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The Board is now to consider granting final plat approval for The Lakes at Waterway Village 2A-1 <br />PD. <br />ANALYSIS: <br />Some, but not all, of the required The Lakes at Waterway Village 2A-1 PD improvements have been <br />completed. As provided for under the LDRs applicable to this final plat application, the applicant is <br />proposing to "bond -out" for the remaining 22.99% of required improvements (utilities, roadways, <br />landscape, sidewalks). Public Works, Planning, and Utility Services have reviewed and approved the <br />submitted Engineer's Certified Cost Estimate for the remaining improvements. The County Attorney's <br />Office has reviewed and approved the submitted Contract for Construction of Required Improvements. <br />The proposed security arrangement, which represents 125% of the estimated cost to construct the <br />required improvements, has been reviewed and approved by county staff. <br />All improvements within The Lakes at Waterway Village PD will be private, with the exception of <br />certain utilities facilities. Those utility facilities will be dedicated to and guaranteed to Indian River <br />County as required, through the certificate of completion process. In addition, a warranty and <br />maintenance agreement will be required for the roads and stormwater improvements, prior to issuance <br />of a certificate of completion. <br />RECOMMENDATION: <br />Based on the above analysis, staff recommends that the Board of County Commissioners grant final <br />plat approval for The Lakes at Waterway Village 2A-1. <br />ATTACHMENTS: <br />1. Application <br />2. Location Map <br />3. Final Plat Layout <br />4. Contract for Construction of Required Improvements <br />Indian River Co, <br />Approved <br />Date <br />Admin. <br />ton) <br />Legal <br />^ <br />�1d- <br />6 - 7 <br />Budget <br />Dept. <br />Risk Mgr. <br />F•\Community Development\CurDevWinal Plats\BCC staff reports\2016FPrpts\UkesatWWVPlat2A-1(75532).rtf 2 <br />131 <br />