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AGENDA ITEM—9C <br /> monument sign will be erected at the secondary main entrance across from Innovation Way <br /> along County Road F West. <br /> 3. Chapter 11, Subdivision Code <br /> A. Park Dedication <br /> The City Code does not require that additional park dedication fees be collected for the <br /> Master PUD or Final PUD for Phase 1. However, park dedication fees will be negotiated <br /> when the applicant applies for the future Phase 2 of the project. <br /> Section 1130.08 of the Subdivision Code (Public Use Dedications) states that the City may <br /> require as a condition of approval for a Planned Unit Development the dedication of land, or <br /> payment in lieu, and park improvement fees if it is determined the project will result in an <br /> increased demand for park land or improvements. In establishing the amount required the <br /> City is to take into consideration previous payments or dedications for park purposes. As a <br /> condition of approval for the PUD approval in Planning Case 79-004, Land O'Lakes was <br /> required to pay a park dedication fee in the amount of$151,981.10. <br /> 4. Traffic Study <br /> A traffic study for the proposed expansion of the Land O'Lakes Campus was completed by <br /> SRF Consulting and can be reviewed in Attachment D. On page 22 and 23 of the report a <br /> summary and conclusions section has been provided, where 9d suggests that a 3/4 access be <br /> constructed with Phase 1 of the project at the access drive along Lexington Avenue North. <br /> The traffic study was submitted to the Ramsey County Traffic Engineer for review, and their <br /> comments for both Phase 1 and Phase 2 of the Master PUD can be reviewed in Attachment <br /> C. <br /> 5. Tax Abatement <br /> On April 11, 2016, the City Council approved an Abatement Contract with Land O'Lakes to <br /> facilitate the company's plans for the corporate headquarters consolidation. Under the terms <br /> and conditions of the Contract, Land O'Lakes must complete certain minimum <br /> improvements including the construction of an at least 145,000 square foot office building <br /> expansion. The proposed Master PUD includes a new approximately 155,000 gross square <br /> foot office building and meets the requirements of the Abatement Contract. <br /> City of Arden Hills <br /> City Council Meeting for June 27, 2016 <br /> P:IPlanningWlanning Cases120161PC 16-014-Land O'Lakes-PUDWemos Reports_16-014 <br /> Page 9 of 14 <br />