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• <br />• <br />• <br />INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />TO: <br />FROM: <br />DATE: <br />SUBJECT: <br />Joseph A Baird; County Administrator <br />DEPARTMENT HEAD CONCURRENCE: <br />Stan Boling, AICP. munity Development Director <br />L <br />John W. McCoy, AICP; Chief, Curren114 <br />ve opment <br />November 6, 2014 <br />Lexington Place New LLC's Request for Final Plat Approval for a Subdivision to be <br />Known as Lexington Place Phase III [2002020162-73089 / SD -04-04-06] <br />It is requested that the data herein presented be given formal consideration by the Board of County <br />Commissioners at its regular meeting of November 18, 2014. <br />DESCRIPTION & CONDITIONS: <br />The Lexington Place Phase III subdivision represents the third phase of the Lexington Place <br />Subdivision. Phase III consists of 61 lots on 19.28 acres resulting in a density of 3.16 units/acre for <br />Phase II. The overall Lexington Place Subdivision consists of 4 phases containing 259 lots on 81.51 <br />acres which results in an overall project density of 3.18 units/acre. The property is located on the north <br />side of 5th Street SW, northeast of Oslo Middle School, is zoned RS -6 (Residential Single -Family — up <br />to 6 units per acre), and has an L-2 (Low Density 1 up to 6 units per acre) land use designation. <br />On July 13, 2004, the County granted preliminary plat approval for the Lexington Place Subdivision. <br />Subsequently, construction of the subdivision commenced and has proceeded in accordance with the <br />overall project's phased approval. With respect to Phase III, the developer obtained a land <br />development permit, constructed the required subdivision improvements, and obtained a certificate of <br />completion. Recently, the applicant submitted a Phase III final plat in conformance with the approved <br />preliminary plat, and now requests that the Board of County Commissioners grant final plat approval <br />for Lexington Place Phase III. <br />ANALYSIS: <br />All of the required improvements for Lexington Place Phase III have been completed and inspected, <br />and a certificate of completion was issued on May 26, 2010. As part of the certificate of completion <br />process, the developer posted a maintenance bond to guarantee required road and drainage <br />improvements. In this case, all subdivision improvements (stormwater tracts, landscape easements, <br />roadways) will be private, with the exception of certain utility facilities, which have been dedicated <br />and guaranteed to Indian River County as required by the Utility Services Department. All <br />requirements of final plat approval for Lexington Place Phase III have been satisfied. <br />F:\Community Development\CurDev\Final Plats\BCC staff reports\2014\LexingonPlacePhlllFPrpt(73089).doc <br />98 <br />