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3. An Engineer's Certified Cost Estimate for the remaining <br />required improvements. <br />4. An appropriate security arrangement acceptable to the County <br />Attorney's Office, to guarantee the construction contract. <br />There are presently no improvements constructed on the two proposed <br />residential lots. All portions of the proposed final plat will <br />connect to existing improvements provided with earlier development <br />phases. <br />The internal roads that access all of the lots and recreation tract <br />were constructed with a .previous phase. The only physical <br />construction required with Phase III involves the relocation of <br />some existing utility service lateral lines, construction of the <br />common driveways, and relocation of some internal roadway median <br />cuts. None of these proposed improvements has been completed. <br />The applicant is proposing to bond -out for the required subdivision <br />improvements as provided for in the county's Land Development <br />Regulations (LDRs). The County Attorney's Office has reviewed and <br />approved the submitted Contract for Construction and the letter of <br />credit. The Public Works and Utilities departments have reviewed <br />and approved the submitted Engineer's Certified Cost Estimate and <br />corresponding letter of credit amount. It should be noted that all <br />improvements within Windsor will be private, with the exception of <br />certain utilities facilities that will be dedicated to Indian River <br />County. <br />RECOMMENDATION: <br />Staff recommends that the Board of County Commissioners: <br />1. Grant final plat approval for the ±5.70 acre Windsor Phase III <br />plat; and <br />2. Authorize the Chairman to execute the submitted Contract for <br />Construction of Remaining Required Improvements and accept the <br />cash escrow that secures the contract. <br />ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Adams, the Board unanimously approved <br />the final plat for Windsor Phase III, authorized the <br />Chairman to execute the Contract for Construction of <br />Remaining Required Improvements and accept the cash <br />escrow which secures the contract, as recommended by <br />staff. <br />COPY OF CONTRACT FOR CONSTRUCTION OF REQUIRE IMPROVEMENTS <br />IS ON FILE IN THE OFFICE OF CLERK TO THE BOARD <br />11 <br />60GK 89 FACE I® 0 <br />MAR X993 <br />