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-I JAN 21985 BOOK 59 PCE 3 42 Chairman Lyons agreed that what he was trying to establish earlier was that the water plant was an independent operation. As to "good faith," Mr. Chancellor noted that the water plant is half on their property and half on Sea Oaks. He felt the expenditure of approximately one million dollars by April of this year does constitute a good faith effort on their part. Commissioner Bird asked how it would really hurt them if the Commission ruled this site plan invalid since it apparently is not their present intention to build according to that plan., Mr. Chancellor pointed out that they then probably would get back to a density question. This property originally was purchased at a density of 12-15 per acre and that was the basis of the purchase; now it is down to 6 per acre and there comes a point when the project is not feasible. Commissioner Scurlock felt the only way the density question would come in would be if the Hutchinson Island Resource Manage- ment Plan were enforced. Commissioner Wodtke asked if the lakes were built according to the site plan, and Mr. Chancellor stated that those are two large storm water retention ponds, and land clearing and grubbing was done also. Edward Green, resident of Summerplace, asked if this is the same company which a couple of years ago tried to build a bridge on Jungle Trail, and if so, he would wonder about their credibility. Commissioner Scurlock noted that it is a different company, but the same group. MOTION WAS MADE by Commissioner Scurlock, SECONDED by Commissioner Bowman, to approve staff's recommenda- tion to consider the site plan of Riverbend terminated on the basis that they have not complied with the ordinance's criteria relating to a "good faith" effort since construction was never started. 52 � � r