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single- family, up to 3 unit/acre) . The density of the subdivision is 2 . 47 units per acre . Phase I has been constructed. Phase II is encompassed in this final plat, is located immediately north of Phase I , and provides for an extension of the roadway and storm water tracts from Phase I . The remaining portion of the overall project is to be constructed in a subsequent phase . At its regular meeting of April 8 , 1999, the Planning and Zoning Commission granted preliminary plat approval for the overall subdivision. The applicant is requesting final plat approval for Phase II and is bonding out all required improvements as part of the final plat approval process . The owner, Oak Chase Development L . L . C . , through its agent Carter Associates Inc , is now requesting final approval and has submitted the following : 1 . A final plat in substantial conformance with the approved preliminary plat . 2 . Certified Engineer ' s Cost estimate for remaining improvements . 3 . A Contract for Construction for the remaining required subdivision improvements . 4 . Security arrangement guaranteeing the contract for construction. ANALYSIS : A majority of the required subdivision improvements have been constructed, with the exception of some infrastructure items and landscaping improvements Staff anticipates that all cost estimates and security amounts will be finalized and approved prior to the Board ' s January 16 `' meeting . The developer has made arrangements with Public Works to submit a final engineers cost estimate and financial security after the Board of County Commissioners grants final plat approval . The format of the financial security has been approved by the County Attorney ' s Office, and unit cost estimates for construction items have been approved by Public Works . The developer also has submitted a copy of the Contract for Construction of Required Improvements . The contract, which is on a standard form approved by the County Attorney ' s Office, will be executed by the developer after the January 16 , 2001 Board meeting date . Once the final cost estimate is approved by staff and the appropriate financial security is submitted, the plat will be recorded . All subdivision improvements are privately dedicated with the exception of the utility system, which is separately warranted through the Department of Utility Services . Therefore, no subdivision warranty and maintenance agreement is require . B E C Q117111 E YpATi41Y Based on the above analysis, staff recommends that the Board of County Commissioners grant final plat approval for the Oak Chase Phase II , authorize the Chairman to execute the Contract for Construction and any security documents, and accept the security . ATTACHMENTS : 1 . Application 2 . Location Map Plat Graphic 4 . Contract for Construction (Draft) JANUARY 16 , 2001 81 1 1 - PG 7J - 18 -