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I.A final plat in substantial confoimance with the approved preliminary plat. 2. A certified cost estimate for the remaining required subdivision improvements. 3. A copy of a contract for construction of the remaining required improvements. 4. A security arrangement guaranteeing the contract for construction. ANALYSIS: Some of the required subdivision improvements for Plat II have been completed, and the developer proposes to "bond -out" for construction of the remaining improvements (landscaping, utility service lines, road paving) to obtain final plat approval. The format of the financial security is approved by the County Attorney's Office, and unit cost for construction items are approved by Public Works, Utility Services, and Planning. The de% eloper also has submitted a copy of the Contract for Construction of Required Improvements. The contract which is on a standard foam approved by the County Attorney's Office, will be executed by the developer. 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. RECOMMENDATION: Based on the above analysis, staff recommends that the Board of County Commissioners, grant final plat approval for the Waters Edge Plat II and authorize the Chauinan to execute the contract and any security documents, and accept the security. ON MOTION by Commissioner Adams SECONDED by Commissioner Ginn, the Board unanimously granted final plat approval for Waters Edge Plat II, authorized the Chairman to execute the contract and any security documents, and accepted the security, all as recommended by staff. COPY OF CONTRACT IS ON FILE IN THE OFFICE OF THE CLERK TO FHE BOARD FEBRUARY 5, 2002 -32- (1►.F 1 e) i C.