4/14/1992 - Laserfiche WebLink

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APR °. 1992 LOOK b�F A' E On September 10, 1987, the Planning and Zoning Commission granted preliminary plat approval for Peterson Country Estates. The first phase of the subdivision was completed and platted August 16, 1988. The developers, Dr. and Mrs. Albert Mowery, have effectively completed construction of the second and final phase of the project and are now requesting final plat approval, including submission of the following: 1. A plat in conformance with the originally approved preliminary plat; 2. An Engineer's Certified Cost Statement for Construction of the Completed Subdivision Improvements; 3. A Warranty/Maintenance Agreement for the Required Subdivision Improvements; and 4. A security agreement, acceptable to the County Attorney's Office, to guarantee the submitted Warranty/Maintenance Agreement. ANALYSIS: The developer has not been responsible for the paving of 8th Avenue or installation of the water line system to serve the project. Eighth Avenue was paved via a petition paving project, in which the developers have completed payment of their share of _the paving assessment. Additionally, the County will be installing the water line system. The County is currently expanding water service to serve the Indian River Heights Subdivision. The expansion will - also include the Peterson County Estates Subdivision, Unit 2 area which lies directly east, across 8th Avenue, from the Indian River Heights Subdivision. To facilitate the County's installation of the water line system, the developers have paid in full the preliminary assessment lien for the subject property to be platted. It should be noted that no Certificate of Occupancy (C.O.) will be issued for a residence on any lot in the subdivision until the water line is installed and operational. A note indicating this "C.O. condition" has been provided on the final plat. The other required subdivision improvements (e.g. lot grading, drainage swale construction, etc.) have been completed by the developers and a Certificate of Completion for these improvements has been issued by the Public Works Department. To guarantee the performance of the required improvements provided by the developers, the developers have submitted a Warranty/Maintenance Agreement and suitable security, approved by the County Attorney's Office, to guarantee the Warranty/Maintenance Agreement. With the listed documents and the paid assessments, the developers have complied with the appropriate requirements to obtain final plat approval. RECOMMENDATION: Staff recommends that the Board of County Commissioners grant final plat approval for the Peterson Country Estates Subdivision, Unit 2 and accept the submitted Warranty/Maintenance Agreement and authorize the Chairman to execute the Cash Deposit and Escrow Agreement for the cash security payment guaranteeing the Warranty/Maintenance Agreement. C1