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Development and Location The overall Island Club Riverside subdivision Phases IV - VI proposes three phases of development resulting in 121 lots on a 48.49 acre property located east of Jungle Trail immediately west of Island Club subdivision Phases I - III. The Phase IV plat area includes approximately 500' of Jungle Trail frontage, and proposes a 30' wide Jungle Trail buffer strip along the Trail, in accordance with the approved Jungle Trail Management Plan. The overall riverside subdivision, including Phase IV, will be accessed from SR A -1-A via an extension of the existing Island Club Manor roadway. Island Club Riverside Phase IV will create 40 single-family lots and six tracts. Two tracts will be used for landscaping, two for utility purposes, one will be used as a recreation tract, and the remaining tract will be used for stormwater management. Phases V and VI will be platted separately at a future date, and will be located immediately south of Phase IV. At its regular meeting of June 24, 1999, the Planning and Zoning Commission granted preliminary plat approval for the overall subdivision (Phases IV -VI). Subsequently, a land development permit was issued for Phase IV and the developer commenced construction. The developer is now bonding -out for the remaining required improvements, including Jungle Trail buffer improvements, as part of the final plat approval process. The owner, Beazer Homes, is now requesting final plat approval and has submitted the following: 1. A final plat for Phase N in conformance with the approved Island Club Riverside Phases N - VI preliminary plat. 2. A revised Jungle Trail buffer plan dated April 25, 2000. 3. Revised cost estimates for the required Phase IV subdivision infrastructure improvements, Jungle Trail buffer tree replacements and additional plantings. 4. Revised contracts for construction for the required Phase IV subdivision infrastructure improvements, Jungle Trail buffer tree replacements and additional plantings, as follows: a. Contract "A", the original contract for infrastructure and some of the Jungle Trail buffer plantings. b. Contract "AA", a modified contract for the revised and upgraded Jungle Trail buffer plantings excluding the 5 large live oaks. C. Contract "LO", a new contract for the installation and monitoring of the 5 large live oaks. 5. Revised performance bonds and a letter of credit to guarantee construction of the referenced improvements, including a letter of credit to guarantee the viability of the 5 large live oaks until May 2, 2006. ANALYSIS: Standard. Items and Bonding At this time, a portion of the required Phase IV subdivision infrastructure improvements has been completed. The applicant has submitted an `original" contract "A" for construction for all of the required, standard Phase IV subdivision improvements that have not yet been constructed, along with a performance bond to secure the contract. The remaining required, standard improvements include paving, drainage and utility work, and standard Jungle Trail buffer improvements. Both the county May 2, 2000 73 BOOK •