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3. A Contract for Construction for the remaining required Phase II improvements. 4 A Secunt} arras enient guaranteeing the contract for construction. ANALYSIS: At this time, all of the required subdivision improvements for Phase lI have not been completed. Consistent with county regulations, the developer proposes to "bond -out" for construction of the remaining required improvements and proceed with final plat approval An engineer's certified cost estimate for completion of the remaining improvements has been reviewed and approved by the Public Works Department, Utilities Services Department, and the Community Development Department. The developer also has submitted a copy of the Contract for Construction of Required Improvements. The contract, which is on a standard form, has been approved by the County Attorney's Office. 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 required. RECOMMENDATION: Based on the above analysis, staff recommends that the Board of County Commissioners grant final plat approval for Hammock Lakes Phase II P.D., authorize the Chairman to execute the Contract for Construction and any security documents, and accept the security. ATTACHMENTS: 1. Application 2. Location flap 3. Plat Graphic 4. Contract for Construction (Draft) 5. Letter of Credit ON MOTION by Commissioner Adams, SECONDED by Commissioner Tippin, the Board unanimously granted final plat approval for Hammock Lakes Phase II P.D.; authorized the Chairman to execute the Contract for Construction and any security documents; and accepted the security; all as recommended by staff. DECEMBER 4, 2001 CONTRACT IS ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD