| AGENDA ITEM #: 5. DATE: 07/12/2021 AI #:358 |
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CITY COUNCIL ACTION REPORT
| SUBJECT: | FINAL PLAT FOR PEBBLECREEK PHASE II UNIT 47B |
| STAFF PRESENTER(S): | Katie Wilken, Planning Manager |
OTHER PRESENTER(S):
Jeff Uhrick, B&R Engineering
SUMMARY
A final plat subdividing approximately 28.65 acres into 87 single family lots and 5 tracts located south of Indian School Road, west of Sarival Avenue, within the PebbleCreek Planned Area Development (PAD).
Recommendation
Approve the final plat for PebbleCreek Phase II Unit 47B subdividing approximately 28.65 acres into 87 lots and 5 tracts located south of Indian School Road, west of Sarival Avenue, within the PebbleCreek Planned Area Development (PAD), subject to stipulations. (Katie Wilken, Planning Manager)
STIPULATIONS
1. Prior to recordation of the final plat, Owner shall submit an updated title report for the Property and shall modify this plat to reflect the current ownership and current lender including on the final plat a Lender Consent and Subordination in a form approved by the City Attorney or his/her designee for all lenders with a security interest in the property being platted herein. Owner shall provide documentation acceptable to the City Attorney or his/her designee demonstrating that the party executing this final plat is authorized to do so.
2. Any technical corrections to the final plat required by the City Engineer shall be made prior to the recordation of the final plat.
2. Any technical corrections to the final plat required by the City Engineer shall be made prior to the recordation of the final plat.
FISCAL IMPACT
Although a fiscal impact analysis has not been conducted on this specific project, all new development will have an ongoing fiscal impact on the city. The development is responsible for construction of infrastructure necessary to serve the site and will generate one-time revenue for the city through payment of permits, construction sales tax and development impact fees. Longer term fiscal impacts include increased demands for municipal services, the costs of which may or may not be offset by increased property values/tax levies, city sales tax, state shared revenues and the increased demand for commercial and retail development. Any areas that will be maintained by the city are constructed by the developer and then conveyed to the city two years after construction.
BACKGROUND AND PREVIOUS ACTIONS
The property was rezoned on August 24, 1998, with the second phase of the PebbleCreek Golf Resort (Ordinance Nos. 98-620 and 98-621). The PebbleCreek PAD zoning allows for residential development on this parcel. This preliminary plat for PebbleCreek Phase II Units 45, 46, 47A, & 47B was approved by the City Council on August 19, 2019.
STAFF ANALYSIS
The final plat substantially conforms to the approved preliminary plat and is consistent with the technical requirements of the city’s subdivision regulations and engineering standards and provides for the orderly development of the property by identifying the required infrastructure needed to serve the development.