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feet N. G. V. D . In the attached letter from the applicant ' s engineer dated March 28 , 2001 , a waiver <br /> of the cut and fill requirements is requested. The lot area is 1 . 07 acres . The volume of the 100-year <br /> floodplain displaced by the proposed grading plan is estimated to be 442 cubic yards . <br /> ALTERNATIVES AND ANALYSIS <br /> The waiver request has been reviewed by staff and appears to meet the criteria of Section <br /> 930. 07(2 )(d)4 . of the Stormwater Management and Flood Protection Ordinance for lots located in <br /> the Vero Lake Estates Municipal Services Taxing Unit. <br /> Alternative No . 1 <br /> Grant the cut and fill balance waiver based on the criteria of Section 930. 07 (2 )(d )4 . <br /> Alternative No . 2 <br /> Deny the cut and fill waiver. Require an on site retention area be provided to compensate for the <br /> proposed floodplain displacement. <br /> RECOMMENDATIONS <br /> Staff recommends approval of Alternative No . 1 . <br /> ATTACHMENTS <br /> 1 . Letter from Ronald G. Keller, P. E . , dated March 28 , 2001 <br /> 2 . Calculations for cut and fill <br /> ON MOTION by Commissioner Adams , <br /> SECONDED by Commissioner Stanbridge , the <br /> Board unanimously granted the cut and fill balance <br /> waiver based on the criteria of Section <br /> 930 . 07 ( 2 ) ( d )4 , as recommended by staff. <br /> JUNE 512001 F <br /> - 36 - <br />