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5.20.
CC Regular Session
Meeting Date:
12/13/2022
By:
Brian McCann, Community Development

Information

Title

Adopt Resolutions #22-248 and #22-249 Approving the Final Plat and Development Agreement for Riverstone South Second Addition

Purpose/Background:

The purpose of this case is to consider Final Plat and Development Agreement Approval for Riverstone South Second Addition by Capstone Homes (the "Applicant") on the property generally South of Highway 10 and East of Bowers Drive (the "Subject Property"). The City Council approved the preliminary plat for this project in April 2021 contingent upon the developer finalizing the final plat, a Cost Share Agreement, Park Dedication, Tree Preservation, and final approval of plans, subject to current Staff Review comments, and approval by the City Engineer. This last step in the phase of platting, Final Plat, approves construction documents and the Final Plat Sheet for recording and legal subdivision. The next step after Final Plat is a development agreement, which outlines fees and responsibilities for each party throughout construction.

The attached development agreement is the City's standard template, with revisions similar to the first addition of Riverstone South. The development agreement lays out fees, project costs, and financial sureties that the City will take in order to ensure that the project is completed to City standards. The draft Development Agreement has been reviewed by the City Engineer, City Attorney, and the Applicant.

Notification:

Notification is not required.

Observations/Alternatives:

The Final Plat for Riverstone South Second Addition is consistent with the approved Riverstone South Preliminary Plat.

Note: December 13, 2022 is the end of the sixty-day review period. If the request is tabled, a sixty-day extension letter will be required.

Funding Source:

The Applicant is responsible for all costs associated with the request.

Recommendation:

Staff recommends adopting Resolutions #22-248 and #22-249 Approving the Final Plat and Development Agreement for Riverstone South Second Addition.

Action:

Motion to Adopt Resolution #22-248 Approving the Final Plat for Riverstone South Second Addition

- and - 

Motion to Adopt Resolution #22-249 Approving the Development Agreement for Riverstone South Second Addition

Attachments

Form Review

Inbox Reviewed By Date
Bruce Westby Bruce Westby 12/08/2022 08:20 AM
Brian Hagen Brian Hagen 12/08/2022 12:21 PM
Form Started By:
Brian McCann
Started On:
10/20/2022 01:17 PM
Final Approval Date:
12/08/2022