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Agenda 01/25/2011 Item #16A4 ~"""""","",..,.",,...... , 1/25/2011 Item 16.A.4. EXECUTIVE SUMMARY . This is a recommendation to approve for recording the revised final plat of Lakoya, approval of the standard form Construction and Maintenance Agreement and approval of the amount of the performance security. OBJECTIVE: To approve for recording the revised final plat of Lakoya, a subdivision of lands located in Section 21, Township 50 South, Range 26 East, Collier County, Florida, following the alternative procedure for approval of subdivision plats pursuant to Resolution 99-199. CONS!DERA TIONS: On July 27, 2010, the Board of County Commissioners approved the plat of Lakoya for recording. The developer has revised the previously approved plat in order to reduce the performance security required to record the plat. Portions of the previously approved rights of way are now indicated as "Future Development Tracts". Land Development Services Department has completed the review of the construction drawings, specifications, and final plat of Lakoya. These documents are in compliance with the County Land Development Code and Florida State Statute No. 177. All fees have been paid. Security in the amount of 10% of the total cost of the required improvements, and 100% of the cost of any remaining improvements, . together with a Construction and Maintenance Agreement for Subdivision Improvements, shall be provided and accepted by the Director of Land Deve!opment Services and the County Attorney's office prior to the recording of the final plat. This would be in conformance with the County Land Development Code -- Section 10.02.04. Land Development Services Department recommends that the revised final plat of Lakoya be approved for recording. FISCAL IMPACT: The project cost is $8,631,350.67 (estimated) to be borne by the developer. The cost breakdown is as follows: a) b) Water & Sewer Drainage, Paving, Grading $2,521,394.67 $6,109,956.00 The Security amount, equal to 110% of the project cost, is $9,494,485.74, or as may be approved based.c>n the work completed to date. . .~ The County will realize revenues as follows: . Fund: Growth Management Fund 131 Agency: County Manager Cost Center: 138327 -- Land Development Services Revenue generated by this project: Total: $261,125.52 Packet Page -543- . 1/25/2011 Item 16.A.4. Fees are based on a construction estimate of $8,631 ,350.67 and are reflected in the Executive . Summary for Cobblestone approved by the Board of County Commissioners on June 24, 2008. GROWTH MANAGEMENT IMPACT: , The developer must receive a Certificate of Adequate Public Facilities prior to the issuance of the construction plan final approval letter. LEGAL CONSIDERATIONS: The County Attorney's Office has reviewed and approved the plat and associated legal documents for legal sufficiency. This item requires a majority vote. This item is ready for Board consideration and approval. STW . RECOMMENDATION: That the Board of County Commissioners approve the final plat of Lakoya for recording with the following stipulations: 1. Approve the amount of $9,494,485.74 as performance security for the required improvements; or such lesser amount based on work completed, and as is approved by the Land Development Services Department. 2. Approve the standard form Construction and Maintenance Agreement, and a. That no Certificates of Occupancy be granted until the required improvements have received preliminary acceptance. b. That the plat not be recorded until suitable security and an appropriate Construction and Maintenance Agreement is approved and accepted by the Director of Land Development Services and the County Attorney's office. PREPARED BY: Jack McKenna, P.E., County Engineer, Land Development Servicesl Engineering Review, Growth Management Division, Planning and Regulation Attachments: 1) Location Map, 2) Plat Map . Packet Page -544- . . . 1/25/2011 Item 16.A.4. COLLIER COUNTY Board of County Commissioners Item Number: 16.A.4. Item S~mmary: This item requires that ex parte disclosure be provided by Commission members. Should a hearing be held on this iteml all participants are required to be sworn in. This is a recommendation to approve for recording the revised final plat of Lakoyal approval of the standard form Construction and Maintenance Agreement and approval of the amount of the performance security. Meeting Date: 1/25/2011 Prepared By Name: HouldsworthJohn Title: Site Plans Reviewer, Senior,Engineering & Environm 1/6/2011 9:51:56 AM Submitted by Title: Site Plans Reviewer, Senior,Engineering & Environm Name: HouldsworthJohn 1/6/2011 9:51:57 AM Approved By Name: LorenzWilliam Title: Director - CDES Engineering Services,Comprehensive Date: 1/6/201112:36:23 PM Name: McKennaJack Title: Manager - Engineering Review Services,Engineering & Environmental Services Date: 1/11/201110:43:31 AM Name: _~u_igJudy Title: Operations Analyst, Date: 1/11/2011 1:57:17 PM -. .. ~ --- - --. - --. -. -- - ---- __ __L_ _ _ __. __ - --- -- -.- "-- - - -. -- Name: FederNorm Title: Administrator - Growth Management Div, Transportati Packet Page -545- 1/25/2011 Item 16.A.4. Date: 1/11/2011 3:44:27 PM . Name: Williams Steven Title: Assistant County Attorney,County Attorney Date: 1/12/20119:37:31 AM Name: MarcellaJeanne Title: Executive Secretary, Transportation Planning Date: 1/13/2011 1:52:58 PM Name: KlatzkowJeff Title: County Attorney, Date: 1/13/20114:59:28 PM Name: BrockMary Title: Executive Secretary to County Manager, CMO Date: 1/18/201112:30:07 PM Name: IsacksonMark Title: Director-Corp Financial and Mgmt Svs,CMO Date: 1/18/201112:46:10 PM . . - - . . Packet Page -546- r'i. 1/25/2011 Item 16.A .4. . . """"01''''' / - -.- . ~~ ~n ~ ~!l! zS ~i I I!! ~ II c i 0 I Packet Page -547- ;:; LIJ I- - en <t ).- a ;/. <f ..J 1&.1 r; u ~ ~ ~ lB 8 a.. <( ~ Z o - ~ u o ....J ~ ^ <: ~ ...... ~ ....... ~ ~ ~ ~ ll,J~ ~ ~ ~~ ~ ~cs G ~ ~ 9.- ~ to ~t3 I..... ~ . N ....... ~Q:: ...... ~ ~ V) ~~ Q::l ~ ~ t=l ~ :::s <[ li: ~ ... D :t 2: ....... ~ ~ ~ ~~ r5 v ~ It t;~ ~ Q ~ CI) Cl ~ ~~ ~ b ~!:c -...; ....... It "'C ~ ~ ~ ~ ~~ ~ ~ C:) ...... 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