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� <br /> ' i / .. <br /> � <br /> Revised Draft 6l2/03 . <br /> "°`� � � " � CITY OF ORONO <br /> HENNEPIN CUUNTY,IVIINESOTA <br /> PLANNED ITI�IIT DEVELOPMENT N0.3 AGREEMENT <br /> FOR MEDICAL OFFICE BUILDING <br /> AT 2745-2765 KELLEY PARKWAY <br /> DEVELOPER: PROFESSIONAL PROPERTIES 4F ORONO,INC. <br /> TffiS AGREEMENT, made and entered into this��da.y of_,.�tiW� , 2003,,by <br /> and between the City of Orono, a municipal corporatian organized and existing under the laws of <br /> the State of Minnesota (hereinafte�r called "City'�, and Professional Pzoperties of Orono, Inc., a <br /> Minnesota Corporation,its heirs, successors and assigtxs(hereinafter called"Developer'�. � <br /> WITNESSETH: � <br /> � WREREAS, the Developer has made application to the City Council for approval of a <br /> Planned Uzut Development rezoning application(PUD)including a commercial site plan review,for <br /> the purpose of developing a 16,000 s.f. medical office building on properiy located at 2745-2765 <br /> Kelley Pazkway;and . <br /> WHEREAS, on September 9, 2002 the City Council granted Concept Plan Approval for <br /> development of a 16,000 s.f.medical office building(the"Medical Office Building"}per Resolution <br /> No.4860,on the condition tl2at the Developer enter into this agreement to pravide for confonmance <br /> with the City's Planned Unit Devetopment(PUD)ordinances,and to provide for the installation and <br /> � mainfenance of improvements associated with the development; and <br /> WHEREAS,on November 12,2002�the City Cauncil granted General Deveiopmen�t Plan <br /> Approval for the Medical Office Building per Resolution No. 4890, including approval of <br /> preliminary desigzi and site plans and establislung final approval conditions. <br /> NOW,�THEREFURE, in consideration of the premises, and of the actnal promises and <br /> conditions hereinafter contained, it is hereby agreed as follows: <br /> A. General Terms �nd Conditionts <br /> 1. Property Description. This Planned Un.it Development No. 3 Agreement for Professional <br /> Pzoperties of Orano,Inc.Medical Office Building applies to tlie following described property <br /> located in Hennepin County,Minnesota: � <br /> Develope�r Initial/'f/� <br /> City�lerk Initial� <br /> Page 1 of l.2 <br />