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<br />216506v1 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />(reserved for recording information) <br /> FINAL <br />PLANNED UNIT DEVELOPMENT AGREEMENT (Developer Installed Improvements) <br /> <br /> JAB REAL ESTATE, LLC(PC#21-014) <br /> <br /> <br /> THIS FINAL PLANNED UNIT DEVELOPMENT AGREEMENT (“Agreement”) is <br />dated ____________________, 2021, by and between the CITY OF ARDEN HILLS, a <br />Minnesota municipal corporation, whose address is 1245 West Highway 96, Arden Hills, MN <br />55112 (“City”), and JAB REAL ESTATE, LLC , a Minnesota limited liability company , <br />whose address is 4732 Perry Avenue North, Crystal, MN, 55429 (sometimes referred to herein as <br />the “Developer” or “Property Owner”). <br /> 1. RECITALS. <br /> A. Developer is the record fee owner of property situated in the County of Ramsey, <br />State of Minnesota, and legally described as Lot 2, Block 1, Arden Plaza (“Subject Property”). <br />Said site is for future development pursuant to the terms of an Amended and Restated Master <br />Planned Unit Development Agreement and Phase I Development Contract (Planning Case #14- <br />016) recorded as Document No. T2551172 and a First Amendment to Amended and Restated <br />Master Planned Unit Development recorded as Document No. T2551176. For each successive