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W INDIAN RIVER COUNTY, FLORIDA MEMORANDUM TO: Jason E. Brown; County Administrator THROUGH: Stan Boling, AICP; Community Development Director FROM: John W. McCoy, AICP; Chief, Current Development DATE: November 9, 2018 SUBJECT: Vero Beach PD Homes, LLC's Request for Final Plat Approval for a Subdivision to be Known as Orchid Cove [SD- 05-07-34 / 2004020120-81754] It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of November 20, 2018. DESCRIPTION & CONDITIONS: The Orchid Cove subdivision (formerly known as Michael Creek) consists of 57 lots on 26.43 acres and is a conventional subdivision project located on the south side of SR 510 just east of the Indian River Lagoon (see attachment 2). The property is zoned RS -6, Residential Single -Family (up to 6 units/acre), has an L-2, Low -Density Residential -2 (up to 6 units/acre) land use designation, and is being developed at a density of 2.16 units per acre. After the subject final plat application was filed, the project was purchased by the present owner, Vero Beach PD Homes, LLC. At the time of the purchase, the present owner completed all appropriate transfer documents with the county to transfer applicable county project approvals. The new owner has now completed the requirements for final plat approval. On November 10, 2005, the county granted preliminary plat approval for a project then known as the Michael Creek subdivision. The new owner has re -named the project Orchid Cove. After preliminary plat approval, a land development permit was issued for the project and construction of required subdivision improvements commenced but was not completed. The new owner obtained an administrative approval which reduced the number of subdivision lots from 60 to 57 without altering the project roadway layout. At this time, the applicant has completed 85.16% of the required project improvements and has "bonded -out" for the remaining 14.86% of the required subdivision improvements. The applicant has submitted a final plat in conformance with the approved and modified preliminary plat, and now requests that the Board of County Commissioners grant final plat approval for Orchid Cove. The applicant has coordinated with staff and provided the following: 1. A final plat in conformance with the approved preliminary plat, as modified; 2. An Engineer's Certified Cost Estimate for the remaining required improvements; 20 C:\Users\legistar\AppData\Local\Temp\BCL Technologies\easyPDF 8\@BCL@100EDD37\@BCL@100EDD37.docx