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units/acre) and has an L -2 (Low Density 2 up to 6 units / acre) land use designation. On June 24 , 1999 , the Planning and Zoning Commission granted preliminary plat approval for The Island Club Riverside . Phases IV-VI project. The developer, Beazer Homes Corporation, subsequently obtained a land development permit for Phases IV - VI and developed Phase IV and had it platted. Now the developer has completed construction of some of the required Phases V and VI subdivision improvements , is requesting final plat for approval for Phases V-VI, and has submitted the following : 1 • A final plat for Phases V- VI in conformance with the approved preliminary plat, and 2 • A cost estimate for the remaining required improvements, and � • A contract for construction of the remaining required improvements . ANALYSIS : Some of the Phases V and VI subdivision improvements have been completed, and the developer proposes to bond-out for construction of the remaining required improvements to proceed with final plat approval . The format of the financial security has been approved by the County Attorney' s Office. and unit costs for construction items have been approved by Public Works , Utility Services. and Planning. The developer has also submitted a copy of the Contract for Construction of Required Improvements . All subdivision improvements are privately dedicated with the exception of the utility system, which will be separately warranted through the Department of Utility Services . Based on submission of the previously referenced contract and security, all requirements for final plat approval are satisfied . RECOMMENDATION: Staff recommends that the Board of County Commissioners grant final plat approval for Island Club Riverside, Phases V-VI . and authorize the Chairman to sign the Contract for Construction and accept the security that guranantees the contract. ATTACHMENTS : 1 . Application 2 . Location Map 3 . Final Plat MAY 19 2001 B PG k 5 0 - 38 -