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StoMbay Lofli <br />March 11,2005 <br />Page! <br />Approvil Docmncnti <br />Staff is advised that the County plat review is still underway and the mylars will not be available for <br />signature at MondiQ^’s meeting. Per our standacd procedure, final plat approval will not be granted unless <br />the County-accepted mylars arc at the meeting; hence adoption of the final plat resolution should be <br />delayed. However, Council diould take this ofqxntunity to review the final developmoit documents and <br />determine whether they address all topics or issues desired to be established by Council. Salient points <br />for each document are noted below. <br />Resolution: Preliminary and Final Plat Approval <br />Because the plat involved a triangularpoition of Stonebay Outlot F being inooipoiated with <br />die Lofts propeity, thisbecamemore than just a final platting ofOutlot E into abuildable <br />Lot. Therefore, this resolution grants both preliminary and final plat approval. <br />Theresolution is written such diat theplat cannot be released for filing until the PUD No. <br />^ Agreement has been executed by the Develc^io; and all other requirements have been <br />met. <br />Resolution; General Develppment Plan Approval for PUD No. 4B <br />The resoluti(Mi defines the following fees to paid by the Developer in relation to this <br />development (die formulas for these fees were defined in the original Stondi^ approvals): <br />Storm Water and Drainage Trunk Fee: $ 94,404 <br />Sewer & Water Cormection Charges: $241,157 <br />Park Dedication Fee: $ 182,250 <br />The resolution defines and identifies the specific preliminary plans which Council has <br />approved, and addsperdnent conditions or references conditions which will are enumerated <br />in the PUD No. 4B Agreement. <br />7 I <br />V • <br />The resolution establishes review procedures for changes to the plans i f they become <br />necessary or are proposed. <br />The resolution estifolishes that Council may nuUifydie approvals ifsubstantifd devel <br />has not occurred within one year. <br />r- <br />I <br />■ ■ 1 <br />: i <br />i I <br />i--------i,.