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• ZE. KENNEDY GROVES, INC - FINAL PLAT APPROVAL FOR OLD ORCHID PHASE I PLANNED DEVELOPMENT The Board reviewed a Memorandum of March 29, 1999: TO: James E. Chandler County Administrator DIIASION HEAD CONCURRENCE: Robert M. Keating, AI Community DevelopmentDffe�/ THROUGH: Stan Boling, AICP Planning Director FROM: John W. McCoy, AICP Senior Planner, Current Development DATE: March 29, 1999 SUBJECT: Kennedy Groves, Inc.'s Request for Final Plat Approval for Old Orchid Phase I Planned Development It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of April 6, 1999. Old Orchid PD is a 39.17 acre 136 unit single-family PD approved in 2 phases. The project is located at the northeast comer of Jungle Trail and CR 510, and is approved at a density of 3.59 units per acre. Phase I of the Old Orchid PD consists of 39 single family lots and 8 tracts on a 15.64 acre portion of the overall project. The tracts will be used for landscape improvements, recreation amenities, right-of-way, and stormwater management At its regular meeting of May 14,1998, the Planning and Zoning Commission granted preliminary plat approval for the Phase I subdivision. Subsequently, a land development permit was issued, and the developer has constructed most of the required improvements. The developer is now proposing to bond -out for the remainder of the required improvements. The owner, Kennedy Groves, Inc., through its agent Knight, McGuire & Associates, Inc., is now requesting final plat approval and has submitted the following: 1. A final plat for Phase I in conformance with the approved preliminary plat for Phase I. 2. A cost estimate for the remaining required subdivision improvements. 3. Contracts for construction of the remaining required subdivision improvements; internal sidewalks will be bonded separately. 4. A letter of credit to guarantee construction of the remaining required improvements. At this time, most of the required subdivision improvements have been completed Generally, all of the utilities, drainage and road construction is complete, while some of the electrical work, landscaping, signage and final paving work needs to be completed A contract for construction of all of the remaining required subdivision improvements, along with a letter of credit to secure the contract, has been submitted by the applicant. Both the county engineering division and the utility services department have approved the cost estimate and have verified that the letter of credit amount is adequate to cover the estimated cost of the remaining required improvements. The county attorney's office has approved the construction contract for legal form and sufficiency and has approved the format of the letter of credit APRIL 69 1999 -19- • BOOK J06 FAGS C�