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ANALYSIS: <br />The required improvements have been constructed by the developers. <br />The developers have submitted a Warranty/Maintenance Agreement to <br />guarantee the performance of the completed improvements that are <br />dedicated to the county. The applicants submitted a Letter of <br />Credit due to expire on April 8, 1992. Section 910.13(2)(B) of the <br />Indian River County Land Development Regulations requires that <br />maintenance security expire not less than 1 year and 90 days <br />following acceptance of the improvements by the County. For the <br />plat to be approved on February 5, 1991, 1 year and 90 days <br />following would be no earlier than May 6, 1992. Therefore, prior <br />to recording the final plat, a revised Letter of Credit with an <br />adequate expiration date must be received and approved by the <br />County Attorney's Office. <br />RECOMMENDATION: <br />Staff recommends that the Board of County Commissioners grant final <br />plat approval for the Olde South Commercial Park Subdivision, and <br />accept the Warranty/Maintenance Agreement with the following <br />condition: <br />1. The originally submitted Letter of Credit must be revised and <br />submitted for review and approval by the County Attorney's <br />Office prior to the actual recording of the final plat. <br />ON MOTION by Commissioner Eggert, SECONDED by Com- <br />missioner Scurlock, the Board unanimously granted <br />Final Plat Approval for Olde South Commercial Park <br />Subdivision and accepted the Warranty/Maintenance <br />Agreement with the condition recommended by staff. <br />COPY OF AGREEMENT IS ON FILE IN THE OFFICE OF THE CLERK TO THE <br />I._ Request_ to Utilize County Riparian` Land_ for _a_SingIe_ Family <br />Dock (CaIcutta Dr. , COUNTRY CLUB POINTE _ S/ D <br />The Board reviewed the following memo dated 1/30/91: <br />9 P00K 89 F"4UL 5G 7 <br />j6._ FEB 5 1991 <br />