br /> <br /> <br /> <br /> THIS PHASE 2 FINAL PLANNED UNIT DEVELOPMENT AGREEMENT (this “Agreement”) is <br />dated ____________________, 20____, by and between the CITY OF ARDEN HILLS, a Minnesota <br />municipal corporation (the “City”), and LAND O’LAKES, INC., a Minnesota corporation (the <br />“Developer”). <br /> 1. RECITALS. <br />A. On the 2nd day of May, 2016, the Developer submitted an application requesting the <br />approval of a Master Planned Unit Development Amendment (the “PUD Master Plan”) for the <br />consolidation and expansion of its headquarters, previously approved by the City as a Planned Unit <br />Development on May 7th, 1979 in Planning Case No. 79-004, and the approval of a Phase 1 Final Planned <br />Unit Development (the “Phase 1-Final Plan”). The Arden Hills City Council approved the PUD Master Plan <br />and the Phase 1-Final Plan on the 27th day of June, 2016. <br />B. On the 6th day of June, 2016, the Developer submitted an application requesting approval of