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. ' CITY OF ROSEVILLE PLANNED UNIT DEVELOPMENT/SUBDIVISION AGREEMENT #1199 AGREEMENT, dated March 10, 1998, between the City of Roseville, a Minnesota municipal corporation (herein referred to as "CITY"), and Bradley Operating Limited Partnership, a Delaware Limited Partnership (herein referred to as "DEVELOPER"). 1.0 Effective Date of Agreement This agreement shall be effective upon completion of the following: 1) passage and publication of Ordinance #1199 (Rezoning of Property to PUD); 2) execution of this agreement by the CITY; 3) recording of the final plat and this agreement with Ramsey County; and 4) execution of a financial assistance agreement by the CITY for improvements on and adjacent to the site. 2.0 Request for Planned Unit Development and Plat Approval The DEVELOPER has asked the CITY to approve a Planned Unit Development (PUD) (PF#2963) consisting of an existing 76,000 square foot (approximate) multi-tenant retail center (Lot 2), a free-standing 2,150 square foot (approximate) restaurant on the site formerly occupied by Fina Petroleum (Lot 1), and a building pad for a future tenant on the site formerly occupied by Margolis Nursery (Lot 3). In conjunction with the PUD, the DEVELOPER has also asked the CITY to approve the plat for Roseville Center, a three-lot subd~v~sion of the total 6.35 acres. The subject property is generally located west of Lexington Avenue and north of Larpenteur Avenue, and is legally described as follows: The _~~OSeWIe Center, also legally described as: the Westerly 251.73 feet of the Easterly 800.46 feet of the Southeast Quarter of the Southeast Quarter of Section 15, Township 29 North, Range 23 West, Ramsey County, Minnesota, except the Northerly 767 feet, and except the Southerly 369.89 feet thereof, the Westerly boundary line of said tract being the center line of Dunlap Street; subject to highway easement over the North 33 feet thereof. Also the East 800.46 feet of the South 369.89 feet of the Southeast Quarter of the Southeast Quarter part of Section 15, Township 29 North, Range 23 West, Ramsey County, Minnesota; said tract extending from the center line of Lexington Avenue to the center line of Dunlap Street; all according to the Government Survey thereof, and except for those portions taken by the State of Minnesota for highway purposes (PINs are 15-29-23-44-0006, 15-29-23-44-0007, 15- 29-23-44-0008, and 15-29-23-44-0057). 3.0 Planned Unit Development and Plat Approval The CITY hereby grants approval of the final development plan for Roseville Center Planned Unit Development, subject to the DEVELOPER's compliance with the terms and PUD/Subdivision Agreement #1199 (Roseville Center) - Page 1 of 11 "