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"Highway 12"means the new expressway on the South side of the Plat. <br /> "Improvements"means the Private Improvements and the Public Improvements. <br /> "Lot"means a lot defined within the Plat. <br /> "Plans" means the series of plans and specifications. set forth in Section 8 of this <br /> Agreement. <br /> "Plat" means the final Plat for CRYSTAL BAY BUSINESS CENTER, an industrial center <br /> located at 2725 and 2765 Wayzata Boulevard and 430 and 450 Old Crystal Bay Road North, said <br /> Plat approved of even date with this Agreement. The Plat contains approximately 17.5 acres and <br /> is legally described as Lots 1 and 2, Block 1, and Lots 1, 2, and 3, Block 2, all within Crystal <br /> Bay Business Center, Hennepin County, State of Minnesota, as shown on the attached Exhibit <br /> «A„ <br /> "Private Improvements" means remodeling, construction of buildings, infrastructure, <br /> landscaping, etc. within individual Lots. <br /> "Public Improvements" means construction of infrastructure, landscaping, etc. within <br /> public rights of way. <br /> "Wayzata Boulevard"means the existing highway on the North side of the Plat. <br /> 1. REQUEST FOR PLAT APPROVAL. On September 11, 2006, the City <br /> Council approved a preliminary plat for CRYSTAL BAYBUSINESS CENTER. Said preliminary plat <br /> approval was extended by the City Coucil on September 10, 2007. On September 11, 2006, the <br /> City Council granted Commercial Site Plan Approval including a Conditional Use Permit for <br /> alternative building material for the building proposed on Lot 1, Block 1, and a variance to allow <br /> for a narrower street right of way than required by City standards. The right of way for the new <br /> 132281 v11 <br /> -2- <br />