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1 . A final plat in substantial conformance with the approved preliminary plat. <br /> 2 . A Certified Engineer ' s Cost estimate for remaining required Phase 1 improvements . <br /> 3 . A Contract for Construction for the remaining required Phase 1 improvements . <br /> 4 . A Security arrangement guaranteeing the contract for construction. <br /> ANALYSIS : <br /> A majority of the required subdivision improvements for Phase 1 have been constructed, with <br /> the exception of some infrastructure items and landscaping improvements. Staff anticipates that <br /> all cost estimates and security amounts will be finalized and approved by staff prior to the <br /> Board ' s June 5 , 2001 meeting. The developer has made arrangements with Public Works to <br /> submit a final engineer ' s cost estimate and financial security after the Board of County <br /> Commissioners grants final plat approval . The format of the financial security has been <br /> approved by the County Attorney' s Office, and unit cost estimates for construction items have <br /> been approved by Public Works . The developer also has submitted a copy of the Contract for <br /> Construction of Required Improvements . The contract, which is on a standard form approved by <br /> the County Attorney' s Office, will be executed by the developer after the June 5 , 2001 Board <br /> meeting date. Once the final cost estimate is approved by staff and the appropriate financial <br /> security is submitted, the plat will be recorded. All subdivision improvements are privately <br /> dedicated with the exception of the utility system, which is separately warranted through the <br /> Department of Utility Services . Therefore, no subdivision warranty and maintenance agreement <br /> is required. <br /> RECOMMENDATION : <br /> Based on the above analysis, staff recommends that the Board of County Commissioners grant <br /> final plat approval for The Preserve at Vero Beach Phase I . authorize the Chairman to execute <br /> the Contract for Construction and any security documents , and accept the security. <br /> ON MOTION by Commissioner Adams , <br /> SECONDED by Commissioner Stanbridge , the <br /> Board unanimously granted final plat approval for <br /> The Preserve at Vero Beach Phase 1 , authorized the <br /> Chairman to execute the Contract for Construction <br /> and any security documents , and accepted the <br /> security , as recommended by staff. <br /> CONTRACT IS ON FILE IN THE OFFICE <br /> OF THE CLERK TO THE BOARD <br /> JUNE 51200118 PG 8 : <br /> .40 . <br />