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C. Pursuant paragraph 33.E. of the Development Contract, any requested amendments shall be approved by the City subject to the requirements of the Arden Hills City Code and Ordinances. D. Pursuant to paragraph 28.A. of the Development Contract, the Developer has requested an amendment to the Development Contract to implement the Lake Valentine Pedestrian Study, and as amended by the supplemental agreements, which includes safety improvements on Lake Valentine Road to address traffic and increased pedestrian crossings between the school building and the north parking lot, including installation of turn lanes and other access improvements, trail and sidewalk improvements, pedestrian signal, signage and striping modifications, and drainage and utility improvements ("Improvements"). E. Pursuant to City Code, Chapter 13, Section 1255.04, a PUD Amendment may be approved by a simple majority of the City Council after public hearing and recommendation of the Planning Commission. The Developer shall follow the procedures and requirements of the Development Contract. This PUD Amendment shall be executed by the City and Developer/Owner, and recorded against the Subject Property. F. The City Council reviewed and approved the proposed PUD Amendment on April 27, 2020, subject to the conditions in Exhibit"B" attached hereto. All conditions of approval set forth in Exhibit`B" are hereinafter the obligations of the Developer. NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: 1. The City approves the Developer's request for a PUD Amendment to the Development Contract subject to the implementation of the recommendations and subject to the conditions listed on Exhibit"B". 2. The Developer shall construct and install all required Improvements pursuant to the City approved plans and specifications for Lake Valentine Road Improvements prepared by Bolton & Menk 2 211093v2