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ANALYSIS: Most but not all, of the required Gifford PD subdivision improvements have been completed. As provided for under the LDRs applicable to this final plat application, the applicant is proposing to "bond -out" for the remaining required improvements (landscaping and buffer wall). Public Works and Planning have reviewed and approved the submitted Engineer's Certified Cost Estimate for the remaining improvements. The County Attorney's Office has reviewed and approved the submitted Contract for Construction of Required Improvements. The proposed security arrangement, with represents 125% of the estimated cost to construct the required improvements, has been reviewed and approved by county staff. It should be noted that all improvements within the Gifford PD will be private, with the exception of certain utilities facilities. Those utility facilities will be dedicated to and guaranteed to Indian River County as required, through the certificate of completion process. In addition, a warranty and maintenance agreement will be required for the paving and stormwater improvements, prior to issuance of a certificate of completion. Legal provisions for utilities, drainage, and access are being handled through a combination of public utility easements and private reciprocal easements. County staff, including the County Attorney's Office, has reviewed and approved the final plat format and determined that all applicable final plat requirements are satisfied. RECOMMENDATION: Staff recommends that the Board of County Commissioners grant final plat approval for Gifford PD. ATTACHMENTS: 1. Application 2. Location Map 3. Final Plat Graphic 4. Contract for Construction and Cash Deposit and Escrow Agreement APPROVED AGENDA ITEM: FOR:. January 19, 20116 BY 4. AaAj, Indian River Co, Approved Date Admin. Legal Budget Dept. 13 Risk Mgr. FACommunity Development\CurDev\Final Plats\BCC staff reports\2016FPrpts\GiffordPD(PD-14-10-13).doc 2 22