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(J ;- (i:.. ,q (1 CITY of ROSEVILLE PLANNED UNIT DEVELOPMENT AGREEMENT #1225 AGREEMENT, approved by the Roseville City Council on July 12, 1999, and entered into between the City of Roseville, a Minnesota municipal corporation (herein referred to as "CITY"), and L.J. Olson Heritage, LLC, 1940-1944 Lexington Avenue North, Roseville, Minnesota, 55113 (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 # 1225 (Rezoning of Property to PUD); 2) publication of the ordinance in the CITY's official newspaper; 3) execution of this agreement by the CITY and the DEVELOPER; and 4) recording of this agreement with Ramsey County. 2.0 Request for Planned Unit Development Approval The DEVELOPER has asked the CITY to approve a multi-tenant Planned Unit Development (PUD) (PF#3077) that provides renovation and additions totaling 4,516 square feet for the office, retail and laboratory facility. The property is legally described as follows: 1940 Lexington Avenue North (PID # 142923230067) City of Roseville, Ramsey County, Minnesota, legally described as follows: Section 14, Township 29, Range 23, excepttheSouth 183 feet of the West 183feet of the South Y2 of the Southwest Y4 of the Southwest Y4 of the Northwest Y4 (subject to highway) Section 14, Township 29, Range 23, Ramsey County, Minnesota. 3.0 Planned Unit Development Approval The CITY hereby grants approval of the final development plan for the DEVELOPER, subject to the compliance with the terms and conditions of this agreement. The CITY agrees to approve applications for building permits provided; the plans are consistent with the exhibits approved at the concept and final stages of the Planned Unit Development process; the DEVELOPER has not defaulted; and all of the standards and conditions of this agreement have been satisfied. For three years from the date of this Agreement, no amendments to the CITY'S Comprehensive Guide Plan or official controls shall apply to or affect the use, development density, site layout, or dedication requirements of the land included in the Planned Unit Development, unless required by state or federal law or agreed to in writing by the CITY and the DEVELOPER. For any improvements proposed thereafter, notwithstanding anything in this Agreement to the contrary, the CITY may require compliance with any amendments to the City's Comprehensive Guide Plan, official controls, platting or dedication requirements enacted after the date of this Contract. 1