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3/30 Memo from Development Services(~/rE IDIZ IAN-- ~J Development Services Division TO: Mayor Tammy de Weerd Members of the City Council FROM: Scott Steckline DATE: 3/30/2010 SUBJECT: Emerson Park Subdivision -Time Extension (File #TE-10-002) I. DESCRIPTION Back r Mayor Tammy de Weerd City Ceuneil Member~~ Keith Bird Brad Hoaglun Charles Rountree David Zaremba At the City Council meeting on March 2, 2010, staff provided the Mayor and Council with the staff report for the time extension of Emerson Park Subdivision including a condition that the applicant provides a letter of credit for their portion of the sewer construction improvements along the project's frontage in Victory Road. During the discussion, the applicant asked Council to have the opportunity to meet with staff to discuss options to the condition. At the conclusion of the meeting, it was agreed by Council that staff should meet with the applicant to discuss alternative options and report back to cowlcil on 4/6/2010. After meeting with the applicant, staff has revised the conditions of approval. Below are the revised conditions that both staff and the applicant have agreed upon as a result of the requested meeting. Exhibit B -Conditions of Approval The applicant is to meet all terms of the approved annexation (AZ-03-038), development agreement (instrument # 1 04 1 53422), preliminary plat (PP-07-014), and final plat (FP-08-016) for this development. 2. As of February 4, 2009, future construction for all non-single family detached homes shall be subject to Design Review and Certificate of Zoning Compliance approval per the standards set forth in the City of Meridian Design Manual and UDC 1 1-3A-19A. The applicant shall submit to the City an irrevocable letter of credit or cash deposit for their portion of the sewer construction improvements required with this development along the project's frontage in Victory Road. The approximate total amount of the letter of credit is $30,000.00. This amount will be verified by construction bids received by the City. The applicant shall submit the letter of credit within 90 days of City Council approval of the subject time extension in order for this time extension to remain valid. Contact Meridian Public Works Deparnnent for more information at 898-5500. Puge 1 of 1