Adopt Resolution #19-120 Approving Final Plat and Development Agreement for Riverstone 3rd Addition as well as granting a One year extension for the Riverstone Preliminary Plat (Project #19-103): Case of Capstone Homes.

The purpose of this case is to consider a Final Plat and Development Agreement for Riverstone 3rd Addition, the third phase of an overall 293 lot residential subdivision.

Notification is not required for this request.

The current request would approve an additional 34 lots within the Riverstone Development.  The Final Plat as provided is consistent with the approved preliminary plat with specific plan review comments included in the change marks memo from ProjectDox, the City's online plan review system.

Alternatives

Alternative 1: Adopt Resolution #19-120 approving Final Plat and Development Agreement for Riverstone 3rd addition.  

Alternative 2: Do not adopt Resolution #19-120 approving Final Plat and Development Agreement for Riverstone 3rd addition. The Final Plat is consistent with Preliminary Plat Approval, giving limited ability to deny this application. 

All costs associated with processing the request are the responsibility of the Applicant. There are no City funds associated with this current request (it is noted that the City previously participated in the cost of upgrading infrastructure for Puma Street to facilitate this and other adjacent projects).

Staff recommends approval of the Final Plat as proposed by Capstone Homes (Riverstone Land, LLC) as well as approval of the propsed Development Agreement for Riverstone 3rd Addition and a one year extension to the Riverstone Preliminary Plat.

Motion to adopt Resolution #19-120 approving the Development Agreement and Final Plat for Riverstone 3rd Addition as well as a one year extension to the Riverstone Preliminary Plat.