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Dr.,- <br />of <br />RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />TO: Jason Brown; County Administrator <br />DEPARTMENT HEAD CONCURRENCE: <br />Stan Boling, A 0 <br />Community Development Director <br />FROM: John W. McCoy, AICP _1'•t' <br />Chief, Current Development <br />DATE: October 24, 2016 <br />SUBJECT: SR 60 Vero LLC's Request for Final Plat Approval for The Reserve at Vero <br />Beach PD Phase 2 [PD -14-06-04 / 98010178-76813] <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 November 1, 2016. <br />DESCRIPTION AND CONDITIONS: <br />The Reserve at Vero Beach PD, a 19.99 acre mixed use planned development consisting of three <br />commercial lots and 159 multi -family units, was approved by the Board of County <br />Commissioners (Board) on October 14, 2004. The overall 19.99 acre parcel is located between <br />SR 60 on the north and College Lane on the south and just east of the Sixty Oaks subdivision. <br />The property is zoned PDMXD (Planned Development Mixed Use District) and has an M-1 <br />(Medium Density 1 — Residential up to 8 units/acre) land use designation. Phase 1 included the <br />three commercial outparcels at the north end of the development and some adjacent <br />improvements that serve the commercial parcels. The applicant has applied for final plat <br />approval for Phase 2 which includes the residential portion of the development and covers 14.55 <br />acres located on the southern three-quarters of the project adjacent to College Lane. Phase 2 is <br />the second and final platting phase for the overall project. <br />The approved conceptual PD plan provides for three commercial parcels along SR 60 and a <br />number of multi -family buildings to the south. The Phase 2 final plat will create a lot for the <br />residential buildings, provide for common access, utility, and stormwater infrastructure that will <br />serve the residential buildings, and provide for integrating infrastructure shared between the <br />residential portion of the project and the commercial area to the north. <br />SR 60 Vero LLC is now requesting final plat approval and has submitted the following: <br />1. A final plat for Phase 2 in conformance with the approved preliminary PD plan/plat; <br />2. An Engineer's Certified Cost Estimate for the remaining Phase 2 required improvements; <br />3. A Contract for Construction of remaining Phase 2 required improvements, with a letter of <br />credit in the amount of $68,134.48. <br />FACommunity Development\CurDev\Final Plats\BCC staff reports\2016 FPrpts\ReserveatVBPhase2PD(PD-14-06-04).doc 1 56 <br />