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7. He val for COPY OF CONTRACT IS ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD Has Comn 's Island - bor P The Board reviewed a Memorandum of December 4, 2001: TO THROUGH James E. Chandler, County Administrator DEP,A�TMENT HEAD CONCURRENCE: Robert M. Keating, AICP, Qommunity Stan Boling, AICP; Planning Director tforFi lopment Director FROM: Peter J. Radke; Senior Planner, Current Development , DATE: December 4, 2001 SUBJECT: Oak Harbor Villa Community, Inc.'s Request for Final Plat Approval for St. Margaret's Island - Oak Harbor Plat 08 It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of December 11, 2001. DESCRIPTION & CONDITIONS: St. Margaret's Island is a 7 -lot subdivision of a 2.18 -acre parcel. The subject property is part of the overall Oak Harbor PD and is consistent with the Oak Harbor conceptual PD plan. The subject site is located in the southern portion of the overall Oak Harbor development, is zoned RM -6, and has an M-1 land use designation. On October 26, 2000) the Planning and Zoning Commission granted preliminary plat approval for St. Margaret's Island (Oak Harbor Plat #8). The applicant has subsequently obtained a land development permit and commenced construction of the project. The applicant is proposing to "bond -out" for completion of the required improvements as allowed by the land development regulations (LDRs). Now, the applicant is requesting final plat approval and has submitted the following: 1. A final plat in conformance with the approved preliminary PD plarvplat, 2. An EnDricers Certified Cost Estimate for the remaining required improvements; 3. A completed Contract for Construction of remaining required improvements, and 4. A Cash Deposit and Escrow Agreement to guarantee the Contract. December 11, 2001 23