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The Board is now to consider granting final plat approval for The Lakes at Waterway Village 2A-2 PD. ANALYSIS: Some, but not all; of the required improvements for The Lakes at Waterway Village 2A-2 PD have been completed. As provided for under the LDRs applicable to this final plat application, the applicant is proposing to "bond -out" for the remaining 17.84% of required improvements (utilities, roadways, landscape, sidewalks). Public Works, Planning, and Utility Services have reviewed and approved the submitted Engineer's Certified Cost Estimate for the remaining improvements. The County Attorney's Office has reviewed and approved the submitted Contract for Construction of Required Improvements. The proposed security arrangement, which represents 1251/o of the estimated cost to construct the required improvements, has been reviewed and approved by county staff. All improvements within The Lakes at Waterway Village PD will be private, with the exception of certain utilities facilities. Those utility facilities will be dedicated to and guaranteed to Indian River County as required, through the certificate of completion process. In addition, a warranty and maintenance agreement will be required for the roads and stormwater improvements, prior to issuance of a certificate of completion. RECOMMENDATION: Based on the above analysis, staff recommends that the Board of County Commissioners grant final plat approval for The Lakes at Waterway Village 2A-2 PD. ATTACHMENTS: 1. Application 2. Location Map 3. Final Plat Layout 4. Contract for Construction of Required Improvements APPROVED AGENDA ITEM: BY: Indian River Co, ApprpV Date Admin. /_ l/ Z Legal J Budget Dept. Risk Mgr. FACommunity Development\CurDev\Final Plats\BCC staffreports\2016 FPrpts\LakesatWWVPlat2A-2(77526).rtf 2 47