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allow a 2-year extension to a sidewalk contract if a contract was in effect. The time has now come where one of the developers has approached the end of its extension for completion of these sidewalks, and, although the market has picked up and the lots are selling at a-steady pace,the developer does not expect to be at the point to complete the required sidewalks for another 24 months. For this reason, the developer is requesting that the Board revisit this portion of the code to consider granting another 2-year extension so that the developers in this specific situation are not forced to construct these sidewalk segments now, knowing full well that when the lots are sold and later a residence constructed, the construction equipment will destroy the sidewalks and the developer will be required to again construct them before a certificate of occupancy will be issued, thus paying for the same construction twice. RECOMMENDATION: 1. Staff has no objection with regard to amending the code to provide that an additional 2-year extension be available to the developers who are operating under the sidewalk bonding=out regulations that were in effect prior to 2009, and who have sidewalk security currently in place. A code amendment to the LDRs requires two public hearings-one before the Planning and Zoning Commission and one before the Board of County Commissioners. 2. For the sidewalk contracts for the above-named subdivisions, allow a grace period for the developers from having to construct the sidewalks while the Board considers the adoption of an ordinance amendment and,in the event the Board does not adopt an ordinance amendment,give the developers 90 days from the date of the public hearing to complete the sidewalk construction. It is noted that all security posted is in the form of cash. FUNDING: The only cost associated with this issue is the cost of advertising the notice of public hearing for both the Planning and Zoning Commission and the Board of County Commissioners. The cost is estimated to be approximately $350.00. Funds are available from General Fund/County Attorney/Legal Account No. 00110214-033110. REQUESTED ACTION: 1. Authorize staff to proceed with advertising for the Board to hold a public hearing to consider amending portions of Chapter 913 with respect to sidewalk extensions on subdivisions that were platted prior to 2009; and 2. Allow a grace period for the developers from having to construct the sidewalks while the Board considers the adoption of an ordinance amendment to provide for an additional 2-year extension to the existing sidewalk contracts and, in the event the Board does not adopt an ordinance amendment, allow the developers a 90-day grace period from the date of the public hearing to complete the sidewalk construction. If the Board does not adopt such an ordinance amendment and the developer does not complete the sidewalk construction within the 90-day grace period, authorize staff to proceed to call the security due to the contract being in default. nhm 2 133