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bi CITY OF ORONO <br />HENNEPIN COUNTY, MINESOTA <br />PLANNED UNIT DEVELOPMENT NO. 2C AGREEMENT <br />AND DEVELOPMENT CONTRACT <br />AMBER WOODS OFFICE CENTRE <br />LOTS 1-11, BLOCK 1, AMBER WOODS OFFICE CENTRE <br />DEVELOPER: SUGARWOODS OFHCE CENTER, LLC. <br />OWNER: SUGARWOODS OFFICE CENTER, LLC. <br />THIS PLANNED UNIT DEVELOPMENT NO. 2C AGREEMENT AND <br />PUD/DEVELOPMENT CONTRACT (collectively the “Agreement'’) is made and entered into <br />this____day of___________, 2005 by and between the CITY OF ORONO, a municipal <br />corporation organized and existing under the laws of the State of Minnesota (hereinafter the <br />“City”) and Sugarwoods Office Center, LLC., a limited liability company (hereinafter the <br />“Developer” and the “Owner”). <br />WITNESSETH: <br />WHEREAS, the Developer has made application to the City Council for approval of a <br />Planned Unit Development rezoning application (PUD) including subdivision to create ten (10) <br />lots and one (1) conunon lot on one block to be known as AMBER WOODS OFFICE CENTRE, <br />commercial site plan review, and easement vacations for the purpose of developing <br />approximately 34,186 s.f. of office condominiums; and <br />WHEREAS, on March 28, 2005 the City Council granted Concept Plan approval for <br />development of the proposed office condominiums per Resolution No. 52%, on the conditions <br />that the Developer fulfill the obligations of the approved Concept Plan Resolution and enter into <br />this Agreement to provide for conformance with the City's Planned Unit Development (PUD) <br />ordinances and to provide for the installation and maintenance of improvements. <br />NOW, THEREFORE, in consideration of the premises, and of the actual promises and <br />conditions hereinafter contained, it is hereby agreed as follows: <br />1.Property Description. This Agreement shall apply only to the following described <br />property located in Hennepin County, Minnesota: <br />Lots 1-11, Block 1, AMBER W< <br />(hereinafter the “Property”) <br />I IS OFFICE CENTRE <br />2.Zoning. The Property is zoned as a Planned Unit Development under the Orono planned <br />unit development ordinance with underlying B-6 zoning for the office component. <br />Page I of9 <br />Developer Initial. <br />City Clerk Initial <br />b