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qZ <br />INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />TO: Jason E. Brown; County Administrator <br />THROUGH: Stan Boling, AICP; Community Development Director <br />FROM: John W. McCoy, AICP; Chief, Current Development <br />DATE: May 4, 2018 <br />SUBJECT: D. R. Horton, Inc.'s Request for Final Plat Approval for Pointe West East Village <br />Phase 2A [PD -17-02-01 / 99070081-80228] <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 May 15, 2018. <br />DESCRIPTION & CONDITIONS: <br />Pointe West East Village Phase 2A is the second phase within the Pointe West East Village planned <br />development project consisting of 68 lots on 22.81 acres. The overall Pointe West East Village <br />development is located generally at the southeast corner of 74th Avenue and 16th Street consisting of <br />161 lots on 47.98 acres resulting in a density of 3.35 units/acre. The Phase 2A final plat area is <br />located in the southeast section of the residential pod, which is wrapped by the existing golf course <br />(see attachment #2). East Village Phase 2A is zoned PDTND (Planned Development Tradition <br />Neighborhood Design) and will have a density of 2.98 units per acre. <br />On February 23, 2017, the Planning & Zoning Commission granted preliminary PD plan/plat <br />approval for the overall Pointe West East Village Phase 2 which included a phased approval (Phase <br />2A and 2B) for 161 lots. The applicant is now seeking final plat approval for Phase 2A, having <br />obtained a land development permit and commencing construction of the project. At this time, the <br />applicant has built 90% of the required improvements that serve the Phase 2A area, is proposing to <br />"bond -out" for the remaining 10% of the required improvements, and has submitted the following: <br />1. A final plat in conformance with the approved preliminary plat; <br />2. An Engineer's Certified Cost Estimate for the remaining required improvements; <br />3. A Contract for Construction of remaining required improvements; <br />4. A letter of credit in the amount of $209,018.77; <br />5. A Contract for Construction for Final Lift of Asphalt; and <br />6. A letter of credit in the amount of $100,485.00. <br />The Board is now to consider granting final plat approval for Pointe West East Village Phase 2A. <br />60 <br />C:\Users\legistar\AppData\Local\Temp\BCL Technologies\easyPDF 8\@BCL@740D5A58\@BCL@74OD5A58.rtf 1 <br />