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On June 22 , 2000 , the Planning and Zoning Commission granted preliminary plat approval for <br /> Citrus Springs PD - Village ` A ' , Village ` B ' and Village ` C ' ( all north of 5 'h Street S . W . ) <br /> Currently, the status of each village is as follows : Village ` B ' has been platted, Village ` C ' is to <br /> be platted with this request, and Village ` A ' is in the final plat review process . <br /> The developer, Suntree Partners, Inc . , subsequently obtained a land development permit and has <br /> started construction of the required subdivision improvements for Village ` C ' . The developer is <br /> now requesting final plat approval, and has submitted the following: <br /> 1 . A final plat in substantial conformance with the approved preliminary plat, and <br /> 2 . A cost estimate for the remaining required improvements, and <br /> 3 . A contract for construction of remaining required improvements . <br /> ANALYSIS : <br /> Some of the required subdivision improvements for Village ` C ' have been constructed. At this <br /> time, the applicant is "bonding-out" the remaining required improvements for Village ` C ' <br /> Phases I and H as provided for in the county' s land development regulations . Both the Public <br /> Works Department and the Utility Services Department have reviewed and approved the <br /> submitted engineer' s cost estimate and corresponding security amount. In addition, the County <br /> Attorney' s Office has reviewed and approved the submitted contract for construction . The <br /> financial security represents 115 % of the estimated cost to construct the remaining required <br /> improvements for Village ` C ' . It should be noted that all improvements within the Citrus <br /> Springs PD subdivision will be private, except for the utility facilities . The utility facilities will <br /> be dedicated to Indian River county as required by the Utility Services Department and will be <br /> guaranteed separately through Utility Service ' s bill of sale procedures . With the contract signed, <br /> all final plat requirements are satisfied. <br /> RECOMMENDATION : <br /> Based on the above analysis, staff recommends that the Board of County Commissioners , grant <br /> final plat approval for the Citrus Spring- Village ` C ' planned development, authorize the <br /> chairman to sign the contract for construction of remaining required improvements for both <br /> Village ` C ' Phase I and Phase H, and authorize the chairman to sign the security that guarantees <br /> performance of the construction contract . <br /> ATTACHMENTS : <br /> 1 . Application <br /> 2. Location Map <br /> 3 . Plat Graphic <br /> 4 . Contract for Construction <br /> September 4 , 2001 <br /> 42 <br /> 8K I I S PUG 3 2 0 <br />