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INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />TO: Joseph A Baird; County Administrator <br />DEPARTMENT HEAD CONCURRENCE: <br />Stan Boling, AIC j Community Development Director <br />THROUGH: John W. McCoy, AICP; Chief, Current Development <br />FROM: Ryan Sweeney; Senior Planner, Current Development <br />DATE: May 12, 2016 <br />SUBJECT: 790 AIA, LLC's Request for Final Plat Approval for Sandy Lane PD <br />[2014060029-76352 / PD -15-07-02] <br />It is requested that the data herein presented be given formal consideration by the Board of <br />County Commissioners at its regular meeting of May 24, 2016. <br />DESCRIPTION & CONDITIONS: <br />The Sandy Lane PD is a 6.02 acre residential planned development project consisting of 9 lots at <br />an overall density of 1.49 units per acre. The subject site is located on the south barrier island, <br />east of Highway AIA, south of White Heron Lane (The Dunes Subdivision), and north of <br />Corona Lane (Ten Coins on the Ocean Subdivision). The project site is zoned RS -3, Residential <br />Single -Family (up to 3 units/acre) and has an L-1, Low -Density Residential -1 (up to 3 units/acre) <br />land use designation. <br />On September 24, 2015, the Planning & Zoning Commission granted preliminary PD plan/plat <br />approval for the Sandy Lane PD project. The Sandy Lane PD is a residential PD project that was <br />approved by the Board of County Commissioners at its regular meeting of October 20, 2015 as a <br />special exception and conceptual PD plan. The applicant subsequently obtained a land <br />development permit and commenced construction on the PD improvements. As of this time, the <br />applicant has built 77.24% of the required PD improvements, and has "bonded -out" for the <br />remaining 22.76% of the required improvements. The applicant has submitted the following: <br />1. A final plat in conformance with the approved preliminary PD plan/plat; <br />2. An Engineer's Certified Cost Estimate for the remaining required improvements; and <br />3. A Contract for Construction of remaining required improvements and $183,372.01 in the <br />form of an irrevocable letter of credit. <br />The Board is now to consider granting final plat approval for the Sandy Lane PD. <br />FACommunity Development\CurDev\Final Plats\BCC staff reports\2016FPrpts\SandyLaneFinalPD-15-07-02.docx 1 65 <br />