Laserfiche WebLink
ANALYSIS: <br />Some, but not all, of the required improvements for The Lakes at Waterway Village PODs M, N, <br />0, & P have been completed. As provided for under the LDRs applicable to this final plat <br />application, the applicant is proposing to "bond -out" for the remaining 23.85% of required <br />improvements (utilities, roadways, landscape, sidewalks). Public Works, Planning, and Utility <br />Services have reviewed and approved the submitted Engineer's Certified Cost Estimate for the <br />remaining improvements. The County Attorney's Office has reviewed and approved the <br />submitted Contract for Construction of Required Improvements. The security arrangement, <br />which represents 125% of the estimated cost to construct the required improvements, has been <br />reviewed and approved by county staff. <br />All improvements within The Lakes at Waterway Village PD will be private, with the exception <br />of certain utilities facilities. Those utility facilities will be dedicated to and guaranteed to Indian <br />River County as required through the final plat and certificate of completion process. In <br />addition, a warranty and maintenance agreement will be required for the roads and stormwater <br />improvements, prior to issuance of a certificate of completion. <br />RECOMMENDATION: <br />Based on the above analysis, staff recommends that the Board of County Commissioners grant <br />final plat approval for The Lakes at Waterway Village PODs M, N, 0, & P. <br />ATTACHMENTS: <br />1. Application <br />2. Location Map <br />3. Final Plat Layout <br />4. Contract for Construction of Required Improvements <br />5. Letter of Credit <br />C:\Users\legistar\AppData\Local\Temp\BCL Technologies\easyPDF 8\@BCL@E8ODA6D3\@BCL@E8ODA6D3.rtf <br />35 <br />