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#03-2961 Spring Hill Estates <br />November 5,2004 <br />Page 2 <br />This revision does not result in any signi ficant changes to tlie plat. Approximate final dry buildable areas <br />of each lot are — Lot 1: 6.3 acres; Lot 2: 9.4 acres; and Lot 3: 6.5 acres. <br />The applicant has gained MC WD approvals, and has taken Uie necessaiy steps to revise the easement over <br />the private roadway so that the easement description matches the actual location of the road. A <br />Development Agreement with letter of credit for the work within Outlot A is being established. Applicant <br />has fulfilled the requirements to gain final plat approval. The plat will be released for filing upon receipt and <br />execution of all final documents. <br />Staff Recommendation <br />Staff reconunends Final Plat Approval per the attached resolution, which establishes that the loop road shall <br />be fully constructed (and maybe reconsidered for further upgrade) at such time that Lots 2 or 3 are further <br />subdivided to create additional building lots; but that the loop road must be constructed upon construction <br />of a home on Lot 3 if said home does not include a driveway loop adjacent to that residence. <br />COUNCIL ACTION REQUESTED <br />Adopt or amend the attached resolution. <br />i