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CITY of ROSEVILLE PLANNED UNIT DEVELOPMENT AGREEMENT # This PLANNED UNIT DEVELOPMENT AGREEMENT ("AGREEMENT"), dated May 9,2005 is entered into between the City of Roseville, a Minnesota municipal corporation, of 2660 Civic Center Drive, Roseville, Minnesota 55113 ("CITY") and RRF RTL �osedale Shopping Center, LLC, by its agent Jones, Lang, LaSalle Properties, 1595 Highway 36 West, with offices at 10 Rosedale Center Roseville, M N 55113 ("DEVELOPER"). For reference, the PIN is: 092923410004 and the City of Roseville proj ect file is: PF3G08. 1.0 EFFECTIVE DATE ofAGREEMENT: This ARGREEMENT shall be effective upon completion of all of the following: L 1 Passage and recording of this PLTD AGREEMENT, amending the existing Rosedale Shopping Center PUD of January 1,2000 (Ordinance # 1234), With specific terms and conditions for redevelopinentlexpansion of the Mall. 1.2 Execution of this AGREEMENT by the CITY and the DEVELOPER. 1.3 Recording of the Public Improvements Contract, the amendments to the Transit Hub (Center) and Transit Operating Agreements and any City approved public easements, with the Ramsey County Recorder. 2.0 REQUEST for PUD APPROVAL: The DEVELOPER has requested that the CITY approve an amendment to portions of the existing Rosedale Shopping Center Planned Unit Development (PUD) of January l, 2000 (Exhibit A) that provides for the removal of the three stow 170,000 sq. ft. east wing anchor department store (formerly known as 1VIervSm's) and redevelopment of approximately 182,000 sq. ft. of retail space in a three story format, which includes 123,748 sq. ft. (es�imated) of retail space and a 58,678 sq. ft. (estimated)14 screen movie theater on 14.97 acres wherein the building area expands by approximately 12,000 sq. ft., located at 1595 Highway 36 West. The legal description for this development (subject property) is: Rosedale Center Fourth Addition Lots 3& Lot 4, Block 1 3.0 PUD APPROVAL: The CITY hereby grants approval of the amended Planned Unit Development (identified as Exhibits A through Kin Section 4.0 ofthis AGREEMENT), subject to the DEVELOPER's compliance with the terms and conditions of this AGREEMENT. The City agrees to approve applications for building permits, if said applications are consistent with the plans identified in Section 4.0 below.